10-K · February 20, 2026
Asbury completed the Herb Chambers acquisition on July 21, 2025 for approximately $1.76 billion, adding 33 dealerships, 52 franchises and 3 collision centers and expanding its footprint to 223 franchises across 171…
Earnings analysis · 10-Q
ABG earnings analysis
Filed May 1, 2026 · Our reading of the company's report
The latest report
Asbury Automotive Group's Q1 2026 results showed a revenue decrease of 1% year-over-year, amounting to $4,113 million. Although diluted EPS was reported at $9.87, significantly boosted by a one-time gain of $125.8…
Read full summary
Asbury Automotive Group's Q1 2026 results showed a revenue decrease of 1% year-over-year, amounting to $4,113 million. Although diluted EPS was reported at $9.87, significantly boosted by a one-time gain of $125.8 million from dealership divestitures, the company faces challenges with rising expenses and declining vehicle sales in several segments.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $9.87
- Segment
- Dealerships
- Segment
- TCA
What stood out
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Revenue Held Steady Despite Challenges
Total revenue for Q1 2026 was $4,113 million, only a 1% decline from $4,148 million in Q1 2025.
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Substantial EPS Growth from Divestiture Gains
Diluted EPS rose to $9.87 from $6.71, an increase of 47%, largely due to a $125.8 million gain on dealership divestitures.
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Parts and Service Revenue Improved
Parts and service revenue increased by 7% to $626.8 million, up from $587.6 million in the prior year.
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Used Vehicle Profitability Increased
Used vehicle retail gross profit per unit grew by 16% to $1,847 due to tight inventory conditions.
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Manageable Debt and Solid Liquidity,
Total available liquidity stood at $1.15 billion, including $6.4 million in cash and equivalents.
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Strong Control over Expenses,
Despite increased selling and administrative expenses, controlling other costs led to maintaining a stable gross profit.
What to watch
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Performance Pressured by Higher Operating Costs
SG&A expenses increased by 12% to $510.4 million, raising concern about operational efficiency.
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Decline in New Vehicle Sales
New vehicle revenue dropped 2% to $2,100.8 million, reflecting declining sales volumes alongside higher consumer prices.
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Dependence on Market Conditions
Potential impacts of economic conditions, including inflation and interest rates, create uncertainty for future business performance.
Management's outlook
No explicit revenue or EPS guidance provided; management anticipates growth depending on market conditions and execution of operational strategies.
Earlier filings 4
10-Q · July 30, 2025
Asbury Automotive reported quarter revenue of $4,373.1 million (Q2 2025) and diluted EPS of $7.76, with operating income of $257.4 million. Revenue and operating margin improved versus the year-ago quarter and versus…
10-Q · October 30, 2024
Asbury reported Q3 revenue of $4,236.7 million, up $570.5 million (16%) year-over-year, driven by new and used vehicle sales and the Koons acquisition. Gross profit rose to $718.0 million (+$44.5 million) but operating…
10-Q · August 9, 2024
Asbury reported Q2 revenue of $4,246.2 million, up $503.7 million (13%) year-over-year largely due to the Koons acquisition, but profitability deteriorated sharply as income from operations fell to $100.5 million and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.