Lithia Motors Overview
- Year Founded
-
1946
- Status
-
Public
- Employees
-
27,446
- Stock Symbol
-
LAD
- Investments
-
171
- Share Price
-
$308.50
- (As of Monday Closing)
Lithia Motors General Information
Description
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 50 brands of vehicles at nearly 500 stores globally across the US, Canada, and UK. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the US and we expect more deals over time in the US and, at times, abroad. Annual revenue in 2023 was $31 billion and we see over $50 billion possible in a few years. The US was 90% of 2023 revenue and the UK second at 6%, the latter should rise to around 20% with the 2024 Pendragon acquisition. In 2023, new-car sales were about 49% of total revenue. Lithia was founded in 1946, went public in 1996, and is the largest US auto dealer. It is based in Medford, Oregon.
Contact Information
Website
www.lithiadriveway.comCorporate Office
- 150 North Bartlett
- Medford, OR 97501-5892
- United States
Corporate Office
- 150 North Bartlett
- Medford, OR 97501-5892
- United States
Lithia Motors Timeline
Lithia Motors Stock Performance
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $308.50 | $305.45 | $231.36 - $331.96 | $8.25B | 26.7M | 285K | $31.02 |
Lithia Motors Financials Summary
|
In Thousands, USD |
TTM 30-Jun-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
|---|---|---|---|---|
| EV | 19,792,567 | 19,084,333 | 12,745,066 | 13,098,206 |
| Revenue | 33,744,900 | 31,042,300 | 28,187,800 | 22,831,700 |
| EBITDA | 1,987,200 | 1,979,000 | 2,126,000 | 1,765,800 |
| Net Income | 851,700 | 1,000,800 | 1,251,000 | 1,060,100 |
| Total Assets | 23,205,200 | 19,632,500 | 15,006,600 | 11,146,900 |
| Total Debt | 14,102,500 | 11,328,400 | 7,994,200 | 4,961,200 |
Lithia Motors Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Lithia Motors Comparisons
Industry
Financing
Details
Lithia Motors Competitors (7)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| AutoNation | Corporation | Fort Lauderdale, FL | ||||
| America's Car-mart | Corporation | Rogers, AR | ||||
| Sonic Automotive | Formerly VC-backed | Charlotte, NC | ||||
| Penske Automotive Group | Formerly PE-Backed | Bloomfield Hills, MI | ||||
| Arnold Clark | Corporation | Glasgow, United Kingdom |
Lithia Motors Executive Team (24)
| Name | Title | Board Seat |
|---|---|---|
| Bryan Deboer | President, Chief Executive Officer & Board Member | |
| Tina Miller | Senior Vice President and Chief Financial Officer | |
| Adam Chamberlain | Chief Operating Officer, Operations & Executive Vice President | |
| George Hines | Chief Technology Officer, Technology & Executive | |
| David Stork JD | Chief Administrative Officer, Administration & Senior Vice President |
Lithia Motors Board Members (10)
| Name | Representing | Role | Since |
|---|---|---|---|
| Lithia Motors | President, Chief Executive Officer & Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member | ||
| Self | Board Member |
Lithia Motors Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Lithia Motors Investments & Acquisitions (171)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Duval Acura | 09-Sep-2024 | Automotive | |||
| Duval Honda | 09-Sep-2024 | Automotive | |||
| Subaru of Gainesville | 09-Sep-2024 | Automotive | |||
| Wheels (Illinois) | 27-Jun-2024 | Other Commercial Services | |||
| Sunrise Buick GMC at Wolfchase | 11-Jun-2024 | Merger/Acquisition | Other Services (B2C Non-Financial) |
Lithia Motors Subsidiaries (121)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Dah Chong Hong CA Trading | Specialty Retail | Medford, OR | 2019 |
| Lad Mobu | Specialty Retail | Medford, OR | |
| Hill Country Honda | Specialty Retail | San Antonio, TX | |
| Lithia Paramus-M | Specialty Retail | Paramus, NJ | |
| Lad-N | Specialty Retail | Los Angeles, CA |
Lithia Motors ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
10.19 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Retailing
Industry
of 508
Rank
Percentile
Automotive Retail
Subindustry
of 47
Rank
Percentile
Lithia Motors Exits (15)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Lithia Motors (Two Dealerships in Grand Forks, North Dakota) | 01-Jun-2023 | Completed |
|
||
| Hazleton Honda | 27-Aug-2019 | Completed |
|
||
| Shift Technologies | 10-Apr-2019 | Completed |
|
||
| West Herr Acura | 15-Jan-2018 | Completed |
|
||
| Lithia (2 Car Stores in Bennington) | 12-Sep-2016 | Corporate Asset Purchase | Completed |
Lithia Motors FAQs
-
When was Lithia Motors founded?
Lithia Motors was founded in 1946.
-
Who is the CEO of Lithia Motors?
Bryan Deboer is the CEO of Lithia Motors.
-
Where is Lithia Motors headquartered?
Lithia Motors is headquartered in Medford, OR.
-
What is the size of Lithia Motors?
Lithia Motors has 27,446 total employees.
-
What industry is Lithia Motors in?
Lithia Motors’s primary industry is Specialty Retail.
-
Is Lithia Motors a private or public company?
Lithia Motors is a Public company.
-
What is Lithia Motors’s stock symbol?
The ticker symbol for Lithia Motors is LAD.
-
What is the current stock price of Lithia Motors?
As of 14-Oct-2024 the stock price of Lithia Motors is $308.50.
-
What is the current market cap of Lithia Motors?
The current market capitalization of Lithia Motors is $8.25B.
-
What is Lithia Motors’s current revenue?
The trailing twelve month revenue for Lithia Motors is $33.7B.
-
Who are Lithia Motors’s competitors?
AutoNation, America's Car-mart, Sonic Automotive, Penske Automotive Group, and Arnold Clark are some of the 7 competitors of Lithia Motors.
-
What is Lithia Motors’s annual earnings per share (EPS)?
Lithia Motors’s EPS for 12 months was $31.02.
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