Lithia Motors, Inc.

LAD ·Consumer Cyclical, Auto & Truck Dealerships, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $11.82B $10.09B $8.68B $7.86B $5.39B $4.01B $3.32B $2.63B
Cost of Revenue $10.04B $8.57B $7.38B $6.69B $4.57B $3.37B $2.78B $2.19B
Gross Profit $1.78B $1.52B $1.30B $1.18B $823.3M $631.0M $539.3M $445.3M
Gross Margin 15.0% 15.0% 15.0% 14.9% 15.3% 15.8% 16.3% 16.9%
Operating Expenses
Research & Development
SG&A Expense $1.25B $1.05B $899.6M $811.2M $563.2M $427.4M $373.7M $316.7M
Operating Income $447.0M $409.0M $338.4M $302.7M $231.9M $183.5M $148.4M $110.8M
Operating Margin 3.8% 4.1% 3.9% 3.8% 4.3% 4.6% 4.5% 4.2%
Interest Expense $56.0M $34.8M $23.2M $19.5M $10.7M $8.4M $9.6M $12.9M
Pretax Income $337.5M $347.1M $283.5M $262.7M $210.5M $165.8M $128.5M $88.3M
Income Tax Expense $71.8M $101.9M $86.4M $79.7M $75.0M $60.6M $49.1M $33.1M
Net Income $265.7M $245.2M $197.1M $183.0M $138.7M $106.0M $80.4M $58.9M
Net Margin 2.2% 2.4% 2.3% 2.3% 2.6% 2.6% 2.4% 2.2%
EPS (Basic) $10.91 $9.78 $7.76 $6.96 $5.31 $4.11 $3.13 $2.24
EPS (Diluted) $10.86 $9.75 $7.72 $6.91 $5.26 $4.05 $3.07 $2.21
Shares Outstanding (Basic) 24.4M 25.1M 25.4M 26.3M 26.1M 25.8M 25.7M 26.2M
Shares Outstanding (Diluted) 24.5M 25.1M 25.5M 26.5M 26.4M 26.2M 26.2M 26.7M
Dividends Per Share $1.14 $1.06 $0.95 $0.76 $0.61
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