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Lithia Motors LAD New vehicle — Total cost of sales

Other product segments

Used vehicles
$3.3B
Aftersales
$428.2M+2.2%

Similar metrics at other companies

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ANNew vehicle — TOTAL COST OF SALES
$2.87B-6.7%
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ANUsed vehicle — TOTAL COST OF SALES
$1.84B+2.5%
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PAGCommercial vehicle distribution and other — Total cost of sales
$155.7M-6.9%
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ANParts and service — TOTAL COST OF SALES
$627.5M+5.2%
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TSLAAutomotive sales — Total cost of revenues
$12.62B+10.1%
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PAGRetail automotive dealership — Total cost of sales
$5.84B+1.0%

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:CostOfGoodsAndServicesSold.

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 new vehicle — total cost of sales?
Lithia Motors (LAD) reported new vehicle — total cost of sales of $4.12B in Q1 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 decreased by 3.9% year-over-year, from $4.29B to $4.12B.
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.