Lithia Motors, Inc. (LAD) — Financial statements
Income statement, balance sheet, and cash flow for Lithia Motors, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 37,635↑4.0% | 36,188↑16.6% | 31,042↑10.1% | 28,188↑23.5% | 22,832 | |
| Cost of Revenue | 31,902↑4.2% | 30,627↑18.6% | 25,813↑12.1% | 23,035↑24.0% | 18,573 | |
| Gross Profit | 5,733↑3.1% | 5,561↑6.4% | 5,229↑1.5% | 5,152↑21.0% | 4,259 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3,688↑5.2% | 3,505↑15.0% | 3,047↑9.2% | 2,791↑20.2% | 2,321 | |
| Selling & Marketing Expenses | 257↑2.5% | 251↑1.0% | 248↓2.1% | 254↑56.4% | 162 | |
| SG&A Expenses | 3,945↑5.0% | 3,755↑14.0% | 3,295↑8.2% | 3,044↑22.6% | 2,483 | |
| Other Expenses | 360↑56.3% | 230↓4.8% | 242↑44.6% | 167↑47.4% | 113 | |
| Operating Expenses | 4,304↑8.0% | 3,985↑12.7% | 3,537↑10.1% | 3,211↑23.7% | 2,597 | |
| Total Costs & Expenses | 36,206↑4.6% | 34,613↑17.9% | 29,350↑11.8% | 26,247↑24.0% | 21,169 | |
| Operating Results | ||||||
| Operating Income | 1,429↓9.3% | 1,576↓6.9% | 1,692↓12.8% | 1,941↑16.8% | 1,663 | |
| Depreciation & Amortization | 415↑6.4% | 390↑47.3% | 265↑16.0% | 228↑37.2% | 166 | |
| EBITDA | 2,303↑1.9% | 2,260↑4.7% | 2,158↓1.4% | 2,188↑23.1% | 1,777 | |
| EBIT | 1,888↑0.9% | 1,870↓1.2% | 1,893↓3.4% | 1,960↑21.7% | 1,611 | |
| Interest & Other Income | ||||||
| Net Interest Income | -280↑47.8% | -537↓52.4% | -352↓109.7% | -168↓46.4% | -115 | |
| Interest Income | 499 | 0.00 | 0.00 | 0.00↓100.0% | 11 | |
| Interest Expense | 779↑45.2% | 537↑52.4% | 352↑109.7% | 168↑33.6% | 126 | |
| Non-Operating Income | -459↓55.8% | -295↓46.7% | -201↓985.9% | -19↓135.6% | 52 | |
| Other Income / Expenses | -320↑35.6% | -497↓50.7% | -330↓56.4% | -211↓18.8% | -178 | |
| Income Before Tax | 1,108↑2.8% | 1,078↓20.8% | 1,362↓21.3% | 1,730↑16.5% | 1,485 | |
| Income Tax Expense | 283↑10.1% | 257↓26.8% | 351↓25.1% | 468↑11.0% | 422 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 826↑0.5% | 822↓18.8% | 1,012↓19.8% | 1,262↑18.7% | 1,063 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 820↑2.2% | 802↓19.9% | 1,001↓20.0% | 1,251↑18.0% | 1,060 | |
| Bottom-Line Net Income | 820↑2.2% | 802↓19.9% | 1,001↓20.0% | 1,251↑18.0% | 1,060 | |
| EPS (Basic) | 32.38↑9.0% | 29.71↓18.4% | 36.39↓18.0% | 44.36↑20.5% | 36.81 | |
| EPS (Diluted) | 32.32↑9.0% | 29.65↓18.3% | 36.29↓17.9% | 44.20↑20.9% | 36.56 | |
| Weighted Average Shares | 25↓6.3% | 27↓1.8% | 28↓2.5% | 28↓2.1% | 29 | |
| Weighted Average Diluted Shares | 25↓6.3% | 27↓1.8% | 28↓2.5% | 28↓2.4% | 29 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.