LAD
Lithia Motors, Inc. (LAD)
Last Price$325.3(5.6%)
Market Cap$9,049.0M
$36.2B
+16.8% YoY
$802.1M
-19.9% YoY
$1,649.0M
Net Debt to FCF - (5.6x)
($293.0M)
(0.8% margin)

LAD Income Statement

LAD Income Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
$31.0B 10.0% YoY
$5,183.0M 0.6% YoY
16.7% margin
Cost of revenue
$25.9B 12.0% YoY
Operating income
$1,692.4M (12.8%) YoY
5.5% margin
Other: $22.0M
Net interest: $352.1M
Operating expenses
$3,490.6M 8.7% YoY
Pre-tax income
$1,362.3M (21.3%) YoY
4.4% margin
Net income
$1,000.8M (20.0%) YoY
3.2% margin
Income tax
$350.6M
25.7% tax rate
SG&A
$3,294.8M 8.2% YoY
10.6% of revenue

LAD Income statement key metrics

Annual
Quarterly
LTM

Revenue

$31.0B +10.0% YoY

Operating Income

$1.7B -12.8% YoY

Net Income

$1.0B -20.0% YoY

LAD Balance Sheet

LAD Balance Sheet Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Assets
Liabilities
Total assets
$19.6B
Current assets ($6,955.2M, 35.4% of total)
$941.4M (4.8%)
$1,123.1M (5.7%)
Other current assets
$4,890.7M (24.9%)
Non-current assets ($12.7B, 64.6% of total)
$2,402.2M (12.2%)
Other non-current assets
$5,814.9M (29.6%)
Financial position
$10.4B
$941.4M$11.3B
Cash & Short-term Investments
Total Debt

LAD Balance Sheet Metrics

Annual
Quarterly
LTM

Assets

$19.6B +30.8% YoY

Liabilities

$13.3B +36.8% YoY

Shareholder's Equity

$6,282.9M +19.6% YoY

LAD Cash Flow Statement

LAD Cash Flow Statement Overview

Annual
Quarterly
LTM
Dec'14
Dec'15
Dec'16
Dec'17
Dec'18
Dec'19
Dec'20
Dec'21
Dec'22
Dec'23
Cash Beginning of PeriodOperating Cash FlowInvesting Cash FlowFinancing Cash FlowForex Changes on CashCash End of Period$271.5M($472.4M)($1,270.3M)$2,409.8M$33.4M$972.0M

LAD Cash Flow Statement key metrics

Annual
Quarterly
LTM

Operating Cash Flow (OCF)

($472.4M) -10.8% YoY

Capital Expenditure (CAPEX)

($230.2M) -24.1% YoY

Free Cash Flow (FCF)

($702.6M) -15.2% YoY

LAD Financials

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
% growth
2,745.8
0.0%
2,935.4
6.9%
3,172.9
8.1%
3,219.0
1.5%
2,137.8
(33.6%)
1,749.3
(18.2%)
2,131.6
21.9%
2,699.4
26.6%
3,316.5
22.9%
4,005.7
20.8%
5,390.3
34.6%
7,864.3
45.9%
8,678.2
10.3%
10,086.5
16.2%
11,821.4
17.2%
12,672.7
7.2%
13,124.3
3.6%
22,831.7
74.0%
28,231.5
23.7%
31,042.3
10.0%
Cost of Goods Sold (COGS)2,285.92,431.02,634.42,674.31,767.81,419.71,750.22,241.82,777.23,374.84,567.06,688.67,376.88,570.410,044.410,719.010,898.718,572.723,079.125,859.3
% margin
459.9
16.8%
504.4
17.2%
538.5
17.0%
544.7
16.9%
370.0
17.3%
329.6
18.8%
381.4
17.9%
457.5
16.9%
539.3
16.3%
631.0
15.8%
823.3
15.3%
1,175.6
14.9%
1,301.3
15.0%
1,516.1
15.0%
1,777.0
15.0%
1,953.7
15.4%
2,225.6
17.0%
4,259.0
18.7%
5,152.4
18.3%
5,183.0
16.7%
Operating Expenses363.1385.2423.6451.2629.8288.5318.2344.2390.8447.4589.6852.8949.01,107.11,328.71,456.21,520.62,589.23,211.33,490.6
Research & Development Expenses (R&D)0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Selling, General & Administrative Expenses (SG&A)349.9371.0406.6430.3316.2270.2300.6327.5373.7427.4563.2811.2899.61,049.41,253.31,373.81,428.32,461.93,044.13,294.8
96.8
3.5%
119.2
4.1%
114.8
3.6%
93.4
2.9%
(259.8)
(12.2%)
34.2
2.0%
47.9
2.2%
112.0
4.1%
148.4
4.5%
183.5
4.6%
231.9
4.3%
302.7
3.8%
338.4
3.9%
409.0
4.1%
447.0
3.8%
495.0
3.9%
697.1
5.3%
1,667.9
7.3%
1,941.1
6.9%
1,692.4
5.5%
Interest Income0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0133.46.511.0167.90.0
Interest Expense0.00.00.00.038.424.925.223.522.420.724.639.048.774.1118.3133.4107.5130.5167.9352.1
Pre-tax Income69.585.865.743.4(290.9)10.723.289.2128.5165.8210.5262.7283.5347.1337.5375.4648.51,484.81,730.01,362.3
% effective tax rate
26.9
38.7%
34.0
39.6%
25.4
38.6%
17.4
40.1%
(91.7)
31.5%
4.6
43.3%
9.1
39.2%
33.4
37.5%
49.1
38.2%
60.6
36.5%
75.0
35.6%
79.7
30.3%
86.5
30.5%
101.9
29.3%
71.8
21.3%
103.9
27.7%
178.2
27.5%
422.1
28.4%
468.4
27.1%
350.6
25.7%
% margin
42.7
1.6%
49.8
1.7%
37.3
1.2%
21.5
0.7%
(252.6)
(11.8%)
9.2
0.5%
13.7
0.6%
58.9
2.2%
80.4
2.4%
106.0
2.6%
138.7
2.6%
183.0
2.3%
197.1
2.3%
245.2
2.4%
265.7
2.2%
271.5
2.1%
470.3
3.6%
1,060.1
4.6%
1,251.0
4.4%
1,000.8
3.2%
EPS2.432.801.911.10(12.51)0.350.522.243.134.115.316.967.849.7810.8911.7019.7636.8144.3636.39
Diluted EPS2.272.541.771.06(12.51)0.350.522.213.074.055.266.917.729.7510.8411.6019.5136.5644.2036.26
% margin
109.2
4.0%
131.6
4.5%
131.3
4.1%
114.0
3.5%
(235.4)
(11.0%)
55.2
3.2%
80.8
3.8%
130.3
4.8%
166.6
5.0%
209.8
5.2%
262.0
4.9%
382.8
4.9%
381.1
4.4%
478.9
4.7%
528.0
4.5%
582.5
4.6%
877.2
6.7%
1,781.6
7.8%
2,116.5
7.5%
1,979.0
6.4%