Asbury Historical Income Statement

ABG Stock

USD 215.12 3.63 1.72%

Historical analysis of Asbury Automotive income statement accounts such as Interest Expense of 174 M, Selling General Administrative of 1.6 B or Total Revenue of 15.5 B can show how well Asbury Automotive Group performed in making a profits. Evaluating Asbury Automotive income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Asbury Automotive's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Asbury Automotive latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Asbury Automotive is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asbury Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

About Asbury Income Statement Analysis

Asbury Automotive Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Asbury Automotive shareholders. The income statement also shows Asbury investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Asbury Automotive Income Statement Chart

Asbury Automotive Group Income Statement is one of the three primary financial statements used for reporting Asbury's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Asbury Automotive revenue and expense. Asbury Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Asbury Automotive's Total Revenue is most likely to increase significantly in the upcoming years. The Asbury Automotive's current Gross Profit is estimated to increase to about 2.8 B, while Total Operating Expenses is projected to decrease to roughly 966.6 M.

Selling General Administrative Total Revenue Gross Profit Other Operating Expenses

Total Revenue

Total revenue comprises all receipts Asbury Automotive generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Asbury Automotive Group minus its cost of goods sold. It is profit before Asbury Automotive operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Asbury Automotive. It is also known as Asbury Automotive overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from Asbury Automotive's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Asbury Automotive current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Asbury Automotive Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	3.1B	2.7B	2.8B
Total Revenue	9.8B	15.4B	14.8B	15.5B

Gross Profit Total Revenue

Asbury Automotive income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Discontinued Operations	Tax Provision	Interest Income	Non Recurring	Extraordinary Items	Net Interest Income	Reconciled Depreciation	Selling And Marketing Expenses
Depreciation And Amortization		0.77	0.7	0.78	0.78	0.78	0.74	0.74	0.75	0.78	0.9	0.76	-0.31	0.76	0.73	-0.53	0.71	0.63	0.65	0.64	0.79	0.73	-0.02	-0.62	0.57	0.17
Interest Expense	0.77		0.97	0.99	0.97	0.99	0.95	0.95	0.95	0.99	0.88	0.89	-0.62	0.89	0.87	-0.51	0.93	0.9	0.58	0.7	0.84	0.79	-0.03	-0.92	0.61	-0.08
Selling General Administrative	0.7	0.97		0.98	0.96	0.98	0.93	0.93	0.94	0.98	0.85	0.86	-0.62	0.86	0.87	-0.52	0.92	0.91	0.47	0.72	0.8	0.76	-0.01	-0.91	0.61	-0.15
Total Revenue	0.78	0.99	0.98		0.99	1.0	0.98	0.97	0.98	1.0	0.9	0.93	-0.59	0.93	0.93	-0.49	0.96	0.9	0.55	0.76	0.84	0.83	0.01	-0.93	0.59	-0.02
Gross Profit	0.78	0.97	0.96	0.99		0.99	0.99	0.99	0.99	0.99	0.91	0.96	-0.55	0.96	0.95	-0.44	0.97	0.9	0.52	0.81	0.85	0.85	0.03	-0.94	0.58	0.06
Other Operating Expenses	0.78	0.99	0.98	1.0	0.99		0.97	0.97	0.97	1.0	0.9	0.92	-0.59	0.92	0.92	-0.5	0.95	0.9	0.55	0.75	0.83	0.82	0.01	-0.92	0.6	-0.03
Operating Income	0.74	0.95	0.93	0.98	0.99	0.97		1.0	1.0	0.97	0.89	0.98	-0.56	0.98	0.96	-0.33	0.99	0.9	0.49	0.84	0.86	0.87	0.05	-0.95	0.55	0.08
Ebit	0.74	0.95	0.93	0.97	0.99	0.97	1.0		1.0	0.97	0.89	0.98	-0.56	0.98	0.96	-0.33	0.99	0.9	0.49	0.84	0.86	0.87	0.05	-0.95	0.55	0.08
Ebitda	0.75	0.95	0.94	0.98	0.99	0.97	1.0	1.0		0.97	0.89	0.98	-0.56	0.98	0.96	-0.34	0.99	0.9	0.5	0.83	0.86	0.88	0.05	-0.95	0.55	0.08
Cost Of Revenue	0.78	0.99	0.98	1.0	0.99	1.0	0.97	0.97	0.97		0.9	0.92	-0.59	0.92	0.92	-0.5	0.95	0.9	0.55	0.74	0.83	0.82	0.01	-0.92	0.59	-0.04
Total Operating Expenses	0.9	0.88	0.85	0.9	0.91	0.9	0.89	0.89	0.89	0.9		0.9	-0.34	0.9	0.9	-0.54	0.84	0.74	0.56	0.83	0.9	0.71	-0.01	-0.79	0.54	0.25
Income Before Tax	0.76	0.89	0.86	0.93	0.96	0.92	0.98	0.98	0.98	0.92	0.9		-0.38	1.0	0.99	-0.3	0.96	0.84	0.5	0.87	0.84	0.83	0.07	-0.9	0.54	0.28
Total Other Income Expense Net	-0.31	-0.62	-0.62	-0.59	-0.55	-0.59	-0.56	-0.56	-0.56	-0.59	-0.34	-0.38		-0.39	-0.33	0.15	-0.6	-0.62	-0.1	-0.35	-0.51	-0.65	-0.07	0.65	-0.3	0.68
Net Income	0.76	0.89	0.86	0.93	0.96	0.92	0.98	0.98	0.98	0.92	0.9	1.0	-0.39		0.98	-0.29	0.96	0.84	0.49	0.86	0.85	0.84	0.07	-0.91	0.54	0.28
Income Tax Expense	0.73	0.87	0.87	0.93	0.95	0.92	0.96	0.96	0.96	0.92	0.9	0.99	-0.33	0.98		-0.34	0.94	0.84	0.49	0.87	0.81	0.78	0.06	-0.88	0.53	0.28
Minority Interest	-0.53	-0.51	-0.52	-0.49	-0.44	-0.5	-0.33	-0.33	-0.34	-0.5	-0.54	-0.3	0.15	-0.29	-0.34		-0.24	-0.2	-0.38	-0.1	-0.21	-0.2	0.09	0.19	-0.12	0.01
Net Income From Continuing Ops	0.71	0.93	0.92	0.96	0.97	0.95	0.99	0.99	0.99	0.95	0.84	0.96	-0.6	0.96	0.94	-0.24		0.94	0.44	0.85	0.87	0.89	0.08	-0.98	0.6	0.02
Non Operating Income Net Other	0.63	0.9	0.91	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.74	0.84	-0.62	0.84	0.84	-0.2	0.94		0.4	0.77	0.81	0.79	0.07	-0.95	0.76	-0.19
Discontinued Operations	0.65	0.58	0.47	0.55	0.52	0.55	0.49	0.49	0.5	0.55	0.56	0.5	-0.1	0.49	0.49	-0.38	0.44	0.4		0.18	0.46	0.43	-0.27	-0.35	0.21	0.1
Tax Provision	0.64	0.7	0.72	0.76	0.81	0.75	0.84	0.84	0.83	0.74	0.83	0.87	-0.35	0.86	0.87	-0.1	0.85	0.77	0.18		0.88	0.7	0.17	-0.82	0.53	0.25
Interest Income	0.79	0.84	0.8	0.84	0.85	0.83	0.86	0.86	0.86	0.83	0.9	0.84	-0.51	0.85	0.81	-0.21	0.87	0.81	0.46	0.88		0.72	0.01	-0.86	0.61	0.07
Non Recurring	0.73	0.79	0.76	0.83	0.85	0.82	0.87	0.87	0.88	0.82	0.71	0.83	-0.65	0.84	0.78	-0.2	0.89	0.79	0.43	0.7	0.72		0.11	-0.81	0.43	-0.08
Extraordinary Items	-0.02	-0.03	-0.01	0.01	0.03	0.01	0.05	0.05	0.05	0.01	-0.01	0.07	-0.07	0.07	0.06	0.09	0.08	0.07	-0.27	0.17	0.01	0.11		-0.08	0.06	0.0
Net Interest Income	-0.62	-0.92	-0.91	-0.93	-0.94	-0.92	-0.95	-0.95	-0.95	-0.92	-0.79	-0.9	0.65	-0.91	-0.88	0.19	-0.98	-0.95	-0.35	-0.82	-0.86	-0.81	-0.08		-0.67	0.06
Reconciled Depreciation	0.57	0.61	0.61	0.59	0.58	0.6	0.55	0.55	0.55	0.59	0.54	0.54	-0.3	0.54	0.53	-0.12	0.6	0.76	0.21	0.53	0.61	0.43	0.06	-0.67		-0.1
Selling And Marketing Expenses	0.17	-0.08	-0.15	-0.02	0.06	-0.03	0.08	0.08	0.08	-0.04	0.25	0.28	0.68	0.28	0.28	0.01	0.02	-0.19	0.1	0.25	0.07	-0.08	0.0	0.06	-0.1

Click cells to compare fundamentals

Asbury Automotive Account Relationship Matchups

Asbury Automotive income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	43.3M	61.5M	41.9M	69M	67.7M	34.7M
Interest Expense	92.8M	74.4M	102.1M	160.6M	165.7M	174.0M
Selling General Administrative	643.3M	635M	852.4M	1.4B	1.6B	1.6B
Total Revenue	7.2B	7.1B	9.8B	15.4B	14.8B	15.5B
Gross Profit	1.2B	1.2B	1.9B	3.1B	2.7B	2.8B
Other Operating Expenses	6.9B	6.7B	9.0B	14.2B	13.7B	14.4B
Operating Income	325M	370.8M	791.8M	1.3B	1.1B	1.1B
Ebit	325M	370.8M	791.8M	1.3B	1.1B	1.1B
Ebitda	368.3M	432.3M	833.7M	1.3B	1.1B	1.2B
Cost Of Revenue	6.0B	5.9B	7.9B	12.3B	12.1B	12.7B
Total Operating Expenses	836.8M	829.6M	1.1B	1.8B	1.6B	966.6M
Income Before Tax	243.9M	338.1M	697.7M	1.3B	801.3M	841.4M
Total Other Income Expense Net	(81.1M)	(32.7M)	(94.1M)	46.5M	(269.4M)	(255.9M)
Net Income	184.4M	254.4M	532.4M	997.3M	602.5M	632.6M
Income Tax Expense	59.5M	83.7M	165.3M	321.8M	198.8M	208.7M
Net Income Applicable To Common Shares	184.4M	254.4M	532.4M	997.3M	1.1B	1.2B
Net Income From Continuing Ops	184.4M	254.4M	532.4M	997.3M	900.2M	945.2M
Tax Provision	59.5M	83.7M	165.3M	321.8M	290M	153.0M
Interest Income	92.8M	74.4M	102.1M	160.7M	184.8M	100.8M
Net Interest Income	(92.8M)	(74.4M)	(102.1M)	(160.6M)	(157.6M)	(165.5M)
Reconciled Depreciation	59.8M	60.3M	41.9M	69M	66M	64.1M

Pair Trading with Asbury Automotive

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asbury Automotive position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asbury Automotive will appreciate offsetting losses from the drop in the long position's value.

Moving together with Asbury Stock

0.62

AutoNation Earnings Call This Week

Pair Corr

Moving against Asbury Stock

0.54	DIT	AMCON Distributing	Pair Corr
0.5	BGI	Birks Group	Pair Corr
0.5	BIG	Big Lots Financial Report 24th of May 2024	Pair Corr
0.43	GME	GameStop Corp Financial Report 5th of June 2024	Pair Corr
0.42	BQ	Boqii Holding Limited	Pair Corr

The ability to find closely correlated positions to Asbury Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asbury Automotive when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asbury Automotive - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asbury Automotive Group to buy it.

The correlation of Asbury Automotive is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asbury Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asbury Automotive moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Asbury Automotive can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:

How To Invest In Asbury

Details

Is Asbury Stock a good investment?

Details

What is Asbury Automotive's Net Worth?

Details

Largest Automotive Retail Companies

View

Largest Consumer Discretionary Distribution & Retail Companies

View

Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Asbury Stock analysis

When running Asbury Automotive's price analysis, check to measure Asbury Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.

	FinTech Suite Use AI to screen and filter profitable investment opportunities
	Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
	Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
	Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
	Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
	Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios
	Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators
	Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments

Is Asbury Automotive's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.83)

Earnings Share

28.74

Revenue Per Share

708.263

Quarterly Revenue Growth

0.029

Return On Assets

0.0739

The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Asbury Historical Income Statement

About Asbury Income Statement Analysis

Asbury Automotive Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Asbury Automotive income statement Correlations

Asbury Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Asbury Automotive income statement Accounts

Pair Trading with Asbury Automotive

Moving together with Asbury Stock

Moving against Asbury Stock

Complementary Tools for Asbury Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit

Net Interest Income	- 0.98	Net Income From Continuing Ops
Net Interest Income	- 0.95	Non Operating Income Net Other
Net Interest Income	- 0.95	Ebitda
Net Interest Income	- 0.95	Ebit
Net Interest Income	- 0.95	Operating Income
Net Interest Income	- 0.94	Gross Profit