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

Floor plan notes payable—trade, net at other companies

LAD
Lithia MotorsLAD
$1.91B-9.1%
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Lithia MotorsLAD
$4.37B+56.1%
Penske Automotive Group logo
Penske Automotive GroupPAG
$1.63B+10.2%
Group 1 Automotive logo
Group 1 AutomotiveGPI
$1.4B-1.3%
Rush Enterprises logo
Rush EnterprisesRUSHB
$919.16M-14.9%
Penske Automotive Group logo
Penske Automotive GroupPAG
$2.51B+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:FloorPlanNotesPayableTrade.

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—trade, net?
Asbury Automotive Group (ABG) reported floor plan notes payable—trade, net of $326.6M in Q1 2026.
How has Asbury Automotive Group's floor plan notes payable—trade, net changed year-over-year?
Asbury Automotive Group's floor plan notes payable—trade, net increased by 24.8% year-over-year, from $261.8M to $326.6M.
What is the long-term trend for Asbury Automotive Group's floor plan notes payable—trade, net?
Over 5 years (2020 to 2025), Asbury Automotive Group's floor plan notes payable—trade, net has grown at a 39.5% compound annual growth rate (CAGR), from $64.9M to $343.1M.
What does floor plan notes payable—trade, net mean?
Reflects the outstanding principal balance on short-term debt specifically used to finance the acquisition of new vehicle inventory from manufacturers. This trade-related debt is typically collateralized by the vehicles themselves and is repaid upon the sale of the inventory. It serves as a key measure of the company's leverage and its reliance on manufacturer-sponsored financing to maintain inventory levels.