AutoNation Inc (AN)

Gross profit 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
Gross profit (ttm) US$ in thousands 4,667,200 4,583,400 4,695,200 4,927,300 5,074,100 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
Revenue (ttm) US$ in thousands 26,765,400 26,319,600 26,626,200 27,035,900 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
Gross profit margin 17.44% 17.41% 17.63% 18.23% 18.83% 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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $4,667,200K ÷ $26,765,400K
= 17.44%

AutoNation Inc's gross profit margin has shown a fluctuating trend over the reported periods. Starting from 16.59% in March 2020, the margin increased gradually, reaching a peak of 19.80% in June 2022. However, from that point onwards, the margin started to decline, with a slight increase noted in March 2023. By the end of 2024, the gross profit margin had decreased to 17.44%. Overall, the company's gross profit margin has displayed variability, indicating fluctuations in its ability to generate profits from sales after deducting the direct costs associated with producing goods or services.