earnings
confidence high
sentiment positive
materiality 0.75
Asbury Q4 record revenue $4.5B, adj. EPS $7.26, parts & service +19%
ASBURY AUTOMOTIVE GROUP INC
2024-FY EPS reported
$21.50
revenue$17,188,600,000
- Net income $129M ($6.54 diluted EPS), up 132% YoY; adjusted net income $143M ($7.26 diluted EPS), down 2% YoY.
- Record quarterly revenue $4.5B (+18%); parts & service gross profit $340M (+19%) also a record.
- Same-store parts & service gross profit +11%; SG&A as % of gross profit improved 137 bps vs Q3 2024.
- Full year 2024 revenue $17.2B (+16%); adjusted EBITDA $982M (-13% YoY).
- Repurchased ~830k shares for $183M in 2024; $276M remaining on authorization.