v3.26.1
EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 30, 2026
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 June 30,
Six Months Ended June 30,
(In millions, except per share amounts)
2026
2025
2026
2025
Net income attributable to Lithia Motors, Inc.
$260.0
$256.1
$360.4
$465.6
Weighted average common shares outstanding – basic
22.5
25.9
22.9
26.1
Effect of employee stock purchases and restricted stock
units on weighted average common shares outstanding
0.1
0.1
Weighted average common shares outstanding –
diluted
22.5
25.9
23.0
26.2
Basic EPS attributable to Lithia Motors, Inc. common
stockholders
$11.56
$9.89
$15.71
$17.83
Diluted EPS attributable to Lithia Motors, Inc. common
stockholders
$11.54
$9.87
$15.68
$17.80