AutoNation (AN) Financials

$186.57 +1.90 (+1.03%)

Closing price 03:59 PM Eastern

Extended Trading

$186.47 -0.10 (-0.06%)

As of 07:58 PM Eastern

Annual Income Statements for AutoNation

This table shows AutoNation's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	443	431	435	396	450	382	1,373	1,415	1,021	692	649
Consolidated Net Income / (Loss)	443	431	435	396	450	382	1,373	1,377	1,021	692	649
Net Income / (Loss) Continuing Operations	444	432	435	396	451	382	1,373	1,378	1,020	692	649
Total Pre-Tax Income	723	702	637	529	613	550	1,808	1,834	1,350	917	885
Total Operating Income	873	890	843	778	824	563	1,903	2,025	1,652	1,306	1,240
Total Gross Profit	3,262	3,313	3,359	3,397	3,523	3,566	4,953	5,265	5,132	4,785	4,949
Total Revenue	20,862	21,609	21,535	21,413	21,336	20,390	25,844	26,947	26,935	26,756	27,641
Operating Revenue	20,862	21,609	21,535	21,413	21,336	20,390	25,844	26,947	26,935	26,756	27,641
Total Cost of Revenue	17,601	18,296	18,176	18,016	17,813	16,824	20,891	21,720	21,817	21,980	22,683
Operating Cost of Revenue	17,601	18,296	18,176	18,016	17,813	16,824	20,891	21,720	21,817	21,980	22,683
Total Operating Expenses	2,388	2,424	2,516	2,619	2,699	3,003	3,050	3,203	3,466	3,471	3,718
Selling, General & Admin Expense	2,264	2,349	2,436	2,510	2,559	2,422	2,876	3,026	3,253	3,264	3,362
Depreciation Expense	127	143	159	166	181	199	193	200	221	241	251
Other Operating Expenses / (Income)	-18	-69	-79	-65	-49	6.50	-20	-23	-8.00	-47	-54
Impairment Charge	15	0.00	0.00	8.10	9.60	376	-	0.00	0.00	13	159
Total Other Income / (Expense), net	-150	-187	-207	-249	-211	-13	-94	-191	-302	-389	-355
Interest Expense	149	192	217	250	245	158	119	176	326	399	369
Other Income / (Expense), net	-1.30	3.70	9.30	0.20	34	144	24	-15	24	9.80	13
Income Tax Expense	279	271	202	134	162	168	435	456	330	225	235
Net Income / (Loss) Discontinued Operations	-1.10	-1.20	-0.40	0.10	-0.80	-0.20	-0.30	-0.30	0.90	0.00	0.00
Basic Earnings per Share	$3.93	$4.18	$4.44	$4.36	$4.99	$4.32	$18.50	$24.47	$22.89	$17.09	$17.26
Weighted Average Basic Shares Outstanding	112.70M	103.10M	97.80M	90.90M	90.10M	88.30M	74.20M	56.30M	44.60M	40.50M	37.60M
Diluted Earnings per Share	$3.89	$4.15	$4.43	$4.34	$4.97	$4.30	$18.31	$24.29	$22.74	$16.92	$17.04
Weighted Average Diluted Shares Outstanding	113.90M	103.80M	98.20M	91.30M	90.50M	88.70M	75M	56.70M	44.90M	40.90M	38.10M
Weighted Average Basic & Diluted Shares Outstanding	112.60M	103M	97.90M	90.80M	89.47M	82.23M	61.67M	46.90M	41.66M	39.06M	34.71M

This table shows AutoNation's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	244	216	195	130	186	186	176	86	215	172	205
Consolidated Net Income / (Loss)	244	216	190	130	186	186	176	86	215	172	205
Net Income / (Loss) Continuing Operations	244	216	195	130	186	186	176	86	215	172	205
Total Pre-Tax Income	327	278	253	174	247	242	234	138	288	225	276
Total Operating Income	420	350	340	275	351	340	336	218	372	314	314
Total Gross Profit	1,295	1,215	1,198	1,163	1,177	1,242	1,220	1,275	1,238	1,215	1,221
Total Revenue	6,893	6,767	6,486	6,481	6,580	7,204	6,691	6,976	7,039	6,935	6,562
Operating Revenue	6,893	6,767	6,486	6,481	6,580	7,204	6,691	6,976	7,039	6,935	6,562
Total Cost of Revenue	5,598	5,552	5,288	5,317	5,403	5,972	5,471	5,699	5,799	5,714	5,341
Operating Cost of Revenue	5,598	5,552	5,288	5,317	5,403	5,972	5,471	5,699	5,799	5,714	5,341
Total Operating Expenses	875	851	853	889	826	893	884	1,060	868	907	906
Selling, General & Admin Expense	819	808	793	826	811	834	822	855	850	836	842
Depreciation Expense	56	57	58	60	61	61	62	64	64	62	63
Other Operating Expenses / (Income)	0.10	-14	1.20	3.10	-47	-15	0.30	4.20	-47	-12	1.00
Total Other Income / (Expense), net	-92	-72	-87	-101	-103	-98	-102	-79	-85	-89	-39
Interest Expense	87	92	94	101	105	99	89	92	93	96	90
Other Income / (Expense), net	-5.00	20	7.00	-0.10	2.10	0.80	-13	12	7.80	6.50	51
Income Tax Expense	84	62	63	44	62	56	59	52	73	52	70
Basic Earnings per Share	$5.59	$5.12	$4.53	$3.22	$4.66	$4.68	$4.50	$2.29	$5.72	$4.75	$5.92
Weighted Average Basic Shares Outstanding	43.60M	44.60M	42M	40.40M	39.90M	40.50M	39M	37.80M	37.60M	37.60M	34.70M
Diluted Earnings per Share	$5.54	$5.11	$4.49	$3.20	$4.61	$4.62	$4.45	$2.26	$5.65	$4.68	$5.85
Weighted Average Diluted Shares Outstanding	44M	44.90M	42.30M	40.70M	40.30M	40.90M	39.40M	38.30M	38.10M	38.10M	35.10M
Weighted Average Basic & Diluted Shares Outstanding	42.52M	41.66M	40.27M	39.68M	39.65M	39.06M	37.70M	37.71M	36.47M	34.71M	33.46M

This table details how cash moves in and out of AutoNation's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	-1.30	-13	5.70	-22	-6.90	527	-509	35	-18	26	-18
Net Cash From Operating Activities	507	516	540	511	769	1,208	1,628	1,668	724	315	112
Net Cash From Continuing Operating Activities	508	517	540	510	769	1,208	1,628	1,668	724	315	112
Net Income / (Loss) Continuing Operations	444	432	435	396	451	382	1,373	1,378	1,020	692	649
Consolidated Net Income / (Loss)	443	431	435	396	450	382	1,373	1,377	1,021	692	649
Net Income / (Loss) Discontinued Operations	1.10	-1.20	0.40	-0.10	-0.80	-0.20	-0.30	-0.30	0.90	0.00	0.00
Depreciation Expense	127	143	159	166	181	199	193	200	221	241	251
Amortization Expense	4.70	5.40	5.60	5.40	5.20	4.70	4.90	7.20	9.60	8.90	8.60
Non-Cash Adjustments To Reconcile Net Income	5.10	-35	-56	-20	-35	283	8.60	58	70	60	322
Changes in Operating Assets and Liabilities, net	-73	-29	-3.10	-37	167	340	48	26	-596	-687	-1,119
Net Cash From Discontinued Operating Activities	-1.00	-1.30	-0.30	0.60	0.00	0.00	-0.30	-0.30	-0.30	0.00	0.00
Net Cash From Investing Activities	-509	-493	-227	-295	-116	-74	-460	-479	-570	12	-687
Net Cash From Continuing Investing Activities	-509	-493	-227	-295	-116	-74	-460	-479	-570	12	-687
Purchase of Property, Plant & Equipment	-258	-250	-313	-401	-269	-156	-216	-329	-410	-329	-309
Acquisitions	-322	-410	-77	-67	-4.70	-0.40	-433	-192	-271	0.00	-459
Purchase of Investments	-	0.00	0.00	-50	0.00	-50	-5.50	-56	-111	0.00	0.00
Sale of Property, Plant & Equipment	33	14	59	21	38	16	37	-	7.90	3.80	44
Divestitures	44	150	105	173	116	9.00	49	55	23	156	16
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	105	109	0.00	69	96	0.00
Other Investing Activities, net	-7.40	3.00	-0.40	28	4.60	1.90	-1.60	42	123	85	22
Net Cash From Discontinued Investing Activities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash From Financing Activities	0.90	-36	-307	-237	-660	-607	-1,677	-1,154	-173	-301	558
Net Cash From Continuing Financing Activities	0.90	-36	-307	-237	-660	-607	-1,677	-1,154	-173	-301	558
Repayment of Debt	-2,554	-1,357	-2,098	-418	-31	-1,488	-319	-55	-412	-1,412	-1,899
Repurchase of Common Equity	-237	-512	-435	-100	-45	-367	-2,318	-1,700	-874	-460	-792
Issuance of Debt	2,758	1,673	2,056	300	-460	1,437	1,188	450	714	1,703	3,207
Other Financing Activities, net	35	161	169	-19	-125	-189	-227	151	400	-132	42
Net Cash From Discontinued Financing Activities	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Interest Paid	-	-	-	-	-	-	-	-	0.00	0.00	0.00

This table details how cash moves in and out of AutoNation's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-6.90	-1.40	4.10	29	-11	5.00	26	-32	29	-40	40
Net Cash From Operating Activities	256	-39	295	-60	-70	150	-53	-178	192	151	22
Net Cash From Continuing Operating Activities	256	-39	295	-60	-70	150	-53	-178	192	151	22
Net Income / (Loss) Continuing Operations	244	216	190	130	186	186	176	86	215	172	205
Consolidated Net Income / (Loss)	244	216	190	130	186	186	176	86	215	172	205
Depreciation Expense	56	57	58	60	61	61	62	64	64	62	63
Amortization Expense	2.20	2.60	2.30	2.30	2.40	1.90	2.00	2.00	2.30	2.30	2.80
Non-Cash Adjustments To Reconcile Net Income	16	5.00	25	18	-13	30	46	168	30	79	-16
Changes in Operating Assets and Liabilities, net	-62	-320	18	-270	-306	-130	-338	-498	-120	-164	-233
Net Cash From Investing Activities	-9.50	-73	-69	-67	104	44	-136	-74	-319	-157	-49
Net Cash From Continuing Investing Activities	-9.50	-73	-69	-67	104	44	-136	-74	-319	-157	-49
Purchase of Property, Plant & Equipment	-87	-124	-94	-88	-81	-66	-75	-79	-69	-86	-56
Acquisitions	-2.20	-0.30	0.00	-	-	-	-70	-	-279	-111	0.00
Purchase of Investments	-19	-	-	-	-	-	0.00	-	-	-	-12
Divestitures	-	23	-	-	-	-	0.00	-	-	-	13
Other Investing Activities, net	30	29	24	20	29	15	8.70	4.60	13	-3.90	6.30
Net Cash From Financing Activities	-253	110	-221	155	-46	-189	215	220	156	-33	67
Net Cash From Continuing Financing Activities	-253	110	-221	155	-46	-189	215	220	156	-33	67
Repayment of Debt	-115	-164	-286	-271	-245	-765	-161	-256	-835	-357	-867
Repurchase of Common Equity	-200	-151	-39	-311	-5.60	-104	-221	-33	-176	-362	-301
Issuance of Debt	-27	262	214	549	324	772	617	425	1,176	699	1,222
Other Financing Activities, net	89	163	-111	188	-119	-91	-21	84	-8.60	-14	13

This table presents AutoNation's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	9,548	10,060	10,272	10,665	10,543	9,887	8,944	10,060	11,980	13,002	14,392
Total Current Assets	4,710	4,715	4,798	4,884	4,411	4,153	2,812	3,138	4,307	4,698	4,648
Cash & Equivalents	74	65	69	49	42	570	60	73	61	60	59
Accounts Receivable	908	1,033	1,111	976	917	845	730	859	1,040	1,066	948
Inventories, net	3,612	3,520	3,366	3,651	3,306	2,599	1,848	2,048	3,033	3,360	3,405
Other Current Assets	115	97	252	209	147	139	173	158	172	212	236
Plant, Property, & Equipment, net	2,667	2,843	2,963	3,155	3,175	3,138	3,420	3,607	3,792	3,792	3,956
Total Noncurrent Assets	2,171	2,502	2,511	2,626	2,958	2,596	2,712	3,315	3,882	4,512	5,788
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	0.00	303	402	1,057	2,140
Goodwill	1,395	1,511	1,515	1,513	1,502	1,185	1,235	1,320	1,466	1,453	1,409
Intangible Assets	440	598	587	595	582	522	744	837	928	906	1,029
Other Noncurrent Operating Assets	337	393	410	517	874	890	734	854	1,086	1,096	1,210
Total Liabilities & Shareholders' Equity	9,548	10,060	10,272	10,665	10,543	9,887	8,944	10,060	11,980	13,002	14,392
Total Liabilities	7,199	7,750	7,902	7,949	7,381	6,652	6,567	8,012	9,769	10,544	12,051
Total Current Liabilities	5,167	5,829	5,636	5,658	5,100	4,166	3,060	3,406	5,583	6,312	5,541
Short-Term Debt	611	1,110	745	674	526	309	352	73	911	1,177	339
Accounts Payable	300	304	310	306	290	335	396	328	345	377	370
Other Current Liabilities	4,256	4,416	4,581	4,678	4,106	3,296	2,032	2,767	4,327	4,759	4,832
Total Noncurrent Liabilities	2,032	1,921	2,267	2,291	2,281	2,486	3,507	4,606	4,186	4,232	6,511
Long-Term Debt	1,745	1,611	1,959	1,926	1,579	1,793	2,846	3,587	3,128	2,614	5,586
Noncurrent Deferred & Payable Income Tax Liabilities	79	92	72	90	135	96	78	77	85	83	94
Other Noncurrent Operating Liabilities	208	218	235	275	567	597	582	943	973	1,536	831
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,349	2,310	2,369	2,716	3,162	3,236	2,377	2,048	2,211	2,457	2,341
Total Preferred & Common Equity	2,349	2,310	2,369	2,716	3,162	3,236	2,377	2,048	2,211	2,457	2,341
Total Common Equity	2,349	2,310	2,369	2,716	3,162	3,236	2,377	2,048	2,211	2,457	2,341
Common Stock	6.40	19	5.00	22	37	54	4.00	3.70	23	21	33
Retained Earnings	2,703	3,133	2,832	3,238	3,688	4,069	4,640	3,664	4,643	5,332	5,976
Other Equity Adjustments	-	-	-	-	-	-	-	-	-	-2,895	-3,668

This table presents AutoNation's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	9,415	10,361	11,080	11,241	12,041	12,829	12,907	13,326	13,571	14,201	14,623
Total Current Assets	3,075	3,153	3,640	3,773	4,242	4,851	4,750	4,549	4,621	4,688	4,580
Cash & Equivalents	443	58	64	64	60	86	60	71	63	98	66
Accounts Receivable	649	743	842	877	880	855	924	1,023	868	880	829
Inventories, net	1,851	2,196	2,573	2,646	3,003	3,554	3,531	3,232	3,446	3,489	3,444
Other Current Assets	131	156	161	186	299	357	235	224	245	221	241
Plant, Property, & Equipment, net	3,499	3,656	3,713	3,724	3,774	3,781	3,781	3,795	3,797	3,929	3,950
Total Noncurrent Assets	2,841	3,552	3,726	3,744	4,025	4,197	4,376	4,981	5,153	5,583	6,093
Noncurrent Note & Lease Receivables	-	327	346	320	518	709	892	1,398	1,702	1,954	2,371
Goodwill	1,233	1,450	1,461	1,456	1,455	1,449	1,448	1,453	1,386	1,400	1,407
Intangible Assets	742	880	936	932	926	924	923	966	893	1,007	1,029
Other Noncurrent Operating Assets	865	894	984	1,037	1,127	1,113	1,114	1,164	1,172	1,223	1,286
Total Liabilities & Shareholders' Equity	9,415	10,361	11,080	11,241	12,041	12,829	12,907	13,326	13,571	14,201	14,623
Total Liabilities	7,160	8,341	8,988	9,099	9,682	10,645	10,535	10,922	11,102	11,689	12,396
Total Current Liabilities	2,935	3,781	4,407	4,532	5,384	6,217	5,960	5,881	5,693	5,909	5,626
Short-Term Debt	12	310	488	370	759	905	839	900	698	727	472
Accounts Payable	344	347	391	342	347	339	299	332	340	352	377
Other Current Liabilities	2,284	2,896	3,271	3,538	4,279	4,973	4,823	4,650	4,656	4,528	4,777
Total Noncurrent Liabilities	4,225	4,560	4,581	4,567	4,297	4,428	4,575	5,041	5,408	5,780	6,770
Long-Term Debt	3,533	3,585	3,583	3,580	3,126	3,124	3,121	3,105	4,532	4,848	5,829
Noncurrent Deferred & Payable Income Tax Liabilities	84	58	58	60	86	90	88	86	67	98	113
Other Noncurrent Operating Liabilities	608	917	940	927	1,085	1,215	1,366	1,851	810	834	828
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,255	2,020	2,092	2,142	2,360	2,183	2,371	2,403	2,470	2,512	2,227
Total Preferred & Common Equity	2,255	2,020	2,092	2,142	2,360	2,183	2,371	2,403	2,470	2,512	2,227
Total Common Equity	2,255	2,020	2,092	2,142	2,360	2,183	2,371	2,403	2,470	2,512	2,227
Common Stock	10	3.60	12	19	2.60	9.40	17	3.90	13	22	7.60
Retained Earnings	5,673	3,911	4,183	4,427	4,830	4,960	5,146	5,503	5,589	5,804	6,171
Treasury Stock	-3,428	-1,894	-2,103	-2,304	-2,473	-2,786	-2,792	-3,103	-	-3,314	-3,952

This table displays calculated financial ratios and metrics derived from AutoNation's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	9.17%	3.58%	-0.34%	-0.57%	-0.36%	-4.43%	26.75%	4.27%	0.01%	-0.72%	3.31%
EBITDA Growth	7.22%	3.80%	-2.41%	-6.61%	9.87%	-12.67%	133.24%	4.33%	-14.02%	-17.91%	-3.30%
EBIT Growth	5.84%	2.45%	-4.53%	-8.75%	10.23%	-17.50%	172.34%	4.29%	-16.59%	-21.54%	-4.71%
NOPAT Growth	6.14%	2.00%	5.42%	0.93%	4.18%	-35.50%	269.66%	5.28%	-17.95%	-21.02%	-7.70%
Net Income Growth	5.71%	-2.73%	0.95%	-8.88%	13.64%	-15.20%	259.80%	0.32%	-25.87%	-32.21%	-6.23%
EPS Growth	10.51%	6.68%	6.75%	-2.03%	14.52%	-13.48%	325.81%	32.66%	-6.38%	-25.59%	0.71%
Operating Cash Flow Growth	4.56%	1.74%	4.67%	-5.39%	50.53%	56.99%	34.79%	2.48%	-56.60%	-56.53%	-64.44%
Free Cash Flow Firm Growth	-86.13%	621.42%	153.66%	-41.04%	104.57%	30.38%	-17.62%	100.72%	-50.47%	42.33%	-21.83%
Invested Capital Growth	12.28%	7.22%	0.76%	5.28%	-0.83%	-8.73%	15.67%	2.18%	9.84%	-0.03%	2.23%
Revenue Q/Q Growth	1.42%	0.66%	0.95%	-1.25%	0.65%	1.17%	3.18%	0.29%	0.26%	1.66%	-0.98%
EBITDA Q/Q Growth	-1.80%	3.77%	-0.05%	-3.71%	7.88%	-2.89%	16.58%	-4.31%	-3.02%	-1.65%	-1.25%
EBIT Q/Q Growth	-2.69%	4.09%	-0.55%	-4.66%	9.09%	-4.08%	18.58%	-4.86%	-3.74%	-2.19%	-1.56%
NOPAT Q/Q Growth	-3.12%	4.33%	10.37%	-9.16%	5.98%	15.23%	13.70%	-5.32%	-3.87%	-1.20%	-2.22%
Net Income Q/Q Growth	-4.16%	4.31%	9.03%	-12.89%	16.88%	-1.60%	20.71%	-6.81%	-6.43%	-4.17%	-2.11%
EPS Q/Q Growth	-3.23%	6.41%	11.87%	-11.61%	16.67%	-2.05%	26.71%	0.87%	-2.61%	-2.81%	0.35%
Operating Cash Flow Q/Q Growth	-0.06%	1.04%	9.29%	-17.34%	19.93%	-4.76%	1.57%	10.34%	-26.68%	149.17%	0.63%
Free Cash Flow Firm Q/Q Growth	19.10%	1,440.60%	24.17%	-38.01%	34.50%	82.69%	-50.26%	15.33%	10.53%	30.86%	198.11%
Invested Capital Q/Q Growth	5.12%	1.01%	-0.02%	2.63%	0.05%	-6.46%	11.08%	5.20%	2.69%	-1.32%	-20.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	15.63%	15.33%	15.60%	15.87%	16.51%	17.49%	19.16%	19.54%	19.04%	17.89%	17.90%
EBITDA Margin	4.81%	4.82%	4.72%	4.44%	4.89%	4.47%	8.22%	8.23%	7.07%	5.85%	5.47%
Operating Margin	4.19%	4.12%	3.92%	3.63%	3.86%	2.76%	7.36%	7.51%	6.13%	4.88%	4.49%
EBIT Margin	4.18%	4.13%	3.96%	3.63%	4.02%	3.47%	7.46%	7.46%	6.22%	4.92%	4.53%
Profit (Net Income) Margin	2.12%	1.99%	2.02%	1.85%	2.11%	1.87%	5.31%	5.11%	3.79%	2.59%	2.35%
Tax Burden Percent	61.24%	61.30%	68.28%	74.80%	73.46%	69.37%	75.92%	75.12%	75.63%	75.51%	73.39%
Interest Burden Percent	82.90%	78.63%	74.65%	68.04%	71.42%	77.74%	93.84%	91.23%	80.55%	69.70%	70.57%
Effective Tax Rate	38.61%	38.53%	31.66%	25.22%	26.41%	30.59%	24.06%	24.86%	24.44%	24.49%	26.61%
Return on Invested Capital (ROIC)	12.24%	11.39%	11.56%	11.33%	11.55%	7.82%	28.10%	27.29%	21.11%	15.93%	14.54%
ROIC Less NNEP Spread (ROIC-NNEP)	7.93%	6.68%	6.20%	4.16%	4.79%	7.31%	25.02%	23.01%	15.11%	8.31%	7.78%
Return on Net Nonoperating Assets (RNNOA)	7.78%	7.08%	7.01%	4.25%	3.76%	4.11%	20.82%	34.97%	26.84%	13.72%	12.51%
Return on Equity (ROE)	20.02%	18.48%	18.57%	15.57%	15.31%	11.93%	48.92%	62.26%	47.95%	29.65%	27.05%
Cash Return on Invested Capital (CROIC)	0.67%	4.43%	10.81%	6.18%	12.39%	16.96%	13.57%	25.13%	11.74%	15.96%	12.34%
Operating Return on Assets (OROA)	9.71%	9.11%	8.39%	7.43%	8.09%	6.93%	20.47%	21.15%	15.21%	10.53%	9.15%
Return on Assets (ROA)	4.93%	4.39%	4.28%	3.78%	4.24%	3.74%	14.58%	14.50%	9.27%	5.54%	4.74%
Return on Common Equity (ROCE)	20.02%	18.48%	18.57%	15.57%	15.31%	11.93%	48.92%	62.26%	47.95%	29.65%	27.05%
Return on Equity Simple (ROE_SIMPLE)	18.84%	18.63%	18.34%	14.58%	14.23%	11.79%	57.76%	67.26%	46.17%	28.17%	0.00%
Net Operating Profit after Tax (NOPAT)	536	547	576	582	606	391	1,445	1,521	1,248	986	910
NOPAT Margin	2.57%	2.53%	2.68%	2.72%	2.84%	1.92%	5.59%	5.65%	4.63%	3.68%	3.29%
Net Nonoperating Expense Percent (NNEP)	4.31%	4.71%	5.36%	7.16%	6.77%	0.52%	3.08%	4.28%	6.00%	7.62%	6.76%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	26.65%	19.97%	15.78%	14.25%
Cost of Revenue to Revenue	84.37%	84.67%	84.40%	84.13%	83.49%	82.51%	80.84%	80.60%	80.96%	82.15%	82.06%
SG&A Expenses to Revenue	10.85%	10.87%	11.31%	11.72%	11.99%	11.88%	11.13%	11.23%	12.07%	12.20%	12.16%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.45%	11.22%	11.68%	12.23%	12.65%	14.73%	11.80%	11.89%	12.86%	12.97%	13.45%
Earnings before Interest and Taxes (EBIT)	872	893	853	778	858	708	1,927	2,010	1,676	1,315	1,253
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,004	1,042	1,017	950	1,043	911	2,125	2,217	1,906	1,565	1,513
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.88	2.13	1.98	1.18	1.37	1.90	3.22	2.60	2.89	2.74	3.22
Price to Tangible Book Value (P/TBV)	13.14	24.48	17.51	5.29	4.02	4.01	19.23	0.00	0.00	68.36	0.00
Price to Revenue (P/Rev)	0.32	0.23	0.22	0.15	0.20	0.30	0.30	0.20	0.24	0.25	0.27
Price to Earnings (P/E)	15.29	11.42	10.78	8.11	9.64	16.07	5.58	3.76	6.25	9.73	11.60
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	6.54%	8.76%	9.28%	12.34%	10.37%	6.22%	17.93%	26.60%	15.99%	10.28%	8.62%
Enterprise Value to Invested Capital (EV/IC)	1.95	1.52	1.46	1.09	1.23	1.61	1.96	1.58	1.67	1.69	1.82
Enterprise Value to Revenue (EV/Rev)	0.43	0.35	0.34	0.27	0.30	0.38	0.42	0.33	0.38	0.39	0.42
Enterprise Value to EBITDA (EV/EBITDA)	9.02	7.27	7.20	6.07	6.13	8.41	5.08	4.02	5.44	6.69	7.61
Enterprise Value to EBIT (EV/EBIT)	10.38	8.48	8.58	7.41	7.46	10.83	5.60	4.43	6.18	7.96	9.19
Enterprise Value to NOPAT (EV/NOPAT)	16.88	13.85	12.70	9.91	10.56	19.61	7.47	5.86	8.30	10.62	12.66
Enterprise Value to Operating Cash Flow (EV/OCF)	17.84	14.67	13.55	11.28	8.32	6.35	6.63	5.34	14.32	33.25	102.91
Enterprise Value to Free Cash Flow (EV/FCFF)	307.44	35.65	13.58	18.14	9.85	9.05	15.47	6.36	14.94	10.60	14.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.00	1.18	1.14	0.96	0.67	0.65	1.35	1.79	1.83	1.54	1.73
Long-Term Debt to Equity	0.74	0.70	0.83	0.71	0.50	0.55	1.20	1.75	1.41	1.06	1.58
Financial Leverage	0.98	1.06	1.13	1.02	0.78	0.56	0.83	1.52	1.78	1.65	1.61
Leverage Ratio	4.06	4.21	4.34	4.12	3.61	3.19	3.36	4.29	5.17	5.35	5.71
Compound Leverage Factor	3.37	3.31	3.24	2.80	2.58	2.48	3.15	3.92	4.17	3.73	4.03
Debt to Total Capital	50.08%	54.08%	53.30%	48.91%	39.95%	39.38%	57.37%	64.12%	64.62%	60.67%	63.33%
Short-Term Debt to Total Capital	12.99%	22.05%	14.68%	12.68%	9.98%	5.79%	6.32%	1.28%	14.58%	18.84%	5.30%
Long-Term Debt to Total Capital	37.09%	32.02%	38.62%	36.23%	29.97%	33.59%	51.05%	62.84%	50.04%	41.83%	58.03%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	49.92%	45.92%	46.70%	51.09%	60.05%	60.62%	42.63%	35.88%	35.38%	39.33%	36.67%
Debt to EBITDA	2.35	2.61	2.66	2.74	2.02	2.31	1.50	1.65	2.12	2.42	2.67
Net Debt to EBITDA	2.27	2.55	2.59	2.69	1.98	1.68	1.48	1.62	2.09	2.38	2.63
Long-Term Debt to EBITDA	1.74	1.55	1.93	2.03	1.51	1.97	1.34	1.62	1.64	1.67	2.45
Debt to NOPAT	4.40	4.98	4.69	4.47	3.47	5.38	2.21	2.41	3.24	3.85	4.44
Net Debt to NOPAT	4.26	4.86	4.57	4.39	3.40	3.92	2.17	2.36	3.19	3.78	4.38
Long-Term Debt to NOPAT	3.26	2.95	3.40	3.31	2.60	4.59	1.97	2.36	2.51	2.65	4.07
Altman Z-Score	3.39	3.12	3.01	2.83	3.06	3.43	4.99	4.21	3.52	3.20	3.09
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.91	0.81	0.85	0.86	0.86	1.00	0.92	0.92	0.77	0.74	0.84
Quick Ratio	0.19	0.19	0.21	0.18	0.19	0.34	0.26	0.27	0.20	0.18	0.18
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	29	212	539	318	650	847	698	1,401	694	988	772
Operating Cash Flow to CapEx	226.03%	218.64%	212.30%	134.58%	332.56%	865.04%	911.37%	507.02%	176.46%	95.80%	42.08%
Free Cash Flow to Firm to Interest Expense	0.20	1.11	2.48	1.27	2.65	5.38	5.88	7.95	2.13	2.48	2.09
Operating Cash Flow to Interest Expense	3.40	2.69	2.49	2.05	3.14	7.67	13.71	9.46	2.22	0.79	0.30
Operating Cash Flow Less CapEx to Interest Expense	1.90	1.46	1.32	0.53	2.19	6.78	12.21	7.60	0.96	-0.03	-0.42
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.32	2.20	2.12	2.05	2.01	2.00	2.74	2.84	2.45	2.14	2.02
Accounts Receivable Turnover	24.17	22.26	20.09	20.52	22.54	23.15	32.81	33.92	28.38	25.40	27.44
Inventory Turnover	5.41	5.13	5.28	5.14	5.12	5.70	9.40	11.15	8.59	6.88	6.71
Fixed Asset Turnover	8.20	7.84	7.42	7.00	6.74	6.46	7.88	7.67	7.28	7.06	7.14
Accounts Payable Turnover	62.35	60.62	59.25	58.49	59.72	53.79	57.15	60.04	64.90	60.95	60.77
Days Sales Outstanding (DSO)	15.10	16.39	18.17	17.79	16.19	15.77	11.12	10.76	12.86	14.37	13.30
Days Inventory Outstanding (DIO)	67.51	71.14	69.14	71.07	71.27	64.05	38.84	32.74	42.51	53.08	54.43
Days Payable Outstanding (DPO)	5.85	6.02	6.16	6.24	6.11	6.79	6.39	6.08	5.62	5.99	6.01
Cash Conversion Cycle (CCC)	76.76	81.52	81.15	82.62	81.35	73.03	43.58	37.42	49.75	61.47	61.72
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,632	4,966	5,004	5,268	5,224	4,768	5,515	5,635	6,190	6,188	6,326
Invested Capital Turnover	4.76	4.50	4.32	4.17	4.07	4.08	5.03	4.83	4.56	4.32	4.42
Increase / (Decrease) in Invested Capital	507	334	38	264	-44	-456	747	120	554	-1.80	138
Enterprise Value (EV)	9,050	7,572	7,318	5,762	6,400	7,664	10,796	8,907	10,364	10,464	11,515
Market Capitalization	6,768	4,916	4,684	3,210	4,338	6,132	7,658	5,319	6,386	6,734	7,531
Book Value per Share	$20.85	$22.86	$25.97	$30.20	$35.44	$36.83	$36.27	$41.31	$52.01	$61.98	$64.19
Tangible Book Value per Share	$4.57	$1.99	$2.93	$6.75	$12.09	$17.40	$6.08	($2.20)	($4.29)	$2.48	($2.66)
Total Capital	4,706	5,031	5,073	5,317	5,266	5,338	5,575	5,708	6,251	6,248	6,384
Total Debt	2,357	2,721	2,704	2,601	2,104	2,102	3,198	3,660	4,039	3,790	4,043
Total Long-Term Debt	1,745	1,611	1,959	1,926	1,579	1,793	2,846	3,587	3,128	2,614	3,705
Net Debt	2,282	2,656	2,635	2,552	2,062	1,532	3,138	3,588	3,978	3,731	3,985
Capital Expenditures (CapEx)	224	236	254	380	231	140	179	329	410	329	266
Debt-free, Cash-free Net Working Capital (DFCFNWC)	79	-70	-163	-148	-206	-274	44	-267	-425	-497	-613
Debt-free Net Working Capital (DFNWC)	154	-4.90	-94	-100	-164	296	104	-194	-364	-437	-554
Net Working Capital (NWC)	-458	-1,114	-838	-774	-689	-13	-248	-268	-1,276	-1,614	-893
Net Nonoperating Expense (NNE)	93	116	142	186	156	9.29	72	144	227	294	261
Net Nonoperating Obligations (NNO)	2,282	2,656	2,635	2,552	2,062	1,532	3,138	3,588	3,978	3,731	3,985
Total Depreciation and Amortization (D&A)	132	149	164	172	186	204	198	208	230	250	260
Debt-free, Cash-free Net Working Capital to Revenue	0.38%	-0.32%	-0.76%	-0.69%	-0.96%	-1.34%	0.17%	-0.99%	-1.58%	-1.86%	-2.22%
Debt-free Net Working Capital to Revenue	0.74%	-0.02%	-0.44%	-0.47%	-0.77%	1.45%	0.40%	-0.72%	-1.35%	-1.63%	-2.01%
Net Working Capital to Revenue	-2.19%	-5.16%	-3.89%	-3.62%	-3.23%	-0.06%	-0.96%	-0.99%	-4.73%	-6.03%	-3.23%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.93	$4.18	$4.44	$4.36	$4.99	$4.32	$18.50	$24.47	$22.89	$17.09	$17.26
Adjusted Weighted Average Basic Shares Outstanding	112.70M	103.10M	97.80M	90.90M	90.10M	88.30M	74.20M	56.30M	44.60M	40.50M	37.60M
Adjusted Diluted Earnings per Share	$3.89	$4.15	$4.43	$4.34	$4.97	$4.30	$18.31	$24.29	$22.74	$16.92	$17.04
Adjusted Weighted Average Diluted Shares Outstanding	113.90M	103.80M	98.20M	91.30M	90.50M	88.70M	75M	56.70M	44.90M	40.90M	38.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	107.22M	100.91M	91.82M	90.06M	89.47M	82.23M	61.67M	46.90M	41.66M	39.06M	34.71M
Normalized Net Operating Profit after Tax (NOPAT)	545	547	576	588	613	652	1,445	1,521	1,248	995	1,027
Normalized NOPAT Margin	2.61%	2.53%	2.68%	2.75%	2.87%	3.20%	5.59%	5.65%	4.63%	3.72%	3.71%
Pre Tax Income Margin	3.46%	3.25%	2.96%	2.47%	2.87%	2.70%	7.00%	6.80%	5.01%	3.43%	3.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.84	4.65	3.93	3.11	3.50	4.49	16.24	11.40	5.14	3.30	3.40
NOPAT to Interest Expense	3.59	2.85	2.65	2.33	2.47	2.48	12.17	8.63	3.83	2.47	2.47
EBIT Less CapEx to Interest Expense	4.34	3.42	2.75	1.59	2.56	3.61	14.73	9.53	3.88	2.48	2.68
NOPAT Less CapEx to Interest Expense	2.09	1.62	1.48	0.81	1.53	1.60	10.67	6.76	2.57	1.65	1.75
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	53.62%	118.98%	100.07%	25.25%	9.93%	96.23%	168.84%	123.38%	85.63%	66.45%	121.95%

This table displays calculated financial ratios and metrics derived from AutoNation's official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	34,710,538.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	34,710,538.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	5.92
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	3.40%	1.62%	1.36%	-5.95%	-4.45%	6.45%	3.16%	7.64%	6.98%	-3.80%	-1.93%
EBITDA Growth	-17.05%	-12.13%	-19.04%	-32.65%	-11.83%	-6.12%	-5.22%	-12.25%	7.25%	-4.76%	11.56%
EBIT Growth	-19.97%	-14.99%	-22.56%	-38.03%	-14.89%	-7.95%	-7.05%	-16.37%	7.77%	-5.85%	13.23%
NOPAT Growth	-19.77%	-15.45%	-23.87%	-37.35%	-15.65%	-4.08%	-1.33%	-33.91%	5.75%	-7.91%	-7.08%
Net Income Growth	-30.88%	-24.51%	-34.15%	-52.22%	-23.76%	-13.92%	-7.68%	-33.64%	15.77%	-7.52%	17.04%
EPS Growth	-12.20%	-10.66%	-26.03%	-46.84%	-16.79%	-9.59%	-0.89%	-29.38%	22.56%	1.30%	31.46%
Operating Cash Flow Growth	-53.38%	-117.17%	-42.25%	-1,886.67%	-127.39%	488.08%	-117.83%	-198.32%	373.86%	0.47%	142.29%
Free Cash Flow Firm Growth	-12,256.14%	-239.69%	69.20%	175.79%	105.66%	193.33%	237.42%	-868.86%	-7,195.27%	-60.95%	-2,001.55%
Invested Capital Growth	12.52%	9.84%	5.60%	0.44%	4.03%	-0.03%	2.47%	24.65%	27.39%	2.23%	33.55%
Revenue Q/Q Growth	0.04%	-1.82%	-4.16%	-0.08%	1.63%	9.38%	-7.13%	4.27%	0.90%	-1.47%	-5.39%
EBITDA Q/Q Growth	-5.61%	-9.04%	-5.07%	-17.36%	23.55%	-3.15%	-4.16%	-23.49%	51.01%	-13.99%	12.26%
EBIT Q/Q Growth	-6.56%	-10.81%	-6.06%	-20.85%	28.34%	-3.54%	-5.14%	-28.78%	65.38%	-15.73%	14.08%
NOPAT Q/Q Growth	-4.82%	-12.76%	-6.25%	-19.52%	28.14%	-0.79%	-3.56%	-46.09%	105.03%	-13.60%	-2.69%
Net Income Q/Q Growth	-10.57%	-11.28%	-12.07%	-31.51%	42.70%	0.16%	-5.70%	-50.77%	148.96%	-19.99%	19.35%
EPS Q/Q Growth	-7.97%	-7.76%	-12.13%	-28.73%	44.06%	0.22%	-3.68%	-49.21%	150.00%	-17.17%	25.00%
Operating Cash Flow Q/Q Growth	8,620.00%	-115.10%	862.95%	-120.24%	-17.45%	314.00%	-135.05%	-238.67%	207.82%	-21.49%	-85.25%
Free Cash Flow Firm Q/Q Growth	-52.00%	21.36%	74.31%	346.85%	-88.65%	1,197.35%	-62.18%	-1,481.16%	-4.70%	107.14%	-1,941.70%
Invested Capital Q/Q Growth	-1.17%	2.69%	-0.09%	-0.95%	2.37%	-1.32%	2.40%	20.50%	4.61%	-20.81%	33.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.78%	17.96%	18.47%	17.95%	17.96%	17.24%	18.23%	18.28%	17.59%	17.52%	18.60%
EBITDA Margin	6.85%	6.35%	6.29%	5.20%	6.32%	5.60%	5.78%	4.24%	6.35%	5.54%	6.57%
Operating Margin	6.09%	5.17%	5.25%	4.24%	5.32%	4.71%	5.02%	3.12%	5.29%	4.53%	4.79%
EBIT Margin	6.01%	5.46%	5.35%	4.24%	5.36%	4.72%	4.82%	3.30%	5.40%	4.62%	5.57%
Profit (Net Income) Margin	3.54%	3.19%	2.93%	2.01%	2.82%	2.58%	2.62%	1.24%	3.06%	2.48%	3.13%
Tax Burden Percent	74.43%	77.85%	75.05%	74.74%	75.10%	76.96%	75.00%	62.43%	74.79%	76.66%	74.50%
Interest Burden Percent	78.99%	75.12%	72.93%	63.37%	70.12%	71.06%	72.49%	60.20%	75.64%	70.07%	75.43%
Effective Tax Rate	25.57%	22.15%	24.95%	25.26%	24.90%	23.04%	25.00%	37.57%	25.21%	23.34%	25.50%
Return on Invested Capital (ROIC)	21.39%	18.35%	17.68%	13.82%	17.12%	15.68%	16.22%	7.77%	15.49%	15.33%	13.27%
ROIC Less NNEP Spread (ROIC-NNEP)	19.43%	16.86%	15.98%	11.92%	15.12%	13.73%	14.25%	6.68%	14.14%	13.55%	12.70%
Return on Net Nonoperating Assets (RNNOA)	30.87%	29.95%	27.95%	22.17%	26.09%	22.67%	23.21%	13.09%	27.15%	21.79%	27.90%
Return on Equity (ROE)	52.27%	48.30%	45.63%	35.98%	43.20%	38.35%	39.43%	20.86%	42.65%	37.12%	41.17%
Cash Return on Invested Capital (CROIC)	11.03%	11.74%	13.96%	16.68%	12.27%	15.96%	13.26%	-8.65%	-11.04%	12.34%	-16.66%
Operating Return on Assets (OROA)	15.65%	13.36%	12.93%	9.45%	11.68%	10.12%	10.26%	6.85%	11.12%	9.32%	10.97%
Return on Assets (ROA)	9.20%	7.81%	7.07%	4.48%	6.15%	5.53%	5.58%	2.58%	6.29%	5.01%	6.16%
Return on Common Equity (ROCE)	52.27%	48.30%	45.63%	35.98%	43.20%	38.35%	39.43%	20.86%	42.65%	37.12%	41.17%
Return on Equity Simple (ROE_SIMPLE)	50.95%	0.00%	39.09%	35.74%	30.46%	0.00%	28.20%	25.67%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	312	272	255	206	263	261	252	136	279	241	234
NOPAT Margin	4.53%	4.03%	3.94%	3.17%	4.00%	3.63%	3.77%	1.95%	3.96%	3.47%	3.57%
Net Nonoperating Expense Percent (NNEP)	1.96%	1.49%	1.70%	1.90%	1.99%	1.95%	1.97%	1.09%	1.35%	1.78%	0.57%
Return On Investment Capital (ROIC_SIMPLE)	-	4.36%	-	-	-	4.18%	3.93%	1.76%	3.44%	3.77%	2.75%
Cost of Revenue to Revenue	81.22%	82.04%	81.53%	82.05%	82.04%	82.89%	81.77%	81.69%	82.39%	82.39%	81.40%
SG&A Expenses to Revenue	11.89%	11.94%	12.23%	12.74%	12.32%	11.57%	12.28%	12.25%	12.08%	12.05%	12.84%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.70%	12.58%	13.22%	13.70%	12.63%	12.39%	13.21%	15.19%	12.32%	13.08%	13.81%
Earnings before Interest and Taxes (EBIT)	415	370	347	275	353	340	323	230	380	320	366
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	472	430	408	337	417	403	387	296	447	384	431
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.11	2.89	2.98	2.94	2.99	2.74	2.63	3.03	3.28	3.22	3.04
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	7,099.40	68.36	0.00	39.17	78.49	0.00	0.00
Price to Revenue (P/Rev)	0.25	0.24	0.26	0.24	0.27	0.25	0.23	0.27	0.30	0.27	0.25
Price to Earnings (P/E)	6.11	6.25	7.63	8.23	9.83	9.73	9.40	11.91	12.53	11.60	9.98
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	16.36%	15.99%	13.10%	12.16%	10.17%	10.28%	10.64%	8.40%	7.98%	8.62%	10.02%
Enterprise Value to Invested Capital (EV/IC)	1.75	1.67	1.76	1.69	1.75	1.69	1.62	1.66	1.72	1.82	1.54
Enterprise Value to Revenue (EV/Rev)	0.39	0.38	0.40	0.39	0.42	0.39	0.38	0.46	0.49	0.42	0.47
Enterprise Value to EBITDA (EV/EBITDA)	5.37	5.44	6.00	6.29	6.91	6.69	6.65	8.42	8.96	7.61	8.35
Enterprise Value to EBIT (EV/EBIT)	6.06	6.18	6.90	7.37	8.18	7.96	7.95	10.16	10.78	9.19	10.04
Enterprise Value to NOPAT (EV/NOPAT)	8.13	8.30	9.30	9.90	11.02	10.62	10.44	13.83	14.75	12.66	14.57
Enterprise Value to Operating Cash Flow (EV/OCF)	10.69	14.32	21.37	22.93	87.09	33.25	0.00	0.00	123.43	102.91	69.74
Enterprise Value to Free Cash Flow (EV/FCFF)	16.81	14.94	12.93	10.16	14.57	10.60	12.36	0.00	0.00	14.92	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	1.84	1.83	1.65	1.85	1.67	1.54	1.67	2.12	2.22	1.73	2.83
Long-Term Debt to Equity	1.67	1.41	1.32	1.43	1.32	1.06	1.29	1.84	1.93	1.58	2.62
Financial Leverage	1.59	1.78	1.75	1.86	1.73	1.65	1.63	1.96	1.92	1.61	2.20
Leverage Ratio	4.70	5.17	5.11	5.59	5.35	5.35	5.33	5.67	5.55	5.71	6.04
Compound Leverage Factor	3.71	3.89	3.73	3.54	3.75	3.80	3.86	3.42	4.20	4.00	4.55
Debt to Total Capital	64.84%	64.62%	62.21%	64.85%	62.55%	60.67%	62.49%	67.92%	68.94%	63.33%	73.89%
Short-Term Debt to Total Capital	6.07%	14.58%	12.15%	14.57%	13.25%	18.84%	14.04%	9.06%	8.99%	5.30%	5.54%
Long-Term Debt to Total Capital	58.76%	50.04%	50.06%	50.29%	49.30%	41.83%	48.45%	58.86%	59.95%	58.03%	68.35%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	35.16%	35.38%	37.79%	35.15%	37.45%	39.33%	37.51%	32.08%	31.06%	36.67%	26.11%
Debt to EBITDA	2.01	2.12	2.15	2.45	2.49	2.42	2.59	3.48	3.64	2.67	4.04
Net Debt to EBITDA	1.98	2.09	2.11	2.39	2.45	2.38	2.55	3.44	3.57	2.63	4.00
Long-Term Debt to EBITDA	1.82	1.64	1.73	1.90	1.96	1.67	2.01	3.02	3.16	2.45	3.74
Debt to NOPAT	3.04	3.24	3.33	3.85	3.97	3.85	4.08	5.72	5.99	4.44	7.06
Net Debt to NOPAT	2.99	3.19	3.27	3.77	3.91	3.78	4.00	5.65	5.89	4.38	6.98
Long-Term Debt to NOPAT	2.76	2.51	2.68	2.99	3.13	2.65	3.16	4.95	5.21	4.07	6.53
Altman Z-Score	3.42	3.16	3.22	2.92	2.98	2.95	2.91	2.97	2.95	2.88	2.80
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.83	0.77	0.79	0.78	0.80	0.74	0.77	0.81	0.79	0.84	0.81
Quick Ratio	0.21	0.20	0.17	0.15	0.17	0.18	0.19	0.16	0.17	0.18	0.16
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-358	-282	-72	179	20	263	100	-1,374	-1,439	103	-1,892
Operating Cash Flow to CapEx	293.79%	-31.05%	314.30%	-68.11%	-86.42%	225.94%	-69.81%	-225.06%	278.23%	174.39%	39.36%
Free Cash Flow to Firm to Interest Expense	-4.12	-3.06	-0.77	1.78	0.19	2.67	1.12	-15.02	-15.54	1.07	-21.07
Operating Cash Flow to Interest Expense	2.93	-0.42	3.13	-0.59	-0.66	1.52	-0.59	-1.94	2.07	1.57	0.25
Operating Cash Flow Less CapEx to Interest Expense	1.94	-1.77	2.14	-1.46	-1.43	0.85	-1.44	-2.81	1.33	0.67	-0.38
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	2.60	2.45	2.41	2.23	2.18	2.14	2.13	2.08	2.06	2.02	1.97
Accounts Receivable Turnover	35.21	28.38	33.32	31.38	29.23	25.40	28.33	31.87	30.94	27.44	29.70
Inventory Turnover	9.64	8.59	8.46	7.10	6.98	6.88	7.11	6.44	6.54	6.71	6.76
Fixed Asset Turnover	7.44	7.28	7.28	7.11	7.01	7.06	7.12	7.25	7.24	7.14	7.10
Accounts Payable Turnover	63.27	64.90	63.40	59.63	67.36	60.95	65.36	66.41	70.55	60.77	63.67
Days Sales Outstanding (DSO)	10.37	12.86	10.95	11.63	12.49	14.37	12.88	11.45	11.80	13.30	12.29
Days Inventory Outstanding (DIO)	37.85	42.51	43.14	51.39	52.28	53.08	51.34	56.66	55.85	54.43	54.02
Days Payable Outstanding (DPO)	5.77	5.62	5.76	6.12	5.42	5.99	5.58	5.50	5.17	6.01	5.73
Cash Conversion Cycle (CCC)	42.45	49.75	48.34	56.90	59.35	61.47	58.64	62.62	62.47	61.72	60.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	6,028	6,190	6,184	6,126	6,271	6,188	6,337	7,636	7,988	6,326	8,463
Invested Capital Turnover	4.72	4.56	4.49	4.36	4.28	4.32	4.31	3.99	3.92	4.42	3.72
Increase / (Decrease) in Invested Capital	671	554	328	27	243	-1.80	153	1,510	1,717	138	2,126
Enterprise Value (EV)	10,554	10,364	10,865	10,360	10,999	10,464	10,258	12,656	13,725	11,515	13,014
Market Capitalization	6,669	6,386	7,041	6,418	7,099	6,734	6,324	7,489	8,249	7,531	6,778
Book Value per Share	$48.63	$52.01	$56.19	$54.22	$59.76	$61.98	$61.53	$65.50	$66.61	$64.19	$64.16
Tangible Book Value per Share	($5.57)	($4.29)	($0.49)	($4.73)	$0.03	$2.48	($0.41)	$5.07	$2.79	($2.66)	($6.02)
Total Capital	6,092	6,251	6,245	6,212	6,331	6,248	6,407	7,699	8,086	6,384	8,528
Total Debt	3,950	4,039	3,885	4,028	3,960	3,790	4,004	5,229	5,574	4,043	6,302
Total Long-Term Debt	3,580	3,128	3,126	3,124	3,121	2,614	3,105	4,532	4,848	3,705	5,829
Net Debt	3,886	3,978	3,824	3,943	3,900	3,731	3,934	5,166	5,477	3,985	6,236
Capital Expenditures (CapEx)	87	124	94	88	81	66	75	79	69	86	56
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-453	-425	-444	-547	-432	-497	-503	-437	-592	-613	-640
Debt-free Net Working Capital (DFNWC)	-389	-364	-384	-461	-372	-437	-433	-374	-495	-554	-574
Net Working Capital (NWC)	-759	-1,276	-1,142	-1,366	-1,211	-1,614	-1,332	-1,072	-1,221	-893	-1,046
Net Nonoperating Expense (NNE)	69	56	65	75	78	75	77	49	63	69	29
Net Nonoperating Obligations (NNO)	3,886	3,978	3,824	3,943	3,900	3,731	3,934	5,166	5,477	3,985	6,236
Total Depreciation and Amortization (D&A)	58	60	61	62	64	63	64	66	67	64	66
Debt-free, Cash-free Net Working Capital to Revenue	-1.68%	-1.58%	-1.64%	-2.05%	-1.64%	-1.86%	-1.87%	-1.59%	-2.12%	-2.22%	-2.32%
Debt-free Net Working Capital to Revenue	-1.45%	-1.35%	-1.42%	-1.73%	-1.41%	-1.63%	-1.60%	-1.36%	-1.77%	-2.01%	-2.09%
Net Working Capital to Revenue	-2.82%	-4.73%	-4.23%	-5.13%	-4.60%	-6.03%	-4.94%	-3.90%	-4.37%	-3.23%	-3.80%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.59	$5.12	$4.53	$3.22	$4.66	$4.68	$4.50	$2.29	$5.72	$4.75	$5.92
Adjusted Weighted Average Basic Shares Outstanding	43.60M	44.60M	42M	40.40M	39.90M	40.50M	39M	37.80M	37.60M	37.60M	34.70M
Adjusted Diluted Earnings per Share	$5.54	$5.11	$4.49	$3.20	$4.61	$4.62	$4.45	$2.26	$5.65	$4.68	$5.85
Adjusted Weighted Average Diluted Shares Outstanding	44M	44.90M	42.30M	40.70M	40.30M	40.90M	39.40M	38.30M	38.10M	38.10M	35.10M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	42.52M	41.66M	40.27M	39.68M	39.65M	39.06M	37.70M	37.71M	36.47M	34.71M	33.46M
Normalized Net Operating Profit after Tax (NOPAT)	312	272	255	206	263	261	252	221	279	241	234
Normalized NOPAT Margin	4.53%	4.03%	3.94%	3.17%	4.00%	3.63%	3.77%	3.17%	3.96%	3.47%	3.57%
Pre Tax Income Margin	4.75%	4.10%	3.91%	2.69%	3.76%	3.36%	3.50%	1.98%	4.09%	3.24%	4.20%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.76	4.02	3.69	2.73	3.35	3.45	3.64	2.51	4.11	3.34	4.07
NOPAT to Interest Expense	3.59	2.96	2.72	2.04	2.50	2.65	2.84	1.48	3.01	2.51	2.61
EBIT Less CapEx to Interest Expense	3.76	2.67	2.70	1.86	2.58	2.78	2.79	1.65	3.36	2.44	3.44
NOPAT Less CapEx to Interest Expense	2.59	1.61	1.72	1.17	1.73	1.98	1.99	0.62	2.26	1.61	1.98
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	114.11%	85.63%	64.76%	89.87%	70.16%	66.45%	94.73%	57.40%	80.56%	121.95%	128.42%

Financials Breakdown Chart

Key Financial Trends

Below are key trends from AutoNation's quarterly statements over the last four years, focusing on the period ending Q4 2025. The analysis highlights patterns in revenue, profitability, and cash flows that may matter to retail investors.

Positive operating cash flow: Net cash from continuing operating activities was 150.5 million in Q4 2025 and 191.7 million in Q3 2025, signaling ongoing cash generation from core operations.
Net income from continuing operations remained positive in Q4 2025 at 172.1 million, with 215.1 million in Q3 2025, reflecting sustained near-term profitability.
Gross profit of 1.2148 billion on 6.9354 billion in revenue for Q4 2025 implies a healthy gross margin around 17–18%, indicating solid cost control at the gross level amid revenue variability.
Earnings per share: Basic 4.75 and diluted 4.68 in Q4 2025 indicate solid profitability per share for the period.
Revenue has trended within a relatively narrow band in 2025 (roughly 6.7–7.0 billion per quarter), suggesting stable demand in AutoNation’s market.
Financing activity has been volatile by quarter (debt issuance of about 698.6 million in Q4 2025 with a net financing cash flow around -33.3 million), reflecting a flexible but mixed picture on leverage and capital structure.
Capital expenditures remain sizeable (purchases of property, plant and equipment around 86–87 million in Q4 2025), contributing to investing cash outflows each quarter.
Long-term debt remains elevated, in the ballpark of several billions (e.g., around 4.8 billion in Q3 2025), indicating ongoing leverage but manageable interest expense dynamics in the near term.
Earnings momentum cooled from Q3 2025 to Q4 2025, with diluted EPS falling from 5.65 to 4.68, signaling near-term earnings pressure.
Net change in cash and equivalents was negative in Q4 2025 (-40.2 million), indicating a cash balance decline despite positive operating cash flow in the quarter.

05/21/26 11:55 PM ETAI Generated. May Contain Errors.

AutoNation Financials - Frequently Asked Questions

According to the most recent income statement we have on file, AutoNation's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

AutoNation's net income appears to be on an upward trend, with a most recent value of $649.10 million in 2025, rising from $442.60 million in 2015. The previous period was $692.20 million in 2024. View AutoNation's forecast to see where analysts expect AutoNation to go next.

AutoNation's total operating income in 2025 was $1.24 billion, based on the following breakdown:

Total Gross Profit: $4.95 billion
Total Operating Expenses: $3.72 billion

Over the last 10 years, AutoNation's total revenue changed from $20.86 billion in 2015 to $27.64 billion in 2025, a change of 32.5%.

AutoNation's total liabilities were at $12.05 billion at the end of 2025, a 14.3% increase from 2024, and a 67.4% increase since 2015.

In the past 10 years, AutoNation's cash and equivalents has ranged from $42 million in 2019 to $569.60 million in 2020, and is currently $58.60 million as of their latest financial filing in 2025.

Over the last 10 years, AutoNation's book value per share changed from 20.85 in 2015 to 64.19 in 2025, a change of 207.9%.

Related Companies

Financial statements for NYSE:AN last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

AutoNation (AN) Financials

Financials Breakdown Chart

Key Financial Trends

AutoNation Financials - Frequently Asked Questions

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

AutoNation (AN) Financials

Annual Income Statements for AutoNation

Quarterly Income Statements for AutoNation

Annual Cash Flow Statements for AutoNation

Quarterly Cash Flow Statements for AutoNation

Annual Balance Sheets for AutoNation

Quarterly Balance Sheets for AutoNation

Annual Metrics And Ratios for AutoNation

Quarterly Metrics And Ratios for AutoNation

Financials Breakdown Chart

Key Financial Trends

AutoNation Financials - Frequently Asked Questions

When does AutoNation's fiscal year end?

How has AutoNation's net income changed over the last 10 years?

What is AutoNation's operating income?

How has AutoNation's revenue changed over the last 10 years?

How much debt does AutoNation have?

How much cash does AutoNation have?

How has AutoNation's book value per share changed over the last 10 years?

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools