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ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Pro Forma Summary Revenue and operating income contributed by the 2025 acquisitions subsequent to the date of acquisition were as
follows (in millions):
Nine Months Ended September 30,
2025
Revenue
$149.0
Operating income
7.4
The following unaudited pro forma summary presents consolidated information as if all acquisitions in the three and
nine-month periods ended September 30, 2025 and 2024 had occurred on January 1, 2024:
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions, except per share amounts)
2025
2024
2025
2024
Revenue
$9,710.7
$9,356.8
$28,667.1
$27,403.0
Net income attributable to Lithia Motors, Inc.
219.1
224.8
693.8
612.9
Basic EPS attributable to Lithia Motors, Inc.
common stockholders
8.71
8.41
26.89
22.57
Diluted EPS attributable to Lithia Motors, Inc.
common stockholders
8.69
8.39
26.85
22.53
Schedule of Assets Acquired and Liabilities Assumed The following tables summarize the consideration paid for the 2025 acquisitions and the PPA for identified assets
acquired and liabilities assumed as of the acquisition date:
(In millions)
Consideration
Cash paid, net of cash acquired
$417.6
Total consideration transferred
$417.6
(In millions)
Assets Acquired
and Liabilities
Assumed
Inventories, net
$82.4
Property and equipment
114.2
Operating lease right-of-use assets
0.4
Other assets
222.6
Operating lease liabilities
(0.4)
Other liabilities and deferred revenue
(1.6)
Total net assets acquired and liabilities assumed
$417.6