Lithia Motors, Inc. (LAD) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 8.15B | 7.86B | 7.93B | 7.94B | 7.8B | 7.77B | 7.89B | 8.36B | 7.73B | 6.94B | 5.82B | 5.49B | 5.15B | 4.63B | 4.68B | 4.16B | 3.88B | 3.31B | 3.08B | 3.87B |
| Cash & Short-Term Investments | 421.3M | 341.8M | 419.5M | 406.6M | 430.3M | 402.2M | 359.5M | 674.8M | 404.6M | 941.4M | 256.2M | 199.7M | 299.4M | 246.7M | 233M | 113.2M | 161.4M | 174.8M | 137.8M | 780.9M |
| Cash Only | 421.3M | 341.8M | 417.1M | 404.4M | 430.3M | 402.2M | 359.5M | 674.8M | 404.6M | 941.4M | 256.2M | 199.7M | 299.4M | 246.7M | 233M | 113.2M | 161.4M | 174.8M | 137.8M | 780.9M |
| Short-Term Investments | 0 | 0 | 2.4M | 2.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.26B | 1.13B | 1.21B | 1.24B | 1.4B | 1.24B | 1.21B | 1.24B | 1.25B | 1.11B | 999.3M | 884.6M | 843.1M | 813.1M | 1B | 978.4M | 923.8M | 685.5M | 812.6M | 799.7M |
| Days Sales Outstanding | 11.63 | 11.74 | 11.64 | 12.51 | 12.92 | 12.27 | 12.23 | 12.28 | 12.51 | 12.62 | 10.47 | 9.69 | 10.69 | 12.04 | 12.5 | 11.95 | 10.8 | 10.92 | 12.02 | 11.66 |
| Inventory | 6.19B | 6.12B | 5.94B | 6.06B | 5.75B | 5.91B | 6.1B | 6.24B | 5.86B | 4.75B | 4.4B | 4.28B | 3.86B | 3.41B | 3.31B | 2.98B | 2.7B | 2.39B | 2.01B | 2.24B |
| Days Inventory Outstanding | 70.59 | 70.89 | 67.26 | 66.36 | 67.55 | 70.82 | 72.88 | 70.54 | 66.84 | 65.69 | 57.84 | 55.02 | 56.74 | 53.87 | 48.41 | 43.9 | 42.14 | 39.94 | 39.26 | 42.43 |
| Other Current Assets | 275.9M | 262.5M | 351.9M | 240.2M | 222.2M | 221.3M | 224M | 194.8M | 217.4M | 136.8M | 158.2M | 130.8M | 149.6M | 161.7M | 135.4M | 85.2M | 102.1M | 63.9M | 112.5M | 51.4M |
| Total Non-Current Assets | 17.6B | 17.25B | 16.59B | 16.22B | 15.68B | 15.36B | 15.37B | 14.85B | 14.45B | 12.69B | 12.45B | 12.19B | 11.27B | 10.38B | 9.39B | 8.85B | 8.2B | 7.84B | 7.13B | 6.22B |
| Property, Plant & Equipment | 4.99B | 4.94B | 5.41B | 5.4B | 5.32B | 5.29B | 5.39B | 5.34B | 5.26B | 4.46B | 4.42B | 4.4B | 4.19B | 3.96B | 3.85B | 3.78B | 3.64B | 3.45B | 2.72B | 2.55B |
| Fixed Asset Turnover | 1.87x | 1.78x | 1.79x | 1.79x | 1.73x | 1.72x | 1.72x | 1.74x | 1.76x | 1.73x | 1.88x | 1.89x | 1.71x | 1.78x | 1.91x | 1.95x | 1.89x | 2.05x | 2.34x | 2.39x |
| Goodwill | 0 | 0 | 2.44B | 2.45B | 2.4B | 2.12B | 2.13B | 2.12B | 2.08B | 1.93B | 1.73B | 1.61B | 1.52B | 1.46B | 1.46B | 1.24B | 1.02B | 977.3M | 740.3M | 617.3M |
| Intangible Assets | 5.24B | 5.25B | 2.77B | 2.79B | 2.74B | 2.55B | 2.58B | 2.57B | 2.54B | 2.4B | 2.15B | 2.02B | 1.93B | 1.86B | 1.87B | 1.44B | 956.7M | 799.1M | 608.4M | 369.7M |
| Long-Term Investments | 0 | 4.76B | 4.8B | 4.5B | 4.19B | 4.23B | 4.01B | 3.62B | 3.41B | 3.27B | 3.13B | 0 | 0 | 2.21B | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 7.36B | 2.3B | 1.17B | 1.08B | 1.03B | 1.17B | 1.27B | 1.2B | 1.16B | 629M | 1.03B | 4.16B | 3.63B | 889.9M | 2.22B | 2.39B | 2.58B | 2.61B | 3.06B | 2.68B |
| Total Assets | 25.75B | 25.11B | 24.52B | 24.16B | 23.48B | 23.13B | 23.26B | 23.21B | 22.18B | 19.63B | 18.27B | 17.68B | 16.42B | 15.01B | 14.07B | 13.01B | 12.08B | 11.15B | 10.2B | 10.09B |
| Asset Turnover | 0.36x | 0.37x | 0.40x | 0.40x | 0.39x | 0.40x | 0.40x | 0.41x | 0.41x | 0.40x | 0.46x | 0.48x | 0.44x | 0.48x | 0.54x | 0.58x | 0.58x | 0.59x | 0.61x | 0.66x |
| Asset Growth % | 9.67% | 8.56% | 5.41% | 4.12% | 5.86% | 17.8% | 27.32% | 31.23% | 35.07% | 30.83% | 29.81% | 35.94% | 35.93% | 34.63% | 37.92% | 28.88% | 46.41% | 41.06% | 59.55% | 82.21% |
| Total Current Liabilities | 8.2B | 6.7B | 6.53B | 6.51B | 6.62B | 6.55B | 6.66B | 7.02B | 6.59B | 4.93B | 4.38B | 4.05B | 3.95B | 3.18B | 2.83B | 2.61B | 2.83B | 2.4B | 2.18B | 2.6B |
| Accounts Payable | 0 | 0 | 336.7M | 371.4M | 356.3M | 333.7M | 301.3M | 380.4M | 327.6M | 288M | 307.3M | 297.7M | 320M | 258.4M | 241.3M | 266.5M | 260.5M | 235.4M | 248.1M | 256M |
| Days Payables Outstanding | - | - | 3.97 | 4.09 | 4 | 3.74 | 4.03 | 4.13 | 3.88 | 4.27 | 4.03 | 4.18 | 4.52 | 4.01 | 3.91 | 4.07 | 4.11 | 4.39 | 4.66 | 4.23 |
| Short-Term Debt | 6.46B | 5.01B | 4.98B | 4.97B | 5.04B | 5.1B | 5.24B | 5.44B | 5.09B | 3.75B | 3.2B | 2.89B | 2.75B | 2.14B | 1.78B | 1.59B | 1.67B | 1.41B | 1.23B | 1.74B |
| Deferred Revenue (Current) | 2.13B | 2.1B | 50.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | -389.3M | -415.2M | -50.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.99x | 1.17x | 1.21x | 1.22x | 1.18x | 1.19x | 1.18x | 1.19x | 1.17x | 1.41x | 1.33x | 1.36x | 1.30x | 1.46x | 1.66x | 1.59x | 1.38x | 1.38x | 1.41x | 1.49x |
| Quick Ratio | 0.24x | 0.26x | 0.30x | 0.29x | 0.31x | 0.28x | 0.27x | 0.30x | 0.28x | 0.44x | 0.32x | 0.30x | 0.33x | 0.38x | 0.49x | 0.45x | 0.42x | 0.38x | 0.49x | 0.63x |
| Cash Conversion Cycle | - | - | 74.93 | 74.78 | 76.48 | 79.34 | 81.09 | 78.7 | 75.48 | 74.03 | 64.28 | 60.54 | 62.91 | 61.9 | 57 | 51.78 | 48.83 | 46.47 | 46.63 | 49.87 |
| Total Non-Current Liabilities | 11.14B | 11.78B | 11.2B | 10.64B | 10.08B | 9.9B | 9.97B | 9.75B | 9.17B | 8.42B | 7.83B | 7.83B | 6.99B | 6.58B | 6.22B | 5.66B | 4.31B | 4.08B | 3.48B | 3.27B |
| Long-Term Debt | 3.22B | 8.53B | 9.16B | 8.72B | 8.26B | 8.17B | 8.17B | 8.03B | 7.47B | 7.16B | 6.59B | 6.61B | 5.85B | 5.51B | 5.22B | 4.72B | 3.4B | 3.19B | 2.59B | 2.52B |
| Capital Lease Obligations | 0 | 1.15B | 583.2M | 609.7M | 596.9M | 596.5M | 636.1M | 626.8M | 655.1M | 427.9M | 424M | 440.4M | 427.7M | 346.6M | 337.7M | 350M | 357.2M | 361.7M | 338.6M | 237.2M |
| Deferred Tax Liabilities | 531.3M | 0 | 530.6M | 491.2M | 460.5M | 397.1M | 455.8M | 409.7M | 378.9M | 349.3M | 323.6M | 308M | 290.6M | 286.3M | 254.5M | 207.6M | 203.7M | 191M | 172.9M | 178.8M |
| Other Non-Current Liabilities | 7.39B | 2.1B | 380.7M | 363.8M | 336.5M | 319.1M | 304.3M | 287.6M | 277.4M | 220.7M | 243.3M | 229.4M | 194.1M | 207.2M | 185.3M | 165.9M | 156.8M | 151.3M | 198.9M | 158.3M |
| Total Liabilities | 19.34B | 18.48B | 17.73B | 17.15B | 16.7B | 16.45B | 16.63B | 16.77B | 15.76B | 13.35B | 12.2B | 11.88B | 10.94B | 9.76B | 9.05B | 8.27B | 7.14B | 6.48B | 5.66B | 5.86B |
| Total Debt | 9.68B | 14.69B | 14.72B | 14.3B | 13.9B | 13.86B | 14.05B | 14.1B | 13.21B | 11.33B | 10.21B | 9.95B | 9.02B | 7.99B | 7.34B | 6.66B | 5.43B | 4.96B | 4.15B | 4.5B |
| Net Debt | 9.26B | 14.35B | 14.3B | 13.9B | 13.47B | 13.46B | 13.69B | 13.43B | 12.8B | 10.39B | 9.95B | 9.75B | 8.72B | 7.75B | 7.1B | 6.55B | 5.26B | 4.79B | 4.01B | 3.72B |
| Debt / Equity | 1.51x | 2.22x | 2.17x | 2.04x | 2.05x | 2.08x | 2.12x | 2.19x | 2.06x | 1.80x | 1.68x | 1.71x | 1.65x | 1.52x | 1.46x | 1.41x | 1.10x | 1.06x | 0.91x | 1.06x |
| Debt / EBITDA | 24.28x | 32.99x | 31.56x | 27.02x | 27.45x | 26.88x | 27.95x | 27.81x | 30.04x | 26.16x | 18.99x | 18.34x | 20.30x | 17.96x | 12.76x | 11.57x | 9.87x | 9.00x | 7.91x | 9.27x |
| Net Debt / EBITDA | 23.22x | 32.22x | 30.66x | 26.25x | 26.60x | 26.10x | 27.24x | 26.48x | 29.12x | 23.98x | 18.52x | 17.97x | 19.63x | 17.41x | 12.35x | 11.38x | 9.58x | 8.68x | 7.65x | 7.66x |
| Interest Coverage | 1.72x | 1.92x | 2.43x | 3.89x | 3.85x | 3.98x | 2.50x | 3.05x | 1.84x | 3.18x | 3.56x | 5.18x | 4.03x | 6.43x | 8.56x | 15.59x | 14.46x | 13.74x | 14.36x | 13.19x |
| Total Equity | 6.41B | 6.63B | 6.79B | 7.01B | 6.78B | 6.68B | 6.63B | 6.44B | 6.42B | 6.28B | 6.07B | 5.8B | 5.48B | 5.25B | 5.03B | 4.74B | 4.94B | 4.66B | 4.54B | 4.23B |
| Equity Growth % | -5.5% | -0.76% | 2.5% | 8.89% | 5.62% | 6.31% | 9.25% | 10.96% | 17.14% | 19.65% | 20.66% | 22.48% | 10.91% | 12.61% | 10.64% | 12.05% | 76.04% | 75.21% | 168.21% | 175.97% |
| Book Value per Share | 273.91 | 277.34 | 269.59 | 265.57 | 256.90 | 246.47 | 247.32 | 236.71 | 232.67 | 227.64 | 219.81 | 210.24 | 199.34 | 190.95 | 182.18 | 165.66 | 166.98 | 153.39 | 149.00 | 148.89 |
| Total Shareholders' Equity | 6.41B | 6.63B | 6.77B | 6.99B | 6.76B | 6.66B | 6.6B | 6.37B | 6.35B | 6.21B | 6B | 5.76B | 5.44B | 5.21B | 4.98B | 4.69B | 4.9B | 4.63B | 4.54B | 4.23B |
| Common Stock | 0 | 6.63B | 165.4M | 568.8M | 679.4M | 793.1M | 878.3M | 924M | 1.12B | 1.1B | 1.13B | 1.12B | 1.11B | 1.08B | 1.11B | 1.12B | 1.66B | 1.71B | 1.92B | 1.91B |
| Retained Earnings | 0 | 0 | 6.39B | 6.19B | 5.95B | 5.76B | 5.56B | 5.36B | 5.16B | 5.01B | 4.81B | 4.57B | 4.28B | 4.07B | 3.83B | 3.51B | 3.19B | 2.86B | 2.58B | 2.28B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 86.6M | 116.6M | 33.5M | -3.6M | 75.4M | 2.6M | 3.7M | 20.1M | -14.7M | 11.2M | -4.9M | -18M | -21.5M | -5.1M | 4.9M | -3M | -3.6M | -4.3M |
| Minority Interest | 0 | 0 | 24.9M | 24.5M | 24.4M | 23.9M | 23.5M | 70.7M | 70.2M | 69M | 70.4M | 47.1M | 44.5M | 44.9M | 44.5M | 45.9M | 38.2M | 36.8M | 1.9M | 0 |