AutoNation Inc. (AN) financial statements: income statement, balance sheet and cash flow
AutoNation Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), AutoNation Inc. reported revenue of $27.6B (+3.2% year on year) and net income of $649.1M (-6.2% year on year).
Income statement
AutoNation Inc. income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
TOTAL REVENUE
$27.6B
$26.8B
$26.9B
$27.0B
TOTAL COST OF SALES
$22.7B
$22.0B
$21.8B
$21.7B
TOTAL GROSS PROFIT
$4.9B
$4.8B
$5.1B
$5.3B
AutoNation finance income (loss)
$9.8M
($9.3M)
—
—
Selling, general, and administrative expenses
$3.4B
$3.3B
$3.3B
$3.0B
Depreciation and amortization
$251.4M
$240.7M
$220.5M
$200.3M
Goodwill impairment
$65.3M
—
—
$0
Franchise rights impairment
$93.7M
$12.5M
—
$0
Other income, net
($54.2M)
($46.5M)
$5.9M
$14.4M
OPERATING INCOME
$1.2B
$1.3B
$1.7B
$2.0B
Floorplan interest expense
($188.8M)
($218.9M)
($144.7M)
($41.4M)
Other interest expense
($180.0M)
($179.7M)
($181.4M)
($134.9M)
Other income, net
$13.4M
$9.8M
$24.4M
($14.7M)
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
$884.5M
$916.7M
$1.4B
$1.8B
Income tax provision
$235.4M
$224.5M
$330.0M
$455.8M
NET INCOME FROM CONTINUING OPERATIONS
$649.1M
$692.2M
$1.0B
$1.4B
Income from discontinued operations, net of income taxes
$0
$0
$900.0K
($300.0K)
NET INCOME
$649.1M
$692.2M
$1.0B
$1.4B
Continuing operations (in dollars per share)
$17.26
$17.09
$22.87
$24.47
Net income (in dollars per share)
$17.26
$17.09
$22.89
$24.47
Weighted average common shares outstanding, basic (in shares)
37.6M
40.5M
44.6M
56.3M
Continuing operations (in dollars per share)
$17.04
$16.92
$22.72
$24.30
Discontinued operations (in dollars per share)
$0.00
$0.00
$0.02
-$0.01
Net income (in dollars per share)
$17.04
$16.92
$22.74
$24.29
Weighted average common shares outstanding (in shares)
38.1M
40.9M
44.9M
56.7M
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares)
35.2M
39.0M
41.6M
47.6M
AutoNation Inc. income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
TOTAL REVENUE
$6.9B
$6.6B
$7.0B
$7.0B
TOTAL COST OF SALES
$5.7B
$5.3B
$5.8B
$5.7B
TOTAL GROSS PROFIT
$1.2B
$1.2B
$1.2B
$1.3B
AUTONATION FINANCE INCOME
$10.7M
$9.4M
$1.5M
$2.0M
Selling, general, and administrative expenses
$856.3M
$842.2M
$850.1M
$854.7M
Depreciation and amortization
$63.5M
$63.0M
$64.2M
$63.9M
Goodwill impairment
$0
—
$0
$65.3M
Franchise rights impairment
$0
—
$0
$71.7M
Other expense, net
$3.0M
$1.0M
($46.8M)
$4.2M
OPERATING INCOME
$319.0M
$314.3M
$372.4M
$217.6M
Floorplan interest expense
($43.7M)
($41.8M)
($47.5M)
($45.3M)
Other interest expense
($49.9M)
($48.0M)
($45.1M)
($46.2M)
Other income (loss), net
$18.4M
$51.2M
$7.8M
$12.3M
INCOME BEFORE INCOME TAXES
$243.8M
$275.7M
$287.6M
$138.4M
Income tax provision
$61.7M
$70.3M
$72.5M
$52.0M
NET INCOME
$182.1M
$205.4M
$215.1M
$86.4M
Earnings per share, basic (in dollars per share)
$5.44
$5.92
$5.72
$2.29
Weighted average common shares outstanding (in shares)
33.5M
34.7M
37.6M
37.8M
Earnings per share, diluted (in dollars per share)
$5.39
$5.85
$5.65
$2.26
Weighted average common shares outstanding (in shares)
33.8M
35.1M
38.1M
38.3M
COMMON SHARES OUTSTANDING, net of treasury stock, at period end (in shares)
33.1M
33.9M
36.9M
37.7M
Balance sheet
AutoNation Inc. balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$58.6M
$59.8M
$60.8M
$72.6M
Receivables, net of allowance for credit losses of $3.3 million and $3.3 million, respectively
$948.4M
$1.1B
$1.0B
$858.8M
Inventory
$3.4B
$3.4B
$3.0B
$2.0B
Other current assets
$235.8M
$211.9M
$172.3M
$158.3M
Total Current Assets
$4.6B
$4.7B
$4.3B
$3.1B
AUTO LOANS RECEIVABLE, net of allowance for credit losses of $95.4 million and $54.8 million, respectively
$2.1B
$1.1B
$402.4M
$303.1M
PROPERTY AND EQUIPMENT, NET
$4.0B
$3.8B
$3.8B
$3.6B
OPERATING LEASE ASSETS
$456.4M
$391.1M
$392.1M
$323.5M
GOODWILL
$1.4B
$1.5B
$1.5B
$1.3B
OTHER INTANGIBLE ASSETS, NET
$1.0B
$905.9M
$927.8M
$837.0M
OTHER ASSETS
$753.5M
$704.8M
$693.4M
$530.8M
Total Assets
$14.4B
$13.0B
$12.0B
$10.1B
Vehicle floorplan payable
$3.8B
$3.7B
$3.4B
$2.1B
Accounts payable
$369.9M
$376.6M
$344.7M
$327.6M
Commercial paper
$200.0M
$630.0M
$440.0M
$50.0M
Current maturities of long-term debt
$74.7M
$518.5M
$462.4M
$12.6M
Current portion of non-recourse debt
$63.8M
$28.3M
$8.8M
$10.7M
Other current liabilities
$1.0B
$1.0B
$705.2M
$657.5M
Total Current Liabilities
$5.5B
$6.3B
$5.6B
$3.4B
LONG-TERM DEBT, NET OF CURRENT MATURITIES
$3.7B
$2.6B
$3.1B
$3.6B
NON-RECOURSE DEBT, NET OF CURRENT PORTION
$1.9B
$797.7M
$249.6M
$312.9M
NONCURRENT OPERATING LEASE LIABILITIES
$431.8M
$356.9M
$363.2M
$296.9M
DEFERRED INCOME TAXES
$94.1M
$83.1M
$85.0M
$76.5M
OTHER LIABILITIES
$399.0M
$380.9M
$360.4M
$333.0M
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 63,562,149 shares issued at December 31, 2025, and 63,562,149 shares issued at December 31, 2024, including shares held in treasury
$600000.00
$600000.00
$600000.00
$600000.00
Additional paid-in capital
$32.0M
$20.3M
$22.4M
$3.1M
Retained earnings
$6.0B
$5.3B
$4.6B
$3.7B
Treasury stock, at cost; 28,362,366 and 24,527,869 shares held, respectively
-3.7B
-2.9B
-2.5B
—
Total Shareholders’ Equity
$2.3B
$2.5B
$2.2B
$2.0B
Total Liabilities and Shareholders’ Equity
$14.4B
$13.0B
$12.0B
$10.1B
AutoNation Inc. balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$53.3M
$65.5M
$97.6M
$62.9M
Receivables, net
$834.3M
$829.2M
$880.4M
$868.2M
Inventory
$3.7B
$3.4B
$3.5B
$3.4B
Other current assets
$220.7M
$241.0M
$220.8M
$244.7M
Total Current Assets
$4.8B
$4.6B
$4.7B
$4.6B
AUTO LOANS RECEIVABLE, net of allowance for credit losses of $109.8 million and $95.4 million, respectively
$2.6B
$2.4B
$2.0B
$1.7B
PROPERTY AND EQUIPMENT, net of accumulated depreciation of $2.6 billion and $2.5 billion, respectively
$4.0B
$3.9B
$3.9B
$3.8B
OPERATING LEASE ASSETS
$450.4M
$441.1M
$462.7M
$451.8M
GOODWILL
$1.4B
$1.4B
$1.4B
$1.4B
OTHER INTANGIBLE ASSETS, NET
$1.2B
$1.0B
$1.0B
$892.8M
OTHER ASSETS
$891.5M
$845.1M
$760.0M
$720.1M
Total Assets
$15.5B
$14.6B
$14.2B
$13.6B
Vehicle floorplan payable
$4.1B
$3.8B
$3.8B
$3.7B
Accounts payable
$339.0M
$376.9M
$351.7M
$340.0M
Commercial paper
$635.0M
$320.0M
$200.0M
$130.0M
Current maturities of long-term debt
$74.9M
$74.8M
$469.2M
$522.6M
Current portion of non-recourse debt
$83.3M
$77.4M
$57.4M
$45.0M
Other current liabilities
$1.0B
$1.0B
$731.8M
$999.8M
Total Current Liabilities
$6.2B
$5.6B
$5.9B
$5.7B
LONG-TERM DEBT, NET OF CURRENT MATURITIES
$3.7B
$3.7B
$3.2B
$3.1B
NON-RECOURSE DEBT, NET OF CURRENT PORTION
$2.3B
$2.1B
$1.7B
$1.4B
NONCURRENT OPERATING LEASE LIABILITIES
$427.9M
$418.4M
$434.9M
$419.5M
DEFERRED INCOME TAXES
$120.7M
$112.9M
$98.2M
$66.8M
OTHER LIABILITIES
$427.8M
$409.4M
$399.1M
$390.3M
Common stock, par value $0.01 per share; 1,500,000,000 shares authorized; 63,562,149 shares issued at June 30, 2026, and December 31, 2025, including shares held in treasury
$600000.00
$600000.00
$600000.00
$600000.00
Additional paid-in capital
$15.7M
$7.0M
$21.3M
$11.9M
Retained earnings
$6.4B
$6.2B
$5.8B
$5.6B
Treasury stock, at cost; 30,434,120 and 28,362,366 shares held, respectively
-4.1B
-4.0B
-3.3B
-3.1B
Total Shareholders’ Equity
$2.3B
$2.2B
$2.5B
$2.5B
Total Liabilities and Shareholders’ Equity
$15.5B
$14.6B
$14.2B
$13.6B
Cash flow statement
AutoNation Inc. cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$649.1M
$692.2M
$1.0B
$1.4B
Income from discontinued operations
$0
$0
($900.0K)
$300.0K
Depreciation and amortization
$251.4M
$240.7M
$220.5M
$200.3M
Amortization of debt issuance costs and accretion of debt discounts
$8.6M
$8.9M
$9.6M
$7.2M
Stock-based compensation expense
$46.5M
$36.5M
$39.7M
$31.5M
Provision for credit losses on auto loans receivable
$81.1M
$54.7M
$45.9M
$43.8M
Deferred income tax provision (benefit)
$11.2M
($1.4M)
$20.1M
$1.3M
Net gain related to business/property dispositions
($8.4M)
($55.1M)
($9.1M)
($16.3M)
Goodwill impairment
$65.3M
—
—
$0
Franchise rights impairment
$93.7M
$12.5M
—
$0
Other impairment charges
$37.9M
$9.3M
—
$1.6M
Loss (gain) on equity investments
$7.9M
$7.0M
($5.2M)
($2.9M)
Gain on corporate-owned life insurance asset
($19.1M)
($14.5M)
($16.4M)
$19.4M
Gain on sale of auto loans receivable
$0
($7.4M)
($8.1M)
—
Other
($1.9M)
$2.8M
$6.4M
$0
Receivables
$114.2M
($25.9M)
($178.2M)
($129.2M)
Auto loans receivable, net
($1.2B)
($877.1M)
($229.9M)
—
Inventory
$14.0M
($398.5M)
($950.1M)
($175.5M)
Other assets
$44.5M
$32.2M
($84.2M)
($58.4M)
Vehicle floorplan payable - trade
$5.9M
$486.4M
$813.4M
$461.1M
Accounts payable
($9.9M)
$34.7M
$8.1M
($68.9M)
Other liabilities
($98.5M)
$76.7M
$21.6M
($24.3M)
Net cash provided by continuing operations
$111.9M
$314.7M
$724.3M
$1.7B
Net cash provided by operating activities
$111.9M
$314.7M
$724.0M
$1.7B
Purchases of property and equipment
($309.4M)
($328.5M)
($410.3M)
($329.0M)
Proceeds from the disposal of assets held for sale
$43.5M
—
$7.9M
$22.8M
Cash used in business acquisitions, net of cash acquired
($459.1M)
$0
($271.4M)
($191.6M)
Cash received from business divestitures, net of cash relinquished
$16.1M
$156.0M
$23.2M
$55.2M
Originations of auto loans receivable acquired through third-party dealers
$0
$0
($110.9M)
($56.0M)
Collections on auto loans receivable acquired through third-party dealers
$17.5M
$79.0M
$135.0M
$36.4M
Proceeds from the sale of auto loans receivable
$0
$96.0M
$68.7M
—
Other
$4.4M
$9.8M
($13.5M)
($6.9M)
Net cash provided by (used in) continuing operations
($687.0M)
$12.3M
($569.9M)
($479.3M)
Net cash provided by (used in) investing activities
($687.0M)
$12.3M
($569.9M)
($479.3M)
Repurchases of common stock
($791.6M)
($460.0M)
($874.4M)
($1.7B)
Proceeds from Senior Notes
$1.1B
$0
$0
$698.8M
Payment of Senior Notes
($450.0M)
($450.0M)
$0
$0
Net proceeds from (payments of) commercial paper
($430.0M)
$190.0M
$390.0M
($290.0M)
Proceeds from non-recourse debt
$2.5B
$1.5B
$324.0M
$40.7M
Payments of non-recourse debt
($1.4B)
($946.7M)
($392.7M)
($35.6M)
Payment of debt issuance costs
($15.5M)
($1.8M)
($6.6M)
($7.1M)
Net proceeds from (payments of) vehicle floorplan payable - non-trade
$61.1M
($113.5M)
$425.3M
$178.6M
Payments of other debt obligations
($17.1M)
($13.0M)
($12.6M)
($12.0M)
Proceeds from the exercise of stock options
$700.0K
$500.0K
$1.9M
$3.4M
Payments of tax withholdings for stock-based awards
($20.3M)
($19.1M)
($27.4M)
($31.3M)
AutoNation Inc. cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
NET INCOME
$387.5M
$205.4M
$477.0M
$261.9M
Depreciation and amortization
$126.5M
$63.0M
$189.9M
$125.7M
Amortization of debt issuance costs and accretion of debt discounts
$5.6M
$2.8M
$6.3M
$4.0M
Stock-based compensation expense
$26.0M
$17.3M
$35.5M
$25.6M
Provision for credit losses on auto loans receivable
$39.6M
$19.6M
$61.8M
$39.4M
Deferred income tax provision (benefit)
$30.0M
$22.2M
$15.1M
($16.3M)
Goodwill impairment
$0
—
$65.3M
$65.3M
Franchise rights impairment
$0
—
$71.7M
$71.7M
Non-cash impairment charges
$9.3M
—
$6.7M
—
(Gain) loss on equity investments
($54.0M)
($54.0M)
$10.1M
$9.8M
Gain on corporate-owned life insurance asset
($14.0M)
$2.9M
($16.2M)
($8.5M)
Other
($5.1M)
$900.0K
($1.2M)
$1.7M
Receivables
$114.1M
$119.2M
$182.2M
$198.1M
Auto loans receivable, net
($493.6M)
($253.5M)
($972.8M)
($695.0M)
Inventory
($259.2M)
($43.9M)
($74.3M)
($65.6M)
Other assets
($10.0M)
($2.9M)
$34.1M
$39.5M
Vehicle floorplan payable - trade
$47.6M
($102.2M)
($40.9M)
($155.9M)
Accounts payable
($35.2M)
$8.5M
($26.6M)
($39.1M)
Other liabilities
$36.0M
$16.9M
($55.7M)
($92.6M)
Net cash used in operating activities
($48.9M)
$22.2M
($38.6M)
($230.3M)
Purchases of property and equipment
($126.0M)
($56.4M)
($223.1M)
($154.2M)
Cash received from business divestitures, net of cash relinquished
$17.4M
$12.7M
$16.1M
—
Cash paid for business acquisitions, net of cash acquired
($316.5M)
$0
($348.4M)
($69.6M)
Collections on auto loans receivable acquired through third-party dealers
$5.2M
$2.9M
$14.2M
$10.4M
Investments in equity securities
($11.7M)
($11.5M)
—
—
Other
$3.7M
$3.4M
$11.6M
$2.9M
Net cash used in investing activities
($427.9M)
($48.9M)
($529.6M)
($210.5M)
Repurchases of common stock
($469.7M)
($301.0M)
($429.8M)
($253.8M)
Proceeds from 5.89% Senior Notes due 2035
$0
$0
$500.0M
$500.0M
Net proceeds from (payments of) commercial paper
$435.0M
$120.0M
($430.0M)
($500.0M)
Proceeds from non-recourse debt
$2.1B
$1.1B
$2.0B
$1.3B
Payments of non-recourse debt
($1.7B)
($858.5M)
($1.1B)
($690.1M)
Payment of debt issuance costs
($5.5M)
($3.4M)
($10.1M)
($9.2M)
Net proceeds from vehicle floorplan payable - non-trade
$120.5M
$36.3M
$74.6M
$83.1M
Payments of other debt obligations
($9.9M)
($5.0M)
($12.3M)
($7.7M)
Payments of tax withholdings for stock-based awards
($23.8M)
($23.8M)
($20.1M)
($19.9M)
Proceeds from the exercise of stock options
$0
$0
$600.0K
$500.0K
Net cash provided by financing activities
$523.4M
$66.8M
$590.8M
$434.8M
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH
$46.6M
$40.1M
$22.6M
($6.0M)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at beginning of period
$85.8M
$85.8M
$103.4M
$103.4M
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH at end of period