Lithia Motors, Inc. (LAD)

(21 October 2016)

LAD Business Summary

Lithia operates automobile dealerships in the western U.S., selling new and used vehicles, arranging finance, warranty and credit insurance contracts and providing parts and service.

LAD Fundamentals

• Price to Earnings: 12.39
• Earnings Per Share: $8.00
• Market Cap: 2.4B
• Current Ratio: 1.17
• Return on Equity: 10.76%
• Dividend Yield: 0.71%
• Total Debt to Equity Ratio: 248.10

Balance Sheet ($ in Thousands)

• Total Assets increased $94,771.
• Total Liabilities increased $105,474.
• Total Stockholder Equity decreased $10,703.

Income Statement ($ in Thousands)

• Total Revenues for Six Months Ended increased $330,075.
• Gross Profit increased $58,194.
• Operating Income increased $9,901.
• Net income decreased $178.

Cash Flow Statement ($ in Thousands)

• Net Cash provided by operating activities increased $37,080.
• Net Cash used in investing activities increased $16,504.
• Net Cash provided by financing activities increased $44,036.
• Cash and Cash Equivalents at end of period decreased $8,350.

Highlights from 10-Q

• Lithia Motors beat Sales projections for FY16.
• Missed on their FY16 EPS.