Lithia Motors Inc
NYSE:LAD
Income Statement
Earnings Waterfall
Lithia Motors Inc
Revenue
|
32.6B
USD
|
Cost of Revenue
|
-27.3B
USD
|
Gross Profit
|
5.3B
USD
|
Operating Expenses
|
-3.6B
USD
|
Operating Income
|
1.7B
USD
|
Other Expenses
|
-747.7m
USD
|
Net Income
|
934.8m
USD
|
Income Statement
Lithia Motors Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
4 181
N/A
|
4 394
+5%
|
4 622
+5%
|
5 390
+17%
|
6 101
+13%
|
6 877
+13%
|
7 664
+11%
|
7 864
+3%
|
8 058
+2%
|
8 194
+2%
|
8 380
+2%
|
8 678
+4%
|
8 931
+3%
|
9 265
+4%
|
9 675
+4%
|
10 087
+4%
|
10 510
+4%
|
11 140
+6%
|
11 551
+4%
|
11 821
+2%
|
12 011
+2%
|
12 137
+1%
|
12 377
+2%
|
12 673
+2%
|
12 627
0%
|
12 164
-4%
|
12 452
+2%
|
13 124
+5%
|
14 664
+12%
|
17 914
+22%
|
20 464
+14%
|
22 832
+12%
|
25 194
+10%
|
26 425
+5%
|
27 551
+4%
|
28 188
+2%
|
28 456
+1%
|
29 328
+3%
|
30 309
+3%
|
31 042
+2%
|
32 619
+5%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(3 524)
|
(3 705)
|
(3 900)
|
(4 567)
|
(5 177)
|
(5 847)
|
(6 521)
|
(6 689)
|
(6 849)
|
(6 961)
|
(7 120)
|
(7 377)
|
(7 596)
|
(7 876)
|
(8 221)
|
(8 570)
|
(8 928)
|
(9 472)
|
(9 820)
|
(10 044)
|
(10 192)
|
(10 284)
|
(10 480)
|
(10 719)
|
(10 663)
|
(10 229)
|
(10 376)
|
(10 899)
|
(12 183)
|
(14 788)
|
(16 800)
|
(18 573)
|
(20 367)
|
(21 355)
|
(22 356)
|
(23 039)
|
(23 392)
|
(24 251)
|
(25 180)
|
(25 859)
|
(27 294)
|
|
Gross Profit |
657
N/A
|
689
+5%
|
722
+5%
|
823
+14%
|
925
+12%
|
1 030
+11%
|
1 143
+11%
|
1 176
+3%
|
1 209
+3%
|
1 234
+2%
|
1 260
+2%
|
1 301
+3%
|
1 336
+3%
|
1 389
+4%
|
1 455
+5%
|
1 516
+4%
|
1 583
+4%
|
1 668
+5%
|
1 731
+4%
|
1 777
+3%
|
1 820
+2%
|
1 852
+2%
|
1 897
+2%
|
1 954
+3%
|
1 964
+1%
|
1 935
-1%
|
2 076
+7%
|
2 226
+7%
|
2 480
+11%
|
3 126
+26%
|
3 664
+17%
|
4 259
+16%
|
4 827
+13%
|
5 070
+5%
|
5 195
+2%
|
5 148
-1%
|
5 064
-2%
|
5 076
+0%
|
5 129
+1%
|
5 183
+1%
|
5 325
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(469)
|
(486)
|
(511)
|
(591)
|
(666)
|
(740)
|
(836)
|
(853)
|
(882)
|
(904)
|
(910)
|
(949)
|
(974)
|
(1 017)
|
(1 074)
|
(1 108)
|
(1 166)
|
(1 247)
|
(1 294)
|
(1 344)
|
(1 371)
|
(1 394)
|
(1 423)
|
(1 464)
|
(1 489)
|
(1 443)
|
(1 481)
|
(1 535)
|
(1 643)
|
(1 965)
|
(2 257)
|
(2 571)
|
(2 875)
|
(3 064)
|
(3 185)
|
(3 259)
|
(3 303)
|
(3 351)
|
(3 414)
|
(3 483)
|
(3 643)
|
|
Selling, General & Administrative |
(448)
|
(464)
|
(488)
|
(565)
|
(635)
|
(705)
|
(796)
|
(811)
|
(839)
|
(859)
|
(863)
|
(900)
|
(923)
|
(965)
|
(1 019)
|
(1 049)
|
(1 104)
|
(1 180)
|
(1 223)
|
(1 268)
|
(1 293)
|
(1 314)
|
(1 342)
|
(1 381)
|
(1 405)
|
(1 356)
|
(1 392)
|
(1 443)
|
(1 546)
|
(1 860)
|
(2 141)
|
(2 444)
|
(2 738)
|
(2 919)
|
(3 033)
|
(3 095)
|
(3 135)
|
(3 173)
|
(3 226)
|
(3 287)
|
(3 437)
|
|
Depreciation & Amortization |
(21)
|
(22)
|
(23)
|
(26)
|
(31)
|
(35)
|
(40)
|
(42)
|
(44)
|
(46)
|
(48)
|
(49)
|
(50)
|
(52)
|
(55)
|
(58)
|
(62)
|
(67)
|
(71)
|
(75)
|
(78)
|
(80)
|
(81)
|
(82)
|
(85)
|
(87)
|
(89)
|
(92)
|
(97)
|
(105)
|
(117)
|
(127)
|
(137)
|
(145)
|
(152)
|
(163)
|
(168)
|
(179)
|
(188)
|
(196)
|
(206)
|
|
Operating Income |
188
N/A
|
203
+8%
|
210
+4%
|
232
+10%
|
259
+12%
|
290
+12%
|
308
+6%
|
323
+5%
|
327
+1%
|
329
+1%
|
349
+6%
|
352
+1%
|
362
+3%
|
372
+3%
|
381
+2%
|
409
+7%
|
417
+2%
|
421
+1%
|
437
+4%
|
433
-1%
|
449
+4%
|
459
+2%
|
475
+3%
|
490
+3%
|
475
-3%
|
492
+4%
|
595
+21%
|
690
+16%
|
837
+21%
|
1 162
+39%
|
1 407
+21%
|
1 688
+20%
|
1 951
+16%
|
2 006
+3%
|
2 010
+0%
|
1 890
-6%
|
1 761
-7%
|
1 725
-2%
|
1 715
-1%
|
1 700
-1%
|
1 683
-1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(20)
|
(20)
|
(20)
|
(25)
|
(29)
|
(34)
|
(38)
|
(39)
|
(41)
|
(43)
|
(45)
|
(49)
|
(52)
|
(57)
|
(66)
|
(74)
|
(85)
|
(98)
|
(108)
|
(118)
|
(126)
|
(131)
|
(133)
|
(133)
|
(131)
|
(122)
|
(112)
|
(64)
|
(107)
|
(118)
|
(150)
|
(64)
|
(82)
|
(96)
|
(102)
|
(207)
|
(219)
|
(246)
|
(284)
|
(344)
|
(410)
|
|
Non-Reccuring Items |
0
|
0
|
1
|
0
|
(4)
|
(10)
|
(15)
|
(20)
|
(19)
|
(17)
|
(16)
|
(14)
|
(11)
|
(7)
|
(4)
|
0
|
0
|
0
|
16
|
14
|
13
|
11
|
5
|
5
|
5
|
(0)
|
(10)
|
7
|
6
|
(3)
|
(8)
|
(20)
|
(15)
|
3
|
43
|
51
|
37
|
30
|
(18)
|
(7)
|
(28)
|
|
Total Other Income |
3
|
4
|
4
|
3
|
2
|
0
|
(1)
|
(1)
|
(2)
|
(3)
|
(5)
|
(6)
|
5
|
7
|
10
|
12
|
4
|
5
|
6
|
9
|
10
|
11
|
12
|
14
|
14
|
14
|
13
|
16
|
60
|
65
|
61
|
(119)
|
(111)
|
(121)
|
(125)
|
(4)
|
(5)
|
5
|
6
|
14
|
24
|
|
Pre-Tax Income |
171
N/A
|
187
+9%
|
195
+4%
|
210
+8%
|
228
+9%
|
246
+8%
|
253
+3%
|
263
+4%
|
265
+1%
|
266
+1%
|
284
+7%
|
284
+0%
|
305
+7%
|
315
+3%
|
322
+2%
|
347
+8%
|
336
-3%
|
329
-2%
|
351
+7%
|
338
-4%
|
346
+2%
|
350
+1%
|
359
+2%
|
375
+5%
|
362
-4%
|
385
+6%
|
486
+26%
|
649
+33%
|
796
+23%
|
1 107
+39%
|
1 310
+18%
|
1 485
+13%
|
1 743
+17%
|
1 792
+3%
|
1 826
+2%
|
1 730
-5%
|
1 574
-9%
|
1 513
-4%
|
1 419
-6%
|
1 362
-4%
|
1 269
-7%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(63)
|
(69)
|
(74)
|
(75)
|
(76)
|
(79)
|
(77)
|
(80)
|
(82)
|
(84)
|
(90)
|
(86)
|
(97)
|
(106)
|
(115)
|
(69)
|
(56)
|
(42)
|
(23)
|
(88)
|
(91)
|
(95)
|
(111)
|
(104)
|
(101)
|
(108)
|
(136)
|
(178)
|
(215)
|
(299)
|
(352)
|
(422)
|
(493)
|
(509)
|
(521)
|
(468)
|
(427)
|
(402)
|
(373)
|
(351)
|
(322)
|
|
Income from Continuing Operations |
108
|
118
|
122
|
136
|
152
|
168
|
176
|
183
|
183
|
183
|
193
|
197
|
207
|
209
|
207
|
278
|
280
|
287
|
328
|
250
|
254
|
256
|
248
|
272
|
261
|
277
|
351
|
470
|
580
|
808
|
958
|
1 063
|
1 250
|
1 283
|
1 304
|
1 262
|
1 147
|
1 111
|
1 045
|
1 012
|
947
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(3)
|
(4)
|
(10)
|
(10)
|
(11)
|
(10)
|
(8)
|
(10)
|
(11)
|
(12)
|
|
Net Income (Common) |
109
N/A
|
121
+12%
|
125
+3%
|
139
+11%
|
155
+11%
|
168
+8%
|
176
+5%
|
183
+4%
|
183
0%
|
183
+0%
|
193
+6%
|
197
+2%
|
207
+5%
|
209
+1%
|
207
-1%
|
245
+18%
|
247
+1%
|
254
+3%
|
295
+16%
|
266
-10%
|
270
+2%
|
271
+0%
|
263
-3%
|
272
+3%
|
261
-4%
|
277
+6%
|
351
+27%
|
470
+34%
|
580
+23%
|
808
+39%
|
957
+18%
|
1 060
+11%
|
1 246
+18%
|
1 273
+2%
|
1 294
+2%
|
1 251
-3%
|
1 137
-9%
|
1 103
-3%
|
1 035
-6%
|
1 001
-3%
|
935
-7%
|
|
EPS (Diluted) |
4.13
N/A
|
4.61
+12%
|
4.73
+3%
|
5.34
+13%
|
5.83
+9%
|
6.32
+8%
|
6.65
+5%
|
7.03
+6%
|
7.02
0%
|
7.16
+2%
|
7.64
+7%
|
7.57
-1%
|
8.19
+8%
|
8.33
+2%
|
8.25
-1%
|
9.8
+19%
|
9.78
0%
|
10.2
+4%
|
12.15
+19%
|
10.64
-12%
|
11.64
+9%
|
11.54
-1%
|
11.25
-3%
|
11.82
+5%
|
11.11
-6%
|
12.04
+8%
|
15.18
+26%
|
19.58
+29%
|
21.57
+10%
|
28.43
+32%
|
31.36
+10%
|
36.56
+17%
|
42.09
+15%
|
44.49
+6%
|
46.89
+5%
|
44.67
-5%
|
41.35
-7%
|
39.96
-3%
|
37.5
-6%
|
36.26
-3%
|
33.87
-7%
|