Asbury Gross Profit from 2010 to 2024

ABG Stock  USD 261.30  3.14  1.22%   
Asbury Automotive's Gross Profit is increasing over the last several years with slightly volatile swings. Gross Profit is estimated to finish at about 2.9 B this year. Gross Profit is the profit Asbury Automotive Group makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-12-31
Previous Quarter
712.3 M
Current Value
699.2 M
Quarterly Volatility
185.2 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.8 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Asbury Automotive Group over the last few years. Gross profit is a required income statement account that reflects total revenue of Asbury Automotive Group minus its cost of goods sold. It is profit before Asbury Automotive operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Asbury Automotive's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 3.1 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Asbury Gross Profit Regression Statistics

Arithmetic Mean1,379,579,267
Geometric Mean1,036,245,426
Coefficient Of Variation63.96
Mean Deviation684,516,391
Median1,060,800,000
Standard Deviation882,433,274
Sample Variance778688.5T
Range3.1B
R-Value0.89
Mean Square Error179340T
R-Squared0.79
Significance0.000011
Slope174,951,204
Total Sum of Squares10901638.8T

Asbury Gross Profit History

20242.9 B
20232.8 B
20223.1 B
20211.9 B
20201.2 B
20191.2 B
20181.1 B

Other Fundumenentals of Asbury Automotive

Asbury Automotive Gross Profit component correlations

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About Asbury Automotive Financial Statements

Asbury Automotive stakeholders use historical fundamental indicators, such as Asbury Automotive's Gross Profit, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asbury Automotive's assets and liabilities are reflected in the revenues and expenses on Asbury Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Asbury Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.8 B2.9 B
Gross Profit Margin 0.19  0.13 

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
17.82
Revenue Per Share
815.614
Quarterly Revenue Growth
0.156
Return On Assets
0.0663
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.