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On the Record · Lithia Motors

Lithia Motors acquisitions, on the record

The businesses Lithia Motors bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
56 stores acquired during 2023
Word for word“During 2023, we acquired 56 stores and divested eight stores.” 10-K for 2023
acquisitionDuring 2023—
eight stores divested during 2023
Word for word“During 2023, we acquired 56 stores and divested eight stores.” 10-K for 2023
divestitureDuring 2023—
stores sold (proceeds from sales of stores)
Word for word“Proceeds from sales of stores 142.9 212.1 (69.2) 76.3 135.8 38 Capital Expenditures Below is a summary of our capital expenditure activities:” 10-K for 2023
divestiture—142.9
146 stores
Word for word“During 2024, we acquired 146 stores and divested 10 stores.” 10-K for 2024
acquisitionDuring 2024—
17 stores
Word for word“During 2025, we acquired 17 stores and divested 12 stores.” 10-K for 2025
acquisitionDuring 2025—
12 stores
Word for word“During 2025, we acquired 17 stores and divested 12 stores.” 10-K for 2025
divestitureDuring 2025—
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$234.7 million$47.4 million
2017-12-31$460.4 million—
2018-12-31$373.8 million$180.7 million
2019-12-31$366.6 million$17.4 million
2020-12-31$1.5 billion$395.5 million
2021-12-31$2.7 billion$395.5 million
2022-12-31$1.24 billion$500.4 million
2023-12-31$1.19 billion$519.1 million
2024-12-31$1.25 billion$167 million
2025-12-31$886.4 million$383.1 million

Deal filings since 2016

Read from Lithia Motors’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.