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Lithia Motors Inc

Common Name
Lithia Motors
Country
United States
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,000
Ticker
LAD
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Lithia Motors Inc. is a prominent player in the automotive retail industry, operating as one of the largest advisors and providers of vehicles and related services across the United States. Specializi...

Lithia Motors's Financial Statements Preview

Below are the financial statements of Lithia Motors, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024 as of 2024-12-31
2023 as of 2023-12-31
Assets
Current assets
Cash, restricted cash, and cash equivalents
402.2a
941.4a
Accounts receivable, net of allowance for doubtful accounts of $2.3 and $7.1
1,237a
1,105.5a
Inventories, net
5,911.7a
4,753.9a
Other current assets
221.3a
136.8a
Total current assets
7,772.2a
6,937.6a
Property and equipment, net of accumulated depreciation of $825.5 and $646.7
4,629.9a
3,981.4a
Operating lease right-of-use assets
658.7a
478.8a
Finance receivables, net of allowance for credit losses of $123.4 and $106.4
3,875.2a
3,259.9a
Goodwill
2,115.5a
1,930.6a
Franchise value
2,550.3a
2,402.2a
Other non-current assets
1,526.1a
642a
Total assets
23,127.9a
19,632.5a
Liabilities and equity
Current liabilities
Floor plan notes payable
2,055.1a
1,347a
Floor plan notes payable: non-trade
2,848a
2,288.5a
Current maturities of long-term debt
134a
75.7a
Current maturities of non-recourse notes payable
58.1a
33.9a
Trade payables
333.7a
288a
Accrued liabilities
1,122.2a
899.1a
Total current liabilities
6,551.1a
4,932.2a
Long-term debt, less current maturities
6,119.3a
5,483.7a
Non-recourse notes payable, less current maturities
2,051.2a
1,671.7a
Deferred revenue
414.2a
264.1a
Deferred income taxes
397.1a
349.3a
Non-current operating lease liabilities
596.5a
427.9a
Other long-term liabilities
319.1a
220.7a
Total liabilities
16,448.5a
13,349.6a
Redeemable non-controlling interest
0a
44a
Equity
Preferred stock
0a
0a
Common stock
793.1a
1,100.6a
Additional paid-in capital
107.2a
79.9a
Accumulated other comprehensive (loss) income
-3.6a
20.1a
Retained earnings
5,758.8a
5,013.3a
Total stockholders’ equity
6,655.5a
6,213.9a
Non-controlling interest
23.9a
25a
Total equity
6,679.4a
6,238.9a
Total liabilities, redeemable non-controlling interest and equity
23,127.9a
19,632.5a
Limited Data Preview
You are viewing a limited preview of Lithia Motors’s balance sheet data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Lithia Motors’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lithia Motors’s data sources below and access millions more through our Disclosure Search.

a. Lithia Motors's 10-K 2024
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