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Asbury Automotive Group ABG TCA — Floor plan interest expense

Other segment segments

Dealerships
$21M+1.4%

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RDNWFloor plan interest expense
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$1.8M-5.3%
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$1.3M-43.5%
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$2.4M-14.3%
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$34.5M-4.2%

Other financials

Income statement

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Revenue$4.4B+0.3%
Gross profit$753.1M+0.2%
Operating income$219.5M-14.7%
Net income$114.6M-25.0%
EPS (diluted)$18.30+136%

Balance sheet

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Cash & equivalents$30.4M-44.5%
Total debt$3.5B+2.6%
Total equity$3.9B+3.9%
Total assets$11.3B+10.6%

Cash flow

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Operating cash flow$223.2M-0.8%

Valuation

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Market cap$3.88B-14.0%
Enterprise value$8.09B-6.7%
P/E7.6×-0.7×
P/S0.2×0.0×

Profitability

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Gross margin17.1%+0.1pp
Operating margin4.4%-1.2pp
Net margin2.8%-0.3pp
FCF margin4.4%

Returns & leverage

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Return on equity13.2%-2.0pp
Debt / equity0.9×0.0×
Current ratio0.9×-0.4×

Where this comes from

Reported directly by Asbury Automotive Group in its filing.

Tagged under the XBRL concept abg:FloorPlanInterestExpense.

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 itemFor the Three Months Ended March 31, 2026 / DealershipsFor the Three Months Ended March 31, 2026 / TCAFor the Three Months Ended March 31, 2026 / TotalFor the Three Months Ended March 31, 2025 / DealershipsFor the Three Months Ended March 31, 2025 / TCAFor the Three Months Ended March 31, 2025 / Total
Other selling, general and administrative expense133.3112.5
Other segment items1.91.9
Depreciation and amortization22.619.20.1
Floor plan interest expense21.020.7
Segment operating income$158.2$21.2$179.4$208.5$21.1$229.6
Reconciliation of segment operating income
Intersegment eliminations
Total intersegment revenue eliminations(64.2)(62.4)

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Asbury Automotive Group's TCA — floor plan interest expense?
Asbury Automotive Group (ABG) reported TCA — floor plan interest expense of $0 in Q1 2026.
What does TCA — floor plan interest expense mean?
Captures the interest costs associated with financing the inventory held by the segment. This metric is a key indicator of the cost of capital required to maintain product availability and manage inventory turnover.

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