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Lithia Motors Inc (LAD) stock

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NYSE: LAD NYSE Automotive Retail Next results ~January 18, 2027

C+ Fundamentals grade

Lithia Motors Inc is a US-listed company in the automotive retail industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$570

Valuation models combined (5)

Base case. Range ~$380–$790. Weighted average of 5 models (growth cash-flow model, forward price-to-earnings vs peers, residual income, justified price-to-book, revenue-to-maturity model), the growth cash-flow model counting double.

Price vs value

No Buy/Hold/Sell rating is issued: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Lithia Motors Inc valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 4 selling0 purchases and 8 sales by directors and officers, last 12 monthsInsider trades
  • Funds213 adding, 223 cuttingOf 62 active managers that changed their stake, 33 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Lithia Motors files

10-Q filed October 28: Lithia Motors

Model value +4.4%

Revenue for the twelve months to September 2026 was $38.2bn, up 1.6% on a year earlier, slower than the 2.1% growth a quarter earlier. Free-cash-flow margin fell to -1.1% from -0.1% a year earlier. The diluted share count is down 11.8% on a year earlier, which lifts each remaining share. Our model value rises from $527 to $551 a share, against a share price of $307.

Source: 10-Q filed October 28, 2026 on SEC EDGAR · Financials · Valuation

Earlier notes (2)

10-Q filed July 29: Lithia Motors

Lithia Motors generated $38.2bn in revenue over the twelve months to June 2026, up 1.6% on the prior year. That pace has eased from 2.1% growth a quarter earlier. Free-cash-flow margin, meanwhile, slipped to -1.1%, down from -0.1% a year ago. Buybacks have been active: the diluted share count is down 11.8% on a year earlier, which concentrates value into each remaining share, even as underlying growth slows. Taken together, these shifts have pulled our model value down from $679 to $527 a share. The stock currently trades at $291, leaving a wide gap to our revised estimate despite the softer growth and weaker cash generation.

10-Q on SEC EDGAR

Where Lithia Motors stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $37.9bn, up 2.1% on a year earlier, about the same pace as a quarter earlier. Free-cash-flow margin fell to -1.3% from 0.9% a year earlier. The diluted share count is down 10.1% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 2 of our 3 financial-health checks. Our valuation models combined value is $596 a share, against a share price of $299.

10-Q on SEC EDGAR

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~January 18, 2027 (estimated)

Lithia Motors Inc's trailing-twelve-month revenue grew 1.6% year on year, with a free-cash-flow margin of -1.1%. Where it stands out: change in share count of -11.8% ranks 1 of 19 automotive retail companies we cover. Where it lags: gross margin of 15.1% ranks 17 of 20 automotive retail companies we cover.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 906.4% while net income fell 11.9%: a 894pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Shrinking share count. Diluted shares fell 11.8% in a year, so each share owns more of the business.

Things to watch

  • Burning cash. Free cash flow was -1.1% of revenue over the last 12 months.
  • Weak cash conversion. Free cash flow was -54% of net income over the last 12 months.
  • Below peers: gross margin. Gross margin of 15.1% ranks 17 of 20 automotive retail companies we cover (median 27.7%).
  • Heavily shorted. 12.3% of the shares available to trade are sold short (5.0 days of average volume to cover).

Latest results: FY2026 Q3

Filed October 28, 2026
Earnings per share
$10.34 against an average estimate of $9.68: beat by 6.9%
Revenue
$9.95bn, up 2.8% on a year earlier
Share reaction
-2.8% in the first session after the results on October 21, 2026, against -0.7% for the S&P 500
Next report
October 21, 2026; average EPS estimate $8.30

Lithia Motors' figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day+3.3%
  • 1 week+8.0%
  • 1 month+0.6%
  • This year-6.3%
  • 1 year-0.6%
  • 5 years-3.2%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$38.2B
Operating margin
4.0%
Net margin
2.1%
EPS (TTM, diluted)
$34.28

Growth

Revenue growth
+1.6%
Change in growth rate
−0.5 pts
Share count change
−11.8%

Cash

Free cash flow (TTM)
-$427M
FCF margin
-1.1%
Stock pay % of revenue
0.1%

Earnings

Last results
October 21, 2026
Next results (est.)
January 18, 2027

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Results
  2. Leadership
  3. Results

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Lithia Motors Inc valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: valued with our growth model, which doesn't carry a Buy/Hold/Sell rating yet.

Valuation models

We value Lithia Motors Inc as an operating company, with every model that fits that kind of business. Cost of equity 8.9%: the 10-year Treasury yield (4.9%) plus a beta of 0.89 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Growth cash-flow model Revenue for this year and next from analysts' consensus, then growth fading to 2.5%; the operating margin moving to profitable peers'; investment needed per dollar of growth from peers; reduced by a failure probability. For young or fast-growing companies. The starting margin is normalized to between -100% and 60%; net margin is a proxy when operating income is not tagged. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$510 ~$370–$590 Primary model, counts double
Forward price-to-earnings vs peers Next year's consensus earnings per share times peers' typical (harmonic-mean) forward price-to-earnings. Uses analysts' consensus estimates (third-party data), not our forecasts. ~$520 ~$360–$730 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$790 ~$540–$1200 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$710 ~$610–$850 Included
Forward price-to-sales vs peers Next year's consensus sales per share times peers' typical forward price-to-sales; only when earnings are negative. Uses analysts' consensus estimates (third-party data), not our forecasts. — Does not apply: earnings are positive: price-to-earnings is the better measure
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. ~$380 ~$350–$480 Included
Combined value Weighted average of the models that apply: the primary model (growth cash-flow model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$570 ~$380–$790 5 models

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Lithia Motors Inc with Automotive Retail in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025Now
Share price$97.46$89.48$106.08$72.18$140.43$281.88$287.07$199.15$322.69$352.75$330.38$309.66
Market value$2.6bn$2.3bn$2.7bn$1.8bn$3.3bn$6.8bn$8.3bn$5.6bn$8.9bn$9.6bn$8.4bn$7.1bn
+ Net debt (− = net cash)$1.9bn$2.3bn$997m−$32m−$84m$2.0bn$3.3bn$5.3bn$6.3bn$7.9bn$9.4bn−$108m
Enterprise value$4.5bn$4.6bn$3.7bn$1.7bn$3.2bn$8.8bn$11.6bn$10.9bn$15.2bn$17.5bn$17.8bn$7.0bn
Multiples
Price / sales 0.3x0.3x0.3x0.1x0.3x0.5x0.4x0.2x0.3x0.3x0.2x0.2x
Price / earnings 14.1x11.6x10.9x6.7x12.1x14.4x7.9x4.5x8.9x12.0x10.2x9.0x
Price / free cash flow ——61.2x4.9x8.2x18.0x5.4x——129.7xn/m—
EV / EBITDA 13.1x11.9x7.8x3.3x5.5x11.2x6.5x5.2x8.0x9.4x9.3x3.8x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

44 /100

Weak moat

How hard Lithia Motors's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 6 / 20

    Cash operating profit has been a median 5.7% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 15.5%, moving by 1.3 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median 4.4%; its worst year was 3.9%.

  • Cash conversion 5 / 20

    Free cash flow was positive in 5 of 10 years, at a median 0.3% of revenue.

  • Discipline 20 / 20

    The diluted share count fell 18.3% over five years; stock-based pay has been a median 0.1% of revenue.

AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (49 before it).

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $35.96 +8% $38.4bn +2%
Next $40.27 +12% $39.5bn +3%

Next year's EPS estimate has moved −1.2% in 90 days, across 14 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is +4.1% on 90 days ago. In the last 30 days, 0 analysts raised Lithia Motors Inc's forecast and 7 cut it.

Consensus EPS forecast Lithia Motors Inc, last 90 days
$30.00 $35.00 $40.00 $45.00 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $34.53 Current fiscal year, 60 days ago: $36.29 Current fiscal year, 30 days ago: $36.33 Current fiscal year, 7 days ago: $35.71 Current fiscal year, Now: $35.96 $35.96 Next fiscal year, 90 days ago: $40.75 Next fiscal year, 60 days ago: $42.21 Next fiscal year, 30 days ago: $42.65 Next fiscal year, 7 days ago: $41.45 Next fiscal year, Now: $40.27 $40.27

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $34.53$40.75
60 days ago $36.29$42.21
30 days ago $36.33$42.65
7 days ago $35.71$41.45
Now $35.96$40.27

Earnings against estimates

Quarter toEstimateActualSurprise
Sept 2026 $9.68 $10.34 +6.9%
Jun 2026 $8.72 $10.03 +15.0%
Mar 2026 $6.86 $7.34 +7.0%
Dec 2025 $8.10 $6.74 −16.8%

Adjusted EPS as companies report it, against the average analyst estimate.

Management guidance

Earnings release, October 21, 2026

No numeric guidance in Lithia Motors Inc's latest earnings release (filed October 21, 2026). Some companies give their outlook only on the earnings call.

Analyst recommendations

15 analysts, Oct 2026
Buy1173%
Hold427%
Sell00%

Monthly trend

  1. Oct 202638415
  2. Sep 202628515
  3. Aug 202628616
  4. Jul 202628616

Counts of recommendations published by analysts covering Lithia Motors Inc, by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
12.3%
of tradable shares
Days to cover
4.96
at average volume
Short interest, 1 month
−8%
to October 15, 2026
Held by institutions
—
of shares
Held by insiders
1.2%
of shares
Employees
30,000
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

What moved the share price

Last 12 months −0.6%

$311.65 on October 31, 2025 to $309.66

ThenNowEffect
Revenue (last 12 months) $37.2bn $37.9bn +2.1%
Net margin 2.4% 1.9% −21.0%
P/E multiple 9.3x 10.3x +10.7%
Share count 26m 24m +11.2%

Biggest factor: net margin.

Last 3 years +18.9%

$260.36 on November 3, 2023 to $309.66

ThenNowEffect
Revenue (last 12 months) $29.3bn $37.9bn +29.4%
Net margin 3.8% 1.9% −49.9%
P/E multiple 6.5x 10.3x +58.8%
Share count 28m 24m +15.7%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
LAD+2%−31%+62%+9%−6%−6%
Industry peers (median)+38%−16%+16%−3%−17%−10%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
LAD50%33%50%58%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
LAD−32%−47%−30%−26%−29%−37%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 61% from November 27, 2019 to March 18, 2020. Getting back needed a 158% gain, reached on July 10, 2020, 114 days after the low.

Price behaviour

52-week range
$242.07 – $426.68
From 52-week high
−27.4%
vs 50-day average
−3.6%
vs 200-day average
+1.0%
Volatility (1 year)
41%
Beta vs S&P 500
0.44

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
7 up, 5 down
typical move ±5.3%
After a week
5 up, 7 down
typical move ±4.3%
After a month
6 up, 5 down
typical move ±10.6%
Results releasedNext dayS&P 500 next day5 days21 days
October 21, 2026 −2.8% −0.7% −3.6% —
July 29, 2026 +13.0% +0.1% +2.9% +3.7%
April 29, 2026 +4.6% +1.0% +4.4% +5.1%
February 11, 2026 −6.7% −1.6% −9.0% −21.8%
October 22, 2025 +4.1% +0.1% +3.2% −7.6%
July 29, 2025 −6.8% −0.4% −3.0% +10.9%
April 23, 2025 −1.1% +3.7% −0.9% +4.3%
February 12, 2025 +4.3% +0.7% −2.2% −19.7%
October 23, 2024 +10.1% −0.7% +11.6% +25.8%
August 1, 2024 +5.0% −3.3% +2.5% +9.2%
April 24, 2024 −2.6% −0.4% −3.9% −3.7%
February 14, 2024 +2.0% +1.6% −4.3% −5.3%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Lithia Motors Inc in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Lithia Motors Inc
$30B $32B $34B $36B $38B $40B FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue (TTM), FY23 Q4: $31B Revenue (TTM), FY24 Q1: $32.6B Revenue (TTM), FY24 Q2: $33.7B Revenue (TTM), FY24 Q3: $34.7B Revenue (TTM), FY24 Q4: $36.2B Revenue (TTM), FY25 Q1: $36.8B Revenue (TTM), FY25 Q2: $37.2B Revenue (TTM), FY25 Q3: $37.6B Revenue (TTM), FY25 Q4: $37.6B Revenue (TTM), FY26 Q1: $37.7B Revenue (TTM), FY26 Q2: $37.9B Revenue (TTM), FY26 Q3: $38.2B $38.2B

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q4 $31B
FY24 Q1 $32.6B
FY24 Q2 $33.7B
FY24 Q3 $34.7B
FY24 Q4 $36.2B
FY25 Q1 $36.8B
FY25 Q2 $37.2B
FY25 Q3 $37.6B
FY25 Q4 $37.6B
FY26 Q1 $37.7B
FY26 Q2 $37.9B
FY26 Q3 $38.2B
Revenue growth, TTM YoY Lithia Motors Inc
0% 5% 10% 15% 20% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Revenue growth, TTM YoY, FY23 Q4: 10.1% Revenue growth, TTM YoY, FY24 Q1: 14.6% Revenue growth, TTM YoY, FY24 Q2: 15.1% Revenue growth, TTM YoY, FY24 Q3: 14.5% Revenue growth, TTM YoY, FY24 Q4: 16.6% Revenue growth, TTM YoY, FY25 Q1: 12.8% Revenue growth, TTM YoY, FY25 Q2: 10.1% Revenue growth, TTM YoY, FY25 Q3: 8.4% Revenue growth, TTM YoY, FY25 Q4: 4.0% Revenue growth, TTM YoY, FY26 Q1: 2.5% Revenue growth, TTM YoY, FY26 Q2: 2.1% Revenue growth, TTM YoY, FY26 Q3: 1.6% 1.6%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY23 Q4 10.1%
FY24 Q1 14.6%
FY24 Q2 15.1%
FY24 Q3 14.5%
FY24 Q4 16.6%
FY25 Q1 12.8%
FY25 Q2 10.1%
FY25 Q3 8.4%
FY25 Q4 4.0%
FY26 Q1 2.5%
FY26 Q2 2.1%
FY26 Q3 1.6%
Operating margin (TTM) Lithia Motors Inc
4% 4.5% 5% 5.5% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 Operating margin (TTM), FY23 Q4: 5.5% Operating margin (TTM), FY24 Q1: 5.1% Operating margin (TTM), FY24 Q2: 4.7% Operating margin (TTM), FY24 Q3: 4.4% Operating margin (TTM), FY24 Q4: 4.3% Operating margin (TTM), FY25 Q1: 4.4% Operating margin (TTM), FY25 Q2: 4.5% Operating margin (TTM), FY25 Q3: 4.4% Operating margin (TTM), FY25 Q4: 4.2% Operating margin (TTM), FY26 Q1: 4.0% Operating margin (TTM), FY26 Q2: 4.1% Operating margin (TTM), FY26 Q3: 4.0% 4.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q4 5.5%
FY24 Q1 5.1%
FY24 Q2 4.7%
FY24 Q3 4.4%
FY24 Q4 4.3%
FY25 Q1 4.4%
FY25 Q2 4.5%
FY25 Q3 4.4%
FY25 Q4 4.2%
FY26 Q1 4.0%
FY26 Q2 4.1%
FY26 Q3 4.0%
FCF margin (TTM) Lithia Motors Inc
-3% -2% -1% 0% 1% FY23 Q4 FY24 Q3 FY25 Q2 FY26 Q3 FCF margin (TTM), FY23 Q4: -2.3% FCF margin (TTM), FY24 Q1: -1.2% FCF margin (TTM), FY24 Q2: -1.1% FCF margin (TTM), FY24 Q3: -0.8% FCF margin (TTM), FY24 Q4: 0.2% FCF margin (TTM), FY25 Q1: 0.3% FCF margin (TTM), FY25 Q2: 0.9% FCF margin (TTM), FY25 Q3: -0.1% FCF margin (TTM), FY25 Q4: 0.0% FCF margin (TTM), FY26 Q1: -1.2% FCF margin (TTM), FY26 Q2: -1.3% FCF margin (TTM), FY26 Q3: -1.1% -1.1%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q4 -2.3%
FY24 Q1 -1.2%
FY24 Q2 -1.1%
FY24 Q3 -0.8%
FY24 Q4 0.2%
FY25 Q1 0.3%
FY25 Q2 0.9%
FY25 Q3 -0.1%
FY25 Q4 0.0%
FY26 Q1 -1.2%
FY26 Q2 -1.3%
FY26 Q3 -1.1%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Lithia Motors took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $37.6B
  2. Cost of revenue $31.9B · 84.8%
  3. Gross profit $5.7B · 15.2%
  4. Selling, general and admin $3.9B · 10.5%
  5. Other operating costs $194M · 0.5%
  6. Operating income $1.6B · 4.2%
  7. Income tax $283M · 0.8%
  8. Interest and other $493M · 1.3%
  9. Net income $820M · 2.2%

Shares of revenue. Source: Lithia Motors's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2009 Dec 2009 2010 Dec 2010 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Sept 2026
Income
Revenue 1.7 2.0 2.6 3.3 4.0 5.4 7.9 8.7 10.1 11.8 12.7 13.1 22.8 28.2 31.0 36.2 37.6 38.2
Gross profit 0.3 0.4 0.4 0.5 0.6 0.8 1.2 1.3 1.5 1.8 2.0 2.2 4.3 5.2 5.2 5.6 5.7 5.8
EBITDA — — — 0.2 0.2 0.3 0.3 0.4 0.5 0.5 0.6 0.8 1.8 2.1 1.9 1.9 1.9 1.9
Operating income 0.0 0.0 0.1 0.1 0.2 0.2 0.3 0.3 0.4 0.4 0.5 0.7 1.7 1.9 1.7 1.6 1.6 1.5
Net income 0.0 0.0 0.1 0.1 0.1 0.1 0.2 0.2 0.2 0.3 0.3 0.5 1.1 1.3 1.0 0.8 0.8 0.8
Diluted EPS $0.41 $0.52 $2.21 $3.07 $4.05 $5.26 $6.91 $7.72 $9.75 $10.86 $11.60 $19.53 $36.54 $44.17 $36.29 $29.45 $32.32 $34.28
Growth (year on year)
Revenue — +17.8% +29.3% +26.0% +20.8% +34.6% +45.9% +10.3% +16.2% +17.2% +7.2% +3.6% +73.9% +23.5% +10.1% +16.6% +4.0% +1.6%
EBITDA — — — — +23.0% +26.9% +33.3% +12.6% +20.4% +11.9% +10.5% +36.0% +128.0% +18.1% −10.3% −1.7% +2.9% −4.6%
Operating income — +33.1% +138.5% +33.9% +23.7% +26.4% +30.5% +11.8% +20.9% +9.3% +10.7% +39.9% +140.0% +16.8% −12.8% −7.3% +1.7% −7.2%
Net income — — — +36.5% +31.9% +30.9% +31.9% +7.7% +24.4% +8.4% +2.2% +73.2% +125.4% +18.0% −20.0% −20.4% +2.9% −11.9%
Diluted EPS — — — +38.9% +31.9% +29.9% +31.4% +11.7% +26.3% +11.4% +6.8% +68.4% +87.1% +20.9% −17.8% −18.8% +9.7% −0.2%
Margins
Gross margin 18.9% 17.8% 16.9% 16.3% 15.8% 15.3% 14.9% 15.0% 15.0% 15.0% 15.4% 16.9% 18.7% 18.3% 16.8% 15.4% 15.2% 15.1%
EBITDA margin — — — 5.0% 5.1% 4.8% 4.4% 4.5% 4.6% 4.4% 4.6% 6.0% 7.8% 7.5% 6.1% 5.2% 5.1% 4.9%
Operating margin 2.0% 2.3% 4.2% 4.5% 4.6% 4.3% 3.8% 3.9% 4.1% 3.8% 3.9% 5.3% 7.3% 6.9% 5.5% 4.3% 4.2% 4.0%
Net margin 0.5% 0.7% 2.2% 2.4% 2.6% 2.6% 2.3% 2.3% 2.4% 2.2% 2.1% 3.6% 4.6% 4.4% 3.2% 2.2% 2.2% 2.1%
Free-cash-flow margin −0.6% −1.4% −1.2% −8.4% −0.4% −1.0% −0.0% −0.1% 0.4% 3.1% 3.2% 2.9% 6.7% −3.2% −2.3% 0.2% 0.0% −1.1%
Cash flow
Cash from operations 0.0 −0.0 −0.0 −0.2 0.0 0.0 0.1 0.1 0.1 0.5 0.5 0.5 1.8 −0.6 −0.5 0.4 0.4 −0.1
Capital spending 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.2 0.1 0.2 0.3 0.3 0.2 0.4 0.4 0.3
Free cash flow −0.0 −0.0 −0.0 −0.3 −0.0 −0.1 −0.0 −0.0 0.0 0.4 0.4 0.4 1.5 −0.9 −0.7 0.1 0.0 −0.4
Stock-based pay 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1
Free cash flow after stock pay −0.0 −0.0 −0.0 −0.3 −0.0 −0.1 −0.0 −0.0 0.0 0.3 0.4 0.4 1.5 −1.0 −0.7 0.0 −0.1 −0.5
Balance sheet
Cash 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.0 0.1 0.2 0.2 0.3 1.0 0.4 0.4 0.1
Total debt 0.0 0.3 0.6 0.9 1.0 1.8 2.0 2.4 1.1 — — 2.1 3.4 5.5 7.3 8.4 9.8 —
Net debt (negative = net cash) −0.0 0.3 0.6 0.8 0.9 1.8 1.9 2.3 1.0 −0.0 −0.1 2.0 3.3 5.3 6.3 7.9 9.4 −0.1
Diluted shares 22m 26m 27m 26m 26m 26m 26m 26m 25m 25m 23m 24m 29m 28m 28m 27m 25m 23m
Returned to shareholders
Dividends — 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1
Buybacks 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.1 0.0 0.1 0.2 0.7 0.0 0.4 1.0 0.9
Total returned 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.2 0.0 0.1 0.3 0.7 0.1 0.4 1.0 1.0

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 3 checks passed · September 30, 2026
What it owns · $26.8bn
Short-term assets $8.4bnLonger-term assets $18.4bn
What it owes, and who funded it · $26.8bn
Short-term liabilities $8.4bnLonger-term liabilities $11.8bnShareholders' equity $6.6bn
  • Short-term assets cover short-term liabilities $8.4bn of assets due within a year against $8.4bn of liabilities due within a year.
  • Short-term assets cover long-term liabilities $8.4bn short-term assets against $11.8bn of longer-dated liabilities.
  • More cash than debt Cash or debt not separately reported. Not assessable.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
  • Operating profit covers interest at least five times over Operating income of $1.5bn against $271m of interest.

From Lithia Motors Inc's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2026 Q3 TTM
Buybacks (TTM)
$923M
Dividends (TTM)
$54.3M
Returned to shareholders
-229%
of free cash flow
Buybacks, last 3 fiscal years
$1.4B
Diluted share count
−11.8%
year over year
Total shareholder yield
14.6%
dividends 0.8% + buybacks 13.7% of market value
Dividend payout ratio
7%
of net income paid out
Sales & admin spending
10.6%
of revenue
Days sales outstanding
11 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in automotive retail
Last 12 months unless stated LAD PAG KMX CVNA AN MUSA Median
Revenue, last 12 months $38.2bn $32.6bn $27.6bn $27.5bn $27.4bn $23.3bn $8.6bn
Revenue growth, last 12 months 1.6% 1.4% 4.8% 50.3% −1.8% 20.2% −0.8%
Revenue growth, 3-year average 8.0% 3.6% 0.8% 34.9% 0.7% 2.1% 2.1%
Revenue growth, latest quarter 2.8% 4.5% 19.5% 42.4% −0.4% 34.8% 1.2%
Gross margin 15.1% 16.0% 10.3% 19.0% 17.7% — 23.4%
Operating margin 4.0% 3.7% — 8.7% 4.6% 4.2% 3.7%
Operating margin, 3-year average 4.3% 4.0% — 7.9% 4.7% 3.9% 4.0%
Net margin 2.1% 2.8% 1.1% 6.2% 2.6% 2.9% 1.3%
Cash from operations / revenue −0.2% 2.5% 5.8% 4.8% 1.1% 4.9% 2.5%
Free-cash-flow margin −1.1% 1.5% 4.1% 4.1% 0.1% 2.9% 1.1%
Free-cash-flow margin, 3-year average −0.7% 2.1% 3.0% 3.8% −0.5% 2.3% 2.2%
Stock pay / revenue 0.1% 0.1% 0.4% 0.4% 0.2% 0.1% 0.3%
Change in share count −11.8% −1.1% −6.4% 16.7% −11.1% −6.6% −1.1%

Median of all 23 companies we cover in automotive retail. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

23 automotive retail companies
Measure Company Peer median Rank
Revenue growth Growth 1.6% -0.8% 10 of 23
Change in growth rate Growth -0.5pp -0.5pp 12 of 23
Gross margin Profitability 15.1% 27.7% 17 of 20
Operating margin Profitability 4.0% 3.7% 9 of 21
Net margin Profitability 2.1% 1.3% 10 of 23
Free-cash-flow margin Cash generation -1.1% 1.1% 18 of 23
Stock pay as % of revenue Cash generation 0.1% 0.3% 3 of 22
Long-term debt as % of assets Balance sheet 38.6% 28.4% 14 of 19
Change in share count Balance sheet -11.8% -1.1% 1 of 19
Days sales outstanding Balance sheet 11 days 9 days 9 of 14

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Products and services
Line of business Revenue Share YoY
New Vehicle $18.7B 49.7% ▲ 2.1%
Used Vehicle $13.4B 35.5% ▲ 5.9%
Aftersales $4.1B 10.9% ▲ 7.0%
Finance and Insurance $1.5B 3.9% ▲ 3.9%
Geography
Region Revenue Share YoY
United States $29.6B 78.5% ▲ 4.6%
United Kingdom $6.9B 18.4% ▲ 1.9%
Canada $1.2B 3.1% ▲ 1.2%

From Lithia Motors Inc's 10-K filed February 25, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$7.1B
Institutions reporting
442
Shares held vs prior quarter
▲ 0.4%
Positions opened / closed
70 / 63

Top buyers and sellers, Q2 2026: 213 institutions bought and 223 sold ; the biggest buyer was FMR LLC (+423K shares) and the biggest seller Conifer Management, L.L.C (−212K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Abrams Capital Management, L.P. $723M 2.5M 10.1% 0.0%
Blackrock, Inc. $696M 2.4M 9.7% ▼ 4.5%
FMR LLC $637M 2.2M 8.9% ▲ 23.9%
Harris Associates L P $556M 1.9M 7.8% ▼ 2.1%
Dimensional Fund Advisors LP $410M 1.4M 5.7% ▲ 1.4%
Vanguard Portfolio Management LLC $324M 1.1M 4.5% ▼ 3.4%
Vanguard Capital Management LLC $300M 1.0M 4.2% ▼ 2.6%
State Street Corp $225M 774K 3.1% ▼ 1.8%
River Road Asset Management, LLC $198M 683K 2.8% ▲ 4.6%
Lyrical Asset Management LP $145M 498K 2.0% ▲ 8.1%
Hotchkis & Wiley Capital Management LLC $142M 490K 2.0% ▼ 2.6%
American Century Companies Inc $132M 453K 1.8% ▲ 154.6%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Lithia Motors Inc's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $423,348 8 trades by 4 insiders · 23% under pre-set plans
Net ▼ $423,348 net selling
Insider Date Trade Shares Price Value
Loretz Congdon Stacy Director September 11, 2026 Sell pre-set plan 75 $370.73 $27,805
Stork David Chief Administrative Officer September 8, 2026 Sell 320 $373.49 $119,517
Loretz Congdon Stacy Director June 12, 2026 Sell pre-set plan 75 $315.00 $23,625
Mcintyre Shauna Director June 10, 2026 Sell 165 $305.65 $50,432
Bailey Richard J Jr Director May 26, 2026 Sell 297 $280.58 $83,332
Mcintyre Shauna Director May 11, 2026 Sell 245 $294.64 $72,187
Loretz Congdon Stacy Director March 12, 2026 Sell pre-set plan 75 $259.33 $19,450
Loretz Congdon Stacy Director December 12, 2025 Sell pre-set plan 75 $360.00 $27,000

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 9 trades and filings

No trades in Lithia Motors Inc disclosed in the last 12 months; 9 earlier trades on record.

  • Lisa C. McClain(R-MI 9):Sale (full), $1,001 - $15,000, traded August 4, 2025, filed September 12, 2025
  • Lisa C. McClain(R-MI 9):Purchase, $1,001 - $15,000, traded July 22, 2025, filed August 13, 2025
  • Josh Gottheimer(D-NJ 5):Sale (full), $1,001 - $15,000, traded January 24, 2024, filed February 15, 2024

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around January 18, 2027 estimated from the company's past filing pattern, not announced

  • October 21, 2026
  • July 29, 2026
  • April 29, 2026
  • February 11, 2026
  • October 22, 2025
  • July 29, 2025

Recent SEC filings

Data status

When each part of this page on Lithia Motors Inc was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Lithia Motors Inc in brief

What does Lithia Motors Inc do?
Lithia Motors Inc is a US-listed company in the automotive retail industry. Its financial year ends in December.
What is Lithia Motors Inc's stock ticker?
Lithia Motors Inc trades under the ticker LAD on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Lithia Motors Inc's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Lithia Motors Inc reported revenue of $38.2B, 1.6% higher than a year earlier, according to its SEC filings.
What is Lithia Motors Inc's free cash flow?
Lithia Motors Inc's free-cash-flow margin is -1.1% of revenue over the trailing twelve months, ranking 18 of the 23 automotive retail companies we cover.
Who are Lithia Motors Inc's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Abrams Capital Management, L.P., Blackrock, Inc. and FMR LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Lithia Motors Inc buying back stock, and does it pay a dividend?
Lithia Motors Inc spent $923M on share repurchases over the trailing twelve months, and its diluted share count fell 11.8% over the year.
What is Lithia Motors Inc's market cap?
On November 2, 2026, Lithia Motors Inc's market capitalisation was about $7.1B, with a price-to-earnings ratio of 9.0 and net debt of -$108M. Market figures come from third-party market data and may be delayed.
Does Lithia Motors Inc pay a dividend?
Yes: Lithia Motors Inc paid $54.3M in dividends over the trailing twelve months, a dividend yield of 0.81% and a payout ratio of 6.9%.
Who are Lithia Motors Inc's competitors?
In our Automotive Retail peer group, the companies closest to Lithia Motors Inc are Penske Automotive Group, Inc., Carmax Inc, Carvana, Autonation, Inc. and Murphy USA Inc. The side-by-side comparison below sets their revenue, margins and growth against Lithia Motors Inc's.
Are insiders buying or selling Lithia Motors Inc stock?
Over the last 12 months, Lithia Motors Inc's directors and officers reported 0 open-market purchases and 8 sales on Form 4. The insider trading page charts every trade.
When is Lithia Motors Inc's next earnings date?
Around January 18, 2027, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Lithia Motors Inc announces its own schedule.