AutoNation Inc (AN)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 4,785,400 | 5,131,500 | 5,265,300 | 4,952,600 | 3,566,400 |
| Revenue | US$ in thousands | 26,765,400 | 26,948,900 | 26,985,000 | 25,844,000 | 20,390,000 |
| Gross profit margin | 17.88% | 19.04% | 19.51% | 19.16% | 17.49% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $4,785,400K ÷ $26,765,400K
= 17.88%
AutoNation Inc's gross profit margin has shown a fluctuating trend over the past five years. Starting at 17.49% on December 31, 2020, it increased to 19.16% by December 31, 2021, indicating improved efficiency in generating gross profit from sales. The trend continued to rise to 19.51% by December 31, 2022, reaching its peak during this period. However, there was a slight dip in the gross profit margin to 19.04% by December 31, 2023, before decreasing further to 17.88% by December 31, 2024. Despite the decrease in the last year, it is essential for AutoNation Inc to closely monitor and manage its cost of goods sold to sustain and potentially improve its gross profit margin in the future.
Peer comparison
Dec 31, 2024