Asbury Automotive Group

Automotive Retail auto dealers car services used cars

Asbury Automotive Group, Inc., headquartered in Duluth, GA, a suburb of Atlanta, is one of the largest automotive retailers in the U.S., with 2014 revenues over $5 billion. Built through a combination of organic growth and a series of strategic acquisitions, Asbury currently operates 87 retail auto stores, encompassing 104 franchises for the sale and servicing of 29 different brands of American, European and Asian automobiles. Asbury also operates 25 collision repair centers and three stand-alone used vehicle stores. Asbury offers customers an extensive range of automotive products and services, including new and used vehicle sales and related financing and insurance, vehicle maintenance and repair services, replacement parts and service contracts.

Revenue(Q1, 2017)

Market capitalization(2017-08-15)

Company Growth (employees)

Type

Public

HQ

Duluth, US

Founded

2002

Size (employees)

7,900 (est)-8%

Website

Asbury Automotive Group was founded in 2002 and is headquartered in Duluth, US

Key People at Asbury Automotive Group

Craig Monaghan

Craig Monaghan

President & CEO

Keith Style

Keith Style

SVP & CFO

David Hult

David Hult

EVP & COO

Asbury Automotive Group Office Locations

Asbury Automotive Group has an office in Duluth

Duluth, US (HQ)

300 2905 Premiere Pkwy

Asbury Automotive Group Data and Metrics

Asbury Automotive Group Financial Metrics

Asbury Automotive Group's revenue was reported to be $1.6 b in Q1, 2017

Summary

USD

Asbury Automotive Group's current market capitalization is $1.1 b.

Income Statement

Annual

USD	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	5.3 b	5.9 b	6.6 b	6.5 b
Revenue growth, %		10%	12%	(1%)
Cost of goods sold			5.5 b	5.5 b
Gross profit	877.5 m	967.2 m	1.1 b	1.1 b
Gross profit Margin, %	16%	16%	16%	16%
EBIT	226.1 m	268.2 m	301.6 m	297.8 m
EBIT margin, %	4%	5%	5%	5%
Pre tax profit			273.4 m	267.8 m
Net Income	109.1 m	111.6 m	169.2 m	167.2 m

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Revenue	1.5 b	1.5 b	1.5 b	1.7 b	1.7 b	1.6 b	1.6 b	1.7 b	1.6 b
Cost of goods sold	1.3 b	1.3 b	1.3 b	1.4 b	1.4 b	1.3 b	1.4 b	1.4 b	1.3 b
Gross profit	247.9 m	244.6 m	256.4 m	271.3 m	272.7 m	260.8 m	267.6 m	265.7 m	260.1 m
Gross profit Margin, %	16%	16%	17%	16%	16%	17%	16%	16%	17%
General and administrative expense	169.2 m	171.5 m	175.7 m	181.9 m	188.8 m
Operating expense total	169.2 m	171.5 m	175.7 m	181.9 m	188.8 m
EBIT	72.2 m	66.1 m	73.1 m	82.2 m	76.6 m	68.9 m	78.1 m	70.7 m	72.3 m
EBIT margin, %	5%	4%	5%	5%	4%	4%	5%	4%	5%
Pre tax profit	59 m	53 m	58.4 m	67.2 m	82.2 m	50.3 m	58.9 m	51.7 m	53.1 m
Income tax expense	22.8 m	20.6 m	22.5 m	26.1 m	31 m	19.2 m	22.3 m	19.3 m	19.1 m
Net Income	35.9 m	32.5 m	35.9 m	41.1 m	51.1 m	31 m	36.7 m	32.4 m	34 m

Balance Sheet

Annual

USD	FY, 2015	FY, 2016
Cash	2.8 m	3.4 m
Accounts Receivable	119.5 m	138.4 m
Inventories	917.2 m	894.9 m
Current Assets	1.3 b	1.3 b
PP&E	772.8 m	815.4 m
Goodwill	130.2 m	128.1 m
Total Assets	2.3 b	2.3 b
Accounts Payable		6.8 b
Total Debt	940.4 m	912.7 m
Current Liabilities	1 b	1.1 b
Additional Paid-in Capital	537.2 m	549.4 m
Retained Earnings	444.3 m	611.5 m
Total Equity	314.5 m	279.7 m
Debt to Equity Ratio	3 x	3.3 x
Debt to Assets Ratio	0.4 x	0.4 x
Financial Leverage	7.3 x	8.4 x

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Cash	7 m	11.1 m	1.1 m	1.9 m	3.9 m	4.4 m	1.8 m	3.7 m	3.1 m
Accounts Receivable	95.8 m	87.9 m	97.9 m	99.5 m	103.8 m	98.5 m	109.6 m	111.9 m	114.7 m
Inventories	793.1 m	784.6 m	870.5 m	928.5 m	887.6 m	997.9 m	989.5 m	892.4 m	969.1 m
Current Assets	1.1 b	1.1 b	1.3 b	1.3 b	1.3 b	1.4 b	1.4 b	1.3 b	1.3 b
PP&E	677.5 m	700.1 m	726.1 m	765.2 m	761.6 m	776.7 m	803.5 m	800.3 m	824.1 m
Goodwill	61.9 m	61.9 m	102.9 m	131.2 m	130.2 m	130.2 m	130.2 m	128 m	160.7 m
Total Assets	1.9 b	1.9 b	2.2 b	2.3 b	2.2 b	2.3 b	2.4 b	2.3 b	2.4 b
Accounts Payable	226.1 m	216.7 m	273.2 m	269.1 m	264.5 m	281.2 m	270.8 m	271.1 m	327.7 m
Current Liabilities	848.2 m	787.3 m	1.1 b	1.2 b	1.1 b	1.1 b	1.2 b	1.1 b	1.2 b
Additional Paid-in Capital	518.1 m	520.5 m	529.1 m	532.4 m	534.9 m	541.1 m	543.5 m	546.6 m	553.1 m
Retained Earnings	230.8 m	263.3 m	311 m	352.1 m	403.2 m	475.3 m	512 m	544.4 m	645 m
Total Equity	528.8 m	523.9 m	378.5 m	367.7 m	314.5 m	241.8 m	219.6 m	255.6 m	298.2 m
Financial Leverage	3.7 x	3.7 x	5.8 x	6.3 x	7.1 x	9.7 x	10.8 x	9.1 x	8 x

Cash Flow

Annual

Quarterly

USD	Q2, 2014	Q3, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017
Net Income	35.9 m	32.5 m	35.9 m	41.1 m	51.1 m	31 m	36.7 m	32.4 m	34 m
Depreciation and Amortization	6.4 m	6.7 m	7.3 m	7.2 m	7.5 m	7.5 m	7.7 m	7.8 m	7.9 m
Accounts Receivable	95.8 m	87.9 m	97.9 m	99.5 m	103.8 m	98.5 m	109.6 m	111.9 m	114.7 m
Inventories	793.1 m	784.6 m	870.5 m	928.5 m	887.6 m

Ratios

Asbury Automotive Group Market Value History

Market Position of Asbury Automotive Group

Competitors

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Traffic Overview of Asbury Automotive Group

Asbury Automotive Group Online and Social Media Presence

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