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Lithia Motors LAD Vehicle Operations — Goodwill

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$16.7M+3.1%

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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:Goodwill.

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 vehicle operations — goodwill?
Lithia Motors (LAD) reported vehicle operations — goodwill of $2.46B in Q1 2026.
How has Lithia Motors's vehicle operations — goodwill changed year-over-year?
Lithia Motors's vehicle operations — goodwill increased by 3.1% year-over-year, from $2.38B to $2.46B.
What is the long-term trend for Lithia Motors's vehicle operations — goodwill?
Over 2 years (2023 to 2025), Lithia Motors's vehicle operations — goodwill has grown at a 20.2% compound annual growth rate (CAGR), from $6.71B to $9.7B.
What does vehicle operations — goodwill mean?
This represents the intangible asset value recorded when the purchase price of a dealership or automotive business exceeds the fair market value of its identifiable net assets. It reflects the premium paid for brand reputation, customer loyalty, and synergistic potential within the vehicle operations segment.