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| Date | Value |
|---|---|
| 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% |