Asbury Automotive Group Stock Net Income

ABG Stock  USD 261.30  3.14  1.22%   
Asbury Automotive Group fundamentals help investors to digest information that contributes to Asbury Automotive's financial success or failures. It also enables traders to predict the movement of Asbury Stock. The fundamental analysis module provides a way to measure Asbury Automotive's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Asbury Automotive stock.
Last ReportedProjected for Next Year
Net Income602.5 M632.6 M
Net Income Applicable To Common Shares1.1 B1.2 B
Net Income From Continuing Ops900.2 M945.2 M
Net Income Per Share 28.83  30.27 
Net Income Per E B T 0.75  0.50 
At this time, Asbury Automotive's Net Income From Continuing Ops is most likely to increase significantly in the upcoming years. The Asbury Automotive's current Net Income Per Share is estimated to increase to 30.27, while Net Income Per E B T is projected to decrease to 0.50.
  
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Asbury Automotive Group Company Net Income Analysis

Asbury Automotive's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Asbury Automotive Net Income

    
  602.5 M  
Most of Asbury Automotive's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Asbury Automotive Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Asbury Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Asbury Automotive is extremely important. It helps to project a fair market value of Asbury Stock properly, considering its historical fundamentals such as Net Income. Since Asbury Automotive's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Asbury Automotive's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Asbury Automotive's interrelated accounts and indicators.

Asbury Net Income Historical Pattern

Today, most investors in Asbury Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Asbury Automotive's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Asbury Automotive net income as a starting point in their analysis.
   Asbury Automotive Net Income   
       Timeline  
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Asbury Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

64.16 Million

At this time, Asbury Automotive's Accumulated Other Comprehensive Income is most likely to increase significantly in the upcoming years.
Based on the recorded statements, Asbury Automotive Group reported net income of 602.5 M. This is 17.99% higher than that of the Specialty Retail sector and 116.74% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 5.52% lower than that of the firm.

Asbury Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asbury Automotive's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asbury Automotive could also be used in its relative valuation, which is a method of valuing Asbury Automotive by comparing valuation metrics of similar companies.
Asbury Automotive is currently under evaluation in net income category among its peers.

Asbury Automotive ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Asbury Automotive's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Asbury Automotive's managers, analysts, and investors.
Environmental
Governance
Social

Asbury Automotive Institutional Holders

Institutional Holdings refers to the ownership stake in Asbury Automotive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Asbury Automotive's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Asbury Automotive's value.
Shares
Geode Capital Management, Llc2024-09-30
466.6 K
Jpmorgan Chase & Co2024-06-30
319.7 K
Madison Asset Management, Llc2024-09-30
306.6 K
T. Rowe Price Investment Management,inc.2024-09-30
277.2 K
Channing Capital Management, Llc2024-09-30
275.6 K
Norges Bank2024-06-30
262.5 K
Northern Trust Corp2024-09-30
219.1 K
Charles Schwab Investment Management Inc2024-09-30
208.5 K
Bank Of New York Mellon Corp2024-06-30
197.8 K
Blackrock Inc2024-06-30
3.1 M
Vanguard Group Inc2024-09-30
2.2 M

Asbury Fundamentals

About Asbury Automotive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Asbury Automotive Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asbury Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asbury Automotive Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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:
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.