Goodwill and intangible assets, net, consist of the following:


	June 30, 2026		December 31, 2025
Goodwill	$	1,422.8	$	1,409.3

Franchise rights - indefinite-lived	$	1,238.5	$	1,018.6
Other intangibles	30.1		30.1
	1,268.6		1,048.7
Less: accumulated amortization	(20.5)		(19.8)
Other intangible assets, net	$	1,248.1	$	1,028.9

Goodwill and our franchise rights assets are tested for impairment annually as of April 30 or more frequently when events or changes in circumstances indicate that impairment may exist.

Under accounting standards, we chose to make a qualitative evaluation about the likelihood of goodwill impairment for

our annual impairment testing as of April 30, 2026, for our Domestic, Import, Premium Luxury, AutoNation Finance, and Collision Center reporting units and determined that it was not more likely than not that the fair values of these reporting units

were less than their carrying amounts. For our Mobile Service reporting unit, we elected to perform a quantitative goodwill

impairment test as of April 30, 2026, and no impairment charges resulted from this quantitative test.

We elected to perform quantitative franchise rights impairment tests as of April 30, 2026, and no impairment charges resulted from these quantitative tests.

See Note 15 of the Notes to Unaudited Condensed Consolidated Financial Statements for information about our annual impairment tests of goodwill and franchise rights.