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ASBURY AUTOMOTIVE GROUP (ABG)

Earnings summaries and quarterly performance for ASBURY AUTOMOTIVE GROUP.

Recent press releases and 8-K filings for ABG.

Asbury Automotive Group Announces Q3 2025 Results
ABG
Earnings
M&A
Share Buyback
  • Asbury Automotive Group reported total revenue of $4,800.9 million for Q3 2025, reflecting a 13% increase for the total company and 5% growth in same-store sales.
  • The company achieved a total gross profit of $802.5 million and segment operating income of $227.5 million in Q3 2025.
  • As of Q3 2025, the transaction adjusted net leverage ratio was 3.2x, with total liquidity at $687 million.
  • Year-to-date Q3 2025, ABG executed significant capital allocation activities, including the acquisition of $2.9 billion in revenue from the Herb Chambers Group and divestitures totaling $698 million in revenue from 11 dealerships, alongside $50 million in share repurchases.
Oct 28, 2025, 2:00 PM
Asbury Automotive Group Reports Record Q3 2025 Revenue and Adjusted EPS
ABG
Earnings
M&A
Share Buyback
  • Asbury Automotive Group reported record Q3 2025 revenue of $4.8 billion and adjusted earnings per share of $7.17.
  • The company resumed opportunistic share repurchases, buying back $50 million in shares during the quarter, while prioritizing deleveraging and portfolio optimization.
  • The Herb Chambers Group acquisition positively impacted operating metrics, contributing to higher PVRs for new and used vehicles, and the company divested four stores with $300 million in annualized revenue.
  • Asbury revised its TCA (Total Care Auto) outlook, anticipating less deferred revenue impact due to lower projected market SAR (high 15s to low 16 million range) and delayed Koons store rollout.
  • The Techyon DMS rollout is underway in 23 stores, with expected SG&A savings and efficiency gains by early 2027 upon full implementation.
Oct 28, 2025, 2:00 PM
Asbury Automotive Group Reports Record Q3 2025 Revenue and Updates TCA Outlook
ABG
Earnings
M&A
Share Buyback
  • Asbury Automotive Group reported record Q3 2025 revenue of $4.8 billion, with a gross profit of $803 million and an adjusted operating margin of 5.5%. Adjusted earnings per share reached $7.17.
  • The company resumed opportunistic share repurchases, buying back $50 million in shares during the quarter, and is prioritizing deleveraging the balance sheet and optimizing its portfolio.
  • Same-store parts and service gross profit increased by 7% year-over-year, with the customer pay segment up 8%. Same-store new vehicle revenue was up 8%, and units were up 7%.
  • The outlook for Total Care Auto (TCA) was revised, with the $5+ EPS accretion target delayed to potentially 2031. This change is primarily due to lower projected sales annual rate (SAR) assumptions, as well as the impact of recent acquisitions and divestitures.
  • The integration of the Chambers Group acquisition has had a positive impact on operating metrics, and the company continues its Tekion rollout, with 23 stores currently on the new DMS. The full rollout is expected by the end of 2026, with efficiency gains anticipated by Q1 2027.
Oct 28, 2025, 2:00 PM
Asbury Automotive Group Reports Record Q3 2025 Revenue and Adjusted EPS, Updates TCA Outlook
ABG
Earnings
M&A
Guidance Update
  • Asbury Automotive Group reported record revenue of $4.8 billion and adjusted earnings per share of $7.17 for the third quarter of 2025.
  • The company resumed opportunistic share repurchases, buying back $50 million in shares during the quarter, and is focused on deleveraging the balance sheet and optimizing its portfolio.
  • The acquisition of the Herb Chambers Group had a positive impact on operating metrics, including pulling up PVRs for both new and used vehicles.
  • Same-store parts and service gross profit increased by 7% year-over-year, with the customer pay segment's gross profit up 8%.
  • The outlook for Total Care Auto (TCA) was revised due to factors including lower projected Sales Annualized Rate (SAR) assumptions, with the Q3 2025 adjusted EPS of $7.17 having a $0.23 per share negative non-cash deferral impact from TCA.
Oct 28, 2025, 2:00 PM
Asbury Automotive Group Reports Record Third Quarter Results
ABG
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • Asbury Automotive Group reported record third quarter 2025 revenue of $4.8 billion, marking a 13% increase compared to the third quarter of 2024.
  • Gross profit reached an all-time record of $803 million, representing a 12% growth year-over-year.
  • Diluted earnings per share (EPS) for the third quarter of 2025 increased 18% to $7.52, up from $6.37 in the same period last year.
  • The company repurchased approximately 220,500 shares for $50 million during the third quarter of 2025.
Oct 28, 2025, 11:00 AM
Asbury Automotive Group Reports Record Third Quarter 2025 Results
ABG
Earnings
Share Buyback
  • Asbury Automotive Group reported record third quarter 2025 revenue of $4.8 billion, an increase of 13%, and record gross profit of $803 million, up 12% compared to the prior year.
  • The company achieved diluted EPS of $7.52 and adjusted diluted EPS of $7.17 for Q3 2025, representing increases of 18% and 13%, respectively, over Q3 2024.
  • During the third quarter of 2025, Asbury repurchased approximately 220,500 shares for $50 million, with $226 million remaining on its share repurchase authorization as of September 30, 2025.
  • As of September 30, 2025, the company had $687 million in total liquidity, which included $130 million in cash and floorplan offset accounts and $557 million in availability under its used vehicle floorplan line and revolver.
Oct 28, 2025, 10:47 AM

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