The earnings call highlighted a robust performance with significant growth in new vehicle sales and AutoNation Finance, strong after-sales results, and strategic share repurchases. However, challenges included increased floor plan interest expenses and flat used vehicle sales due to supply constraints.

Company Guidance

During AutoNation's fourth-quarter 2024 earnings call, the company reported several key metrics highlighting its performance and strategic focus areas. Notably, same-store new unit volume grew by 12%, contributing to a 5% year-over-year increase in same-store gross profit and a 110 basis point improvement in gross margin. AutoNation Finance, launched in late 2022, expanded its loan originations threefold over 2023, achieving a portfolio size exceeding $1.1 billion with a delinquency rate of less than 3%. This growth supported a 40% increase in interest income. The company maintained a nonrecourse financing rate of 75% for its finance portfolio and expects further improvements. In terms of capital allocation, AutoNation repurchased $100 million in shares in the fourth quarter, totaling $460 million for the year, representing a 7% reduction in shares outstanding. The call also emphasized the company's focus on after-sales services, which contributed to a 5% increase in same-store gross profit, and AutoNation's commitment to optimizing its portfolio by divesting eight underperforming stores.

Strong New Vehicle Sales Growth

AutoNation achieved a 12% same-store new unit volume growth in Q4 2024, with domestic segment sales up 17%, import segment up 5%, and premium luxury segment up 12%.

Impressive Performance of AutoNation Finance

AutoNation Finance grew its originations threefold over 2023, building a portfolio over $1.1 billion with improved credit quality and a delinquency rate of less than 3%.

Record After-Sales Gross Profit

After-sales gross profit rose more than 5% year-over-year and achieved record gross profit for both Q4 and the full year, with a significant margin expansion of 110 basis points.

Significant Share Repurchases

AutoNation repurchased approximately $100 million of shares in Q4 2024, totaling $460 million for the year, representing a 7% reduction in shares.

Recognition by Fortune Magazine

AutoNation was recognized by Fortune as one of the world's most admired companies for the eighth consecutive year, ranking highest among automotive retailers.

---

AutoNation (AN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

AN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 17, 2025	2025 (Q1)	4.28 / -	4.49	―	―	―
Feb 11, 2025	2024 (Q4)	4.26 / 4.97	5.02	-1.00% (-0.05)
Oct 25, 2024	2024 (Q3)	4.36 / 4.02	5.54	-27.44% (-1.52)
Jul 31, 2024	2024 (Q2)	4.32 / 3.99	6.29	-36.57% (-2.30)
Apr 26, 2024	2024 (Q1)	4.26 / 4.49	6.05	-25.79% (-1.56)
Feb 13, 2024	2023 (Q4)	4.89 / 5.02	6.37	-21.19% (-1.35)
Oct 27, 2023	2023 (Q3)	5.49 / 5.54	6	-7.67% (-0.46)
Jul 21, 2023	2023 (Q2)	5.91 / 6.29	6.47	-2.78% (-0.18)
Apr 20, 2023	2023 (Q1)	5.74 / 6.05	5.78	4.67% (+0.27)
Feb 17, 2023	2022 (Q4)	5.83 / 6.37	5.76	10.59% (+0.61)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

---

AN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 11, 2025	$192.64	$195.15	+1.30%
Oct 25, 2024	$163.20	$155.83	-4.52%
Jul 31, 2024	$179.41	$190.72	+6.30%
Apr 26, 2024	$160.38	$169.88	+5.92%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

---