Asbury Automotive Group ABG Floor plan interest expense

Floor plan interest expense at other companies

RDN

RideNow GroupRDNW

$2.4M-14.3%

Penske Automotive GroupPAG

$38.1M-9.3%

GHC

Graham HoldingsGHC

$1.8M-5.3%

Penske Automotive GroupPAG

$1.3M-43.5%

RDN

RideNow GroupRDNW

$2.4M-14.3%

Penske Automotive GroupPAG

$34.5M-4.2%

FAQ

What is Asbury Automotive Group's floor plan interest expense?

Asbury Automotive Group (ABG) reported floor plan interest expense of $21.6M in Q2 2026.

How has Asbury Automotive Group's floor plan interest expense changed year-over-year?

Asbury Automotive Group's floor plan interest expense increased by 19.3% year-over-year, from $18.1M to $21.6M.

What is the long-term trend for Asbury Automotive Group's floor plan interest expense?

Over 4 years (2021 to 2025), Asbury Automotive Group's floor plan interest expense has grown at a 83.1% compound annual growth rate (CAGR), from $8.1M to $91.1M.

What does floor plan interest expense mean?

This metric represents the interest costs incurred on debt specifically used to finance the company's new and used vehicle inventory. It is a critical indicator of the cost of carrying dealership inventory and is highly sensitive to both inventory levels and prevailing short-term interest rates. Monitoring this expense helps investors understand the impact of financing costs on the company's operating margins within the capital-intensive automotive retail sector.