<span item_type="fundamental" item_id="c12227d3ed05026c3d63a72ee2ad003f" counter_id="ST/US/ABG" env="prod"></span><span item_type="announcement" item_id="612738089331200001" env="prod"></span><p>Revenue: As of FY2025 Q4, the actual value is USD 4.677 B, missing the estimate of USD 4.905 B.</p><p>EPS: As of FY2025 Q4, the actual value is USD 3.1, missing the estimate of USD 6.8067.</p><p>EBIT: As of FY2025 Q4, the actual value is USD 204.4 M.</p><p></p><h3>Fourth Quarter 2025 Financial and Operational Highlights</h3><h4>Gross Profit and Margins</h4><p>Record fourth quarter gross profit for Asbury Automotive Group, Inc. reached $793 million, marking a 6% growth. New vehicle gross profit was $157.9 million, an -8% decrease from the prior year. Used vehicle retail gross profit increased by 16% to $59.4 million. Parts and service gross profit was $385.9 million, up 13%. Finance and insurance, net gross profit increased by 2% to $189.0 million. Total gross profit margin increased by 31 basis points to 17.0%. New vehicle gross margin was 6.3%, a decrease of -75 basis points. Used vehicle retail gross margin improved by 67 basis points to 5.3%. Parts and service gross margin increased by 102 basis points to 58.6%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Net Income and Operating Profit</h4><p>Net income for the fourth quarter of 2025 was $60 million, a -53% decrease from $129 million in the fourth quarter of 2024. Adjusted net income was $129 million, a -10% decrease from $143 million in the prior year quarter. Income from operations was $126.4 million, a -47% decrease year-over-year. Operating margin was 2.7%, while adjusted operating margin was 5.4%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Operating Costs</h4><p>Selling, general and administrative (SG&amp;A) expenses were $528.7 million, an 11% increase from $476.9 million in Q4 2024. SG&amp;A as a percentage of gross profit was 66.7%, and adjusted SG&amp;A as a percentage of gross profit was 65.3%. Asset impairments were $115.0 million, compared to $14.1 million in Q4 2024. Floor plan interest expense increased by 8% to $25.6 million, and other interest expense, net, increased by 18% to $52.4 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Unit Sales and Average Gross Profit Per Unit</h4><p>Total new vehicle unit sales were 47,201, remaining flat year-over-year, while luxury new vehicle units increased by 12% to 11,888. Used vehicle retail units decreased by -4% to 33,782. Average gross profit per new vehicle was $3,344, an -8% decrease. Average gross profit per used vehicle retail was $1,758, a 21% increase. Finance and insurance (F&amp;I) per vehicle retailed (PVR) was $2,334, a 4% increase.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Same Store Performance (Fourth Quarter 2025 vs. 2024)</h4><p>Same store gross profit decreased by -5% to $683 million. Same store Used Retail GPU (Gross Profit Per Unit) was $1,749, an 18% growth. Same store Used Retail Gross Profit increased by 4% to $51 million. Same store F&amp;I PVR was $2,335. Same store Parts and service gross profit also increased by 2%. Same store SG&amp;A as a percentage of gross profit was 65.5%, and adjusted same store SG&amp;A as a percentage of gross profit was 64.1%.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Segment Performance (Fourth Quarter 2025 vs. 2024)</h4><ul><li><strong>Dealerships Segment</strong>: Segment operating income was $204.2 million in Q4 2025, compared to $210.5 million in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></li><li><strong>Total Care Auto (TCA) Segment</strong>: Segment operating income was $20.6 million in Q4 2025, compared to $17.4 million in Q4 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></li></ul><h3>Full Year 2025 Financial and Operational Highlights</h3><h4>Net Income</h4><p>Net income for the full year 2025 was $492 million, a 14% increase from $430.3 million in the prior year. Adjusted net income for 2025 was $550 million, compared to $545 million in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Cash Flow and Liquidity</h4><p>Adjusted operating cash flow for the full year was $651 million. As of December 31, 2025, Asbury Automotive Group, Inc. had cash and floorplan offset accounts totaling $180 million, excluding $12 million of cash at Total Care Auto, Powered by Asbury. Total liquidity, including availability under the used vehicle floorplan line and revolver, was $927 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Leverage and Capital Expenditures</h4><p>The company’s transaction adjusted net leverage ratio was 3.2x at quarter end. Capital expenditures amounted to $186 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Share Repurchases</h4><p>During the fourth quarter of 2025, Asbury Automotive Group, Inc. repurchased approximately 212,000 shares for $50 million. For the full year 2025, the company repurchased approximately 433,000 shares for $100 million. As of December 31, 2025, $176 million remained on its share repurchase authorization.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Segment Performance (Full Year 2025 vs. 2024)</h4><ul><li><strong>Dealerships Segment</strong>: Segment operating income was $858.6 million in 2025, compared to $816.7 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></li><li><strong>Total Care Auto (TCA) Segment</strong>: Segment operating income was $79.8 million in 2025, compared to $72.8 million in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></li></ul><h4>Other Metrics</h4><p>Transaction adjusted EBITDA for the full year 2025 was $1.1 billion. The company continued its transition to Tekion, with implementation across 15 additional stores. Four stores were divested during Q4 2025, contributing an estimated annualized revenue of $150 million.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p><h4>Outlook / Guidance</h4><p>No explicit outlook or guidance for future periods was provided in the reference material beyond the historical performance and ongoing strategic initiatives like the Tekion transition and share repurchases.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1144980/000114498026000007/a2025q4ex991.htm"></span></p>

Asbury Automotive | 8-K: FY2025 Q4 Revenue Misses Estimate at USD 4.677 B