Lithia Motors Gross Profit 2010-2024 | LAD

Lithia Motors annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Lithia Motors gross profit for the quarter ending March 31, 2024 was $1.335B, a 10.21% increase year-over-year.
  • Lithia Motors gross profit for the twelve months ending March 31, 2024 was $5.353B, a 5.25% increase year-over-year.
  • Lithia Motors annual gross profit for 2023 was $5.229B, a 1.48% increase from 2022.
  • Lithia Motors annual gross profit for 2022 was $5.152B, a 20.98% increase from 2021.
  • Lithia Motors annual gross profit for 2021 was $4.259B, a 91.48% increase from 2020.
Lithia Motors Annual Gross Profit
(Millions of US $)
2023 $5,229
2022 $5,152
2021 $4,259
2020 $2,224
2019 $1,954
2018 $1,777
2017 $1,516
2016 $1,301
2015 $1,176
2014 $823
2013 $631
2012 $539
2011 $445
2010 $363
2009 $327
Lithia Motors Quarterly Gross Profit
(Millions of US $)
2024-03-31 $1,335
2023-12-31 $1,261
2023-09-30 $1,371
2023-06-30 $1,385
2023-03-31 $1,212
2022-12-31 $1,209
2022-09-30 $1,314
2022-06-30 $1,351
2022-03-31 $1,278
2021-12-31 $1,244
2021-09-30 $1,189
2021-06-30 $1,111
2021-03-31 $716
2020-12-31 $647
2020-09-30 $652
2020-06-30 $464
2020-03-31 $461
2019-12-31 $499
2019-09-30 $511
2019-06-30 $494
2019-03-31 $451
2018-12-31 $442
2018-09-30 $466
2018-06-30 $461
2018-03-31 $408
2017-12-31 $396
2017-09-30 $403
2017-06-30 $375
2017-03-31 $342
2016-12-31 $335
2016-09-30 $337
2016-06-30 $322
2016-03-31 $307
2015-12-31 $293
2015-09-30 $311
2015-06-30 $298
2015-03-31 $273
2014-12-31 $261
2014-09-30 $198
2014-06-30 $192
2014-03-31 $172
2013-12-31 $159
2013-09-30 $165
2013-06-30 $160
2013-03-31 $146
2012-12-31 $138
2012-09-30 $143
2012-06-30 $134
2012-03-31 $124
2011-12-31 $106
2011-09-30 $120
2011-06-30 $117
2011-03-31 $102
2010-12-31 $79
2010-09-30 $103
2010-06-30 $95
2010-03-31 $86
2009-12-31 $65
2009-09-30 $95
2009-06-30 $86
2009-03-31 $80
Sector Industry Market Cap Revenue
Retail/Wholesale Retail and Wholesale Auto & Truck $7.233B $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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