LAD Lithia Motors, Inc. Common Stock
About Lithia Motors, Inc. Common Stock Company overview from Wikipedia
Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. As of 2025, Lithia is the largest automotive retailer in the United States by revenue, ahead of competitors such as AutoNation and Penske Automotive Group. As of December 31, 2024, Lithia operates 459 dealership locations across the United States, Canada, and the United Kingdom. The company employs approximately 30,000 people worldwide.
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Lithia Motors, Inc. (doing business as Lithia & Driveway) is an American nationwide automotive dealership group headquartered in Medford, Oregon. As of 2025, Lithia is the largest automotive retailer in the United States by revenue, ahead of competitors such as AutoNation and Penske Automotive Group. As of December 31, 2024, Lithia operates 459 dealership locations across the United States, Canada, and the United Kingdom. The company employs approximately 30,000 people worldwide.
In 2015, Lithia Motors entered the Fortune 500 list at #482, making it one of only three Oregon-based companies to appear on the list. This followed Lithia’s 2014 acquisition of the DCH Auto Group, then one of the ten largest dealer groups in the United States with 27 dealerships. In 2016, Lithia rose to #346 on the Fortune 500 and was recognized among the companies with the largest year-over-year climb. Lithia reached #294 in 2018, and #158 in 2022. As of the 2025 Fortune 500, Lithia ranks #124 overall and #1 in the Automotive Retail category.
History
Lithia Motors began in 1946 when Walt DeBoer opened a single car dealership in Ashland, Oregon. In the first year, the five-person company sold 14 cars. In 1968, Walt's son, Sidney DeBoer, took over the business and incorporated Lithia Motors Inc. Sidney reorganized the business and in 1970 purchased a Dodge dealership in Medford. With this, Lithia's base of operation moved to Medford and grew to a total of five stores with 19 franchises by 1990.
In December 1996, the company went public, trading on the New York Stock Exchange with an IPO of $11 per share. By 2003, Lithia had revenues of $2.5 billion from its 84 dealerships, while employing just over 5,500 people. The company had increased dealerships to 88 by 2005. Lithia was fined $500,000 by the state of Alaska in 2006 for charging car buyers illegal document preparation fees at their Alaska dealerships. That year, they also settled with the Equal Employment Opportunity Commission for workplace discrimination. In early 2007, Lithia developed plans to build a 60-acre (240,000 m2) auto mall north of downtown Medford and to build a new corporate headquarters in downtown Medford. The Chrysler Jeep Dodge store moved to the auto mall in September 2007, but the project was put on hold for seven years because the recession hit shortly after. In late 2014, Lithia moved their Honda, Nissan, BMW and Volkswagen stores to the auto mall. The group's Toyota store, which the group had planned to move to the auto mall, instead went through a $1.5 million renovation in 2013 and stayed on their five-acre site in downtown Medford.
In 2010, it was reported that with the backing of two lenders, "the Commons," a mixed-use building with Lithia Headquarters as the largest tenant, was a "go" and could proceed with construction. According to an article by The Mail Tribune, "Lithia partnered with the Medford Urban Renewal Agency to create The Commons, a revitalization project that includes the headquarters and another $14 million in infrastructure and three park blocks, paid for with MURA dollars. Lithia employees moved into their new headquarters in late 2012. In January 2014, the Commons building was awarded Silver Leadership in Energy and Environmental Design (LEED) Certification by the U.S. Green Building Council. Lithia has been the recipient of numerous awards, including Sports Illustrated's All-Star Dealer Award in 1990 and Time's Quality Dealer Award in 1997, 2016 Top Workplace-Oregon Award, 2016 Automotive News Best Dealerships to Work For and 2016 Fortune 500-40th Fastest Growing Company. In 2018, 10 Lithia Motors stores were named "Best Dealerships to Work For" by Automotive News. Cox Automotive awarded Lithia Motors' BMW of Ramsey, New Jersey store with the 2019 Cox Automotive Leader in Sustainability Award, citing outstanding community contributions and sustainable programs including waste reduction, water conservation and energy consumption.
In February 2021, a source reported Lithia Motors was in talks to acquire the Suburban Collection dealer chain in Michigan. Suburban reported revenues of $2.7 billion in 2019. Later in April of the same year, the company acquired New Jersey dealership Planet Honda of Union, which is expected to add $230 million in annual revenue. In August 2021, it purchased Canadian dealership Pfaff Automotive, its first outside the United States, and the Driveway.com subsidiary assumed title sponsorship of the subsidiary's motorsport presence Pfaff Motorsports.
In early 2021, the company added about $6.5 billion to its annual revenue, placing it about one-third of the way towards the company's target, according to CFO Tina Miller, currently in charge over the project. The success of the project is in part attributed to Lithia's e-commerce platform Driveway, which facilitates online used car sales with its inventory coming from dealer lots owned by Lithia.
As of May 2022, Lithia operated 267 stores in 24 states, and 14 in Canada.
With the acquisition of the Jardine Motors Group, Lithia expanded into the United Kingdom in March 2023. At the beginning of 2024, Lithia also acquired the Pendragon Group, thereby integrating additional British dealers (Evans Halshaw, Stratstone, etc.) into the group.
Product
Lithia sells new and used cars of various makes and models. New cars make up 49% of retail auto sales, with used cars making up the other 51%. Additional revenues come from auto repair at the dealerships, financing, and insurance sales.
In 2013 Lithia was named No. 9 on Automotive News' list of the 125 largest U.S. dealership groups, with retail new-vehicle sales of 56,960 units in 2012. In used-vehicle sales it also ranks No. 9, with retail used-vehicle sales of 49,067 in 2012.
The company received a Global Automotive Shareholder Value Award presented by PwC and Automotive News in 2015, the sixth consecutive year for Lithia, followed by a three-year award in 2016. The awards are given to companies to recognize the highest shareholder returns within one-year and three-year periods among Global Vehicle Manufacturers, Global Automotive Suppliers and U.S. Automotive Retailers categories.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
LAD Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
LAD Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Financial Health Debt, liquidity, solvency — balance sheet strength
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount |
|---|---|
| Aug. 7, 2026 | $0.7000 |
| May 8, 2026 | $0.5700 |
| March 6, 2026 | $0.5500 |
| Nov. 7, 2025 | $0.5500 |
| Aug. 8, 2025 | $0.5500 |
| May 9, 2025 | $0.5500 |
| March 7, 2025 | $0.5300 |
| Nov. 8, 2024 | $0.5300 |
| Aug. 9, 2024 | $0.5300 |
| May 9, 2024 | $0.5300 |
| March 7, 2024 | $0.5000 |
| Nov. 9, 2023 | $0.5000 |
| Aug. 10, 2023 | $0.5000 |
| May 11, 2023 | $0.5000 |
| March 9, 2023 | $0.4200 |
| Nov. 9, 2022 | $0.4200 |
| Aug. 11, 2022 | $0.4200 |
| May 12, 2022 | $0.4200 |
| March 10, 2022 | $0.3500 |
| Nov. 10, 2021 | $0.3500 |
LAD Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
- Strong Buy 7 33.3%
- Buy 8 38.1%
- Hold 6 28.6%
- Sell 0 0.0%
- Strong Sell 0 0.0%
12-Month Price Target
16 analysts · 2026-08-18Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $11.54 | $8.87 | 2.7% |
| March 31, 2026 | $7.34 | $6.90 | 0.44% |
| Dec. 31, 2025 | $6.74 | $8.19 | -1.5% |
| Sept. 30, 2025 | $9.50 | $8.60 | 0.90% |
| June 30, 2025 | $10.24 | $9.33 | 0.91% |
| March 31, 2025 | $7.66 | $7.78 | -0.12% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| LAD | $7.81B | 10.3 | 4.0% | 2.2% | 12.4% | 15.2% |
| ORLY | $76.79B | 30.7 | 6.4% | 14.3% | -254.4% | 51.6% |
| AZO | $69.97B | 29.0 | 2.4% | 13.2% | -63.5% | 52.6% |
| PAG | $10.41B | 11.2 | -0.18% | 2.9% | 17.1% | 16.4% |
| MUSA | — | 16.7 | -4.2% | 2.4% | 74.1% | — |
| KMX | $6.12B | 25.7 | -1.8% | 0.96% | 4.1% | 10.8% |
| AN | $7.27B | 12.1 | 3.2% | 2.4% | 27.0% | 17.9% |
| VVV | $4.56B | 21.9 | 5.6% | 12.3% | 71.8% | 38.5% |
| ABG | — | 9.3 | 4.7% | 2.7% | 12.8% | 17.1% |
| AAP | $2.33B | 53.3 | -5.4% | 0.51% | 2.0% | 43.4% |
| GPI | $9.81B | 15.6 | 13.2% | 1.4% | 11.0% | 16.1% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 14
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.63B | $36.19B | $31.04B | $28.19B | $22.83B | $13.13B | $12.67B | · | $10.09B | $8.68B | $7.86B | |
| Cost of Revenue | $31.90B | $30.63B | $25.81B | $23.04B | $18.57B | $10.90B | $10.72B | · | $8.57B | $7.38B | $6.69B | |
| Gross Profit | $5.73B | $5.56B | $5.23B | $5.15B | $4.26B | $2.22B | $1.95B | · | $1.52B | $1.30B | $1.18B | |
| SG&A Expense | $3.94B | $3.76B | $3.29B | $3.04B | $2.48B | $1.44B | $1.37B | · | $1.05B | $900M | $811M | |
| Operating Income | $1.59B | $1.57B | $1.69B | $1.94B | $1.66B | $693M | $495M | · | $409M | $338M | $303M | |
| Other Non-op | $17M | $39M | $22M | $-43M | $-52M | $62M | $14M | · | $12M | $-6M | $-1M | |
| Pretax Income | $1.11B | $1.07B | $1.36B | $1.73B | $1.48B | $648M | $375M | · | $347M | $284M | $263M | |
| Income Tax | $282M | $255M | $351M | $468M | $422M | $178M | $104M | · | $102M | $86M | $80M | |
| Net Income | $820M | $797M | $1.00B | $1.25B | $1.06B | $470M | $272M | · | $245M | $197M | $183M | |
| EPS (Basic) | $32.38 | $29.51 | $36.36 | $44.38 | $36.81 | $19.74 | $11.70 | · | $9.78 | $7.76 | $6.96 | |
| EPS (Diluted) | $32.32 | $29.45 | $36.29 | $44.17 | $36.54 | $19.53 | $11.60 | · | $9.75 | $7.72 | $6.91 | |
| Shares (Basic) | 25,300,000 | 27,000,000 | 27,500,000 | 28,200,000 | 28,800,000 | 23,800,000 | 23,200,000 | · | 25,100,000 | 25,400,000 | 26,290,000 | |
| Shares (Diluted) | 25,400,000 | 27,100,000 | 27,600,000 | 28,300,000 | 29,000,000 | 24,100,000 | 23,400,000 | · | 25,100,000 | 25,500,000 | 26,490,000 | |
| EBITDA | $1.92B | $1.87B | $1.90B | $2.11B | $1.80B | $790M | $577M | · | $467M | $388M | $303M |
Balance Sheet 26
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | $825M | $168M | $153M | $160M | $84M | · | $57M | $50M | $45M | |
| Receivables | $1.13B | $1.24B | $1.11B | $813M | $686M | $614M | $505M | · | $522M | $418M | $308M | |
| Inventory | $6.12B | $5.91B | $4.75B | $3.41B | $2.39B | $2.49B | $2.43B | · | $2.13B | $1.77B | $1.47B | |
| Other Current Assets | $262M | $223M | $137M | $162M | $64M | $70M | $48M | · | $71M | $47M | $54M | |
| Current Assets | $7.86B | $7.77B | $6.94B | $4.63B | $3.31B | $3.34B | $3.07B | · | $2.78B | $2.29B | $1.88B | |
| PP&E (Net) | · | · | · | · | · | $2.20B | $1.61B | · | $1.19B | $1.01B | $877M | |
| PP&E (Gross) | · | · | · | · | · | · | · | · | · | $1.15B | $999M | |
| Accum. Depreciation | · | · | · | · | $423M | $338M | $284M | · | $198M | $167M | $138M | |
| Goodwill | $2.48B | $2.12B | $1.93B | $1.46B | $977M | $593M | $455M | · | $256M | $259M | $213M | |
| Other Non-current Assets | $1.59B | $1.53B | $642M | $915M | $1.81B | $1.16B | $388M | · | $272M | $107M | $99M | |
| Total Assets | $25.11B | $23.12B | $19.63B | $15.01B | $11.15B | $7.90B | $6.08B | $5.64B | $4.68B | $3.84B | $3.23B | |
| Accounts Payable | $340M | $334M | $288M | $258M | $235M | $158M | $125M | · | $111M | $88M | $71M | |
| Accrued Liabilities | $1.21B | $1.12B | $899M | $783M | $754M | $458M | $337M | $310M | $252M | $211M | $167M | |
| Current Liabilities | $6.70B | $6.55B | $4.93B | $3.18B | $2.40B | $2.48B | $2.57B | · | $2.30B | $1.92B | $1.59B | |
| Capital Leases | $662M | $596M | $428M | $347M | $362M | $247M | $238M | $244M | · | · | · | |
| Deferred Tax | $516M | $397M | $349M | $286M | $191M | $146M | $131M | · | $56M | $59M | $53M | |
| Other Non-current Liabilities | $472M | $319M | $221M | $207M | $151M | $148M | $109M | $112M | $111M | $100M | $82M | |
| Total Liabilities | $18.48B | $16.45B | $13.35B | $9.76B | $6.48B | $5.24B | $4.62B | $4.45B | $3.60B | $2.93B | $2.40B | |
| Long-term Debt | · | · | · | · | $2.40B | $2.11B | $1.33B | · | $782M | $440M | $413M | |
| Total Debt | · | · | · | · | · | · | · | · | · | $485M | $413M | |
| Common Stock | $0 | $793M | $1.10B | $1.08B | $1.71B | $788M | · | · | · | · | · | |
| Retained Earnings | $6.52B | $5.75B | $5.01B | $4.07B | $2.86B | $1.84B | $1.40B | $1.16B | $923M | $704M | $531M | |
| AOCI | $67M | $-4M | $20M | $-18M | $-3M | $-6M | $-700.0K | · | · | · | $-277.0K | |
| Stockholders' Equity | $6.60B | $6.65B | $6.21B | $5.21B | $4.63B | $2.66B | $1.47B | · | $1.08B | $911M | $828M | |
| Liabilities + Equity | $25.11B | $23.12B | $19.63B | $15.01B | $11.15B | $7.90B | $6.08B | $5.64B | $4.68B | $3.84B | $3.23B | |
| Shares Outstanding | 23,500,000 | 26,400,000 | 27,400,000 | 27,300,000 | 29,500,000 | 26,300,000 | · | · | · | · | · |
Cash Flow 17
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $324M | $295M | $204M | $173M | $127M | $92M | $82M | · | $58M | $49M | $42M | |
| Stock-based Comp | $60M | $58M | $41M | $41M | $35M | $23M | $16M | · | $11M | $11M | $12M | |
| Deferred Tax | $94M | $40M | $64M | $95M | $43M | $19M | $40M | · | $-10M | $4M | $7M | |
| Other Non-cash | $-941M | $-771M | $-1.78B | $-2.17B | $532M | $-63M | $90M | · | $-155M | $-181M | · | |
| Operating Cash Flow | $357M | $425M | $-472M | $-610M | $1.80B | $545M | $524M | · | $149M | $91M | $80M | |
| CapEx | $351M | $351M | $230M | $303M | $260M | $168M | $125M | · | $105M | $101M | $83M | |
| Investing Cash Flow | $-1.03B | $-1.85B | $-1.27B | $-1.33B | $-2.89B | $-1.61B | $-463M | · | $-538M | $-352M | $-170M | |
| Debt Issued | $787M | $408M | $80M | $113M | $817M | $606M | $420M | · | $396M | $66M | $76M | |
| Net Debt Issued | $787M | $408M | $80M | $113M | $1.16B | $606M | $420M | · | $396M | $66M | $76M | |
| Stock Issued | $28M | $27M | $30M | $36M | $1.14B | $790M | $11M | · | $8M | $7M | $6M | |
| Stock Repurchased | $961M | $366M | $49M | $688M | $231M | $51M | $3M | · | $34M | $113M | $32M | |
| Net Stock Activity | $-933M | $-339M | $-19M | $-652M | $906M | $740M | $8M | · | $-26M | $-106M | $-25M | |
| Dividends Paid | $55M | $56M | $53M | $45M | $39M | $29M | $28M | · | $26M | $24M | $20M | |
| Financing Cash Flow | $612M | $908M | $2.41B | $2.04B | $1.11B | $1.14B | $-9M | · | $396M | $266M | $105M | |
| Net Change in Cash | $-54M | $-526M | $700M | $93M | $16M | $79M | $52M | · | $7M | $5M | $15M | |
| Taxes Paid | $202M | $243M | $222M | · | · | · | · | · | · | · | · | |
| Free Cash Flow | $6M | $74M | $-703M | $-913M | $1.54B | $374M | $375M | · | $43M | $-14M | $-9M |
Profitability 8
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.2% | 15.4% | 16.8% | 18.3% | 18.6% | 17.0% | 15.4% | · | 15.0% | 15.0% | 14.9% | |
| Operating Margin | 4.2% | 4.3% | 5.5% | 6.9% | 7.3% | 5.3% | 3.9% | · | 4.0% | 3.9% | 3.9% | |
| Net Margin | 2.2% | 2.2% | 3.2% | 4.4% | 4.6% | 3.6% | 2.1% | · | 2.4% | 2.3% | 2.3% | |
| Pretax Margin | 2.9% | 3.0% | 4.4% | 6.1% | 6.5% | 4.9% | 3.0% | · | 3.4% | 3.3% | 3.3% | |
| EBITDA Margin | 5.1% | 5.2% | 6.1% | 7.5% | 7.9% | 6.0% | 4.6% | · | 4.6% | 4.5% | 3.9% | |
| ROA | 3.4% | 3.8% | 5.8% | 9.6% | 11.1% | 6.7% | 4.6% | · | 5.8% | 5.6% | 6.0% | |
| ROE | 12.4% | 12.5% | 17.5% | 25.4% | 28.5% | 22.4% | 19.2% | · | 24.6% | 22.7% | 24.4% | |
| ROIC | 18.0% | 18.0% | 20.2% | 27.2% | 25.8% | 19.0% | 24.4% | · | 26.7% | 16.9% | 17.0% |
Liquidity & Solvency 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.2 | 1.4 | 1.5 | 1.5 | 1.3 | 1.2 | · | 1.2 | 1.2 | 1.2 | |
| Quick Ratio | 0.2 | 0.2 | 0.4 | 0.3 | 0.4 | 0.3 | 0.2 | · | 0.3 | 0.2 | 0.2 | |
| Debt / Equity | · | · | · | · | · | · | · | · | · | 0.5 | 0.5 | |
| LT Debt / Equity | · | · | · | · | · | · | · | · | · | 0.5 | 0.5 |
Efficiency 3
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.6 | 1.7 | 1.8 | 2.2 | 2.4 | 1.9 | 2.2 | · | 2.4 | 2.5 | 2.6 | |
| Inventory Turnover | 5.3 | 5.7 | 6.3 | 8.0 | 7.6 | 4.4 | 4.5 | · | 4.4 | 4.5 | 4.9 | |
| Receivables Turnover | 31.7 | 30.9 | 32.1 | 37.6 | 25.1 | 23.5 | 24.5 | · | 21.5 | 23.9 | 26.0 |
Growth Rates 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 4.0% | 16.6% | 10.1% | 23.5% | 73.9% | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 10.1% | 16.6% | 33.2% | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 23.4% | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 9.8% | -18.9% | -17.8% | 20.9% | 87.1% | · | · | · | · | · | · | |
| EPS CAGR 3Y | -9.9% | -6.9% | 22.9% | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 10.6% | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 2.9% | -20.4% | -20.0% | 18.0% | 125.4% | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -13.2% | -9.1% | 28.6% | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 11.8% | · | · | · | · | · | · | · | · | · | · | |
| Dividend CAGR 5Y | 13.7% | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $37.63B | $36.19B | $31.04B | $28.19B | $22.83B | $13.13B | $12.67B | · | $10.09B | $8.68B | $7.86B | |
| Net Income TTM | $820M | $797M | $1.00B | $1.25B | $1.06B | $470M | $272M | · | $245M | $197M | $183M | |
| Market Cap | $7.81B | $9.44B | $9.02B | $5.59B | · | · | · | · | · | · | · | |
| P/E | 10.3 | 12.1 | 9.1 | 4.6 | 8.1 | 15.0 | 12.7 | · | 11.7 | 12.5 | 15.4 | |
| P/S | 0.2 | 0.3 | 0.3 | 0.2 | · | · | · | · | · | · | · | |
| P/B | 1.2 | 1.4 | 1.5 | 1.1 | · | · | · | · | · | · | · | |
| P / Tangible Book | 1.9 | 2.1 | 2.1 | 1.5 | · | · | · | · | · | · | · | |
| P / Cash Flow | 21.9 | 22.2 | -19.1 | -9.2 | · | · | · | · | · | · | · | |
| P / FCF | 1346.5 | 128.0 | -12.8 | -6.1 | · | · | · | · | · | · | · | |
| Dividend Yield | 0.71% | 0.60% | 0.59% | 0.81% | · | · | · | · | · | · | · | |
| Earnings Yield | 9.7% | 8.2% | 11.0% | 21.6% | 12.3% | 6.7% | 7.9% | · | 8.6% | 8.0% | 6.5% | |
| Payout Ratio | 6.8% | 7.0% | 5.3% | 3.6% | 3.7% | 6.2% | 10.2% | · | 10.8% | 12.2% | 10.9% | |
| Annual Payout | $55M | $56M | $53M | $45M | $39M | $29M | $28M | · | $26M | $24M | $20M |
Income Statement 14
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.79B | $9.27B | $9.20B | $9.68B | $9.58B | $9.18B | $9.17B | $9.22B | $9.23B | $8.56B | $7.68B | $8.28B | $8.11B | $6.97B | $6.95B | $7.30B | |
| Cost of Revenue | $8.29B | $7.85B | $7.83B | $8.21B | $8.10B | $7.77B | $7.80B | $7.79B | $7.81B | $7.23B | $6.42B | $6.91B | $6.73B | $5.76B | $5.74B | $5.98B | |
| Gross Profit | $1.50B | $1.42B | $1.37B | $1.47B | $1.49B | $1.41B | $1.37B | $1.43B | $1.42B | $1.34B | $1.26B | $1.37B | $1.39B | $1.21B | $1.21B | $1.31B | |
| SG&A Expense | $1.01B | $1.04B | $979M | $998M | $1.01B | $953M | $902M | $944M | $975M | $934M | $837M | $851M | $842M | $764M | $753M | $754M | |
| Operating Income | $448M | $336M | $342M | $422M | $425M | $406M | $412M | $422M | $394M | $341M | $372M | $465M | $476M | $379M | $400M | $515M | |
| Other Non-op | $36M | $-68M | $-19M | $-13M | $48M | $800.0K | $4M | $5M | $27M | $4M | $16M | $-5M | $10M | $2M | $-6M | $-12M | |
| Pretax Income | $352M | $142M | $190M | $282M | $352M | $284M | $282M | $286M | $283M | $221M | $280M | $361M | $407M | $314M | $336M | $456M | |
| Income Tax | $90M | $40M | $52M | $64M | $94M | $73M | $68M | $65M | $66M | $56M | $64M | $96M | $106M | $85M | $86M | $125M | |
| Net Income | $260M | $100M | $137M | $217M | $256M | $210M | $213M | $207M | $214M | $163M | $213M | $262M | $297M | $229M | $248M | $330M | |
| EPS (Basic) | $11.56 | $4.29 | $5.90 | $8.63 | $9.89 | $7.96 | $7.98 | $7.75 | $7.88 | $5.90 | $7.76 | $9.49 | $10.79 | $8.32 | $9.15 | $11.97 | |
| EPS (Diluted) | $11.54 | $4.28 | $5.90 | $8.61 | $9.87 | $7.94 | $7.96 | $7.73 | $7.87 | $5.89 | $7.75 | $9.46 | $10.78 | $8.30 | $9.10 | $11.92 | |
| Shares (Basic) | 22,500,000 | 23,400,000 | -52,100,000 | 25,200,000 | 25,900,000 | 26,300,000 | -54,400,000 | 26,700,000 | 27,200,000 | 27,500,000 | -55,100,000 | 27,600,000 | 27,500,000 | 27,500,000 | -57,200,000 | 27,500,000 | |
| Shares (Diluted) | 22,500,000 | 23,400,000 | -52,100,000 | 25,200,000 | 25,900,000 | 26,400,000 | -54,500,000 | 26,800,000 | 27,200,000 | 27,600,000 | -55,100,000 | 27,600,000 | 27,600,000 | 27,500,000 | -57,500,000 | 27,600,000 | |
| EBITDA | $448M | $422M | · | $422M | $425M | $484M | · | $424M | $394M | $417M | · | $465M | $476M | $429M | · | $523M |
Balance Sheet 21
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $110M | $161M | · | $206M | $203M | $234M | · | $210M | $516M | $264M | · | $147M | $89M | $185M | · | $173M | |
| Receivables | $1.12B | $1.26B | $1.13B | $1.21B | $1.24B | $1.40B | $1.24B | $1.21B | $1.24B | $1.25B | · | $999M | $885M | $843M | · | $1.00B | |
| Inventory | $6.52B | $6.19B | $6.12B | $5.94B | $6.06B | $5.75B | $5.91B | $6.10B | $6.24B | $5.86B | · | $4.40B | $4.28B | $3.86B | · | $3.31B | |
| Other Current Assets | $268M | $276M | $262M | $354M | $240M | $222M | $223M | $224M | $195M | $217M | · | $158M | $131M | $150M | · | $135M | |
| Current Assets | $8.27B | $8.15B | $7.86B | $7.93B | $7.94B | $7.80B | $7.77B | $7.89B | $8.36B | $7.73B | · | $5.82B | $5.49B | $5.15B | · | $4.68B | |
| Goodwill | $2.54B | $2.47B | $2.48B | $2.44B | $2.45B | $2.40B | $2.12B | $2.13B | $2.12B | $2.08B | $1.93B | $1.73B | $1.61B | $1.52B | $1.46B | $1.46B | |
| Other Non-current Assets | $1.63B | $1.64B | $1.59B | $1.42B | $1.27B | $1.17B | $1.53B | $1.51B | $1.20B | $1.16B | · | $1.06B | $1.28B | $1.05B | · | $2.22B | |
| Total Assets | $26.25B | $25.75B | $25.11B | $24.52B | $24.16B | $23.48B | $23.12B | $23.26B | $23.21B | $22.18B | · | $18.27B | $17.68B | $16.42B | · | $14.07B | |
| Accounts Payable | $487M | $489M | $340M | $337M | $371M | $356M | $334M | $301M | $380M | $328M | · | $307M | $298M | $320M | · | $241M | |
| Accrued Liabilities | $1.23B | $1.25B | $1.21B | $1.21B | $1.18B | $1.22B | $1.12B | $1.12B | $1.20B | $1.18B | · | $872M | $858M | $882M | · | $809M | |
| Current Liabilities | $8.25B | $8.20B | $6.70B | $6.53B | $6.51B | $6.62B | $6.55B | $6.66B | $7.02B | $6.59B | · | $4.38B | $4.05B | $3.95B | · | $2.83B | |
| Capital Leases | $651M | $652M | $662M | $583M | $610M | $597M | $596M | $636M | $627M | $655M | · | $424M | $440M | $428M | · | $338M | |
| Deferred Tax | $567M | $531M | $516M | $531M | $491M | $460M | $397M | $456M | $410M | $379M | · | $324M | $308M | $291M | · | $254M | |
| Other Non-current Liabilities | $490M | $476M | $472M | $381M | $364M | $336M | $319M | $304M | $288M | $277M | · | $243M | $229M | $194M | · | $185M | |
| Total Liabilities | $19.82B | $19.34B | $18.48B | $17.73B | $17.15B | $16.70B | $16.45B | $16.63B | $16.77B | $15.76B | · | $12.20B | $11.88B | $10.94B | · | $9.05B | |
| Common Stock | $0 | $0 | $0 | $165M | $569M | $679M | $793M | $878M | $924M | $1.12B | · | $1.13B | $1.12B | $1.11B | · | $1.11B | |
| Retained Earnings | $6.36B | $6.34B | $6.52B | $6.39B | $6.19B | $5.95B | $5.75B | $5.56B | $5.36B | $5.16B | · | $4.81B | $4.57B | $4.28B | · | $3.83B | |
| AOCI | $38M | $42M | $67M | $87M | $117M | $34M | $-4M | $75M | $3M | $4M | · | $-15M | $11M | $-5M | · | $-22M | |
| Stockholders' Equity | $6.40B | $6.38B | $6.60B | $6.77B | $6.99B | $6.76B | $6.65B | $6.60B | $6.37B | $6.35B | · | $6.00B | $5.76B | $5.44B | · | $4.98B | |
| Liabilities + Equity | $26.25B | $25.75B | $25.11B | $24.52B | $24.16B | $23.48B | $23.12B | $23.26B | $23.21B | $22.18B | · | $18.27B | $17.68B | $16.42B | · | $14.07B | |
| Shares Outstanding | 22,000,000 | 22,800,000 | 23,500,000 | 24,400,000 | 25,700,000 | 26,100,000 | 26,400,000 | 26,600,000 | 26,800,000 | 27,500,000 | · | 27,600,000 | 27,500,000 | 27,500,000 | · | 27,500,000 |
Cash Flow 15
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $88M | $86M | $84M | $81M | $80M | $78M | $76M | $54M | $90M | $76M | $49M | $55M | $50M | $50M | $51M | $42M | |
| Stock-based Comp | $12M | $12M | $15M | $14M | $16M | $15M | $14M | $16M | $13M | $14M | $10M | $11M | $10M | $9M | $9M | $9M | |
| Other Non-cash | · | $-307M | · | · | · | $20M | · | · | · | $40M | · | · | · | $-336M | · | · | |
| Operating Cash Flow | $-66M | $-108M | $124M | $-98M | $9M | $322M | $62M | $219M | $-148M | $292M | $-295M | $122M | $-250M | $-49M | $-93M | $-254M | |
| CapEx | $56M | $97M | $93M | $109M | $80M | $69M | $80M | $62M | $130M | $80M | $66M | $67M | $58M | $39M | $93M | $73M | |
| Investing Cash Flow | $-111M | $-240M | $-548M | $-164M | $-198M | $-117M | $-34M | $-306M | $-249M | $-1.27B | $-30M | $-240M | $-586M | $-414M | $-312M | $-235M | |
| Debt Issued | · | · | $46M | $741M | $0 | $0 | $129M | $100M | $21M | $159M | $0 | $69M | $0 | $10M | $74M | $13M | |
| Net Debt Issued | · | · | · | · | · | $0 | · | · | · | $159M | · | · | · | $10M | · | · | |
| Stock Issued | $8M | $6M | $6M | $7M | $8M | $6M | $6M | $7M | $8M | $6M | $7M | $8M | $9M | $6M | $8M | $9M | |
| Stock Repurchased | $237M | $297M | $299M | $399M | $120M | $143M | $93M | $56M | $202M | $15M | $34M | $0 | $100.0K | $14M | $44M | $21M | |
| Net Stock Activity | · | $-291M | · | · | · | $-138M | · | · | · | $-9M | · | · | · | $-8M | · | · | |
| Dividends Paid | $13M | $13M | $13M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $14M | $12M | $11M | $12M | |
| Financing Cash Flow | $123M | $432M | $348M | $278M | $160M | $-173M | $27M | $-237M | $673M | $445M | $983M | $178M | $739M | $510M | $436M | $615M | |
| Net Change in Cash | $-56M | $81M | $-77M | $13M | $-22M | $32M | $47M | $-317M | $275M | $-532M | $685M | $58M | $-96M | $53M | $31M | $124M | |
| Free Cash Flow | · | $-206M | · | · | · | $253M | · | · | · | $213M | · | · | · | $-88M | · | · |
Profitability 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 15.3% | 15.3% | · | 15.2% | 15.5% | 15.4% | · | 15.5% | 15.4% | 15.6% | · | 16.6% | 17.1% | 17.4% | · | 18.0% | |
| Operating Margin | 4.6% | 3.6% | · | 4.4% | 4.4% | 4.4% | · | 4.6% | 4.3% | 4.0% | · | 5.6% | 5.9% | 5.4% | · | 7.2% | |
| Net Margin | 2.7% | 1.1% | · | 2.2% | 2.7% | 2.3% | · | 2.3% | 2.3% | 1.9% | · | 3.2% | 3.7% | 3.3% | · | 4.5% | |
| Pretax Margin | 3.6% | 1.5% | · | 2.9% | 3.7% | 3.1% | · | 3.1% | 3.1% | 2.6% | · | 4.4% | 5.0% | 4.5% | · | 6.2% | |
| EBITDA Margin | 4.6% | 4.5% | · | 4.4% | 4.4% | 5.3% | · | 4.6% | 4.3% | 4.9% | · | 5.6% | 5.9% | 6.2% | · | 7.2% | |
| ROA | 1.0% | 0.41% | · | 0.91% | 1.1% | 0.92% | · | 1.0% | 1.1% | 0.84% | · | 1.6% | 1.9% | 1.6% | · | 2.7% | |
| ROE | 3.9% | 1.5% | · | 3.2% | 3.8% | 3.2% | · | 3.3% | 3.5% | 2.8% | · | 4.8% | 5.7% | 4.4% | · | 6.9% | |
| ROIC | 5.2% | 3.8% | · | 4.8% | 4.5% | 4.5% | · | 5.0% | 4.7% | 4.0% | · | 5.7% | 6.1% | 5.1% | · | 7.6% |
Liquidity & Solvency 2
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.0 | 1.0 | · | 1.2 | 1.2 | 1.2 | · | 1.2 | 1.2 | 1.2 | · | 1.3 | 1.4 | 1.3 | · | 1.7 | |
| Quick Ratio | 0.1 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.2 | · | 0.3 | 0.2 | 0.3 | · | 0.4 |
Efficiency 3
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.5 | 0.4 | · | 0.5 | 0.5 | 0.5 | · | 0.6 | |
| Inventory Turnover | 1.3 | 1.3 | · | 1.4 | 1.3 | 1.3 | · | 1.5 | 1.5 | 1.5 | · | 1.8 | 1.9 | 1.8 | · | 2.2 | |
| Receivables Turnover | 8.3 | 7.0 | · | 8.0 | 7.7 | 6.9 | · | 8.3 | 8.7 | 8.2 | · | 8.3 | 8.7 | 7.9 | · | 8.0 |
Valuation (TTM) 11
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $38.32B | $37.71B | · | $37.66B | $37.21B | $36.19B | · | $35.29B | $34.18B | $31.92B | · | $30.66B | $29.62B | $28.21B | · | $27.41B | |
| Net Income TTM | $834M | $783M | · | $890M | $887M | $794M | · | $846M | $936M | $950M | · | $1.12B | $1.19B | $1.23B | · | $1.31B | |
| Market Cap | $6.39B | $5.69B | · | $7.71B | $8.68B | $7.66B | · | $8.45B | $6.77B | $8.27B | · | $8.15B | $8.36B | $6.30B | · | $5.90B | |
| P/E | 8.5 | 8.1 | · | 9.3 | 10.1 | 10.0 | · | 10.3 | 7.4 | 8.7 | · | 7.3 | 7.1 | 5.3 | · | 4.7 | |
| P/S | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.3 | · | 0.3 | 0.3 | 0.2 | · | 0.2 | |
| P/B | 1.0 | 0.9 | · | 1.1 | 1.2 | 1.1 | · | 1.3 | 1.1 | 1.3 | · | 1.4 | 1.5 | 1.2 | · | 1.2 | |
| P / Tangible Book | 1.7 | 1.5 | · | 1.8 | 1.9 | 1.8 | · | 1.9 | 1.6 | 1.9 | · | 1.9 | 2.0 | 1.6 | · | 1.7 | |
| P / Cash Flow | · | -52.5 | · | · | · | 23.8 | · | · | · | 28.3 | · | · | · | -128.5 | · | · | |
| P / FCF | · | -27.7 | · | · | · | 30.2 | · | · | · | 38.9 | · | · | · | -71.6 | · | · | |
| Earnings Yield | 11.8% | 12.3% | · | 10.8% | 9.9% | 10.0% | · | 9.7% | 13.5% | 11.4% | · | 13.7% | 14.0% | 18.9% | · | 21.1% | |
| Payout Ratio | · | 12.8% | · | · | · | 6.6% | · | · | · | 8.5% | · | · | · | 5.0% | · | · |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $37.63B | $36.19B | $31.04B | $28.19B | $22.83B |
| Gross Margin % | 15.2% | 15.4% | 16.8% | 18.3% | 18.6% |
| Operating Margin % | 4.2% | 4.3% | 5.5% | 6.9% | 7.3% |
| Net Income | $820M | $797M | $1.00B | $1.25B | $1.06B |
| Diluted EPS | $32.32 | $29.45 | $36.29 | $44.17 | $36.54 |
Balance Sheet
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.2 | 1.4 | 1.5 | 1.5 |
| Quick Ratio | 0.2 | 0.2 | 0.4 | 0.3 | 0.4 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $6M | $74M | $-703M | $-913M | $1.54B |
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Institutional owners (13F) 484 filers · $5.7B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 85 (+20 vs prior Q) | 60 (-30 vs prior Q) | 152 (+4 vs prior Q) | 144 (-15 vs prior Q) | +2.5M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| ABRAMS CAPITAL MANAGEMENT, L.P. | $723,475,222 | 2,490,534 | 12.63% | Shares |
| HARRIS ASSOCIATES L P | $556,383,921 | 1,915,329 | 9.71% | Shares |
| FMR LLC | $401,609,397 | 1,382,524 | 7.01% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $387,461,469 | 1,333,820 | 6.76% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $323,876,887 | 1,114,933 | 5.65% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $299,686,042 | 1,031,657 | 5.23% | Shares |
| STATE STREET CORP | $224,865,114 | 774,089 | 3.93% | Shares |
| River Road Asset Management, LLC | $198,314,328 | 682,689 | 3.46% | Shares |
| LYRICAL ASSET MANAGEMENT LP | $144,678,545 | 498,050 | 2.53% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $142,337,195 | 489,990 | 2.48% | Shares |
| AMERICAN CENTURY COMPANIES INC | $131,504,586 | 452,699 | 2.30% | Shares |
| COOPERMAN LEON G | $98,766,600 | 340,000 | 1.72% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $96,676,072 | 332,695 | 1.69% | Shares |
| UBS Group AG | $94,322,103 | 324,700 | 1.65% | Put option |
| Madison Investment Advisors, LLC | $91,189,504 | 255,125 | 1.59% | Shares |
| COOKE & BIELER LP | $88,957,043 | 306,231 | 1.55% | Shares |
| Madison Asset Management, LLC | $66,988,057 | 230,604 | 1.17% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $66,209,352 | 227,923 | 1.16% | Shares |
| Tensile Capital Management LP | $64,768,522 | 222,963 | 1.13% | Shares |
| Life Cycle Investment Partners Ltd | $60,817,567 | 209,362 | 1.06% | Shares |
| Chicago Capital, LLC | $56,711,598 | 195,227 | 0.99% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $55,599,786 | 191,400 | 0.97% | Put option |
| JONES FINANCIAL COMPANIES LLLP | $54,940,656 | 188,089 | 0.96% | Shares |
| NORGES BANK | $46,055,737 | 158,545 | 0.80% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $42,718,007 | 147,055 | 0.75% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $42,017,345 | 144,643 | 0.73% | Shares |
| Squarepoint Ops LLC | $38,147,728 | 131,322 | 0.67% | Shares |
| BRIDGES INVESTMENT MANAGEMENT INC | $37,268,124 | 128,294 | 0.65% | Shares |
| Walleye Trading LLC | $34,510,212 | 118,800 | 0.60% | Put option |
| Gotham Asset Management, LLC | $33,646,876 | 115,828 | 0.59% | Shares |
| HENNESSY ADVISORS INC | $31,024,332 | 106,800 | 0.54% | Shares |
| BlackRock, Inc. | $30,996,154 | 106,703 | 0.54% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $30,553,175 | 104,864 | 0.53% | Shares |
| CITADEL ADVISORS LLC | $30,065,715 | 103,500 | 0.52% | Put option |
| GOLDMAN SACHS GROUP INC | $28,820,475 | 99,213 | 0.50% | Shares |
| ProShare Advisors LLC | $27,520,442 | 94,738 | 0.48% | Shares |
| RAYMOND JAMES FINANCIAL INC | $23,578,250 | 81,167 | 0.41% | Shares |
| ROYAL LONDON ASSET MANAGEMENT LTD | $22,195,761 | 76,408 | 0.39% | Shares |
| JANE STREET GROUP, LLC | $21,931,995 | 75,500 | 0.38% | Put option |
| Long Focus Capital Management, LLC | $20,624,790 | 71,000 | 0.36% | Shares |
| RHUMBLINE ADVISERS | $19,520,868 | 67,200 | 0.34% | Shares |
| IRIDIAN ASSET MANAGEMENT LLC/CT | $18,551,563 | 63,863 | 0.32% | Shares |
| Nokomis Capital, L.L.C. | $18,268,335 | 62,888 | 0.32% | Shares |
| Woodline Partners LP | $18,182,641 | 62,593 | 0.32% | Shares |
| Retirement Systems of Alabama | $17,024,457 | 58,606 | 0.30% | Shares |
| D. E. Shaw & Co., Inc. | $16,192,784 | 55,743 | 0.28% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $14,970,402 | 51,535 | 0.26% | Shares |
| Covalis Capital LLP | $14,440,258 | 49,710 | 0.25% | Shares |
| MILLENNIUM MANAGEMENT LLC | $14,274,388 | 49,139 | 0.25% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $14,175,912 | 48,800 | 0.25% | Shares |
| Swiss National Bank | $13,577,503 | 46,740 | 0.24% | Shares |
| CITADEL ADVISORS LLC | $13,305,313 | 45,803 | 0.23% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $13,014,242 | 44,801 | 0.23% | Shares |
| CIBC Private Wealth Group LLC | $12,981,702 | 41,081 | 0.23% | Shares |
| EVENTIDE ASSET MANAGEMENT, LLC | $12,732,712 | 43,813 | 0.22% | Shares |
| CIBC Bancorp USA Inc. | $12,632,829 | 43,952 | 0.22% | Shares |
| FIRST TRUST ADVISORS LP | $11,765,425 | 40,502 | 0.21% | Shares |
| ALLIANCEBERNSTEIN L.P. | $10,971,448 | 43,935 | 0.19% | Shares |
| AMERIPRISE FINANCIAL INC | $10,558,210 | 36,346 | 0.18% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $10,312,395 | 35,500 | 0.18% | Call option |
| D. E. Shaw & Co., Inc. | $10,167,150 | 35,000 | 0.18% | Put option |
| UBS Group AG | $9,806,071 | 33,757 | 0.17% | Shares |
| California Public Employees Retirement System | $9,564,964 | 32,927 | 0.17% | Shares |
| BANK OF AMERICA CORP /DE/ | $9,536,496 | 32,829 | 0.17% | Shares |
| D. E. Shaw & Co., Inc. | $9,499,023 | 32,700 | 0.17% | Call option |
| ENVESTNET ASSET MANAGEMENT INC | $9,301,185 | 32,019 | 0.16% | Shares |
| Quantinno Capital Management LP | $9,064,855 | 31,205 | 0.16% | Shares |
| Alyeska Investment Group, L.P. | $8,502,642 | 29,270 | 0.15% | Shares |
| Dana Investment Advisors, Inc. | $8,088,985 | 27,846 | 0.14% | Shares |
| VANGUARD GROUP INC | $7,423,588 | 22,338 | 0.13% | Shares |
| IMC-Chicago, LLC | $7,404,590 | 25,490 | 0.13% | Shares |
| Channing Capital Management, LLC | $7,141,987 | 24,586 | 0.12% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $7,076,565 | 28,338 | 0.12% | Shares |
| Harfst & Associates, Inc. | $6,833,778 | 23,525 | 0.12% | Shares |
| Bridge City Capital, LLC | $6,581,341 | 22,656 | 0.11% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $6,404,143 | 22,046 | 0.11% | Shares |
| Susquehanna Portfolio Strategies, LLC | $6,279,232 | 21,616 | 0.11% | Shares |
| Walleye Trading LLC | $5,867,898 | 20,200 | 0.10% | Call option |
| Russell Investments Group, Ltd. | $5,788,013 | 19,925 | 0.10% | Shares |
| Snowden Capital Advisors LLC | $5,741,157 | 19,764 | 0.10% | Shares |
| Brandywine Global Investment Management, LLC | $5,736,016 | 17,260 | 0.10% | Shares |
| KENNEDY CAPITAL MANAGEMENT LLC | $5,485,616 | 18,884 | 0.10% | Shares |
| CITADEL ADVISORS LLC | $5,345,016 | 18,400 | 0.09% | Call option |
| WELLS FARGO & COMPANY/MN | $5,299,994 | 18,245 | 0.09% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $5,155,617 | 17,748 | 0.09% | Shares |
| VOYA INVESTMENT MANAGEMENT LLC | $5,104,781 | 17,573 | 0.09% | Shares |
| Walleye Trading LLC | $4,834,625 | 16,643 | 0.08% | Shares |
| WINTON GROUP Ltd | $4,811,095 | 16,562 | 0.08% | Shares |
| SCOTIA CAPITAL INC. | $4,761,418 | 16,391 | 0.08% | Shares |
| LOGAN CAPITAL MANAGEMENT INC | $4,753,288 | 16,363 | 0.08% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $4,666,431 | 16,064 | 0.08% | Shares |
| ROYAL BANK OF CANADA | $4,524,000 | 15,572 | 0.08% | Shares |
| STIFEL FINANCIAL CORP | $4,384,597 | 15,091 | 0.08% | Shares |
| Ilex Capital Partners (UK) LLP | $4,368,679 | 15,039 | 0.08% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $4,246,092 | 14,617 | 0.07% | Shares |
| Legal & General Group Plc | $3,847,831 | 13,246 | 0.07% | Shares |
| XTX Topco Ltd | $3,832,725 | 13,194 | 0.07% | Shares |
| Squarepoint Ops LLC | $3,689,223 | 12,700 | 0.06% | Call option |
| CAXTON ASSOCIATES LLP | $3,648,554 | 12,560 | 0.06% | Shares |
| LPL Financial LLC | $3,630,720 | 12,499 | 0.06% | Shares |
Company insiders 38 insiders · 17 officers · 18 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Bryan B Deboer | Chief Executive Officer | Jan. 9, 2026 F | 204,845 | 0 | 0 | $0 |
| Tina Miller | Chief Financial Officer | Jan. 3, 2025 F | 10,132 | 0 | 0 | $0 |
| John F North | Senior Vice President & CFO | Feb. 22, 2019 A | 22,317 | 0 | 0 | $0 |
| Jeffrey B Deboer | Senior Vice President, CFO | March 12, 2010 A | 21,711 | 0 | 0 | $0 |
| M L Dick Heimann | President of Corporate Affairs | Nov. 29, 2012 M | 196,929 | 0 | 0 | $0 |
| Adam Chamberlain | Chief Operating Officer | Feb. 14, 2025 S | 2,605 | 0 | 0 | $0 |
| Gary M Glandon | Chief People Officer | Feb. 13, 2025 S | 1,665 | 0 | 0 | $0 |
| David Stork | Chief Administrative Officer | Jan. 3, 2025 F | 3,219 | 0 | 0 | $0 |
| Chris Holzshu | Executive Vice President | Jan. 3, 2025 F | 28,296 | 0 | 0 | $0 |
| Scott Hillier | Sr Vice President, Operations | Jan. 3, 2024 F | 48,669 | 0 | 0 | $0 |
| Marguerite Celeste | Chief Marketing Officer | Feb. 22, 2023 A | 3,056 | 0 | 0 | $0 |
| Thomas Dobry | Senior Vice President | Feb. 18, 2021 A | 19,374 | 0 | 0 | $0 |
| Erik Lewis | Senior Vice President | Feb. 22, 2019 A | 2,768 | 0 | 0 | $0 |
| George Chun-Wai Liang | Senior Vice President | Feb. 22, 2019 A | 11,507 | 0 | 0 | $0 |
| Bradford R Gray | Consultant | March 10, 2015 F | 19,467 | 0 | 0 | $0 |
| Linda Ganim | Chief Accounting Officer | March 10, 2008 A | 10,043 | 0 | 0 | $0 |
| Don H Jones | Sr. Vice President, Retail | Aug. 1, 2007 M | 43,047 | 0 | 0 | $0 |
| Congdon Stacy Loretz | Director | June 12, 2026 S | 2,375 | 0 | 3 | $-70,075 |
| Shauna Mcintyre | Director | June 10, 2026 S | 1,681 | 0 | 1 | $-50,431 |
| Louis Miramontes | Director | Aug. 22, 2025 S | 5,679 | 0 | 1 | $-81,015 |
| James E. Lentz | Director | April 24, 2025 A | 2,545 | 0 | 0 | $0 |
| Cassandra M. Mckinney | Director | April 24, 2025 A | 1,300 | 0 | 0 | $0 |
| David J Robino | Director | April 23, 2024 A | 10,189 | 0 | 0 | $0 |
| Kenneth E Roberts | Director | March 15, 2024 G | 51,794 | 0 | 0 | $0 |
| Susan O Cain | Director | May 31, 2023 J | 600 | 0 | 0 | $0 |
| Thomas R Becker | Director | April 27, 2018 A | 67,075 | 0 | 0 | $0 |
| Shau-Wai Lam | Director | April 22, 2016 A | 2,867 | 0 | 0 | $0 |
| William J Young | Director | Nov. 3, 2015 S | 13,607 | 0 | 0 | $0 |
| William L Glick | Director | May 1, 2009 A | 15,934 | 0 | 0 | $0 |
| Charles R Hughes | Director | May 1, 2009 A | 15,934 | 0 | 0 | $0 |
| A J Wagner | Director | May 1, 2009 A | 4,000 | 0 | 0 | $0 |
| Maryann Keller | Director | April 30, 2009 A | 7,692 | 0 | 0 | $0 |
| Gerald F Taylor | Director | April 27, 2007 M | 16,600 | 0 | 0 | $0 |
| Phil Romero | Director | June 1, 2005 A | 2,200 | 0 | 0 | $0 |
| LITHIA MOTORS INC | 10% owner | Oct. 13, 2021 J | 12,827,826 | 0 | 0 | $0 |
| LITHIA HOLDING CO LLC | 10% owner | March 2, 2016 C | 0 | 0 | 0 | $0 |
| Sidney B Deboer | — | Aug. 3, 2026 F | 26,137 | 0 | 0 | $0 |
| George N Hines | — | Jan. 9, 2026 F | 7,894 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Lithia Holding Company, L.L.C., Sidney B. DeBoer ×3 filings | Aug. 11, 2017 | — | Initial filing | Passive investment | SEC |
| Lithia Holding Company, LLC, Sidney B. DeBoer ×3 filings | Oct. 30, 2012 | — | Initial filing | — | SEC |
| Howson Tattersall Investment Counsel Limited | Sept. 24, 2008 | — | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 112 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| RFV · Invesco Exchange-Traded Fund Trust | 1.92% | 17,324 SH | Aug. 8, 2026 | Daily |
| RWK · Invesco Exchange-Traded Fund Trust … | 1.83% | 65,823 SH | Aug. 8, 2026 | Daily |
| REGL · ProShares Trust | 1.63% | 94,180 NS | May 31, 2026 | N-PORT |
| FXD · First Trust Exchange-Traded AlphaDE… | 1.60% | 14,582 NS | April 30, 2026 | N-PORT |
| ABCS · EA Series Trust | 1.14% | 445 NS | May 29, 2026 | N-PORT |
| RETL · Direxion Shares ETF Trust | 1.09% | 1,181 NS | April 30, 2026 | N-PORT |
| LCLG · Advisors Series Trust | 1.05% | 3,672 NS | April 30, 2026 | N-PORT |
| GURU · Global X Funds | 1.04% | 2,094 NS | April 30, 2026 | N-PORT |
| PAMC · Pacer Funds Trust | 1.01% | 2,196 NS | April 30, 2026 | N-PORT |
| TAX · EA Series Trust | 0.85% | 745 NS | May 29, 2026 | N-PORT |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.82% | 6,103 NS | April 30, 2026 | N-PORT |
| BSJR · Invesco Exchange-Traded Self-Indexe… | 0.62% | 5,500,000 | Aug. 8, 2026 | Daily |
| AUSF · Global X Funds | 0.52% | 15,232 NS | May 31, 2026 | N-PORT |
| IJJ · iShares Trust | 0.49% | 116,215 SH | Aug. 8, 2026 | Daily |
| DFSV · Dimensional ETF Trust | 0.47% | 122,154 NS | April 30, 2026 | N-PORT |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.40% | 18,217 NS | April 30, 2026 | N-PORT |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.38% | 19,584 SH | Aug. 8, 2026 | Daily |
| DFAT · Dimensional ETF Trust | 0.37% | 173,865 NS | April 30, 2026 | N-PORT |
| ESSC · Strategy Shares | 0.30% | 267 NS | April 30, 2026 | N-PORT |
| IQSM · New York Life Investments ETF Trust | 0.29% | 3,191 NS | April 30, 2026 | N-PORT |
| AVUV · AMERICAN CENTURY ETF TRUST | 0.29% | 269,000 NS | May 31, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.28% | 32 NS | May 29, 2026 | N-PORT |
| XJH · iShares Trust | 0.27% | 3,081 SH | Aug. 8, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.26% | 3,077 SH | Aug. 8, 2026 | Daily |
| FFSM · FIDELITY COVINGTON TRUST | 0.26% | 11,519 NS | April 30, 2026 | N-PORT |
| ISCV · iShares Trust | 0.25% | 4,722 SH | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.25% | 11,878 SH | Aug. 8, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.25% | 1,179 NS | April 30, 2026 | N-PORT |
| IJH · iShares Trust | 0.24% | 786,868 SH | Aug. 8, 2026 | Daily |
| AKAF · ETF Series Solutions | 0.23% | 23 NS | May 31, 2026 | N-PORT |
| FBCV · FIDELITY COVINGTON TRUST | 0.22% | 1,224 NS | April 30, 2026 | N-PORT |
| FFLV · FIDELITY COVINGTON TRUST | 0.22% | 130 NS | April 30, 2026 | N-PORT |
| ESML · iShares Trust | 0.21% | 15,987 SH | Aug. 8, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.21% | 2,787 NS | April 30, 2026 | N-PORT |
| DFVE · DoubleLine ETF Trust | 0.21% | 225 NS | March 31, 2026 | N-PORT |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.18% | 36,892 SH | Aug. 8, 2026 | Daily |
| IEDI · iShares U.S. ETF Trust | 0.18% | 136 SH | Aug. 8, 2026 | Daily |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.17% | 3,702 NS | May 31, 2026 | N-PORT |
| VCR · VANGUARD WORLD FUND | 0.17% | 39,434 SH | Aug. 8, 2026 | Daily |
| BKMC · BNY Mellon ETF Trust | 0.17% | 3,637 NS | April 30, 2026 | N-PORT |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.17% | 4,226 NS | April 30, 2026 | N-PORT |
| MVV · ProShares Trust | 0.15% | 838 NS | May 31, 2026 | N-PORT |
| DFAS · Dimensional ETF Trust | 0.15% | 71,741 NS | April 30, 2026 | N-PORT |
| VBR · VANGUARD INDEX FUNDS | 0.14% | 332,061 SH | Aug. 8, 2026 | Daily |
| MIDU · Direxion Shares ETF Trust | 0.14% | 402 NS | April 30, 2026 | N-PORT |
| IYC · iShares Trust | 0.14% | 4,477 SH | Aug. 8, 2026 | Daily |
| FDIS · FIDELITY COVINGTON TRUST | 0.14% | 8,383 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.13% | 9,257 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.13% | 65,573 NS | May 31, 2026 | N-PORT |
| ISCB · iShares Trust | 0.13% | 961 SH | Aug. 8, 2026 | Daily |