ABG - Asbury Automotive Group, Inc.
NYSE
->
Consumer Cyclical
->
Auto & Truck Dealerships
Duluth,
United States
Type: Equity
ABG price evolution
ABG
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $45.7 | $41.6 | $77.5 | $296.8 |
| Short term investments | $6.2 | $7.4 | $10.3 | $5.5 |
| Net receivables | $226.1 | $202.5 | $175.7 | $166.6 |
| Inventory | $1768.3 | $1242.1 | $1199.2 | $1081.4 |
| Total current assets | $3057.1 | $2054.9 | $2003.9 | $2050.2 |
| Long term investments | $326.7 | $291.8 | $287.3 | $280.8 |
| Property, plant & equipment | $2557.5 | $2191.1 | $2173.8 | $2170.2 |
| Goodwill & intangible assets | $4104.8 | $3583.5 | $3583.5 | $3583.5 |
| Total noncurrent assets | $7102.3 | $6200.1 | $6162 | $6132.6 |
| Total investments | $332.9 | $299.2 | $297.6 | $286.3 |
| Total assets | $10159.4 | $8255 | $8165.9 | $8182.8 |
| Current liabilities | ||||
| Accounts payable | $748.1 | $601.8 | $687.5 | $672.2 |
| Deferred revenue | $736.7 | $726.9 | $714.1 | $713.7 |
| Short long term debt | $1896.8 | $166.1 | $129.7 | $151.3 |
| Total current liabilities | $2875.7 | $994.5 | $1049.6 | $1068.3 |
| Long term debt | $3343.3 | $3352.3 | $3400 | $3419 |
| Total noncurrent liabilities | $4039.6 | $4012 | $4047.7 | $4065.3 |
| Total debt | $5240.1 | $3518.4 | $3529.7 | $3570.3 |
| Total liabilities | $6915.3 | $5006.5 | $5097.3 | $5133.6 |
| Shareholders' equity | ||||
| Retained earnings | $2961.5 | $2950.4 | $2781.1 | $2763.3 |
| Other shareholder equity | $61.1 | $77.2 | $71.4 | $61.8 |
| Total shareholder equity | $3244.1 | $3248.5 | $3068.6 | $3049.2 |
| (in millions $) | 31 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $45.7 | $235.3 | $178.9 | $1.4 |
| Short term investments | $6.2 | $5.4 | $11 | |
| Net receivables | $226.1 | $225.3 | $229.8 | $155.5 |
| Inventory | $1768.3 | $959.2 | $718.4 | $875.2 |
| Total current assets | $3057.1 | $1909.8 | $1929.4 | $1405.7 |
| Long term investments | $326.7 | $235 | $123.5 | |
| Property, plant & equipment | $2557.5 | $2176.4 | $2251 | $1273.6 |
| Goodwill & intangible assets | $4104.8 | $3583.5 | $3607.4 | $987.4 |
| Total noncurrent assets | $7102.3 | $6111.6 | $6073.2 | $2270.6 |
| Total investments | $332.9 | $240.4 | $134.5 | |
| Total assets | $10159.4 | $8021.4 | $8002.6 | $3676.3 |
| Current liabilities | ||||
| Accounts payable | $748.1 | $147.4 | $742.9 | $450.9 |
| Deferred revenue | $736.7 | $713.9 | $647.8 | |
| Short long term debt | $1896.8 | $159.1 | $652.8 | $763.6 |
| Total current liabilities | $2875.7 | $1033.4 | $1598 | $1223.4 |
| Long term debt | $3343.3 | $3216.8 | $3762.1 | $1461.9 |
| Total noncurrent liabilities | $4039.6 | $4084.5 | $4289.1 | $1547.4 |
| Total debt | $5240.1 | $3594.3 | $4414.9 | $2225.5 |
| Total liabilities | $6915.3 | $5117.9 | $5887.1 | $2770.8 |
| Shareholders' equity | ||||
| Retained earnings | $2961.5 | $2610.1 | $1881.3 | $1348.9 |
| Other shareholder equity | $61.1 | $74.6 | -$0.7 | -$5.6 |
| Total shareholder equity | $3244.1 | $2903.5 | $2115.5 | $905.5 |
| (in millions $) | 31 Jan 2024 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3811.7 | $3666.2 | $3742.5 | $3582.3 |
| Cost of revenue | $2992.7 | $3029.4 | $2886.1 | |
| Gross Profit | $673 | $673.5 | $713.1 | $696.2 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $391.7 | $408.6 | $403 | |
| Total operating expenses | $431.2 | $408.7 | $425.4 | $419.7 |
| Operating income | $264.8 | $287.7 | $276.5 | |
| Income from continuing operations | ||||
| EBIT | $264.7 | $301.3 | $276.4 | |
| Income tax expense | $20.1 | $56.8 | $64.8 | $57.1 |
| Interest expense | -$49 | $38.7 | $40.1 | $37.9 |
| Net income | ||||
| Net income | $55.5 | $169.2 | $196.4 | $181.4 |
| Income (for common shares) | $169.2 | $196.4 | $181.4 | |
| (in millions $) | 31 Jan 2024 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $14802.7 | $15433.8 | $9837.7 | $7131.8 |
| Cost of revenue | $12333.3 | $7935.5 | $5908.4 | |
| Gross Profit | $2755.8 | $3100.5 | $1902.2 | $1223.4 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1763.4 | $1073.9 | $781.9 | |
| Total operating expenses | $1685.1 | $1832.4 | $1115.8 | $852.6 |
| Operating income | $1268.1 | $786.4 | $370.8 | |
| Income from continuing operations | ||||
| EBIT | $1479.7 | $799.8 | $412.5 | |
| Income tax expense | $198.8 | $321.8 | $165.3 | $83.7 |
| Interest expense | -$165.7 | $160.6 | $102.1 | $74.4 |
| Net income | ||||
| Net income | $602.5 | $997.3 | $532.4 | $254.4 |
| Income (for common shares) | $997.3 | $532.4 | $254.4 | |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $55.5 | $169.2 | $196.4 | $181.4 |
| Operating activities | ||||
| Depreciation | $17.1 | $17.1 | $16.8 | $16.7 |
| Business acquisitions & disposals | -$1500 | $30.7 | ||
| Stock-based compensation | $4.2 | $5.2 | $5.5 | $8.6 |
| Total cash flows from operations | $73.2 | $18.1 | $50 | $171.7 |
| Investing activities | ||||
| Capital expenditures | -$65.8 | -$35.7 | -$25.6 | -$15.2 |
| Investments | -$22.2 | -$6.2 | -$14.7 | -$40 |
| Total cash flows from investing | -$1588 | -$27.9 | -$7.3 | -$55.2 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $231.5 | -$0.2 | -$190.2 | -$41.1 |
| Net borrowings | $1567.7 | -$26 | -$71.7 | -$13.9 |
| Total cash flows from financing | $1799.2 | -$26.2 | -$261.9 | -$55 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | -$35.9 | -$219.3 | $61.5 | |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $602.5 | $997.3 | $532.4 | $254.4 |
| Operating activities | ||||
| Depreciation | $67.7 | $69 | $41.9 | $38.5 |
| Business acquisitions & disposals | -$1469.3 | $696.2 | -$3639.1 | -$776.2 |
| Stock-based compensation | $23.5 | $20.6 | $16.2 | $12.6 |
| Total cash flows from operations | $313 | $696 | $1163.7 | $652.5 |
| Investing activities | ||||
| Capital expenditures | -$142.3 | -$107.9 | -$82 | -$48.8 |
| Investments | -$83.1 | -$123.6 | -$0.3 | |
| Total cash flows from investing | -$1678.4 | $464.7 | -$3917 | -$820.8 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | -$295.2 | $656.5 | -$5.1 | |
| Net borrowings | $1456.1 | -$809.1 | $2274.3 | $164 |
| Total cash flows from financing | $1456.1 | -$1104.3 | $2930.8 | $166.2 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $56.4 | $177.5 | -$2.1 | |
News
Fundamentals
| Market cap | $4.41B |
|---|---|
| Enterprise value | $9.60B |
| Shares outstanding | 20.33M |
| Revenue | $14.80B |
|---|---|
| EBITDA | N/A |
| EBIT | N/A |
| Net Income | $602.50M |
| Revenue Q/Q | 2.85% |
| Revenue Y/Y | -4.09% |
| P/E ratio | 7.32 |
|---|---|
| EV/Sales | 0.65 |
| EV/EBITDA | N/A |
| EV/EBIT | N/A |
| P/S ratio | 0.30 |
| P/B ratio | 1.39 |
| Book/Share | 156.54 |
| Cash/Share | 2.25 |
| EPS | $29.63 |
|---|---|
| ROA | 6.93% |
| ROE | 19.11% |
| Debt/Equity | 2.13 |
|---|---|
| Net debt/EBITDA | N/A |
| Current ratio | 1.06 |
| Quick ratio | 0.45 |