Filing Flows › Asbury Automotive Group (ABG) › Q1 2025
Asbury Automotive Group (ABG) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Asbury Automotive Group (ABG) reported revenue of $4.1B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -8% from the quarter before. Operating margin was 5.6%, net earnings $132M (3.2% of revenue).
Asbury Automotive Group, Q1 2025: revenue $4.1B (-1% year over year), operating margin 5.6%, net earnings $132M, operating cash flow $225M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.1B | -8% | -1% |
| Gross profit | $724M | -3% | -3% |
| Operating profit | $234M | -2% | -11% |
| Net earnings | $132M | +3% | -10% |
| Operating cash flow | $225M | -8% | +27% |
| Free cash flow | $204M | — | +34% |
What changed
Revenue was $4.1B in Q1 2025, down 1% year over year and down 8% from the previous quarter. Used vehicle was the largest line at 30% of revenue. Used vehicle lost $0.12B year over year (down 9%), 230% of the total change.
Gross margin was 17.5%, down 0.4 points from a year earlier. Operating profit was $0.23B, a 5.6% margin (down 0.6 points year over year). Operating expenses grew 1% against a revenue fall of 1%. The fastest-growing cost line was Other operating costs (+80%). Net earnings were $0.13B, down 10% year over year. The effective tax rate was 24.7%.
Operating cash flow was $0.23B (up 27% year over year), 170% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.02B left free cash flow of $0.20B.
Questions
What was Asbury Automotive Group's revenue in the first quarter 2025?
Asbury Automotive Group (ABG) reported revenue of $4.1B for the first quarter 2025 (Q1 2025), -1% from a year earlier and -8% from the quarter before.
Was Asbury Automotive Group profitable in the first quarter 2025?
Operating profit was $234M (5.6% of revenue) and net earnings $132M.