v3.26.1
Segment Information (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Reportable Segment Information
The following tables provide segment revenues and segment expenses that align with the segment-level information that is regularly provided to our CODM:
Three Months Ended June 30, 2026
Domestic
Import
Premium Luxury
AutoNation Finance
Total
Revenues from external customers:(1)
Franchised dealerships
$1,793.1 $2,233.1 $2,579.7 $6,605.9 
Corporate and other
323.9 
Total consolidated revenues 6,929.8 
Less segment expenses:
Cost of sales:
New vehicle
868.1 1,113.4 1,160.5 
Used vehicle
476.9 542.3 730.9 
Parts and service
155.7 185.9 226.4 
Other
0.3 4.1 0.2 
Total cost of sales
1,501.0 1,845.7 2,118.0 
Selling, general and administrative expenses:
Compensation
123.6 156.8 167.1 
Advertising
18.9 27.2 18.8 
Store overhead
45.1 56.7 79.7 
Total selling, general, and administrative expenses
187.6 240.7 265.6 
Depreciation and amortization11.4 14.4 21.7 
Floorplan interest expense
16.2 8.8 17.3 
Other expense, net(2)
2.9 — 0.2 
Franchised dealerships - segment income
$74.0 $123.5 $156.9 354.4 
AutoNation Finance:
Interest and fee income
$68.6 
Interest expense
(27.1)
Provision for credit losses
(20.1)
Direct expenses(3)
(10.7)
AutoNation Finance income
$10.7 10.7 
Corporate and other
(89.8)
Other interest expense
(49.9)
Other income (loss), net18.4 
Income before income taxes
$243.8 
(1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment.
(2) Other expense, net includes asset impairments net of gains on asset dispositions.
(3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company.
Three Months Ended June 30, 2025
Domestic
Import
Premium Luxury
AutoNation Finance
Total
Revenues from external customers:(1)
Franchised dealerships
$1,920.5 $2,148.3 $2,555.8 $6,624.6 
Corporate and other
349.8 
Total consolidated revenues6,974.4 
Less segment expenses:
Cost of sales:
New vehicle
952.7 1,067.8 1,192.4 
Used vehicle
498.5 513.5 679.8 
Parts and service
154.2 171.6 205.9 
Other
0.1 3.9 0.2 
Total cost of sales
1,605.5 1,756.8 2,078.3 
Selling, general and administrative expenses:
Compensation
132.5 157.4 168.2 
Advertising
16.7 23.3 15.2 
Store overhead
45.5 55.1 76.2 
Total selling, general, and administrative expenses
194.7 235.8 259.6 
Depreciation and amortization11.5 12.8 20.1 
Floorplan interest expense
16.8 9.5 17.7 
Franchised dealerships - segment income
$92.0 $133.4 $180.1 405.5 
AutoNation Finance:
Interest and fee income
$48.6 
Interest expense
(17.8)
Provision for credit losses
(19.2)
Direct expenses(2)
(9.6)
AutoNation Finance income
$2.0 2.0 
Corporate and other
(235.2)
Other interest expense
(46.2)
Other income (loss), net
12.3 
Income before income taxes
$138.4 
(1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment.
(2) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company.
Six Months Ended June 30, 2026
Domestic
Import
Premium Luxury
AutoNation Finance
Total
Revenues from external customers:(1)
Franchised dealerships
$3,509.7 $4,281.2 $5,021.2 $12,812.1 
Corporate and other
669.8 
Total consolidated revenues 13,481.9 
Less segment expenses:
Cost of sales:
New vehicle
1,672.7 2,099.8 2,236.1 
Used vehicle
948.4 1,059.1 1,426.0 
Parts and service
302.8 359.7 441.6 
Other
0.7 7.8 0.5 
Total cost of sales
2,924.6 3,526.4 4,104.2 
Selling, general and administrative expenses:
Compensation
245.7 306.1 329.7 
Advertising
37.0 53.5 36.8 
Store overhead
93.1 112.6 161.9 
Total selling, general, and administrative expenses
375.8 472.2 528.4 
Depreciation and amortization22.6 28.0 43.0 
Floorplan interest expense
31.7 17.3 33.7 
Other expense, net(2)
2.9 — 0.2 
Franchised dealerships - segment income
$152.1 $237.3 $311.7 701.1 
AutoNation Finance:
Interest and fee income
$131.3 
Interest expense
(51.5)
Provision for credit losses
(39.6)
Direct expenses(3)
(20.1)
AutoNation Finance income
$20.1 20.1 
Corporate and other
(173.4)
Other interest expense
(97.9)
Other income (loss), net69.6 
Income before income taxes
$519.5 
(1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment.
(2) Other expense, net includes asset impairments net of gains on asset dispositions.
(3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company.
Six Months Ended June 30, 2025
Domestic
Import
Premium Luxury
AutoNation Finance
Total
Revenues from external customers:(1)
Franchised dealerships
$3,637.9 $4,195.6 $5,132.3 $12,965.8 
Corporate and other
699.0 
Total consolidated revenues 13,664.8 
Less segment expenses:
Cost of sales:
New vehicle
1,787.4 2,072.6 2,426.1 
Used vehicle
957.5 1,023.6 1,348.8 
Parts and service
299.5 330.8 405.3 
Other
— 6.7 0.1 
Total cost of sales
3,044.4 3,433.7 4,180.3 
Selling, general and administrative expenses:
Compensation
252.3 305.8 333.9 
Advertising
33.4 44.9 31.0 
Store overhead
90.9 108.6 151.7 
Total selling, general, and administrative expenses
376.6 459.3 516.6 
Depreciation and amortization22.5 24.8 40.0 
Floorplan interest expense
33.4 18.2 36.7 
Other income(2)
— — (0.1)
Franchised dealerships - segment income
$161.0 $259.6 $358.8 779.4 
AutoNation Finance:
Interest and fee income
$90.5 
Interest expense
(31.7)
Provision for credit losses
(38.1)
Direct expenses(3)
(18.6)
AutoNation Finance income
$2.1 2.1 
Corporate and other
(319.7)
Other interest expense
(88.5)
Other income (loss), net(0.9)
Income before income taxes
$372.4 
(1) See Note 2 of the Notes to Unaudited Condensed Consolidated Financial Statements for detail of revenue by segment.
(2) Other income includes net gains on asset dispositions.
(3) Direct expenses are comprised primarily of compensation expense and loan administration costs incurred by our auto finance company.
The following table provides information about segment assets:
Segment Assets(1)
June 30, 2026December 31, 2025
Domestic
$2,386.2 $2,360.0 
Import
$2,261.0 $2,209.3 
Premium Luxury
$3,903.9 $3,611.2 
AutoNation Finance
$2,686.9 $2,185.7 
(1) Excludes capital expenditures for active construction projects, which are reflected in segment assets upon completion of the related project.