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EARNINGS PER SHARE (Tables)
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted The following is a reconciliation of net income attributable to Lithia Motors, Inc. and weighted average shares used
for our basic EPS and diluted EPS:
Three Months Ended September 30,
Nine Months Ended September 30,
(In millions, except per share amounts)
2025
2024
2025
2024
Net income attributable to Lithia Motors, Inc.
$217.1
$207.3
$682.7
$584.0
Weighted average common shares outstanding – basic
25.2
26.7
25.8
27.2
Effect of employee stock purchases and restricted
stock units on weighted average common shares
outstanding
0.1
Weighted average common shares outstanding –
diluted
25.2
26.8
25.8
27.2
Basic EPS attributable to Lithia Motors, Inc. common
stockholders
$8.63
$7.75
$26.47
$21.50
Diluted EPS attributable to Lithia Motors, Inc. common
stockholders
$8.61
$7.73
$26.42
$21.47