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Lithia Motors (LAD) backlog: remaining performance obligations

How much revenue Lithia Motors already has under contract, how fast it converts, and who it is with.

Data as of .

Lithia Motors backlog history

$0$20B$40BDec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025Backlog (RPO)Trailing 12-month revenue
Remaining performance obligations at each quarter end (bars) against trailing twelve-month revenue (line).
Amounts in USD. Source: SEC XBRL filings.
Quarter endBacklog (RPO)TTM revenueCoverageCustomer prepayments
31 Dec 2025$638M$37.6B0.0 yrsn/a
31 Dec 2024$410M$36.2B0.0 yrs$410M
31 Dec 2023$309M$31.0B0.0 yrs$317M
31 Dec 2022$285M$28.2B0.0 yrs$284M
31 Dec 2021$240M$22.8B0.0 yrs$239M
31 Dec 2020$194M$13.1B0.0 yrs$194M
31 Dec 2019$172M$12.7B0.0 yrs$172M

Questions

What is Lithia Motors's backlog?
Lithia Motors reported $638M of remaining performance obligations at 31 Dec 2025, up 55% from a year earlier. That is 0.0 years of trailing revenue already under contract.

About these numbers

Remaining performance obligations (RPO) are revenue a company has contracted but not yet recognised, as reported in its SEC filings (XBRL tag RevenueRemainingPerformanceObligation). Coverage = backlog ÷ trailing twelve-month revenue. Book-to-bill = (change in backlog + revenue) ÷ revenue. Conversion = revenue recognised ÷ the backlog at the start of each quarter, summed over four quarters. Counterparty values come from company filings and releases.