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ASBURY AUTOMOTIVE GROUP (ABG)

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Earnings summaries and quarterly performance for ASBURY AUTOMOTIVE GROUP.

Recent press releases and 8-K filings for ABG.

Asbury Reports Record Q4 Results and Strategic Initiatives
ABG
Earnings
Share Buyback
M&A
  • Asbury reported record Q4 results with $4.7 billion in revenue and $793 million in gross profit, delivering adjusted EPS of $6.67 and an adjusted operating margin near 5.4%.
  • The company's adjusted EBITDA was $250 million for Q4, and its gross profit margin expanded by 31 basis points to 17%.
  • Strategic actions include $50 million in share repurchases during Q4 and the completion of four store divestitures, with a further 13-store divestiture program underway expected to total roughly $750 million of annualized revenue.
  • Management noted strength in used-vehicle operations but anticipates near-term pressures in the first half of 2026 from softer new-vehicle demand and rising operating costs, expecting improvement in the second half.
2 days ago
Asbury Automotive Group Reports Record Q4 2025 Results and Outlines 2026 Strategy
ABG
Earnings
Guidance Update
M&A
  • Asbury Automotive Group reported a fourth-quarter record of $4.7 billion in revenue and $793 million in gross profit for Q4 2025, with an adjusted earnings per share of $6.67.
  • In 2025, the company acquired $2.9 billion in revenue, divested four stores in Q4 2025, and plans to divest nine more by the end of Q1 2026, collectively representing $750 million of annualized revenue.
  • The company repurchased $100 million in shares for the full year 2025 and ended the year with a Net Leverage Ratio of 3.2x, with a goal to reduce it to below 3x by summer 2026.
  • Asbury transitioned 15 additional stores onto Tekion in Q4 2025, bringing the total to 38, with the full rollout across all stores expected by fall 2026. New vehicle profitability is anticipated to stabilize in the $2,500-$3,000 range, and a renewed strategy for parts and service aims for mid-single-digit customer pay growth.
2 days ago
Asbury Automotive Group Reports Record Q4 2025 Results and Strategic Progress
ABG
Earnings
Share Buyback
M&A
  • Asbury Automotive Group (ABG) reported record fourth quarter 2025 revenue of $4.7 billion and gross profit of $793 million, with adjusted earnings per share (EPS) of $6.67.
  • For the full year 2025, ABG acquired $2.9 billion in revenue and repurchased $100 million in shares, including $50 million in Q4 2025.
  • The company's transaction-adjusted Net Leverage Ratio improved to 3.2x at year-end 2025, with a target to reduce it below 3x by summer/end of 2026.
  • ABG continued its Tekion DMS rollout, transitioning 15 additional stores in Q4 2025 to reach 38 stores by year-end, with the full rollout expected by Q3 2026. This initiative is anticipated to cause a "front-half hit" to SG&A in 2026 due to duplicated costs, followed by "back-half benefit" from savings.
  • For 2026, the company forecasts a slight contraction in SAR, expecting the first half to be more challenging and the second half to improve.
2 days ago
Asbury Automotive Group Announces Q4 and Full Year 2025 Results
ABG
Earnings
M&A
Share Buyback
  • Asbury Automotive Group reported $18 billion in total revenue and $1,006 million in Adjusted EBITDA for the full year 2025.
  • As of Q4 2025, the company's Transaction Adjusted Net Leverage was 3.2x, with $927 million in available liquidity, and the company targets leverage under 3.0x.
  • In 2025, ABG acquired $2.9 billion in revenue and divested ~$800 million in revenue, while also repurchasing $100 million in shares. The company plans organic investments of approximately $250 million per year in 2026 and 2027.
  • For Q4 2025, total same-store revenue decreased by 6% year-over-year, primarily due to a 10% decline in used vehicle retail revenue and a 6% decline in new vehicle revenue, though parts and service revenue increased by 2%.
2 days ago
Asbury Automotive Group Reports Record Q4 2025 Results and Advances Strategic Initiatives
ABG
Earnings
Share Buyback
M&A
  • Asbury Automotive Group reported a record fourth quarter 2025 revenue of $4.7 billion and gross profit of $793 million, delivering an adjusted earnings per share of $6.67.
  • The company strategically managed its portfolio, acquiring $2.9 billion in revenue in 2025 and divesting 4 stores in Q4, with plans to divest 9 additional stores by the end of Q1 2026, collectively representing $750 million of annualized revenue.
  • Asbury achieved a transaction-adjusted Net Leverage Ratio of 3.2x by year-end 2025, better than its 3.5x forecast, and repurchased $50 million in shares during the quarter, contributing to $100 million for the full year.
  • The rollout of the Tekion Dealer Management System advanced, with 38 stores operating on the new system by year-end 2025, and the company expects to complete the rollout by fall 2026, anticipating future efficiencies.
2 days ago
Asbury Automotive Group Reports Record Q4 and Full-Year 2025 Results
ABG
Earnings
Share Buyback
M&A
  • Asbury Automotive Group reported record fourth quarter Revenue of $4.7 billion, an increase of 4%, contributing to an all-time record annual Revenue of $18 billion for 2025.
  • For the fourth quarter of 2025, Net Income was $60 million ($3.10 per diluted share), while adjusted Net Income, a non-GAAP measure, was $129 million ($6.67 per diluted share).
  • The company repurchased approximately 212,000 shares for $50 million during the fourth quarter of 2025, bringing the full-year 2025 share repurchases to $100 million.
  • During 2025, Asbury acquired $2.9 billion in annualized revenue and divested four stores in Q4 2025 with an estimated annualized revenue of $150 million.
  • As of December 31, 2025, the company's transaction adjusted net leverage ratio was 3.2x, and it had $927 million in total liquidity.
2 days ago
Asbury Automotive Group Reports Fourth Quarter and Full Year 2025 Results
ABG
Earnings
Share Buyback
M&A
  • Asbury Automotive Group reported record fourth quarter Revenue of $4.7 billion, a 4% increase, and record Gross Profit of $793 million, a 6% increase for Q4 2025, contributing to an all-time record annual Revenue of $18 billion for the full year.
  • For the fourth quarter of 2025, the company reported EPS of $3.10 per diluted share and adjusted EPS of $6.67 per diluted share.
  • The company repurchased approximately 212,000 shares for $50 million during Q4 2025, bringing the full-year 2025 share repurchases to $100 million.
  • As of December 31, 2025, Asbury had $927 million in total liquidity and a transaction adjusted net leverage ratio of 3.2x.
2 days ago
Asbury Automotive Group Announces CEO Succession Plan and Executive Compensation Details
ABG
CEO Change
Management Change
Executive Compensation
  • David Hult, current President and Chief Executive Officer, will transition to the role of Executive Chairman following the Company's 2026 Annual Meeting of Stockholders, expected in May 2026.
  • Daniel E. Clara, currently Chief Operating Officer, has been elected to succeed Mr. Hult as President and Chief Executive Officer, effective at the same time.
  • As Executive Chairman, Mr. Hult's employment agreement continues through December 31, 2027, with potential for renewal, and includes an annual base salary of $750,000 from the Transition Date through December 31, 2026, decreasing to $525,000 for 2027, and $300,000 from January 1, 2028.
  • Mr. Hult will also be eligible for a discretionary annual incentive bonus with a target opportunity of a blended rate of 135% of base salary for the period from January 1, 2026 through the Transition Date and 100% of base salary for the period from the day following the Transition Date through December 31, 2026, and 100% of base salary for 2027 and 2028.
  • The compensatory arrangement for Mr. Clara in connection with his promotion to President and Chief Executive Officer has not been determined at this time.
Dec 8, 2025, 10:07 PM
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