NYSE : AN
AutoNation, Inc. — Financial statements
Consumer Discretionary · Auto & Truck Dealerships · United States
Last price 179.64 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.94B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
AutoNation, Inc. (AN) reported revenue of 27.42B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 25.98B | 26.15B | 25.38B | 25.50B | 25.52B | 24.43B |
| Other Revenue | 1.45B | 1.48B | 1.38B | 1.45B | 1.47B | 1.42B |
| Revenue | 27.42B | 27.63B | 26.77B | 26.95B | 26.98B | 25.84B |
| Cost of Revenue | 22.56B | 22.68B | 21.98B | 21.82B | 21.72B | 20.89B |
| Gross Profit | 4.86B | 4.95B | 4.79B | 5.13B | 5.27B | 4.95B |
| Selling, General & Admin | 3.38B | 3.36B | 3.21B | 3.25B | 3.03B | 2.88B |
| Other Operating Expenses | -5.80M | -3.70M | -700.00K | -4.10M | -8.50M | -6.40M |
| Operating Expenses | 3.63B | 3.61B | 3.45B | 3.47B | 3.22B | 3.06B |
| Operating Income | 1.24B | 1.34B | 1.34B | 1.66B | 2.05B | 1.89B |
| Interest Expense | -376.40M | -368.80M | -398.60M | -326.10M | -176.30M | -118.70M |
| Interest & Investment Income | 41.70M | 9.80M | ||||
| Other Non Operating Income (Expenses) | 17.70M | 21.30M | 7.50M | 5.30M | -55.20M | 13.40M |
| EBT Excluding Unusual Items | 918.50M | 1.00B | 945.10M | 1.34B | 1.82B | 1.78B |
| Impairment of Goodwill | -65.30M | |||||
| Gain (Loss) on Sale of Investments | 56.40M | -7.90M | -7.00M | 5.20M | 2.90M | 10.90M |
| Gain (Loss) on Sale of Assets | 8.40M | 8.40M | 55.10M | 9.10M | 16.30M | 13.30M |
| Asset Writedown | -63.80M | -131.60M | -21.80M | -5.20M | -1.60M | |
| Other Unusual Items | -54.70M | |||||
| Pretax Income | 959.50M | 884.50M | 916.70M | 1.35B | 1.83B | 1.81B |
| Income Tax Expense | 237.60M | 235.40M | 224.50M | 330.00M | 455.80M | 435.10M |
| Earnings From Continuing Operations | 721.90M | 649.10M | 692.20M | 1.02B | 1.38B | 1.37B |
| Earnings From Discontinued Operations | 900.00K | -300.00K | -300.00K | |||
| Net Income | 721.90M | 649.10M | 692.20M | 1.02B | 1.38B | 1.37B |
| Net Income to Common | 721.90M | 649.10M | 692.20M | 1.02B | 1.38B | 1.37B |
| Shares Outstanding (Basic) | 34.23M | 37.60M | 40.50M | 44.60M | 56.30M | 74.20M |
| Shares Outstanding (Diluted) | 34.73M | 38.10M | 40.90M | 44.90M | 56.70M | 75.00M |
| EPS (Basic) | 21.09 | 17.26 | 17.09 | 22.89 | 24.47 | 18.50 |
| EPS (Diluted) | 20.79 | 17.04 | 16.92 | 22.74 | 24.29 | 18.31 |
| Free Cash Flow | 22.90M | -197.50M | -13.80M | 313.70M | 1.34B | 1.41B |
| Free Cash Flow Per Share | 0.66 | -5.18 | -0.34 | 6.99 | 23.62 | 18.83 |
| Gross Margin | 17.74% | 17.91% | 17.88% | 19.04% | 19.51% | 19.16% |
| Operating Margin | 4.51% | 4.84% | 4.99% | 6.17% | 7.59% | 7.31% |
| Profit Margin | 2.63% | 2.35% | 2.59% | 3.79% | 5.10% | 5.31% |
| Free Cash Flow Margin | 0.08% | -0.71% | -0.05% | 1.16% | 4.96% | 5.46% |
| EBITDA | 1.49B | 1.59B | 1.58B | 1.88B | 2.25B | 2.08B |
| EBITDA Margin | 5.42% | 5.75% | 5.89% | 6.98% | 8.33% | 8.06% |
| D&A For EBITDA | 251.80M | 251.40M | 240.70M | 220.50M | 200.30M | 193.30M |
| EBIT | 1.24B | 1.34B | 1.34B | 1.66B | 2.05B | 1.89B |
| EBIT Margin | 4.51% | 4.84% | 4.99% | 6.17% | 7.59% | 7.31% |
| Effective Tax Rate | 24.76% | 26.61% | 24.49% | 24.44% | 24.86% | 24.06% |
| Revenue as Reported | 27.42B | 27.63B | 26.77B | 26.95B | 26.98B | 25.84B |
| Advertising Expenses | 267.90M | 255.50M | 243.50M | 184.30M | 170.30M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 51.20M | 58.60M | 59.80M | 60.80M | 72.60M | 60.40M |
| Cash & Short-Term Investments | 51.20M | 58.60M | 59.80M | 60.80M | 72.60M | 60.40M |
| Accounts Receivable | 431.60M | 424.00M | 452.70M | 434.70M | 357.00M | 336.00M |
| Other Receivables | 54.00M | 62.80M | 73.80M | 75.00M | 88.40M | 77.00M |
| Receivables | 485.60M | 486.80M | 526.50M | 509.70M | 445.40M | 413.00M |
| Inventory | 3.67B | 3.40B | 3.36B | 3.03B | 2.05B | 1.85B |
| Finance Div. Loans and Leases | 320.40M | 485.70M | 560.20M | 553.80M | 441.10M | 347.40M |
| Restricted Cash | 78.00M | 25.30M | 41.70M | 14.30M | 15.60M | 200.00K |
| Other Current Assets | 125.10M | 186.40M | 149.80M | 134.90M | 115.00M | 142.80M |
| Total Current Assets | 4.73B | 4.65B | 4.70B | 4.31B | 3.14B | 2.81B |
| Property, Plant & Equipment | 4.48B | 4.41B | 4.18B | 4.18B | 3.93B | 3.70B |
| Long-Term Investments | 63.60M | 69.80M | 79.50M | 72.10M | 58.90M | |
| Goodwill | 1.42B | 1.41B | 1.45B | 1.47B | 1.32B | 1.24B |
| Other Intangible Assets | 1.25B | 1.03B | 905.90M | 927.80M | 837.00M | 743.50M |
| Long-Term Accounts Receivable | 2.70M | 2.70M | 2.80M | 3.20M | 8.60M | 14.20M |
| Other Long-Term Assets | 931.20M | 687.20M | 632.20M | 610.70M | 450.10M | 376.50M |
| Total Assets | 15.60B | 14.39B | 13.00B | 11.98B | 10.06B | 8.94B |
| Accounts Payable | 349.20M | 369.90M | 376.60M | 344.70M | 327.60M | 395.90M |
| Accrued Expenses | 60.10M | 52.20M | 42.30M | 275.60M | 324.50M | |
| Short-Term Debt | 4.57B | 3.92B | 4.25B | 3.78B | 2.12B | 1.77B |
| Current Portion of Long-Term Debt | 165.80M | 138.50M | 546.80M | 471.20M | 23.30M | 12.20M |
| Current Portion of Leases | 155.40M | 142.20M | 88.10M | 78.50M | 64.80M | |
| Current Income Taxes Payable | 46.10M | 6.90M | ||||
| Current Unearned Revenue | 46.30M | 45.20M | 43.90M | 42.50M | 41.80M | 33.60M |
| Other Current Liabilities | 965.30M | 854.30M | 904.90M | 818.20M | 538.60M | 451.30M |
| Total Current Liabilities | 6.15B | 5.54B | 6.31B | 5.58B | 3.41B | 3.06B |
| Long-Term Debt | 5.85B | 5.31B | 3.13B | 3.03B | 3.54B | 2.53B |
| Long-Term Leases | 775.50M | 711.30M | 638.20M | 712.80M | 660.10M | 578.70M |
| Long-Term Unearned Revenue | 77.00M | 74.70M | 72.90M | 70.60M | 66.60M | 60.50M |
| Long-Term Deferred Tax Liabilities | 127.30M | 94.10M | 83.10M | 85.00M | 76.50M | 78.20M |
| Other Long-Term Liabilities | 356.70M | 324.30M | 308.00M | 289.80M | 266.40M | 261.80M |
| Total Liabilities | 13.33B | 12.05B | 10.54B | 9.77B | 8.01B | 6.57B |
| Common Stock | 600.00K | 600.00K | 600.00K | 600.00K | 600.00K | 800.00K |
| Additional Paid-In Capital | 24.40M | 32.00M | 20.30M | 22.40M | 3.10M | 3.20M |
| Retained Earnings | 6.52B | 5.98B | 5.33B | 4.64B | 3.66B | 4.64B |
| Treasury Stock | -4.27B | -3.67B | -2.90B | -2.45B | -1.62B | -2.27B |
| Shareholders' Equity | 2.27B | 2.34B | 2.46B | 2.21B | 2.05B | 2.38B |
| Total Liabilities & Equity | 15.60B | 14.39B | 13.00B | 11.98B | 10.06B | 8.94B |
| Total Debt | 11.37B | 10.23B | 8.70B | 8.08B | 6.42B | 4.95B |
| Net Cash (Debt) | -11.31B | -10.17B | -8.64B | -8.01B | -6.35B | -4.89B |
| Net Cash Per Share | -325.84 | -266.93 | -211.32 | -178.50 | -111.93 | -65.25 |
| Filing Date Shares Outstanding | 31.98M | 34.71M | 39.06M | 41.66M | 46.90M | 61.67M |
| Total Common Shares Outstanding | 32.29M | 35.20M | 39.03M | 41.64M | 47.65M | 62.61M |
| Working Capital | -1.41B | -892.90M | -1.61B | -1.28B | -267.70M | -248.10M |
| Book Value Per Share | 70.17 | 66.51 | 62.95 | 53.10 | 42.98 | 37.96 |
| Tangible Book Value | -404.70M | -97.10M | 98.50M | -182.20M | -109.30M | 398.20M |
| Tangible Book Value Per Share | -12.53 | -2.76 | 2.52 | -4.38 | -2.29 | 6.36 |
| Land | 1.58B | 1.52B | 1.54B | 1.51B | 1.47B | |
| Buildings | 3.19B | 3.00B | 2.90B | 2.67B | 2.47B | |
| Machinery | 1.65B | 1.58B | 1.49B | 1.36B | 1.26B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 721.90M | 649.10M | 692.20M | 1.02B | 1.38B | 1.37B |
| Depreciation & Amortization | 251.80M | 251.40M | 240.70M | 220.50M | 200.30M | 193.30M |
| Other Amortization | 11.00M | 8.60M | 8.90M | 9.60M | 7.20M | 4.90M |
| Loss (Gain) From Sale of Assets | -8.40M | -8.40M | -62.50M | -17.20M | -16.30M | -18.10M |
| Asset Writedown & Restructuring Costs | 63.80M | 196.90M | 21.80M | 5.20M | 1.60M | |
| Loss (Gain) From Sale of Investments | -56.40M | 7.90M | 7.00M | -5.20M | -2.90M | -10.90M |
| Stock-Based Compensation | 46.30M | 46.50M | 36.50M | 39.70M | 31.50M | 35.00M |
| Other Operating Activities | 15.70M | -9.80M | -13.10M | 4.00M | 21.00M | -27.20M |
| Change in Accounts Receivable | 99.10M | 114.20M | -25.90M | -178.20M | -129.20M | 114.90M |
| Change in Inventory | -107.10M | 14.00M | -398.50M | -950.10M | -175.50M | 800.40M |
| Change in Accounts Payable | -2.30M | -9.90M | 34.70M | 8.10M | -68.90M | 57.20M |
| Change in Other Net Operating Assets | -800.80M | -1.23B | -281.80M | 520.90M | 378.40M | -894.50M |
| Operating Cash Flow | 310.90M | 111.90M | 314.70M | 724.00M | 1.67B | 1.63B |
| Capital Expenditures | -288.00M | -309.40M | -328.50M | -410.30M | -329.00M | -215.70M |
| Sale of Property, Plant & Equipment | 43.50M | 43.50M | 3.80M | 7.90M | 37.10M | |
| Cash Acquisitions | -427.20M | -459.10M | -271.40M | -191.60M | -432.70M | |
| Divestitures | 17.40M | 16.10M | 156.00M | 23.20M | 55.20M | 48.70M |
| Investment in Securities | -10.90M | 103.90M | ||||
| Other Investing Activities | 1.00M | 4.40M | 6.00M | -12.10M | 5.70M | -1.60M |
| Investing Cash Flow | -652.80M | -687.00M | 12.30M | -569.90M | -479.30M | -460.30M |
| Short-Term Debt Issued | 61.10M | 190.00M | 815.30M | 178.60M | 340.00M | |
| Long-Term Debt Issued | 3.64B | 1.51B | 324.00M | 739.50M | 848.00M | |
| Total Debt Issued | 4.30B | 3.70B | 1.70B | 1.14B | 918.10M | 1.19B |
| Short-Term Debt Repaid | -430.00M | -113.50M | -290.00M | -263.90M | ||
| Long-Term Debt Repaid | -1.88B | -1.41B | -405.30M | -47.60M | -310.90M | |
| Total Debt Repaid | -2.91B | -2.31B | -1.52B | -405.30M | -337.60M | -574.80M |
| Net Debt Issued (Repaid) | 1.39B | 1.38B | 179.80M | 734.00M | 580.50M | 613.20M |
| Issuance of Common Stock | 100.00K | 700.00K | 500.00K | 1.90M | 3.40M | 54.50M |
| Repurchase of Common Stock | -1.02B | -811.90M | -479.10M | -901.80M | -1.73B | -2.34B |
| Other Financing Activities | -17.30M | -15.50M | -1.80M | -6.60M | -7.10M | -8.00M |
| Financing Cash Flow | 358.50M | 557.50M | -300.60M | -172.50M | -1.15B | -1.68B |
| Net Cash Flow | 16.60M | -17.60M | 26.40M | -18.40M | 34.80M | -509.10M |
| Free Cash Flow | 22.90M | -197.50M | -13.80M | 313.70M | 1.34B | 1.41B |
| Free Cash Flow Margin | 0.08% | -0.71% | -0.05% | 1.16% | 4.96% | 5.46% |
| Free Cash Flow Per Share | 0.66 | -5.18 | -0.34 | 6.99 | 23.62 | 18.83 |
| Levered Free Cash Flow | 485.84M | 604.23M | 281.40M | -422.23M | 736.74M | 2.11B |
| Unlevered Free Cash Flow | 710.09M | 826.12M | 521.62M | -228.01M | 839.73M | 2.18B |
| Cash Interest Paid | 401.90M | 353.40M | 392.00M | 310.30M | 153.70M | 113.90M |
| Cash Income Tax Paid | 161.90M | 295.50M | 148.70M | 300.80M | 482.50M | 458.30M |
| Change in Working Capital | -811.10M | -1.11B | -671.50M | -599.30M | 4.80M | 78.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.75B | 7.53B | 6.73B | 6.39B | 5.32B | 7.66B |
| Enterprise Value | 17.06B | 17.24B | 15.43B | 13.66B | 10.33B | 11.78B |
| Last Close Price | 179.64 | 206.48 | 169.84 | 150.18 | 107.30 | 116.85 |
| PE Ratio | 8.64 | 11.60 | 9.73 | 6.25 | 3.86 | 5.58 |
| Forward PE | 7.65 | 10.08 | 9.54 | 7.10 | 4.88 | 5.98 |
| PS Ratio | 0.21 | 0.27 | 0.25 | 0.24 | 0.20 | 0.30 |
| PB Ratio | 2.56 | 3.22 | 2.74 | 2.89 | 2.60 | 3.22 |
| P/TBV Ratio | 68.36 | 19.23 | ||||
| P/FCF Ratio | 250.90 | 20.36 | 3.97 | 5.42 | ||
| P/OCF Ratio | 18.48 | 67.30 | 21.40 | 8.82 | 3.19 | 4.71 |
| PEG Ratio | 0.68 | 0.98 | 1.23 | 0.98 | 0.48 | 0.24 |
| EV/Sales Ratio | 0.62 | 0.62 | 0.58 | 0.51 | 0.38 | 0.46 |
| EV/EBITDA Ratio | 11.47 | 10.84 | 9.78 | 7.26 | 4.59 | 5.65 |
| EV/EBIT Ratio | 13.81 | 12.88 | 11.54 | 8.22 | 5.04 | 6.23 |
| EV/FCF Ratio | 744.99 | 43.56 | 7.71 | 8.34 | ||
| Debt / Equity Ratio | 5.02 | 4.37 | 3.54 | 3.65 | 3.13 | 2.08 |
| Debt / EBITDA Ratio | 7.14 | 6.05 | 5.21 | 4.11 | 2.77 | 2.30 |
| Debt / FCF Ratio | 496.33 | 25.74 | 4.79 | 3.51 | ||
| Net Debt / Equity Ratio | 4.99 | 4.34 | 3.52 | 3.62 | 3.10 | 2.06 |
| Net Debt / EBITDA Ratio | 7.61 | 6.40 | 5.48 | 4.26 | 2.82 | 2.35 |
| Net Debt / FCF Ratio | 494.09 | -51.49 | -626.30 | 25.55 | 4.74 | 3.47 |
| Asset Turnover | 1.84 | 2.02 | 2.14 | 2.44 | 2.84 | 2.75 |
| Inventory Turnover | 6.30 | 6.71 | 6.88 | 8.59 | 11.15 | 9.40 |
| Quick Ratio | 0.14 | 0.19 | 0.18 | 0.20 | 0.28 | 0.27 |
| Current Ratio | 0.77 | 0.84 | 0.74 | 0.77 | 0.92 | 0.92 |
| Return on Equity (ROE) | 30.22% | 27.05% | 29.65% | 47.91% | 62.27% | 48.94% |
| Return on Assets (ROA) | 5.18% | 6.11% | 6.69% | 9.43% | 13.47% | 12.54% |
| Return on Invested Capital (ROIC) | 6.86% | 8.32% | 9.46% | 13.49% | 19.64% | 18.98% |
| Return on Capital Employed (ROCE) | 13.10% | 15.10% | 20.00% | 26.00% | 30.80% | 32.10% |
| Earnings Yield | 11.57% | 8.62% | 10.28% | 15.99% | 25.90% | 17.93% |
| FCF Yield | 0.40% | -2.62% | -0.21% | 4.91% | 25.17% | 18.44% |
| Buyback Yield / Dilution | 11.02% | 6.85% | 8.91% | 20.81% | 24.40% | 15.45% |