•
Mar 31

AutoNation Q1 2025 Earnings Report

AutoNation reported solid revenue growth and strong after-sales profits in Q1 2025 despite a slight dip in net income.

Key Takeaways

AutoNation delivered a resilient performance in Q1 2025, posting record after-sales gross profits and expanding new vehicle sales, even as net income and operating income experienced minor declines.

Revenue reached $6.7 billion, up 4% year-over-year on a same-store basis.

New vehicle sales grew significantly, driving a 10% increase in segment revenue.

Record After-Sales gross profit of $568 million achieved.

Share repurchases amounted to $225 million during the quarter.

Total Revenue
$6.69B
Previous year: $6.49B
+3.2%
EPS
$4.68
Previous year: $4.49
+4.2%
New Retail Vehicle Sales
62.39K
Previous year: 58.86K
+6.0%
Used Retail Vehicle Sales
68K
Previous year: 69.12K
-1.6%
Revenue per New Vehicle
$52.1K
Previous year: $50.6K
+2.9%
Gross Profit
$1.22B
Previous year: $1.2B
+1.8%
Cash and Equivalents
$70.5M
Previous year: $60.3M
+16.9%
Free Cash Flow
$237M
Previous year: $201M
+17.9%

AutoNation

AutoNation

AutoNation Revenue by Segment

AutoNation Revenue by Geographic Location

Forward Guidance

AutoNation expects continued resilience despite economic uncertainties, focusing on operational strength and strategic capital deployment.

Positive Outlook

  • Multiple revenue streams provide durability.
  • Strong operating cash flow and cash conversion.
  • Record After-Sales profitability.
  • Significant share repurchases support EPS.
  • Strategic acquisitions expected to enhance scale and profitability.

Challenges Ahead

  • Uncertainty regarding tariffs could impact costs.
  • Pressure on new vehicle unit profitability remains.
  • Higher SG&A as a percentage of gross profit.
  • Increased non-vehicle debt load.
  • Used vehicle retail unit sales slightly declined.

Revenue & Expenses

Visualization of income flow from segment revenue to net income