AutoNation Inc (AN)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 5,131,500 | 5,198,200 | 5,216,400 | 5,242,800 | 5,265,300 | 5,305,000 | 5,264,100 | 5,228,700 | 4,952,600 | 4,617,700 | 4,317,300 | 3,786,000 | 3,566,400 | 3,475,300 | 3,391,200 | 3,487,000 | 3,523,000 | 3,475,300 | 3,443,200 | 3,404,200 |
| Revenue (ttm) | US$ in thousands | 26,948,900 | 26,878,500 | 26,651,800 | 26,630,900 | 26,985,000 | 26,870,300 | 26,583,800 | 26,693,000 | 25,844,000 | 25,046,800 | 24,072,200 | 21,626,800 | 20,390,000 | 20,153,800 | 20,210,100 | 21,020,900 | 21,335,700 | 21,198,500 | 21,086,500 | 21,134,700 |
| Gross profit margin | 19.04% | 19.34% | 19.57% | 19.69% | 19.51% | 19.74% | 19.80% | 19.59% | 19.16% | 18.44% | 17.93% | 17.51% | 17.49% | 17.24% | 16.78% | 16.59% | 16.51% | 16.39% | 16.33% | 16.11% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $5,131,500K ÷ $26,948,900K
= 19.04%
Autonation Inc.'s gross profit margin has been relatively stable over the last eight quarters, fluctuating between 19.04% and 19.80%. The margins have generally remained above 19%, indicating the company's ability to effectively control its cost of goods sold and generate profits from sales. While there have been minor fluctuations, the overall trend suggests a consistent performance in managing production and operational costs to sustain profitability. This demonstrates Autonation Inc.'s operational efficiency in maintaining healthy margins in its business operations.
Peer comparison
Dec 31, 2023