Lithia & Driveway Records $37.63B Revenue, 16% Annual EPS Gain
Lithia & Driveway reported record full-year 2025 revenue of $37.63 billion, up 4.0%, and adjusted EPS of $33.46, a 16% increase. Fourth-quarter revenue reached $9.20 billion with diluted EPS of $5.72, a 28% decline, and the company repurchased $947 million of shares.
1. Full Year 2025 Results
Lithia & Driveway achieved record full-year revenue of $37.63 billion, up 4.0%, with net income of $825.9 million. Diluted EPS rose 10% to $32.32 and adjusted EPS increased 16% to $33.46 versus 2024.
2. Fourth Quarter Performance
Fourth-quarter revenue inched up 0.3% to $9.20 billion, while diluted EPS fell 28% to $5.72 and adjusted EPS declined 12% to $6.74. Net income dropped 35.5% to $137.9 million and same-store sales were nearly flat.
3. Capital Allocation
The company repurchased $947 million of shares, equating to 11.4% of outstanding stock in 2025, and declared a $0.55 per share dividend. Approximately $621.6 million remains available under the current repurchase authorization.
4. Driveway Finance & Acquisitions
Driveway Finance delivered a record $23 million quarterly income and achieved a 15.0% penetration rate with an average FICO score of 751. Strategic acquisitions totaled $2.4 billion of annualized revenue, offset by $1.3 billion divested.