Lithia Mtrs Inc Financials
This page shows Lithia Mtrs Inc (LAD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A bigger inventory-and-debt engine lifted revenue, but cash conversion weakened as margins and liquidity tightened.
Revenue rose across FY2021-FY2025, yet operating cash flow fell from$1.8B to$357M ; the company became larger without turning that extra scale into comparable cash. At the same time, operating margin compressed and long-term debt reached$9.7B while FY2025 free cash flow was just$5.8M , showing expansion has leaned more on balance-sheet capacity than on current-year cash generation.
The margin shape looks like dilution of unit economics rather than scale benefits: gross margin moved from
FY2025 shows a capital allocation mismatch: the company spent
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Lithia Mtrs Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Lithia Mtrs Inc has an operating margin of 4.2%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 59/100, indicating healthy but not exceptional operating efficiency. This is down from 4.3% the prior year.
Lithia Mtrs Inc's revenue grew a modest 4.0% year-over-year to $37.6B. This slow but positive growth earns a score of 65/100.
Lithia Mtrs Inc has elevated debt relative to equity (D/E of 1.47), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 11/100, reflecting increased financial risk.
Lithia Mtrs Inc's current ratio of 1.17 is below the typical benchmark, resulting in a score of 27/100. This tight liquidity could limit financial flexibility if cash inflows slow.
While Lithia Mtrs Inc generated $356.7M in operating cash flow, capex of $350.9M consumed most of it, leaving $5.8M in free cash flow. This results in a low score of 28/100, reflecting heavy capital investment rather than weak cash generation.
Lithia Mtrs Inc earns a strong 12.4% return on equity (ROE), meaning it generates $12 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 67/100. This is up from 12.0% the prior year.
Lithia Mtrs Inc scores 2.36, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Lithia Mtrs Inc passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Lithia Mtrs Inc generates $0.44 in operating cash flow ($356.7M OCF vs $819.6M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Lithia Mtrs Inc earns $5.8 in operating income for every $1 of interest expense ($1.6B vs $275.5M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Lithia Mtrs Inc generated $37.6B in revenue in fiscal year 2025. This represents an increase of 4.0% from the prior year.
Lithia Mtrs Inc's EBITDA was $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 2.9% from the prior year.
Lithia Mtrs Inc reported $819.6M in net income in fiscal year 2025. This represents an increase of 2.9% from the prior year.
Lithia Mtrs Inc earned $32.32 per diluted share (EPS) in fiscal year 2025. This represents an increase of 9.7% from the prior year.
Cash & Balance Sheet
Lithia Mtrs Inc generated $5.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 92.1% from the prior year.
Lithia Mtrs Inc held $391.3M in cash against $9.7B in long-term debt as of fiscal year 2025.
Lithia Mtrs Inc paid $2.18 per share in dividends in fiscal year 2025. This represents an increase of 4.3% from the prior year.
Lithia Mtrs Inc had 24M shares outstanding in fiscal year 2025. This represents a decrease of 11.0% from the prior year.
Margins & Returns
Lithia Mtrs Inc's gross margin was 15.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.
Lithia Mtrs Inc's operating margin was 4.2% in fiscal year 2025, reflecting core business profitability. This is down 0.1 percentage points from the prior year.
Lithia Mtrs Inc's net profit margin was 2.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.0 percentage points from the prior year.
Lithia Mtrs Inc's ROE was 12.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the prior year.
Capital Allocation
Lithia Mtrs Inc spent $960.9M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 162.6% from the prior year.
Lithia Mtrs Inc invested $350.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 0.1% from the prior year.
LAD Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.3B+0.8% | $9.2B-4.9% | $9.7B+1.0% | $9.6B+4.4% | $9.2B+0.1% | $9.2B-0.5% | $9.2B-0.1% | $9.2B |
| Cost of Revenue | $7.8B+0.3% | $7.8B-4.7% | $8.2B+1.4% | $8.1B+4.2% | $7.8B-0.4% | $7.8B+0.1% | $7.8B-0.2% | $7.8B |
| Gross Profit | $1.4B+3.7% | $1.4B-6.4% | $1.5B-1.3% | $1.5B+5.3% | $1.4B+2.8% | $1.4B-4.1% | $1.4B+0.5% | $1.4B |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $1.0B+5.9% | $979.3M-1.9% | $998.0M-1.6% | $1.0B+6.5% | $952.7M+5.6% | $902.1M-4.4% | $943.6M-3.2% | $975.2M |
| Operating Income | $335.8M-1.7% | $341.5M-19.0% | $421.6M-0.9% | $425.3M+4.7% | $406.3M-1.3% | $411.7M-2.4% | $421.9M+7.2% | $393.6M |
| Interest Expense | $70.3M-6.3% | $75.0M+9.8% | $68.3M+2.4% | $66.7M+1.8% | $65.5M-4.4% | $68.5M+6.2% | $64.5M+5.4% | $61.2M |
| Income Tax | $40.0M-22.6% | $51.7M-18.7% | $63.6M-32.3% | $93.9M+28.1% | $73.3M+7.2% | $68.4M+5.6% | $64.8M-2.1% | $66.2M |
| Net Income | $100.4M-26.7% | $136.9M-36.9% | $217.1M-15.2% | $256.1M+22.2% | $209.5M-1.5% | $212.6M+2.6% | $207.3M-3.2% | $214.2M |
| EPS (Diluted) | $4.28 | N/A | $8.61-12.8% | $9.87+24.3% | $7.94 | N/A | $7.73-1.8% | $7.87 |
LAD Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $25.7B+2.6% | $25.1B+2.4% | $24.5B+1.5% | $24.2B+2.9% | $23.5B+1.5% | $23.1B-0.6% | $23.3B+0.2% | $23.2B |
| Current Assets | $8.2B+3.7% | $7.9B-0.9% | $7.9B-0.2% | $7.9B+1.8% | $7.8B+0.3% | $7.8B-1.5% | $7.9B-5.5% | $8.4B |
| Cash & Equivalents | $160.8M-58.9% | $391.3M+89.5% | $206.5M+1.8% | $202.8M-13.5% | $234.4M-47.4% | $445.8M+112.5% | $209.8M-59.4% | $516.4M |
| Inventory | $6.2B+1.2% | $6.1B+3.0% | $5.9B-2.0% | $6.1B+5.4% | $5.7B-2.8% | $5.9B-3.1% | $6.1B-2.3% | $6.2B |
| Accounts Receivable | $1.3B+11.2% | $1.1B-6.5% | $1.2B-1.8% | $1.2B-11.7% | $1.4B+13.1% | $1.2B+2.3% | $1.2B-2.7% | $1.2B |
| Goodwill | $2.5B-0.2% | $2.5B+1.5% | $2.4B-0.5% | $2.5B+2.3% | $2.4B+13.3% | $2.1B-0.5% | $2.1B+0.4% | $2.1B |
| Total Liabilities | $19.3B+4.7% | $18.5B+4.2% | $17.7B+3.4% | $17.1B+2.7% | $16.7B+1.5% | $16.4B-1.1% | $16.6B-0.8% | $16.8B |
| Current Liabilities | $8.2B+22.4% | $6.7B+2.6% | $6.5B+0.2% | $6.5B-1.6% | $6.6B+1.0% | $6.6B-1.7% | $6.7B-5.1% | $7.0B |
| Long-Term Debt | N/A | $9.7B | N/A | N/A | N/A | $8.2B | N/A | N/A |
| Total Equity | $6.4B-3.3% | $6.6B-2.4% | $6.8B-3.1% | $7.0B+3.4% | $6.8B+1.6% | $6.7B+0.7% | $6.6B+3.7% | $6.4B |
| Retained Earnings | $6.3B-2.7% | $6.5B+1.9% | $6.4B+3.3% | $6.2B+4.1% | $5.9B+3.4% | $5.8B+3.5% | $5.6B+3.6% | $5.4B |
LAD Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$108.4M-187.6% | $123.7M+225.7% | -$98.4M-1158.1% | $9.3M-97.1% | $322.1M+421.2% | $61.8M-71.8% | $219.3M+247.8% | -$148.4M |
| Capital Expenditures | $97.1M+4.2% | $93.2M-14.4% | $108.9M+36.0% | $80.1M+16.6% | $68.7M-13.6% | $79.5M+27.8% | $62.2M-52.2% | $130.1M |
| Free Cash Flow | -$205.5M-773.8% | $30.5M+114.7% | -$207.3M-192.8% | -$70.8M-127.9% | $253.4M+1531.6% | -$17.7M-111.3% | $157.1M+156.4% | -$278.5M |
| Investing Cash Flow | -$240.5M+56.2% | -$548.5M-234.7% | -$163.9M+17.4% | -$198.4M-69.4% | -$117.1M-248.5% | -$33.6M+89.0% | -$305.7M-22.7% | -$249.2M |
| Financing Cash Flow | $432.0M+24.3% | $347.6M+25.0% | $278.0M+74.3% | $159.5M+192.2% | -$173.0M-731.4% | $27.4M+111.5% | -$237.4M-135.3% | $672.6M |
| Dividends Paid | $12.8M-3.0% | $13.2M-5.0% | $13.9M-2.8% | $14.3M+2.9% | $13.9M-1.4% | $14.1M-0.7% | $14.2M-1.4% | $14.4M |
| Share Buybacks | $297.0M-0.5% | $298.6M-25.2% | $399.0M+232.8% | $119.9M-16.4% | $143.4M+54.7% | $92.7M+65.5% | $56.0M-72.3% | $202.2M |
LAD Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.3%+0.4pp | 14.9%-0.2pp | 15.2%-0.4pp | 15.5%+0.1pp | 15.4%+0.4pp | 14.9%-0.6pp | 15.5%+0.1pp | 15.4% |
| Operating Margin | 3.6%-0.1pp | 3.7%-0.6pp | 4.4%-0.1pp | 4.4%+0.0pp | 4.4%-0.1pp | 4.5%-0.1pp | 4.6%+0.3pp | 4.3% |
| Net Margin | 1.1%-0.4pp | 1.5%-0.8pp | 2.2%-0.4pp | 2.7%+0.4pp | 2.3%-0.0pp | 2.3%+0.1pp | 2.3%-0.1pp | 2.3% |
| Return on Equity | 1.6%-0.5pp | 2.1%-1.1pp | 3.2%-0.5pp | 3.7%+0.6pp | 3.1%-0.1pp | 3.2%+0.1pp | 3.1%-0.2pp | 3.4% |
| Return on Assets | 0.4%-0.2pp | 0.5%-0.3pp | 0.9%-0.2pp | 1.1%+0.2pp | 0.9%-0.0pp | 0.9%+0.0pp | 0.9%-0.0pp | 0.9% |
| Current Ratio | 0.99-0.2 | 1.17-0.0 | 1.210.0 | 1.22+0.0 | 1.180.0 | 1.190.0 | 1.180.0 | 1.19 |
| Debt-to-Equity | 3.03+1.6 | 1.47-1.2 | 2.62+0.2 | 2.45-0.0 | 2.47+1.2 | 1.23-1.3 | 2.52-0.1 | 2.63 |
| FCF Margin | -2.2%-2.6pp | 0.3%+2.5pp | -2.1%-1.4pp | -0.7%-3.5pp | 2.8%+2.9pp | -0.2%-1.9pp | 1.7%+4.7pp | -3.0% |
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Frequently Asked Questions
What is Lithia Mtrs Inc's annual revenue?
Lithia Mtrs Inc (LAD) reported $37.6B in total revenue for fiscal year 2025. This represents a 4.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Lithia Mtrs Inc's revenue growing?
Lithia Mtrs Inc (LAD) revenue grew by 4% year-over-year, from $36.2B to $37.6B in fiscal year 2025.
Is Lithia Mtrs Inc profitable?
Yes, Lithia Mtrs Inc (LAD) reported a net income of $819.6M in fiscal year 2025, with a net profit margin of 2.2%.
What is Lithia Mtrs Inc's EBITDA?
Lithia Mtrs Inc (LAD) had EBITDA of $1.9B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Lithia Mtrs Inc have?
As of fiscal year 2025, Lithia Mtrs Inc (LAD) had $391.3M in cash and equivalents against $9.7B in long-term debt.
What is Lithia Mtrs Inc's gross margin?
Lithia Mtrs Inc (LAD) had a gross margin of 15.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Lithia Mtrs Inc's operating margin?
Lithia Mtrs Inc (LAD) had an operating margin of 4.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Lithia Mtrs Inc's net profit margin?
Lithia Mtrs Inc (LAD) had a net profit margin of 2.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Lithia Mtrs Inc pay dividends?
Yes, Lithia Mtrs Inc (LAD) paid $2.18 per share in dividends during fiscal year 2025.
What is Lithia Mtrs Inc's return on equity (ROE)?
Lithia Mtrs Inc (LAD) has a return on equity of 12.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Lithia Mtrs Inc's free cash flow?
Lithia Mtrs Inc (LAD) generated $5.8M in free cash flow during fiscal year 2025. This represents a -92.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Lithia Mtrs Inc's operating cash flow?
Lithia Mtrs Inc (LAD) generated $356.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Lithia Mtrs Inc's total assets?
Lithia Mtrs Inc (LAD) had $25.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Lithia Mtrs Inc's capital expenditures?
Lithia Mtrs Inc (LAD) invested $350.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Lithia Mtrs Inc's current ratio?
Lithia Mtrs Inc (LAD) had a current ratio of 1.17 as of fiscal year 2025, which is considered adequate.
What is Lithia Mtrs Inc's debt-to-equity ratio?
Lithia Mtrs Inc (LAD) had a debt-to-equity ratio of 1.47 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Lithia Mtrs Inc's return on assets (ROA)?
Lithia Mtrs Inc (LAD) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Lithia Mtrs Inc's Altman Z-Score?
Lithia Mtrs Inc (LAD) has an Altman Z-Score of 2.36, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Lithia Mtrs Inc's Piotroski F-Score?
Lithia Mtrs Inc (LAD) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Lithia Mtrs Inc's earnings high quality?
Lithia Mtrs Inc (LAD) has an earnings quality ratio of 0.44x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Lithia Mtrs Inc cover its interest payments?
Lithia Mtrs Inc (LAD) has an interest coverage ratio of 5.8x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Lithia Mtrs Inc?
Lithia Mtrs Inc (LAD) scores 43 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.