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Asbury Automotive Group ABG New vehicle — TOTAL COST OF SALES
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Where this comes from
Reported directly by Asbury Automotive Group in its filing.
Tagged under the XBRL concept us-gaap:CostOfRevenue.
The source filing: Asbury Automotive Group’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:24 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001144980-26-000079
| Line item | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Finance and insurance, net | 179.0 | 187.0 |
| TOTAL REVENUE | 4,113.0 | 4,148.5 |
| COST OF SALES: | ||
| New vehicle | 1,972.3 | 1,995.0 |
| Used vehicle | 1,140.0 | 1,171.3 |
| Parts and service | 261.7 | 244.9 |
| Finance and insurance | 12.1 | 13.1 |
| TOTAL COST OF SALES | 3,386.1 | 3,424.3 |
Item 1. Condensed Consolidated Financial Statements (unaudited)
FAQ
- What is Asbury Automotive Group's new vehicle — TOTAL COST OF SALES?
- Asbury Automotive Group (ABG) reported new vehicle — TOTAL COST OF SALES of $1.97B in Q1 2026.
- How has Asbury Automotive Group's new vehicle — TOTAL COST OF SALES changed year-over-year?
- Asbury Automotive Group's new vehicle — TOTAL COST OF SALES decreased by 1.1% year-over-year, from $2B to $1.97B.
- What is the long-term trend for Asbury Automotive Group's new vehicle — TOTAL COST OF SALES?
- Over 4 years (2021 to 2025), Asbury Automotive Group's new vehicle — TOTAL COST OF SALES has grown at a 18.9% compound annual growth rate (CAGR), from $4.44B to $8.87B.
- What does new vehicle — TOTAL COST OF SALES mean?
- This metric captures the direct costs associated with acquiring new vehicle inventory, including the manufacturer invoice price and any applicable transportation or preparation costs. Monitoring this figure is essential for assessing the direct expense burden of the new-vehicle segment and calculating gross margins. It provides insight into the company's procurement efficiency and the impact of manufacturer pricing strategies on profitability.
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