CoverageForm 410-K10-Q8-K13D13G13F

LAD · Lithia Motors Inc - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · LAD

Income Statement

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue$37.63B$36.19B$31.04B$28.19B$22.83B$13.12B
Cost of Revenue$31.90B$30.63B$25.81B$23.04B$18.57B$10.90B
Gross Profit$5.73B$5.56B$5.23B$5.15B$4.26B$2.23B
R&D------
SG&A$3.94B$3.76B$3.29B$3.04B$2.46B$1.43B
Total Operating Expenses------
D&A$323.60M$295.30M$204.10M$172.70M$127.30M$92.40M
Operating Income$1.59B$1.58B$1.69B$1.94B$1.67B$697.10M
Interest Expense$275.50M$257.80M$201.20M$129.10M$108.20M$73.10M
Income Tax$282.50M$256.70M$350.60M$468.40M$422.10M$178.20M
Net Income$819.60M$802.00M$1.00B$1.25B$1.06B$470.30M
EPS - Basic$32.38$29.71$36.36$44.38$36.81$19.74
EPS - Diluted$32.32$29.65$36.29$44.17$36.54$19.53

Balance Sheet

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash & Equivalents$391.30M$445.80M$972.00M$271.50M$153.00M$160.20M
Accounts Receivable$1.13B$1.24B$1.12B$813.10M$910.00M$614.00M
Inventory$6.12B$5.91B$4.75B$3.41B$2.39B$2.49B
Accounts Payable$339.50M$333.70M$288.00M$258.40M$235.40M$158.20M
Current Assets$7.86B$7.77B$6.96B$4.63B$3.53B$3.34B
Total Assets$25.11B$23.13B$19.63B$15.01B$11.15B$7.90B
Current Liabilities$6.70B$6.55B$4.93B$3.18B$2.40B$2.48B
Long-term Debt----$2.40B$2.11B
Total Liabilities$18.48B$16.45B$13.35B$9.76B$6.48B$5.24B
Stockholders' Equity$6.60B$6.66B$6.21B$5.21B$4.63B$2.66B
Retained Earnings$6.52B$5.76B$5.01B$4.07B$2.86B$1.84B

Cash Flow

Line itemFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Operating Cash Flow$356.70M$425.10M($472.40M)($610.10M)$1.80B$542.20M
Investing Cash Flow($1.03B)($1.85B)($1.27B)($1.33B)($2.89B)($1.61B)
Financing Cash Flow$612.10M$907.60M$2.41B$2.04B$1.11B$1.14B
CapEx$350.90M$351.40M$230.20M$303.10M$260.40M$167.80M
Free Cash Flow$5.80M$73.70M($702.60M)($913.20M)$1.54B$374.40M

Ratios

MetricFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Profitability
Gross margin15.2%15.4%16.8%18.3%18.7%17.0%
Operating margin4.2%4.4%5.5%6.9%7.3%5.3%
EBITDA margin5.1%5.2%6.1%7.5%7.9%6.0%
Net margin2.2%2.2%3.2%4.4%4.6%3.6%
Free cash flow margin0.0%0.2%-2.3%-3.2%6.7%2.9%
FCF / Net income0.010.09-0.70-0.731.450.80
R&D / Revenue------
SG&A / Revenue10.5%10.4%10.6%10.8%10.8%10.9%
Effective tax rate25.6%24.2%25.9%27.2%28.5%27.5%
Return on assets3.3%3.5%5.1%8.3%9.5%6.0%
Return on equity12.4%12.1%16.1%24.0%22.9%17.7%
Return on invested capital----17.0%10.6%
Liquidity
Current ratio1.171.191.411.461.471.35
Quick ratio0.260.280.450.380.480.34
Cash ratio0.060.070.200.090.060.06
Leverage
Debt / Equity----0.520.79
Debt / Assets----0.220.27
Debt / EBITDA----1.342.67
Interest coverage5.8x6.1x8.4x15.0x15.4x9.5x
Equity multiplier3.803.483.162.882.412.97
Liabilities / Assets0.740.710.680.650.580.66
Efficiency
Asset turnover1.501.561.581.882.051.66
Inventory turnover5.215.185.436.767.794.37
Days sales outstanding11d12d13d11d15d17d
Days inventory outstanding70d70d67d54d47d83d
Days payable outstanding4d4d4d4d5d5d
Cash conversion cycle77d79d76d60d57d95d
Valuation
P / E10.3x12.1x9.1x4.6x8.1x15.0x
P / B1.3x1.5x1.5x1.1x1.9x2.7x
P / S0.2x0.3x0.3x0.2x0.4x0.5x
EV / EBITDA4.2x4.9x4.3x2.6x6.0x11.4x
Growth
Revenue growth (YoY)4.0%16.6%10.1%23.5%74.0%11.0%
Revenue CAGR (3y)10.1%16.6%33.2%33.6%24.5%9.2%
Revenue CAGR (5y)23.5%25.1%21.3%22.8%21.3%10.8%
Gross profit growth (YoY)3.1%6.4%1.5%21.0%91.4%13.9%
Operating income growth (YoY)1.2%-6.9%-12.8%16.4%139.3%40.8%
Net income growth (YoY)2.2%-19.9%-20.0%18.0%125.4%73.2%
EPS growth (YoY)9.0%-18.3%-17.8%20.9%87.1%68.4%
EPS CAGR (3y)-9.9%-6.7%22.9%56.2%49.8%26.1%
EPS CAGR (5y)10.6%20.6%27.3%35.3%36.5%23.1%
FCF growth (YoY)-92.1%-23.1%-310.5%-0.1%
FCF CAGR (5y)-56.5%-27.8%----
Book value growth (YoY)-0.8%7.1%19.4%12.5%73.8%81.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$37.63B total
Vehicle Operations$37.63B · 100.0%

Product / service

$37.63B total
New Vehicle$18.70B · 49.7%
Used Vehicle$13.37B · 35.5%
Aftersales$4.09B · 10.9%
Finance And Insurance$1.47B · 3.9%

Geographic

$37.63B total
US$29.55B · 78.5%
GB$6.91B · 18.4%
CA$1.17B · 3.1%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

2.10
Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

3/9
Weak
  • Net income positive
  • Operating cash flow positive
  • ROA improved YoY
  • Cash flow > net income
  • -Long-term debt decreased
  • Current ratio improved
  • No share dilution
  • Gross margin improved
  • Asset turnover improved

Peer comparison

Same SIC group: Retail-Auto Dealers & Gasoline Stations

CompanyRevenue (last FY)Net marginROE
CVNA$20.32B6.9%40.9%
MUSA--75.5%
ABG$18.00B2.7%12.6%
PAG$31.81B2.9%16.8%
GPI$22.57B1.4%11.7%

Comparing LITHIA MOTORS INC against the 5 most active filers in the same SIC group.

Dividends

$2.22/share trailing 12 months · +3.7% YoY

Ex-datePer share
May 8, 2026$0.5700
Mar 6, 2026$0.5500
Nov 7, 2025$0.5500
Aug 8, 2025$0.5500
May 9, 2025$0.5500
Mar 7, 2025$0.5300
Nov 8, 2024$0.5300
Aug 9, 2024$0.5300
May 9, 2024$0.5300
Mar 7, 2024$0.5000
Nov 9, 2023$0.5000
Aug 10, 2023$0.5000
May 11, 2023$0.5000
Mar 9, 2023$0.4200
Nov 9, 2022$0.4200
Aug 11, 2022$0.4200
May 12, 2022$0.4200
Mar 10, 2022$0.3500
Nov 10, 2021$0.3500
Aug 12, 2021$0.3500
May 6, 2021$0.3500
Mar 11, 2021$0.3100
Nov 12, 2020$0.3100
Aug 13, 2020$0.3100