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Lithia Motors LAD Financing Operations — Accounts Receivable, Credit Loss Expense (Reversal)

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Other financials

Income statement

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Revenue$9.3B+1.0%
Gross profit$1.4B+0.8%
Operating income$335.8M-17.4%
Net income$100.4M-52.1%
EPS (diluted)$4.28-46.1%

Balance sheet

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Cash & equivalents$137.8M
Total debt$651.8M+9.2%
Total equity$6.4B-5.5%
Total assets$25.7B+9.7%

Cash flow

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Operating cash flow-$108.4M-134%
CapEx$97.1M+41.3%
Free cash flow-$205.5M-181%

Valuation

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Market cap$6.72B-24.6%
P/E9.5×-1.1×
P/S0.2×-0.1×

Profitability

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Gross margin15.2%-0.1pp
Operating margin4%-0.4pp
Net margin1.9%-0.4pp
FCF margin-0.8%-0.3pp

Returns & leverage

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Return on equity10.8%-2.1pp
Debt / equity0.1×0.0×
Current ratio-0.2×

Where this comes from

Reported directly by Lithia Motors in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: Lithia Motors’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lithia Motors's financing operations — accounts receivable, credit loss expense (reversal)?
Lithia Motors (LAD) reported financing operations — accounts receivable, credit loss expense (reversal) of $26.4M in Q1 2026.
How has Lithia Motors's financing operations — accounts receivable, credit loss expense (reversal) changed year-over-year?
Lithia Motors's financing operations — accounts receivable, credit loss expense (reversal) increased by 3.5% year-over-year, from $25.5M to $26.4M.
What is the long-term trend for Lithia Motors's financing operations — accounts receivable, credit loss expense (reversal)?
Over 3 years (2022 to 2025), Lithia Motors's financing operations — accounts receivable, credit loss expense (reversal) has grown at a 29.9% compound annual growth rate (CAGR), from $44.4M to $97.3M.
What does financing operations — accounts receivable, credit loss expense (reversal) mean?
This metric represents the periodic expense or reversal recognized to adjust the allowance for credit losses on the financing segment's loan and lease portfolio. It reflects management's assessment of potential defaults and uncollectible receivables within the automotive financing business. Monitoring this helps investors gauge the credit quality and risk profile of the company's lending activities.