What is Lithia Motors's lease vehicles — contract liability?

Lithia Motors (LAD) reported lease vehicles — contract liability of $140.2M in Q1 2026.

What does lease vehicles — contract liability mean?

This metric represents the deferred revenue or unearned income associated with vehicle leasing arrangements within the specific business segment. It reflects the obligation to provide future services or lease usage for which payment has already been received from customers. Monitoring this balance provides insight into the future revenue pipeline and the scale of the company's active lease portfolio.

Lithia Motors LAD Lease Vehicles — Contract liability

Other product segments

Aftersales

$516.1M—

Similar metrics at other companies

MACLease liabilities

$65.15M-0.5%

GTESLease liabilities

$135.5M+6.4%

TMHCLease liabilities

$72.82M-3.0%

VLYLease liabilities

$363.99M-7.7%

AVBLease liabilities

$163.52M-5.1%

CIMLease Liability

$293K—

Other financials

Income statement

See full

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

See full

Cash & equivalents$137.8M—

Total debt$651.8M+9.2%

Total equity$6.4B-5.5%

Total assets$25.7B+9.7%

Cash flow

See full

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

See full

Return on equity10.8%-2.1pp

Debt / equity0.1×0.0×

Current ratio1×-0.2×

Where this comes from

Reported directly by Lithia Motors in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.

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

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What is Lithia Motors's lease vehicles — contract liability?: Lithia Motors (LAD) reported lease vehicles — contract liability of $140.2M in Q1 2026.
What does lease vehicles — contract liability mean?: This metric represents the deferred revenue or unearned income associated with vehicle leasing arrangements within the specific business segment. It reflects the obligation to provide future services or lease usage for which payment has already been received from customers. Monitoring this balance provides insight into the future revenue pipeline and the scale of the company's active lease portfolio.