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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues        
Total revenues $ 9,675.8 $ 9,221.0 $ 28,437.1 $ 27,014.7
Cost of sales        
Total cost of sales 8,209.8 7,790.6 24,075.6 22,825.2
Gross profit 1,466.0 1,430.4 4,361.5 4,189.5
Finance operations income (loss) 19.1 (1.4) 51.7 4.1
Selling, general and administrative 998.0 943.6 2,965.3 2,853.0
Depreciation and amortization 65.5 63.5 194.6 183.6
Operating profit 421.6 421.9 1,253.3 1,157.0
Floor plan interest expense (57.8) (76.6) (169.8) (214.0)
Other interest expense, net (68.3) (64.5) (200.5) (189.3)
Other (expense) income, net (13.3) 5.1 35.9 35.4
Income before income taxes 282.2 285.9 918.9 789.1
Income tax provision (63.6) (64.8) (230.9) (186.5)
Net income 218.6 221.1 688.0 602.6
Net income attributable to non-controlling interest (1.5) (1.2) (5.3) (3.8)
Net income attributable to redeemable non-controlling interest 0.0 (12.6) 0.0 (14.8)
Net income attributable to Lithia Motors, Inc. $ 217.1 $ 207.3 $ 682.7 $ 584.0
Basic earnings per share attributable to Lithia Motors, Inc. common stockholders (in dollars per share) $ 8.63 $ 7.75 $ 26.47 $ 21.50
Shares used in basic per share calculations (in shares) 25.2 26.7 25.8 27.2
Diluted earnings per share attributable to Lithia Motors, Inc. common stockholders (in dollars per share) $ 8.61 $ 7.73 $ 26.42 $ 21.47
Shares used in diluted per share calculations (in shares) 25.2 26.8 25.8 27.2
Cash dividends paid per share (in dollars per share) $ 0.55 $ 0.53 $ 1.63 $ 1.56
New vehicle retail        
Revenues        
Total revenues $ 4,630.3 $ 4,430.0 $ 13,508.9 $ 12,847.9
Cost of sales        
Total cost of sales 4,353.6 4,123.6 12,655.3 11,925.4
Used vehicle retail        
Revenues        
Total revenues 3,096.3 2,843.3 9,110.2 8,630.1
Cost of sales        
Total cost of sales 2,902.9 2,654.4 8,518.6 8,062.9
Used vehicle wholesale        
Revenues        
Total revenues 367.0 390.9 1,081.1 1,018.1
Cost of sales        
Total cost of sales 371.5 393.0 1,090.6 1,020.7
Finance and insurance        
Revenues        
Total revenues 378.6 360.4 1,116.8 1,061.9
Aftersales        
Revenues        
Total revenues 1,037.1 1,012.8 3,039.6 2,876.3
Cost of sales        
Total cost of sales 432.6 453.0 1,283.3 1,285.1
Fleet and other        
Revenues        
Total revenues 166.5 183.6 580.5 580.4
Cost of sales        
Total cost of sales $ 149.2 $ 166.6 $ 527.8 $ 531.1