at lithia our success is driven by a passion for cars and for serving our customers. lithia auto stores is one of the largest and most trusted automotive retailers in the u.s., providing outstanding sales, service, parts, and auto financing to urban and rural customers in 14 states. lithia’s road to success has taken us from a single dealership in ashland, oregon to a publicly traded company with approximately 130 locations. join an auto retailer that believes our growth relies on the growth of our people. members of team lithia get the tools they need to succeed, including ongoing training in a promote-from-within culture. our early beginnings were the road map leading us to a present day. a journey filled with healthy challenges and exciting opportunities. we’re a company that believes in our core values and living them through personal ownership, an entrepreneurial spirit, high standards and best practices, while thriving in a dynamic work place. come “take the journey with us
Company profile
Ticker
LAD
Exchange
Website
CEO
Bryan DeBoer
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
797 Valley Street LLC • 6200 Centennial Center Holdco, LLC • 7150 West Sahara Holdco, LLC • 7200 West Sahara Property Holdco II, LLC • Ann Arbor-B, LLC • Ann Arbor-CC, LLC • Ann Arbor-CJD, LLC • Ann Arbor-M, LLC • Austin-H, Inc. • Austin-KI, Inc. ...
IRS number
930572810
LAD stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
11 Mar 24
DEF 14A
Definitive proxy
11 Mar 24
8-K
Entry into a Material Definitive Agreement
27 Feb 24
10-K
2023 FY
Annual report
23 Feb 24
8-K
Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase
14 Feb 24
UPLOAD
Letter from SEC
1 Feb 24
CORRESP
Correspondence with SEC
18 Jan 24
UPLOAD
Letter from SEC
12 Jan 24
8-K
Departure of Directors or Certain Officers
17 Nov 23
10-Q
2023 Q3
Quarterly report
27 Oct 23
Transcripts
LAD
Earnings call transcript
2023 Q4
14 Feb 24
LAD
Earnings call transcript
2023 Q3
25 Oct 23
LAD
Earnings call transcript
2023 Q2
26 Jul 23
LAD
Earnings call transcript
2023 Q1
19 Apr 23
LAD
Earnings call transcript
2022 Q4
15 Feb 23
LAD
Earnings call transcript
2022 Q3
19 Oct 22
LAD
Earnings call transcript
2022 Q2
20 Jul 22
LAD
Earnings call transcript
2022 Q1
20 Apr 22
LAD
Earnings call transcript
2021 Q4
9 Feb 22
LAD
Earnings call transcript
2021 Q3
20 Oct 21
Latest ownership filings
4
Kenneth E Roberts
18 Mar 24
144
Notice of proposed sale of securities
4 Mar 24
4
Kenneth E Roberts
1 Mar 24
4
SIDNEY B DEBOER
1 Mar 24
4
Shauna McIntyre
20 Feb 24
144
Notice of proposed sale of securities
16 Feb 24
SC 13G
HARRIS ASSOCIATES L P
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
BARROW HANLEY MEWHINNEY & STRAUSS LLC
13 Feb 24
SC 13G/A
ABRAMS CAPITAL MANAGEMENT, L.P.
9 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 286.70 mm | 286.70 mm | 286.70 mm | 286.70 mm | 286.70 mm | 286.70 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) | 22.48 mm |
Cash used (since last report) | n/a | n/a | n/a | n/a | n/a | 134.00 mm |
Cash remaining | n/a | n/a | n/a | n/a | n/a | 152.70 mm |
Runway (months of cash) | n/a | n/a | n/a | n/a | n/a | 6.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 387 |
Opened positions | 55 |
Closed positions | 36 |
Increased positions | 112 |
Reduced positions | 144 |
13F shares | Current |
---|---|
Total value | 8.27 tn |
Total shares | 29.61 mm |
Total puts | 320.20 k |
Total calls | 359.50 k |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 2.81 mm | $829.11 bn |
Abrams Capital Management | 2.39 mm | $706.19 bn |
BLK Blackrock | 2.37 mm | $699.23 bn |
Harris Associates L P | 1.65 mm | $486.54 bn |
Barrow Hanley Mewhinney & Strauss | 1.59 mm | $469.55 bn |
MFN Partners Management | 1.55 mm | $458.08 bn |
MFN Partners | 1.55 mm | $287.93 mm |
Brave Warrior Advisors | 882.91 k | $260.75 bn |
STT State Street | 793.54 k | $234.36 bn |
Dimensional Fund Advisors | 787.04 k | $232.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 24 | Roberts Kenneth E | Lithia Motors Inc Common Stock | Gift | Dispose G | Yes | No | 0 | 702 | 0.00 | 51,794 |
1 Mar 24 | Roberts Kenneth E | Lithia Motors Inc Common Stock | Gift | Acquire G | Yes | No | 0 | 194 | 0.00 | 52,496 |
1 Mar 24 | Roberts Kenneth E | Lithia Motors Inc Common Stock | Gift | Dispose G | No | No | 0 | 194 | 0.00 | 33,100 |
1 Mar 24 | Deboer Sidney B | Lithia Motors Inc Common Stock | Payment of exercise | Dispose F | No | No | 299.06 | 95 | 28.41 k | 16,758 |
3 Jan 24 | Scott Hillier | Lithia Motors Inc Common Stock | Payment of exercise | Dispose F | No | No | 329.28 | 1,618 | 532.78 k | 48,669 |
News
Peering Into Lithia Motors's Recent Short Interest
14 Mar 24
B of A Securities Maintains Buy on Lithia Motors, Lowers Price Target to $380
29 Feb 24
Morgan Stanley Maintains Underweight on Lithia Motors, Raises Price Target to $230
29 Feb 24
Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group, Financial Terms Undisclosed
27 Feb 24
Evaluating Lithia Motors: Insights From 4 Financial Analysts
15 Feb 24
Press releases
Lithia & Driveway Expands in North Central Region with the Purchase of Carousel Motor Group
27 Feb 24
Lithia & Driveway (LAD) Reports Record Fourth Quarter Revenue of $7.7 billion, 10% Increase
14 Feb 24
Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions
1 Feb 24
LITHIA & DRIVEWAY NAMES ADAM CHAMBERLAIN CHIEF CUSTOMER OFFICER
23 Jan 24
Lithia & Driveway (LAD) Schedules Release of Fourth Quarter 2023 Results
17 Jan 24