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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Total revenues $ 9,178.3 $ 8,561.8
Cost of sales    
Total cost of sales 7,767.9 7,226.6
Gross profit 1,410.4 1,335.2
Finance operations income (loss) 12.5 (1.7)
Selling, general and administrative 952.7 934.3
Depreciation and amortization 63.9 57.8
Operating income 406.3 341.4
Floor plan interest expense (57.1) (60.7)
Other interest expense, net (65.5) (63.6)
Other income, net 0.8 3.5
Income before income taxes 284.5 220.6
Income tax provision (73.3) (55.6)
Net income 211.2 165.0
Net income attributable to non-controlling interest (1.7) (1.5)
Net income attributable to redeemable non-controlling interest 0.0 (0.9)
Net income attributable to Lithia Motors, Inc. $ 209.5 $ 162.6
Basic earnings per share attributable to Lithia Motors, Inc. common stockholders (in dollars per share) $ 7.96 $ 5.90
Shares used in basic per share calculations (in shares) 26.3 27.5
Diluted earnings per share attributable to Lithia Motors, Inc. common stockholders (in dollars per share) $ 7.94 $ 5.89
Shares used in diluted per share calculations (in shares) 26.4 27.6
Cash dividends paid per share (in dollars per share) $ 0.53 $ 0.50
New vehicle retail    
Revenues    
Total revenues $ 4,380.2 $ 4,014.1
Cost of sales    
Total cost of sales 4,102.8 3,718.8
Used vehicle retail    
Revenues    
Total revenues 2,919.1 2,800.8
Cost of sales    
Total cost of sales 2,729.2 2,618.1
Used vehicle wholesale    
Revenues    
Total revenues 331.0 337.7
Cost of sales    
Total cost of sales 332.6 338.7
Finance and insurance    
Revenues    
Total revenues 364.3 340.6
Aftersales    
Revenues    
Total revenues 979.1 912.8
Cost of sales    
Total cost of sales 417.6 410.8
Fleet and other    
Revenues    
Total revenues 204.6 155.8
Cost of sales    
Total cost of sales $ 185.7 $ 140.2