Lithia Motors, Inc.

Lithia Motors, Inc.verified

LAD

Price:

$279.5

Market Cap:

$7.47B

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.[Read more]

Industry

Auto - Dealerships

IPO Date

1996-12-18

Stock Exchange

NYSE

Ticker

LAD

The Current Ratio as of September 2024 (TTM) for Lithia Motors, Inc. (LAD) is 1.19

According to Lithia Motors, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.19. This represents a change of -6.71% compared to the average of 1.28 of the last 4 quarters.

Lithia Motors, Inc. (LAD) Historical Current Ratio (quarterly & annually)

How has LAD Current Ratio performed in the past?

The mean historical Current Ratio of Lithia Motors, Inc. over the last ten years is 1.28. The current 1.19 Current Ratio has changed 9.21% with respect to the historical average. Over the past ten years (40 quarters), LAD's Current Ratio was at its highest in in the September 2022 quarter at 1.66. The Current Ratio was at its lowest in in the December 2014 quarter at 1.12.

Quarterly (TTM)
Annual

Average

1.28

Median

1.20

Minimum

1.12

Maximum

1.47

Lithia Motors, Inc. (LAD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lithia Motors, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 12.62%

Maximum Annual Current Ratio = 1.47

Minimum Annual Increase = -9.66%

Minimum Annual Current Ratio = 1.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.41-3.22%
20221.46-0.91%
20211.479.25%
20201.3512.62%
20191.20-0.38%
20181.20-0.80%
20171.211.63%
20161.190.76%
20151.185.47%
20141.12-9.66%

Lithia Motors, Inc. (LAD) Average Current Ratio

How has LAD Current Ratio performed in the past?

The current Current Ratio of Lithia Motors, Inc. (LAD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.45

5-year avg

1.38

10-year avg

1.28

Lithia Motors, Inc. (LAD) Current Ratio vs. Peers

How is LAD’s Current Ratio compared to its peers?

Lithia Motors, Inc.’s Current Ratio is greater than Sonic Automotive, Inc. (1.10), greater than AutoNation, Inc. (0.78), less than Asbury Automotive Group, Inc. (1.25), greater than Penske Automotive Group, Inc. (0.98), greater than Group 1 Automotive, Inc. (1.02),

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