Logo

AN

AutoNation, Inc.

AN

AutoNation, Inc. • NYSE
$211.29 ▲ 0.33% (+0.70)
Market Cap $8.15 B
52w High $228.92
52w Low $148.33
Dividend Yield 0%
P/E 12.45
Volume 181.65K
Outstanding Shares 38.55M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $7.037B ▲ $850.1M ▼ $215.1M ▲ 3.057% ▲ $5.65 ▲ $444.4M ▲
Q2-2025 $6.974B ▲ $1.058B ▲ $86.4M ▼ 1.239% ▼ $2.29 ▼ $311.6M ▼
Q1-2025 $6.69B ▼ $883.9M ▼ $175.5M ▼ 2.623% ▲ $4.5 ▼ $398.5M ▼
Q4-2024 $7.213B ▲ $902.1M ▲ $186.1M ▲ 2.58% ▼ $4.66 $441.3M ▲
Q3-2024 $6.586B $832.1M $185.8M 2.821% $4.66 $414.1M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $124.1M ▲ $14.2B ▲ $11.689B ▲ $2.512B ▲
Q2-2025 $62.9M ▼ $13.571B ▲ $11.101B ▲ $2.47B ▲
Q1-2025 $70.5M ▲ $13.326B ▲ $10.922B ▲ $2.403B ▼
Q4-2024 $59.8M ▼ $13.002B ▲ $10.544B ▲ $2.457B ▲
Q3-2024 $60.2M $12.907B $10.535B $2.371B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $322.4M ▲ $191.7M ▲ $-319.1M ▼ $156M ▼ $28.6M ▲ $122.8M ▲
Q2-2025 $86.4M ▼ $-177.8M ▼ $-74.4M ▲ $220.2M ▲ $-32M ▼ $-256.8M ▼
Q1-2025 $175.5M ▼ $-52.5M ▼ $-136.1M ▼ $214.6M ▲ $26M ▲ $-127.7M ▼
Q4-2024 $186.1M ▲ $149.8M ▲ $44.3M ▼ $-189.1M ▼ $5M ▲ $83.5M ▲
Q3-2024 $185.8M $-70M $104.4M $-45.8M $-11.4M $-151M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Finance and Insurance Net
Finance and Insurance Net
 $370.00M ▲$350.00M ▼$370.00M ▲$370.00M ▲
New Vehicle
New Vehicle
 $3.78Bn ▲$3.25Bn ▼$3.40Bn ▲$3.42Bn ▲
Parts and Service
Parts and Service
 $1.15Bn ▲$1.16Bn ▲$1.22Bn ▲$1.23Bn ▲
Product and Service Other
Product and Service Other
 $10.00M ▲$0 ▼$0 ▲$10.00M ▲
Used Vehicle
Used Vehicle
 $1.91Bn ▲$1.92Bn ▲$1.99Bn ▲$2.02Bn ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been broadly flat for several years after a sharp pandemic-era run‑up, which suggests the topline has stabilized rather than continuing to grow. The bigger story is on profitability: margins that were very strong in 2021–2022 have been narrowing, with operating profit and net income stepping down in each of the last two years. This looks like a normalization from unusually favorable conditions in the used and new car markets back toward more typical dealership economics. Earnings per share remain high but are declining, which likely reflects a combination of lower profits and ongoing share repurchases. Overall, the business is still profitable, but the trend points to pressure on pricing and margins as the auto market becomes more competitive and less constrained by supply.

Balance Sheet

Balance Sheet The balance sheet shows a business that is asset‑heavy and increasingly leveraged. Total assets have grown steadily, reflecting more locations, inventory, and investments in the model. At the same time, debt has risen faster than equity, leaving the company operating with a fairly high debt load relative to its book value. Cash on hand is quite thin for a company of this size, which is common in auto retailing but still leaves less of a buffer if conditions deteriorate. The result is a structure that can support scale and returns in good times but carries sensitivity to downturns or sustained margin pressure.

Cash Flow

Cash Flow Cash generation has been volatile. After very strong operating cash flows during the peak years of the auto cycle, cash inflow from operations has dropped sharply more recently. Free cash flow has moved from comfortably positive to roughly breakeven, as lower cash earnings intersect with a gradually rising level of capital spending. The company is still investing in its network and digital capabilities, but it has less surplus cash to deploy than in prior years. In a cyclical industry, this swing in cash flow is an important watchpoint because it affects flexibility for debt reduction, buybacks, or further expansion.

Competitive Edge

Competitive Edge AutoNation benefits from being one of the largest auto retailers in the U.S., with a wide geographic footprint and a recognized brand. Its key competitive edge today comes from combining that physical scale with a well-developed digital and omnichannel sales experience, which allows customers to move seamlessly between online browsing and in‑store transactions. Operational efficiency improvements and strong customer satisfaction scores support its position versus smaller local dealerships and more narrowly focused online players. However, the broader auto retail market is highly competitive and cyclical, and margins are increasingly pressured as supply normalizes and more competitors improve their own digital tools.

Innovation and R&D

Innovation and R&D The company is leaning heavily into digital innovation rather than traditional R&D. Its online buying platform, data‑driven customer tools, AI‑enhanced engagement, and conversation analytics all aim to make selling and servicing vehicles more efficient and personalized. It is also broadening the model beyond simple vehicle sales through mobile service, an online parts marketplace, and a structured certified pre‑owned program. On top of this, AutoNation is making a meaningful push into electric vehicles, with growing EV sales, inventory, and charging infrastructure at dealerships. The opportunity is to turn these initiatives into more recurring, service‑oriented revenue and a stickier customer base, though execution risk remains as technology, consumer preferences, and the EV market continue to evolve.

Summary

AutoNation has transitioned from an exceptional profit period to a more normal and somewhat pressured earnings environment, with flat revenue and narrowing margins. Its balance sheet supports scale but carries elevated leverage and limited cash, which increases sensitivity to the auto cycle. Cash flow has come off prior highs and is now much tighter, limiting financial flexibility compared with a few years ago. Competitively, the company’s size, brand, and integrated digital–physical model provide real advantages, especially as car buyers increasingly start and often complete their journey online. Its strategic bets on digital tools, services, and EVs aim to build a more durable, customer‑centric business. The key uncertainties are how well it can sustain margins and cash generation in a more competitive, less supply‑constrained market while managing leverage and continuing to fund its innovation agenda.

NEWS

October 31, 2025 · 9:15 AM UTC

AutoNation Board Authorizes Additional $1 Billion for Share Repurchase

Read more

October 23, 2025 · 6:58 AM UTC

AutoNation Reports Third Quarter 2025 Results

Read more

October 7, 2025 · 4:15 PM UTC

AutoNation Announces Third Quarter 2025 Earnings Conference Call and Audio Webcast Scheduled for Thursday, October 23, 2025

Read more

September 25, 2025 · 4:15 PM UTC

AutoNation Delivers Hope and Comfort to Cancer Patients Nationwide

Read more

September 19, 2025 · 5:19 PM UTC

AutoNation Opens State-of-the-Art Porsche Newport Beach Location

Read more