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Lithia Motors Inc Stock Research

LAD

215.12USD+2.74(+1.29%)Market Closed

Market Summary

USD215.12+2.74
Market Closed
1.29%

LAD Stock Price

LAD RSI Chart

LAD Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

4.63

Price/Sales (Trailing)

0.21

EV/EBITDA

5.31

Price/Free Cashflow

-6.35

LAD Price/Sales (Trailing)

LAD Profitability

EBT Margin

6.14%

Return on Equity

24.03%

Return on Assets

8.34%

Free Cashflow Yield

-15.76%

LAD Fundamentals

LAD Revenue

Revenue (TTM)

28.2B

Revenue Y/Y

10.1%

Revenue Q/Q

-4.79%

LAD Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

-14.94%

Earnings Q/Q

-24.88%

Price Action

52 Week Range

180.00332.35
(Low)(High)

Last 7 days

1.9%

Last 30 days

-15.9%

Last 90 days

7.5%

Trailing 12 Months

-32.8%

LAD Financial Health

Current Ratio

1.46

Debt/Equity

1

Debt/Cashflow

-0.12

LAD Investor Care

Dividend Yield

0.76%

Dividend/Share (TTM)

1.61

Buy Backs (1Y)

9.24%

Diluted EPS (TTM)

44.17

Peers (Alternatives to Lithia Motors)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
285.8B
157.4B
-4.50% -7.08%
16.71
1.82
4.13% 4.09%
51.1B
14.4B
-1.54% 16.45%
23.51
3.54
8.12% 0.37%
45.0B
16.6B
-6.77% 16.83%
18.65
2.72
9.40% 5.72%
9.2B
31.6B
-14.13% -40.09%
16
0.29
7.73% -52.09%
MID-CAP
9.4B
27.8B
-6.59% 33.36%
6.78
0.34
8.84% 16.18%
6.8B
11.2B
-17.36% -46.31%
13.55
0.61
1.43% -18.54%
6.0B
27.0B
-8.50% 13.69%
4.37
0.22
4.41% 0.32%
5.8B
23.4B
-5.33% 28.79%
8.64
0.25
35.05% 69.54%
5.8B
28.2B
-15.90% -32.78%
4.63
0.21
23.46% 18.01%
4.4B
15.4B
-10.26% 14.97%
4.4
0.28
66.05% 78.54%
SMALL-CAP
1.3B
10.8B
2.64% 96.64%
7.97
0.12
47.82% 180.33%
835.1M
7.0B
-17.01% -31.09%
6.1
0.12
0.77% -50.82%
469.4M
1.3B
-10.51% -9.09%
7.54
0.35
25.02% -44.81%
128.6M
1.3B
-1.45% -40.51%
1.94
0.1
7.44% -19.05%
92.2M
-
64.08% -52.53%
1.2K
0.29
- -

Financials for Lithia Motors

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.3%28,18827,55126,42525,19422,832
Gross Profit-0.7%5,1525,1875,0624,8224,259
  S&GA Expenses2.2%3,0442,9802,9042,7572,481
EBITDA-4.5%2,0222,1192,0631,998-
EBITDA Margin-6.7%0.07*0.08*0.08*0.08*-
Earnings Before Taxes-5.2%1,7301,8261,7921,7431,485
EBT Margin-7.4%0.06*0.07*0.07*0.07*-
Interest Expenses-6.4%129138116110103
Net Income-3.3%1,2511,2941,2731,2461,060
Net Income Margin-5.5%0.04*0.05*0.05*0.05*-
Free Cahsflow8.5%-913-998-20.901,053-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets6.6%15,00714,07513,00812,08111,147
  Current Assets-1.1%4,6314,6824,1623,8853,310
    Cash Equivalents57.2%27217364.00132179
  Inventory3.0%3,4093,3092,9852,6972,386
  Goodwill-0.2%1,4611,4631,2381,019977
Liabilities7.8%9,7569,0468,2707,1386,484
  Current Liabilities12.4%3,1782,8272,6142,8252,403
  Long Term Debt10.6%5,2224,7223,3953,186-
Shareholder's Equity4.5%5,2064,9844,6984,9084,626
  Retained Earnings6.2%4,0653,8293,5113,1912,860
  Additional Paid-In Capital11.3%77.0069.0062.0052.0058.00
Accumulated Depreciation-423----
Shares Outstanding-0.7%27.0028.0028.0029.0030.00
Minority Interest5.0%4.004.006.003.003.00
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations15.5%-610-7222631,3241,797
  Share Based Compensation0.7%41.0041.0041.0037.0035.00
Cashflow From Investing1.1%-1,329-1,344-1,852-2,804-2,890
Cashflow From Financing-5.6%2,0362,1569131,4661,107
  Dividend Payments1.8%45.0044.0044.0041.0039.00
  Buy Backs-19.9%688859838276231

Risks for LAD

What is the probability of a big loss on LAD?

87.3%


Probability that Lithia Motors stock will be more than 20% underwater in next one year

49.6%


Probability that Lithia Motors stock will be more than 30% underwater in next one year.

34.2%


Probability that Lithia Motors stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does LAD drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Lithia Motors was unfortunately bought at previous high price.

Drawdowns

Returns for LAD

Cumulative Returns on LAD

17.3%


10-Year Cumulative Returns

14.7%


7-Year Cumulative Returns

17.7%


5-Year Cumulative Returns

37.8%


3-Year Cumulative Returns

What are the long-term rolling returns for LAD?

FIve years rolling returns for Lithia Motors.

Annualized Returns

Which funds bought or sold LAD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-23
MetLife Investment Management, LLC
reduced
-2.61
-267,942
3,523,370
0.03%
2023-03-17
American Portfolios Advisors
unchanged
-
-10,485
37,332
-%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-52.35
-7,009,310
5,843,690
0.01%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-8.84
-21,000
142,000
-%
2023-02-28
Voya Investment Management LLC
reduced
-14.12
-328,398
1,494,600
-%
2023-02-24
NATIXIS
sold off
-100
-2,575,000
-
-%
2023-02-24
SRS Capital Advisors, Inc.
reduced
-50.00
-1,181
819
-%
2023-02-23
Portman Square Capital LLP
new
-
277,627
277,627
0.02%
2023-02-22
CVA Family Office, LLC
sold off
-100
-1,000
-
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.17
-89,000
939,000
0.01%

1–10 of 44

Latest Funds Activity

Are funds buying LAD calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own LAD
No. of Funds

Lithia Motors News

Seeking Alpha

Tracking William Nygren's Harris Associates Portfolio – Q4 2022 ....

Seeking Alpha,
20 minutes ago

Marketscreener.com

Zacks Investment Research

InvestorsObserver

The Wall Street Journal

Auto Dealers See Mixed Signals - WSJ.

The Wall Street Journal,
39 days ago

Schedule 13G FIlings of Lithia Motors

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 15, 2023
barrow hanley mewhinney & strauss llc
5.05%
1,381,848
SC 13G
Feb 09, 2023
vanguard group inc
10.21%
2,792,188
SC 13G/A
Jan 25, 2023
blackrock inc.
8.9%
2,434,559
SC 13G/A
Mar 09, 2022
vanguard group inc
10.03%
2,957,990
SC 13G/A
Feb 01, 2022
blackrock inc.
8.8%
2,673,130
SC 13G/A
Feb 12, 2021
abrams capital management, l.p.
7.43%
-
SC 13G/A
Feb 12, 2021
dimensional fund advisors lp
4.7%
1,223,396
SC 13G/A
Feb 10, 2021
vanguard group inc
8.76%
2,287,428
SC 13G/A
Jan 27, 2021
blackrock inc.
11.6%
3,037,362
SC 13G/A
Feb 14, 2020
park west asset management llc
0.0%
0
SC 13G/A

LAD Fair Value

Lithia Motors fair value in different scenarios

The table shows the Fair Value estimates for Lithia Motors for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

920.64

327.97%

1191.86

454.04%

1895.29

781.04%

3267.63

1418.98%

5399.67

2410.07%
Current Inflation

846.01

293.27%

1078.81

401.49%

1678.58

680.30%

2844.03

1222.07%

4651.77

2062.41%
Very High Inflation

753.69

250.36%

941.77

337.79%

1422.42

561.22%

2351.84

993.27%

3790.15

1661.88%

Historical Lithia Motors Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Lithia Motors

View All Filings
Date Filed Form Type Document
Mar 20, 2023
4
Insider Trading
Mar 08, 2023
DEF 14A
DEF 14A
Mar 08, 2023
DEFA14A
DEFA14A
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Mar 02, 2023
4
Insider Trading
Feb 24, 2023
10-K
Annual Report
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading
Feb 23, 2023
4
Insider Trading

Latest Insider Trading transactions for LAD

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-17
Roberts Kenneth E
gifted
-
-
-735
-
2023-03-01
DEBOER SIDNEY B
sold (taxes)
-11,483
255
-45.00
-
2023-03-01
Roberts Kenneth E
gifted
-
-
-133
-
2023-03-01
Roberts Kenneth E
gifted
-
-
133
-
2023-02-28
McIntyre Shauna
sold
-43,420
260
-167
-
2023-02-22
Hines George N
acquired
-
-
2,839
chief innovation&tech officer
2023-02-22
DEBOER BRYAN B
acquired
-
-
36,858
chief executive officer
2023-02-22
Hillier Scott
acquired
-
-
3,258
sr vice president, operations
2023-02-22
Stork David
acquired
-
-
1,858
chief administrative officer
2023-02-22
Miller Tina
acquired
-
-
5,210
chief financial officer

1–10 of 50

Bryan B. DeBoer
21200
Lithia Motors, Inc. operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Luxury. It offers new and used vehicles; vehicle financing services; warranties, insurance contracts, and vehicle and theft protection services; and automotive repair and maintenance services, as well as sells vehicle body and parts under the Driveway and GreenCars brand names. As of February 18, 2022, the company operated through 278 stores. It also offers its products online through 300 websites. Lithia Motors, Inc. was founded in 1946 and is headquartered in Medford, Oregon.

LAD Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Total revenues$ 28,187.8$ 22,831.7$ 13,126.5
Cost of sales:   
Total cost of sales23,035.418,572.710,902.2
Gross profit5,152.44,259.02,224.3
Financing operations (loss) income(4.0)11.06.5
Asset impairments0.01.97.9
Selling, general and administrative3,044.12,480.81,437.9
Depreciation and amortization163.2124.892.3
Operating income1,941.11,662.5692.7
Floor plan interest expense(38.8)(22.3)(34.4)
Other interest expense(129.1)(103.4)(71.6)
Other (expense) income, net(43.2)(52.0)61.8
Income before income taxes1,730.01,484.8648.5
Income tax provision(468.4)(422.1)(178.2)
Net income1,261.61,062.7470.3
Net income attributable to non-controlling interests(4.8)(1.7)0.0
Net income attributable to redeemable non-controlling interest(5.8)(0.9)0.0
Net income attributable to Lithia Motors, Inc.$ 1,251.0$ 1,060.1$ 470.3
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share)$ 44.38$ 36.81$ 19.74
Shares used in basic per share calculations (in shares)28.228.823.8
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share)$ 44.17$ 36.54$ 19.53
Shares used in diluted per share calculations (in shares)28.329.024.1
Cash dividend paid per share (in dollars per share)$ 1.61$ 1.36$ 1.22
New vehicle retail   
Revenues:   
Total revenues$ 12,894.5$ 11,197.7$ 6,773.9
Cost of sales:   
Total cost of sales11,314.89,979.26,313.0
Used vehicle retail   
Revenues:   
Total revenues9,425.07,255.33,998.4
Cost of sales:   
Total cost of sales8,599.66,428.63,552.4
Used vehicle wholesale   
Revenues:   
Total revenues1,425.2957.1310.9
Cost of sales:   
Total cost of sales1,440.6913.7300.2
Finance and insurance   
Revenues:   
Total revenues1,285.41,051.3579.8
Service, body and parts   
Revenues:   
Total revenues2,738.82,110.91,348.7
Cost of sales:   
Total cost of sales1,275.81,000.4631.9
Fleet and other   
Revenues:   
Total revenues418.9259.4114.8
Cost of sales:   
Total cost of sales$ 404.6$ 250.8$ 104.7

LAD Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:  
Cash and restricted cash$ 246.7$ 174.8
Accounts receivable, net of allowance for doubtful accounts of $3.1 and $3.7813.1685.5
Inventories, net3,409.42,385.5
Other current assets161.763.9
Total current assets4,630.93,309.7
Property and equipment, net of accumulated depreciation of $526.8 and $422.63,574.63,052.6
Operating lease right-of-use assets381.9395.9
Finance receivables, net of allowance for estimated losses of $69.3 and $25.02,187.6803.3
Goodwill1,460.7977.3
Franchise value1,856.2799.1
Other non-current assets914.71,809.0
Total assets15,006.611,146.9
Current liabilities:  
Floor plan notes payable627.2354.2
Floor plan notes payable: non-trade1,489.4835.9
Current maturities of long-term debt20.5223.7
Trade payables258.4235.4
Accrued liabilities782.7753.6
Total current liabilities3,178.22,402.8
Deferred revenue226.7191.2
Deferred income taxes286.3191.0
Non-current operating lease liabilities346.6361.7
Other long-term liabilities207.2151.3
Total liabilities9,755.56,483.7
Redeemable non-controlling interest40.734.0
Equity:  
Preferred stock - no par value; authorized 15.0 shares; none outstanding0.00.0
Common stock - no par value; authorized 125.0 shares; issued and outstanding 27.3 and 29.51,082.11,711.6
Additional paid-in capital76.858.3
Accumulated other comprehensive loss(18.0)(3.0)
Retained earnings4,065.32,859.5
Total stockholders’ equity - Lithia Motors, Inc.5,206.24,626.4
Non-controlling interest4.22.8
Total equity5,210.44,629.2
Total liabilities, redeemable non-controlling interest and equity15,006.611,146.9
Long-term debt excluding notes payable  
Current liabilities:  
Current maturities of long-term debt20.5223.7
Long-term debt, less current maturities5,088.32,868.1
Notes payable  
Current liabilities:  
Long-term debt, less current maturities$ 422.2$ 317.6