Asbury Automotive (ABG) financial statements
Asbury Automotive reported revenue of $18.0B in fiscal 2025, up 11.9% a year over 9 years.
Net income was $492M and the operating margin 4.8%, against 4.6% in 2016.
Free cash flow was $589M, and the company returned $13M in net buybacks.
The diluted share count fell 13% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Asbury Automotive's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.5B | $786M | $821M | $899M | $890M | $9.8B | $15.4B | $14.8B | $17.2B | $18.0B |
| Cost of revenue | $5.5B | $5.4B | $5.8B | $6.0B | $5.9B | $7.9B | $12.3B | $12.0B | $14.2B | $14.9B |
| Gross profit | $1.1B | $1.1B | $1.1B | $1.2B | $1.2B | $1.9B | $3.1B | $2.8B | $2.9B | $3.1B |
| Selling, general and admin | $732M | $730M | $756M | $800M | $782M | $1.1B | $1.8B | $1.6B | $1.9B | $2.0B |
| Operating income | $298M | $288M | $311M | $325M | $371M | $792M | $1.3B | $954M | $836M | $861M |
| Interest expense | — | — | — | — | — | $102M | $161M | $166M | — | — |
| Pre-tax income | $268M | $209M | $225M | $244M | $338M | $698M | $1.3B | $801M | $575M | $662M |
| Income tax | $101M | $70M | $57M | $60M | $84M | $165M | $322M | $199M | $145M | $170M |
| Net income | $167M | $139M | $168M | $184M | $254M | $532M | $997M | $602M | $430M | $492M |
| EPS (diluted) | $7.40 | $6.62 | $8.28 | $9.55 | $13.18 | $26.49 | $44.61 | $28.74 | $21.50 | $25.13 |
| Diluted shares | 23M | 21M | 20M | 19M | 19M | 20M | 22M | 21M | 20M | 20M |
| Gross margin | 16.2% | 134.3% | 134.3% | 130.0% | 137.5% | 19.3% | 20.1% | 18.6% | 17.2% | 17.1% |
| Operating margin | 4.6% | 36.6% | 37.9% | 36.1% | 41.7% | 8.0% | 8.2% | 6.4% | 4.9% | 4.8% |
| Net margin | 2.6% | 17.7% | 20.5% | 20.5% | 28.6% | 5.4% | 6.5% | 4.1% | 2.5% | 2.7% |
Balance sheet
Fiscal years, from Asbury Automotive's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $3M | $5M | $8M | $4M | $1M | $190M | $241M | $52M | $84M | $41M |
| Receivables | $138M | $128M | $130M | $136M | $156M | $230M | $172M | $226M | $286M | $295M |
| Inventory | $895M | $826M | $1.1B | $985M | $875M | $718M | $959M | $1.8B | $2.0B | $2.1B |
| Total current assets | $1.3B | $1.3B | $1.6B | $1.6B | $1.4B | $1.9B | $1.9B | $3.1B | $3.1B | $3.4B |
| Property, plant and equipment | $815M | $834M | $886M | $910M | $956M | $2.0B | $1.9B | $2.3B | $2.6B | $3.1B |
| Goodwill | $128M | $161M | $181M | $202M | $562M | $2.3B | $1.8B | $2.0B | $2.0B | $2.3B |
| Total assets | $2.3B | $2.4B | $2.7B | $2.9B | $3.7B | $8.0B | $8.0B | $10.2B | $10.3B | $11.6B |
| Total current liabilities | $1.1B | $1.1B | $1.3B | $1.2B | $1.2B | $1.6B | $1.0B | $2.9B | $2.8B | $3.6B |
| Long-term debt | $913M | $863M | $866M | $907M | $1.2B | $3.5B | $3.2B | $3.1B | $3.0B | $3.1B |
| Total liabilities | $2.1B | $2.0B | $2.2B | $2.3B | $2.8B | $5.9B | $5.1B | $6.9B | $6.8B | $7.7B |
| Shareholders' equity | $280M | $394M | $473M | $646M | $906M | $2.1B | $2.9B | $3.2B | $3.5B | $3.9B |
| Net debt | $909M | $858M | $858M | $904M | $1.2B | $3.3B | $3.0B | $3.1B | $3.0B | $3.1B |
Cash flow
Fiscal years, from Asbury Automotive's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $142M | $266M | $10M | $350M | $652M | $1.2B | $696M | $313M | $671M | $775M |
| Capital spending | $81M | $42M | $40M | $58M | $46M | $74M | $95M | $142M | $163M | $186M |
| Free cash flow | $61M | $224M | -$30M | $292M | $606M | $1.1B | $601M | $171M | $509M | $589M |
| Stock-based compensation | $12M | $14M | $10M | $12M | $13M | $16M | $21M | $24M | $27M | $28M |
| Share buybacks (net) | -$216M | -$40M | -$110M | -$20M | -$5M | -$10M | -$9M | -$11M | -$10M | -$13M |
| Net borrowing | $0 | $0 | $51M | $98M | $1.9B | $2.3B | $0 | $0 | $0 | $546M |
| Free cash flow margin | 0.9% | 28.5% | -3.7% | 32.5% | 68.1% | 11.1% | 3.9% | 1.2% | 3.0% | 3.3% |
Questions
What was Asbury Automotive's revenue in 2025?
$18.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Asbury Automotive generate?
$589M in fiscal 2025 (operating cash flow minus capital spending).
From Asbury Automotive's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.