ASBURY AUTOMOTIVE GROUP INC ABG
Asbury Automotive Group, Inc., a Delaware corporation organized in 2002, is a Fortune 500 company and one of the largest franchised automotive retailers in the United States. Our mission is to put the guest experience first and follow our "North Star," i.e., to be the most guest-centric automotive retailer in the industry. We follow three key principles to guide us: (1) have a fun, supportive and inclusive culture where team members thrive personally while building meaningful bonds with one another; (2) be great brand ambassadors and exceptional stewards of capital for our partners who fuel our mission; and (3) be caring professionals who strive to delight our guests and foster love for the brand. Our strong organizational culture and purposeful mission allow us to continuously deliver best-in-class experiences to our guests. As of December 31, 2025, we owned and operated 223 new vehicle franchises, representing 36 brands of automobiles at 171 dealership locations, 39 collision centers, and Total Care Auto, Powered by Asbury ("TCA" or "TCA Business"), our finance and insurance ("F&I") product provider, within 15 states. Our store operations are conducted by our subsidiaries and the Company operates in two reportable segments, Dealerships and TCA.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.00B | $17.19B | $14.80B | $15.43B | $9.84B | $7.13B | $7.21B | $6.87B | $786.1M | $6.53B |
| Cost of revenue | $14.93B | $14.24B | $12.05B | $12.33B | $7.94B | $5.91B | $6.04B | $5.77B | $5.40B | $5.47B |
| Gross profit | $3.07B | $2.95B | $2.76B | $3.10B | $1.90B | $1.22B | $1.17B | $1.10B | $1.06B | $1.06B |
| SG&A | $1.99B | $1.89B | $1.62B | $1.76B | $1.07B | $781.9M | $799.8M | $755.8M | $729.7M | $732.5M |
| Operating income | $860.6M | $835.6M | $953.5M | $1.27B | $791.8M | $370.8M | $325.0M | $310.9M | $287.7M | $297.8M |
| Interest expense | — | — | $165.7M | $160.6M | $102.1M | — | — | — | — | — |
| Pre-tax income | $662.2M | $575.3M | $801.3M | $1.32B | $697.7M | $338.1M | $243.9M | $224.8M | $209.1M | $267.8M |
| Income tax | $170.2M | $145.0M | $198.8M | $321.8M | $165.3M | $83.8M | $59.5M | $56.8M | $70.0M | $100.6M |
| Net income | $492.0M | $430.3M | $602.5M | $997.3M | $532.4M | $254.4M | $184.4M | $168.0M | $139.1M | $167.2M |
| EPS, basic | 25.20 | 21.58 | 28.87 | 44.78 | 26.75 | 13.25 | 9.65 | 8.36 | 6.69 | 7.43 |
| EPS, diluted | 25.13 | 21.50 | 28.74 | 44.61 | 26.49 | 13.18 | 9.55 | 8.28 | 6.62 | 7.40 |
| Shares, diluted (wtd. avg.) | $19.6M | $20.0M | $21.0M | $22.4M | $20.1M | $19.3M | $19.3M | $20.3M | $21.0M | $22.6M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $40.4M | $69.4M | $45.7M | $235.3M | $178.9M | $1.4M | $3.5M | $8.3M | $4.7M | $3.4M |
| Short-term investments | $500.0K | $14.4M | $6.2M | $5.4M | $11.0M | $0 | — | — | — | — |
| Receivables | $294.6M | $285.5M | $226.1M | $171.9M | $229.8M | $155.5M | $136.2M | $130.3M | $128.5M | $138.4M |
| Inventory | $2.14B | $1.98B | $1.77B | $959.2M | $718.4M | $875.2M | $985.0M | $1.07B | $826.0M | $894.9M |
| Total current assets | $3.38B | $3.14B | $3.06B | $1.91B | $1.93B | $1.41B | $1.60B | $1.55B | $1.30B | $1.33B |
| Property, plant and equipment | $3.07B | $2.55B | $2.32B | $1.94B | $1.99B | $956.2M | $909.7M | $886.1M | $834.2M | $815.4M |
| Goodwill | $2.28B | $2.04B | $2.01B | $1.78B | $2.27B | $562.2M | $201.7M | $181.2M | $160.8M | $128.1M |
| Total assets | $11.62B | $10.34B | $10.16B | $8.02B | $8.00B | $3.68B | $2.91B | $2.70B | $2.36B | $2.34B |
| Accounts payable | $152.3M | $169.1M | $155.6M | $147.4M | $163.9M | $97.6M | $81.7M | $81.9M | $92.4M | $81.9M |
| Total current liabilities | $3.56B | $2.84B | $2.88B | $1.03B | $1.60B | $1.22B | $1.25B | $1.30B | $1.06B | $1.10B |
| Long-term debt | — | — | $3.23B | $3.29B | $3.41B | $1.19B | $922.2M | $913.0M | $882.9M | $935.5M |
| Retained earnings | $3.62B | $3.22B | $2.96B | $2.61B | $1.88B | $1.35B | $1.09B | $922.7M | $750.3M | $611.5M |
| Total equity | $3.89B | $3.50B | $3.24B | $2.90B | $2.12B | $905.5M | $646.3M | $473.2M | $394.2M | $279.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $775.2M | $671.2M | $313.0M | $696.0M | $1.16B | $652.5M | $349.8M | $10.1M | $266.3M | $142.5M |
| Depreciation and amortisation | $82.4M | $75.0M | $67.7M | $69.0M | $41.9M | $38.5M | $36.2M | $33.7M | $32.1M | $30.7M |
| Stock-based compensation | $27.7M | $26.7M | $23.5M | $20.6M | $16.2M | $12.6M | $12.5M | $10.5M | $13.6M | $12.0M |
| Capital expenditure | — | — | $142.3M | $94.6M | $74.2M | — | $57.6M | $40.3M | $42.3M | $81.4M |
| Investing cash flow | -$1.46B | -$137.2M | -$1.68B | $464.7M | -$3.92B | -$820.8M | -$227.6M | -$149.6M | -$127.8M | $4.9M |
| Financing cash flow | $653.1M | -$510.3M | $1.18B | -$1.10B | $2.93B | $166.2M | -$127.0M | $143.1M | -$137.2M | -$146.8M |
| Buybacks | $12.8M | $10.2M | $11.4M | $9.2M | $10.4M | $5.1M | $20.5M | $110.2M | $39.6M | $215.6M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001144980-26-000051.
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