Group 1 Automotive, Inc. (GPI)

Group 1 Automotive Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	18,078	17,132	15,500	12,901	10,137	11,108
Other Revenue	790.2	741.9	722.2	581.4	463	490.2
Revenue	18,868	17,874	16,222	13,482	10,600	11,598
Revenue Growth (YoY)	8.05%	10.18%	20.33%	27.19%	-8.60%	-0.03%
Cost of Revenue	15,776	14,853	13,257	11,041	8,866	9,835
Gross Profit	3,092	3,020	2,965	2,441	1,734	1,763
Selling, General & Admin	2,055	1,923	1,783	1,464	1,137	1,295
Operating Expenses	2,160	2,015	1,871	1,542	1,211	1,365
Operating Income	932.5	1,005	1,094	899	523.2	397.9
Interest Expense	-225.9	-163.9	-104.8	-83.4	-101.1	-135.7
Other Non Operating Income (Expenses)	-2.7	-4.5	-1.2	-	0.1	-
EBT Excluding Unusual Items	703.9	836.5	987.7	815.6	422.2	262.2
Merger & Restructuring Charges	-	-	-	-12.9	-	-
Asset Writedown	-25.2	-32.9	-2.1	-1.7	-26.7	-21.7
Other Unusual Items	2.5	-3.4	-0.3	-0.1	-14.6	-17.8
Pretax Income	681.2	800.2	985.3	800.9	380.9	222.7
Income Tax Expense	170.1	198.2	231.1	175.5	84.2	53.7
Earnings From Continuing Operations	511.1	602	754.2	625.4	296.7	169
Earnings From Discontinued Operations	0.9	-0.4	-2.7	-73.3	-10.2	5
Net Income	512	601.6	751.5	552.1	286.5	174
Preferred Dividends & Other Adjustments	11.1	14.8	21.2	18.6	10.3	6.5
Net Income to Common	500.9	586.8	730.3	533.5	276.2	167.5
Net Income Growth	-21.21%	-19.95%	36.12%	92.71%	64.66%	10.27%
Shares Outstanding (Basic)	13	14	15	18	18	18
Shares Outstanding (Diluted)	13	14	15	18	18	18
Shares Change (YoY)	-3.96%	-11.35%	-12.58%	-0.47%	-0.72%	-7.84%
EPS (Basic)	37.72	42.89	47.30	30.22	15.56	9.35
EPS (Diluted)	37.54	42.73	47.14	30.11	15.51	9.34
EPS Growth	-17.57%	-9.35%	56.55%	94.13%	66.06%	19.28%
Free Cash Flow	-15	51.1	470	1,162	726.3	268.6
Free Cash Flow Per Share	-1.12	3.72	30.34	65.56	40.79	14.98
Dividend Per Share	1.880	1.820	1.590	1.380	0.610	1.130
Dividend Growth	4.44%	14.47%	15.22%	126.23%	-46.02%	8.65%
Gross Margin	16.39%	16.90%	18.28%	18.10%	16.36%	15.20%
Operating Margin	4.94%	5.62%	6.74%	6.67%	4.94%	3.43%
Profit Margin	2.65%	3.28%	4.50%	3.96%	2.61%	1.44%
Free Cash Flow Margin	-0.08%	0.29%	2.90%	8.62%	6.85%	2.32%
EBITDA	1,038	1,097	1,182	976.4	596.7	467.9
EBITDA Margin	5.50%	6.14%	7.29%	7.24%	5.63%	4.03%
D&A For EBITDA	105	92	88.4	77.4	73.5	70
EBIT	932.5	1,005	1,094	899	523.2	397.9
EBIT Margin	4.94%	5.62%	6.74%	6.67%	4.94%	3.43%
Effective Tax Rate	24.97%	24.77%	23.45%	21.91%	22.11%	24.11%
Revenue as Reported	18,868	17,874	16,222	13,482	10,600	11,598
Advertising Expenses	-	83	76.5	65.8	49	74.1

Source: S&P Capital IQ. Standard template. Financial Sources.