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AUTONATION, INC. (AN)

Income Statement Business

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Domestic  1,007.66,490.6354.67,134.57,452.87,810.07,069.86,359.5
    Premium Luxury  4,510.13,723.87,434.81,875.16,832.76,665.36,607.85,889.3
    Import  3,969.85,988.06,468.74,046.46,873.46,886.17,037.26,717.8
    Corporate and other  325.9708.6149.5347.8375.7247.6147.2142.2
    Other  16,030.63,479.06,928.18,009.0    
Total revenues  25,844.020,390.021,335.721,412.821,534.621,609.020,862.019,108.8
            Revenue growth   [+]26.7%-4.4%-0.4%-0.6%-0.3%3.6%9.2%9.1%
                Unit growth        9.5%1.8%
Cost of goods sold  20,891.416,823.617,812.718,015.518,175.618,295.817,600.516,120.1
Gross profit  4,952.63,566.43,523.03,397.33,359.03,313.23,261.52,988.7
            Gross margin  19.2%17.5%16.5%15.9%15.6%15.3%15.6%15.6%
Selling, general and administrative  2,876.22,422.02,558.62,509.82,436.22,349.42,263.52,079.6
Other operating expenses  -19.76.5-49.3-64.7-79.2-69.1-17.9-18.6
EBITDA   [+]2,096.11,137.91,013.7952.21,002.01,032.91,015.9927.7
            EBITDA margin  8.1%5.6%4.8%4.4%4.7%4.8%4.9%4.9%
Depreciation and amortization  193.3198.9180.5166.2158.6143.4127.4106.9
EBIT   [+]1,902.8939.0833.2786.0843.4889.5888.5820.8
            EBIT margin  7.4%4.6%3.9%3.7%3.9%4.1%4.3%4.3%
Non-recurring items   [+] 375.89.68.1  15.4 
Interest expense, net   [+]93.093.7106.7118.3119.2114.4226.186.5
Other income (expense), net   [+]-1.480.6-104.3-130.2-87.7-72.875.7-52.0
Pre-tax income  1,808.4550.1612.6529.4636.5702.3722.7682.3
Income taxes  435.1168.3161.8133.5201.5270.6279.0262.5
            Tax rate  24.1%30.6%26.4%25.2%31.7%38.5%38.6%38.5%
Earnings from continuing ops  1,373.3381.8450.8395.9435.0431.7443.7419.8
Earnings from discontinued ops  -0.3-0.2-0.80.1-0.4-1.2-1.1-1.1
Net income  1,373.0381.6450.0396.0434.6430.5442.6418.7
            Net margin  5.3%1.9%2.1%1.8%2.0%2.0%2.1%2.2%
   
Basic EPS   [+]$18.51$4.32$5.00$4.36$4.45$4.19$3.94$3.58
Diluted EPS   [+]$18.31$4.30$4.98$4.34$1.48$1.39$3.90$3.53
   
Shares outstanding (basic)   [+]74.288.390.190.997.8103.1112.7117.3
Shares outstanding (diluted)   [+]75.088.790.591.3294.2310.7113.9118.9
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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