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Sep 30, 2022

Group 1 Automotive Q3 2022 Earnings Report

Reported record quarterly revenues and diluted earnings per share.

Key Takeaways

Group 1 Automotive reported record quarterly financial results for Q3 2022, with total revenues of $4.2 billion, a 22.0% increase compared to the prior year quarter. Diluted earnings per common share from continuing operations was $12.57, a 34.4% increase over the prior year quarter.

Record Quarterly Revenues of $4.2 billion, a 22.0% Increase

Record Quarterly Diluted Earnings Per Common Share from Continuing Operations of $12.57 per share, a 34.4% Increase

Consolidated vehicle and aftersales revenue growth was well over 20%

Consolidated aftersales gross profit growth exceeded 25%

Total Revenue
$4.16B
Previous year: $3.51B
+18.6%
EPS
$12
Previous year: $9.62
+24.7%
Gross Profit Used Vehicles
$1.57K
Previous year: $2.28K
-31.1%
Gross Profit New Vehicles
$5.27K
Previous year: $4.77K
+10.3%
Retail New Vehicles Units Sold
39.24K
Previous year: 35.13K
+11.7%
Gross Profit
$753M
Previous year: $653M
+15.2%
Cash and Equivalents
$20.5M
Previous year: $297M
-93.1%
Free Cash Flow
$143M
Previous year: $341M
-58.1%
Total Assets
$6.25B
Previous year: $4.76B
+31.4%

Group 1 Automotive

Group 1 Automotive

Group 1 Automotive Revenue by Segment

Group 1 Automotive Revenue by Geographic Location

Forward Guidance

No specific forward guidance was provided in the earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income