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LITHIA MOTORS (LAD)

Earnings summaries and quarterly performance for LITHIA MOTORS.

Research analysts who have asked questions during LITHIA MOTORS earnings calls.

Rajat Gupta

JPMorgan Chase & Co.

6 questions for LAD

Also covers: ABG, ACVA, AN +10 more

Ryan Sigdahl

Craig-Hallum Capital Group

6 questions for LAD

Also covers: ABG, CDRO, CNTY +19 more

Bret Jordan

Jefferies

5 questions for LAD

Also covers: AAP, ABG, AN +19 more

Jeff Lick

Stephens Inc.

5 questions for LAD

Also covers: ABG, AN, BOOT +9 more

Christopher Bottiglieri

BNP Paribas

4 questions for LAD

Also covers: CPRT, CVNA, KMX +2 more

Daniela Haigian

Morgan Stanley

4 questions for LAD

Also covers: AN, CVNA, GPI +2 more

Michael Ward

Citi Research

4 questions for LAD

Also covers: AFL, AN, CPS +13 more

Colin Langan

Wells Fargo & Company

3 questions for LAD

Also covers: ADNT, ALV, AN +11 more

Douglas Dutton

Evercore ISI

3 questions for LAD

Also covers: AN, AUR, EVGO +1 more

Federico Merendi

Bank of America

3 questions for LAD

Also covers: ABG, AXL, F +6 more

John Murphy

Bank of America

3 questions for LAD

Also covers: ABG, ADNT, AN +16 more

Mark Jordan

Goldman Sachs Group, Inc.

3 questions for LAD

Also covers: AZO, DRVN, GPC +1 more

Michael Albanese

The Benchmark Company, LLC

3 questions for LAD

Also covers: DRVN, HZO, MBUU +4 more

Glenn Chin

Seaport Research Partners

2 questions for LAD

Also covers: ABG, GPI, THRM

Christopher James Bottiglieri

BNP Paribas Exane

1 question for LAD

Also covers: KMX

Colin Lambie

Wells Fargo

1 question for LAD

Colin Lambien

Wells Fargo

1 question for LAD

David Whiston

Morningstar, Inc.

1 question for LAD

Also covers: ABG, AN, GNTX +4 more

Jamesmichael Sherman-Lewis

Citigroup Inc.

1 question for LAD

Also covers: CARG, KIND

Jeffrey Francis Lick

Stephens Inc.

1 question for LAD

Also covers: AN, KMX

Mark David Jordan

Goldman Sachs

1 question for LAD

Ronald Jewsikow

Guggenheim Partners

1 question for LAD

Also covers: GNTX, GPI, PAG +2 more

Ronald Josey

Citigroup Inc.

1 question for LAD

Also covers: ABNB, ACVA, AMZN +18 more

Ron Jewsikow

Guggenheim Securities, LLC

1 question for LAD

Also covers: GNTX, RIVN

Recent press releases and 8-K filings for LAD.

Lithia & Driveway (LAD) Provides Share Repurchase Update and Expands in Canada
LAD
Share Buyback
M&A
New Projects/Investments
  • In the recent quarter, Lithia & Driveway (LAD) invested $274 million to repurchase nearly 875,000 shares at a weighted average price of $313, representing 3.3% of outstanding shares.
  • Year-to-date, LAD has repurchased 2.98 million shares for nearly $933 million at a weighted average price of $313, representing 11.3% of outstanding shares, with $636 million remaining under the existing authorization.
  • LAD completed the acquisition of Fines Ford in the Greater Toronto Area, Canada, which is expected to increase annualized revenue by $100 million.
  • This acquisition contributes to LAD's total year-to-date expected annualized revenue from acquisitions of $2.2 billion.
Dec 2, 2025, 10:30 AM
Lithia & Driveway Acquires Porsche Beverly Hills and Santa Monica Audi
LAD
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Lithia & Driveway (NYSE: LAD) announced the acquisition of Porsche Beverly Hills and Santa Monica Audi, a transaction projected to contribute nearly $450 million in annual revenues to the company.
  • The acquired dealerships are located in the affluent West Side of Los Angeles, which is considered a prestigious luxury automotive market in the United States.
  • MD Johnson Inc. advised Geoff Emery, the President and CEO of the acquired dealerships, on the sale.
Nov 12, 2025, 2:00 PM
Lithia & Driveway Expands Luxury Network and Recognized as Growth Leader
LAD
M&A
New Projects/Investments
Revenue Acceleration/Inflection
  • Lithia & Driveway (LAD) announced the acquisition of Porsche Beverly Hills and Audi Santa Monica, which are estimated to bring $450 million in annualized revenue.
  • These acquisitions contribute to LAD's total year-to-date expected annualized revenue acquired of $2.1 billion, financed using existing on-balance sheet capacity.
  • The company anticipates these luxury stores will deliver meaningful, accretive earnings and align with their disciplined return hurdle rates.
  • Additionally, LAD has been ranked #165 on TIME's list of America's Growth Leaders of 2026.
Nov 11, 2025, 10:30 AM
Lithia & Driveway Expands Retail Network and Receives Workplace Recognition
LAD
M&A
New Projects/Investments
  • Lithia & Driveway (LAD) acquired three Hyundai dealerships in Orange County, California, projected to add an estimated $440 million in annualized revenue.
  • This strategic purchase increases LAD's network density and import mix in Southern California, bringing the total year-to-date expected annualized U.S. revenue acquired to $1.16 billion. The acquisition was financed using existing on-balance sheet capacity and purchased for less than 10% of revenues.
  • The acquisitions also complement LAD's electrification strategy, with BEVs representing 10% of LAD's new retail sales in Q3, up from 8% in prior quarters.
  • Additionally, eight of LAD's Canadian dealerships were named to Automotive News' 2025 Canada Best Dealerships To Work For list, representing 20 percent of all recognized dealerships.
Oct 28, 2025, 9:30 AM
LAD Reports Strong Q3 2025 Financial Performance
LAD
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • LAD reported strong Q3 2025 financial results, with quarterly revenue of $9.7 billion, up 4.9% year-over-year, and adjusted diluted EPS of $9.5, an increase of 17%. Adjusted EBITDA grew 7.7% to $438 million.
  • The company achieved significant growth in key segments, including an 11.8% increase in used retail revenue and a 9.1% rise in aftersales gross profit, with aftersales margins expanding to 58.4%. Same store revenue increased 7.7%.
  • Cost discipline was evident, with North America adjusted SG&A remaining flat sequentially at 64.8%.
  • LAD actively returned capital to shareholders, repurchasing 5.1% of outstanding shares in Q3 2025 at an average price of $312. Year-to-date, 8% of outstanding shares have been repurchased.
  • Driveway Finance Corporation (DFC) continued to scale, contributing $19 million in financing operations income for the quarter, and achieving a North America penetration rate of 14.5%.
Oct 22, 2025, 2:00 PM
LAD Reports Strong Q3 2025 Financial Results with Double-Digit EPS Growth and Significant Share Buybacks
LAD
Earnings
Share Buyback
M&A
  • LAD reported strong Q3 2025 financial results, with revenue of $9.7 billion, up 4.9% year-over-year, and adjusted diluted EPS of $9.50, an increase of 17%. Adjusted EBITDA also increased 7.7% year-over-year to $438 million.
  • The company experienced robust growth in key business lines, with same-store revenue increasing 7.7%, used retail revenue up 11.8%, and after-sales gross profit rising 9.1%.
  • LAD generated $174 million in free cash flow and focused on returning capital to shareholders, repurchasing 5.1% of outstanding shares in Q3 2025 at an average price of $312.
  • The company reiterated its $2 billion acquisition revenue estimate for 2025, maintaining a disciplined approach with a 15% minimum after-tax return.
  • Adjusted SG&A as a percentage of gross profit was 67.9%, with North America's adjusted SG&A remaining flat sequentially at 64.8%, reflecting cost discipline.
Oct 22, 2025, 2:00 PM
LAD Reports Q3 2025 Financial Results and DFC Performance
LAD
Earnings
Guidance Update
New Projects/Investments
  • LAD reported total revenues of $9,583.0 million and operating income of $425.3 million for Q3 2025.
  • The Driveway Finance Corporation (DFC) achieved $732 million in originations at an average APR of 8.8% in Q3 2025, contributing $20.1 million to financing operations income. DFC's portfolio size reached $3.5 billion YTD Q3 2025, with DFC loans being approximately 3X more profitable than third-party loans.
  • Aftersales revenue for Q3 2025 was $1,023.4 million, with customer pay comprising 57% of the revenue mix, and margins are projected to be 55% to 58% for 2025.
  • For YTD 2025, adjusted diluted earnings per share attributable to LAD was $26.60.
Oct 22, 2025, 2:00 PM
Lithia & Driveway Reports Record Q3 2025 Revenue and Increased Earnings
LAD
Earnings
Dividends
Share Buyback
  • Lithia & Driveway (LAD) reported record third quarter 2025 revenue of $9.7 billion, a 5% increase from the same period in 2024, with revenues for the first nine months of 2025 reaching $28.4 billion.
  • Diluted earnings per share attributable to LAD for Q3 2025 increased 11% to $8.61, and adjusted diluted earnings per share rose 17% to $9.50 compared to Q3 2024.
  • The company announced a dividend of $0.55 per share for Q3 2025 and repurchased 5.1% of outstanding shares during the quarter, totaling 8.0% for the first nine months of 2025.
  • In September 2025, LAD expanded its network with acquisitions expected to add $220 million in annualized revenue, contributing to a year-to-date total of $620 million in acquired annualized revenues as of September 30, 2025.
Oct 22, 2025, 12:35 PM
Lithia & Driveway Reports Record Third Quarter Revenue and Increased Earnings Per Share
LAD
Earnings
Dividends
Share Buyback
  • Lithia & Driveway (LAD) achieved record third quarter 2025 revenue of $9.7 billion, representing a 5% increase from the third quarter of 2024.
  • Diluted earnings per share attributable to LAD increased 11% to $8.61, and adjusted diluted earnings per share rose 17% to $9.50 in the third quarter of 2025 compared to the same period in the prior year.
  • The company repurchased 5.1% of outstanding shares during the third quarter of 2025 and declared a dividend of $0.55 per share for the quarter.
  • Total revenue on a same store basis increased by 7.7% in the third quarter of 2025 compared to the third quarter of 2024.
Oct 22, 2025, 9:30 AM
Lithia & Driveway Acquires Stivers Subaru in Decatur, Ga.
LAD
M&A
New Projects/Investments
  • Lithia & Driveway (NYSE: LAD) acquired Stivers Subaru in Decatur, Ga., with the transaction finalizing on October 13.
  • The acquisition expands Lithia's presence in the metro Atlanta market, identified by CEO Bryan DeBoer as a key growth market.
  • This transaction marks Lithia's seventh involving The Presidio Group in the last five years.
  • Subaru is considered a highly sought-after brand in the market, consistently ranking among retailers' most desirable brands.
Oct 14, 2025, 11:57 AM