Lithia Motors Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Lithia Motors Inc (LAD). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Vehicle Operations | $13.13B 100.0% | $22.83B 100.0% · +73.9% | $28.19B 100.0% · +23.5% | $31.04B 100.0% · +10.1% | $36.19B 100.0% · +16.6% | $37.63B 100.0% · +4.0% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Vehicle Operations | $631.0M 4.8% | $1.67B 7.3% | $1.86B 6.6% | $1.60B 5.1% | $1.20B 3.3% | $1.22B 3.3% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| United States | $27.13B 96.3% | $27.98B 90.1% · +3.1% | $28.25B 78.1% · +1.0% | $29.55B 78.5% · +4.6% |
| United Kingdom | $0 0.0% | $1.90B 6.1% | $6.79B 18.8% · +256.4% | $6.91B 18.4% · +1.9% |
| Canada | $1.06B 3.7% | $1.16B 3.7% · +9.6% | $1.15B 3.2% · -0.5% | $1.17B 3.1% · +1.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by product line
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| New vehicle | – | – | – | $15.60B 50.3% | $18.32B 50.6% · +17.4% | $18.70B 49.7% · +2.1% |
| Used vehicles | – | – | – | $10.90B 35.1% | $12.63B 34.9% · +15.9% | $13.37B 35.5% · +5.9% |
| Aftersales | – | – | $2.74B 9.7% | $3.21B 10.3% · +17.1% | $3.82B 10.6% · +19.1% | $4.09B 10.9% · +7.0% |
| Finance and insurance | $579.8M 4.4% | $1.05B 4.6% · +81.3% | $1.29B 4.6% · +22.3% | $1.34B 4.3% · +4.0% | $1.42B 3.9% · +6.0% | $1.47B 3.9% · +3.9% |
| New vehicle retail | $6.77B 51.6% | $11.20B 49.0% · +65.3% | $12.89B 45.7% · +15.2% | – | – | – |
| Used vehicle retail | $4.00B 30.5% | $7.26B 31.8% · +81.5% | $9.43B 33.4% · +29.9% | – | – | – |
| Used vehicle wholesale | $310.9M 2.4% | $957.1M 4.2% · +207.8% | $1.43B 5.1% · +48.9% | – | – | – |
| Service, body and parts | $1.35B 10.3% | $2.11B 9.2% · +56.5% | – | – | – | – |
| Fleet and other | $114.8M 0.9% | $259.4M 1.1% · +126.0% | $418.9M 1.5% · +61.5% | – | – | – |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 11, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.