ADDED
As of February 25, 2026, there were 23,374,910 shares of the registrant s common stock outstanding.
LAD Lithia and Driveway LMMH Lithia Marubeni Mobility Holdings MPEE Multi-Period Excess Earnings Mizuho Mizuho Bank, Ltd.
As of December 31, 2025, we operated 455 locations representing 54 brands in the United States, the United Kingdom, and Canada.
We invested $751.0 million, net of floor plan debt, to acquire these stores and we anticipate these acquisitions to add nearly $2.4 billion in annualized revenues.
Our current free cash flow deployment strategy includes a target allocation of 25% to 35% investment in acquisitions, 25% investment in capital expenditures, innovation, and diversification and 40% to 50% in shareholder return in the form of dividends and share repurchases due to current valuation trends in acquisitions relative to stock price performance.
During 2025, we utilized $350.9 million for capital expenditures investing in our existing business and paid $55.3 million in dividends.
As of December 31, 2025, we had available liquidity of approximately $1.5 billion, which was comprised of $109.2 million in unrestricted cash, $56.4 million in marketable securities, and $1.4 billion availability on our credit facilities.
They can browse a vast nationwide inventory of new, used, and certified pre-owned (CPO) vehicles, and get their vehicle shipped straight to their driveway or pick it up at one of Lithia s 300+ U.S.
In 2025, we reduced our marketing cost per retail delivery by 21% and our marketing cost per purchase pickup by 51%, through relentlessly testing our media efficiency in conjunction with operational gains.
With the industry transitioning to more sustainable practices and alternative-fuel vehicles, we are excited that GreenCars, our online education resource for sustainable mobility, had approximately 9.0 million unique visitors in 2025 at GreenCars.com, of which we saw a 50% increase in direct and organic traffic.
REMOVED
As of February 24, 2025, there were 26,286,746 shares of the registrant s common stock outstanding.
LAD Lithia and Driveway LPG Lithia Partners Group LMMH Lithia Marubeni Mobility Holdings MPEE Multi-Period Excess Earnings Mizuho Mizuho Bank, Ltd.
As of December 31, 2024, we operated 459 locations representing 52 brands in the United States, the United Kingdom, and Canada.
We invested $1.1 billion, net of floor plan debt, to acquire these stores and we anticipate these acquisitions to add nearly $5.9 billion in annualized revenues.
Our current free cash flow deployment strategy has shifted to an allocation of 35% to 45% investment in acquisitions, 25% investment in capital expenditures, innovation, and diversification and 30% to 40% in shareholder return in the form of dividends and share repurchases due to current valuation trends in acquisitions relative to stock price performance.
During 2024, we utilized $351.4 million for capital expenditures investing in our existing business and paid $56.5 million in dividends.
As of December 31, 2024, we had available liquidity of approximately $1.4 billion, which was comprised of $225.1 million in unrestricted cash, $53.4 million in marketable securities, and $1.1 billion availability on our credit facilities.
In addition, our unfinanced real estate could provide additional liquidity of approximately $290.0 million.
They can browse a vast nationwide inventory of new, used, and certified pre-owned vehicles (CPO), and get their vehicle shipped straight to their driveway or pick it up at one of Lithia s 290+ stores in the Driveway network.
In 2024, we reduced our cost per order by 32.5% and our cost per acquisition by 96.3%, through relentlessly testing our media efficiency in conjunction with operational gains.