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Lithia Motors LAD Vehicle Operations — Other Vehicle Operations Expenses

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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 lad:OtherVehicleOperationsExpenses.

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 — other vehicle operations expenses?
Lithia Motors (LAD) reported vehicle operations — other vehicle operations expenses of $310.1M in Q1 2026.
How has Lithia Motors's vehicle operations — other vehicle operations expenses changed year-over-year?
Lithia Motors's vehicle operations — other vehicle operations expenses increased by 11.5% year-over-year, from $278.2M to $310.1M.
What is the long-term trend for Lithia Motors's vehicle operations — other vehicle operations expenses?
Over 3 years (2022 to 2025), Lithia Motors's vehicle operations — other vehicle operations expenses has grown at a 21.5% compound annual growth rate (CAGR), from $625.7M to $1.12B.
What does vehicle operations — other vehicle operations expenses mean?
This metric represents the residual operating costs associated with vehicle retail activities that are not categorized under labor, rent, advertising, or floor plan interest. It captures the diverse overhead required to maintain dealership operations, such as utilities, insurance, and administrative supplies. Monitoring this figure helps assess the company's ability to manage non-core operational costs as the dealership network scales.