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Jun 30, 2022

Group 1 Automotive Q2 2022 Earnings Report

Reported record quarterly revenues and diluted earnings per share.

Key Takeaways

Group 1 Automotive reported record second quarter financial results, with revenues of $4.1 billion, a 14.3% increase, and diluted earnings per common share from continuing operations of $12.11, an 18.3% increase.

Record Quarterly Revenues of $4.1 billion, a 14.3% Increase

Record Quarterly Diluted Earnings Per Common Share from Continuing Operations of $12.11 per share, an 18.3% Increase

Record U.S. revenues and gross profits were the primary drivers.

Acquisitions over the past 18 months will provide more than $3.0 billion in expected annual additional revenues in the year ahead.

Total Revenue
$4.15B
Previous year: $3.7B
+12.0%
EPS
$12
Previous year: $10.3
+16.4%
Gross Profit Used Vehicles
$90.3M
Previous year: $2.43K
+3723611.3%
Gross Profit New Vehicles
$210M
Previous year: $3.85K
+5457984.6%
Retail New Vehicles Units Sold
38.82K
Previous year: 42.89K
-9.5%
Gross Profit
$768M
Previous year: $661M
+16.2%
Cash and Equivalents
$26.3M
Previous year: $199M
-86.8%
Free Cash Flow
$104M
Previous year: $486M
-78.6%
Total Assets
$6.1B
Previous year: $4.86B
+25.7%

Group 1 Automotive

Group 1 Automotive

Group 1 Automotive Revenue by Segment

Group 1 Automotive Revenue by Geographic Location

Forward Guidance

The company did not provide forward guidance in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income