Asbury Automotive (ABG)


Market Price (8/19/2026): $204.05 | Market Cap: $3.7 BilSector: Consumer Discretionary | Industry: Automotive Retail

Asbury Automotive (ABG)


Market Price (8/19/2026): $204.05
Market Cap: $3.7 Bil
Sector: Consumer Discretionary
Industry: Automotive Retail

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.2%, FCF Yield is 13%

Low stock price volatility
Vol 12M is 32%

Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Experiential Retail, Show more.

Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -82%

Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 147%

Key risks
ABG key risks include [1] an FTC lawsuit alleging deceptive and discriminatory sales practices and [2] operational disruptions from the major cyber-attack on its key vendor, Show more.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 14%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 9.2%, FCF Yield is 13%
1 Low stock price volatility
Vol 12M is 32%
2 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Experiential Retail, Show more.
3 Weak multi-year price returns
2Y Excs Rtn is -53%, 3Y Excs Rtn is -82%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 147%
5 Key risks
ABG key risks include [1] an FTC lawsuit alleging deceptive and discriminatory sales practices and [2] operational disruptions from the major cyber-attack on its key vendor, Show more.

ABG in ETFs

Weight = ABG's share of each fund

VTI0.01%
ITOT0.01%
IWM0.13%
IJR0.21%
VB0.05%
VIOV0.47%
IJS0.41%
SLYV0.41%
+12 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/11/2026

Asbury Automotive (ABG) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

1. Mixed Fiscal Q2 2026 Financial Results Presented a Balanced Outlook.

Asbury Automotive reported adjusted earnings per share (EPS) of $6.82 for fiscal Q2 2026 (ending June 30, 2026), surpassing the consensus estimate of $6.31. However, quarterly revenue of $4.38 billion fell short of analysts' expectations of $4.49 billion, despite a slight 0.3% increase year-over-year. Additionally, net income decreased by 25% to $115 million compared to fiscal Q2 2025. This combination of an EPS beat and a revenue miss, alongside a decline in net income, likely resulted in a neutral investor reaction, contributing to stable stock movement.

2. Strategic Operational Investments Were Coupled with Near-Term Implementation Costs.

The company continued its strategic rollout of the Tekion dealer management system, which had reached 70% of its store base by July 28, 2026. While management noted that mature markets on the platform showed improved productivity, the implementation incurred temporary frictional costs and duplicated DMS expenses, acting as a short-term headwind to profitability. This balance between long-term strategic benefits and immediate operational costs likely kept the stock from significant upward momentum.

Show more
Updated on 8/11/2026

Asbury Automotive (ABG) stock has remained largely at the same level since 4/30/2026 because of the following key factors:

1. Mixed Fiscal Q2 2026 Financial Results Presented a Balanced Outlook.

Asbury Automotive reported adjusted earnings per share (EPS) of $6.82 for fiscal Q2 2026 (ending June 30, 2026), surpassing the consensus estimate of $6.31. However, quarterly revenue of $4.38 billion fell short of analysts' expectations of $4.49 billion, despite a slight 0.3% increase year-over-year. Additionally, net income decreased by 25% to $115 million compared to fiscal Q2 2025. This combination of an EPS beat and a revenue miss, alongside a decline in net income, likely resulted in a neutral investor reaction, contributing to stable stock movement.

2. Strategic Operational Investments Were Coupled with Near-Term Implementation Costs.

The company continued its strategic rollout of the Tekion dealer management system, which had reached 70% of its store base by July 28, 2026. While management noted that mature markets on the platform showed improved productivity, the implementation incurred temporary frictional costs and duplicated DMS expenses, acting as a short-term headwind to profitability. This balance between long-term strategic benefits and immediate operational costs likely kept the stock from significant upward momentum.

3. Consistent Share Repurchase Activity Provided Price Support.

Asbury Automotive actively repurchased its shares, buying back approximately 668,000 shares for $131 million during fiscal Q2 2026. Year-to-date through June 30, 2026, the company had repurchased approximately 1.35 million shares for $278 million. These substantial buybacks likely helped to support the stock price and mitigate potential downward pressure from other factors.

4. The Automotive Retail Market Exhibited Stable Yet Complex Dynamics.

The broader automotive retail market experienced a period of stabilization. The used car market saw a return to growth, increasing by 0.7% in fiscal Q2 2026 to exceed 2 million sales. Wholesale used-vehicle prices also showed a year-over-year increase of 2.1% in June 2026, and inventory levels for both new and used vehicles improved. However, average new and used vehicle prices declined year-over-year by 2.2% and 2.6% respectively in Canada by June 2026, and consumer affordability remained a top concern. These mixed market signals, indicating stabilization but also persistent challenges, contributed to a largely level trading environment for ABG.

5. Analyst Sentiment Remained Predominantly Neutral.

Analyst ratings for Asbury Automotive during the period largely reflected a "Hold" consensus. While some analysts, such as Morgan Stanley, Citigroup, and Barclays, raised their price targets, others like JP Morgan lowered theirs. This mixed and generally neutral sentiment from analysts, with an average price target implying moderate upside, contributed to the stock's tendency to remain largely at its existing level, as there was no strong consensus for a significant price movement.

Show less
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →

Stock Movement Drivers

Fundamental Drivers

The 0.1% change in ABG stock from 4/30/2026 to 8/18/2026 was primarily driven by a 4.9% change in the company's Shares Outstanding (Mil).
(LTM values as of)43020268182026Change
Stock Price ($)203.69203.940.1%
Change Contribution By: 
Total Revenues ($ Mil)17,99917,975-0.1%
Net Income Margin (%)2.7%2.8%3.7%
P/E Multiple7.97.3-7.8%
Shares Outstanding (Mil)19184.9%
Cumulative Contribution0.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/18/2026
ReturnCorrelation
ABG0.1% 
Market (SPY)6.8%9.1%
Sector (XLY)-1.7%34.7%

Fundamental Drivers

The -13.0% change in ABG stock from 1/31/2026 to 8/18/2026 was primarily driven by a -10.2% change in the company's P/E Multiple.
(LTM values as of)13120268182026Change
Stock Price ($)234.51203.94-13.0%
Change Contribution By: 
Total Revenues ($ Mil)17,82717,9750.8%
Net Income Margin (%)3.1%2.8%-9.9%
P/E Multiple8.27.3-10.2%
Shares Outstanding (Mil)20186.6%
Cumulative Contribution-13.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 8/18/2026
ReturnCorrelation
ABG-13.0% 
Market (SPY)11.2%20.3%
Sector (XLY)-3.8%38.4%

Fundamental Drivers

The -8.2% change in ABG stock from 7/31/2025 to 8/18/2026 was primarily driven by a -9.6% change in the company's P/E Multiple.
(LTM values as of)73120258182026Change
Stock Price ($)222.12203.94-8.2%
Change Contribution By: 
Total Revenues ($ Mil)17,26317,9754.1%
Net Income Margin (%)3.1%2.8%-9.4%
P/E Multiple8.17.3-9.6%
Shares Outstanding (Mil)20187.7%
Cumulative Contribution-8.2%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 8/18/2026
ReturnCorrelation
ABG-8.2% 
Market (SPY)22.4%28.2%
Sector (XLY)5.7%41.2%

Fundamental Drivers

The -9.6% change in ABG stock from 7/31/2023 to 8/18/2026 was primarily driven by a -54.9% change in the company's Net Income Margin (%).
(LTM values as of)73120238182026Change
Stock Price ($)225.60203.94-9.6%
Change Contribution By: 
Total Revenues ($ Mil)14,89717,97520.7%
Net Income Margin (%)6.3%2.8%-54.9%
P/E Multiple5.07.345.4%
Shares Outstanding (Mil)211814.2%
Cumulative Contribution-9.6%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2023 to 8/18/2026
ReturnCorrelation
ABG-9.6% 
Market (SPY)73.6%46.4%
Sector (XLY)37.0%51.7%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
ABG Return19%4%26%8%-4%-10%43%
Peers Return47%-7%46%15%3%10%160%
S&P 500 Return27%-19%24%23%16%13%106%

Monthly Win Rates [3]
ABG Win Rate50%50%67%33%33%50% 
Peers Win Rate60%53%60%53%52%48% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
ABG Max Drawdown-31%-30%-26%-21%-31%-31% 
Peers Max Drawdown-22%-32%-26%-18%-25%-27% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: LAD, PAG, AN, GPI, SAH.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/18/2026 (YTD)

How Low Can It Go

EventABGS&P 500
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-15.3%-9.5%
  % Gain to Breakeven18.1%10.5%
  Time to Breakeven20 days24 days
2023 SVB Regional Banking Crisis
  % Loss-19.9%-6.7%
  % Gain to Breakeven24.8%7.1%
  Time to Breakeven62 days31 days
2022 Inflation Shock & Fed Tightening
  % Loss-19.0%-24.5%
  % Gain to Breakeven23.5%32.4%
  Time to Breakeven21 days427 days
2020 COVID-19 Crash
  % Loss-57.4%-33.7%
  % Gain to Breakeven134.9%50.9%
  Time to Breakeven103 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-10.3%-19.2%
  % Gain to Breakeven11.5%23.8%
  Time to Breakeven5 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-10.5%-3.7%
  % Gain to Breakeven11.7%3.9%
  Time to Breakeven11 days6 days

Compare to LAD, PAG, AN, GPI, SAH

In The Past

Asbury Automotive's stock fell -1.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 1.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventABGS&P 500
2020 COVID-19 Crash
  % Loss-57.4%-33.7%
  % Gain to Breakeven134.9%50.9%
  Time to Breakeven103 days140 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-46.8%-12.2%
  % Gain to Breakeven88.0%13.9%
  Time to Breakeven1247 days62 days
2014-2016 Oil Price Collapse
  % Loss-35.3%-6.8%
  % Gain to Breakeven54.6%7.3%
  Time to Breakeven706 days15 days
2011 US Debt Ceiling Crisis & European Contagion
  % Loss-23.8%-17.9%
  % Gain to Breakeven31.3%21.8%
  Time to Breakeven21 days123 days
2010 Eurozone Sovereign Debt Crisis / Flash Crash
  % Loss-34.9%-15.4%
  % Gain to Breakeven53.7%18.2%
  Time to Breakeven121 days125 days
2008-2009 Global Financial Crisis
  % Loss-86.5%-53.4%
  % Gain to Breakeven639.4%114.4%
  Time to Breakeven327 days1085 days

Compare to LAD, PAG, AN, GPI, SAH

In The Past

Asbury Automotive's stock fell -1.8% during the 2024 Yen Carry Trade Unwind. Such a loss loss requires a 1.8% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Asbury Automotive (ABG)

Asbury Automotive Group (ABG) operates as a prominent automotive retailer across the United States. The company's core business involves the sale of both new and used vehicles, offering a wide selection of models from 31 distinct automotive brands through its extensive network of dealerships.

Beyond vehicle sales, Asbury Automotive provides a comprehensive suite of related products and services designed to support the entire vehicle ownership lifecycle. This includes essential vehicle repair and maintenance services, the sale of replacement parts, and collision repair services offered through its dedicated centers. Additionally, the company offers various finance and insurance (F&I) products, such as arranging vehicle financing through third parties and providing aftermarket options like extended service contracts, guaranteed asset protection (GAP), and prepaid maintenance plans.

The primary customers for Asbury Automotive are individual consumers and businesses located throughout the United States seeking to purchase vehicles, or requiring ongoing maintenance, repair, or collision services for their existing vehicles. As of late 2021, ABG's operations included 205 new vehicle franchises across 155 dealership locations and 35 collision centers, positioning it as a full-service provider for vehicle acquisition and care in its served markets.

AI Analysis | Feedback

1. Best Buy for cars

2. Marriott for car dealerships

AI Analysis | Feedback

  • New Vehicles: Sale of new cars, trucks, and other automobiles.
  • Used Vehicles: Sale of pre-owned cars, trucks, and other automobiles.
  • Vehicle Repair & Maintenance Services: Services for the upkeep, diagnosis, and repair of vehicles.
  • Replacement Parts: Sale of genuine and aftermarket parts for vehicle repairs and maintenance.
  • Collision Repair Services: Services focused on repairing vehicles that have sustained accident damage.
  • Vehicle Financing: Arranging financing options for customers purchasing vehicles through third-party lenders.
  • Aftermarket Insurance & Service Products: Offerings such as extended service contracts, guaranteed asset protection (GAP) debt cancellation, prepaid maintenance plans, and credit life/disability insurance.

AI Analysis | Feedback

Asbury Automotive (ABG) primarily sells to individual consumers rather than other companies. Based on its operations as an automotive retailer with dealerships and collision centers, its major customer categories include:

  • New Vehicle Purchasers: Individuals seeking to purchase brand new cars, trucks, and SUVs, often looking for the latest models, features, and manufacturer warranties.
  • Used Vehicle Purchasers: Individuals looking for pre-owned vehicles, typically seeking a more economical option or a specific model no longer available new.
  • Vehicle Service and Parts Customers: Vehicle owners (both those who purchased from Asbury and those who did not) who require routine maintenance, vehicle repairs, collision repair services, or replacement parts for their automobiles. This category also includes customers purchasing aftermarket products like extended service contracts.

AI Analysis | Feedback

  • General Motors Company (NYSE: GM)
  • Stellantis N.V. (NYSE: STLA)
  • Ford Motor Company (NYSE: F)
  • Honda Motor Co., Ltd. (NYSE: HMC)
  • Volkswagen AG (OTC: VWAGY)
  • Hyundai Motor Company (OTC: HYMTF)
  • Toyota Motor Corporation (NYSE: TM)
  • Nissan Motor Co., Ltd. (OTC: NSANY)
  • Bayerische Motoren Werke AG (OTC: BMWYY)
  • Mercedes-Benz Group AG (OTC: MBGYY)
  • Tata Motors Limited (NYSE: TTM)
  • Mazda Motor Corporation (OTC: MZDAY)
  • Subaru Corporation (OTC: FUJHY)
  • Mitsubishi Motors Corporation (OTC: MMTOF)
  • Volvo Car AB (OTC: VOLVF)

AI Analysis | Feedback

Here is the management team for Asbury Automotive (ABG):

David W. Hult

President & Chief Executive Officer

David W. Hult joined Asbury Automotive in 2014, serving as Executive Vice President and Chief Operating Officer before being appointed President and Chief Executive Officer in January 2018. Under his leadership, Asbury has undergone significant expansion, including the acquisition of Larry H. Miller Dealerships. Prior to his tenure at Asbury, Mr. Hult was the Chief Operating Officer for RLJ McLarty Landers. He also held several positions at Group 1 Automotive, Inc., including Vice President of Fixed Operations & Marketing and Regional Vice President (East). Mr. Hult is an alumnus of Harvard Business School. He is expected to transition to the role of Executive Chairman in May 2026.

Daniel Clara

Chief Operating Officer

Daniel Clara is the Chief Operating Officer of Asbury Automotive Group, a role he assumed in February 2025. He will succeed David W. Hult as President and Chief Executive Officer in May 2026. Mr. Clara began his career with Asbury in July 2002 as a client advisor in a Management in Training program. Over his more than two decades at the company, he has advanced through numerous leadership positions, including sales advisor, F&I manager, new car manager, used car manager, general sales manager, general manager, market director, regional vice president, and Senior Vice President of Operations. He is responsible for driving operational excellence and profitable growth initiatives. Mr. Clara earned his bachelor's degree in International Business from Northwood University.

Michael Welch

Senior Vice President, Chief Financial Officer

Michael Welch was appointed Senior Vice President and Chief Financial Officer of Asbury Automotive Group in August 2021. He brings over 20 years of experience in the automotive retail industry to his role. Before joining Asbury, Mr. Welch served as Vice President and Corporate Controller at Group 1 Automotive, Inc. from June 2019. He held various roles of increasing responsibility at Group 1 Automotive from June 2000 to June 2019, gaining extensive experience in financial management, treasury, accounting, and auditing. Mr. Welch started his career at Price Waterhouse and is a Certified Public Accountant (CPA) in Texas.

Jed Milstein

Senior Vice President & Chief Human Resources Officer

Jed Milstein serves as the Senior Vice President and Chief Human Resources Officer for Asbury Automotive Group, a position he has held since January 2018, having joined the company in July 2016 as Vice President & CHRO. Prior to Asbury, Mr. Milstein was the Chief Human Resources Officer and Executive Vice President of AmeriCold Logistics, LLC from May 2013 to July 2016, and Executive Vice President of Human Resources for TransCentra. Notably, he also served as Lead Human Resource Executive for Cerberus Operations and Advisory Company, where he provided strategic human resource leadership to several Cerberus portfolio companies, indicating a pattern of managing companies backed by private equity firms. Earlier in his career, he was a Deputy Attorney General for the State of New Jersey. Mr. Milstein holds a J.D. from George Washington University Law School and a BBA from the University of Michigan.

Dean Calloway

Senior Vice President, General Counsel & Secretary

Dean Calloway was appointed Senior Vice President, General Counsel & Secretary of Asbury Automotive Group in July 2024. He joined Asbury in October 2013 as Assistant General Counsel and advanced through several legal roles, including Associate General Counsel and Vice President and Associate General Counsel. In his role, he advises on a broad range of legal matters including automotive franchise law, corporate governance, litigation, regulatory compliance, cybersecurity, and human resources. Before joining Asbury, Mr. Calloway was a litigation partner in the Atlanta office of an Am Law 15 firm. He holds a J.D. from The Law School at the University of Chicago, an M.S. from Carnegie Mellon University, and a B.S. from the University of Washington.

AI Analysis | Feedback

Asbury Automotive Group (ABG) faces several key risks that could impact its business operations and financial performance. These risks stem from broader economic factors, the company's strategic growth initiatives, and evolving industry dynamics.

  1. Macroeconomic Headwinds and Interest Rate Fluctuations: As an automotive retailer, Asbury Automotive Group is highly susceptible to macroeconomic conditions, including the potential for a U.S. recession and changes in interest rates. A challenging economic backdrop, characterized by elevated uncertainty and job market weakness, can directly impact consumer spending on big-ticket items like vehicles. Slower Federal Reserve rate cuts or rising interest rates can increase financing costs for consumers, making vehicle purchases less affordable and dampening overall demand. This directly affects vehicle sales, which are a core revenue stream for the company.

  2. Acquisition Integration Challenges and High Indebtedness: Asbury Automotive Group has pursued an aggressive acquisition strategy to drive growth, such as the acquisition of The Herb Chambers Companies. While acquisitions expand its footprint, they also present significant integration risks. Successfully assimilating acquired businesses and realizing anticipated benefits and synergies requires meticulous management, and failure to do so can lead to increased expenses or unanticipated liabilities. Furthermore, the company carries a substantial amount of total debt, which could limit its future financial flexibility and increase its vulnerability to economic downturns or further increases in interest rates.

  3. Pressure on Vehicle Profit Margins and Industry Transformation: The automotive retail industry is undergoing significant changes, and Asbury Automotive Group is experiencing pressure on its profit margins. The company has seen declining gross profit per unit for both new and used vehicles due to factors like inventory normalization and affordability issues. This margin compression impacts overall profitability. Additionally, the broader industry faces challenges from the ongoing shift towards electric vehicles (EVs) and evolving consumer preferences, which require dealerships to adapt their sales and service models. Intense competition within the highly saturated automotive retail market also contributes to persistent pricing and margin pressures.

AI Analysis | Feedback

Automobile manufacturers adopting direct-to-consumer sales models, bypassing traditional dealerships.

The increasing market share of electric vehicles (EVs), which generally require significantly less maintenance and fewer replacement parts than internal combustion engine vehicles.

AI Analysis | Feedback

Asbury Automotive Group, Inc. (ABG) operates in several key addressable markets within the United States for its automotive products and services:

  • New and Used Vehicle Sales: The United States automotive dealership market is projected to reach USD 3.08 trillion in 2026 and is forecast to grow to USD 3.83 trillion by 2031, with a compound annual growth rate (CAGR) of 4.47% from 2026-2031. Specifically, the used car market in the U.S. reached approximately USD 339.08 billion in 2025 and is projected to grow to nearly USD 568.31 billion by 2035, at a CAGR of 5.30% from 2026-2035. The U.S. light-duty vehicle sales stood at 15.85 million units in 2024.
  • Vehicle Repair and Maintenance Services & Replacement Parts Sales: The U.S. automotive aftermarket, which includes both parts and service, reached USD 260 billion in 2024 and is estimated to reach USD 348 billion by 2032, growing at a CAGR of 3.7% between 2025-2032. Another source indicates the U.S. automotive aftermarket size was USD 238.40 billion in 2025 and is estimated to surpass around USD 364.49 billion by 2035. The U.S. automotive repair & maintenance service market alone was valued at USD 183.4 billion in 2023 and is estimated to grow at a CAGR of 10.1% between 2024 and 2032. North America commanded 38.10% of the Automotive repair and maintenance service market share in 2025.
  • Collision Repair Services: The U.S. automotive collision repair market was valued at USD 34.73 billion in 2024 and is expected to reach USD 43.32 billion by 2032, growing at a CAGR of 2.80% during the forecast period. Another report stated the U.S. automotive collision repair market generated revenue of USD 37,143.4 million in 2024 and is expected to reach USD 38,950.3 million by 2030, with a CAGR of 0.8% from 2025 to 2030.
  • Finance and Insurance (F&I) Products: North America holds approximately 45% of the Automotive F&I Solution Market Share. The U.S. Automotive F&I Solution Market is projected to achieve USD 857.94736 million in 2026 and is anticipated to grow to USD 1852.94368 million by 2035, expanding at a CAGR of 8.7% over the period 2026–2035. The U.S. automotive finance market was valued at USD 74.33 billion in 2024 and is expected to reach USD 145.95 billion by 2032, growing at a CAGR of 8.80% from 2025-2032.

AI Analysis | Feedback

Asbury Automotive Group (ABG) is expected to drive future revenue growth over the next two to three years through several key strategies:

  1. Strategic Acquisitions and Market Expansion: Asbury Automotive has consistently pursued an aggressive acquisition strategy to expand its geographic footprint and increase its revenue base. A notable example is the acquisition of The Herb Chambers Companies in 2025, which was expected to contribute approximately $3.2 billion in annual revenue. The company aims for a total revenue target of $30 billion by 2030, with strategic acquisitions being a primary component of this growth.
  2. Expansion of Parts and Service Business: This segment is a high-margin, less cyclical, and stable revenue stream for Asbury. The company anticipates mid-single-digit growth in customer-paid services, benefiting from the increasing average age and complexity of vehicles on the road. Investments in collision centers and dealership service departments are expected to capitalize on rising service requirements.
  3. Omnichannel Strategy and Digital Innovation: Asbury is heavily investing in its digital retailing platform, Clicklane, to provide a seamless end-to-end online car-buying and selling experience. This digital platform aims to integrate online and in-store customer journeys. Additionally, the company is rolling out the Tekion dealer management system (DMS) across its dealerships, which is expected to streamline operations, enhance the guest experience, and contribute to efficiency and growth.
  4. Growth in Finance and Insurance (F&I) Products: Asbury focuses on maximizing profit-per-vehicle (PVR) by enhancing its finance and insurance product offerings. The integration of Total Care Auto (TCA) service offerings across its dealership portfolio is expected to bolster F&I revenue streams.

AI Analysis | Feedback

Share Repurchases

  • As of February 25, 2026, Asbury Automotive Group had a total share repurchase authorization of $500 million, following a board approval to increase the program by $424 million. Year-to-date in 2026, the company had spent $100 million to buy back 441,000 shares.
  • In 2025, the company repurchased 1,508,925 shares for $330.29 million under its May 2023 buyback program. Additionally, $99.9 million was used to repurchase 432,752 shares, with $175.9 million remaining authorized for future repurchases by year-end 2025.
  • In 2024, the board increased the share repurchase authorization to $400 million, with approximately 281,000 shares repurchased for $59 million year-to-date. In 2023, a new authorization for up to $250 million was approved, leading to the repurchase of approximately 1.1 million shares for $211 million year-to-date.

Outbound Investments

  • In February 2025, Asbury Automotive Group acquired The Herb Chambers Companies for approximately $1.34 billion, or a net purchase price of $1.45 billion. This acquisition included 33 dealerships, 52 franchises, and three collision centers, which generated $3.2 billion in revenue in 2024, expanding Asbury's presence in the northeastern United States.
  • In September 2023, the company acquired Koons Automotive, diversifying its geographic mix by expanding into the greater Washington-Baltimore region.
  • In December 2021, Asbury Automotive Group completed the acquisitions of Larry H. Miller Dealerships, Landcar, and Stevinson Automotive.

Capital Expenditures

  • Asbury Automotive Group anticipates approximately $250 million in capital expenditures for both 2026 and 2027.
  • In 2025, the company spent $186 million in capital expenditures, excluding real estate purchases.
  • The primary focus of capital expenditures in 2026 is expected to be on upgrading facilities, expanding service capacity, and investing in technology, such as the Tekion rollout.

Better Bets vs. Asbury Automotive (ABG)

Peer Outperformance in Automotive Retail

ABG has trailed 53% of its 17 Automotive Retail peers over 5Y. Among the peers that beat it are PAG, ORLY and AZO. Automotive Retail ranks 5th of 23 industries in Consumer Discretionary by median 5Y return.
Share of Automotive Retail constituents that ABG has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
37%
of 19 industry peers · -15.2% return
3Y
39%
of 18 industry peers · -7.9% return
5Y
47%
of 17 industry peers · 9.6% return
Automotive Retail peers with revenue growth within 4pp of ABG's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
Ticker Name Rev Growth 3Y Avg P/E 1Y3Y5Y 5Y Gap
ABG Asbury Automotive 6.5% 7.3x -15.2%-7.9%9.6%
PAG Penske Automotive 4.7% 15.2x 23.7%38.7%187.8% +178pp
ORLY O'Reilly Automotive 6.9% 28.3x -10.5%45.1%126.1% +117pp
AZO AutoZone 5.3% 20.4x -23.9%25.0%88.2% +79pp
SAH Sonic Automotive 3.0% 11.5x 0.9%59.3%74.1% +65pp
GPI Group 1 Automotive 9.7% 10.2x -43.6%-3.7%60.8% +51pp
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Consumer Discretionary sector, ranked by 5Y. Automotive Retail is ABG's own industry. Use this to see which corners of the sector have carried the returns.
Industry Names 1Y med3Y med5Y med Top 3 by 5Y
Education Services 14 -9.5%105.8%73.4% LINC 348% · CVSA 280% · UTI 274%
Homebuilding 18 -3.5%30.2%54.4% GRBK 185% · TOL 160% · PHM 156%
Hotels, Resorts & Cruise Lines 22 21.3%56.1%22.8% RCL 303% · MAR 186% · HLT 179%
Home Improvement Retail 5 -12.3%3.3%11.5% HD 18% · LOW 17% · HVT 12%
Automotive Retail ← 18 -10.0%-0.6%10.2% MUSA 279% · PAG 188% · ORLY 126%
Specialty Stores 7 2.4%22.8%8.8% DKS 113% · ASO 39% · SIG 36%
Casinos & Gaming 20 -6.4%-26.2%0.5% BRAG 970% · MCRI 119% · RSI 110%
Home Furnishings 4 4.0%39.0%-0.6% SGI 58% · LZB 31% · MHK -33%
Specialized Consumer Services 10 -14.0%17.3%-3.1% HRB 138% · FTDR 101% · SCI 40%
Footwear 9 69.4%44.3%-7.6% WEYS 161% · SHOO 32% · DECK 26%
Distributors 4 -8.1%-25.0%-9.7% ARMK 171% · GPC 24% · LKQ -44%
Restaurants 34 -6.3%-8.4%-12.7% EAT 365% · CAKE 189% · RAVE 161%
Leisure Products 13 -1.3%-22.0%-30.8% GOLF 90% · HAS 19% · MCFT 5%
Automotive Parts & Equipment 38 -4.5%-5.6%-34.1% MOD 1470% · GTX 316% · STRT 102%
Household Appliances 17 14.9%40.9%-36.8% KEQU 163% · FLXS 146% · HBB 129%
Apparel, Accessories & Luxury Goods 27 5.9%-3.8%-37.2% TPR 275% · ELA 268% · RL 264%
Leisure Facilities 12 -11.4%-7.9%-40.1% OSW 186% · JAKK 126% · ESCA 9%
Apparel Retail 25 4.8%3.8%-40.7% DXLG 192% · ANF 176% · TJX 120%
Broadline Retail 15 5.3%9.9%-50.9% DDS 289% · AMZN 63% · EBAY 53%
Computer & Electronics Retail 3 -13.4%-2.2%-53.0% BBY 0% · GME -53% · UPBD -58%
Automobile Manufacturers 8 -68.5%-67.3%-69.2% GM 78% · TSLA 50% · F 50%
Consumer Electronics 11 -19.9%-26.7%-73.0% AXIL 2354% · GRMN 98% · TBCH -54%
Other Specialty Retail 18 -29.4%-44.2%-78.5% BBW 215% · TLF 105% · WINA 97%
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

ABGLADPAGANGPISAHMedian
NameAsbury A.Lithia M.Penske A.AutoNati.Group 1 .Sonic Au. 
Mkt Price203.94356.55216.21196.90250.0177.31210.07
Mkt Cap3.78.014.26.63.02.45.2
Rev LTM17,97537,93632,91827,44822,15515,46824,802
Op Inc LTM9131,3851,2441,2339015111,073
FCF LTM496-50459212166-5589
FCF 3Y Avg369-185709-127215-2107
CFO LTM811-149894293439170366
CFO 3Y Avg6301451,055198462205334

Growth & Margins

ABGLADPAGANGPISAHMedian
NameAsbury A.Lithia M.Penske A.AutoNati.Group 1 .Sonic Au. 
Rev Chg LTM4.1%2.1%0.6%-0.1%0.8%5.3%1.5%
Rev Chg 3Y Avg6.5%9.1%4.7%1.0%9.7%3.0%5.6%
Rev Chg Q0.3%2.2%6.0%-0.6%-5.6%7.6%1.2%
QoQ Delta Rev Chg LTM0.1%0.6%1.5%-0.2%-1.4%1.8%0.3%
Op Inc Chg LTM-8.0%-10.2%-11.1%-6.5%-8.2%-6.2%-8.1%
Op Inc Chg 3Y Avg-8.0%-7.2%-4.9%-11.4%-4.5%-2.8%-6.1%
Op Mgn LTM5.1%3.7%3.8%4.5%4.1%3.3%3.9%
Op Mgn 3Y Avg5.7%4.1%4.1%4.8%4.6%3.5%4.4%
QoQ Delta Op Mgn LTM-0.2%0.0%-0.1%-0.2%-0.2%-0.2%-0.2%
CFO/Rev LTM4.5%-0.4%2.7%1.1%2.0%1.1%1.5%
CFO/Rev 3Y Avg3.6%0.4%3.3%0.7%2.1%1.4%1.7%
FCF/Rev LTM2.8%-1.3%1.8%0.0%0.8%-0.4%0.4%
FCF/Rev 3Y Avg2.1%-0.5%2.2%-0.5%0.9%-0.0%0.5%

Valuation

ABGLADPAGANGPISAHMedian
NameAsbury A.Lithia M.Penske A.AutoNati.Group 1 .Sonic Au. 
Mkt Cap3.78.014.26.63.02.45.2
P/S0.20.20.40.20.10.20.2
P/Op Inc4.15.811.45.33.34.85.1
P/EBIT3.84.59.24.44.34.84.5
P/E7.311.215.28.510.211.510.7
P/CFO4.6-53.915.922.56.714.410.5
Total Yield13.7%9.6%9.2%11.7%10.7%10.7%10.7%
Dividend Yield0.0%0.7%2.6%0.0%0.9%2.1%0.8%
FCF Yield 3Y Avg8.8%-3.2%6.5%-1.6%4.2%-1.7%1.3%
D/E1.52.10.71.72.01.91.8
Net D/E1.52.00.61.71.91.91.8

Returns

ABGLADPAGANGPISAHMedian
NameAsbury A.Lithia M.Penske A.AutoNati.Group 1 .Sonic Au. 
1M Rtn-7.5%6.5%7.4%-4.3%-23.3%-23.0%-5.9%
3M Rtn14.9%38.9%40.3%10.3%-18.0%6.6%12.6%
6M Rtn-10.3%19.1%33.7%-1.6%-24.1%34.1%8.8%
12M Rtn-15.2%18.0%23.7%-5.0%-43.6%0.9%-2.1%
3Y Rtn-7.9%20.7%38.7%24.6%-3.7%59.3%22.7%
1M Excs Rtn-6.3%6.5%8.0%-3.8%-21.6%-23.1%-5.1%
3M Excs Rtn11.8%31.0%33.5%4.3%-24.9%1.0%8.1%
6M Excs Rtn-22.7%6.7%21.3%-14.0%-36.5%21.7%-3.6%
12M Excs Rtn-34.5%0.2%4.6%-23.8%-62.4%-19.1%-21.4%
3Y Excs Rtn-82.1%-57.1%-36.6%-49.3%-79.3%-11.3%-53.2%

Comparison Analyses

null

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Dealerships17,94517,10814,69915,3419,837
Total Care Auto (TCA)32630428524612
Elimination of inter-segment revenue-272-222-182-153-11
Total17,99917,18914,80315,4349,838


Operating Income by Segment
$ Mil2025202420232022
Dealerships8598179561,173
Total Care Auto (TCA)80736946
Total9388901,0251,219


Assets by Segment
$ Mil20252024202320222021
Dealerships10,3909,2289,1997,1717,290
Total Care Auto (TCA)1,0241,049914869763
Eliminations2046046  
Elimination of inter-segment revenue   -19-50
Total11,61810,33710,1598,0218,003


Price Behavior

Price Behavior
Market Price$203.94 
Market Cap ($ Bil)3.9 
First Trading Date03/21/2002 
Distance from 52W High-21.3% 
   50 Days200 Days
DMA Price$212.06$215.78
DMA Trenddownup
Distance from DMA-3.8%-5.5%
 3M1YR
Volatility37.1%32.4%
Downside Capture19.68102.02
Upside Capture77.0961.24
Correlation (SPY)-0.0%28.1%
ABG Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta-0.290.070.350.550.751.09
Up Beta-3.99-1.77-1.070.200.561.08
Down Beta-0.420.600.680.690.790.86
Up Capture197%118%91%50%66%128%
Bmk +ve Days11223567138427
Stock +ve Days14273768130382
Down Capture-30%-26%45%76%91%106%
Bmk -ve Days11212859114326
Stock -ve Days8162658120368

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ABG
ABG-15.3%32.3%-0.48-
Sector ETF (XLY)2.2%19.4%-0.0141.3%
Equity (SPY)20.4%12.8%1.1728.4%
Gold (GLD)29.8%28.5%0.916.1%
Commodities (DBC)40.2%20.2%1.56-18.4%
Real Estate (VNQ)13.1%13.9%0.6541.5%
Bitcoin (BTCUSD)-45.4%42.7%-1.3016.5%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ABG
ABG1.1%40.0%0.13-
Sector ETF (XLY)5.9%24.0%0.2151.3%
Equity (SPY)13.1%17.2%0.5948.1%
Gold (GLD)19.8%18.6%0.874.5%
Commodities (DBC)9.8%19.6%0.398.5%
Real Estate (VNQ)2.4%18.9%0.0246.4%
Bitcoin (BTCUSD)7.1%52.6%0.3219.4%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with ABG
ABG13.7%41.4%0.45-
Sector ETF (XLY)12.2%22.2%0.5053.4%
Equity (SPY)15.2%17.9%0.7251.8%
Gold (GLD)12.1%16.2%0.613.9%
Commodities (DBC)7.8%18.1%0.3518.0%
Real Estate (VNQ)4.8%20.7%0.2048.9%
Bitcoin (BTCUSD)59.9%66.0%1.0014.3%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7312026
Short Interest: Shares Quantity1.0 Mil
Short Interest: % Change Since 7152026-10.1%
Average Daily Volume0.3 Mil
Days-to-Cover Short Interest3.4 days
Basic Shares Quantity18.3 Mil
Short % of Basic Shares5.7%

Earnings Returns History

Updated 8/6/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/28/20266.3%0.6% 
4/28/20260.3%-3.3%-3.0%
2/5/2026-7.0%-2.0%-13.6%
10/28/20250.7%0.3%-0.3%
7/29/2025-3.9%-2.3%11.0%
4/30/20250.1%-0.1%4.5%
1/30/202511.5%10.9%-2.2%
10/29/20242.6%5.1%16.9%
...
SUMMARY STATS   
# Positive111312
# Negative131111
Median Positive4.3%4.9%11.0%
Median Negative-4.5%-3.3%-3.1%
Max Positive11.5%26.9%19.6%
Max Negative-10.7%-11.1%-25.4%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/28/20266.3%0.6% 
4/28/20260.3%-3.3%-3.0%
2/5/2026-7.0%-2.0%-13.6%
10/28/20250.7%0.3%-0.3%
7/29/2025-3.9%-2.3%11.0%
4/30/20250.1%-0.1%4.5%
1/30/202511.5%10.9%-2.2%
10/29/20242.6%5.1%16.9%
8/2/2024-10.7%-11.1%-6.8%
4/25/2024-2.0%-4.9%3.0%
2/8/2024-1.9%4.9%-0.5%
10/25/2023-0.9%2.6%11.0%
7/25/2023-6.3%-3.2%-6.0%
4/25/2023-9.3%-4.1%-0.2%
2/2/20234.3%0.3%2.8%
10/27/20222.2%0.5%17.4%
7/28/20225.2%9.2%15.4%
4/28/20229.9%26.9%13.1%
2/15/20228.8%14.7%19.6%
10/26/2021-6.6%-9.6%-25.4%
7/27/2021-0.0%3.7%-3.1%
4/27/2021-1.5%-2.8%-6.8%
2/2/2021-4.5%9.0%10.3%
10/27/2020-9.0%-6.1%8.6%
SUMMARY STATS   
# Positive111312
# Negative131111
Median Positive4.3%4.9%11.0%
Median Negative-4.5%-3.3%-3.1%
Max Positive11.5%26.9%19.6%
Max Negative-10.7%-11.1%-25.4%

SEC Filings

Expand for More
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202605/01/202610-Q
12/31/202502/20/202610-K
09/30/202510/29/202510-Q
06/30/202507/30/202510-Q
03/31/202504/30/202510-Q
12/31/202402/26/202510-K
09/30/202410/30/202410-Q
06/30/202408/09/202410-Q
03/31/202404/26/202410-Q
12/31/202302/29/202410-K
09/30/202310/27/202310-Q
06/30/202307/28/202310-Q
03/31/202304/28/202310-Q
12/31/202203/01/202310-K
09/30/202210/28/202210-Q
Collapse to Preview
Report DateFiling DateFiling
06/30/202607/31/202610-Q
03/31/202605/01/202610-Q
12/31/202502/20/202610-K
09/30/202510/29/202510-Q
06/30/202507/30/202510-Q
03/31/202504/30/202510-Q
12/31/202402/26/202510-K
09/30/202410/30/202410-Q
06/30/202408/09/202410-Q
03/31/202404/26/202410-Q
12/31/202302/29/202410-K
09/30/202310/27/202310-Q
06/30/202307/28/202310-Q
03/31/202304/28/202310-Q
12/31/202203/01/202310-K
09/30/202210/28/202210-Q
06/30/202207/28/202210-Q
03/31/202205/04/202210-Q
12/31/202103/01/202210-K
09/30/202110/26/202110-Q
06/30/202107/28/202110-Q
03/31/202104/27/202110-Q
12/31/202003/01/202110-K
09/30/202011/03/202010-Q
06/30/202007/31/202010-Q
03/31/202005/11/202010-Q
12/31/201903/02/202010-K
09/30/201910/30/201910-Q

Insider Activity

Updated 7/31/2026
Expand for More
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Milstein, JedSVP & CHRODirectSell7312026250.28948237,2612,817,847Form
2Disantis, B. Christopher DirectBuy5222026182.3115728,6231,166,784Form
3Disantis, B. Christopher DirectBuy3112026202.30500101,1501,092,420Form
4Hult, David WPresident & CEODirectBuy3092026205.345,0001,026,70618,620,963Form
5Milstein, JedSVP & CHRODirectSell11262025235.261,132266,3142,384,360Form
Collapse to Preview
#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Milstein, JedSVP & CHRODirectSell7312026250.28948237,2612,817,847Form
2Disantis, B. Christopher DirectBuy5222026182.3115728,6231,166,784Form
3Disantis, B. Christopher DirectBuy3112026202.30500101,1501,092,420Form
4Hult, David WPresident & CEODirectBuy3092026205.345,0001,026,70618,620,963Form
5Milstein, JedSVP & CHRODirectSell11262025235.261,132266,3142,384,360Form
6Morrison, Maureen F DirectSell9022025255.61800204,4881,488,673Form
7Calloway, DeanSVP, General Counsel & SecDirectSell8252025254.40400101,7601,347,048Form
8Milstein, JedSVP & CHRODirectSell8252025253.261,132286,6902,853,480Form
9James, Juanita T DirectSell8202025244.10625152,5621,673,306Form
10Abrams, Capital Management, LP See FootnotesBuy8012025225.1646,95210,571,698487,018,630Form

Investor Activity (13F)

Updated Aug 19, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Impactive Capital LP$209.6 Mil15.2%10TRIM -14.0%13F
Magnolia Group, LLC$56.3 Mil10.5%12Hold13F
Abrams Capital Management, L.P.$421.2 Mil9.1%11Hold13F
Timucuan Asset Management Inc/Fl$138.7 Mil5.1%28Hold13F
Eminence Capital, LP$186.8 Mil4.3%33Hold13F
GoodHaven Capital Management, LLC$8.6 Mil3.0%24ADD +64.5%13F
GCM Grosvenor Holdings, LLC$6.1 Mil0.7%22TRIM -26.9%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
GoodHaven Capital Management, LLC$8.6 Mil3.0%24ADD +64.5%13F
Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
Simcoe Capital Management, LLC$13.2 Mil2.4%14ExitedDec 31, 202513F
GCM Grosvenor Holdings, LLC$6.1 Mil0.7%22TRIM -26.9%Mar 31, 202613F
Impactive Capital LP$209.6 Mil15.2%10TRIM -14.0%Mar 31, 202613F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Abrams Capital Management, L.P.$421.2 Mil9.1%11Hold13F
Impactive Capital LP$209.6 Mil15.2%10TRIM -14.0%13F
Eminence Capital, LP$186.8 Mil4.3%33Hold13F
Timucuan Asset Management Inc/Fl$138.7 Mil5.1%28Hold13F
Magnolia Group, LLC$56.3 Mil10.5%12Hold13F
GoodHaven Capital Management, LLC$8.6 Mil3.0%24ADD +64.5%13F
GCM Grosvenor Holdings, LLC$6.1 Mil0.7%22TRIM -26.9%13F
Core Cache Last Updated: 8/18/2026