Asbury Automotive Group Inc (ABG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 835,600 | 1,074,800 | 1,272,600 | 791,800 | 370,800 |
| Revenue | US$ in thousands | 17,188,600 | 14,802,700 | 15,433,900 | 9,837,700 | 7,131,800 |
| Operating profit margin | 4.86% | 7.26% | 8.25% | 8.05% | 5.20% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $835,600K ÷ $17,188,600K
= 4.86%
Asbury Automotive Group Inc's operating profit margin has shown varying levels over the past five years. The margin increased from 5.20% as of December 31, 2020, to 8.05% as of December 31, 2021, indicating improved operational efficiency and profitability. This trend continued into 2022, with the margin further rising to 8.25%, reflecting strong performance in managing operating expenses relative to revenue.
However, the operating profit margin experienced a slight decline in 2023, dropping to 7.26%, which may suggest challenges in maintaining profitability amidst evolving market conditions or increased costs. Subsequently, by December 31, 2024, the margin decreased further to 4.86%, signaling a significant decline in operational profitability compared to previous years.
Overall, while Asbury Automotive Group Inc initially demonstrated positive growth in its operating profit margin, the subsequent fluctuations highlight the importance of continuously monitoring and managing operating performance to sustain profitability in the long term.
Peer comparison
Dec 31, 2024