LAD Financials Lithia Motors Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Oct 31, 2026, 11:17 UTC Overview →

Growth & profitability

Revenue has grown 23.4% per year over the past 5 years.
Net income has grown slower than revenue (11.7% vs 23.4% per year).
Operating margin has contracted, at 4.2% in the latest year.
Free cash flow has declined 56.6% per year over the past 5 years.

Financial health

Total debt has grown faster than revenue (40.4% vs 23.4% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 6.7% of earnings and 953.4% of free cash flow.
The dividend has grown 13.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$37.6B	$820M	15.2%	4.2%	12.4%	3.3%	$6M	—	—
2024	$36.2B	$797M	15.4%	4.3%	12.0%	3.4%	$74M	—	—
2023	$31.0B	$1.0B	16.8%	5.5%	16.1%	5.1%	-$703M	—	—
2022	$28.2B	$1.3B	18.3%	6.9%	24.0%	8.3%	-$913M	—	—
2021	$22.8B	$1.1B	18.7%	7.3%	22.9%	9.5%	$1.5B	$2.4B	$153M
2020	$13.1B	$470M	16.9%	5.3%	17.7%	6.0%	$377M	$2.1B	$160M
2019	$12.7B	$272M	15.4%	3.9%	18.5%	4.5%	$400M	$1.3B	$84M
2018	$11.8B	$266M	15.0%	3.8%	22.2%	4.9%	$362M	$927M	$32M
2017	$10.1B	$245M	15.0%	4.1%	22.6%	5.2%	$44M	$782M	$57M
2016	—	$197M	—	—	21.6%	5.1%	-$10M	$440M	$50M
2015	—	$183M	—	—	22.1%	5.7%	-$4M	$413M	$45M
2014	—	$139M	—	—	20.6%	4.8%	-$55M	$641M	$30M
2013	—	$106M	—	—	19.8%	6.1%	-$18M	$253M	$24M
2012	—	$80M	—	—	18.8%	5.4%	-$277M	$295M	$43M
2011	—	$59M	—	—	16.0%	5.1%	-$32M	$279M	$21M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Sep '26	$9.9B	$291M	15.0%	4.2%	4.4%	1.1%	-$130M	—	$108M
Jun '26	$9.8B	$260M	15.3%	4.6%	4.1%	1.0%	-$122M	—	$110M
Mar '26	$9.3B	$100M	15.3%	3.6%	1.6%	0.4%	-$206M	—	$161M
Dec '25	$9.2B	$137M	14.9%	3.7%	2.1%	0.5%	$31M	—	—
Sep '25	$9.7B	$217M	15.2%	4.4%	3.2%	0.9%	-$207M	—	$207M
Jun '25	$9.6B	$256M	15.5%	4.4%	3.7%	1.1%	-$71M	—	$203M
Mar '25	$9.2B	$210M	15.4%	4.4%	3.1%	0.9%	$253M	—	$234M
Dec '24	$9.2B	$213M	15.0%	4.5%	3.2%	0.9%	-$18M	—	—
Sep '24	$9.2B	$207M	15.5%	4.6%	3.1%	0.9%	$157M	—	$210M
Jun '24	$9.2B	$214M	15.4%	4.3%	3.4%	0.9%	-$279M	—	$516M
Mar '24	$8.6B	$163M	15.6%	4.0%	2.6%	0.7%	$213M	—	$264M
Dec '23	$7.7B	$214M	16.4%	4.9%	3.4%	1.1%	-$362M	—	—
Sep '23	$8.3B	$262M	16.6%	5.6%	4.4%	1.4%	$55M	—	$147M
Jun '23	$8.1B	$297M	17.1%	5.9%	5.2%	1.7%	-$308M	—	$89M
Mar '23	$7.0B	$229M	17.4%	5.4%	4.2%	1.4%	-$88M	—	$185M
Dec '22	$6.9B	$248M	17.4%	5.8%	4.8%	1.6%	-$186M	—	—
Sep '22	$7.3B	$330M	18.0%	7.1%	6.6%	2.3%	-$328M	—	$173M
Jun '22	$7.2B	$331M	18.7%	7.2%	7.1%	2.5%	-$365M	—	$64M
Mar '22	$6.7B	$342M	19.1%	7.6%	7.0%	2.8%	-$34M	—	$132M
Dec '21	$6.3B	$291M	19.7%	7.9%	6.3%	2.6%	-$271M	$2.4B	$153M

Valuation over time

How the market has priced LAD against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 4.0× (Mar '23) to 8.2× (Nov '26).
The price-to-sales ratio has risen from 0.2× (Mar '23) to 0.2× (Nov '26).
The dividend yield has fallen from 0.9% (Mar '23) to 0.8% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is LAD growing its revenue and profit?

Over the past 5 years, Lithia Motors Inc's revenue has grown 23.4% per year, and net income grown 11.7% per year. These are computed facts, not advice.

How much debt does LAD have?

As of FY2025, Lithia Motors Inc reported — of total debt against — of cash.

What is LAD's profit margin?

In FY2025, gross margin was 15.2%, operating margin 4.2%, and net margin 2.2%.

What is LAD's P/E ratio?

Lithia Motors Inc's P/E (TTM) is 8.49 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the LAD stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 8.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.