Lithia Motors
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Lithia Motors's past years’ income statements indicate that its last revenue has increased compared to the previous period by 10% to $31,042,300,000. Profit margin reached 3%. Total operating expenses were $3,490,600,000.
Profit Margin
| 2014 | 5.39B | 138.72M | 2.57% |
|---|---|---|---|
| 2015 | 7.86B | 182.99M | 2.33% |
| 2016 | 8.67B | 197.05M | 2.27% |
| 2017 | 10.08B | 245.21M | 2.43% |
| 2018 | 11.82B | 265.7M | 2.25% |
| 2019 | 12.67B | 271.5M | 2.14% |
| 2020 | 13.12B | 470.3M | 3.58% |
| 2021 | 22.83B | 1.06B | 4.64% |
| 2022 | 28.23B | 1.25B | 4.43% |
| 2023 | 31.04B | 1.00B | 3.22% |
LAD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 31.04B | 28.23B | 22.83B | 13.12B | 12.67B | 11.82B | 10.08B | 8.67B | 7.86B | 5.39B |
Cost of revenue | 25.85B | 23.07B | 18.57B | 10.89B | 10.71B | 10.04B | 8.57B | 7.37B | 6.68B | 4.56B |
Gross profit | 5.18B | 5.15B | 4.25B | 2.22B | 1.95B | 1.77B | 1.51B | 1.30B | 1.17B | 823.32M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 248.2M | 253.6M | 162.2M | 97.4M | 111.9M | 108.7M | 93.31M | 81.36M | 69.59M | 46.65M |
Total operating expenses | 3.49B | 3.21B | 2.58B | 1.52B | 1.45B | 1.32B | 1.10B | 948.95M | 852.77M | 589.57M |
Operating income | 1.69B | 1.94B | 1.66B | 697.1M | 495M | 447M | 408.98M | 338.36M | 302.73M | 231.89M |
Other income (expenses), net | -330.1M | -211.1M | -183.1M | -48.6M | -119.6M | 7.5M | -61.91M | -20.09M | -40.03M | -21.40M |
Income before tax | 1.36B | 1.73B | 1.48B | 648.5M | 375.4M | 337.5M | 347.06M | 283.52M | 262.70M | 210.49M |
Income tax expense | 350.6M | 468.4M | 422.1M | 178.2M | 103.9M | 71.8M | 101.85M | 86.46M | 79.70M | 74.95M |
Net income | 1.00B | 1.25B | 1.06B | 470.3M | 271.5M | 265.7M | 245.21M | 197.05M | 182.99M | 138.72M |
Earnings per share | ||||||||||
Basic EPS | 36.39 | 44.36 | 36.81 | 19.76 | 11.7 | 10.89 | 9.78 | 7.84 | 6.96 | 5.31 |
Diluted EPS | 36.26 | 44.2 | 36.56 | 19.51 | 11.6 | 10.84 | 9.75 | 7.72 | 6.91 | 5.26 |
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