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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Total revenues $ 36,188.2 $ 31,042.3 $ 28,187.8
Cost of sales:      
Total cost of sales 30,627.2 25,813.4 23,035.4
Gross profit 5,561.0 5,228.9 5,152.4
Financing operations income (loss) 15.4 (45.9) (4.0)
Selling, general and administrative 3,755.2 3,294.8 3,044.1
Depreciation and amortization 245.6 195.8 163.2
Operating income 1,575.6 1,692.4 1,941.1
Floor plan interest expense (278.8) (150.9) (38.8)
Other interest expense (257.8) (201.2) (129.1)
Other income (expense), net 39.3 22.0 (43.2)
Income before income taxes 1,078.3 1,362.3 1,730.0
Income tax provision (256.7) (350.6) (468.4)
Net income 821.6 1,011.7 1,261.6
Net income attributable to non-controlling interests (4.8) (6.5) (4.8)
Net income attributable to redeemable non-controlling interest (14.8) (4.4) (5.8)
Net income attributable to Lithia Motors, Inc. $ 802.0 $ 1,000.8 $ 1,251.0
Basic earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 29.71 $ 36.36 $ 44.38
Shares used in basic per share calculations (in shares) 27.0 27.5 28.2
Diluted earnings per share attributable to Lithia Motors, Inc. (in dollars per share) $ 29.65 $ 36.29 $ 44.17
Shares used in diluted per share calculations (in shares) 27.1 27.6 28.3
Cash dividend paid per share (in dollars per share) $ 2.09 $ 1.92 $ 1.61
New vehicle retail      
Revenues:      
Total revenues $ 17,553.8 $ 15,154.2 $ 12,894.5
Cost of sales:      
Total cost of sales 16,324.1 13,760.1 11,314.8
Used vehicle retail      
Revenues:      
Total revenues 11,268.5 9,570.2 9,425.0
Cost of sales:      
Total cost of sales 10,539.9 8,848.8 8,599.6
Used vehicle wholesale      
Revenues:      
Total revenues 1,359.0 1,325.3 1,425.2
Cost of sales:      
Total cost of sales 1,365.3 1,343.7 1,440.6
Finance and insurance      
Revenues:      
Total revenues 1,417.7 1,337.0 1,285.4
Aftersales      
Revenues:      
Total revenues 3,801.5 3,197.1 2,738.8
Cost of sales:      
Total cost of sales 1,678.5 1,445.7 1,275.8
Fleet and other      
Revenues:      
Total revenues 787.7 458.5 418.9
Cost of sales:      
Total cost of sales $ 719.4 $ 415.1 $ 404.6