Lithia Motors Profit Margin 2010-2023 | LAD
Current and historical gross margin, operating margin and net profit margin for Lithia Motors (LAD) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Lithia Motors net profit margin as of December 31, 2023 is 2.87%.
| Lithia Motors Annual Profit Margins |
| Lithia Motors Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Retail and Wholesale Auto & Truck |
$6.916B |
$31.042B |
|
Lithia Motors, Inc. is one of the leading automotive retailers of new and used vehicles, and related services in the United States. The core brands offered by Lithia Motors include Chrysler, General Motors, Toyota, Subaru, Honda, Acura, Ford, BMW, MINI, Nissan and Hyundai. Lithia Motors offers tailored service complemented through its nationwide network. Further, it has the largest online inventory with competitive pricing on vehicles and service. Apart from a wide range of new and used vehicles, the company offers finance and insurance products, and automotive repair and maintenance. It focuses on diversification of products, services, brands and geographic locations to reduce dependence on one manufacturer along with reducing exposure to shifting consumer preferences. Lithia Motors has three reportable segments as follows: Domestic, Import and Luxury.
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