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Dec 31, 2024
Asbury Q4 2024 Earnings Report
Asbury reported record Q4 2024 revenue, driven by strong performance in new vehicle sales and parts & service.
Key Takeaways
Asbury Automotive Group reported record fourth-quarter revenue of $4.5 billion, an 18% increase year-over-year. EPS was $6.54 per diluted share, while adjusted EPS was $7.26 per diluted share. The company's Parts & Service gross profit grew by 19%, reaching an all-time record of $340 million.
Record quarterly revenue of $4.5 billion, an 18% increase year-over-year.
Parts & Service gross profit reached a record $340 million, a 19% increase year-over-year.
EPS increased 132% to $6.54 per diluted share.
The company demonstrated improved SG&A efficiency, lowering costs as a percentage of gross profit for the second consecutive quarter.
Asbury
Asbury
Asbury Revenue by Segment
Revenue by Segment
New Vehicle Revenue
CapyFin.comUsed Vehicle Revenue
CapyFin.comParts & Service Revenue
CapyFin.comF&I Net Revenue
CapyFin.com Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income