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Asbury Automotive Group ABG Floor plan notes payable—non-trade, net

Floor plan notes payable—non-trade, net at other companies

LAD
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$1.63B+10.2%
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$1.91B-9.1%
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Rush EnterprisesRUSHB
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Penske Automotive GroupPAG
$2.51B+1.3%
Group 1 Automotive logo
Group 1 AutomotiveGPI
$1.4B-1.3%

Other financials

Income statement

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Revenue$4.1B-0.9%
Gross profit$726.9M+0.4%
Operating income$193.9M-17.2%
Net income$187.8M+42.2%
EPS (diluted)$9.87+47.1%

Balance sheet

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Cash & equivalents$25.3M-79.7%
Total debt$4.2B+21.4%
Total equity$3.9B+8.5%
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$3.67B-13.1%
Enterprise value$7.89B+3.6%
P/E6.7×-3.5×
P/S0.2×0.0×

Profitability

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Gross margin17.1%+0.1pp
Operating margin4.6%-0.1pp
Net margin3%+0.6pp
FCF margin4.4%

Returns & leverage

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Return on equity14.5%+2.6pp
Debt / equity1.1×+0.1×
Current ratio0.9×-0.3×

Where this comes from

Reported directly by Asbury Automotive Group in its filing.

Tagged under the XBRL concept abg:FloorPlanNotesPayableNonTrade.

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 floor plan notes payable—non-trade, net?
Asbury Automotive Group (ABG) reported floor plan notes payable—non-trade, net of $1.34B in Q1 2026.
How has Asbury Automotive Group's floor plan notes payable—non-trade, net changed year-over-year?
Asbury Automotive Group's floor plan notes payable—non-trade, net increased by 11.3% year-over-year, from $1.2B to $1.34B.
What is the long-term trend for Asbury Automotive Group's floor plan notes payable—non-trade, net?
Over 5 years (2020 to 2025), Asbury Automotive Group's floor plan notes payable—non-trade, net has grown at a 21.4% compound annual growth rate (CAGR), from $637.3M to $1.68B.
What does floor plan notes payable—non-trade, net mean?
Represents short-term debt obligations used to finance vehicle inventory that are sourced from non-manufacturer lenders or third-party financial institutions. Unlike trade-related floor plan debt, these obligations may carry different interest rates or terms and reflect the company's broader access to credit markets for inventory management. This metric is essential for evaluating the diversification of the company's financing sources and its overall liquidity risk.