Lithia Motors (LAD) Financial Statements
Price: $295.77
Market Cap: $7.77B
Avg Volume: 368.54K
Market Cap: $7.77B
Avg Volume: 368.54K
Country: US
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Lithia Motors.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $36.19B | $31.04B | $28.23B | $22.83B | $13.12B | $12.67B | $11.82B | $10.09B | $8.68B | $7.86B |
| Cost of Revenue | $30.63B | $25.86B | $23.08B | $18.57B | $10.90B | $10.72B | $10.04B | $8.57B | $7.38B | $6.69B |
| Gross Profit | $5.56B | $5.18B | $5.15B | $4.26B | $2.23B | $1.95B | $1.78B | $1.52B | $1.30B | $1.18B |
| Gross Profit Ratio | 15.37% | 16.70% | 18.25% | 18.70% | 16.96% | 15.42% | 15.03% | 15.03% | 15.00% | 14.95% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $3.56B | $3.08B | $2.86B | $2.30B | $1.35B | $1.37B | $1.25B | $956.07M | $899.59M | $741.58M |
| Selling and Marketing Expenses | $250.70M | $248.20M | $253.60M | $162.20M | $97.40M | $111.90M | $108.70M | $93.31M | $81.36M | $69.60M |
| Selling General and Administrative Expenses | $3.82B | $3.29B | $3.04B | $2.46B | $1.43B | $1.37B | $1.25B | $1.05B | $899.59M | $811.17M |
| Other Expenses | $169.90M | $195.80M | $167.20M | $127.30M | $92.30M | $82.40M | $8.80M | $12.20M | $-6.10M | $-1.01M |
| Operating Expenses | $3.99B | $3.49B | $3.21B | $2.59B | $1.52B | $1.46B | $1.33B | $1.11B | $948.96M | $852.77M |
| Cost and Expenses | $34.61B | $29.35B | $26.29B | $21.16B | $12.42B | $12.18B | $11.37B | $9.68B | $8.33B | $7.54B |
| Interest Income | $347.80M | $- | $167.90M | $11.00M | $6.50M | $133.40M | $- | $- | $- | $- |
| Interest Expense | $731.70M | $352.10M | $167.90M | $130.50M | $107.50M | $133.40M | $118.30M | $74.11M | $48.74M | $39.02M |
| Depreciation and Amortization | $389.80M | $264.60M | $218.60M | $166.30M | $121.20M | $82.40M | $75.40M | $57.72M | $49.37M | $41.60M |
| EBITDA | $2.20B | $1.98B | $2.12B | $1.78B | $877.20M | $582.50M | $528.00M | $478.90M | $381.06M | $382.75M |
| EBITDA Ratio | 6.08% | 6.38% | 7.30% | 7.64% | 6.74% | 4.69% | 4.50% | 4.75% | 4.56% | 4.62% |
| Operating Income | $1.58B | $1.69B | $1.94B | $1.67B | $697.10M | $495.00M | $447.00M | $408.99M | $338.36M | $302.74M |
| Operating Income Ratio | 4.35% | 5.45% | 6.88% | 7.31% | 5.31% | 3.91% | 3.78% | 4.05% | 3.90% | 3.85% |
| Total Other Income Expenses Net | $-497.30M | $-330.10M | $-211.10M | $-177.70M | $-48.60M | $-119.60M | $-109.50M | $-61.92M | $-54.88M | $-40.03M |
| Income Before Tax | $1.08B | $1.36B | $1.73B | $1.48B | $648.50M | $375.40M | $337.50M | $347.07M | $283.52M | $262.70M |
| Income Before Tax Ratio | 2.98% | 4.39% | 6.13% | 6.50% | 4.94% | 2.96% | 2.85% | 3.44% | 3.27% | 3.34% |
| Income Tax Expense | $256.70M | $350.60M | $468.40M | $422.10M | $178.20M | $103.90M | $71.80M | $101.85M | $86.47M | $79.70M |
| Net Income | $802.00M | $1.00B | $1.25B | $1.06B | $470.30M | $271.50M | $265.70M | $245.22M | $197.06M | $183.00M |
| Net Income Ratio | 2.22% | 3.22% | 4.43% | 4.64% | 3.58% | 2.14% | 2.25% | 2.43% | 2.27% | 2.33% |
| EPS | $30.38 | $36.39 | $44.36 | $36.81 | $19.76 | $11.70 | $10.89 | $9.78 | $7.84 | $6.96 |
| EPS Diluted | $29.93 | $36.26 | $44.20 | $36.56 | $19.51 | $11.60 | $10.84 | $9.75 | $7.72 | $6.91 |
| Weighted Average Shares Outstanding | 26.40M | 27.50M | 28.20M | 28.80M | 23.80M | 23.20M | 24.40M | 25.07M | 25.14M | 26.29M |
| Weighted Average Shares Outstanding Diluted | 26.80M | 27.60M | 28.30M | 29.00M | 24.10M | 23.40M | 24.50M | 25.10M | 25.52M | 26.49M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $402.20M | $941.40M | $246.70M | $174.80M | $160.20M | $84.00M | $31.60M | $57.25M | $50.28M | $45.01M |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $402.20M | $941.40M | $246.70M | $174.80M | $160.20M | $84.00M | $31.60M | $57.25M | $50.28M | $45.01M |
| Net Receivables | $1.24B | $1.12B | $813.10M | $910.00M | $614.00M | $505.00M | $529.40M | $521.94M | $417.71M | $308.46M |
| Inventory | $5.91B | $4.75B | $3.41B | $2.39B | $2.49B | $2.43B | $2.37B | $2.13B | $1.77B | $1.47B |
| Other Current Assets | $221.30M | $136.80M | $161.70M | $63.00M | $70.50M | $47.80M | $65.10M | $70.85M | $46.61M | $54.02M |
| Total Current Assets | $7.77B | $6.96B | $4.63B | $3.53B | $3.34B | $3.07B | $2.99B | $2.78B | $2.29B | $1.88B |
| Property Plant Equipment Net | $5.29B | $4.46B | $3.57B | $3.05B | $2.20B | $1.61B | $1.45B | $1.19B | $1.01B | $876.66M |
| Goodwill | $2.12B | $1.93B | $1.46B | $977.30M | $593.00M | $454.60M | $434.90M | $256.32M | $259.40M | $213.22M |
| Intangible Assets | $- | $2.40B | $1.86B | $799.10M | $350.20M | $306.70M | $288.70M | $186.98M | $184.27M | $157.70M |
| Goodwill and Intangible Assets | $2.12B | $4.33B | $3.32B | $1.78B | $943.20M | $761.30M | $723.60M | $443.30M | $443.67M | $370.92M |
| Long Term Investments | $- | $- | $2.21B | $-191.00M | $-146.30M | $-131.10M | $-91.20M | $-56.28M | $-59.08M | $-53.13M |
| Tax Assets | $- | $- | $282.70M | $191.00M | $146.30M | $131.10M | $91.20M | $56.28M | $59.08M | $53.13M |
| Other Non-Current Assets | $7.95B | $3.88B | $989.10M | $2.78B | $1.42B | $640.40M | $221.00M | $271.82M | $107.16M | $100.86M |
| Total Non-Current Assets | $15.36B | $12.68B | $10.38B | $7.61B | $4.56B | $3.01B | $2.39B | $1.90B | $1.56B | $1.35B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $0 |
| Total Assets | $23.13B | $19.63B | $15.01B | $11.15B | $7.90B | $6.08B | $5.38B | $4.68B | $3.84B | $3.23B |
| Account Payables | $333.70M | $288.00M | $258.40M | $235.40M | $158.20M | $125.30M | $126.30M | $111.40M | $88.42M | $70.87M |
| Short Term Debt | $5.10B | $3.75B | $2.14B | $1.19B | $1.80B | $2.11B | $2.08B | $1.94B | $1.62B | $1.35B |
| Tax Payables | $- | $28.90M | $- | $43.00M | $33.00M | $10.10M | $- | $- | $- | $- |
| Deferred Revenue | $414.20M | $- | $44.60M | $-235.40M | $-158.20M | $-125.30M | $121.70M | $103.11M | $81.93M | $66.73M |
| Other Current Liabilities | $708.00M | $870.20M | $782.70M | $934.30M | $491.30M | $326.80M | $283.60M | $251.68M | $211.11M | $167.11M |
| Total Current Liabilities | $6.55B | $4.93B | $3.18B | $2.40B | $2.48B | $2.57B | $2.49B | $2.30B | $1.92B | $1.59B |
| Long Term Debt | $2.65B | $7.58B | $5.86B | $3.55B | $2.07B | $1.64B | $1.39B | $1.03B | $769.92M | $604.68M |
| Deferred Revenue Non-Current | $- | $264.10M | $226.70M | $191.20M | $155.70M | $137.90M | $121.70M | $103.11M | $81.93M | $66.73M |
| Deferred Tax Liabilities Non-Current | $397.10M | $349.30M | $286.30M | $191.00M | $146.30M | $131.10M | $91.20M | $56.28M | $59.08M | $53.13M |
| Other Non-Current Liabilities | $6.85B | $220.70M | $207.20M | $151.30M | $387.90M | $137.50M | $93.40M | $270.39M | $100.46M | $81.98M |
| Total Non-Current Liabilities | $9.90B | $8.42B | $6.58B | $4.08B | $2.76B | $2.05B | $1.69B | $1.30B | $1.01B | $808.31M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $16.45B | $13.35B | $9.76B | $6.48B | $5.24B | $4.62B | $4.19B | $3.60B | $2.93B | $2.40B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $0 | $- |
| Common Stock | $793.10M | $1.10B | $1.08B | $1.71B | $788.20M | $20.60M | $100.00K | $149.25M | $165.73M | $258.73M |
| Retained Earnings | $5.76B | $5.01B | $4.07B | $2.86B | $1.84B | $1.40B | $1.16B | $922.66M | $703.82M | $530.89M |
| Accumulated Other Comprehensive Income Loss | $-3.60M | $20.10M | $-18.00M | $-3.00M | $-6.30M | $-700.00K | $-240.50M | $-197.80M | $-0 | $-277.00K |
| Other Total Stockholders Equity | $107.20M | $79.90M | $76.80M | $58.30M | $41.40M | $46.00M | $275.50M | $11.31M | $41.23M | $38.82M |
| Total Stockholders Equity | $6.66B | $6.21B | $5.25B | $4.66B | $2.66B | $1.47B | $1.20B | $1.08B | $910.78M | $828.16M |
| Total Equity | $6.68B | $6.28B | $5.30B | $4.70B | $2.66B | $1.47B | $1.20B | $1.08B | $910.78M | $828.16M |
| Total Liabilities and Stockholders Equity | $23.13B | $19.63B | $15.01B | $11.15B | $7.90B | $6.08B | $5.38B | $4.68B | $3.84B | $3.23B |
| Minority Interest | $23.90M | $69.00M | $44.90M | $36.80M | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $23.13B | $19.63B | $15.01B | $11.15B | $7.90B | $6.08B | $5.38B | $4.68B | $3.84B | $3.23B |
| Total Investments | $- | $3.24B | $2.21B | $-191.00M | $-146.30M | $-131.10M | $-91.20M | $-56.28M | $-59.08M | $-53.13M |
| Total Debt | $7.74B | $11.33B | $7.63B | $4.38B | $3.86B | $3.50B | $3.42B | $2.97B | $2.39B | $1.96B |
| Net Debt | $7.34B | $10.39B | $7.38B | $4.20B | $3.70B | $3.41B | $3.38B | $2.91B | $2.34B | $1.91B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $821.60M | $1.00B | $1.26B | $1.06B | $470.30M | $271.50M | $265.70M | $245.22M | $197.06M | $183.00M |
| Depreciation and Amortization | $389.80M | $264.60M | $228.10M | $166.30M | $121.30M | $82.40M | $75.40M | $57.72M | $49.37M | $41.60M |
| Deferred Income Tax | $- | $58.70M | $95.20M | $43.10M | $17.20M | $40.10M | $33.00M | $-2.80M | $10.14M | $12.34M |
| Stock Based Compensation | $58.40M | $- | $41.10M | $34.70M | $23.20M | $16.20M | $13.30M | $11.27M | $11.05M | $11.87M |
| Change in Working Capital | $-833.40M | $-1.81B | $-2.21B | $414.30M | $-36.00M | $96.50M | $145.90M | $-157.01M | $-185.25M | $-184.00M |
| Accounts Receivables | $- | $-1.05B | $-1.49B | $-147.10M | $-113.50M | $24.40M | $4.70M | $-57.36M | $-105.96M | $-13.05M |
| Inventory | $-260.90M | $-863.50M | $-923.00M | $674.60M | $228.80M | $-19.70M | $-108.90M | $-193.10M | $-168.85M | $-197.08M |
| Accounts Payables | $- | $-19.90M | $25.30M | $78.40M | $28.20M | $-1.80M | $15.10M | $20.01M | $16.45M | $674.00K |
| Other Working Capital | $-572.50M | $115.70M | $183.10M | $-191.60M | $-179.50M | $93.60M | $235.00M | $73.44M | $73.11M | $25.45M |
| Other Non Cash Items | $-11.30M | $16.70M | $-26.90M | $76.10M | $-53.80M | $-7.20M | $-13.60M | $-5.55M | $4.16M | $9.40M |
| Net Cash Provided by Operating Activities | $425.10M | $-472.40M | $-610.10M | $1.80B | $542.20M | $499.50M | $519.70M | $148.86M | $86.52M | $74.21M |
| Investments in Property Plant and Equipment | $-351.40M | $-230.20M | $-303.10M | $-260.40M | $-167.80M | $-124.90M | $-158.00M | $-105.38M | $-100.76M | $-83.24M |
| Acquisitions Net | $-1.25B | $-1.04B | $-1.03B | $-2.62B | $-1.45B | $-319.90M | $-339.50M | $-439.45M | $-222.86M | $-58.65M |
| Purchases of Investments | $- | $-11.10M | $-11.80M | $-10.30M | $-11.20M | $-7.20M | $-62.70M | $-8.57M | $-30.28M | $-28.11M |
| Sales Maturities of Investments | $- | $- | $- | $260.40M | $167.80M | $124.90M | $158.00M | $- | $- | $- |
| Other Investing Activities | $-254.50M | $13.20M | $16.60M | $-257.10M | $-148.80M | $-110.90M | $-154.90M | $15.20M | $2.21M | $270.00K |
| Net Cash Used for Investing Activities | $-1.85B | $-1.27B | $-1.33B | $-2.89B | $-1.61B | $-438.00M | $-557.10M | $-538.20M | $-351.69M | $-169.73M |
| Debt Repayment | $1.32B | $2.52B | $2.76B | $256.10M | $225.30M | $14.10M | $179.40M | $245.70M | $143.30M | $14.56M |
| Common Stock Issued | $27.30M | $29.70M | $36.10M | $1.14B | $790.40M | $11.00M | $10.10M | $7.51M | $6.93M | $6.07M |
| Common Stock Repurchased | $-365.90M | $-48.90M | $-688.30M | $-230.70M | $-50.60M | $-3.20M | $-148.90M | $-33.75M | $-112.94M | $-31.55M |
| Dividends Paid | $-56.50M | $-52.80M | $-45.20M | $-38.80M | $-29.10M | $-27.60M | $-27.70M | $-26.54M | $-24.13M | $-19.98M |
| Other Financing Activities | $-21.60M | $-38.60M | $-23.40M | $-16.10M | $203.80M | $-3.40M | $-1.20M | $203.46M | $257.28M | $136.20M |
| Net Cash Used Provided by Financing Activities | $907.60M | $2.41B | $2.04B | $1.22B | $1.14B | $-9.10M | $11.70M | $396.31M | $270.45M | $110.63M |
| Effect of Forex Changes on Cash | $-4.50M | $33.40M | $-3.00M | $2.50M | $100.00K | $- | $- | $- | $-1.00K | $- |
| Net Change in Cash | $-526.20M | $700.50M | $93.00M | $16.00M | $76.20M | $52.40M | $-25.70M | $6.97M | $5.27M | $15.11M |
| Cash at End of Period | $445.80M | $972.00M | $271.50M | $178.50M | $160.20M | $84.00M | $31.60M | $57.25M | $50.28M | $45.01M |
| Cash at Beginning of Period | $972.00M | $271.50M | $178.50M | $162.50M | $84.00M | $31.60M | $57.30M | $50.28M | $45.01M | $29.90M |
| Operating Cash Flow | $425.10M | $-472.40M | $-610.10M | $1.80B | $542.20M | $499.50M | $519.70M | $148.86M | $86.52M | $74.21M |
| Capital Expenditure | $-351.40M | $-230.20M | $-303.10M | $-260.40M | $-167.80M | $-124.90M | $-158.00M | $-105.38M | $-100.76M | $-83.24M |
| Free Cash Flow | $73.70M | $-702.60M | $-913.20M | $1.54B | $374.40M | $374.60M | $361.70M | $43.48M | $-14.24M | $-9.04M |