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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 31,042,300,000 $ 28,187,800,000 $ 22,831,700,000
Cost of sales:      
Total cost of sales 25,813,400,000 23,035,400,000 18,572,700,000
Gross profit 5,228,900,000 5,152,400,000 4,259,000,000
Financing operations (loss) income (45,900,000) (4,000,000.0) 11,000,000.0
Asset impairments 0 0 1,900,000
Selling, general and administrative 3,294,800,000 3,044,100,000 2,480,800,000
Depreciation and amortization 195,800,000 163,200,000 124,800,000
Operating income 1,692,400,000 1,941,100,000 1,662,500,000
Floor plan interest expense (150,900,000) (38,800,000) (22,300,000)
Other interest expense (201,200,000) (129,100,000) (103,400,000)
Other income (expense), net 22,000,000.0 (43,200,000) (52,000,000.0)
Income before income taxes 1,362,300,000 1,730,000,000 1,484,800,000
Income tax provision (350,600,000) (468,400,000) (422,100,000)
Net income 1,011,700,000 1,261,600,000 1,062,700,000
Net income attributable to non-controlling interests (6,500,000) (4,800,000) (1,700,000)
Net income attributable to redeemable non-controlling interest (4,400,000) (5,800,000) (900,000)
Net income attributable to Lithia Motors, Inc. $ 1,000,800,000 $ 1,251,000,000 $ 1,060,100,000
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 36.36 $ 44.38 $ 36.81
Shares used in basic per share calculations (in shares) 27.5 28.2 28.8
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 36.29 $ 44.17 $ 36.54
Shares used in diluted per share calculations (in shares) 27.6 28.3 29.0
Cash dividend paid per share (in dollars per share) $ 1.92 $ 1.61 $ 1.36
New vehicle retail      
Revenues:      
Total revenues $ 15,154,200,000 $ 12,894,500,000 $ 11,197,700,000
Cost of sales:      
Total cost of sales 13,760,100,000 11,314,800,000 9,979,200,000
Used vehicle retail      
Revenues:      
Total revenues 9,570,200,000 9,425,000,000 7,255,300,000
Cost of sales:      
Total cost of sales 8,848,800,000 8,599,600,000 6,428,600,000
Used vehicle wholesale      
Revenues:      
Total revenues 1,325,300,000 1,425,200,000 957,100,000
Cost of sales:      
Total cost of sales 1,343,700,000 1,440,600,000 913,700,000
Finance and insurance      
Revenues:      
Total revenues 1,337,000,000 1,285,400,000 1,051,300,000
Service, body and parts      
Revenues:      
Total revenues 3,197,100,000 2,738,800,000 2,110,900,000
Cost of sales:      
Total cost of sales 1,445,700,000 1,275,800,000 1,000,400,000
Fleet and other      
Revenues:      
Total revenues 458,500,000 418,900,000 259,400,000
Cost of sales:      
Total cost of sales $ 415,100,000 $ 404,600,000 $ 250,800,000