- Current quarter diluted earnings per common share from continuing operations of $3.47 and current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) of $8.49
- Record full-year revenues of $22.6 billion, a 13.2% increase over the comparable prior year, driven by full year records in revenues across all lines of business
- Record full-year gross profits of $3.6 billion, increased 11.8% over the comparable prior year, driven by record full-year parts and service gross profit of $1.6 billion, a 15.9% increase over the comparable prior year
- Repurchased approximately 10.1% of the Company's outstanding common shares in full year 2025
HOUSTON, Jan. 29, 2026 /PRNewswire/ --Group 1 Automotive, Inc.(NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 254 dealerships located in the U.S. and U.K., today reported financial results for the fourth quarter of 2025 ("current quarter") and full year 2025 ("current year").
"The fourth quarter capped off a record year for Group 1," said Daryl Kenningham, Group 1's President and Chief Executive Officer. "Our revenues totaled $22.6 billion, up 13.2% year over year. We achieved record revenues across all of our major business lines and record gross profits in parts and service and F&I, showing the continued strength and resilience of our diversified business model and our relentless focus on operational excellence.
In 2025, we continued our strong track record of disciplined capital allocation, including the repurchase of more than 10% of our outstanding shares. Through active portfolio management, we are driving incremental shareholder value by acquiring high-performing Lexus and Acura dealerships in Fort Myers, Mercedes-Benz of South Austin, and Mercedes-Benz of Buckhead, while divesting 13 underperforming stores."
Reconciliations for financial results, non-GAAP metrics and diluted earnings per common share between continuing and discontinued operations are included in the accompanying financial tables.
Current Quarter Results Overview
- Current quarter total revenues were $5.6 billion, a 0.6% increase compared to $5.5 billion for the fourth quarter of 2024 ("prior-year quarter").
- Current quarter net income from continuing operations was $43.0 million, compared to $94.6 million for the prior-year quarter.
- Current quarter adjusted net income from continuing operations (a non-GAAP measure) was $105.0 million, compared to $133.9 million for the prior-year quarter.
- Current quarter diluted earnings per common share from continuing operations was $3.47, compared to $7.08 for the prior-year quarter.
- Current quarter net income from continuing operations included $68.2 million of non-cash asset impairment charges primarily attributable to the U.S. reporting unit.
- Current quarter adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $8.49, compared to $10.02 for the prior-year quarter.
Fourth Quarter
2025 Consolidated Same Store
Key Performance Metrics (a non-GAAP
measure)
(year-over-year comparable period basis)
Reported: 4Q25 Change 4Q25 Change
Total revenues
$5.6B +0.6 %
$5.4B (0.1) %
Total gross profit ("GP")
$874.4M (0.5) %
$845.2M (1.2) %
NV units sold 55,035 (5.0) % 53,414 (5.2) %
NV GP per retail unit ("PRU") $3,294 (7.0) % $3,225 (9.6) %
Used vehicle ("UV") retail units sold 55,474 +0.2 % 53,654 +1.2 %
UV retail GP PRU $1,295 (9.6) % $1,296 (10.7) %
Parts & service ("P&S") GP
$394.2M +6.3 %
$382.2M +6.7 %
P&S Gross Margin ("GM") 56.3 % +1.8 % 56.3 % +1.4 %
Finance and Insurance ("F&I") revenues
$229.7M +1.9 %
$223.5M +1.4 %
F&I GP PRU $2,079 +4.4 % $2,088 +3.6 %
Selling, General and Administrative ("SG&A") expenses as a % of GP 71.7 % +187 bps 72.5 % +420 bps
Adjusted SG&A expenses (a non-GAAP measure) as a % of GP 72.4 % +233 bps 72.2 % +406 bps
Full Year 2025 Results Overview
- Current year total revenues were a record $22.6 billion, a 13.2% increase compared to $19.9 billion for the full year 2024 ("prior year").
- Current year net income from continuing operations was $323.7 million, compared to $497.0 million for the prior year.
- Current year adjusted net income from continuing operations (a non-GAAP measure) was $524.5 million, compared to $530.6 million for the prior year.
- Current year diluted earnings per common share from continuing operations was $25.13, compared to $36.72 for the prior year.
- Current year net income from continuing operations included $192.8 million of non-cash asset impairment charges.
- Current year adjusted diluted earnings per common share from continuing operations (a non-GAAP measure) was $40.71, a 3.8% increase compared to $39.21 for the prior year.
Full Year 2025 Consolidated Same Store
Key Performance Metrics (a non-GAAP
measure)
(year-over-year comparable period basis)
Reported: FY25 Change FY25 Change
Total revenues
$22.6B +13.2 %
$20.4B +4.6 %
Total GP
$3.6B +11.8 %
$3.3B +4.1 %
NV units sold 224,166 +10.1 % 201,060 1.2 %
NV GP PRU $3,370 (4.4) % $3,322 (6.2) %
UV retail units sold 234,906 +12.0 % 208,955 +2.7 %
UV retail GP PRU $1,478 (6.1) % $1,489 (5.8) %
P&S GP
$1.6B +15.9 %
$1.4B +8.3 %
P&S GM 55.7 % +0.8 % 55.6 % 0.6 %
F&I revenues
$934.6M +12.8 %
$875.3M +7.7 %
F&I GP PRU $2,036 +1.6 % $2,135 +5.6 %
SG&A expenses as a % of GP 70.3 % +304 bps 69.7 % +154 bps
Adjusted SG&A expenses (a non-GAAP measure) as a % of GP 70.2 % +226 bps 69.1 % +202 bps
U.K. Update
In October, 2025, the Company announced a U.K.-wide restructuring plan consisting of further workforce realignment and strategic closings of certain facilities. As a result, the Company recognized $8.1 million in restructuring charges in the U.K. in the current quarter. In 2025, the Company recognized $28.4 million in restructuring charges related to the U.K. restructuring plans. The Company expects to take additional actions in 2026, to further optimize our operations and reduce costs.
Corporate Development
During the current year, the Company acquired and successfully integrated dealership operations with total expected annual revenues of approximately $640 million. The Company remains focused on efficiently and effectively integrating acquisitions into existing operations to create value for shareholders.
During the current quarter, the Company disposed of one Chrysler Jeep Dodge Ram dealership in the U.S., and closed one Toyota, two BMW/MINI and one Volkswagen dealership in the U.K. During the current year, the Company's annualized revenues associated with dealership dispositions and franchise terminations totaled approximately $775 million.
Share Repurchases
During the current quarter, the Company repurchased 755,792 shares, at an average price per common share of $403.60, for a total of $305.0 million, excluding excise taxes of $3.0 million.
During the current year, the Company repurchased 1,343,229 shares, representing approximately 10.1% of the Company's outstanding common shares on January 1, 2025, at an average price per common share of $413.05, for a total of $554.8 million, excluding excise taxes of $4.9 million.
As of December 31, 2025, the Company had an aggregate 12,043,409 outstanding common shares and unvested restricted stock awards. As of December 31, 2025, the Company had $378.7 million remaining in its Board authorized common share repurchase program.
Future repurchases may be made from time to time, based on market conditions, legal requirements and other corporate considerations in the open market, pursuant to Rule 10b5-1 trading plans or in privately negotiated transactions, and subject to Board approval and covenant restrictions.
Fourth Quarter and Full Year 2025 Earnings Conference Call Details
Group 1's senior management will host a conference call today at 10:00 a.m. ET to discuss the fourth quarter and full year 2025 financial results. The conference call will be simulcast live on the Internet at http://www.group1corp.com/events. A webcast replay will be available for 30 days. A copy of the Company's presentation will also be made available at http://www.group1corp.com/company-presentations.
The conference call will also be available live by dialing in 10 minutes prior to the start of the call at:
Domestic: 1-888-317-6003
International: 1-412-317-6061
Passcode: 8952644
A telephonic replay will be available following the call through February 5, 2026, by dialing:
Domestic: 1-877-344-7529
International: 1-412-317-0088
Replay Code: 8941809
ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 254 automotive dealerships, 315 franchises, and 32 collision centers in the United States and the United Kingdom that offer 36 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, and www.facebook.com/group1auto.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, including the annualized revenues of recently completed acquisitions or dispositions and other benefits of such currently anticipated or recently completed acquisitions or dispositions. These forward-looking statements often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the impacts of sustained levels of inflation, (c) developments in U.S. and global trade policy, including the imposition by the U.S. of significant tariffs on the import of automobiles and certain materials used in our parts and services business and the resulting consequences (including, but not limited to, retaliatory tariffs by non-U.S. nations, supply chain disruptions, vehicle and part cost increases and demand decreases, and potential recessions in the U.S. and U.K.), (d) the level of manufacturer incentives, (e) our ability to comply with extensive laws, regulations and policies applicable to our operations, including BEV mandates in the U.K., and their impact on new vehicle demand, (f) our ability to obtain an inventory of desirable new and used vehicles (including as a result of changes in the international trade environment), (g) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (h) our cost of financing and the availability of credit for consumers, (i) our ability to complete acquisitions and dispositions, on a timely basis, if at all and the risks associated therewith, (j) our ability to successfully integrate recent and future acquisitions and realize the expected benefits from consummated acquisitions, (k) foreign exchange controls and currency fluctuations, (l) the armed conflicts in Ukraine and the Middle East, (m) our ability to maintain sufficient liquidity to operate, and (n) a material failure in or breach of our vendors' information technology systems and other cybersecurity incidents. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
NON-GAAP FINANCIAL MEASURES, SAME STORE DATA, AND OTHER DATA
In addition to evaluating the financial condition and results of our operations in accordance with U.S. GAAP, from time to time our management evaluates and analyzes results and any impact on the Company of strategic decisions and actions relating to, among other things, cost reduction, growth, profitability improvement initiatives, and other events outside of normal, or "core," business and operations, by considering alternative financial measures not prepared in accordance with U.S. GAAP. In our evaluation of results from time to time, we exclude items that do not arise directly from core operations, such as non-cash asset impairment charges, out-of-period adjustments, legal matters, gains and losses on dealership franchise or real estate transactions, and catastrophic events, such as hailstorms, hurricanes and snow storms, and employment compensation costs associated with the cybersecurity incident experienced by third-party software provider, CDK Global LLC in June 2024. Because these non-core charges and gains materially affect the Company's financial condition or results in the specific period in which they are recognized, management also evaluates, and makes resource allocation and performance evaluation decisions based on, the related non-GAAP measures excluding such items. This includes evaluating measures such as adjusted selling, general and administrative expenses, adjusted net income, adjusted diluted earnings per share, and constant currency. These adjusted measures are not measures of financial performance under U.S. GAAP, but are instead considered non-GAAP financial performance measures. Non-GAAP measures do not have definitions under U.S. GAAP and may be defined differently by, and not be comparable to similarly titled measures used by, other companies. As a result, any non-GAAP financial measures considered and evaluated by management are reviewed in conjunction with a review of the most directly comparable measures calculated in accordance with U.S. GAAP. We caution investors not to place undue reliance on such non-GAAP measures, but also to consider them with the most directly comparable U.S. GAAP measures.
In addition to using such non-GAAP measures to evaluate results in a specific period, management believes that such measures may provide more complete and consistent comparisons of operational performance on a period-over-period historical basis and a better indication of expected future trends. Our management also uses these adjusted measures in conjunction with U.S. GAAP financial measures to assess our business, including communication with our Board of Directors, investors, and industry analysts concerning financial performance. We disclose these non-GAAP measures, and the related reconciliations, because we believe investors use these metrics in evaluating longer-term period-over-period performance, and to allow investors to better understand and evaluate the information used by management to assess operating performance. The exclusion of certain expenses in the calculation of non-GAAP financial measures should not be construed as an inference that these costs are unusual or infrequent. We anticipate excluding these expenses in the future presentation of our non-GAAP financial measures.
In addition, we evaluate our results of operations on both an as reported and a constant currency basis. The constant currency presentation, which is a non-GAAP measure, excludes the impact of fluctuations in foreign currency exchange rates. We believe providing constant currency information provides valuable supplemental information regarding our underlying business and results of operations, consistent with how we evaluate our performance. We calculate constant currency percentages by converting our current period reported results for entities reporting in currencies other than U.S. dollars using comparative period exchange rates rather than the actual exchange rates in effect during the respective periods. The constant currency performance measures should not be considered a substitute for, or superior to, the measures of financial performance prepared in accordance with U.S. GAAP. The Same Store amounts presented include the results of dealerships for the identical months in each period presented in comparison, commencing with the first full month in which the dealership was owned by us and, in the case of dispositions, ending with the last full month it was owned by us. Same Store results also include the activities of our corporate headquarters.
Certain amounts in the financial statements may not compute due to rounding. All computations have been calculated using unrounded amounts for all periods presented.
Investor contacts:
Terry Bratton
Manager, Investor Relations
Group 1 Automotive, Inc.
ir@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Financial Services and Manufacturer Relations
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
Kimberly Barta
Head of Marketing and Communications
Group 1 Automotive, Inc.
kbarta@group1auto.com
or
Jude Gorman / Clayton Erwin
Collected Strategies
Group1-CS@collectedstrategies.com
Group 1 Automotive, Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
(In millions, except per share data)
Three Months Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
REVENUES:
New vehicle retail sales $2,767.1 $2,858.0 $(90.9) (3.2) %
Used vehicle retail sales 1,739.2 1,653.4 85.8 5.2 %
Used vehicle wholesale sales 143.6 128.9 14.7 11.4 %
Parts and service sales 700.2 680.2 20.1 2.9 %
Finance, insurance and other, net 229.7 225.5 4.2 1.9 %
Total revenues 5,579.9 5,546.0 33.8 0.6 %
COST OF SALES:
New vehicle retail sales 2,585.8 2,652.9 (67.1) (2.5) %
Used vehicle retail sales 1,667.4 1,574.1 93.3 5.9 %
Used vehicle wholesale sales 146.2 130.5 15.7 12.0 %
Parts and service sales 306.0 309.3 (3.3) (1.1) %
Total cost of sales 4,705.5 4,666.8 38.6 0.8 %
GROSS PROFIT 874.4 879.2 (4.8) (0.5) %
Selling, general and administrative expenses 627.3 614.3 13.0 2.1 %
Depreciation and amortization expense 31.5 31.5 - %
Asset impairments 68.2 33.0 35.2 106.7 %
Restructuring charges 8.1 16.7 (8.6) (51.3) %
Other operating income (10.0) 10.0 100.0 %
INCOME FROM OPERATIONS 139.3 193.7 (54.4) (28.1) %
Floorplan interest expense 24.5 32.2 (7.7) (23.8) %
Other interest expense, net 52.4 38.8 13.6 35.0 %
INCOME BEFORE INCOME TAXES 62.3 122.6 (60.3) (49.2) %
Provision for income taxes 19.3 28.0 (8.7) (31.0) %
Net income from continuing operations 43.0 94.6 (51.6) (54.6) %
Net income from discontinued operations 0.6 0.2 0.4 192.9 %
NET INCOME $43.6 $94.8 $(51.2) (54.0) %
Less: Earnings allocated to participating securities 0.5 1.9 (1.4) (75.1) %
Net income available to diluted common shares $43.1 $92.9 $(49.8) (53.6) %
Diluted earnings per share from continuing operations $3.47 $7.08 $(3.60) (50.9) %
Diluted earnings per share from discontinued operations $0.05 $0.02 $0.03 216.5 %
DILUTED EARNINGS PER SHARE $3.52 $7.09 $(3.57) (50.3) %
Weighted average dilutive common shares outstanding 12.2 13.1 (0.9) (6.6) %
Weighted average participating securities 0.1 0.3 (0.1) (49.8) %
Total weighted average shares 12.4 13.4 (1.0) (7.5) %
Effective tax rate on continuing operations 31.0 % 22.9 % 8.2 %
Group 1 Automotive, Inc.
Condensed Consolidated Statements of Operations
(Unaudited)
(In millions, except per share data)
Years Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
REVENUES:
New vehicle retail sales $10,989.9 $9,972.4 $1,017.5 10.2 %
Used vehicle retail sales 7,195.0 6,179.9 1,015.1 16.4 %
Used vehicle wholesale sales 607.3 462.4 144.9 31.3 %
Parts and service sales 2,844.6 2,491.0 353.6 14.2 %
Finance, insurance and other, net 934.6 828.7 105.9 12.8 %
Total revenues 22,571.4 19,934.3 2,637.1 13.2 %
COST OF SALES:
New vehicle retail sales 10,234.5 9,254.5 980.0 10.6 %
Used vehicle retail sales 6,847.8 5,849.9 997.9 17.1 %
Used vehicle wholesale sales 608.2 465.7 142.5 30.6 %
Parts and service sales 1,259.0 1,123.2 135.8 12.1 %
Total cost of sales 18,949.5 16,693.3 2,256.3 13.5 %
GROSS PROFIT 3,621.8 3,241.0 380.8 11.8 %
Selling, general and administrative expenses 2,545.5 2,179.2 366.3 16.8 %
Depreciation and amortization expense 121.1 113.1 8.0 7.1 %
Asset impairments 192.8 33.0 159.8 484.7 %
Restructuring charges 28.4 16.7 11.7 70.3 %
Other operating income (10.0) 10.0 100.0 %
INCOME FROM OPERATIONS 734.0 909.1 (175.1) (19.3) %
Floorplan interest expense 101.5 108.5 (7.0) (6.5) %
Other interest expense, net 182.9 141.3 41.5 29.4 %
Other (income) expense (0.2) 0.7 (1.0) (133.2) %
INCOME BEFORE INCOME TAXES 449.9 658.5 (208.6) (31.7) %
Provision for income taxes 126.2 161.5 (35.3) (21.9) %
Net income from continuing operations 323.7 497.0 (173.3) (34.9) %
Net income from discontinued operations 1.5 1.2 0.3 26.1 %
NET INCOME $325.2 $498.1 $(173.0) (34.7) %
Less: Earnings allocated to participating securities 3.7 10.5 (6.8) (64.9) %
Net income available to diluted common shares $321.5 $487.7 $(166.2) (34.1) %
Diluted earnings per share from continuing operations $25.13 $36.72 $(11.59) (31.6) %
Diluted earnings per share from discontinued operations $0.12 $0.09 $0.03 32.5 %
DILUTED EARNINGS PER SHARE $25.24 $36.81 $(11.56) (31.4) %
Weighted average dilutive common shares outstanding 12.7 13.2 (0.5) (3.9) %
Weighted average participating securities 0.1 0.3 (0.1) (48.8) %
Total weighted average shares 12.9 13.5 (0.7) (4.8) %
Effective tax rate on continuing operations 28.0 % 24.5 % 3.5 %
Group 1 Automotive, Inc.
Additional Information - Consolidated
(Unaudited)
December 31, 2025 December 31, 2024 Increase/
(Decrease) % Change
SELECTED BALANCE SHEET INFORMATION:
(In millions)
Cash and cash equivalents $32.5 $34.4 $(1.9) (5.5) %
Inventories, net $2,741.3 $2,636.8 $104.4 4.0 %
Floorplan notes payable, net (1) $1,915.8 $2,022.1 $(106.2) (5.3) %
Total debt $3,699.5 $2,913.1 $786.3 27.0 %
Total equity $2,789.1 $2,974.3 $(185.2) (6.2) %
(1) Amounts are net of offset accounts of $504.2 and $288.2, respectively.
Three Months Ended December
31, Years Ended December 31,
2025 2024 2025 2024
NEW VEHICLE UNIT SALES GEOGRAPHIC MIX:
United States 75.9 % 74.8 % 72.4 % 77.4 %
United Kingdom 24.1 % 25.2 % 27.6 % 22.6 %
NEW VEHICLE UNIT SALES BRAND MIX:
Toyota/Lexus 29.0 % 24.2 % 26.4 % 24.9 %
Volkswagen/Audi/Porsche/SEAT/SKODA 12.1 % 13.4 % 14.5 % 14.2 %
BMW/MINI 13.4 % 14.1 % 12.5 % 11.6 %
Mercedes-Benz/Sprinter/smart 8.0 % 9.1 % 8.5 % 7.5 %
Chevrolet/GMC/Buick 8.5 % 9.0 % 8.3 % 9.1 %
Honda/Acura 8.1 % 8.6 % 8.3 % 9.2 %
Ford/Lincoln 7.2 % 6.9 % 7.0 % 7.0 %
Hyundai/Kia/Genesis 5.4 % 4.8 % 5.5 % 5.4 %
Jaguar/Land Rover 2.0 % 2.0 % 2.3 % 2.0 %
Subaru 1.7 % 3.0 % 2.1 % 3.2 %
Nissan 2.0 % 1.9 % 1.9 % 2.2 %
Chrysler/Dodge/Jeep/RAM/Citroën/Leapmotor 1.4 % 1.8 % 1.6 % 2.2 %
Mazda 0.9 % 1.0 % 1.0 % 1.2 %
Other 0.1 % 0.1 % 0.1 % 0.1 %
100.0 % 100.0 % 100.0 % 100.0 %
December 31, December 31,
2025 2024
DAYS' SUPPLY IN INVENTORY (1):
Consolidated
---
New vehicle inventory 46 44
Used vehicle inventory 36 39
U.S.
---
New vehicle inventory 44 43
Used vehicle inventory 29 29
U.K.
---
New vehicle inventory 52 45
Used vehicle inventory 55 67
(1) Days' supply in inventory is calculated based on inventory unit levels and 30-day total unit sales volumes, both at the end of each reporting period.
Group 1 Automotive, Inc.
Reported Operating Data - Consolidated
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $2,767.1 $2,858.0 $(90.9) (3.2) % $19.0 (3.8) %
Used vehicle retail sales 1,739.2 1,653.4 85.8 5.2 % 19.4 4.0 %
Used vehicle wholesale sales 143.6 128.9 14.7 11.4 % 1.9 9.9 %
Total used 1,882.8 1,782.3 100.5 5.6 % 21.3 4.4 %
Parts and service sales 700.2 680.2 20.1 2.9 % 5.5 2.1 %
F&I, net 229.7 225.5 4.2 1.9 % 1.2 1.3 %
Total revenues $5,579.9 $5,546.0 $33.8 0.6 % $47.1 (0.2) %
Gross profit:
New vehicle retail sales $181.3 $205.1 $(23.8) (11.6) % $1.7 (12.5) %
Used vehicle retail sales 71.8 79.3 (7.5) (9.4) % 0.7 (10.3) %
Used vehicle wholesale sales (2.7) (1.7) (1.0) (61.2) % (0.2) (51.8) %
Total used 69.1 77.6 (8.5) (10.9) % 0.5 (11.6) %
Parts and service sales 394.2 370.9 23.3 6.3 % 3.1 5.4 %
F&I, net 229.7 225.5 4.2 1.9 % 1.2 1.3 %
Total gross profit $874.4 $879.2 $(4.8) (0.5) % $6.6 (1.3) %
Gross margin:
New vehicle retail sales 6.6 % 7.2 % (0.6) %
Used vehicle retail sales 4.1 % 4.8 % (0.7) %
Used vehicle wholesale sales (1.9) % (1.3) % (0.6) %
Total used 3.7 % 4.4 % (0.7) %
Parts and service sales 56.3 % 54.5 % 1.8 %
Total gross margin 15.7 % 15.9 % (0.2) %
Units sold:
Retail new vehicles sold (1) 55,035 57,939 (2,904) (5.0) %
Retail used vehicles sold (1) 55,474 55,337 137 0.2 %
Wholesale used vehicles sold 15,553 14,733 820 5.6 %
Total used 71,027 70,070 957 1.4 %
Average sales price per unit sold:
New vehicle retail (1) $52,776 $51,106 $1,670 3.3 % $357 2.6 %
Used vehicle retail (1) $31,407 $29,879 $1,528 5.1 % $350 3.9 %
Gross profit per unit sold:
New vehicle retail sales $3,294 $3,540 $(246) (7.0) % $32 (7.9) %
Used vehicle retail sales $1,295 $1,433 $(138) (9.6) % $13 (10.5) %
Used vehicle wholesale sales $(172) $(113) $(60) (52.7) % $(10) (43.8) %
Total used $973 $1,108 $(134) (12.1) % $8 (12.8) %
F&I PRU $2,079 $1,991 $88 4.4 % $10 3.9 %
Other:
SG&A expenses $627.3 $614.3 $13.0 2.1 % $5.9 1.2 %
Adjusted SG&A expenses (2) $633.2 $616.3 $17.0 2.8 % $5.9 1.8 %
SG&A as % gross profit 71.7 % 69.9 % 1.9 %
Adjusted SG&A as % gross profit (2) 72.4 % 70.1 % 2.3 %
Operating margin % 2.5 % 3.3 % (0.8) %
Adjusted operating margin % (2) 3.8 % 4.2 % (0.4) %
Pretax margin % 1.1 % 2.2 % (1.1) %
Adjusted pretax margin % (2) 2.4 % 3.1 % (0.7) %
Floorplan expense:
Floorplan interest expense $24.5 $32.2 $(7.7) (23.8) % $0.3 (24.7) %
Less: Floorplan assistance (3) 24.5 25.0 (0.5) (1.8) % (1.8) %
Net floorplan expense
$ - $7.2 $(7.2) $0.3
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
(3)
Floorplan assistance is included within New vehicle retail Gross profit above and New vehicle retail Cost of sales in our Condensed Consolidated Statements of Operations.
Group 1 Automotive, Inc.
Reported Operating Data - Consolidated
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $10,989.9 $9,972.4 $1,017.5 10.2 % $65.9 9.5 %
Used vehicle retail sales 7,195.0 6,179.9 1,015.1 16.4 % 65.1 15.4 %
Used vehicle wholesale sales 607.3 462.4 144.9 31.3 % 7.1 29.8 %
Total used 7,802.3 6,642.3 1,160.0 17.5 % 72.2 16.4 %
Parts and service sales 2,844.6 2,491.0 353.6 14.2 % 17.3 13.5 %
F&I, net 934.6 828.7 105.9 12.8 % 3.9 12.3 %
Total revenues $22,571.4 $19,934.3 $2,637.1 13.2 % $159.1 12.4 %
Gross profit:
New vehicle retail sales $755.4 $717.9 $37.5 5.2 % $5.3 4.5 %
Used vehicle retail sales 347.2 330.0 17.1 5.2 % 2.5 4.4 %
Used vehicle wholesale sales (0.9) (3.3) 2.4 72.6 % (0.3) 81.9 %
Total used 346.2 326.7 19.5 6.0 % 2.2 5.3 %
Parts and service sales 1,585.6 1,367.7 217.9 15.9 % 9.9 15.2 %
F&I, net 934.6 828.7 105.9 12.8 % 3.9 12.3 %
Total gross profit $3,621.8 $3,241.0 $380.8 11.8 % $21.2 11.1 %
Gross margin:
New vehicle retail sales 6.9 % 7.2 % (0.3) %
Used vehicle retail sales 4.8 % 5.3 % (0.5) %
Used vehicle wholesale sales (0.1) % (0.7) % 0.6 %
Total used 4.4 % 4.9 % (0.5) %
Parts and service sales 55.7 % 54.9 % 0.8 %
Total gross margin 16.0 % 16.3 % (0.2) %
Units sold:
Retail new vehicles sold (1) 224,166 203,677 20,489 10.1 %
Retail used vehicles sold (1) 234,906 209,687 25,219 12.0 %
Wholesale used vehicles sold 64,955 52,600 12,355 23.5 %
Total used 299,861 262,287 37,574 14.3 %
Average sales price per unit sold:
New vehicle retail (1) $50,990 $49,817 $1,172 2.4 % $302 1.7 %
Used vehicle retail (1) $30,657 $29,472 $1,185 4.0 % $278 3.1 %
Gross profit per unit sold:
New vehicle retail sales $3,370 $3,525 $(155) (4.4) % $24 (5.1) %
Used vehicle retail sales $1,478 $1,574 $(96) (6.1) % $11 (6.8) %
Used vehicle wholesale sales $(14) $(63) $49 77.8 % $(5) 85.3 %
Total used $1,155 $1,246 $(91) (7.3) % $7 (7.9) %
F&I PRU $2,036 $2,005 $31 1.6 % $8 1.1 %
Other:
SG&A expenses $2,545.5 $2,179.2 $366.3 16.8 % $18.1 16.0 %
Adjusted SG&A expenses (2) $2,541.1 $2,200.5 $340.6 15.5 % $18.3 14.6 %
SG&A as % gross profit 70.3 % 67.2 % 3.0 %
Adjusted SG&A as % gross profit (2) 70.2 % 67.9 % 2.3 %
Operating margin % 3.3 % 4.5 % (1.3) %
Adjusted operating margin % (2) 4.3 % 4.7 % (0.4) %
Pretax margin % 2.0 % 3.3 % (1.3) %
Adjusted pretax margin % (2) 3.0 % 3.5 % (0.5) %
Floorplan expense:
Floorplan interest expense $101.5 $108.5 $(7.0) (6.5) % $0.7 (7.1) %
Less: Floorplan assistance (3) 91.0 88.4 2.6 3.0 % 3.0 %
Net floorplan expense $10.5 $20.1 $(9.6) $0.7
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
(3)
Floorplan assistance is included within New vehicle retail Gross profit above and New vehicle retail Cost of sales in our Condensed Consolidated Statements of Operations.
Group 1 Automotive, Inc.
Reported Operating Data - U.S.
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
Revenues:
New vehicle retail sales $2,240.1 $2,283.9 $(43.9) (1.9) %
Used vehicle retail sales 1,180.7 1,140.9 39.8 3.5 %
Used vehicle wholesale sales 88.1 82.6 5.5 6.7 %
Total used 1,268.9 1,223.5 45.4 3.7 %
Parts and service sales 544.0 531.7 12.3 2.3 %
F&I, net 197.0 195.7 1.3 0.7 %
Total revenues $4,249.9 $4,234.8 $15.1 0.4 %
Gross profit:
New vehicle retail sales $136.2 $155.5 $(19.3) (12.4) %
Used vehicle retail sales 51.0 55.5 (4.5) (8.1) %
Used vehicle wholesale sales 0.6 0.6 5.9 %
Total used 51.6 56.1 (4.5) (8.0) %
Parts and service sales 306.4 288.6 17.8 6.2 %
F&I, net 197.0 195.7 1.3 0.7 %
Total gross profit $691.2 $695.9 $(4.7) (0.7) %
Gross margin:
New vehicle retail sales 6.1 % 6.8 % (0.7) %
Used vehicle retail sales 4.3 % 4.9 % (0.5) %
Used vehicle wholesale sales 0.7 % 0.7 % - %
Total used 4.1 % 4.6 % (0.5) %
Parts and service sales 56.3 % 54.3 % 2.0 %
Total gross margin 16.3 % 16.4 % (0.2) %
Units sold:
Retail new vehicles sold 41,777 43,348 (1,571) (3.6) %
Retail used vehicles sold 37,596 37,699 (103) (0.3) %
Wholesale used vehicles sold 9,756 9,594 162 1.7 %
Total used 47,352 47,293 59 0.1 %
Average sales price per unit sold:
New vehicle retail $53,619 $52,688 $931 1.8 %
Used vehicle retail $31,406 $30,264 $1,142 3.8 %
Gross profit per unit sold:
New vehicle retail sales $3,260 $3,587 $(327) (9.1) %
Used vehicle retail sales $1,358 $1,473 $(116) (7.9) %
Used vehicle wholesale sales $61 $58 $2 4.1 %
Total used $1,091 $1,186 $(96) (8.1) %
F&I PRU $2,482 $2,415 $67 2.8 %
Other:
SG&A expenses $464.0 $446.1 $17.9 4.0 %
Adjusted SG&A expenses (1) $468.8 $449.5 $19.3 4.3 %
SG&A as % gross profit 67.1 % 64.1 % 3.0 %
Adjusted SG&A as % gross profit (1) 67.8 % 64.6 % 3.2 %
(1) See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Reported Operating Data - U.S.
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
Revenues:
New vehicle retail sales $8,528.7 $8,110.1 $418.6 5.2 %
Used vehicle retail sales 4,758.7 4,550.7 208.0 4.6 %
Used vehicle wholesale sales 357.5 323.8 33.7 10.4 %
Total used 5,116.2 4,874.5 241.8 5.0 %
Parts and service sales 2,198.3 2,052.7 145.7 7.1 %
F&I, net 783.5 735.6 47.9 6.5 %
Total revenues $16,626.8 $15,772.9 $853.9 5.4 %
Gross profit:
New vehicle retail sales $555.4 $571.8 $(16.4) (2.9) %
Used vehicle retail sales 246.1 249.2 (3.1) (1.3) %
Used vehicle wholesale sales 6.7 4.5 2.2 49.6 %
Total used 252.8 253.7 (0.9) (0.4) %
Parts and service sales 1,218.2 1,119.7 98.5 8.8 %
F&I, net 783.5 735.6 47.9 6.5 %
Total gross profit $2,809.9 $2,680.9 $129.0 4.8 %
Gross margin:
New vehicle retail sales 6.5 % 7.1 % (0.5) %
Used vehicle retail sales 5.2 % 5.5 % (0.3) %
Used vehicle wholesale sales 1.9 % 1.4 % 0.5 %
Total used 4.9 % 5.2 % (0.3) %
Parts and service sales 55.4 % 54.5 % 0.9 %
Total gross margin 16.9 % 17.0 % (0.1) %
Units sold:
Retail new vehicles sold 162,261 157,662 4,599 2.9 %
Retail used vehicles sold 155,510 152,970 2,540 1.7 %
Wholesale used vehicles sold 39,618 37,223 2,395 6.4 %
Total used 195,128 190,193 4,935 2.6 %
Average sales price per unit sold:
New vehicle retail $52,562 $51,440 $1,122 2.2 %
Used vehicle retail $30,601 $29,749 $852 2.9 %
Gross profit per unit sold:
New vehicle retail sales $3,423 $3,627 $(204) (5.6) %
Used vehicle retail sales $1,582 $1,629 $(47) (2.9) %
Used vehicle wholesale sales $170 $121 $49 40.5 %
Total used $1,296 $1,334 $(38) (2.9) %
F&I PRU $2,466 $2,368 $98 4.1 %
Other:
SG&A expenses $1,864.1 $1,704.0 $160.1 9.4 %
Adjusted SG&A expenses (1) $1,858.9 $1,735.8 $123.2 7.1 %
SG&A as % gross profit 66.3 % 63.6 % 2.8 %
Adjusted SG&A as % gross profit (1) 66.2 % 64.7 % 1.4 %
( See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP
reconciliation of these figures.
1)
Group 1 Automotive, Inc.
Reported Operating Data - U.K.
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $527.1 $574.1 $(47.1) (8.2) % $19.0 (11.5) %
Used vehicle retail sales 558.5 512.5 46.0 9.0 % 19.4 5.2 %
Used vehicle wholesale sales 55.4 46.3 9.1 19.8 % 1.9 15.6 %
Total used 613.9 558.7 55.1 9.9 % 21.3 6.1 %
Parts and service sales 156.3 148.5 7.7 5.2 % 5.5 1.5 %
F&I, net 32.8 29.8 2.9 9.8 % 1.2 5.9 %
Total revenues $1,330.0 $1,311.2 $18.7 1.4 % $47.1 (2.2) %
Gross profit:
New vehicle retail sales $45.1 $49.6 $(4.6) (9.2) % $1.7 (12.7) %
Used vehicle retail sales 20.8 23.7 (3.0) (12.4) % 0.7 (15.4) %
Used vehicle wholesale sales (3.3) (2.2) (1.1) (47.3) % (0.2) (40.2) %
Total used 17.5 21.5 (4.0) (18.6) % 0.5 (21.2) %
Parts and service sales 87.8 82.3 5.5 6.7 % 3.1 2.9 %
F&I, net 32.8 29.8 2.9 9.8 % 1.2 5.9 %
Total gross profit $183.2 $183.3 $(0.1) (0.1) % $6.6 (3.7) %
Gross margin:
New vehicle retail sales 8.6 % 8.6 % (0.1) %
Used vehicle retail sales 3.7 % 4.6 % (0.9) %
Used vehicle wholesale sales (5.9) % (4.8) % (1.1) %
Total used 2.9 % 3.8 % (1.0) %
Parts and service sales 56.2 % 55.4 % 0.8 %
Total gross margin 13.8 % 14.0 % (0.2) %
Units sold:
Retail new vehicles sold (1) 13,258 14,591 (1,333) (9.1) %
Retail used vehicles sold (1) 17,878 17,638 240 1.4 %
Wholesale used vehicles sold 5,797 5,139 658 12.8 %
Total used 23,675 22,777 898 3.9 %
Average sales price per unit sold:
New vehicle retail (1) $49,419 $45,597 $3,822 8.4 % $1,779 4.5 %
Used vehicle retail (1) $31,408 $29,055 $2,353 8.1 % $1,091 4.3 %
Gross profit per unit sold:
New vehicle retail sales $3,401 $3,403 $(1) - % $131 (3.9) %
Used vehicle retail sales $1,162 $1,345 $(183) (13.6) % $40 (16.5) %
Used vehicle wholesale sales $(565) $(433) $(132) (30.6) % $(27) (24.3) %
Total used $739 $944 $(205) (21.7) % $23 (24.2) %
F&I PRU $1,052 $926 $126 13.6 % $37 9.6 %
Other:
SG&A expenses $163.3 $168.2 $(4.9) (2.9) % $5.9 (6.4) %
Adjusted SG&A expenses (2) $164.4 $166.7 $(2.3) (1.4) % $5.9 (5.0) %
SG&A as % gross profit 89.2 % 91.8 % (2.6) %
Adjusted SG&A as % gross profit (2) 89.8 % 91.0 % (1.2) %
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Reported Operating Data - U.K.
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $2,461.2 $1,862.3 $598.9 32.2 % $65.9 28.6 %
Used vehicle retail sales 2,436.3 1,629.2 807.1 49.5 % 65.1 45.5 %
Used vehicle wholesale sales 249.8 138.6 111.2 80.2 % 7.1 75.1 %
Total used 2,686.0 1,767.8 918.2 51.9 % 72.2 47.9 %
Parts and service sales 646.3 438.3 207.9 47.4 % 17.3 43.5 %
F&I, net 151.1 93.0 58.0 62.4 % 3.9 58.2 %
Total revenues $5,944.6 $4,161.5 $1,783.1 42.8 % $159.1 39.0 %
Gross profit:
New vehicle retail sales $200.0 $146.0 $54.0 36.9 % $5.3 33.3 %
Used vehicle retail sales 101.1 80.8 20.3 25.1 % 2.5 22.0 %
Used vehicle wholesale sales (7.6) (7.8) 0.2 2.0 % (0.3) 5.9 %
Total used 93.4 73.0 20.4 28.0 % 2.2 25.0 %
Parts and service sales 367.4 248.0 119.4 48.1 % 9.9 44.2 %
F&I, net 151.1 93.0 58.0 62.4 % 3.9 58.2 %
Total gross profit $811.9 $560.1 $251.8 45.0 % $21.2 41.2 %
Gross margin:
New vehicle retail sales 8.1 % 7.8 % 0.3 %
Used vehicle retail sales 4.1 % 5.0 % (0.8) %
Used vehicle wholesale sales (3.1) % (5.6) % 2.6 %
Total used 3.5 % 4.1 % (0.7) %
Parts and service sales 56.9 % 56.6 % 0.3 %
Total gross margin 13.7 % 13.5 % 0.2 %
Units sold:
Retail new vehicles sold (1) 61,905 46,015 15,890 34.5 %
Retail used vehicles sold (1) 79,396 56,717 22,679 40.0 %
Wholesale used vehicles sold 25,337 15,377 9,960 64.8 %
Total used 104,733 72,094 32,639 45.3 %
Average sales price per unit sold:
New vehicle retail (1) $46,143 $43,765 $2,378 5.4 % $1,233 2.6 %
Used vehicle retail (1) $30,768 $28,725 $2,042 7.1 % $822 4.2 %
Gross profit per unit sold:
New vehicle retail sales $3,231 $3,174 $57 1.8 % $86 (0.9) %
Used vehicle retail sales $1,273 $1,425 $(152) (10.6) % $31 (12.8) %
Used vehicle wholesale sales $(302) $(508) $206 40.5 % $(12) 42.9 %
Total used $892 $1,013 $(121) (11.9) % $21 (14.0) %
F&I PRU $1,069 $906 $163 18.1 % $27 15.0 %
Other:
SG&A expenses $681.4 $475.2 $206.2 43.4 % $18.1 39.6 %
Adjusted SG&A expenses (2) $682.1 $464.7 $217.4 46.8 % $18.3 42.9 %
SG&A as % gross profit 83.9 % 84.8 % (0.9) %
Adjusted SG&A as % gross profit (2) 84.0 % 83.0 % 1.0 %
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Same Store Operating Data - Consolidated
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $2,672.0 $2,797.9 $(126.0) (4.5) % $18.5 (5.2) %
Used vehicle retail sales 1,674.4 1,599.7 74.7 4.7 % 19.0 3.5 %
Used vehicle wholesale sales 138.1 122.6 15.4 12.6 % 1.9 11.1 %
Total used 1,812.4 1,722.3 90.1 5.2 % 20.9 4.0 %
Parts and service sales 678.6 652.4 26.2 4.0 % 5.4 3.2 %
F&I, net 223.5 220.4 3.1 1.4 % 1.1 0.9 %
Total revenues $5,386.5 $5,393.0 $(6.5) (0.1) % $46.0 (1.0) %
Gross profit:
New vehicle retail sales $172.3 $201.0 $(28.7) (14.3) % $1.7 (15.1) %
Used vehicle retail sales 69.5 76.9 (7.4) (9.6) % 0.7 (10.5) %
Used vehicle wholesale sales (2.3) (1.3) (1.1) (82.3) % (0.1) (71.4) %
Total used 67.2 75.7 (8.5) (11.2) % 0.6 (11.9) %
Parts and service sales 382.2 358.1 24.1 6.7 % 3.1 5.9 %
F&I, net 223.5 220.4 3.1 1.4 % 1.1 0.9 %
Total gross profit $845.2 $855.2 $(9.9) (1.2) % $6.4 (1.9) %
Gross margin:
New vehicle retail sales 6.4 % 7.2 % (0.7) %
Used vehicle retail sales 4.2 % 4.8 % (0.7) %
Used vehicle wholesale sales (1.7) % (1.0) % (0.6) %
Total used 3.7 % 4.4 % (0.7) %
Parts and service sales 56.3 % 54.9 % 1.4 %
Total gross margin 15.7 % 15.9 % (0.2) %
Units sold:
Retail new vehicles sold (1) 53,414 56,325 (2,911) (5.2) %
Retail used vehicles sold (1) 53,654 53,012 642 1.2 %
Wholesale used vehicles sold 15,035 13,839 1,196 8.6 %
Total used 68,689 66,851 1,838 2.7 %
Average sales price per unit sold:
New vehicle retail (1) $52,543 $51,416 $1,127 2.2 % $360 1.5 %
Used vehicle retail (1) $31,263 $30,176 $1,087 3.6 % $355 2.4 %
Gross profit per unit sold:
New vehicle retail sales $3,225 $3,569 $(343) (9.6) % $31 (10.5) %
Used vehicle retail sales $1,296 $1,451 $(156) (10.7) % $13 (11.6) %
Used vehicle wholesale sales $(156) $(93) $(63) (67.8) % $(9) (57.8) %
Total used $978 $1,132 $(154) (13.6) % $8 (14.3) %
F&I PRU $2,088 $2,016 $72 3.6 % $11 3.0 %
Other:
SG&A expenses $613.2 $584.5 $28.7 4.9 % $5.7 3.9 %
Adjusted SG&A expenses (2) $610.7 $583.1 $27.5 4.7 % $5.7 3.7 %
SG&A as % gross profit 72.5 % 68.4 % 4.2 %
Adjusted SG&A as % gross profit (2) 72.2 % 68.2 % 4.1 %
Operating margin % 2.5 % 3.9 % (1.4) %
Adjusted operating margin % (2) 3.8 % 4.5 % (0.7) %
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Same Store Operating Data - Consolidated
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $10,052.0 $9,772.2 $279.8 2.9 % $53.5 2.3 %
Used vehicle retail sales 6,351.5 6,031.9 319.7 5.3 % 52.9 4.4 %
Used vehicle wholesale sales 510.5 447.3 63.2 14.1 % 5.4 12.9 %
Total used 6,862.0 6,479.2 382.8 5.9 % 58.3 5.0 %
Parts and service sales 2,593.3 2,422.3 171.0 7.1 % 13.8 6.5 %
F&I, net 875.3 813.0 62.3 7.7 % 3.2 7.3 %
Total revenues $20,382.7 $19,486.8 $896.0 4.6 % $128.7 3.9 %
Gross profit:
New vehicle retail sales $667.9 $703.5 $(35.6) (5.1) % $4.3 (5.7) %
Used vehicle retail sales 311.1 321.4 (10.3) (3.2) % 2.1 (3.9) %
Used vehicle wholesale sales 1.7 (2.9) 4.6 NM (0.3) NM
Total used 312.8 318.5 (5.7) (1.8) % 1.8 (2.4) %
Parts and service sales 1,441.9 1,331.5 110.4 8.3 % 7.9 7.7 %
F&I, net 875.3 813.0 62.3 7.7 % 3.2 7.3 %
Total gross profit $3,297.9 $3,166.5 $131.4 4.1 % $17.1 3.6 %
Gross margin:
New vehicle retail sales 6.6 % 7.2 % (0.6) %
Used vehicle retail sales 4.9 % 5.3 % (0.4) %
Used vehicle wholesale sales 0.3 % (0.7) % 1.0 %
Total used 4.6 % 4.9 % (0.4) %
Parts and service sales 55.6 % 55.0 % 0.6 %
Total gross margin 16.2 % 16.2 % (0.1) %
Units sold:
Retail new vehicles sold (1) 201,060 198,603 2,457 1.2 %
Retail used vehicles sold (1) 208,955 203,448 5,507 2.7 %
Wholesale used vehicles sold 56,153 50,413 5,740 11.4 %
Total used 265,108 253,861 11,247 4.4 %
Average sales price per unit sold:
New vehicle retail (1) $51,322 $50,059 $1,263 2.5 % $270 2.0 %
Used vehicle retail (1) $30,423 $29,648 $775 2.6 % $253 1.8 %
Gross profit per unit sold:
New vehicle retail sales $3,322 $3,542 $(220) (6.2) % $21 (6.8) %
Used vehicle retail sales $1,489 $1,580 $(91) (5.8) % $10 (6.4) %
Used vehicle wholesale sales $30 $(58) $88 NM $(5) NM
Total used $1,180 $1,255 $(75) (6.0) % $7 (6.5) %
F&I PRU $2,135 $2,022 $113 5.6 % $8 5.2 %
Other:
SG&A expenses $2,298.1 $2,157.7 $140.4 6.5 % $14.6 5.8 %
Adjusted SG&A expenses (2) $2,277.4 $2,122.7 $154.7 7.3 % $14.7 6.6 %
SG&A as % gross profit 69.7 % 68.1 % 1.5 %
Adjusted SG&A as % gross profit (2) 69.1 % 67.0 % 2.0 %
Operating margin % 4.0 % 4.5 % (0.4) %
Adjusted operating margin % (2) 4.5 % 4.8 % (0.3) %
( Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
1)
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
NM - Not Meaningful
Group 1 Automotive, Inc.
Same Store Operating Data - U.S.
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
Revenues:
New vehicle retail sales $2,156.1 $2,239.0 $(82.9) (3.7) %
Used vehicle retail sales 1,127.4 1,117.3 10.1 0.9 %
Used vehicle wholesale sales 84.1 79.4 4.7 5.9 %
Total used 1,211.5 1,196.7 14.8 1.2 %
Parts and service sales 525.5 510.6 14.9 2.9 %
F&I, net 191.3 192.0 (0.7) (0.4) %
Total revenues $4,084.4 $4,138.3 $(53.9) (1.3) %
Gross profit:
New vehicle retail sales $128.8 $154.0 $(25.2) (16.3) %
Used vehicle retail sales 49.3 54.6 (5.3) (9.8) %
Used vehicle wholesale sales 0.6 0.6 (0.1) (9.5) %
Total used 49.9 55.3 (5.4) (9.8) %
Parts and service sales 295.7 279.6 16.1 5.8 %
F&I, net 191.3 192.0 (0.7) (0.4) %
Total gross profit $665.7 $680.9 $(15.2) (2.2) %
Gross margin:
New vehicle retail sales 6.0 % 6.9 % (0.9) %
Used vehicle retail sales 4.4 % 4.9 % (0.5) %
Used vehicle wholesale sales 0.7 % 0.8 % (0.1) %
Total used 4.1 % 4.6 % (0.5) %
Parts and service sales 56.3 % 54.8 % 1.5 %
Total gross margin 16.3 % 16.5 % (0.2) %
Units sold:
Retail new vehicles sold 40,500 42,261 (1,761) (4.2) %
Retail used vehicles sold 36,181 36,767 (586) (1.6) %
Wholesale used vehicles sold 9,413 9,210 203 2.2 %
Total used 45,594 45,977 (383) (0.8) %
Average sales price per unit sold:
New vehicle retail $53,237 $52,980 $257 0.5 %
Used vehicle retail $31,161 $30,389 $771 2.5 %
Gross profit per unit sold:
New vehicle retail sales $3,181 $3,644 $(463) (12.7) %
Used vehicle retail sales $1,362 $1,486 $(123) (8.3) %
Used vehicle wholesale sales $61 $69 $(8) (11.4) %
Total used $1,094 $1,202 $(108) (9.0) %
F&I PRU $2,495 $2,429 $65 2.7 %
Other:
SG&A expenses $453.8 $428.0 $25.8 6.0 %
Adjusted SG&A expenses (1) $451.2 $428.0 $23.3 5.4 %
SG&A as % gross profit 68.2 % 62.9 % 5.3 %
Adjusted SG&A as % gross profit (1) 67.8 % 62.9 % 4.9 %
(1) See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP
reconciliation of these figures.
Group 1 Automotive, Inc.
Same Store Operating Data - U.S.
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change
(Decrease)
Revenues:
New vehicle retail sales $8,269.1 $7,934.1 $334.9 4.2 %
Used vehicle retail sales 4,617.5 4,456.7 160.9 3.6 %
Used vehicle wholesale sales 345.6 313.4 32.2 10.3 %
Total used 4,963.1 4,770.1 193.0 4.0 %
Parts and service sales 2,144.1 2,001.7 142.4 7.1 %
F&I, net 767.2 722.6 44.6 6.2 %
Total revenues $16,143.4 $15,428.5 $714.9 4.6 %
Gross profit:
New vehicle retail sales $531.9 $561.6 $(29.7) (5.3) %
Used vehicle retail sales 240.1 244.1 (4.0) (1.6) %
Used vehicle wholesale sales 6.7 4.4 2.3 51.1 %
Total used 246.8 248.5 (1.7) (0.7) %
Parts and service sales 1,185.6 1,093.1 92.5 8.5 %
F&I, net 767.2 722.6 44.6 6.2 %
Total gross profit $2,731.4 $2,625.7 $105.7 4.0 %
Gross margin:
New vehicle retail sales 6.4 % 7.1 % (0.6) %
Used vehicle retail sales 5.2 % 5.5 % (0.3) %
Used vehicle wholesale sales 1.9 % 1.4 % 0.5 %
Total used 5.0 % 5.2 % (0.2) %
Parts and service sales 55.3 % 54.6 % 0.7 %
Total gross margin 16.9 % 17.0 % (0.1) %
Units sold:
Retail new vehicles sold 157,790 153,436 4,354 2.8 %
Retail used vehicles sold 151,406 149,267 2,139 1.4 %
Wholesale used vehicles sold 38,496 35,859 2,637 7.4 %
Total used 189,902 185,126 4,776 2.6 %
Average sales price per unit sold:
New vehicle retail $52,405 $51,710 $696 1.3 %
Used vehicle retail $30,498 $29,857 $641 2.1 %
Gross profit per unit sold:
New vehicle retail sales $3,371 $3,660 $(289) (7.9) %
Used vehicle retail sales $1,586 $1,635 $(49) (3.0) %
Used vehicle wholesale sales $174 $124 $50 40.7 %
Total used $1,299 $1,342 $(43) (3.2) %
F&I PRU $2,481 $2,387 $94 3.9 %
Other:
SG&A expenses $1,822.6 $1,704.3 $118.3 6.9 %
Adjusted SG&A expenses (1) $1,802.9 $1,679.7 $123.2 7.3 %
SG&A as % gross profit 66.7 % 64.9 % 1.8 %
Adjusted SG&A as % gross profit (1) 66.0 % 64.0 % 2.0 %
(1) See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP
reconciliation of these figures.
Group 1 Automotive, Inc.
Same Store Operating Data - U.K.
(Unaudited)
(In millions, except unit data)
Three Months Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $515.9 $558.9 $(43.1) (7.7) % $18.5 (11.0) %
Used vehicle retail sales 546.9 482.3 64.6 13.4 % 19.0 9.4 %
Used vehicle wholesale sales 54.0 43.3 10.8 24.8 % 1.9 20.5 %
Total used 601.0 525.6 75.3 14.3 % 20.9 10.4 %
Parts and service sales 153.1 141.7 11.3 8.0 % 5.4 4.2 %
F&I, net 32.2 28.4 3.8 13.4 % 1.1 9.5 %
Total revenues $1,302.1 $1,254.7 $47.4 3.8 % $46.0 0.1 %
Gross profit:
New vehicle retail sales $43.5 $47.0 $(3.6) (7.6) % $1.7 (11.1) %
Used vehicle retail sales 20.2 22.3 (2.1) (9.3) % 0.7 (12.4) %
Used vehicle wholesale sales (2.9) (1.9) (1.0) (51.9) % (0.1) (44.6) %
Total used 17.3 20.4 (3.1) (15.1) % 0.6 (17.8) %
Parts and service sales 86.5 78.5 8.0 10.3 % 3.1 6.4 %
F&I, net 32.2 28.4 3.8 13.4 % 1.1 9.5 %
Total gross profit $179.5 $174.3 $5.2 3.0 % $6.4 (0.7) %
Gross margin:
New vehicle retail sales 8.4 % 8.4 % - %
Used vehicle retail sales 3.7 % 4.6 % (0.9) %
Used vehicle wholesale sales (5.4) % (4.4) % (1.0) %
Total used 2.9 % 3.9 % (1.0) %
Parts and service sales 56.5 % 55.4 % 1.2 %
Total gross margin 13.8 % 13.9 % (0.1) %
Units sold:
Retail new vehicles sold (1) 12,914 14,064 (1,150) (8.2) %
Retail used vehicles sold (1) 17,473 16,245 1,228 7.6 %
Wholesale used vehicles sold 5,622 4,629 993 21.5 %
Total used 23,095 20,874 2,221 10.6 %
Average sales price per unit sold:
New vehicle retail (1) $49,787 $45,923 $3,865 8.4 % $1,788 4.5 %
Used vehicle retail (1) $31,476 $29,693 $1,783 6.0 % $1,094 2.3 %
Gross profit per unit sold:
New vehicle retail sales $3,365 $3,342 $22 0.7 % $129 (3.2) %
Used vehicle retail sales $1,158 $1,373 $(215) (15.7) % $40 (18.6) %
Used vehicle wholesale sales $(519) $(415) $(104) (25.1) % $(25) (19.1) %
Total used $750 $977 $(227) (23.2) % $24 (25.7) %
F&I PRU $1,060 $937 $123 13.1 % $37 9.2 %
Other:
SG&A expenses $159.4 $156.5 $2.9 1.9 % $5.7 (1.8) %
Adjusted SG&A expenses (2) $159.4 $155.2 $4.3 2.8 % $5.7 (0.9) %
SG&A as % gross profit 88.8 % 89.8 % (1.0) %
Adjusted SG&A as % gross profit (2) 88.8 % 89.0 % (0.2) %
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Same Store Operating Data - U.K.
(Unaudited)
(In millions, except unit data)
Years Ended December 31,
2025 2024 Increase/ % Change Currency Constant
(Decrease) Impact on Currency
Current % Change
Period
Results
Revenues:
New vehicle retail sales $1,783.0 $1,838.1 $(55.1) (3.0) % $53.5 (5.9) %
Used vehicle retail sales 1,734.0 1,575.2 158.8 10.1 % 52.9 6.7 %
Used vehicle wholesale sales 164.9 133.9 31.0 23.1 % 5.4 19.1 %
Total used 1,898.9 1,709.1 189.8 11.1 % 58.3 7.7 %
Parts and service sales 449.2 420.6 28.6 6.8 % 13.8 3.5 %
F&I, net 108.2 90.5 17.7 19.6 % 3.2 16.0 %
Total revenues $4,239.3 $4,058.3 $181.0 4.5 % $128.7 1.3 %
Gross profit:
New vehicle retail sales $136.0 $141.9 $(6.0) (4.2) % $4.3 (7.2) %
Used vehicle retail sales 71.0 77.3 (6.4) (8.2) % 2.1 (10.9) %
Used vehicle wholesale sales (5.0) (7.4) 2.4 32.1 % (0.3) 35.6 %
Total used 66.0 70.0 (4.0) (5.7) % 1.8 (8.3) %
Parts and service sales 256.3 238.4 17.9 7.5 % 7.9 4.2 %
F&I, net 108.2 90.5 17.7 19.6 % 3.2 16.0 %
Total gross profit $566.4 $540.8 $25.6 4.7 % $17.1 1.6 %
Gross margin:
New vehicle retail sales 7.6 % 7.7 % (0.1) %
Used vehicle retail sales 4.1 % 4.9 % (0.8) %
Used vehicle wholesale sales (3.0) % (5.5) % 2.5 %
Total used 3.5 % 4.1 % (0.6) %
Parts and service sales 57.1 % 56.7 % 0.4 %
Total gross margin 13.4 % 13.3 % - %
Units sold:
Retail new vehicles sold (1) 43,270 45,167 (1,897) (4.2) %
Retail used vehicles sold (1) 57,549 54,181 3,368 6.2 %
Wholesale used vehicles sold 17,657 14,554 3,103 21.3 %
Total used 75,206 68,735 6,471 9.4 %
Average sales price per unit sold:
New vehicle retail (1) $46,784 $43,964 $2,819 6.4 % $1,400 3.2 %
Used vehicle retail (1) $30,227 $29,073 $1,154 4.0 % $922 0.8 %
Gross profit per unit sold:
New vehicle retail sales $3,142 $3,142
$ - - % $99 (3.1) %
Used vehicle retail sales $1,234 $1,428 $(194) (13.6) % $36 (16.1) %
Used vehicle wholesale sales $(283) $(506) $223 44.1 % $(14) 46.9 %
Total used $878 $1,018 $(141) (13.8) % $24 (16.2) %
F&I PRU $1,073 $911 $162 17.8 % $32 14.3 %
Other:
SG&A expenses $475.5 $453.4 $22.1 4.9 % $14.6 1.7 %
Adjusted SG&A expenses (2) $474.5 $443.0 $31.5 7.1 % $14.7 3.8 %
SG&A as % gross profit 83.9 % 83.8 % 0.1 %
Adjusted SG&A as % gross profit (2) 83.8 % 81.9 % 1.9 %
(1) Retail new and used vehicle units sold include new and used vehicle agency units. The agency units and related revenues are excluded from the calculation of the average sales price per unit sold for new and used
vehicles due to their net presentation within revenues. The agency units and related net revenues are included in the calculation of gross profit per unit sold.
(2)
See the section in this release titled "Reconciliation of Certain Non-GAAP Financial Measures" for the GAAP to non-GAAP reconciliation of these figures.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - Consolidated
(Unaudited)
(In millions, except per share data)
Three Months Ended December 31, 2025
U.S. GAAP Dealership Severance Restructuring Acquisition Legal items Asset Non-GAAP
and real costs charges costs and other impairments adjusted
estate professional and
transactions fees accelerated
depreciation
SG&A expenses $627.3 $8.5 $(0.5)
$ - $(0.1) $(1.9)
$ - $633.2
Depreciation and amortization expense $31.5
$ -
$ -
$ -
$ -
$ - $(1.3) $30.2
Asset impairments $68.2
$ -
$ -
$ -
$ -
$ - $(68.2)
$ -
Restructuring charges $8.1
$ -
$ - $(8.1)
$ -
$ -
$ -
$ -
Income (loss) from operations $139.3 $(8.5) $0.5 $8.1 $0.1 $1.9 $69.5 $211.0
Income (loss) before income taxes $62.3 $(8.5) $0.5 $8.1 $0.1 $1.9 $69.5 $134.0
Less: Provision (benefit) for income taxes 19.3 (2.7) 0.1 2.1 0.4 9.7 29.0
Net income (loss) from continuing operations 43.0 (5.8) 0.4 6.0 0.1 1.5 59.8 105.0
Less: Earnings (loss) allocated to participating 0.5 (0.1) 0.1 0.6 1.1
securities
Net income (loss) from continuing operations $42.5 $(5.7) $0.3 $5.9 $0.1 $1.5 $59.1 $103.8
available to diluted common shares
Diluted earnings (loss) per common share from $3.47 $(0.47) $0.03 $0.48 $0.01 $0.12 $4.83 $8.49
continuing operations
Effective tax rate 31.0 % 21.7 %
SG&A as % gross profit (1) 71.7 % 72.4 %
Operating margin (2) 2.5 % 3.8 %
Pretax margin (3) 1.1 % 2.4 %
Same Store SG&A expenses $613.2
$ - $(0.5)
$ - $(0.1) $(1.9)
$ - $610.7
Same Store SG&A as % gross profit (1) 72.5 % 72.2 %
Same Store income from operations $135.2
$ - $0.5
$ - $0.1 $1.9 $67.9 $205.6
Same Store operating margin (2) 2.5 % 3.8 %
U.S. GAAP Non-GAAP Non-GAAP
adjustments adjusted
Net income from discontinued operations $0.6
$ - $0.6
Less: Earnings allocated to participating securities
Net income from discontinued operations available to diluted common shares $0.6
$ - $0.6
Net income $43.6 $62.0 $105.6
Less: Earnings allocated to participating securities 0.5 0.7 1.1
Net income available to diluted common shares $43.1 $61.3 $104.5
Diluted earnings per common share from discontinued operations $0.05
$ - $0.05
Diluted earnings per common share from continuing operations 3.47 5.01 8.49
Diluted earnings per common share $3.52 $5.01 $8.54
(1)
Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above.
(2) Adjusted operating margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment
charges and restructuring charges.
(3) Adjusted pretax margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment charges
and restructuring charges.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - Consolidated
(Unaudited)
(In millions, except per share data)
Three Months Ended December 31, 2024
U.S. GAAP Catastrophic Dealership Restructuring Acquisition Legal items Asset Non-GAAP
events and real charges costs and other impairments adjusted
estate professional and
transactions fees accelerated
depreciation
SG&A expenses $614.3 $0.4 $3.4
$ - $(1.7) $(0.1)
$ - $616.3
Depreciation and amortization expense $31.5
$ -
$ -
$ -
$ -
$ - $(1.8) $29.7
Asset impairments $33.0
$ -
$ -
$ -
$ -
$ - $(33.0)
$ -
Restructuring charges $16.7
$ -
$ - $(16.7)
$ -
$ -
$ -
$ -
Income (loss) from operations $193.7 $(0.4) $(3.4)
$ - $16.7 $1.7 $0.1 $34.8 $243.2
Income (loss) before income taxes $122.6 $(0.4) $(3.4) $16.7 $1.7 $0.1 $34.8 $172.1
Less: Provision (benefit) for income 28.0 (0.1) (2.2) 4.2 8.3 38.2
taxes
Net income (loss) from continuing 94.6 (0.3) (1.1) 12.5 1.7 0.1 26.5 133.9
operations
Less: Earnings allocated to 1.9 0.2 0.5 2.6
participating securities
Net income (loss) from continuing $92.7 $(0.3) $(1.1) $12.3 $1.7 $0.1 $25.9 $131.3
operations available to diluted
common shares
Diluted earnings (loss) per common $7.08 $(0.02) $(0.08) $0.94 $0.13 $0.01 $1.98 $10.02
share from continuing operations
Effective tax rate 22.9 % 22.2 %
SG&A as % gross profit (1) 69.9 % 70.1 %
Operating margin (2) 3.3 % 4.2 %
Pretax margin (3) 2.2 % 3.1 %
Same Store SG&A expenses $584.5 $0.4
$ -
$ - $(1.7) $(0.1)
$ - $583.1
Same Store SG&A as % gross profit (1) 68.4 % 68.2 %
Same Store income (loss) from $221.8 $(0.4)
$ -
$ - $1.7 $0.1 $30.0 $253.3
operations
Same Store operating margin (2) 3.9 % 4.5 %
U.S. GAAP Non-GAAP Non-GAAP
adjustments adjusted
Net income from discontinued operations $0.2
$ - $0.2
Less: Earnings allocated to participating securities
Net income from discontinued operations available to diluted common shares $0.2
$ - $0.2
Net income $94.8 $39.3 $134.1
Less: Earnings allocated to participating securities 1.9 0.8 2.7
Net income available to diluted common shares $92.9 $38.6 $131.5
Diluted earnings per common share from discontinued operations $0.02
$ - $0.02
Diluted earnings per common share from continuing operations 7.08 2.94 10.02
Diluted earnings per common share $7.09 $2.94 $10.04
(1)
Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above.
(2) Adjusted operating margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment
charges and restructuring charges.
(3) Adjusted pretax margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment charges
and restructuring charges.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - Consolidated
(Unaudited)
(In millions, except per share data)
Year Ended December 31, 2025
U.S. GAAP Catastrophic Dealership Severance Restructuring Acquisition Legal items Asset Non-GAA
events and real costs charges costs and other impairments adjusted
estate professional and
transactions fees accelerated
depreciation
SG&A expenses $2,545.5 $(1.2) $16.2 $(1.9)
$ - $(6.2) $(11.4)
$ - $2,541.1
Depreciation and amortization $121.1
$ -
$ -
$ -
$ -
$ -
$ - $(4.3) $116.8
expense
Asset impairments $192.8
$ -
$ -
$ -
$ -
$ -
$ - $(192.8)
$ -
Restructuring charges $28.4
$ -
$ -
$ - $(28.4)
$ -
$ -
$ -
$ -
Income (loss) from operations $734.0 $1.2 $(16.2) $1.9 $28.4 $6.2 $11.4 $197.1 $964.0
Income (loss) before income $449.9 $1.2 $(16.2) $1.9 $28.4 $6.2 $11.4 $197.1 $679.9
taxes
Less: Provision (benefit) for 126.2 0.3 (4.1) 0.2 6.1 1.2 2.7 22.8 155.4
income taxes
Net income (loss) from 323.7 0.9 (12.2) 1.7 22.3 5.0 8.7 174.3 524.5
continuing operations
Less: Earnings (loss) allocated to 3.6 (0.1) 0.3 0.1 0.1 2.0 5.9
participating securities
Net income (loss) from $320.1 $0.9 $(12.0) $1.7 $22.1 $5.0 $8.6 $172.3 $518.5
continuing operations available
to diluted common shares
Diluted earnings (loss) per $25.13 $0.07 $(0.94) $0.13 $1.73 $0.39 $0.67 $13.53 $40.71
common share from continuing
operations
Effective tax rate 28.0 % 22.9 %
SG&A as % gross profit (1) 70.3 % 70.2 %
Operating margin (2) 3.3 % 4.3 %
Pretax margin (3) 2.0 % 3.0 %
Same Store SG&A expenses $2,298.1 $(1.2)
$ - $(1.9)
$ - $(6.2) $(11.4)
$ - $2,277.4
Same Store SG&A as % gross 69.7 % 69.1 %
profit (1)
Same Store income from $823.7 $1.2
$ - $1.9
$ - $6.2 $11.4 $70.1 $914.4
operations
Same Store operating margin (2) 4.0 % 4.5 %
U.S. GAAP Non-GAAP Non-GAAP
adjustments adjusted
Net income from discontinued operations $1.5
$ - $1.5
Less: Earnings allocated to participating securities
Net income from discontinued operations available to diluted common shares $1.5
$ - $1.5
Net income $325.2 $200.8 $525.9
Less: Earnings allocated to participating securities 3.7 2.3 5.9
Net income available to diluted common shares $321.5 $198.5 $520.0
Diluted earnings per common share from discontinued operations $0.12
$ - $0.12
Diluted earnings per common share from continuing operations 25.13 15.58 40.71
Diluted earnings per common share $25.24 $15.58 $40.83
(1)
Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above.
(2) Adjusted operating margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment
charges and restructuring charges.
(3) Adjusted pretax margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment charges
and restructuring charges.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - Consolidated
(Unaudited)
(In millions, except per share data)
Year Ended December 31, 2024
U.S. GAAP Catastrophic Dealership Severance Restructuring Acquisition Legal items Asset Non-GAAP
events and real costs charges costs and other impairments adjusted
estate professional and
transactions fees accelerated
depreciation
SG&A expenses $2,179.2 $(9.4) $56.3 $(1.0)
$ - $(21.0) $(3.6)
$ - $2,200.5
Depreciation and amortization $113.1
$ -
$ -
$ -
$ - $(7.3) $105.8
expense
Asset impairments $33.0
$ -
$ -
$ -
$ -
$ -
$ - $(33.0)
$ -
Restructuring charges $16.7
$ -
$ -
$ - $(16.7)
$ -
$ -
$ -
$ -
Income (loss) from operations $909.1 $9.4 $(56.3) 1.0 $16.7 $21.0 $3.6 $40.3 $944.8
Income (loss) before income $658.5 $9.4 $(56.3) $1.0 $16.7 $21.0 $3.6 $40.3 $694.2
taxes
Less: Provision (benefit) for 161.5 2.2 (16.4) 0.2 4.2 1.3 0.9 9.7 163.5
income taxes
Net income (loss) from 497.0 7.1 (39.9) 0.7 12.5 19.8 2.8 30.6 530.6
continuing operations
Less: Earnings (loss) allocated to 10.4 0.1 (0.8) 0.3 0.4 0.1 0.6 11.1
participating securities
Net income (loss) from $486.5 $7.0 $(39.0) $0.7 $12.2 $19.4 $2.7 $30.0 $519.5
continuing operations
available to diluted common shares
Diluted earnings (loss) per $36.72 $0.53 $(2.94) $0.05 $0.92 $1.46 $0.20 $2.26 $39.21
common share from continuing
operations
Effective tax rate 24.5 % 23.6 %
SG&A as % gross profit (1) 67.2 % 67.9 %
Operating margin (2) 4.5 % 4.7 %
Pretax margin (3) 3.3 % 3.5 %
Same Store SG&A expenses $2,157.7 $(9.4)
$ - $(1.0)
$ - $(21.0) $(3.6)
$ - $2,122.7
Same Store SG&A as % gross 68.1 % 67.0 %
profit (1)
Same Store income from $881.5 $9.4
$ - $1.0
$ - $21.0 $3.6 $35.5 $952.0
operations
Same Store operating margin (2) 4.5 % 4.8 %
U.S. GAAP Non-GAAP Non-GAAP
adjustments adjusted
Net income from discontinued operations $1.2
$ - $1.2
Less: Earnings allocated to participating securities
Net income from discontinued operations available to diluted common shares $1.2
$ - $1.2
Net income $498.1 $33.7 $531.8
Less: Earnings allocated to participating securities 10.5 0.7 11.2
Net income available to diluted common shares $487.7 $33.0 $520.6
Diluted earnings per common share from discontinued operations $0.09
$ - $0.09
Diluted earnings per common share from continuing operations 36.72 2.49 39.21
Diluted earnings per common share $36.81 $2.49 $39.29
(1)
Adjusted SG&A as % of gross profit excludes the impact of SG&A reconciling items above.
(2) Adjusted operating margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment
charges and restructuring charges.
(3) Adjusted pretax margin excludes the impact of SG&A reconciling items, accelerated depreciation expense, asset impairment charges
and restructuring charges.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - U.S.
(Unaudited)
(In millions)
Three Months Ended December 31, 2025
U.S. GAAP Dealership Severance Acquisition Legal items Non-GAAP
and real estate costs costs and other adjusted
transactions professional
fees
SG&A expenses $464.0 $7.4 $(0.5) $(0.1) $(1.9) $468.8
SG&A as % gross profit (1) 67.1 % 67.8 %
Same Store SG&A expenses $453.8
$ - $(0.5) $(0.1) $(1.9) $451.2
Same Store SG&A as % gross profit (1) 68.2 % 67.8 %
Three Months Ended December 31, 2024
U.S. GAAP Catastrophic Dealership Acquisition Legal items Non-GAAP
events and real estate costs and other adjusted
transactions professional
fees
SG&A expenses $446.1 $0.4 $3.5 $(0.4) $(0.1) $449.5
SG&A as % gross profit (1) 64.1 % 64.6 %
Same Store SG&A expenses $428.0 $0.4
$ - $(0.4) $(0.1) $428.0
Same Store SG&A as % gross profit (1) 62.9 % 62.9 %
Year Ended December 31, 2025
U.S. Catastrophic Dealership Severance Acquisition Legal items Non-
GAAP events and real
estate costs costs and other GAAP
transactions professional adjusted
fees
SG&A expenses $1,864.1 $(1.2) $14.5 $(1.9) $(5.3) $(11.4) $1,858.9
SG&A as % gross profit (1) 66.3 % 66.2 %
Same Store SG&A expenses $1,822.6 $(1.2)
$ - $(1.9) $(5.2) $(11.4) $1,802.9
Same Store SG&A as % gross profit (1) 66.7 % 66.0 %
Year Ended December 31, 2024
U.S. GAAP Catastrophic Dealership Acquisition Legal items Non-GAAP
events and real estate costs and other adjusted
transactions professional
fees
SG&A expenses $1,704.0 $(9.4) $56.4 $(11.6) $(3.6) $1,735.8
SG&A as % gross profit (1) 63.6 % 64.7 %
Same Store SG&A expenses $1,704.3 $(9.4)
$ - $(11.6) $(3.6) $1,679.7
Same Store SG&A as % gross profit (1) 64.9 % 64.0 %
(1) Adjusted SG&A as % of gross profit excludes the impact of SG&A
reconciling items above.
Group 1 Automotive, Inc.
Reconciliation of Certain Non-GAAP Financial Measures - U.K.
(Unaudited)
(In millions)
Three Months Ended December 31, 2025
U.S. GAAP Dealership and real Non-GAAP Adjusted
estate transactions
SG&A expenses $163.3 $1.1 $164.4
SG&A as % gross profit (1) 89.2 % 89.8 %
Three Months Ended December 31, 2024
U.S. GAAP Dealership and Acquisition costs Non-GAAP
real estate Adjusted
transactions
SG&A expenses $168.2 $(0.1) $(1.4) $166.7
SG&A as % gross profit (1) 91.8 % 91.0 %
Same Store SG&A expenses $156.5
$ - $(1.4) $155.2
Same Store SG&A as % gross profit (1) 89.8 % 89.0 %
Year Ended December 31, 2025
U.S. GAAP Dealership and Acquisition costs Non-GAAP
real estate Adjusted
transactions
SG&A expenses $681.4 $1.7 $(1.0) $682.1
SG&A as % gross profit (1) 83.9 % 84.0 %
Same Store SG&A expenses $475.5
$ - $(1.0) $474.5
Same Store SG&A as % gross profit (1) 83.9 % 83.8 %
Year Ended December 31, 2024
U.S. GAAP Dealership and Severance Acquisition Non-GAAP
real estate costs costs Adjusted
transactions
SG&A expenses $475.2 $(0.1) $(1.0) $(9.4) $464.7
SG&A as % gross profit (1) 84.8 % 83.0 %
Same Store SG&A expenses $453.4
$ - $(1.0) $(9.4) $443.0
Same Store SG&A as % gross profit (1) 83.8 % 81.9 %
(1) Adjusted SG&A as % of gross profit excludes the impact of SG&A
reconciling items above.
View original content:https://www.prnewswire.com/news-releases/group-1-automotive-reports-fourth-quarter-and-full-year-2025-financial-results-302673295.html
SOURCE Group 1 Automotive, Inc.
