Lithia & Driveway (LAD) is revving its engines and climbing the Fortune 500 ranks. In the latest release, the auto retail giant has accelerated to the #124 spot on the 2025 list, a significant jump of 16 positions from its #140 ranking in 2024. This impressive leapfrog further solidifies LAD’s position as the world’s dominant automotive retailer, marking its second consecutive year leading the Automotive Retail category.
The numbers beautifully illustrate LAD’s remarkable growth story. Since making its Fortune 500 debut in 2015 at #482, with a revenue of $7.9 billion, the company has experienced extraordinary expansion. Fast forward to 2024, and that figure has ballooned to a staggering $36.2 billion. That kind of trajectory isn’t just about selling cars; it’s about strategic vision and astute execution.
CEO Bryan DeBoer credits this sustained high performance to a three-pronged approach: a long-term growth strategy designed for sustained success, the disciplined application of their business model, and an unyielding focus on operational excellence. In a sector known for its cyclical nature, LAD has engineered its success through a calculated mix. This includes a combination of organic growth, strategic acquisitions, forward-thinking digital innovation, and the expansion of its dealership network. It’s a testament to a well-oiled machine that’s clearly firing on all cylinders.
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