Asbury Automotive Group Inc (ABG)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	602,500	900,200	936,000	941,000	997,300	784,600	726,600	677,300	532,400	481,000	430,200	327,700	254,400	208,900	157,700	163,000	184,400	181,200	180,500	168,800
Revenue (ttm)	US$ in thousands	14,802,700	14,696,900	14,896,600	15,104,200	15,433,700	14,382,600	12,922,800	11,556,700	9,837,800	9,417,000	8,856,300	7,717,400	7,131,800	6,791,800	6,788,400	7,146,800	7,210,300	7,100,500	7,015,900	6,936,000
Net profit margin		4.07%	6.13%	6.28%	6.23%	6.46%	5.46%	5.62%	5.86%	5.41%	5.11%	4.86%	4.25%	3.57%	3.08%	2.32%	2.28%	2.56%	2.55%	2.57%	2.43%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $602,500K ÷ $14,802,700K
= 4.07%

The net profit margin of Asbury Automotive Group Inc has shown some fluctuation over the past eight quarters. In Q4 2023, the net profit margin was at 4.07%, which was lower compared to the previous quarter at 6.13% in Q3 2023. However, the net profit margin remained relatively stable around the 6% range during the first half of 2023, with values of 6.28% in Q2 2023 and 6.23% in Q1 2023.

Comparing these values to the same quarters in the previous year, there is a slight decline in net profit margin from Q4 2022 (6.46%) to Q4 2023 (4.07%). However, the net profit margin improved in Q2 2023 (6.28%) compared to the same quarter in 2022 (5.62%). Overall, the net profit margin of Asbury Automotive Group Inc has shown some variability, which may be influenced by various factors such as changes in revenues, expenses, and operational efficiency.