Asbury Automotive Group ABG Dealerships — Floor plan interest expense
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Where this comes from
Reported directly by Asbury Automotive Group in its filing.
Tagged under the XBRL concept abg:FloorPlanInterestExpense.
The official record: Asbury Automotive Group’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Asbury Automotive Group's dealerships — floor plan interest expense?
- Asbury Automotive Group (ABG) reported dealerships — floor plan interest expense of $21M in Q1 2026.
- How has Asbury Automotive Group's dealerships — floor plan interest expense changed year-over-year?
- Asbury Automotive Group's dealerships — floor plan interest expense increased by 1.4% year-over-year, from $20.7M to $21M.
- What is the long-term trend for Asbury Automotive Group's dealerships — floor plan interest expense?
- Over 4 years (2021 to 2025), Asbury Automotive Group's dealerships — floor plan interest expense has grown at a 82.6% compound annual growth rate (CAGR), from $8.2M to $91.1M.
- What does dealerships — floor plan interest expense mean?
- Measures the interest costs incurred on financing arrangements used to purchase and hold vehicle inventory. As a core cost of doing business in automotive retail, it fluctuates based on inventory levels and prevailing interest rates.