Lithia Motors, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $37.63B | $36.19B | $31.04B | $28.19B | $22.83B | $13.13B | $12.67B |
| Cost of Revenue | — | $31.90B | $30.63B | $25.81B | $23.04B | $18.57B | $10.90B | $10.72B |
| Gross Profit | — | $5.73B | $5.56B | $5.23B | $5.15B | $4.26B | $2.22B | $1.95B |
| Gross Margin | — | 15.2% | 15.4% | 16.8% | 18.3% | 18.7% | 16.9% | 15.4% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $3.94B | $3.76B | $3.29B | $3.04B | $2.48B | $1.44B | $1.37B |
| Operating Income | — | $1.59B | $1.57B | $1.69B | $1.94B | $1.66B | $692.7M | $495.0M |
| Operating Margin | — | 4.2% | 4.3% | 5.5% | 6.9% | 7.3% | 5.3% | 3.9% |
| Interest Expense | — | $275.5M | $257.8M | $201.2M | $129.1M | $103.4M | $71.6M | $60.6M |
| Pretax Income | — | $1.11B | $1.07B | $1.36B | $1.73B | $1.48B | $648.5M | $375.4M |
| Income Tax Expense | — | $282.5M | $255.0M | $350.6M | $468.4M | $422.1M | $178.2M | $103.9M |
| Net Income | — | $819.6M | $796.7M | $1.00B | $1.25B | $1.06B | $470.3M | $271.5M |
| Net Margin | — | 2.2% | 2.2% | 3.2% | 4.4% | 4.6% | 3.6% | 2.1% |
| EPS (Basic) | — | $32.38 | $29.51 | $36.36 | $44.38 | $36.81 | $19.74 | $11.70 |
| EPS (Diluted) | — | $32.32 | $29.45 | $36.29 | $44.17 | $36.54 | $19.53 | $11.60 |
| Shares Outstanding (Basic) | 23.4M | 25.3M | 27.0M | 27.5M | 28.2M | 28.8M | 23.8M | 23.2M |
| Shares Outstanding (Diluted) | 23.4M | 25.4M | 27.1M | 27.6M | 28.3M | 29.0M | 24.1M | 23.4M |
| Dividends Per Share | — | $2.18 | $2.09 | $1.92 | $1.61 | $1.36 | $1.22 | $1.19 |