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Side-by-side financial comparison of LITHIA MOTORS INC (LAD) and ROYAL BANK OF CANADA (RY). Click either name above to swap in a different company.

ROYAL BANK OF CANADA is the larger business by last-quarter revenue ($13.1B vs $9.2B, roughly 1.4× LITHIA MOTORS INC). ROYAL BANK OF CANADA runs the higher net margin — 32.2% vs 1.5%, a 30.7% gap on every dollar of revenue.

Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. As of 2025, Lithia is the largest automotive retailer in the United States by revenue, ahead of competitors such as AutoNation and Penske Automotive Group. As of December 31, 2024, Lithia operates 459 dealership locations across the United States, Canada, and the United Kingdom. The company employs approximately 30,000 people worldwide.

The Royal Bank of Canada is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 18 million clients and has more than 98,000 employees worldwide. Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in Toronto and its head office in Montreal. RBC's institution number is 003. In November 2017, RBC was added to the Financial Stability Board's list of global systemically important banks.

LAD vs RY — Head-to-Head

Bigger by revenue
RY
RY
1.4× larger
RY
$13.1B
$9.2B
LAD
Higher net margin
RY
RY
30.7% more per $
RY
32.2%
1.5%
LAD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
LAD
LAD
RY
RY
Revenue
$9.2B
$13.1B
Net Profit
$136.9M
$4.2B
Gross Margin
14.9%
Operating Margin
3.7%
Net Margin
1.5%
32.2%
Revenue YoY
0.3%
Net Profit YoY
-36.6%
EPS (diluted)
$5.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
LAD
LAD
RY
RY
Q1 26
$13.1B
Q4 25
$9.2B
Q3 25
$9.7B
$12.4B
Q2 25
$9.6B
$11.4B
Q1 25
$9.2B
Q4 24
$9.2B
Q3 24
$9.2B
Q2 24
$9.2B
Net Profit
LAD
LAD
RY
RY
Q1 26
$4.2B
Q4 25
$136.9M
Q3 25
$217.1M
$4.0B
Q2 25
$256.1M
$3.2B
Q1 25
$209.5M
Q4 24
$216.1M
Q3 24
$209.1M
Q2 24
$214.2M
Gross Margin
LAD
LAD
RY
RY
Q1 26
Q4 25
14.9%
Q3 25
15.2%
Q2 25
15.5%
Q1 25
15.4%
Q4 24
15.0%
Q3 24
15.5%
Q2 24
15.4%
Operating Margin
LAD
LAD
RY
RY
Q1 26
Q4 25
3.7%
Q3 25
4.4%
Q2 25
4.4%
Q1 25
4.4%
Q4 24
4.5%
Q3 24
4.6%
Q2 24
4.3%
Net Margin
LAD
LAD
RY
RY
Q1 26
32.2%
Q4 25
1.5%
Q3 25
2.2%
31.9%
Q2 25
2.7%
28.0%
Q1 25
2.3%
Q4 24
2.4%
Q3 24
2.3%
Q2 24
2.3%
EPS (diluted)
LAD
LAD
RY
RY
Q1 26
Q4 25
$5.90
Q3 25
$8.61
Q2 25
$9.87
Q1 25
$7.94
Q4 24
$8.09
Q3 24
$7.80
Q2 24
$7.87

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
LAD
LAD
RY
RY
Cash + ST InvestmentsLiquidity on hand
$33.7B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$6.6B
$102.1B
Total Assets
$25.1B
$1709.9B
Debt / EquityLower = less leverage
1.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LAD
LAD
RY
RY
Q1 26
$33.7B
Q4 25
Q3 25
$206.5M
$25.5B
Q2 25
$202.8M
$35.5B
Q1 25
$234.4M
Q4 24
Q3 24
$209.8M
Q2 24
$516.4M
Total Debt
LAD
LAD
RY
RY
Q1 26
Q4 25
$9.7B
Q3 25
Q2 25
Q1 25
Q4 24
$8.2B
Q3 24
Q2 24
Stockholders' Equity
LAD
LAD
RY
RY
Q1 26
$102.1B
Q4 25
$6.6B
Q3 25
$6.8B
$99.0B
Q2 25
$7.0B
$96.7B
Q1 25
$6.8B
Q4 24
$6.7B
Q3 24
$6.6B
Q2 24
$6.4B
Total Assets
LAD
LAD
RY
RY
Q1 26
$1709.9B
Q4 25
$25.1B
Q3 25
$24.5B
$1626.4B
Q2 25
$24.2B
$1636.8B
Q1 25
$23.5B
Q4 24
$23.1B
Q3 24
$23.3B
Q2 24
$23.2B
Debt / Equity
LAD
LAD
RY
RY
Q1 26
Q4 25
1.47×
Q3 25
Q2 25
Q1 25
Q4 24
1.23×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
LAD
LAD
RY
RY
Operating Cash FlowLast quarter
$123.7M
$27.7B
Free Cash FlowOCF − Capex
$30.5M
FCF MarginFCF / Revenue
0.3%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
0.90×
6.55×
TTM Free Cash FlowTrailing 4 quarters
$5.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LAD
LAD
RY
RY
Q1 26
$27.7B
Q4 25
$123.7M
Q3 25
$-98.4M
$21.2B
Q2 25
$9.3M
$7.2B
Q1 25
$322.1M
Q4 24
$61.8M
Q3 24
$219.3M
Q2 24
$-148.4M
Free Cash Flow
LAD
LAD
RY
RY
Q1 26
Q4 25
$30.5M
Q3 25
$-207.3M
Q2 25
$-70.8M
Q1 25
$253.4M
Q4 24
$-17.7M
Q3 24
$157.1M
Q2 24
$-278.5M
FCF Margin
LAD
LAD
RY
RY
Q1 26
Q4 25
0.3%
Q3 25
-2.1%
Q2 25
-0.7%
Q1 25
2.8%
Q4 24
-0.2%
Q3 24
1.7%
Q2 24
-3.0%
Capex Intensity
LAD
LAD
RY
RY
Q1 26
Q4 25
1.0%
Q3 25
1.1%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
0.9%
Q3 24
0.7%
Q2 24
1.4%
Cash Conversion
LAD
LAD
RY
RY
Q1 26
6.55×
Q4 25
0.90×
Q3 25
-0.45×
5.36×
Q2 25
0.04×
2.24×
Q1 25
1.54×
Q4 24
0.29×
Q3 24
1.05×
Q2 24
-0.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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