GROUP 1 AUTOMOTIVE INC

Listed Company

GPICIK 0001031203NYSELarge AcceleratedRetail-Auto Dealers & Gasoline StationsDelawareFY ends Dec 31

Period

FY 2025

Revenue

$22.57B

Net Income

$325.20M

Total Assets

$10.35B

Equity

$2.79B

Shares Out

11.90M

Op. Cash Flow

$694.50M

Business

GROUP 1 AUTOMOTIVE INC operates as an automotive retail operator, selling and leasing new and used cars and light trucks and providing related retail services. The company offers vehicle sales and leases, vehicle financing arrangements, vehicle service and insurance contracts, maintenance and repair services, parts sales (retail and wholesale), and collision repair services. Its business is organized around dealership operations and collision centers with support functions such as F&I, procurement, used vehicle sourcing, centralized customer service centers and talent development. Group 1 Automotive conducts operations across the U.S. and the U.K., selling through franchised dealerships, collision centers and a digital platform, AcceleRide®.

Summary from filing dated 2025-02-14

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenues	22,571	19,934	17,874	16,222	13,482
Total cost of sales	18,950	16,693	14,853	13,257	11,041
GROSS PROFIT	3,622	3,241	3,020	2,965	2,441
Selling, general and administrative expenses	2,546	2,179	1,927	1,783	1,477
Depreciation and amortization expense	121	113	92	88	77
Asset impairments	193	33	33	2	2
Restructuring charges	28	17	0	0	—
Other operating income	0	−10	0	0	—
INCOME FROM OPERATIONS	734	909	969	1,091	884
Floorplan interest expense	102	109	64	27	28
Other interest expense, net	183	141	100	78	56
Other (income) expense	−200,000	700,000	5	—	—
INCOME BEFORE INCOME TAXES	450	659	800	985	801
Provision for income taxes	126	162	198	231	176
Net income from continuing operations	324	497	602	754	625
Net income (loss) from discontinued operations	2	1	−400,000	−3	−73
NET INCOME	325	498	602	752	552
Basic earnings per share continuing operations (in dollars per shares)	25.17	36.88	42.92	47.46	34.23
Basic earnings per share discontinuing operations (in dollars per shares)	0.12	0.09	−0.03	−0.17	−4.01
Basic earnings per share (in dollars per shares)	25.29	36.96	42.89	47.29	30.22
Diluted earnings per share continuing operations (in dollars per shares)	25.13	36.72	42.75	47.31	34.11
Diluted earnings per share discontinuing operations (in dollars per shares)	0.12	0.09	−0.03	−0.17	−4
Total (in dollars per shares)	25.24	36.81	42.73	47.14	30.11
Weighted average common shares outstanding basic (in shares)	13	13	14	15	18
Weighted average common shares outstanding diluted (in shares)	13	13	14	16	18

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	33	34	57	48	15
Contracts-in-transit and vehicle receivables, net	326	360	369	279	219
Accounts and notes receivables, net	308	303	238	199	178
Inventories	2,741	2,637	1,963	1,357	1,073
Prepaid expenses	65	68	39	31	31
Other current assets	17	19	25	19	50
Current assets classified as held for sale	171	76	99	54	100
TOTAL CURRENT ASSETS	3,663	3,497	2,791	1,985	1,666
Property and equipment, net	3,137	2,857	2,249	2,128	1,958
Operating lease assets	276	315	217	249	268
Goodwill	2,205	2,058	1,652	1,662	1,420
Intangible franchise rights	934	948	701	516	392
Other long-term assets	135	149	165	177	45
TOTAL ASSETS	10,350	9,824	7,774	6,718	5,749
Floorplan notes payable credit facility and other, net of offset account of $504.2 and $286.3, respectively	1,084	1,255	1,153	762	295
Floorplan notes payable manufacturer affiliates, net of offset account of $ and $2.0, respectively	832	767	412	243	236
Current maturities of long-term debt	259	175	109	130	220
Current operating lease liabilities	25	26	21	22	26
Accounts payable	733	738	499	488	458
Accrued expenses and other current liabilities	432	419	303	272	259
Current liabilities classified as held for sale	39	17	7	5	50
TOTAL CURRENT LIABILITIES	3,403	3,397	2,506	1,921	1,544
Long-term debt	3,441	2,738	1,989	1,952	1,815
Long-term operating lease liabilities	230	276	209	238	257
Deferred income taxes	331	296	257	238	181
Other long-term liabilities	156	143	139	130	128
Commitments and Contingencies (Note 17)	—	—	—	—	—
Preferred stock, $0.01 par value, 1,000,000 shares authorized; none issued or outstanding	0	0	0	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized; 24,941,249 and 24,989,807 issued, respectively	200,000	200,000	300,000	300,000	300,000
Additional paid-in capital	389	356	349	339	326
Retained earnings	4,422	4,122	3,650	3,074	2,346
Accumulated other comprehensive income (loss)	32	2	28	23	−156
Treasury stock, at cost; 12,897,840 and 11,711,022 shares, respectively	−2,053	−1,506	−1,353	−1,198	−690
TOTAL STOCKHOLDERS EQUITY	2,789	2,974	2,674	2,238	1,825
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	10,350	9,824	7,774	6,718	5,749

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	121	113	92	89	79
Change in operating lease assets	31	27	25	30	25
Deferred income taxes	25	24	19	28	31
Asset impairments	200	35	33	9	79
Stock-based compensation	29	25	20	27	28
Amortization of debt discount and issue costs	5	4	3	3	3
Gain on disposition of assets	−19	−60	−23	−41	−6
Unrealized loss (gain) on derivative instruments	1	300,000	−4	0	0
Other	−400,000	−100,000	−3	500,000	3
Accounts payable and accrued expenses	−27	91	39	67	48
Accounts and notes receivable	−2	−33	−37	−17	11
Inventories	−48	−254	−568	−282	530
Contracts-in-transit and vehicle receivables	39	39	−88	−55	−6
Prepaid expenses and other assets	−4	−18	−21	400,000	−2
Floorplan notes payable manufacturer affiliates	50	120	127	8	−91
Deferred revenues	−1	−1	−900,000	−400,000	−2
Operating lease liabilities	−29	−23	−24	−29	−26
Net cash provided by operating activities	695	586	190	586	1,260
Cash paid for acquisitions, net, including repayment of sellers floorplan notes payable of $51.2, $50.3 and $66.3, respectively	−547	−1,277	−366	−529	−1,100
Proceeds from disposition of franchises, property and equipment	146	230	194	141	25
Purchases of property and equipment	−270	−245	−185	−156	−144
Other	0	10	−8	−1	−33
Net cash used in investing activities	−671	−1,283	−366	−485	−1,252
Borrowings on credit facility floorplan line and other	15,894	12,593	11,366	10,236	8,333
Repayments on credit facility floorplan line and other	−16,081	−12,491	−10,940	−9,767	−8,802
Borrowings on credit facility acquisition line	1,804	1,325	200	407	349
Repayments on credit facility acquisition line	−935	−1,553	−178	−430	−67
Debt issuance costs	−7	−11	−300,000	−5	−3
Borrowings of senior notes	0	500	0	0	200
Borrowings on other debt	119	706	150	316	334
Principal payments on other debt	−261	−193	−224	−286	−187
Proceeds from employee stock purchase plan	30	24	21	20	15
Payments of tax withholding for stock-based compensation	−13	−33	−12	−12	−13
Repurchases of common stock, amounts based on settlement date	−555	−162	−173	−521	−211
Dividends paid	−26	−25	−25	−24	−24
Net cash (used in) provided by financing activities	−31	681	185	−67	−74
Effect of exchange rate changes on cash	6	−8	100,000	−5	−3
Net (decrease) increase in cash and cash equivalents	−2	−23	9	29	−69

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro