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Lithia Motors LAD New vehicle — Total cost of sales

Other product segments

Used vehicles
$3.31B
Aftersales
$434.4M+0.3%

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Other financials

Income statement

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Revenue$9.8B+2.2%
Gross profit$1.5B+0.8%
Operating income$448.3M+5.4%
Net income$260.0M+1.5%
EPS (diluted)$11.54+16.9%

Balance sheet

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Cash & equivalents$137.8M
Total debt$650.6M+6.7%
Total equity$6.4B-8.4%
Total assets$26.2B+8.6%

Cash flow

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Operating cash flow-$65.7M-806%
CapEx$56.3M-29.7%
Free cash flow-$122.0M

Valuation

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Market cap$8.1B+6.4%
P/E11.3×+2.8×
P/S0.2×0.0×

Profitability

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Gross margin15.2%-0.2pp
Operating margin4.1%-0.4pp
Net margin1.9%-0.5pp
FCF margin-1.3%

Returns & leverage

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Return on equity10.7%-2.7pp
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:CostOfGoodsAndServicesSold.

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, except per share amounts; Unaudited)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Aftersales1,067.41,027.42,110.32,010.4
Total revenues9,791.39,583.019,062.718,761.2
Cost of sales
New vehicle retail4,545.24,390.18,665.08,677.1
Used vehicle retail3,314.33,273.06,616.06,334.8
Aftersales434.4434.8862.6853.9
Total cost of sales8,293.98,097.916,143.615,865.8
Gross profit1,497.41,485.12,919.12,895.4

Item 1. Financial Statements

FAQ

What is Lithia Motors's new vehicle — total cost of sales?
Lithia Motors (LAD) reported new vehicle — total cost of sales of $4.55B in Q2 2026.
How has Lithia Motors's new vehicle — total cost of sales changed year-over-year?
Lithia Motors's new vehicle — total cost of sales increased by 3.5% year-over-year, from $4.39B to $4.55B.
What does new vehicle — total cost of sales mean?
This metric captures the direct costs associated with acquiring and preparing new vehicles for sale, including the purchase price paid to manufacturers and related logistics expenses. It serves as a primary indicator of the company's ability to manage inventory procurement costs and maintain margins within the new vehicle segment. Monitoring this cost structure is essential for evaluating operational efficiency and the impact of supply chain dynamics on profitability.

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