v3.26.1
Unaudited Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
TOTAL REVENUE $ 6,929.8 $ 6,974.4 $ 13,481.9 $ 13,664.8
TOTAL COST OF SALES 5,698.7 5,699.0 11,039.7 11,169.5
TOTAL GROSS PROFIT 1,231.1 1,275.4 2,442.2 2,495.3
AUTONATION FINANCE INCOME 10.7 2.0 20.1 2.1
Selling, general, and administrative expenses 856.3 854.7 1,698.5 1,676.6
Depreciation and amortization 63.5 63.9 126.5 125.7
Goodwill impairment 0.0 65.3 0.0 65.3
Franchise rights impairment 0.0 71.7 0.0 71.7
Other expense, net 3.0 4.2 4.0 4.5
OPERATING INCOME 319.0 217.6 633.3 553.6
Non-operating income (expense) items:        
Floorplan interest expense (43.7) (45.3) (85.5) (91.8)
Other interest expense (49.9) (46.2) (97.9) (88.5)
Other income (loss), net 18.4 12.3 69.6 (0.9)
INCOME BEFORE INCOME TAXES 243.8 138.4 519.5 372.4
Income tax provision 61.7 52.0 132.0 110.5
NET INCOME $ 182.1 $ 86.4 $ 387.5 $ 261.9
BASIC EARNINGS PER SHARE:        
Earnings per share, basic (in dollars per share) $ 5.44 $ 2.29 $ 11.36 $ 6.82
Weighted average common shares outstanding (in shares) 33.5 37.8 34.1 38.4
DILUTED EARNINGS PER SHARE:        
Earnings per share, diluted (in dollars per share) $ 5.39 $ 2.26 $ 11.26 $ 6.73
Weighted average common shares outstanding (in shares) 33.8 38.3 34.4 38.9
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares) 33.1 37.7 33.1 37.7
New vehicle        
TOTAL REVENUE $ 3,292.7 $ 3,396.3 $ 6,303.7 $ 6,644.4
TOTAL COST OF SALES 3,142.1 3,212.9 6,008.6 6,286.1
TOTAL GROSS PROFIT 150.6 183.4 295.1 358.3
Used vehicle        
TOTAL REVENUE 2,011.4 1,985.0 3,975.2 3,907.4
TOTAL COST OF SALES 1,896.3 1,859.6 3,738.7 3,657.5
TOTAL GROSS PROFIT 115.1 125.4 236.5 249.9
Parts and service        
TOTAL REVENUE 1,263.0 1,221.1 2,483.9 2,385.1
TOTAL COST OF SALES 655.9 622.5 1,283.4 1,218.8
TOTAL GROSS PROFIT 607.1 598.6 1,200.5 1,166.3
Finance and insurance, net        
TOTAL REVENUE 357.6 367.7 709.6 720.2
TOTAL GROSS PROFIT 357.6 367.7 709.6 720.2
Other        
TOTAL REVENUE 5.1 4.3 9.5 7.7
TOTAL COST OF SALES 4.4 4.0 9.0 7.1
TOTAL GROSS PROFIT $ 0.7 $ 0.3 $ 0.5 $ 0.6