Lithia Motors (LAD) Financials

$290.90 -0.08 (-0.03%)

Closing price 03:59 PM Eastern

Extended Trading

$290.67 -0.23 (-0.08%)

As of 04:29 PM Eastern

Annual Income Statements for Lithia Motors

This table shows Lithia Motors' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	183	197	245	266	272	470	1,060	1,251	1,001	802
Consolidated Net Income / (Loss)	183	197	245	266	272	470	1,063	1,262	1,012	822
Net Income / (Loss) Continuing Operations	183	197	245	266	272	470	1,063	1,262	1,012	822
Total Pre-Tax Income	263	284	347	338	375	649	1,485	1,730	1,362	1,078
Total Operating Income	303	338	409	447	495	693	1,663	1,941	1,692	1,576
Total Gross Profit	1,176	1,301	1,516	1,777	1,954	2,224	4,259	5,152	5,229	5,561
Total Revenue	7,864	8,678	10,087	11,821	12,673	13,127	22,832	28,188	31,042	36,188
Operating Revenue	7,864	8,678	10,087	11,821	12,673	13,127	22,832	28,188	31,042	36,188
Total Cost of Revenue	6,689	7,377	8,570	10,044	10,719	10,902	18,573	23,035	25,813	30,627
Operating Cost of Revenue	6,689	7,377	8,570	10,044	10,719	10,902	18,573	23,035	25,813	30,627
Total Operating Expenses	873	963	1,107	1,330	1,459	1,532	2,597	3,211	3,537	3,985
Selling, General & Admin Expense	811	900	1,049	1,253	1,374	1,438	2,481	3,044	3,295	3,755
Depreciation Expense	42	49	58	75	82	92	125	163	196	246
Other Operating Expenses / (Income)	-	-	-	-	-	-6.50	-11	4.00	46	-15
Total Other Income / (Expense), net	-40	-55	-62	-110	-120	-44	-178	-211	-330	-497
Interest Expense	39	49	74	118	133	106	126	168	352	537
Other Income / (Expense), net	-1.01	-6.10	12	8.80	14	62	-52	-43	22	39
Income Tax Expense	80	86	102	72	104	178	422	468	351	257
Net Income / (Loss) Attributable to Noncontrolling Interest	-	-	-	-	0.00	0.00	2.60	11	11	20
Basic Earnings per Share	$6.96	$7.76	$9.78	$10.91	$11.70	$19.74	$36.81	$44.38	$36.36	$29.71
Weighted Average Basic Shares Outstanding	26.29M	25.40M	25.10M	24.40M	23.20M	23.80M	28.80M	28.20M	27.50M	27M
Diluted Earnings per Share	$6.91	$7.72	$9.75	$10.86	$11.60	$19.53	$36.54	$44.17	$36.29	$29.65
Weighted Average Diluted Shares Outstanding	26.49M	25.50M	25.10M	24.50M	23.40M	24.10M	29M	28.30M	27.60M	27.10M
Weighted Average Basic & Diluted Shares Outstanding	26.30M	25.40M	25.10M	24.40M	23.20M	26.63M	29.49M	27.34M	27.53M	26.29M
Cash Dividends to Common per Share	$0.76	$0.95	$1.06	$1.14	$1.19	$1.22	$1.36	$1.61	$1.92	$2.09

This table shows Lithia Motors' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	330	248	229	297	262	213	163	214	209	216
Consolidated Net Income / (Loss)	330	250	230	301	265	216	165	217	223	217
Net Income / (Loss) Continuing Operations	330	250	230	301	265	216	165	217	223	217
Total Pre-Tax Income	456	336	314	407	361	280	221	283	288	287
Total Operating Income	515	400	379	476	465	372	341	394	424	416
Total Gross Profit	1,314	1,209	1,212	1,385	1,371	1,261	1,335	1,424	1,430	1,372
Total Revenue	7,296	6,947	6,974	8,112	8,277	7,680	8,562	9,232	9,221	9,174
Operating Revenue	7,296	6,947	6,974	8,112	8,277	7,680	8,562	9,232	9,221	9,174
Total Cost of Revenue	5,982	5,737	5,762	6,726	6,906	6,419	7,227	7,808	7,791	7,802
Operating Cost of Revenue	5,982	5,737	5,762	6,726	6,906	6,419	7,227	7,808	7,791	7,802
Total Operating Expenses	799	809	833	909	906	889	994	1,030	1,006	955
Selling, General & Admin Expense	754	753	764	842	851	837	934	975	944	902
Depreciation Expense	41	48	47	48	51	49	58	62	64	62
Other Operating Expenses / (Income)	4.60	7.70	21	19	4.40	2.00	1.70	-7.20	-0.90	-9.00
Total Other Income / (Expense), net	-59	-64	-65	-69	-104	-93	-121	-111	-136	-130
Interest Expense	47	58	67	79	99	108	124	138	141	133
Other Income / (Expense), net	-12	-6.40	2.00	9.80	-5.30	16	3.50	27	5.10	3.70
Income Tax Expense	125	86	85	106	96	64	56	66	65	70
Net Income / (Loss) Attributable to Noncontrolling Interest	0.70	2.20	0.90	3.90	3.40	2.70	2.40	2.40	14	1.00
Basic Earnings per Share	$11.97	$9.15	$8.32	$10.79	$9.49	$7.76	$5.90	$7.88	$7.82	$8.11
Weighted Average Basic Shares Outstanding	27.50M	28.20M	27.50M	27.50M	27.60M	27.50M	27.50M	27.20M	26.70M	27M
Diluted Earnings per Share	$11.92	$9.10	$8.30	$10.78	$9.46	$7.75	$5.89	$7.87	$7.80	$8.09
Weighted Average Diluted Shares Outstanding	27.60M	28.30M	27.50M	27.60M	27.60M	27.60M	27.60M	27.20M	26.80M	27.10M
Weighted Average Basic & Diluted Shares Outstanding	27.34M	27.34M	27.53M	27.56M	27.52M	27.53M	27.41M	26.74M	26.64M	26.29M
Cash Dividends to Common per Share	$0.42	$0.42	$0.42	$0.50	$0.50	$0.50	$0.50	$0.53	$0.53	$0.53

This table details how cash moves in and out of Lithia Motors' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	15	5.30	7.00	-26	52	79	16	93	701	-526
Net Cash From Operating Activities	80	91	149	520	525	545	1,797	-610	-472	425
Net Cash From Continuing Operating Activities	80	91	149	520	525	545	1,797	-610	-472	425
Net Income / (Loss) Continuing Operations	183	197	245	266	272	470	1,063	1,262	1,012	822
Consolidated Net Income / (Loss)	183	197	245	266	272	470	1,063	1,262	1,012	822
Depreciation Expense	42	49	58	75	82	92	127	173	204	295
Amortization Expense	-	-	-	0.00	32	29	39	55	61	95
Non-Cash Adjustments To Reconcile Net Income	26	20	5.80	-0.30	9.00	-31	111	14	5.80	8.90
Changes in Operating Assets and Liabilities, net	-171	-175	-160	179	130	-16	457	-2,114	-1,755	-795
Net Cash From Investing Activities	-170	-352	-538	-557	-463	-1,606	-2,890	-1,330	-1,270	-1,854
Net Cash From Continuing Investing Activities	-170	-352	-538	-557	-463	-1,606	-2,890	-1,330	-1,270	-1,854
Purchase of Property, Plant & Equipment	-83	-101	-105	-158	-125	-168	-260	-303	-230	-351
Acquisitions	-72	-235	-460	-374	-367	-1,503	-2,699	-1,244	-1,185	-1,249
Purchase of Investments	-28	-30	-8.60	-63	-7.20	-11	-10	-12	-11	-355
Sale of Property, Plant & Equipment	0.27	2.20	15	3.10	1.50	6.50	3.30	17	13	15
Divestitures	13	12	21	34	47	58	76	212	143	86
Other Investing Activities, net	-	-	-	0.00	-13	-13	0.00	0.00	0.00	0.00
Net Cash From Financing Activities	105	266	396	12	-9.10	1,140	1,107	2,036	2,410	908
Net Cash From Continuing Financing Activities	105	266	396	12	-9.10	1,140	1,107	2,036	2,410	908
Repayment of Debt	-1,323	-1,168	-1,943	-2,553	-3,522	-1,982	-3,751	-9,832	-13,074	-14,114
Repurchase of Common Equity	-32	-113	-34	-149	-3.20	-51	-231	-688	-49	-366
Payment of Dividends	-20	-24	-27	-28	-28	-29	-39	-45	-53	-57
Issuance of Debt	1,337	1,311	2,150	2,754	3,587	2,432	3,992	12,572	15,570	15,429
Issuance of Common Equity	6.07	6.90	7.50	10	11	790	1,136	36	30	27
Other Financing Activities, net	136	253	242	-23	-55	-21	-1.40	-7.20	-14	-12
Effect of Exchange Rate Changes	-	-	-	-	0.00	0.00	2.50	-3.00	33	-4.50
Cash Interest Paid	41	50	69	117	136	108	130	210	514	740
Cash Income Taxes Paid	87	57	127	33	38	135	369	449	222	243

This table details how cash moves in and out of Lithia Motors' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	124	31	53	-96	58	685	-532	275	-317	47
Net Cash From Operating Activities	-254	-93	-49	-250	122	-295	292	-148	219	62
Net Cash From Continuing Operating Activities	-254	-93	-49	-250	122	-295	292	-148	219	62
Net Income / (Loss) Continuing Operations	331	250	230	301	265	216	165	217	223	217
Consolidated Net Income / (Loss)	331	250	230	301	265	216	165	217	223	217
Depreciation Expense	42	51	50	50	55	49	76	90	54	76
Amortization Expense	18	18	16	16	17	11	22	24	24	24
Non-Cash Adjustments To Reconcile Net Income	-28	-0.10	2.50	7.90	-11	6.80	14	-14	21	-11
Changes in Operating Assets and Liabilities, net	-617	-411	-346	-625	-204	-579	15	-464	-103	-244
Net Cash From Investing Activities	-235	-313	-414	-586	-240	-30	-1,266	-249	-306	-34
Net Cash From Continuing Investing Activities	-235	-313	-414	-586	-240	-30	-1,266	-249	-306	-34
Purchase of Property, Plant & Equipment	-73	-93	-39	-58	-67	-67	-80	-130	-62	-80
Acquisitions	-257	-281	-387	-591	-226	20	-1,074	-95	-78	-1.50
Purchase of Investments	-	-2.50	-11	-	-	-	-122	-25	-182	-26
Sale of Property, Plant & Equipment	-0.10	0.20	0.80	-	2.30	10	3.70	0.30	1.30	9.20
Divestitures	95	64	23	63	50	6.80	6.40	0.50	15	64
Net Cash From Financing Activities	615	436	510	739	179	983	445	673	-237	27
Net Cash From Continuing Financing Activities	615	436	510	739	179	983	445	673	-237	27
Repayment of Debt	-2,986	-2,143	-3,597	-3,435	-2,653	-3,389	-3,823	-2,961	-3,373	-3,957
Repurchase of Common Equity	-21	-44	-14	-0.10	-	-34	-15	-202	-56	-93
Payment of Dividends	-12	-11	-12	-14	-14	-14	-14	-14	-14	-14
Issuance of Debt	3,628	2,626	4,141	4,179	2,837	4,413	4,303	3,842	3,199	4,085
Issuance of Common Equity	9.40	8.00	6.10	8.80	8.10	6.70	5.70	8.10	7.40	6.10
Other Financing Activities, net	-3.50	-	-14	-	-	-	-12	0.10	-0.10	0.30
Effect of Exchange Rate Changes	-2.90	0.30	6.20	1.90	-2.40	28	-3.00	-0.10	7.00	-8.40
Cash Interest Paid	50	88	96	125	139	155	166	191	189	193
Cash Income Taxes Paid	121	69	5.20	113	86	19	6.00	108	36	93

This table presents Lithia Motors' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	3,225	3,844	4,683	5,384	6,084	7,902	11,147	15,007	19,633	23,128
Total Current Assets	1,878	2,287	2,783	2,991	3,071	3,340	3,310	4,631	6,938	7,772
Cash & Equivalents	45	50	57	32	84	163	-	-	941	402
Accounts Receivable	308	418	522	529	505	614	686	813	1,106	1,237
Inventories, net	1,471	1,773	2,133	2,365	2,434	2,493	2,386	3,409	4,754	5,912
Other Current Assets	54	47	71	65	48	71	64	162	137	221
Plant, Property, & Equipment, net	877	1,006	1,185	1,448	0.00	2,198	3,053	3,575	3,981	4,630
Total Noncurrent Assets	470	551	715	945	3,013	2,365	4,785	6,801	8,714	10,726
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	803	2,188	3,260	3,875
Goodwill	213	259	256	435	455	593	977	1,461	1,931	2,116
Intangible Assets	158	184	187	289	307	350	799	1,856	2,402	2,550
Other Noncurrent Operating Assets	99	107	272	221	2,252	1,422	2,205	1,297	1,121	2,185
Total Liabilities & Shareholders' Equity	3,225	3,844	4,683	5,384	6,084	7,902	11,147	15,007	19,633	23,128
Total Liabilities	2,397	2,933	3,600	4,187	4,616	5,241	6,484	9,756	13,350	16,449
Total Current Liabilities	1,590	1,922	2,301	2,494	2,569	2,480	2,403	3,178	4,932	6,551
Short-Term Debt	1,352	1,622	1,938	2,084	2,107	1,863	1,414	2,137	3,745	5,095
Accounts Payable	71	88	111	126	125	158	235	258	288	334
Accrued Expenses	167	211	252	284	337	458	754	783	899	1,122
Total Noncurrent Liabilities	807	1,011	1,299	1,693	2,047	2,761	4,081	6,577	8,417	9,897
Long-Term Debt	605	770	1,029	1,358	1,431	2,065	3,186	5,511	7,155	8,171
Noncurrent Deferred Revenue	67	82	103	122	138	156	191	227	264	414
Noncurrent Deferred & Payable Income Tax Liabilities	53	59	56	91	131	146	191	286	349	397
Other Noncurrent Operating Liabilities	82	100	111	122	348	394	513	554	649	916
Redeemable Noncontrolling Interest	-	-	-	-	-	0.00	34	41	44	0.00
Total Equity & Noncontrolling Interests	828	911	1,083	1,197	1,468	2,662	4,629	5,210	6,239	6,679
Total Preferred & Common Equity	828	911	1,083	1,197	1,468	2,662	4,626	5,206	6,214	6,656
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	828	911	1,083	1,197	1,468	2,662	4,626	5,206	6,214	6,656
Common Stock	298	207	161	35	67	830	1,770	1,159	1,181	900
Retained Earnings	531	704	923	1,162	1,402	1,838	2,860	4,065	5,013	5,759
Accumulated Other Comprehensive Income / (Loss)	-0.28	-	-	0.00	-0.70	-6.30	-3.00	-18	20	-3.60
Noncontrolling Interest	-	-	-	-	-	0.00	2.80	4.20	25	24

This table presents Lithia Motors' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	14,075	16,421	17,683	18,270	22,180	23,205	23,262
Total Current Assets	4,682	5,148	5,494	5,818	7,733	8,355	7,893
Cash & Equivalents	233	-	-	-	405	675	360
Accounts Receivable	1,005	843	885	999	1,249	1,243	1,209
Inventories, net	3,309	3,856	4,279	4,405	5,862	6,243	6,100
Other Current Assets	135	150	131	158	217	195	224
Plant, Property, & Equipment, net	3,473	3,720	3,908	3,948	4,502	4,615	4,664
Total Noncurrent Assets	5,919	7,554	8,281	8,504	9,945	10,235	10,704
Noncurrent Note & Lease Receivables	-	2,585	2,882	3,102	3,413	3,624	3,766
Goodwill	1,463	1,516	1,610	1,726	2,082	2,118	2,126
Intangible Assets	1,867	1,929	2,016	2,148	2,538	2,568	2,575
Other Noncurrent Operating Assets	2,589	1,524	1,772	1,529	1,913	1,925	2,237
Total Liabilities & Shareholders' Equity	14,075	16,421	17,683	18,270	22,180	23,205	23,262
Total Liabilities	9,046	10,940	11,880	12,203	15,758	16,767	16,633
Total Current Liabilities	2,827	3,948	4,048	4,375	6,592	7,020	6,664
Short-Term Debt	1,776	2,746	2,892	3,196	5,087	5,442	5,243
Accounts Payable	241	320	298	307	328	380	301
Accrued Expenses	809	882	858	872	1,177	1,198	1,120
Total Noncurrent Liabilities	6,220	6,992	7,832	7,828	9,167	9,747	9,969
Long-Term Debt	5,222	5,845	6,613	6,589	7,466	8,034	8,173
Noncurrent Deferred Revenue	220	234	241	248	389	389	401
Noncurrent Deferred & Payable Income Tax Liabilities	255	291	308	324	379	410	456
Other Noncurrent Operating Liabilities	523	622	670	667	933	914	940
Redeemable Noncontrolling Interest	41	41	43	44	45	46	0.00
Total Equity & Noncontrolling Interests	4,988	5,441	5,760	6,023	6,377	6,392	6,628
Total Preferred & Common Equity	4,984	5,437	5,756	5,996	6,351	6,368	6,605
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,984	5,437	5,756	5,996	6,351	6,368	6,605
Common Stock	1,176	1,160	1,179	1,198	1,186	1,004	973
Retained Earnings	3,829	4,283	4,566	4,814	5,162	5,362	5,557
Accumulated Other Comprehensive Income / (Loss)	-22	-4.90	11	-15	3.70	2.60	75
Noncontrolling Interest	4.00	3.60	4.10	26	25	25	24

This table displays calculated financial ratios and metrics derived from Lithia Motors' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	45.90%	10.35%	16.23%	17.20%	7.20%	3.58%	73.94%	23.46%	10.13%	16.58%
EBITDA Growth	31.31%	11.15%	25.50%	10.92%	17.24%	40.62%	102.88%	19.65%	-6.91%	1.30%
EBIT Growth	28.34%	10.13%	26.75%	8.21%	11.63%	48.29%	113.45%	17.85%	-9.67%	-5.80%
NOPAT Growth	41.23%	11.56%	22.81%	21.80%	1.73%	40.32%	136.86%	18.97%	-11.21%	-4.48%
Net Income Growth	31.92%	7.71%	24.40%	8.36%	2.18%	73.22%	125.96%	18.72%	-19.81%	-18.79%
EPS Growth	31.37%	11.72%	26.30%	11.38%	6.81%	68.36%	87.10%	20.88%	-17.84%	-18.30%
Operating Cash Flow Growth	156.89%	14.27%	63.81%	249.03%	0.92%	3.83%	230.00%	-133.95%	22.57%	189.99%
Free Cash Flow Firm Growth	91.62%	-294.91%	-62.49%	41.61%	116.80%	-2,370.11%	-46.62%	-46.05%	-8.59%	9.98%
Invested Capital Growth	11.43%	18.71%	22.73%	15.40%	6.81%	30.60%	41.40%	39.22%	28.38%	20.32%
Revenue Q/Q Growth	2.61%	3.57%	4.25%	2.34%	2.39%	42.82%	-3.77%	2.31%	2.42%	4.31%
EBITDA Q/Q Growth	3.76%	1.44%	8.37%	0.13%	8.75%	27.56%	12.07%	-2.14%	-0.70%	3.68%
EBIT Q/Q Growth	3.55%	1.08%	8.73%	-0.72%	3.48%	26.21%	12.33%	-3.41%	-0.36%	2.04%
NOPAT Q/Q Growth	3.48%	3.55%	18.83%	-7.64%	1.73%	19.10%	16.70%	-2.82%	-0.88%	2.34%
Net Income Q/Q Growth	3.74%	1.88%	18.35%	-10.02%	3.11%	-7.69%	33.02%	-3.26%	-3.25%	0.12%
EPS Q/Q Growth	3.75%	2.80%	18.61%	-8.74%	3.57%	29.17%	7.50%	-1.71%	-3.59%	1.16%
Operating Cash Flow Q/Q Growth	58.51%	-45.53%	-5.28%	94.23%	-11.70%	-37.52%	2.94%	15.52%	-75.09%	524.23%
Free Cash Flow Firm Q/Q Growth	91.07%	-42.59%	-0.13%	25.85%	-71.34%	-3,715.92%	31.11%	-3.01%	7.90%	27.97%
Invested Capital Q/Q Growth	5.40%	7.66%	7.48%	3.53%	5.87%	26.11%	10.14%	7.28%	4.15%	-0.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	14.95%	15.00%	15.03%	15.03%	15.42%	16.95%	18.65%	18.28%	16.84%	15.37%
EBITDA Margin	4.37%	4.40%	4.75%	4.49%	4.91%	6.67%	7.78%	7.54%	6.38%	5.54%
Operating Margin	3.85%	3.90%	4.05%	3.78%	3.91%	5.28%	7.28%	6.89%	5.45%	4.35%
EBIT Margin	3.84%	3.83%	4.18%	3.86%	4.01%	5.75%	7.05%	6.73%	5.52%	4.46%
Profit (Net Income) Margin	2.33%	2.27%	2.43%	2.25%	2.14%	3.58%	4.65%	4.48%	3.26%	2.27%
Tax Burden Percent	69.66%	69.52%	70.64%	78.73%	72.32%	72.52%	71.57%	72.92%	74.26%	76.19%
Interest Burden Percent	87.07%	85.31%	82.41%	74.05%	73.78%	85.95%	92.20%	91.15%	79.46%	66.77%
Effective Tax Rate	30.34%	30.48%	29.36%	21.27%	27.68%	27.48%	28.43%	27.08%	25.74%	23.81%
Return on Invested Capital (ROIC)	8.11%	7.85%	7.98%	8.18%	7.51%	8.85%	15.34%	13.02%	8.70%	6.71%
ROIC Less NNEP Spread (ROIC-NNEP)	6.60%	6.06%	6.31%	5.46%	4.99%	7.97%	12.23%	10.42%	5.88%	3.39%
Return on Net Nonoperating Assets (RNNOA)	16.27%	14.82%	16.62%	15.12%	12.86%	13.93%	13.68%	12.43%	8.84%	5.97%
Return on Equity (ROE)	24.38%	22.67%	24.59%	23.30%	20.38%	22.78%	29.02%	25.45%	17.54%	12.68%
Cash Return on Invested Capital (CROIC)	-2.70%	-9.25%	-12.44%	-6.12%	0.93%	-17.68%	-18.96%	-19.77%	-16.15%	-11.74%
Operating Return on Assets (OROA)	9.88%	9.40%	9.88%	9.06%	8.87%	10.79%	16.91%	14.51%	9.90%	7.55%
Return on Assets (ROA)	5.99%	5.58%	5.75%	5.28%	4.74%	6.73%	11.16%	9.65%	5.84%	3.84%
Return on Common Equity (ROCE)	24.38%	22.67%	24.59%	23.30%	20.38%	22.78%	28.87%	25.24%	17.37%	12.59%
Return on Equity Simple (ROE_SIMPLE)	22.10%	21.64%	22.64%	22.19%	18.50%	17.67%	22.97%	24.23%	16.28%	12.34%
Net Operating Profit after Tax (NOPAT)	211	235	289	352	358	502	1,190	1,416	1,257	1,201
NOPAT Margin	2.68%	2.71%	2.86%	2.98%	2.83%	3.83%	5.21%	5.02%	4.05%	3.32%
Net Nonoperating Expense Percent (NNEP)	1.51%	1.79%	1.67%	2.73%	2.52%	0.89%	3.11%	2.60%	2.82%	3.32%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	11.01%	7.33%	6.02%
Cost of Revenue to Revenue	85.05%	85.01%	84.97%	84.97%	84.58%	83.05%	81.35%	81.72%	83.16%	84.63%
SG&A Expenses to Revenue	10.31%	10.37%	10.40%	10.60%	10.84%	10.95%	10.87%	10.80%	10.61%	10.38%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.10%	11.10%	10.98%	11.25%	11.51%	11.67%	11.37%	11.39%	11.39%	11.01%
Earnings before Interest and Taxes (EBIT)	302	332	421	456	509	755	1,611	1,898	1,714	1,615
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	343	382	479	531	623	876	1,777	2,126	1,979	2,005
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.13	2.50	2.48	1.43	2.25	2.84	1.90	1.06	1.45	1.43
Price to Tangible Book Value (P/TBV)	5.67	4.88	4.19	3.63	4.68	4.41	3.09	2.92	4.78	4.79
Price to Revenue (P/Rev)	0.33	0.26	0.27	0.15	0.26	0.58	0.39	0.20	0.29	0.26
Price to Earnings (P/E)	14.16	11.57	10.93	6.46	12.18	16.10	8.30	4.41	8.99	11.87
Dividend Yield	0.93%	1.05%	0.99%	1.56%	0.84%	0.43%	0.47%	1.01%	0.59%	0.58%
Earnings Yield	7.06%	8.64%	9.15%	15.48%	8.21%	6.21%	12.04%	22.68%	11.12%	8.42%
Enterprise Value to Invested Capital (EV/IC)	1.64	1.42	1.40	1.11	1.37	1.76	1.46	1.02	1.17	1.15
Enterprise Value to Revenue (EV/Rev)	0.57	0.53	0.55	0.43	0.53	0.86	0.58	0.46	0.61	0.62
Enterprise Value to EBITDA (EV/EBITDA)	13.12	12.12	11.67	9.65	10.85	12.94	7.47	6.10	9.61	11.18
Enterprise Value to EBIT (EV/EBIT)	14.93	13.91	13.27	11.25	13.28	15.03	8.24	6.83	11.10	13.88
Enterprise Value to NOPAT (EV/NOPAT)	21.36	19.65	19.35	14.57	18.88	22.57	11.15	9.16	15.14	18.67
Enterprise Value to Operating Cash Flow (EV/OCF)	56.61	50.86	37.54	9.87	12.89	20.82	7.38	0.00	0.00	52.71
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	152.93	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.36	2.63	2.74	2.87	2.41	1.48	0.99	1.46	1.73	1.99
Long-Term Debt to Equity	0.73	0.85	0.95	1.13	0.97	0.78	0.68	1.05	1.14	1.22
Financial Leverage	2.46	2.45	2.63	2.77	2.58	1.75	1.12	1.19	1.51	1.76
Leverage Ratio	4.07	4.07	4.28	4.41	4.30	3.39	2.60	2.64	3.00	3.30
Compound Leverage Factor	3.54	3.47	3.52	3.27	3.18	2.91	2.40	2.40	2.39	2.20
Debt to Total Capital	70.27%	72.43%	73.25%	74.19%	70.68%	59.61%	49.66%	59.29%	63.44%	66.51%
Short-Term Debt to Total Capital	48.56%	49.12%	47.86%	44.91%	42.09%	28.28%	15.26%	16.57%	21.79%	25.55%
Long-Term Debt to Total Capital	21.71%	23.31%	25.40%	29.28%	28.58%	31.33%	34.39%	42.72%	41.64%	40.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.40%	0.35%	0.40%	0.12%
Common Equity to Total Capital	29.73%	27.57%	26.75%	25.81%	29.32%	40.39%	49.95%	40.36%	36.16%	33.37%
Debt to EBITDA	5.70	6.27	6.19	6.48	5.68	4.48	2.59	3.60	5.51	6.62
Net Debt to EBITDA	5.57	6.14	6.07	6.42	5.55	4.30	2.49	3.48	5.03	6.42
Long-Term Debt to EBITDA	1.76	2.02	2.15	2.56	2.30	2.36	1.79	2.59	3.62	4.08
Debt to NOPAT	9.28	10.17	10.27	9.78	9.88	7.82	3.87	5.40	8.67	11.05
Net Debt to NOPAT	9.07	9.96	10.07	9.69	9.65	7.50	3.72	5.23	7.92	10.72
Long-Term Debt to NOPAT	2.87	3.27	3.56	3.86	4.00	4.11	2.68	3.89	5.69	6.81
Altman Z-Score	3.73	3.38	3.30	3.13	3.21	3.30	3.80	3.13	2.75	2.55
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.50%	0.82%	0.99%	0.72%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.18	1.19	1.21	1.20	1.20	1.35	1.38	1.46	1.41	1.19
Quick Ratio	0.22	0.24	0.25	0.23	0.23	0.31	0.29	0.26	0.42	0.25
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-70	-277	-451	-263	44	-1,003	-1,471	-2,149	-2,333	-2,100
Operating Cash Flow to CapEx	95.87%	92.19%	165.26%	335.51%	425.04%	337.63%	699.03%	-212.95%	-217.70%	126.18%
Free Cash Flow to Firm to Interest Expense	-1.80	-5.68	-6.08	-2.22	0.33	-9.47	-11.70	-12.80	-6.63	-3.91
Operating Cash Flow to Interest Expense	2.04	1.86	2.01	4.39	3.93	5.14	14.30	-3.63	-1.34	0.79
Operating Cash Flow Less CapEx to Interest Expense	-0.09	-0.16	0.79	3.08	3.01	3.62	12.25	-5.34	-1.96	0.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.58	2.46	2.37	2.35	2.21	1.88	2.40	2.16	1.79	1.69
Accounts Receivable Turnover	26.05	23.90	21.47	22.49	24.50	23.46	35.14	37.62	32.36	30.90
Inventory Turnover	4.92	4.55	4.39	4.47	4.47	4.43	7.61	7.95	6.32	5.74
Fixed Asset Turnover	9.29	9.22	9.21	8.98	0.00	0.00	8.70	8.51	8.22	8.40
Accounts Payable Turnover	94.39	92.62	85.78	84.51	85.21	76.91	94.37	93.30	94.49	98.53
Days Sales Outstanding (DSO)	14.01	15.27	17.00	16.23	14.90	15.56	10.39	9.70	11.28	11.81
Days Inventory Outstanding (DIO)	74.23	80.24	83.16	81.73	81.71	82.47	47.94	45.91	57.71	63.55
Days Payable Outstanding (DPO)	3.87	3.94	4.26	4.32	4.28	4.75	3.87	3.91	3.86	3.70
Cash Conversion Cycle (CCC)	84.38	91.57	95.91	93.64	92.32	93.28	54.46	51.70	65.13	71.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,740	3,253	3,992	4,607	4,921	6,427	9,088	12,652	16,242	19,543
Invested Capital Turnover	3.03	2.90	2.78	2.75	2.66	2.31	2.94	2.59	2.15	2.02
Increase / (Decrease) in Invested Capital	281	513	740	615	314	1,506	2,661	3,564	3,590	3,301
Enterprise Value (EV)	4,504	4,623	5,590	5,127	6,759	11,337	13,264	12,962	19,026	22,408
Market Capitalization	2,591	2,281	2,681	1,717	3,306	7,572	8,803	5,517	8,998	9,521
Book Value per Share	$31.54	$36.18	$43.40	$50.97	$63.14	$100.34	$152.79	$190.44	$225.80	$249.86
Tangible Book Value per Share	$17.41	$18.56	$25.64	$20.16	$30.39	$64.78	$94.12	$69.11	$68.36	$74.70
Total Capital	2,785	3,303	4,050	4,639	5,005	6,589	9,263	12,899	17,183	19,945
Total Debt	1,957	2,392	2,967	3,442	3,538	3,928	4,600	7,648	10,901	13,266
Total Long-Term Debt	605	770	1,029	1,358	1,431	2,065	3,186	5,511	7,155	8,171
Net Debt	1,912	2,342	2,909	3,410	3,454	3,765	4,425	7,401	9,959	12,864
Capital Expenditures (CapEx)	83	99	90	155	123	161	257	287	217	337
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,595	1,937	2,363	2,550	2,524	2,561	2,146	3,343	4,809	5,914
Debt-free Net Working Capital (DFNWC)	1,641	1,988	2,420	2,582	2,608	2,723	2,321	3,590	5,751	6,316
Net Working Capital (NWC)	288	365	482	498	501	860	907	1,453	2,005	1,221
Net Nonoperating Expense (NNE)	28	38	44	86	86	32	127	154	245	379
Net Nonoperating Obligations (NNO)	1,912	2,342	2,909	3,410	3,454	3,765	4,425	7,401	9,959	12,864
Total Depreciation and Amortization (D&A)	42	49	58	75	114	121	166	228	265	390
Debt-free, Cash-free Net Working Capital to Revenue	20.29%	22.32%	23.42%	21.57%	19.92%	19.51%	9.40%	11.86%	15.49%	16.34%
Debt-free Net Working Capital to Revenue	20.86%	22.90%	23.99%	21.84%	20.58%	20.75%	10.16%	12.74%	18.52%	17.45%
Net Working Capital to Revenue	3.66%	4.21%	4.78%	4.21%	3.96%	6.55%	3.97%	5.15%	6.46%	3.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$6.96	$7.76	$9.78	$10.91	$11.70	$19.74	$36.81	$44.38	$36.36	$29.71
Adjusted Weighted Average Basic Shares Outstanding	26.29M	25.41M	25.07M	24.40M	23.20M	23.80M	28.80M	28.20M	27.50M	27M
Adjusted Diluted Earnings per Share	$6.91	$7.72	$9.75	$10.86	$11.60	$19.53	$36.54	$44.17	$36.29	$29.65
Adjusted Weighted Average Diluted Shares Outstanding	26.49M	25.52M	25.15M	24.50M	23.40M	24.10M	29M	28.30M	27.60M	27.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	25.72M	25.17M	25.02M	23.15M	23.32M	26.63M	29.49M	27.34M	27.53M	26.29M
Normalized Net Operating Profit after Tax (NOPAT)	225	245	289	353	360	508	1,191	1,416	1,257	1,201
Normalized NOPAT Margin	2.86%	2.82%	2.86%	2.99%	2.84%	3.87%	5.22%	5.02%	4.05%	3.32%
Pre Tax Income Margin	3.34%	3.27%	3.44%	2.86%	2.96%	4.94%	6.50%	6.14%	4.39%	2.98%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	7.73	6.81	5.68	3.85	3.81	7.12	12.81	11.30	4.87	3.01
NOPAT to Interest Expense	5.40	4.82	3.90	2.97	2.68	4.74	9.47	8.43	3.57	2.24
EBIT Less CapEx to Interest Expense	5.61	4.79	4.47	2.54	2.89	5.60	10.77	9.60	4.25	2.38
NOPAT Less CapEx to Interest Expense	3.28	2.80	2.68	1.67	1.76	3.22	7.42	6.72	2.95	1.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	10.92%	12.23%	10.81%	10.43%	10.17%	6.19%	3.65%	3.58%	5.22%	6.88%
Augmented Payout Ratio	28.16%	69.51%	24.59%	66.47%	11.34%	16.95%	25.36%	58.14%	10.05%	51.41%

This table displays calculated financial ratios and metrics derived from Lithia Motors' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	18.25%	10.10%	4.00%	12.04%	13.45%	10.56%	22.77%	13.81%	11.41%	19.45%
EBITDA Growth	12.87%	-9.14%	-17.91%	-0.88%	-5.45%	-3.03%	-0.69%	-3.26%	-4.58%	15.88%
EBIT Growth	10.78%	-14.55%	-23.94%	-2.94%	-8.49%	-1.57%	-9.48%	-13.39%	-6.67%	8.33%
NOPAT Growth	6.35%	-11.83%	-25.29%	-5.96%	-8.59%	-3.40%	-7.77%	-14.36%	-3.83%	9.62%
Net Income Growth	6.89%	-14.52%	-33.18%	-10.81%	-19.80%	-13.59%	-28.14%	-28.06%	-15.86%	0.46%
EPS Growth	17.90%	-7.80%	-28.14%	-7.07%	-20.64%	-14.84%	-29.04%	-26.99%	-17.55%	4.39%
Operating Cash Flow Growth	-134.81%	54.76%	-286.31%	13.72%	147.76%	-218.79%	696.73%	40.57%	80.49%	120.94%
Free Cash Flow Firm Growth	-13.02%	-40.59%	-28.61%	-33.70%	-9.18%	-1.10%	-24.51%	-0.32%	-8.70%	9.59%
Invested Capital Growth	42.93%	39.22%	39.84%	38.13%	32.23%	28.38%	34.82%	27.35%	26.22%	20.32%
Revenue Q/Q Growth	0.77%	-4.78%	0.39%	16.31%	2.04%	-7.21%	11.48%	7.83%	-0.12%	-0.51%
EBITDA Q/Q Growth	1.06%	-17.85%	-3.48%	23.71%	-3.60%	-15.75%	-1.16%	20.51%	-4.92%	2.32%
EBIT Q/Q Growth	0.48%	-21.62%	-3.30%	27.45%	-5.27%	-15.70%	-11.06%	21.95%	2.07%	-2.14%
NOPAT Q/Q Growth	-0.29%	-20.21%	-7.02%	27.14%	-3.08%	-15.68%	-11.23%	18.06%	8.83%	-3.89%
Net Income Q/Q Growth	-2.16%	-24.28%	-8.20%	31.14%	-12.02%	-18.42%	-23.65%	31.27%	2.91%	-2.60%
EPS Q/Q Growth	2.76%	-23.66%	-8.79%	29.88%	-12.24%	-18.08%	-24.00%	33.62%	-0.89%	3.72%
Operating Cash Flow Q/Q Growth	12.09%	63.60%	47.08%	-409.59%	148.66%	-342.96%	199.05%	-150.75%	247.78%	-71.82%
Free Cash Flow Firm Q/Q Growth	-10.97%	-3.07%	-11.65%	-4.70%	9.38%	4.56%	-37.50%	15.65%	1.80%	20.62%
Invested Capital Q/Q Growth	7.83%	7.28%	8.87%	9.68%	3.23%	4.15%	14.33%	3.60%	2.31%	-0.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.01%	17.41%	17.37%	17.08%	16.57%	16.42%	15.59%	15.42%	15.51%	14.95%
EBITDA Margin	7.72%	6.66%	6.40%	6.81%	6.43%	5.84%	5.18%	5.79%	5.51%	5.66%
Operating Margin	7.06%	5.76%	5.43%	5.87%	5.62%	4.85%	3.99%	4.26%	4.60%	4.54%
EBIT Margin	6.89%	5.67%	5.46%	5.99%	5.56%	5.05%	4.03%	4.56%	4.66%	4.58%
Profit (Net Income) Margin	4.53%	3.60%	3.29%	3.71%	3.20%	2.81%	1.93%	2.35%	2.42%	2.37%
Tax Burden Percent	72.48%	74.37%	73.05%	73.98%	73.32%	77.26%	74.80%	76.59%	77.34%	75.72%
Interest Burden Percent	90.65%	85.36%	82.49%	83.81%	78.54%	72.12%	63.96%	67.24%	67.13%	68.25%
Effective Tax Rate	27.52%	25.63%	26.95%	26.02%	26.68%	22.74%	25.20%	23.41%	22.66%	24.28%
Return on Invested Capital (ROIC)	14.06%	11.12%	9.56%	9.77%	9.12%	8.05%	6.02%	6.42%	7.00%	6.95%
ROIC Less NNEP Spread (ROIC-NNEP)	13.24%	10.31%	8.85%	9.12%	8.19%	7.22%	5.13%	5.65%	6.07%	6.09%
Return on Net Nonoperating Assets (RNNOA)	14.39%	12.30%	11.20%	13.41%	12.02%	10.87%	8.82%	10.20%	10.79%	10.72%
Return on Equity (ROE)	28.45%	23.41%	20.77%	23.18%	21.14%	18.92%	14.83%	16.62%	17.79%	17.68%
Cash Return on Invested Capital (CROIC)	-20.81%	-19.77%	-22.03%	-22.04%	-18.50%	-16.15%	-22.02%	-17.16%	-16.53%	-11.74%
Operating Return on Assets (OROA)	15.64%	12.23%	10.91%	11.44%	10.42%	9.05%	6.81%	7.52%	7.78%	7.75%
Return on Assets (ROA)	10.27%	7.76%	6.57%	7.09%	6.00%	5.04%	3.26%	3.87%	4.04%	4.01%
Return on Common Equity (ROCE)	28.21%	23.22%	20.60%	22.98%	20.93%	18.73%	14.69%	16.46%	17.66%	17.55%
Return on Equity Simple (ROE_SIMPLE)	26.17%	0.00%	21.11%	19.30%	17.44%	0.00%	14.91%	13.55%	12.42%	0.00%
Net Operating Profit after Tax (NOPAT)	373	298	277	352	341	288	255	301	328	315
NOPAT Margin	5.12%	4.29%	3.97%	4.34%	4.12%	3.75%	2.98%	3.27%	3.56%	3.44%
Net Nonoperating Expense Percent (NNEP)	0.82%	0.81%	0.72%	0.66%	0.94%	0.82%	0.88%	0.77%	0.93%	0.86%
Return On Investment Capital (ROIC_SIMPLE)	-	2.32%	-	-	-	1.68%	-	-	-	1.58%
Cost of Revenue to Revenue	81.99%	82.59%	82.63%	82.92%	83.43%	83.58%	84.41%	84.58%	84.49%	85.05%
SG&A Expenses to Revenue	10.34%	10.84%	10.96%	10.38%	10.28%	10.90%	10.91%	10.56%	10.23%	9.83%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.96%	11.65%	11.94%	11.21%	10.95%	11.57%	11.61%	11.16%	10.91%	10.41%
Earnings before Interest and Taxes (EBIT)	503	394	381	486	460	388	345	421	429	420
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	563	462	446	552	532	448	443	534	508	520
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.17	1.06	1.14	1.44	1.35	1.45	1.30	1.08	1.29	1.43
Price to Tangible Book Value (P/TBV)	3.51	2.92	3.11	3.90	3.81	4.78	4.76	4.11	4.46	4.79
Price to Revenue (P/Rev)	0.21	0.20	0.22	0.28	0.27	0.29	0.25	0.20	0.24	0.26
Price to Earnings (P/E)	4.49	4.41	5.44	7.52	7.80	8.99	8.82	8.11	10.63	11.87
Dividend Yield	0.73%	1.01%	0.93%	0.72%	0.77%	0.59%	0.67%	0.81%	0.65%	0.58%
Earnings Yield	22.29%	22.68%	18.38%	13.30%	12.82%	11.12%	11.33%	12.33%	9.41%	8.42%
Enterprise Value to Invested Capital (EV/IC)	1.07	1.02	1.05	1.17	1.13	1.17	1.10	1.03	1.10	1.15
Enterprise Value to Revenue (EV/Rev)	0.46	0.46	0.51	0.60	0.58	0.61	0.63	0.59	0.62	0.62
Enterprise Value to EBITDA (EV/EBITDA)	5.81	6.10	7.16	8.72	8.87	9.61	10.36	10.10	11.16	11.18
Enterprise Value to EBIT (EV/EBIT)	6.42	6.83	8.17	10.01	10.27	11.10	12.19	12.26	13.63	13.88
Enterprise Value to NOPAT (EV/NOPAT)	8.66	9.16	10.99	13.58	13.94	15.14	16.57	16.68	18.39	18.67
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	316.79	52.71
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.39	1.46	1.57	1.64	1.61	1.73	1.95	2.09	2.02	1.99
Long-Term Debt to Equity	1.04	1.05	1.07	1.14	1.09	1.14	1.16	1.25	1.23	1.22
Financial Leverage	1.09	1.19	1.27	1.47	1.47	1.51	1.72	1.81	1.78	1.76
Leverage Ratio	2.53	2.64	2.73	2.91	2.92	3.00	3.24	3.34	3.27	3.30
Compound Leverage Factor	2.29	2.25	2.26	2.44	2.29	2.17	2.07	2.25	2.20	2.25
Debt to Total Capital	58.19%	59.29%	61.05%	62.09%	61.73%	63.44%	66.16%	67.67%	66.93%	66.51%
Short-Term Debt to Total Capital	14.77%	16.57%	19.51%	18.89%	20.16%	21.79%	26.81%	27.33%	26.16%	25.55%
Long-Term Debt to Total Capital	43.42%	42.72%	41.53%	43.20%	41.57%	41.64%	39.35%	40.34%	40.77%	40.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.37%	0.35%	0.32%	0.31%	0.44%	0.40%	0.37%	0.36%	0.12%	0.12%
Common Equity to Total Capital	41.44%	40.36%	38.64%	37.60%	37.83%	36.16%	33.47%	31.98%	32.95%	33.37%
Debt to EBITDA	3.22	3.60	4.24	4.70	4.91	5.51	6.35	6.88	6.94	6.62
Net Debt to EBITDA	3.11	3.48	4.09	4.60	4.78	5.03	6.15	6.54	6.75	6.42
Long-Term Debt to EBITDA	2.40	2.59	2.88	3.27	3.31	3.62	3.78	4.10	4.23	4.08
Debt to NOPAT	4.80	5.40	6.50	7.31	7.72	8.67	10.16	11.37	11.44	11.05
Net Debt to NOPAT	4.64	5.23	6.27	7.16	7.51	7.92	9.83	10.80	11.13	10.72
Long-Term Debt to NOPAT	3.59	3.89	4.42	5.09	5.20	5.69	6.04	6.78	6.97	6.81
Altman Z-Score	3.00	2.80	2.60	2.63	2.60	2.53	2.22	2.15	2.26	2.38
Noncontrolling Interest Sharing Ratio	0.83%	0.82%	0.79%	0.88%	1.04%	0.99%	0.96%	0.96%	0.74%	0.72%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.66	1.46	1.30	1.36	1.33	1.41	1.17	1.19	1.18	1.19
Quick Ratio	0.44	0.26	0.21	0.22	0.23	0.42	0.25	0.27	0.24	0.25
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,169	-3,266	-3,647	-3,818	-3,460	-3,302	-4,541	-3,830	-3,761	-2,986
Operating Cash Flow to CapEx	-347.07%	-99.46%	-128.61%	-429.04%	188.96%	-523.40%	385.24%	-114.33%	360.10%	87.91%
Free Cash Flow to Firm to Interest Expense	-67.43	-56.61	-54.68	-48.58	-35.06	-30.55	-36.53	-27.80	-26.66	-22.38
Operating Cash Flow to Interest Expense	-5.41	-1.60	-0.73	-3.18	1.23	-2.73	2.35	-1.08	1.55	0.46
Operating Cash Flow Less CapEx to Interest Expense	-6.97	-3.22	-1.31	-3.92	0.58	-3.25	1.74	-2.02	1.12	-0.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.27	2.16	2.00	1.91	1.87	1.79	1.69	1.65	1.67	1.69
Accounts Receivable Turnover	30.32	37.62	32.21	31.48	30.25	32.36	31.19	31.73	31.42	30.90
Inventory Turnover	8.40	7.95	7.13	6.67	6.52	6.32	5.61	5.39	5.57	5.74
Fixed Asset Turnover	9.46	8.51	8.17	8.04	8.17	8.22	7.94	7.92	8.06	8.40
Accounts Payable Turnover	91.39	93.30	80.52	85.81	91.62	94.49	84.24	83.64	96.10	98.53
Days Sales Outstanding (DSO)	12.04	9.70	11.33	11.59	12.07	11.28	11.70	11.50	11.62	11.81
Days Inventory Outstanding (DIO)	43.43	45.91	51.17	54.76	56.02	57.71	65.01	67.71	65.56	63.55
Days Payable Outstanding (DPO)	3.99	3.91	4.53	4.25	3.98	3.86	4.33	4.36	3.80	3.70
Cash Conversion Cycle (CCC)	51.47	51.70	57.97	62.10	64.10	65.13	72.38	74.85	73.38	71.66
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	11,794	12,652	13,774	15,108	15,595	16,242	18,570	19,240	19,684	19,543
Invested Capital Turnover	2.75	2.59	2.41	2.25	2.21	2.15	2.02	1.97	1.97	2.02
Increase / (Decrease) in Invested Capital	3,542	3,564	3,924	4,170	3,801	3,590	4,796	4,132	4,089	3,301
Enterprise Value (EV)	12,616	12,962	14,524	17,647	17,677	19,026	20,466	19,777	21,573	22,408
Market Capitalization	5,806	5,517	6,187	8,295	8,079	8,998	8,247	6,906	8,494	9,521
Book Value per Share	$181.05	$190.44	$198.89	$209.08	$217.56	$225.80	$230.96	$232.35	$247.00	$249.86
Tangible Book Value per Share	$60.08	$69.11	$72.87	$77.35	$77.03	$68.36	$62.97	$61.36	$71.17	$74.70
Total Capital	12,027	12,899	14,073	15,308	15,851	17,183	18,975	19,914	20,044	19,945
Total Debt	6,999	7,648	8,592	9,505	9,785	10,901	12,553	13,476	13,416	13,266
Total Long-Term Debt	5,222	5,511	5,845	6,613	6,589	7,155	7,466	8,034	8,173	8,171
Net Debt	6,766	7,401	8,292	9,305	9,528	9,959	12,149	12,801	13,056	12,864
Capital Expenditures (CapEx)	73	93	38	58	64	56	76	130	61	70
Debt-free, Cash-free Net Working Capital (DFCFNWC)	3,399	3,343	3,647	4,138	4,383	4,809	5,824	6,103	6,113	5,914
Debt-free Net Working Capital (DFNWC)	3,632	3,590	3,946	4,338	4,639	5,751	6,229	6,777	6,472	6,316
Net Working Capital (NWC)	1,856	1,453	1,200	1,446	1,443	2,005	1,142	1,336	1,229	1,221
Net Nonoperating Expense (NNE)	43	48	47	51	76	72	90	85	105	98
Net Nonoperating Obligations (NNO)	6,766	7,401	8,292	9,305	9,528	9,959	12,149	12,801	13,056	12,864
Total Depreciation and Amortization (D&A)	60	68	65	67	72	61	98	114	79	100
Debt-free, Cash-free Net Working Capital to Revenue	12.34%	11.86%	12.81%	14.11%	14.46%	15.49%	17.85%	18.08%	17.62%	16.34%
Debt-free Net Working Capital to Revenue	13.18%	12.74%	13.87%	14.79%	15.30%	18.52%	19.09%	20.08%	18.65%	17.45%
Net Working Capital to Revenue	6.74%	5.15%	4.22%	4.93%	4.76%	6.46%	3.50%	3.96%	3.54%	3.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$11.97	$9.15	$8.32	$10.79	$9.49	$7.76	$5.90	$7.88	$7.82	$8.11
Adjusted Weighted Average Basic Shares Outstanding	27.50M	28.20M	27.50M	27.50M	27.60M	27.50M	27.50M	27.20M	26.70M	27M
Adjusted Diluted Earnings per Share	$11.92	$9.10	$8.30	$10.78	$9.46	$7.75	$5.89	$7.87	$7.80	$8.09
Adjusted Weighted Average Diluted Shares Outstanding	27.60M	28.30M	27.50M	27.60M	27.60M	27.60M	27.60M	27.20M	26.80M	27.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	27.34M	27.34M	27.53M	27.56M	27.52M	27.53M	27.41M	26.74M	26.64M	26.29M
Normalized Net Operating Profit after Tax (NOPAT)	373	298	277	352	341	288	255	301	328	315
Normalized NOPAT Margin	5.12%	4.29%	3.97%	4.34%	4.12%	3.75%	2.98%	3.27%	3.56%	3.44%
Pre Tax Income Margin	6.25%	4.84%	4.51%	5.02%	4.37%	3.64%	2.58%	3.06%	3.13%	3.13%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	10.70	6.83	5.71	6.18	4.66	3.59	2.77	3.05	3.04	3.15
NOPAT to Interest Expense	7.94	5.16	4.15	4.48	3.46	2.66	2.05	2.19	2.33	2.36
EBIT Less CapEx to Interest Expense	9.14	5.21	5.14	5.44	4.01	3.07	2.16	2.11	2.61	2.62
NOPAT Less CapEx to Interest Expense	6.38	3.55	3.58	3.74	2.81	2.14	1.44	1.25	1.89	1.84
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	3.40%	3.58%	4.04%	4.36%	4.83%	5.22%	5.82%	6.45%	6.84%	6.88%
Augmented Payout Ratio	69.29%	58.14%	59.97%	11.50%	10.41%	10.05%	11.04%	35.61%	44.32%	51.41%

Frequently Asked Questions About Lithia Motors' Financials

When does Lithia Motors's financial year end?

According to the most recent income statement we have on file, Lithia Motors' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Lithia Motors' net income changed over the last 9 years?

Lithia Motors' net income appears to be on an upward trend, with a most recent value of $821.60 million in 2024, rising from $183.00 million in 2015. The previous period was $1.01 billion in 2023.

What is Lithia Motors's operating income?

Lithia Motors's total operating income in 2024 was $1.58 billion, based on the following breakdown:

Total Gross Profit: $5.56 billion
Total Operating Expenses: $3.99 billion

How has Lithia Motors revenue changed over the last 9 years?

Over the last 9 years, Lithia Motors' total revenue changed from $7.86 billion in 2015 to $36.19 billion in 2024, a change of 360.2%.

How much debt does Lithia Motors have?

Lithia Motors' total liabilities were at $16.45 billion at the end of 2024, a 23.2% increase from 2023, and a 586.2% increase since 2015.

How much cash does Lithia Motors have?

In the past 9 years, Lithia Motors' cash and equivalents has ranged from $0.00 in 2021 to $941.40 million in 2023, and is currently $402.20 million as of their latest financial filing in 2024.

How has Lithia Motors' book value per share changed over the last 9 years?

Over the last 9 years, Lithia Motors' book value per share changed from 31.54 in 2015 to 249.86 in 2024, a change of 692.2%.

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This page (NYSE:LAD) was last updated on 4/15/2025 by MarketBeat.com Staff

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Lithia Motors (LAD) Financials

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