Lithia Motors (LAD) Shares Outstanding (Diluted) (2010 - 2026)
Lithia Motors' Weighted Average Shares Outstanding (Diluted) came in at 22.5 million for Q3 2026, down 10.7% from 25.2 million a year earlier and unchanged from the prior quarter.
Lithia Motors (LAD) Shares Outstanding (Diluted) (2010 - 2026) Analysis & Trends
For FY2025, Lithia Motors' Weighted Average Shares Outstanding (Diluted) was 25.4 million, down 6.3% from FY2024.
- Weighted Average 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, Weighted Average 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 five-year range for quarterly Weighted Average Shares Outstanding (Diluted) is 22.5 million (Q2 2026) to 29.6 million (Q1 2022).
- Year-over-year, Weighted Average Shares Outstanding (Diluted) has declined for ten consecutive quarters, with an average decline of 7.3% over the last eight quarters.
- The fastest year-over-year change in Weighted Average Shares Outstanding (Diluted) over five years came in Q4 2021 (growth of 17.9%), and the weakest in Q2 2026 (a decline of 13.1%).
- Business Quant data shows LAD's Weighted Average Shares Outstanding (Diluted) at 22.5 million (Q2 2026), 23.4 million (Q1 2026) and 25.4 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 10.93 Bn |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | 996.00 Mn |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 1.12 Bn |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | 560.00 Mn |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 828.88 Mn |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | 319.45 Mn |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 456.60 Mn |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | 739.91 Mn |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | 16.87 Mn |
| 10 | Lithia Motors | 6.78 Bn | 5.28 Bn | 1.50 Bn | 22.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.00 Mn |
| 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 |
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_KEY
import 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();