Lithia Motors Earnings Reports

Lithia Motors delivered record Q3 revenue of $9.7 billion and grew adjusted EPS by 17%, driven by strength in used vehicle retail and aftersales performance.

Lithia & Driveway posted a strong Q2 with record revenue of $9.6 billion and a significant increase in profitability, driven by gains in aftersales and financing operations.

Lithia & Driveway delivered strong Q1 2025 results with record-high revenue of $9.2 billion and significant year-over-year growth in EPS and net income. The company saw gains across new vehicle sales, aftersales services, and finance operations, showcasing the strength of its diversified business model.

Lithia & Driveway (LAD) reported record fourth-quarter revenue of $9.2 billion, marking a 20% increase year-over-year. Diluted EPS rose by 5% to $8.12, while adjusted EPS declined by 6% to $7.79. Net income remained flat at $217 million, and adjusted net income dropped 10% to $209 million. The company highlighted the first profitable year for its financing operations and continued growth in retail and aftersales segments.

Lithia & Driveway (LAD) reported record third-quarter revenue of $9.2 billion, an 11% increase year-over-year. Diluted earnings per share attributable to LAD was $7.80, a decrease of 18% from $9.46 in the same period of 2023. The company's financing operations continued to be profitable.

Lithia & Driveway (LAD) reported a record second quarter revenue of $9.2 billion, a 14% increase year-over-year. The Financing Operations achieved its first profitable quarter. Net income attributable to LAD per diluted share was $7.87, a 27% decrease from the previous year.

Lithia & Driveway (LAD) reported a record first quarter revenue of $8.6 billion, a 23% increase compared to the first quarter of 2023. However, net income decreased by 28% to $165 million, with diluted earnings per share at $5.89, a 29% decrease year-over-year.

Lithia & Driveway (LAD) reported record fourth-quarter revenue of $7.7 billion, a 10% increase compared to the fourth quarter of 2022. However, net income attributable to LAD per diluted share decreased by 14% to $7.74. The company's service, body, and parts revenues increased by 14%.

Lithia & Driveway (LAD) reported record third quarter revenue of $8.3 billion, a 13% increase year-over-year. However, net income attributable to LAD per diluted share decreased by 21% to $9.46, and adjusted net income per diluted share decreased by 17% to $9.25. The company acquired four stores and divested four stores during the quarter.

Lithia & Driveway reported a 12% increase in revenue, reaching $8.1 billion, the highest in the company's history for the second quarter. However, diluted EPS decreased by 7% to $10.78, and adjusted diluted EPS decreased by 10% to $10.91. The company acquired 14 locations expected to generate $1.5 billion in annualized revenues and divested three stores.

Lithia & Driveway reported a 4% increase in revenue to $7.0 billion for the first quarter of 2023, marking the highest first quarter revenue in the company's history. However, diluted earnings per share decreased by 28% to $8.30, and net income decreased by 33% to $230 million compared to the same period in 2022. The company acquired 37 locations and increased the dividend to $0.50 per share.

Lithia & Driveway (LAD) reported an 11% increase in revenue to $7.0 billion for Q4 2022, the highest fourth quarter revenue in company history. However, net income attributable to LAD per diluted share decreased by 6% to $9.00. The company acquired nine stores and divested four stores during the quarter.

Lithia & Driveway (LAD) reported an 18% increase in revenue to $7.3 billion for Q3 2022, with diluted EPS of $11.92, an 18% increase year-over-year. The company also announced a dividend of $0.42 per share for the third quarter.

Lithia & Driveway reported record second-quarter revenue of $7.2 billion, a 20% increase year-over-year. Net income per diluted share rose by 8% to $11.60, and adjusted net income per diluted share increased by 10% to $12.18. The company's Driveway Finance Corp achieved a 12.9% penetration rate in June, and Lithia continued its expansion through strategic acquisitions.

Lithia & Driveway (LAD) reported a record first quarter with a 54% increase in revenue, a 99% increase in EPS, and a 103% increase in adjusted EPS. The company's Driveway platform reached 1 million monthly unique visitors, and Driveway Finance became the #1 lender to LAD customers.

Lithia & Driveway (LAD) reported a strong fourth quarter in 2021, with a 60% increase in revenue to $6.3 billion and a 36% increase in net income per diluted share to $9.57. Adjusted net income per diluted share increased by 109% to $11.39. The company also announced a dividend of $0.35 per share for the fourth quarter.

Lithia & Driveway (LAD) reported a significant increase in revenue, EPS, and adjusted EPS for the third quarter of 2021. Revenue increased by 70% to $6.2 billion, EPS rose by 47% to $10.11, and adjusted EPS increased by 63% to $11.21. The company's performance was driven by strong growth in both new and used vehicle retail revenues, as well as contributions from e-commerce platforms and acquisitions.

Lithia & Driveway (LAD) reported record second-quarter results, with revenue increasing by 118% to $6.0 billion and earnings per share rising by 218% to $10.75. The company's performance was boosted by a robust retail environment and strong growth across new and used vehicle sales, as well as F&I and service, body, and parts revenues. Strategic acquisitions are expected to contribute $3.7 billion in annualized revenue.

Lithia Motors & Driveway (LAD) reported record first-quarter earnings, driven by its omni-channel strategy and strength across all business lines. Revenue increased by 55% to $4.3 billion, and net income per diluted share rose by 195% to $5.81.

Lithia Motors & Driveway reported a 21% increase in revenue to $3.9 billion and a 143% increase in net income per diluted share to $7.02 for the fourth quarter of 2020. Adjusted net income per diluted share was $5.46, an 85% increase. The company's strong performance, coupled with strategic acquisitions and the launch of Driveway, gives them confidence in their five-year plan.

Lithia Motors reported record third-quarter revenue and earnings per share. Revenue increased by 9% to $3.6 billion, and net income per diluted share rose by 88% to $6.86. The company's strong used vehicle performance and strategic cost-saving measures contributed to the highest quarterly earnings per share in its history.

Lithia Motors reported a revenue of $2.8 billion for Q2 2020. Net income increased by 26% to $78 million, with diluted earnings per share rising by 29% to $3.38. Adjusted diluted earnings per share reached $3.72, a 26% increase. The company's strong performance was attributed to improvements throughout the quarter and the activation of e-commerce digital home solutions.

Lithia Motors reported a revenue of $2.8 billion for Q1 2020. Net income was $46 million, with diluted earnings per share at $1.97. The results were impacted by the COVID-19 pandemic in March, offsetting strong performance in the earlier months of the quarter.

Lithia Motors reported a strong Q4 2019, with revenue increasing by 10% to a record $3.3 billion. Net income per diluted share increased by 14% to $2.89, and adjusted net income per diluted share increased by 15% to $2.95.