Asbury Automotive Group ABG Goodwill written off on sale of business

Segments

Dealerships$71.8M+139%

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%

Cash & equivalents$25.3M-79.7%

Total debt$4.2B+21.4%

Total equity$3.9B+8.5%

Total assets$11.3B+10.6%

Operating cash flow$223.2M-0.8%

Market cap$3.71B-13.1%

Gross margin17.1%+0.1pp

Operating margin4.6%-0.1pp

Net margin3%+0.6pp

FCF margin4.4%—

Return on equity14.5%+2.6pp

Debt / equity1.1×+0.1×

Current ratio0.9×-0.3×