Asbury Automotive Group Inc (ABG)

Pretax margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	575,200	479,100	535,400	758,500	801,200	1,190,100	1,237,200	1,243,800	1,319,000	1,038,200	957,800	892,000	697,700	633,800	569,000	433,400	338,100	275,500	207,100	214,300
Revenue (ttm)	US$ in thousands	17,188,300	16,495,500	15,925,000	15,421,400	14,802,600	14,696,900	14,896,700	15,104,500	15,434,000	14,382,800	12,922,800	11,556,600	9,837,700	9,416,900	8,856,300	7,717,400	7,131,800	6,791,800	6,788,400	7,146,800
Pretax margin		3.35%	2.90%	3.36%	4.92%	5.41%	8.10%	8.31%	8.23%	8.55%	7.22%	7.41%	7.72%	7.09%	6.73%	6.42%	5.62%	4.74%	4.06%	3.05%	3.00%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $575,200K ÷ $17,188,300K
= 3.35%

Asbury Automotive Group Inc's pretax margin has exhibited fluctuations over the indicated quarters. It started at 3.00% on March 31, 2020, gradually increasing to 8.55% by December 31, 2022. Subsequently, there was a slight decline to 5.41% on March 31, 2023. The pretax margin fluctuated over the next few quarters, reaching its peak at 8.31% on June 30, 2023.

However, there was a noticeable decline in the pretax margin in the later quarters, dropping to 2.90% on September 30, 2024, before slightly recovering to 3.35% by December 31, 2024. These fluctuations in pretax margin indicate variations in Asbury Automotive Group Inc's profitability before taxes, reflecting potential shifts in operational efficiency, cost management, and revenue generation strategies. Further analysis and comparison with industry benchmarks may provide valuable insights into the company's performance and competitiveness in the market.