Asbury Automotive Group, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.00B | $17.19B | $14.80B | $15.43B | $9.84B | $7.13B | $7.21B | $6.87B |
| New Vehicle | $9.50B | $8.85B | $7.63B | $7.37B | $4.93B | $3.77B | — | — |
| Used Vehicle Retail | $4.55B | $4.61B | $4.02B | $4.83B | $3.06B | $1.93B | — | — |
| Used Vehicle Wholesale | $675.7M | $612.3M | $396.7M | $368.3M | $259.7M | $239.5M | — | — |
| Parts and Service | $2.51B | $2.35B | $2.08B | $2.07B | $1.18B | $889.8M | — | — |
| Finance and Insurance Net | $770.6M | $766.0M | $676.2M | $797.0M | $405.1M | $305.1M | — | — |
| Cost of Revenue | $14.93B | $14.24B | $12.05B | $12.33B | $7.94B | $5.91B | $6.04B | $5.77B |
| Gross Profit | $3.07B | $2.95B | $2.76B | $3.10B | $1.90B | $1.22B | $1.17B | $1.10B |
| Gross Margin | 17.1% | 17.2% | 18.6% | 20.1% | 19.3% | 17.2% | 16.2% | 16.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.99B | $1.89B | $1.62B | $1.76B | $1.07B | $781.9M | $799.8M | $755.8M |
| Operating Income | $860.6M | $835.6M | $953.5M | $1.27B | $791.8M | $370.8M | $325.0M | $310.9M |
| Operating Margin | 4.8% | 4.9% | 6.4% | 8.2% | 8.0% | 5.2% | 4.5% | 4.5% |
| Interest Expense | — | — | $165.7M | $160.6M | $102.1M | — | — | — |
| Pretax Income | $662.2M | $575.3M | $801.3M | $1.32B | $697.7M | $338.1M | $243.9M | $224.8M |
| Income Tax Expense | $170.2M | $145.0M | $198.8M | $321.8M | $165.3M | $83.8M | $59.5M | $56.8M |
| Net Income | $492.0M | $430.3M | $602.5M | $997.3M | $532.4M | $254.4M | $184.4M | $168.0M |
| Net Margin | 2.7% | 2.5% | 4.1% | 6.5% | 5.4% | 3.6% | 2.6% | 2.4% |
| EPS (Basic) | $25.20 | $21.58 | $28.87 | $44.78 | $26.75 | $13.25 | $9.65 | $8.36 |
| EPS (Diluted) | $25.13 | $21.50 | $28.74 | $44.61 | $26.49 | $13.18 | $9.55 | $8.28 |
| Shares Outstanding (Basic) | 19.5M | 19.9M | 20.9M | 22.3M | 19.9M | 19.2M | 19.1M | 20.1M |
| Shares Outstanding (Diluted) | 19.6M | 20.0M | 21.0M | 22.4M | 20.1M | 19.3M | 19.3M | 20.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |