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Lithia Motors LAD Floor plan notes payable
Floor plan notes payable at other companies
Other financials
Where this comes from
Reported directly by Lithia Motors in its filing.
Tagged under the XBRL concept lad:FloorPlanNotesPayable.
The source filing: Lithia Motors’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:33 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001023128-26-000051
| (In millions; Unaudited) | June 30, 2026 | December 31, 2025 |
|---|---|---|
| Total assets | $26,245.8 | $25,107.2 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Floor plan notes payable | $1,986.2 | $1,992.6 |
| Floor plan notes payable: non-trade | 4,401.2 | 3,016.3 |
| Current maturities of long-term debt | 93.0 | 64.2 |
| Current maturities of non-recourse notes payable | 52.5 | 69.7 |
| Trade payables | 486.9 | 339.5 |
Item 1. Financial Statements
FAQ
- What is Lithia Motors's floor plan notes payable?
- Lithia Motors (LAD) reported floor plan notes payable of $1.99B in Q2 2026.
- How has Lithia Motors's floor plan notes payable changed year-over-year?
- Lithia Motors's floor plan notes payable decreased by 8.2% year-over-year, from $2.16B to $1.99B.
- What is the long-term trend for Lithia Motors's floor plan notes payable?
- Over 5 years (2020 to 2025), Lithia Motors's floor plan notes payable has grown at a 53.4% compound annual growth rate (CAGR), from $234.2M to $1.99B.
- What does floor plan notes payable mean?
- This represents short-term debt obligations specifically incurred to finance the purchase of new and used vehicle inventory. These liabilities are typically secured by the vehicles themselves and are repaid as the underlying inventory is sold. It is a critical measure of the company's leverage and its reliance on credit facilities to maintain operational inventory levels.
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