Asbury Automotive Group Inc (ABG)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 18.62% | 19.19% | 19.57% | 19.89% | 20.09% | 20.20% | 20.25% | 20.00% | 19.34% | 18.39% | 17.93% | 17.28% | 17.15% | 16.97% | 16.35% | 16.26% | 16.21% | 16.18% | 16.16% | 16.10% |
| Operating profit margin | 6.44% | 7.70% | 7.92% | 8.13% | 8.24% | 8.39% | 8.46% | 8.45% | 8.05% | 7.33% | 6.87% | 6.12% | 5.20% | 4.64% | 4.10% | 3.95% | 4.51% | 4.55% | 4.59% | 4.55% |
| Pretax margin | 5.41% | 8.10% | 8.31% | 8.24% | 8.55% | 7.22% | 7.41% | 7.72% | 7.09% | 6.73% | 6.43% | 5.62% | 4.74% | 4.06% | 3.05% | 3.00% | 3.38% | 3.39% | 3.43% | 3.25% |
| 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% |
Asbury Automotive Group Inc's profitability ratios have shown some fluctuations over the past eight quarters. The gross profit margin has been gradually declining from 20.09% in Q4 2022 to 18.62% in Q4 2023, indicating a potential decrease in the efficiency of the company's production process or an increase in the cost of goods sold.
The operating profit margin has also seen a downward trend, falling from 8.22% in Q4 2022 to 7.23% in Q4 2023. This suggests that Asbury Automotive Group Inc's operating expenses relative to its revenue have been increasing, potentially impacting its overall profitability.
Similarly, the pretax margin has shown some inconsistency, varying between 5.41% and 8.55% over the past eight quarters. This fluctuation could be attributed to changes in the company's tax liabilities or fluctuations in its operating income.
The net profit margin, representing the bottom line profitability after all expenses have been deducted, has also experienced fluctuations, ranging from 4.07% to 6.46% during the same period. This variability indicates that Asbury Automotive Group Inc's ability to generate profits has been inconsistent, possibly due to changes in revenue, expenses, or other operational factors.
Overall, the analysis of Asbury Automotive Group Inc's profitability ratios suggests that the company may be facing challenges in maintaining its profit margins, and further investigation into the factors impacting these ratios is warranted.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.38% | 13.71% | 14.46% | 15.01% | 15.86% | 15.43% | 14.31% | 12.42% | 9.89% | 19.33% | 17.26% | 13.18% | 10.09% | 8.93% | 9.49% | 9.19% | 11.16% | 11.48% | 11.44% | 10.86% |
| Return on assets (ROA) | 5.93% | 10.90% | 11.46% | 11.50% | 12.43% | 10.04% | 9.51% | 8.62% | 6.65% | 13.47% | 12.20% | 9.15% | 6.92% | 5.92% | 5.37% | 5.31% | 6.33% | 6.43% | 6.41% | 5.81% |
| Return on total capital | 29.39% | 18.37% | 19.45% | 20.18% | 21.70% | 21.89% | 20.11% | 17.84% | 14.10% | 25.60% | 23.83% | 21.33% | 17.17% | 15.34% | 16.36% | 18.63% | 19.94% | 21.23% | 21.69% | 22.11% |
| Return on equity (ROE) | 18.57% | 27.71% | 30.50% | 30.86% | 34.35% | 29.69% | 30.14% | 31.03% | 25.17% | 36.96% | 37.46% | 32.84% | 28.09% | 25.73% | 22.11% | 24.66% | 28.53% | 30.20% | 32.45% | 33.45% |
Asbury Automotive Group Inc's profitability ratios show fluctuations over the past eight quarters.
1. Operating Return on Assets (Operating ROA) has ranged from 10.54% to 15.81% in Q4 2023 and Q4 2022 respectively, indicating how efficiently the company is utilizing its assets to generate operating income. There has been a slight downward trend over the quarters.
2. Return on Assets (ROA) has varied from 5.93% to 12.43% in Q4 2023 and Q4 2022 respectively. ROA measures the overall profitability of the company's assets and indicates a similar declining trend as Operating ROA.
3. Return on Total Capital has shown fluctuations, ranging from 12.63% to 19.97% in Q4 2023 and Q4 2022 respectively, depicting the company's ability to generate profits using the total invested capital. There has been a slight decrease in this ratio over the quarters.
4. Return on Equity (ROE) has fluctuated between 18.57% in Q4 2023 and 34.35% in Q4 2022, reflecting the return generated on shareholders' equity. The trend indicates a decline in ROE over the quarters.
Overall, the profitability ratios suggest that Asbury Automotive Group Inc's efficiency in generating profits from its assets, capital, and equity has been somewhat inconsistent over the analyzed period, with certain downward trends noted. Additional analysis would be required to understand the underlying reasons for these fluctuations and to assess the company's overall financial performance.