L

Lithia Motors

D
LAD
USD
-0.62
(-0.1679%)
Market Closed
14,461.00
Volume
28.01
EPS
0.64
Div Yield
11.909
P/E
9,859,259,311.25
Market Cap
Today
-0.1679%
1 Week
11.007%
1 Month
21.087%
6 Months
39.896%
12 Months
40.477%
Year To Date
11.961%
All Time
0%

Title:
Lithia Motors

Sector:
Consumer Cyclical
Industry:
Auto & Truck Dealerships
Lithia Motors is a retailer of new and used vehicles and related services. The company offers over 50 brands of vehicles at nearly 500 stores globally across the US, Canada, and UK. The company has expanded largely through the acquisition of dealerships in smaller regional markets but now seeks to grow in any part of the US and we expect more deals over time in the US and, at times, abroad. Annual revenue in 2023 was $31 billion and we see over $50 billion possible in a few years. The US was 90% of 2023 revenue and the UK second at 6%, the latter should rise to around 20% with the 2024 Pendragon acquisition. In 2023, new-car sales were about 49% of total revenue. Lithia was founded in 1946, went public in 1996, and is the largest US auto dealer. It is based in Medford, Oregon.
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