Lithia Motors LAD Vehicle Operations — Rent and Facility Expense
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Where this comes from
Reported directly by Lithia Motors in its filing.
Tagged under the XBRL concept lad:RentAndFacilityExpense.
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 — rent and facility expense?
- Lithia Motors (LAD) reported vehicle operations — rent and facility expense of $202.2M in Q1 2026.
- How has Lithia Motors's vehicle operations — rent and facility expense changed year-over-year?
- Lithia Motors's vehicle operations — rent and facility expense increased by 10.9% year-over-year, from $182.4M to $202.2M.
- What is the long-term trend for Lithia Motors's vehicle operations — rent and facility expense?
- Over 3 years (2022 to 2025), Lithia Motors's vehicle operations — rent and facility expense has grown at a 16.9% compound annual growth rate (CAGR), from $466.7M to $745.7M.
- What does vehicle operations — rent and facility expense mean?
- This captures the costs associated with leasing and maintaining the physical dealership locations and service centers. It reflects the fixed cost burden required to support the company's retail footprint and geographic presence.