← LITHIA MOTORS INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $8.7b | $10.1b | $11.8b | $12.7b | $13.1b | $22.8b | $28.2b | $31.0b | $36.2b | $37.6b | |
| Cost of Revenue | $7.4b | $8.6b | $10.0b | $10.7b | $10.9b | $18.6b | $23.0b | $25.8b | $30.6b | $31.9b | |
| Total cost of sales | $7.4b | $8.6b | $10.0b | $10.7b | $10.9b | $18.6b | $23.0b | $25.8b | $30.6b | $31.9b | |
| Gross Profit | $1.3b | $1.5b | $1.8b | $2.0b | $2.2b | $4.3b | $5.2b | $5.2b | $5.6b | $5.7b | |
| Selling, general and administrative | $899.6m | $1.0b | $1.3b | $1.4b | $1.4b | $2.5b | $3.0b | $3.3b | $3.8b | $3.9b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $338.4m | $409.0m | $447.0m | $495.0m | $697.1m | $1.7b | $1.9b | $1.7b | $1.6b | $1.6b | |
| Additional Financial Items | |||||||||||
| Asset impairments | $14.0m | $0 | $1.3m | $2.6m | $7.9m | $1.9m | $0 | $0 | $0 | $5.8m | |
| Depreciation and amortization | $49.4m | $57.7m | $75.4m | $82.4m | $92.3m | $127.3m | $163.2m | $195.8m | $245.6m | $262.4m | |
| Financing operations income (loss) | — | — | — | — | $6.5m | $11.0m | ($4.0m) | ($45.9m) | $15.4m | $74.6m | |
| Gain (Loss) on Investments | — | — | — | — | — | — | — | $0 | $33.1m | ($14.2m) | |
| Goodwill, Impairment Loss | — | — | — | $1.7m | $3.5m | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | $6.5m | $11.0m | $4.0m | $45.9m | $15.4m | $1.1b | |
| Income (Loss) from Continuing Operations, Per Basic Share | $8 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $8 | — | — | — | — | — | — | — | — | — | |
| Income tax provision | ($86.5m) | ($101.9m) | ($71.8m) | ($103.9m) | ($178.2m) | ($422.1m) | ($468.4m) | ($350.6m) | ($256.7m) | ($282.5m) | |
| Other income, net | ($6.1m) | $12.2m | $8.8m | $13.8m | $58.9m | ($52.6m) | ($43.2m) | $22.0m | $39.3m | $17.4m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $283.5m | $347.1m | $337.5m | $375.4m | $648.5m | $1.5b | $1.7b | $1.4b | $1.1b | $1.1b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $197.1m | — | — | — | $6.5m | $11.0m | $4.0m | $45.9m | $15.4m | $74.6m | |
| Income before income taxes | $283.5m | $347.1m | $337.5m | $375.4m | $648.5m | $1.5b | $1.7b | $1.4b | $1.1b | $1.1b | |
| Net income attributable to non-controlling interests | — | — | — | $0 | $0 | ($1.7m) | ($4.8m) | ($6.5m) | ($4.8m) | ($6.3m) | |
| Net income attributable to redeemable non-controlling interest | — | — | — | $0 | $0 | ($900k) | ($5.8m) | ($4.4m) | ($14.8m) | $0 | |
| Net Income (Loss) Attributable to Parent | $197.1m | $245.2m | $265.7m | $271.5m | $470.3m | $1.1b | $1.3b | $1.0b | $802.0m | $819.6m | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | — | — | — | $0 | $0 | $1.7m | $4.8m | $6.5m | $4.8m | $6.3m | |
| Common Stock, Dividends, Per Share, Declared | $0.95 | $1.06 | $1.14 | $1.19 | $1.22 | $1.36 | $1.61 | $1.92 | $2.09 | $2.18 | |
| Earnings Per Share, Basic | $7.76 | $9.78 | $10.91 | $11.70 | $19.74 | $36.81 | $44.38 | $36.36 | $29.71 | $32.38 | |
| Earnings Per Share, Diluted | $7.72 | $9.75 | $10.86 | $11.60 | $19.53 | $36.54 | $44.17 | $36.29 | $29.65 | $32.32 | |
| Weighted Average Number of Shares Outstanding, Basic | 25.4m | 25.1m | 24.4m | 23.2m | 23.8m | 28.8m | 28.2m | 27.5m | 27.0m | 25.3m | |
| Weighted Average Number of Shares Outstanding, Diluted | 25.5m | 25.1m | 24.5m | 23.4m | 24.1m | 29.0m | 28.3m | 27.6m | 27.1m | 25.4m | |
| Business Combination, Acquisition Related Costs | $1.0m | $6.0m | $4.3m | $2.5m | $3.1m | $20.2m | $15.0m | $27.2m | $10.0m | $17.0m | |
| Current Income Tax Expense (Benefit) | — | $112.0m | $41.8m | $64.0m | $159.2m | $379.0m | $373.8m | $286.6m | $216.4m | $188.6m | |
| Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal | — | — | — | — | — | — | $87.2m | $98.8m | $106.7m | $76.6m | |
| Floor plan interest expense | ($25.5m) | ($39.3m) | ($62.3m) | ($72.8m) | ($34.4m) | ($22.3m) | ($38.8m) | ($150.9m) | ($278.8m) | ($228.2m) | |
| Interest Expense, Debt | $23.2m | $34.8m | $56.0m | $60.6m | $73.1m | $108.2m | $129.1m | $201.2m | $257.8m | $275.5m | |
| Marketing and Advertising Expense | $101.7m | $116.1m | $108.7m | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($6.1m) | $12.2m | $8.8m | $13.8m | $58.9m | ($52.6m) | ($43.2m) | $22.0m | $39.3m | $17.4m | |
| Other interest expense | ($23.2m) | ($34.8m) | ($56.0m) | ($60.6m) | ($73.1m) | ($108.2m) | ($129.1m) | ($201.2m) | ($257.8m) | ($275.5m) | |
| Selling, General and Administrative Expense | $899.6m | $1.0b | $1.3b | $1.4b | $1.4b | $2.5b | $3.0b | $3.3b | $3.8b | $3.9b | |
| Income Tax Expense (Benefit) | $86.5m | $101.9m | $71.8m | $103.9m | $178.2m | $422.1m | $468.4m | $350.6m | $256.7m | $282.5m | |
| Other Operating Income (Expense), Net | $338.4m | $409.0m | $447.0m | $495.0m | $697.1m | $1.7b | ($4.0m) | ($45.9m) | $15.4m | $74.6m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.