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.

Website

www.lithia.com

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... Show more

Financial Statements of Lithia Motors

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.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Revenues	—	—	—
New vehicle retail	17,553.8^a	15,154.2^a	12,894.5^a
Used vehicle retail	11,268.5^a	9,570.2^a	9,425^a
Used vehicle wholesale	1,359^a	1,325.3^a	1,425.2^a
Finance and insurance	1,417.7^a	1,337^a	1,285.4^a
Aftersales	3,801.5^a	3,197.1^a	2,738.8^a
Fleet and other	787.7^a	458.5^a	418.9^a
Total revenues	36,188.2^a	31,042.3^a	28,187.8^a
Cost of sales	—	—	—
New vehicle retail	-16,324.1^a	-13,760.1^a	-11,314.8^a
Used vehicle retail	-10,539.9^a	-8,848.8^a	-8,599.6^a
Used vehicle wholesale	-1,365.3^a	-1,343.7^a	-1,440.6^a
Aftersales	-1,678.5^a	-1,445.7^a	-1,275.8^a
Fleet and other	-719.4^a	-415.1^a	-404.6^a
Total cost of sales	-30,627.2^a	-25,813.4^a	-23,035.4^a
Gross profit	5,561^a	5,228.9^a	5,152.4^a
Financing operations income (loss)	15.4^a	-45.9^a	-4^a
Selling, general and administrative	-3,755.2^a	-3,294.8^a	-3,044.1^a
Depreciation and amortization	-245.6^a	-195.8^a	-163.2^a
Operating income	1,575.6^a	1,692.4^a	1,941.1^a
Floor plan interest expense	-278.8^a	-150.9^a	-38.8^a
Other interest expense	-257.8^a	-201.2^a	-129.1^a
Other income (expense), net	39.3^a	22^a	-43.2^a
Income before income taxes	1,078.3^a	1,362.3^a	1,730^a
Income tax provision	-256.7^a	-350.6^a	-468.4^a
Net income	821.6^a	1,011.7^a	1,261.6^a
Net income attributable to non-controlling interests	-4.8^a	-6.5^a	-4.8^a
Net income attributable to redeemable non-controlling interest	-14.8^a	-4.4^a	-5.8^a
Net income attributable to Lithia Motors, Inc.	802^a	1,000.8^a	1,251^a

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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Lithia Motors Inc

Financial Statements of Lithia Motors

Verified Sources Behind Lithia Motors’s Financial Fundamentals Data

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