1. Q1 2025 revenue increased by 4% year-over-year to $6.7 billion. 2. Adjusted EPS rose to $4.68, showing a 4% increase from a year ago. 3. Record after-sales profits and cash generation support growth strategies. 4. Acquired Ford and Mazda stores, enhancing market presence and synergies. 5. Operating income slightly declined by 1% to $336 million.
Despite minor declines in operating income, revenue and EPS growth signals resilience. Historical data shows similar growth correlates with positive stock performance.
The article outlines significant growth metrics, investments, and strategic acquisitions that suggest a strong operating trajectory for AutoNation.
The financial results will likely influence investor sentiment and stock price in the near term, similar to previous quarters following strong earnings.
AutoNation, Inc. today reported first quarter 2025 revenue of $6.7 billion, an increase of 4% compared to the same period a year ago on a same-store basis. For the quarter, EPS was $4.45 and adjusted EPS was $4.68, compared to $4.49 a year ago. Reconciliations of non-GAAP financial measures are included in the attached financial tables.
"Our results for the first quarter were strong across the board. We achieved significant new vehicle volume growth, we gained share in the markets in which we compete, we delivered on our focus to improve unit profitability in used vehicles, Customer Financial Services continued to perform, and we delivered record After-Sales profits," said Mike Manley, AutoNation Chief Executive Officer. "Our operating cash generation and cash conversion were significant, allowing us to deploy capital for both share repurchases and accretive acquisitions and while there remains uncertainty around the impact of tariffs, the strength of AutoNation's business model has proven to be durable through all economic environments. AutoNation's multiple revenue streams, flexible cost structure, cash flow generation, and balance sheet position us to continue to deliver robust results," Manley added.
First Quarter 2025 compared to the year-ago period:
| Selected GAAP Financial Data | 2025 | 2024 | YoY |
|---|---|---|---|
| Revenue | $ 6,690.4 | $ 6,485.7 | 3 % |
| Gross Profit | $ 1,219.9 | $ 1,197.9 | 2 % |
| Operating Income | $ 336.0 | $ 340.3 | -1 % |
| Net Income | $ 175.5 | $ 190.1 | -8 % |
| Diluted EPS | $ 4.45 | $ 4.49 | -1 % |
Segment results for the first quarter of 2025 were as follows:
For the quarter, cash used in operating activities was $53 million, auto loans receivable, net, increased $365 million, capital expenditures were $75 million, and adjusted free cash flow was $237 million, or 129% of adjusted net income. In March, the Company acquired a Ford store and a Mazda store for $70 million.
The first quarter conference call may be accessed by telephone at 833-470-1428 (Conference ID:769886) at 9:00 a.m. Eastern Time today or on AutoNation's investor relations website at investors.autonation.com.
AutoNation, one of the largest automotive retailers in the United States, offers innovative products, exceptional services, and comprehensive solutions, and empowers its customers to make the best decisions for their needs. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.
Please visit www.autonation.com, investors.autonation.com, and www.x.com/autonation, where AutoNation discloses additional information about the Company, its business, and its results of operations.
This news release and the attached financial tables contain certain non-GAAP financial measures as defined under SEC rules. The Company believes that these non-GAAP financial measures improve the transparency of the Company's disclosure and provide a meaningful presentation of the Company's results.
This news release contains forward-looking statements, which involve risks, uncertainties, and other factors. The Company undertakes no obligation to update these forward-looking statements.