Lithia Motors (LAD) Gross Margin (2010 - 2026)

Lithia Motors (LAD) posted Gross Margin of 15.29% for Q2 2026, little changed sequentially from 15.33% in Q1 2026, and down 20.0% YoY from 19.12% in Q2 2025.

Lithia Motors (LAD) Gross Margin (2010 - 2026) Analysis & Trends

Lithia Motors has reported Gross Margin for 17 years, with the latest figure at 15.29% in Q2 2026.

  • Quarterly Gross Margin fell 20.0% year-over-year to 15.29% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 15.17% (down 16.0% YoY) and the FY2025 annual result came in at 15.23%, down 13.0% from the prior year.
  • Gross Margin held at 15.29% in Q2 2026 per LAD's latest filing, from 15.33% in the prior quarter.
  • Over five years, Gross Margin peaked at 19.06% in Q1 2022 and troughed at 14.91% in Q4 2025.
  • A 5-year average of 16.31% and a median of 15.55% in 2024 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 259 bps in 2022, down 231 bps in 2022.
  • Over 5 years, Gross Margin stood at 17.41% in 2022, then declined by 6 bps to 16.43% in 2023, then decreased by 9 bps to 14.95% in 2024, then fell by 0 bps to 14.91% in 2025, then gained by 3 bps to 15.29% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 15.29%, 15.33%, and 14.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Uxin 79.73 Bn 79.73 Bn - -
2 Carvana 51.31 Bn 48.57 Bn 1.38 Bn 18.76%
3 Penske Automotive 14.31 Bn 14.24 Bn 1.36 Bn 15.94%
4 Lithia Motors 8.61 Bn 8.25 Bn 1.50 Bn 15.29%
5 Carmax 8.33 Bn 7.73 Bn 854.41 Mn 10.66%
6 Autonation 7.02 Bn 6.97 Bn 1.23 Bn 17.77%
7 Rush Enterprises Inc \Tx\ 6.34 Bn 6.08 Bn 361.67 Mn 19.04%
8 Autozi Internet Technology (Global) 6.33 Bn 6.14 Bn - -
9 Valvoline 4.30 Bn 4.22 Bn 214.90 Mn 39.46%
10 Openlane 4.29 Bn 4.10 Bn 248.20 Mn 44.75%

Historic Data

Download Data
DateValue
Jun 30, 2026 15.29%
Mar 31, 2026 15.33%
Dec 31, 2025 14.91%
Sep 30, 2025 15.15%
Jun 30, 2025 15.50%
Mar 31, 2025 15.37%
Dec 31, 2024 14.95%
Sep 30, 2024 15.51%
Jun 30, 2024 15.42%
Mar 31, 2024 15.59%
Dec 31, 2023 16.43%
Sep 30, 2023 16.57%
Jun 30, 2023 17.08%
Mar 31, 2023 17.37%
Dec 31, 2022 17.41%
Sep 30, 2022 18.01%
Jun 30, 2022 18.66%
Mar 31, 2022 19.06%
Dec 31, 2021 19.71%
Sep 30, 2021 19.27%