Lithia Motors, Inc. (LAD) financial statements (2021 and earlier)

Company profile

Business Address 150 NORTH BARTLETT STREET
MEDFORD, OR 97501
State of Incorp. OR
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments842745453231
Cash and cash equivalents842745453231
Receivables505460489491529471
Inventory, net of allowances, customer advances and progress billings2,4342,3862,4322,4412,3652,276
Inventory2,4342,3862,4322,4412,3652,276
Other current assets485766516548
Total current assets:3,0712,9303,0323,0282,9912,826
Noncurrent Assets
Operating lease, right-of-use asset252250255 
Property, plant and equipment1,6121,4831,4631,4541,4481,249
Long-term investments and receivables   38  
Accounts and financing receivable, after allowance for credit loss   38  
Intangible assets, net (including goodwill)761766766765724613
Goodwill455457457457435357
Intangible assets, net (excluding goodwill)307309309308289256
Other noncurrent assets389310259195221487
Other undisclosed noncurrent assets   212  
Total noncurrent assets:3,0132,8082,7432,6642,3932,349
TOTAL ASSETS:6,0845,7385,7755,6925,3845,175
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities462455456434410373
Accounts payable125127129119126114
Accrued liabilities337328327315284260
Debt392625252634
Other undisclosed current liabilities2,0682,0022,1242,1262,0581,956
Total current liabilities:2,5692,4832,6052,5852,4942,363
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,4311,2881,3241,2961,3581,287
Finance lease, liability302930 
Operating lease, liability239235240 
Other undisclosed long-term debt and lease obligation1,1631,0231,0541,2961,3581,287
Liabilities, other than long-term debt378372330229244241
Deferred revenue138134129 
Contract with customer, liability124122118
Deferred income tax liabilities13113099 
Other liabilities109108102105122124
Other undisclosed noncurrent liabilities2392352403329178
Total noncurrent liabilities:2,0471,8951,8951,8561,6931,606
Total liabilities:4,6164,3784,5004,4424,1873,969
Stockholders' equity
Stockholders' equity attributable to parent, including:1,4681,3591,2751,2511,1971,205
Additional paid in capital463 283546
Accumulated other comprehensive loss(1)(2)(1)   
Retained earnings1,4021,3411,2631,2131,1621,109
Other undisclosed stockholders' equity attributable to parent21171310050
Total stockholders' equity:1,4681,3591,2751,2511,1971,205
TOTAL LIABILITIES AND EQUITY:6,0845,7385,7755,6925,3845,175

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Revenues3,2693,3323,2222,8502,9733,092
Cost of revenue(2,770)(2,822)(2,728)(2,399)(2,531)(2,626)
Gross profit:499511494451442466
Operating expenses(376)(364)(377)(342)(335)(329)
Operating income:123147117109107138
Nonoperating income
(Other Nonoperating income)
533332
Interest and debt expense(16)(15)(15)(15)(15)(15)
Income from continuing operations before equity method investments, income taxes:1121351059695125
Other undisclosed loss from continuing operations before income taxes(17)(18)(19)(18)(17)(16)
Income from continuing operations before income taxes:95117867878109
Income tax expense(27)(32)(24)(21)(18)(16)
Net income available to common stockholders, diluted:688562566093

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
Net income:688562566093
Comprehensive income:688562566093
Other undisclosed comprehensive income (loss), net of tax, attributable to parent1(1)(1)   
Comprehensive income, net of tax, attributable to parent:698461566093

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: