LADNYSERetail-Auto Dealers & Gasoline StationsFiscal year ends December 31
LITHIA MOTORS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$293.17−1.97 (-0.67%)
Close on Oct 19, 2026
- Market cap
- $6.60B
- P/E (TTM)
- 9.7
- Dividend yield
- 0.74%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
15.2%−1.7 pts over 5 years
Operating margin
4.2%−1.0 pts over 5 years
Net margin
2.2%−1.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.0% | +10.1% | +23.4% | +16.9% | |
| Gross profit | +3.1% | +3.6% | +20.8% | +17.2% | |
| Operating income | +1.7% | -6.3% | +18.1% | +18.1% | |
| Net income | +2.9% | -13.1% | +11.7% | +16.2% | |
| EPS, diluted | +9.7% | -9.9% | +10.6% | +16.7% | |
| Free cash flow | -92.1% | – | -56.6% | – | |
| Dividend per share | +4.3% | +10.6% | +12.3% | +11.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 22.7% | 22.8% | 12.4% | |
| Return on assets | 5.6% | 6.7% | 3.4% | |
| Current ratio | 1.19 | 1.35 | 1.17 | |
| Debt to equity | 0.87 | 0.80 | 1.49 | |
| Net debt to EBITDA | 1.91× | 2.51× | 4.91× | |
| Interest coverage | 14.6× | 9.7× | 5.8× | |
| Inventory turnover | 4.5× | 4.4× | 5.3× | |
| Capex to revenue | 1.2% | 1.3% | 0.9% | |
| Diluted shares | 26M | 24M | 25M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Lithia Motors generated $3.66B from operations and spent $4.04B on capital expenditure, dividends and share buybacks. 37% of that went back into the business.
Generated
$3.66B
Used
$4.04B
Capital expenditure$1.50B37%Dividends$248.60M6%Share buybacks$2.29B57%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.2%
×Asset turnover1.56×
×Equity multiplier3.64×
=Return on equity, FY202512.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.2% | 1.56× | 3.64× | 12.4% |
| FY2024 | 2.2% | 1.69× | 3.32× | 12.4% |
| FY2023 | 3.2% | 1.79× | 3.03× | 17.5% |
| FY2022 | 4.4% | 2.16× | 2.66× | 25.4% |
| FY2021 | 4.6% | 2.40× | 2.61× | 29.1% |
| FY2020 | 3.6% | 1.88× | 3.39× | 22.8% |
| FY2019 | 2.1% | 2.21× | 4.30× | 20.4% |
| FY2018 | 2.2% | 2.35× | 4.41× | 23.3% |
| FY2017 | 2.4% | 2.37× | 4.28× | 24.6% |
| FY2016 | 2.3% | 2.46× | 4.07× | 22.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$819.60M
- Cash generatingOperating cash flow above zero$356.70M
- Return on assets improvedROA up on the prior year4.1% → 3.5%
- Earnings backed by cashOperating cash flow above net income$356.70M vs $819.60M
- Less leverageLong-term debt to assets fell35.3% → 38.6%
- Better liquidityCurrent ratio rose1.19 → 1.17
- No dilutionShare count did not rise27M → 25M
- Gross margin improvedGross margin up on the prior year15.37% → 15.23%
- More efficientAsset turnover rose1.84 → 1.63