Lithia Motors (LAD) Construction in Progress (2018 - 2023)

Lithia Motors has reported Construction in Progress for 6 years, with the latest figure at $107.2 million in Q4 2023.

• Quarterly Construction in Progress rose 22.37% year-over-year to $107.2 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $107.2 million (up 22.37% YoY) and the FY2023 annual result came in at $107.2 million, up 22.37% from the prior year.
• Construction in Progress grew to $107.2 million in Q4 2023 per LAD's latest filing, from $87.6 million in the prior quarter.
• Over five years, Construction in Progress peaked at $107.2 million in Q4 2023 and troughed at $34.7 million in Q4 2019.
• A 5-year average of $74.7 million and a median of $87.6 million in 2022 frame the typical range for Construction in Progress.
• The sharpest annual moves came in 2019 and 2021: Construction in Progress tumbled 39.55% in 2019, then jumped 87.8% in 2021.
• Over 5 years, Construction in Progress stood at $34.7 million in 2019, then surged by 44.09% to $50.0 million in 2020, then jumped by 87.8% to $93.9 million in 2021, then fell by 6.71% to $87.6 million in 2022, then gained by 22.37% to $107.2 million in 2023.
• According to Business Quant data, Construction in Progress over the past three periods registered $107.2 million, $87.6 million, and $93.9 million for Q4 2023, Q4 2022, and Q4 2021 respectively.