Asbury Automotive Group Inc
Description
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and disability and accident insurance. Asbury Automotive Group, Inc. was founded in 1996 and is based in Duluth, Georgia.
About
CEO
Mr. David W. Hult
Employees
15,000
Instrument type
Common Stock
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
MIC code
XNYS
Address
2905 Premiere Parkway NW, Duluth, GA 30097, United States
×
![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 27, 2025 | — | — | — | — |
| Jul 31, 2025 | — | — | — | — |
| Apr 23, 2025 | — | — | — | — |
| Jan 30, 2025 | 6.04 | 7.26 | 1.22 | 20.20% |
Earnings estimate
|
Current Quarter
(Mar 2025)
|
Next Quarter
(Jun 2025)
|
Current Year
(Dec 2025)
|
Next Year
(Dec 2026)
|
|
|---|---|---|---|---|
| Number of analysts | 3 | 3 | 9 | 6 |
| Average estimate | 6.67 | 6.48 | 27.05 | 30.21 |
| Low estimate | 6.33 | 6.29 | 25.05 | 26.54 |
| High estimate | 6.88 | 6.58 | 29.74 | 39.36 |
| Last year EPS | 7.21 | 6.40 | 27.24 | 27.05 |
[stock_revenue_estimate]
Growth estimates
Current qtr (Mar 2025)
-7.490%
Next qtr. (Jun 2025)
1.250%
Current year (Dec 2025)
-0.690%
Next year (Dec 2026)
11.660%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 14.80B | 15.43B | 9.84B | 7.13B | 7.21B |
| Cost of revenue | 12.05B | 12.33B | 7.94B | 5.91B | 6.04B |
| Gross profit | 2.76B | 3.10B | 1.90B | 1.22B | 1.17B |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 1.62B | 1.76B | 1.07B | 781.90M | 799.80M |
| Other operating expenses | — | -4.40M | -5.40M | 9.20M | 800,000 |
| Operating income | 1.07B | 1.27B | 791.80M | 393.80M | 332.10M |
| Non operating interest income | |||||
| Income | — | — | — | — | — |
| Expense | 165.70M | 160.60M | 102.10M | 74.50M | 92.80M |
| Other income expense | -103.70M | 207.10M | 8.00M | 18.70M | 4.60M |
| Pretax income | 801.30M | 1.32B | 697.70M | 338.10M | 243.90M |
| Tax provision | 198.80M | 321.80M | 165.30M | 83.80M | 59.50M |
| Net income | 602.50M | 997.30M | 532.40M | 254.30M | 184.40M |
| Basic EPS | 28.87 | 44.78 | 26.75 | 13.25 | 9.65 |
| Diluted EPS | 28.74 | 44.61 | 26.49 | 13.18 | 9.55 |
| Basic average shares | 20.90M | 22.30M | 19.90M | 19.20M | 19.10M |
| Diluted average shares | 20.90M | 22.30M | 19.90M | 19.20M | 19.10M |
| EBITDA | 1.14B | 1.34B | 833.70M | 432.40M | 368.30M |
| Net income from continuing op. | 602.50M | 997.30M | 532.40M | 254.40M | 184.40M |
| Minority interests | — | — | — | — | — |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 10.16B | 8.02B | 8.00B | 3.68B | 2.91B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 45.70M | 235.30M | 178.90M | 1.40M | 3.50M |
| Other short term investments | 6.20M | 5.40M | 11.00M | — | — |
| Accounts receivable | 140.50M | 93.70M | 117.10M | 118.30M | 95.20M |
| Other receivables | 421.60M | 341.80M | 354.00M | 220.30M | 254.20M |
| Inventory | 1.77B | 959.20M | 718.40M | 875.20M | 985.00M |
| Prepaid assets | 64.30M | 52.90M | 18.80M | 21.60M | 21.50M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | 342.20M | 29.10M | 375.10M | 28.30M | 154.20M |
| Hedging assets | — | — | — | — | — |
| Other current assets | 265.70M | 181.70M | 151.40M | 141.80M | 90.40M |
| Non current assets | |||||
| Properties | 241.80M | 235.40M | 261.00M | 317.40M | 65.60M |
| Land and improvements | 868.30M | 673.80M | 704.30M | 350.50M | 343.80M |
| Machinery furniture equipment | 286.20M | 250.50M | 228.20M | 189.80M | 171.80M |
| Construction in progress | 92.00M | 36.50M | 46.90M | 19.90M | 42.40M |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -396.10M | -338.50M | -327.90M | -295.60M | -271.20M |
| Goodwill | 6.11B | 5.37B | 5.88B | 1.55B | 525.10M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 2.10B | 1.80B | 1.34B | 425.20M | 121.70M |
| Investments and advances | 326.70M | 235.00M | 123.50M | — | — |
| Other non current assets | 113.30M | 116.70M | 91.20M | 9.60M | 10.00M |
| Total liabilities | 6.92B | 5.12B | 5.89B | 2.77B | 2.27B |
| Current liabilities | |||||
| Accounts payable | 155.60M | 147.40M | 163.90M | 97.60M | 81.70M |
| Accrued expenses | 123.30M | 115.50M | 96.60M | 76.80M | 62.30M |
| Short term debt | 2.14B | 253.60M | 799.10M | 896.30M | 921.30M |
| Deferred revenue | 272.90M | 256.00M | 217.70M | 8.70M | 5.10M |
| Tax payable | 74.90M | 91.80M | 125.70M | 69.10M | 30.50M |
| Pensions | 56.80M | 89.00M | 118.50M | 43.70M | 30.50M |
| Other current liabilities | 16.00M | 38.60M | 44.00M | 11.70M | 104.20M |
| Non current liabilities | |||||
| Long term debt | 3.34B | 3.44B | 3.76B | 1.47B | 959.60M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 136.40M | 100.70M | — | 43.70M | 26.00M |
| Derivative product liabilities | — | — | 2.60M | 4.40M | 2.90M |
| Other non current liabilities | 5.70M | 5.80M | 11.80M | 7.50M | 6.60M |
| Shareholders equity | |||||
| Common stock | 400,000 | 400,000 | 500,000 | 400,000 | 400,000 |
| Retained earnings | 2.96B | 2.61B | 1.88B | 1.35B | 1.09B |
| Other shareholders equity | 61.10M | 74.40M | -500,000 | -5.60M | -2.90M |
| Total shareholders equity | 3.24B | 2.90B | 2.12B | 905.50M | 646.30M |
| Additional paid in capital | 1.29B | 1.28B | 1.28B | 595.50M | 582.90M |
| Treasury stock | 1.07B | 1.06B | 1.04B | 1.03B | 1.03B |
| Minority interest | — | — | — | — | — |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||
| Net Income | 602.50M | 997.30M | 532.40M | 254.40M | 184.40M | 168.00M | 139.10M | 167.20M | 169.20M | 111.60M | 109.10M | 82.20M | 67.90M | 38.10M | 13.40M | -343.70M | 50.96M | 60.75M | 61.08M | 50.07M | 15.19M | 38.09M | 43.83M |
| Depreciation | 67.70M | 69.00M | 41.90M | 38.50M | 36.20M | 33.70M | 32.10M | 30.70M | 29.50M | 26.40M | 24.30M | 22.60M | 22.50M | 29.00M | 22.20M | 30.80M | 28.48M | 26.34M | 24.67M | 22.43M | 26.87M | 25.93M | 30.77M |
| Deferred Taxes | 39.70M | 148.50M | 31.20M | 9.50M | 5.40M | 5.30M | 2.80M | 6.10M | 9.50M | 17.30M | 15.50M | 12.60M | 17.20M | 24.50M | 18.20M | -159.40M | 6.86M | 7.20M | -916,000 | 13.90M | -7.30M | 15.49M | — |
| Stock-Based Compensation | 23.50M | 20.60M | 16.20M | 12.60M | 12.50M | 10.50M | 13.60M | 12.00M | 10.00M | 8.60M | 9.00M | 7.10M | 8.80M | 5.10M | 2.80M | 1.90M | — | — | — | — | — | — | — |
| Other Non-Cash Items | 59.70M | 44.60M | 42.40M | 44.60M | 45.20M | 24.70M | 24.60M | 25.20M | 22.00M | 15.90M | 18.60M | 17.10M | 13.10M | 42.40M | 10.40M | 12.20M | 5.94M | 4.96M | 1,000 | — | — | — | -7.00M |
| Accounts Receivable | -113.50M | 30.60M | 83.80M | 14.10M | -2.40M | -6.50M | -500,000 | -26.40M | -31.30M | -28.70M | -26.40M | -55.80M | -25.30M | -23.50M | 3.30M | 51.20M | 44.58M | -4.36M | -35.15M | -34.62M | -18.22M | -12.64M | -18.89M |
| Accounts Payable | 119.50M | -69.80M | 39.20M | 121.00M | 10.70M | -16.20M | -2.60M | 31.40M | 37.70M | -2.60M | 6.00M | 29.50M | 7.90M | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -731.80M | -365.60M | 413.20M | 241.00M | 21.60M | -223.80M | 54.10M | -62.20M | -52.90M | -94.80M | -98.40M | -131.70M | -11.70M | -97.20M | 200.70M | 141.40M | -106.94M | 36.90M | -123.08M | -54.21M | 13.16M | -6.71M | 25.60M |
| Operating Cash Flow | 67.30M | 875.20M | 1.20B | 735.70M | 313.60M | -4.30M | 263.20M | 184.00M | 193.70M | 53.70M | 57.70M | -16.40M | 100.40M | 18.40M | 271.00M | -265.60M | 29.89M | 131.78M | -73.39M | -2.42M | 29.69M | 60.16M | 74.31M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | — | — | — | — | -4.90M | -4.40M | -5.40M | -19.60M | — | -5.00M | -35.70M | -17.50M | -48.30M | -7.40M | — | -207.90M | -45.48M | 7.52M | 24.53M | -27.56M | -31.12M | -53.90M | -47.95M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | -1.47B | 696.20M | -3.64B | -776.20M | -170.90M | -91.30M | -80.10M | 114.30M | 36.50M | -152.20M | -27.90M | -34.70M | — | -60.50M | — | -41.90M | -117.12M | — | -24.61M | -108.32M | -117.95M | -20.46M | -50.15M |
| Purchase of Investments | -195.20M | -243.60M | -1.50M | — | — | — | — | — | — | — | — | — | — | — | -700,000 | — | — | — | — | -1.28M | — | -1.07M | — |
| Sale of Investments | 112.10M | 120.00M | 1.20M | — | — | — | — | — | — | — | — | — | — | 4.00M | — | — | — | — | — | 1.78M | 1.83M | 1.83M | 885,000 |
| Investing Cash Flow | -1.54B | 1.27B | -3.62B | -1.55B | -331.70M | -183.00M | -159.80M | 211.20M | 76.60M | -308.80M | -91.50M | -78.30M | 56.70M | -42.20M | 24.40M | -223.10M | -154.90M | 8.83M | -31.15M | -124.74M | -109.24M | -73.60M | -98.29M |
| Financing Activities | |||||||||||||||||||||||
| Long-Term Debt Issuance | 585.10M | 330.00M | 2.93B | 2.01B | 153.00M | 73.40M | 25.10M | — | 309.80M | 518.90M | 248.50M | 74.00M | — | 633.20M | 900,000 | 2.04B | — | — | — | — | — | — | — |
| Long-Term Debt Payments | -7.51B | -8.55B | -5.67B | -6.15B | -4.58B | -4.41B | -3.97B | -3.79B | -4.22B | -3.92B | -3.32B | -2.91B | -1.03B | -644.50M | -460.60M | -2.52B | — | — | — | — | — | — | — |
| Other Financing Charges | -1.20M | -400,000 | -26.20M | -4.70M | -2.30M | -1.70M | — | -2.80M | -2.00M | -5.20M | -4.70M | 4.70M | -500,000 | -7.20M | -5.10M | -2.90M | 279.42M | 1.76M | 10.16M | 114.87M | -6.74M | -7.94M | -2.44M |
| Financing Cash Flow | -5.88B | -9.04B | -2.43B | -4.36B | -4.65B | -4.25B | -4.06B | -3.93B | -4.31B | -3.47B | -3.09B | -2.72B | -801.80M | -12.60M | -519.60M | -2.59B | 197.96M | -3.51M | 13.74M | 116.74M | -19.16M | 40.53M | -28.75M |
| Other Cash Details | |||||||||||||||||||||||
| End Cash Position | 45.70M | 235.30M | 178.90M | 1.40M | 3.50M | 8.30M | 4.70M | 3.40M | 2.80M | 2.90M | 5.40M | 6.20M | 11.40M | 21.30M | 84.70M | 91.60M | 53.35M | 129.17M | 57.19M | 28.09M | 106.71M | 22.61M | 60.51M |
| Income Tax Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | 170.70M | 588.10M | 1.08B | 603.70M | 283.00M | -47.80M | 218.20M | 50.50M | 58.00M | 10.00M | -11.20M | -78.00M | -203.60M | -20.20M | 102.60M | 252.00M | 12.20M | 83.31M | -118.52M | -87.34M | 7.96M | 45,000 | 46.49M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 1,293,631 | 382.41M | 6.60% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 632,563 | 186.99M | 3.23% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 567,562 | 167.78M | 2.90% |
| Neuberger & Berman Genesis Fund | Nov 30, 2024 | 520,607 | 153.90M | 2.66% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 500,078 | 147.83M | 2.55% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 338,567 | 100.08M | 1.73% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 298,952 | 88.37M | 1.53% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 265,842 | 78.59M | 1.36% |
| Fidelity Small Cap Index Fund | Oct 31, 2024 | 206,814 | 61.14M | 1.06% |
| iShares Russell 2000 Value ETF | Nov 30, 2024 | 198,609 | 58.71M | 1.01% |
Article
Asbury Q4 Earnings & Sales Outperform Expectations, Rise Y/Y
ABG puts up a stellar show in the fourth quarter of 2024, driven by higher-than-expected revenues across all segments except parts and services unit.
Jan 31, 2025
Article
Asbury Automotive Group, Inc. (ABG) Q4 2024 Earnings Call Transcript
Asbury Automotive Group, Inc. (NYSE:ABG ) Q4 2024 Earnings Conference Call January 30, 2025 10:00 AM ET Company Participants Chris Reeves - VP, Finance & Treasurer David Hult - President & CEO Daniel Clara - SVP, Operations Michael Welch - SVP & CFO Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Ryan Sigdahl - Craig-Hallum Capital Group Bret Jordan - Jefferies David Whiston - Morningstar Operator Greetings, and welcome to Asbury Automotive Group Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Jan 30, 2025
Article
Asbury Automotive (ABG) Reports Q4 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Asbury Automotive (ABG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Jan 30, 2025
