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Asbury Automotive Group ABG Impairment Charges

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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 us-gaap:AssetImpairmentCharges.

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, 2026For the Three Months Ended March 31, 2025
OPERATING EXPENSES:
Selling, general, and administrative510.4456.4
Depreciation and amortization22.619.2
Asset impairments14.3
INCOME FROM OPERATIONS193.9234.3
OTHER (INCOME) EXPENSES:
Floor plan interest expense21.020.7
Other interest expense, net48.042.3

Item 1. Condensed Consolidated Financial Statements (unaudited)

FAQ

What is Asbury Automotive Group's impairment charges?
Asbury Automotive Group (ABG) reported impairment charges of $0 in Q1 2026.
How has Asbury Automotive Group's impairment charges changed year-over-year?
Asbury Automotive Group's impairment charges decreased by 100.0% year-over-year, from $14.3M to $0.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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