Lithia Motors (LAD) Shares Outstanding (Diluted) (2010 - 2026)
Lithia Motors' Shares Outstanding (Diluted) came in at 22.5 million for Q2 2026, down 13.1% from 25.9 million a year earlier and down 3.8% from the prior quarter.
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Analysis
Lithia Motors (LAD) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Lithia Motors' Shares Outstanding (Diluted) was 25.4 million, down 6.3% from FY2024.
- Shares Outstanding (Diluted) has declined in each of the last four years, though with a five-year compound annual growth rate of 0.6% (FY2020 to FY2025).
- Going back by year, Shares Outstanding (Diluted) was 27.1 million in FY2024 (-1.8%), 27.6 million in FY2023 (-2.5%), 28.3 million in FY2022 (-2.4%) and 29 million in FY2021 (+17.9%).
- The Q2 2026 figure represents the lowest quarterly Shares Outstanding (Diluted) in data going back to Q2 2010.
- Year-over-year, Shares Outstanding (Diluted) has declined for nine consecutive quarters, with an average decline of 6.3% over the last eight quarters.
- The fastest year-over-year change in Shares Outstanding (Diluted) over five years came in Q3 2021 (growth of 29.8%), and the weakest in Q2 2026 (a decline of 13.1%).
- Business Quant data shows LAD's Shares Outstanding (Diluted) at 23.4 million (Q1 2026), 25.4 million (Q4 2025) and 25.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,695.27 Bn | 2,211.96 Bn | 104.83 Bn | 10.90 Bn |
| 2 | Home Depot | 307.61 Bn | 300.85 Bn | 16.12 Bn | 996.00 Mn |
| 3 | Tjx Companies | 162.46 Bn | 140.01 Bn | 5.07 Bn | 1.12 Bn |
| 4 | Lowes Companies | 110.17 Bn | 103.13 Bn | 8.58 Bn | 560.00 Mn |
| 5 | Ross Stores | 75.13 Bn | 58.06 Bn | 2.12 Bn | 319.45 Mn |
| 6 | O Reilly Automotive | 73.69 Bn | 72.77 Bn | 2.52 Bn | 828.88 Mn |
| 7 | Target | 70.25 Bn | 64.84 Bn | 8.94 Bn | 456.60 Mn |
| 8 | Autozone | 51.37 Bn | 50.27 Bn | 2.52 Bn | 16.85 Mn |
| 9 | Carvana | 42.21 Bn | 32.71 Bn | 1.38 Bn | 739.96 Mn |
| 10 | Lithia Motors | 6.62 Bn | 5.08 Bn | 1.50 Bn | 22.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.50 Mn |
| Mar 31, 2026 | 23.40 Mn |
| Dec 31, 2025 | 25.40 Mn |
| Sep 30, 2025 | 25.20 Mn |
| Jun 30, 2025 | 25.90 Mn |
| Mar 31, 2025 | 26.40 Mn |
| Dec 31, 2024 | 27.10 Mn |
| Sep 30, 2024 | 26.80 Mn |
| Jun 30, 2024 | 27.20 Mn |
| Mar 31, 2024 | 27.60 Mn |
| Dec 31, 2023 | 27.60 Mn |
| Sep 30, 2023 | 27.60 Mn |
| Jun 30, 2023 | 27.60 Mn |
| Mar 31, 2023 | 27.50 Mn |
| Dec 31, 2022 | 28.30 Mn |
| Sep 30, 2022 | 27.60 Mn |
| Jun 30, 2022 | 28.60 Mn |
| Mar 31, 2022 | 29.60 Mn |
| Dec 31, 2021 | 29.00 Mn |
| Sep 30, 2021 | 30.50 Mn |
API Access
Lithia Motors Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LAD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "LAD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=LAD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();