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Lithia Motors LAD Used vehicles — Total cost of sales

Other product segments

New vehicle
$4.12B
Aftersales
$428.2M+2.2%

Similar metrics at other companies

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ANUsed vehicle — TOTAL COST OF SALES
$1.84B+2.5%
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ANNew vehicle — TOTAL COST OF SALES
$2.87B-6.7%
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ANParts and service — TOTAL COST OF SALES
$627.5M+5.2%
Penske Automotive Group logo
PAGRetail automotive dealership — Total cost of sales
$5.84B+1.0%
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PAGNon-Automotive Investments — Total cost of sales
$0
Tesla, Inc. logo
TSLAAutomotive sales — Total cost of revenues
$12.62B+10.1%

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 used vehicles — total cost of sales?
Lithia Motors (LAD) reported used vehicles — total cost of sales of $3.3B in Q1 2026.
How has Lithia Motors's used vehicles — total cost of sales changed year-over-year?
Lithia Motors's used vehicles — total cost of sales increased by 7.8% year-over-year, from $3.06B to $3.3B.
What does used vehicles — total cost of sales mean?
This metric captures the direct costs associated with acquiring, reconditioning, and preparing used vehicles for retail sale within a specific segment. It includes the purchase price of the inventory and the labor or parts required to bring vehicles to retail standards. Monitoring this cost provides insight into inventory procurement efficiency and the impact of vehicle acquisition strategies on overall segment profitability.