Screener
Group 1 Automotive GPI Floorplan interest expense
Floorplan interest expense at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by Group 1 Automotive in its filing.
Tagged under the XBRL concept gpi:FloorPlanInterestExpense.
The source filing: Group 1 Automotive’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 3:41 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001031203-26-000107
| Line item | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| Asset impairments | 2.5 | 0.4 |
| Restructuring charges | 1.0 | 11.1 |
| INCOME FROM OPERATIONS | 242.6 | 233.9 |
| Floorplan interest expense | 23.3 | 26.9 |
| Other interest expense, net | 48.8 | 39.8 |
| Other income | — | (0.3) |
| INCOME BEFORE INCOME TAXES | 170.5 | 167.5 |
| Provision for income taxes | 40.6 | 39.7 |
Item 1. Financial Statements
FAQ
- What is Group 1 Automotive's floorplan interest expense?
- Group 1 Automotive (GPI) reported floorplan interest expense of $23.3M in Q1 2026.
- How has Group 1 Automotive's floorplan interest expense changed year-over-year?
- Group 1 Automotive's floorplan interest expense decreased by 13.4% year-over-year, from $26.9M to $23.3M.
- What is the long-term trend for Group 1 Automotive's floorplan interest expense?
- Over 4 years (2021 to 2025), Group 1 Automotive's floorplan interest expense has grown at a 38.6% compound annual growth rate (CAGR), from $27.5M to $101.5M.
- What does floorplan interest expense mean?
- This metric represents the interest costs incurred on debt specifically used to finance the company's new and used vehicle inventory. Because automotive dealerships rely heavily on short-term credit facilities to maintain large vehicle stocks, this expense is a critical component of the cost of sales and operational leverage. Fluctuations in this metric reflect changes in inventory levels, interest rate environments, and the company's ability to manage its working capital efficiently.
Ask your AI about Group 1 Automotive's floorplan interest expense.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude