• Lithia Motors average return on equity for 2023 was 19.64, a 26.25% decline from 2022.
• Lithia Motors average return on equity for 2022 was 26.63, a 1.48% decline from 2021.
• Lithia Motors average return on equity for 2021 was 27.03, a 25.25% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.