v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Total revenues $ 5,407.1 $ 5,505.3
Total cost of sales 4,529.2 4,613.3
GROSS PROFIT 877.9 891.9
Selling, general and administrative expenses 600.6 617.3
Depreciation and amortization expense 31.1 29.3
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 0.0 (0.3)
INCOME BEFORE INCOME TAXES 170.5 167.5
Provision for income taxes 40.6 39.7
Net income from continuing operations 129.9 127.7
Net income from discontinued operations 0.3 0.4
NET INCOME $ 130.2 $ 128.1
BASIC EARNINGS PER SHARE:    
Basic earnings per share continuing operations (in dollars per share) $ 10.84 $ 9.66
Basic earnings per share discontinued operations (in dollars per share) 0.03 0.03
Basic earnings per share (in dollars per share) 10.87 9.69
DILUTED EARNINGS PER SHARE:    
Diluted earnings per share continuing operations (in dollar per share) 10.82 9.64
Diluted earnings per share discontinued operations (in dollar per share) 0.03 0.03
Diluted earnings per common share (in dollars per share) $ 10.85 $ 9.67
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Weighted average common shares outstanding basic (in shares) 11,856,794 13,059,447
Weighted average common shares outstanding diluted (in shares) 11,879,506 13,083,383
New vehicle retail sales    
Total revenues $ 2,562.4 $ 2,680.0
Total cost of sales 2,389.7 2,490.3
Used vehicle retail sales    
Total revenues 1,774.9 1,755.4
Total cost of sales 1,687.2 1,661.9
Used vehicle wholesale sales    
Total revenues 149.5 151.6
Total cost of sales 147.9 150.1
Parts and service sales    
Total revenues 704.4 692.1
Total cost of sales 304.4 311.1
Finance, insurance and other, net    
Total revenues $ 215.9 $ 226.2