Market Summary
USD225.23-1.32
Market Closed-0.58%
ABG Stock Price
ABG RSI Chart
ABG Valuation
ABG Price/Sales (Trailing)
ABG Profitability
ABG Fundamentals
ABG Revenue
ABG Earnings
Price Action
52 Week Range
138.88256.39
(Low)(High)
Last 7 days
2.7%
Last 30 days
3.0%
Last 90 days
-1.5%
Trailing 12 Months
48.0%
ABG Financial Health
ABG Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for ABG
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-09 | Welch Michael | sold (taxes) | -85,420 | 219 | -389 | svp & cfo |
2023-03-09 | Villasana George A | sold | -666,287 | 235 | -2,828 | svp, clo & secretary |
2023-03-08 | Maric Miran | sold | -115,120 | 235 | -489 | svp, strategy & innovation |
2023-03-07 | Villasana George A | sold | -524,098 | 238 | -2,202 | svp, clo & secretary |
2023-03-06 | Hult David W | acquired | - | - | 6,089 | president & ceo |
2023-03-06 | Welch Michael | sold (taxes) | -130,673 | 238 | -549 | svp & cfo |
2023-03-06 | Clara Daniel | acquired | - | - | 1,299 | svp, operations |
2023-03-06 | Clara Daniel | sold (taxes) | -139,480 | 238 | -586 | svp, operations |
2023-03-06 | Milstein Jed | sold (taxes) | -113,298 | 238 | -476 | svp & chro |
2023-03-06 | Hult David W | sold (taxes) | -653,841 | 238 | -2,747 | president & ceo |
Which funds bought or sold ABG recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | added | 3.33 | 1,153 | 7,453 | -% |
2023-09-05 | Covenant Partners, LLC | reduced | -3.53 | 38,511 | 407,271 | 0.15% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 450,306 | 450,306 | 0.08% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -25.00 | -225,606 | 1,370,390 | 0.01% |
2023-08-21 | BOKF, NA | reduced | -12.58 | 91.00 | 103,621 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -8.64 | 259,620 | 5,907,360 | 0.01% |
2023-08-21 | OSAIC HOLDINGS, INC. | added | 0.35 | 126,131 | 971,307 | -% |
2023-08-21 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 5.7 | 299,000 | 1,726,000 | 0.02% |
2023-08-17 | Orion Portfolio Solutions, LLC | added | 288 | 754,671 | 973,701 | 0.01% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 9,281 | 9,281 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Asbury Automotive Group
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 10, 2023 | neuberger berman group llc | 6.86% | 1,518,499 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 11.29% | 2,499,411 | SC 13G/A | |
| Jan 26, 2023 | blackrock inc. | 15.8% | 3,504,325 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 15.8% | 3,504,325 | SC 13G/A | |
| Apr 08, 2022 | impactive capital lp | 8.6% | 2,004,928 | SC 13D/A | |
| Feb 14, 2022 | abrams capital management, l.p. | 7.42% | - | SC 13G/A | |
| Feb 14, 2022 | abrams capital management, l.p. | 7.% | - | SC 13G/A | |
| Feb 11, 2022 | neuberger berman group llc | 6.59% | 1,523,759 | SC 13G/A | |
| Feb 09, 2022 | vanguard group inc | 10.61% | 2,455,122 | SC 13G/A | |
| Feb 02, 2022 | impactive capital lp | 7.2% | 1,656,393 | SC 13D/A |
Recent SEC filings of Asbury Automotive Group
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 08, 2023 | 8-K | Current Report | |
| Sep 05, 2023 | 8-K | Current Report | |
| Aug 11, 2023 | 4 | Insider Trading | |
| Aug 03, 2023 | 3 | Insider Trading | |
| Jul 28, 2023 | 10-Q | Quarterly Report | |
| Jul 25, 2023 | 8-K | Current Report |
Peers (Alternatives to Asbury Automotive Group)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
HD | 307.1B | 154.9B | -4.07% | 14.89% | 18.92 | 1.98 | -0.23% | -3.86% |
ORLY | 56.0B | 15.2B | 0.04% | 34.91% | 24.78 | 3.68 | 10.79% | 5.71% |
AZO | 46.5B | 17.1B | 5.45% | 21.20% | 18.81 | 2.72 | 8.20% | 2.84% |
KMX | 12.5B | 28.1B | 0.64% | -0.94% | 27.09 | 0.44 | -16.27% | -52.34% |
| MID-CAP | ||||||||
PAG | 10.8B | 28.7B | -3.50% | 57.78% | 8.73 | 0.38 | 7.74% | -12.15% |
LAD | 8.3B | 29.3B | 0.55% | 31.58% | 7.52 | 0.28 | 10.99% | -13.31% |
MUSA | 7.4B | 22.2B | 9.11% | 22.16% | 12.78 | 0.33 | 4.57% | 5.07% |
AN | 6.7B | 26.7B | -4.12% | 43.37% | 5.59 | 0.25 | 0.26% | -19.30% |
ABG | 4.7B | 14.9B | 3.04% | 47.98% | 5.03 | 0.32 | 8.81% | 19.77% |
AAP | 3.5B | 11.2B | -11.85% | -62.91% | 10.02 | 0.31 | 1.42% | -28.99% |
| SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | -0.81% | 138.96% | 9.18 | 0.12 | 33.09% | 75.40% |
CWH | 903.1M | 6.5B | -20.59% | -25.67% | 6.59 | 0.13 | -8.44% | -86.10% |
CRMT | 559.5M | 1.4B | -17.00% | 25.79% | 27.38 | 0.4 | 17.56% | -78.50% |
LAZY | 97.8M | 1.2B | -38.60% | -50.21% | 10.25 | 0.08 | -15.08% | -91.16% |
Asbury Automotive Group News
Returns for ABG
Cumulative Returns on ABG
15.7%
10-Year Cumulative Returns
23.0%
7-Year Cumulative Returns
25.7%
5-Year Cumulative Returns
32.1%
3-Year Cumulative Returns
Risks for ABG
What is the probability of a big loss on ABG?
85.4%
Probability that Asbury Automotive Group stock will be more than 20% underwater in next one year
34.6%
Probability that Asbury Automotive Group stock will be more than 30% underwater in next one year.
19.6%
Probability that Asbury Automotive Group stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does ABG drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Asbury Automotive Group was unfortunately bought at previous high price.
Drawdowns
Financials for Asbury Automotive Group
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 | 2018Q1 |
| Revenue | -1.4% | 14,897 | 15,104 | 15,434 | 15,637 | 13,691 | 11,869 | 9,417 | 8,856 | 7,717 | 7,132 | 6,792 | 6,788 | 7,147 | 7,210 | 7,101 | 7,016 | 6,936 | 6,874 | 6,761 | 6,606 | 6,514 |
| Cost Of Revenue | -1.0% | 11,982 | 12,100 | 12,333 | 11,478 | 10,306 | 9,245 | 7,685 | 7,268 | 6,384 | 5,908 | 5,639 | 5,679 | 5,985 | 6,041 | 5,951 | 5,882 | 5,819 | 5,771 | 5,672 | 5,534 | 5,453 |
| Gross Profit | -3.0% | 2,915 | 3,005 | 3,101 | 2,905 | 2,617 | 2,312 | 1,732 | 1,588 | 1,334 | 1,223 | 1,153 | 1,110 | 1,162 | 1,169 | 1,149 | 1,134 | 1,117 | 1,103 | 1,090 | 1,072 | 1,061 |
| S&GA Expenses | -2.3% | 1,671 | 1,711 | 1,763 | 1,638 | 1,468 | 1,290 | 1,007 | 945 | 827 | 782 | 760 | 755 | 804 | 800 | 786 | 773 | 763 | 756 | 744 | 738 | 733 |
| EBITDA | -100.0% | - | 1,311 | 1,388 | 1,103 | 1,016 | 943 | 674 | 608 | 512 | 417 | 354 | 285 | 291 | 320 | - | - | - | - | - | - | - |
| EBITDA Margin | -100.0% | - | 0.09* | 0.09* | 0.07* | 0.07* | 0.08* | 0.07* | 0.07* | 0.07* | 0.06* | 0.05* | 0.04* | 0.04* | 0.04* | - | - | - | - | - | - | - |
| Earnings Before Taxes | -0.5% | 1,237 | 1,244 | 1,319 | 1,038 | 958 | 892 | 634 | 569 | 433 | 338 | 276 | 207 | 214 | 244 | 241 | 240 | 225 | 225 | 225 | 216 | 209 |
| EBT Margin | -100.0% | - | 0.08* | 0.09* | 0.07* | 0.07* | 0.08* | 0.07* | 0.06* | 0.06* | 0.05* | 0.04* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - | - |
| Net Income | -0.5% | 936 | 941 | 997 | 859 | 781 | 716 | 481 | 430 | 328 | 254 | 209 | 158 | 163 | 184 | 181 | 181 | 169 | 168 | 170 | 157 | 145 |
| Net Income Margin | -100.0% | - | 0.06* | 0.06* | 0.05* | 0.06* | 0.06* | 0.05* | 0.05* | 0.04* | 0.04* | 0.03* | 0.02* | 0.02* | 0.03* | - | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 459 | 696 | 870 | 1,073 | 1,362 | 986 | 685 | 678 | 595 | 570 | 686 | 355 | 292 | - | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -0.2% | 8,166 | 8,183 | 8,021 | 7,816 | 7,639 | 7,860 | 8,003 | 3,571 | 3,525 | 3,582 | 3,676 | 3,531 | 2,934 | 3,069 | 2,911 | 2,817 | 2,814 | 2,905 | 2,695 | 2,516 | 2,521 |
| Current Assets | -2.3% | 2,004 | 2,050 | 1,910 | 1,813 | 1,602 | 1,814 | 1,929 | 1,151 | 1,133 | 1,318 | 1,406 | 1,298 | 1,592 | 1,753 | 1,603 | 1,448 | 1,530 | 1,629 | 1,553 | 1,376 | 1,386 |
| Cash Equivalents | -73.9% | 78.00 | 297 | 235 | 141 | 100 | 284 | 179 | 331 | 102 | 28.00 | 1.00 | 4.00 | 613 | 389 | 4.00 | 2.00 | 10.00 | 11.00 | 8.00 | 7.00 | 3.00 |
| Inventory | 10.9% | 1,199 | 1,081 | 959 | 822 | 783 | 701 | 718 | 414 | 560 | 770 | 875 | 829 | 636 | 1,060 | 985 | 1,030 | 1,101 | 1,168 | 1,068 | 1,068 | 967 |
| Net PPE | 0.5% | 1,940 | 1,931 | 1,941 | 1,912 | 1,974 | 1,988 | 1,990 | 1,197 | 1,178 | 951 | 956 | 945 | 923 | 924 | 910 | 943 | 919 | 915 | 886 | 878 | 872 |
| Goodwill | 0% | 1,783 | 1,783 | 1,783 | 2,208 | 2,231 | 2,235 | 2,272 | 570 | 563 | 563 | 562 | 889 | 207 | 207 | 202 | 272 | 213 | 213 | 181 | 181 | 181 |
| Current Liabilities | -1.8% | 1,050 | 1,068 | 1,033 | 1,159 | 1,157 | 1,585 | 1,598 | 659 | 759 | 1,049 | 1,223 | 1,213 | 893 | 1,182 | 1,247 | 1,235 | 1,273 | 1,417 | 1,303 | 1,136 | 1,169 |
| Long Term Debt | -0.4% | 3,181 | 3,195 | 3,217 | 3,262 | 3,316 | 3,341 | 3,520 | 1,328 | 1,335 | 1,158 | 1,165 | 1,174 | 1,182 | 1,118 | 907 | 868 | 871 | 875 | 867 | 852 | 856 |
| Shareholder's Equity | 0.6% | 3,069 | 3,049 | 2,904 | 2,643 | 2,410 | 2,183 | 2,116 | 1,301 | 1,148 | 998 | 906 | 812 | 713 | 661 | 646 | 600 | 556 | 505 | 473 | 481 | 451 |
| Retained Earnings | 0.6% | 2,781 | 2,763 | 2,610 | 2,338 | 2,133 | 1,932 | 1,881 | 1,741 | 1,594 | 1,442 | 1,349 | 1,260 | 1,164 | 1,114 | 1,095 | 1,051 | 1,009 | 958 | 923 | 923 | 843 |
| Additional Paid-In Capital | -0.5% | 1,282 | 1,288 | 1,281 | 1,283 | 1,279 | 1,274 | 1,279 | 608 | 604 | 600 | 596 | 592 | 590 | 586 | 583 | 581 | 578 | 576 | 573 | 572 | 569 |
| Shares Outstanding | -3.2% | 21.00 | 22.00 | - | 22.00 | 22.00 | 23.00 | - | 19.00 | 19.00 | 19.00 | - | 19.00 | 19.00 | 19.00 | - | 19.00 | 19.00 | 19.00 | - | 20.00 | 20.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -8.2% | 421 | 459 | 696 | 870 | 1,073 | 1,362 | 1,164 | 986 | 685 | 736 | 653 | 627 | 744 | 412 | 350 | 251 | 142 | 40.00 | 10.00 | 130 | 177 |
| Share Based Compensation | 3.6% | 23.00 | 22.00 | 21.00 | 20.00 | 20.00 | 19.00 | 16.00 | 16.00 | 14.00 | 14.00 | 13.00 | 11.00 | 12.00 | 12.00 | 13.00 | 13.00 | 12.00 | 11.00 | 11.00 | 12.00 | 13.00 |
| Cashflow From Investing | -67.5% | 58.00 | 178 | 465 | -3,435 | -3,344 | -3,682 | -3,917 | -251 | -1,085 | -869 | -820 | -839 | -99.20 | -55.40 | -227 | -223 | -122 | -212 | -149 | -162 | -155 |
| Cashflow From Financing | 19.7% | -501 | -624 | -1,104 | 2,377 | 2,269 | 2,577 | 2,931 | -408 | -110 | -226 | 166 | 215 | -41.10 | 21.00 | -127 | -33.40 | -11.60 | 179 | 143 | 37.00 | -22.30 |
| Buy Backs | -96.7% | 0.00 | 9.00 | 9.00 | 9.00 | 9.00 | 1.00 | 10.00 | 10.00 | 10.00 | 10.00 | 5.00 | 5.00 | 5.00 | 5.00 | 21.00 | 48.00 | 65.00 | 86.00 | 110 | 62.00 | 50.00 |
ABG Income Statement
2023-06-30CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| REVENUE: | ||||
| New vehicle | $ 1,942.7 | $ 1,864.6 | $ 3,710.4 | $ 3,720.1 |
| Used vehicle | 1,107.3 | 1,362.4 | 2,233.9 | 2,713.4 |
| Parts and service | 526.1 | 520.2 | 1,041.7 | 1,022.1 |
| Finance and insurance, net | 166.3 | 203.0 | 338.9 | 406.4 |
| TOTAL REVENUE | 3,742.5 | 3,950.1 | 7,324.8 | 7,862.0 |
| COST OF SALES: | ||||
| New vehicle | 1,757.7 | 1,644.1 | 3,346.5 | 3,275.7 |
| Used vehicle | 1,036.4 | 1,258.3 | 2,086.0 | 2,510.0 |
| Parts and service | 234.1 | 229.7 | 467.6 | 455.2 |
| Finance and insurance | 1.2 | 15.3 | 15.5 | 26.5 |
| TOTAL COST OF SALES | 3,029.4 | 3,147.4 | 5,915.5 | 6,267.3 |
| GROSS PROFIT | 713.1 | 802.7 | 1,409.3 | 1,594.7 |
| OPERATING EXPENSES: | ||||
| Selling, general, and administrative | 408.6 | 448.2 | 811.6 | 903.7 |
| Depreciation and amortization | 16.8 | 18.1 | 33.5 | 36.5 |
| Other operating expense (income), net | 0.0 | 0.8 | 0.0 | (1.9) |
| INCOME FROM OPERATIONS | 287.7 | 335.5 | 564.2 | 656.3 |
| OTHER EXPENSES: | ||||
| Floor plan interest expense | 0.8 | 1.5 | 1.5 | 4.1 |
| Other interest expense, net | 39.3 | 37.6 | 76.6 | 75.2 |
| (Gain) loss on dealership divestitures, net | (13.5) | 28.7 | (13.5) | (4.4) |
| Total other expenses, net | 26.6 | 67.8 | 64.6 | 74.9 |
| INCOME BEFORE INCOME TAXES | 261.1 | 267.7 | 499.6 | 581.4 |
| Income tax expense | 64.8 | 66.4 | 121.9 | 142.3 |
| NET INCOME | $ 196.4 | $ 201.4 | $ 377.7 | $ 439.1 |
| Basic— | ||||
| Net income (in dollars per share) | $ 9.37 | $ 9.11 | $ 17.78 | $ 19.60 |
| Diluted— | ||||
| Net income (in dollars per share) | $ 9.34 | $ 9.07 | $ 17.70 | $ 19.52 |
| WEIGHTED AVERAGE SHARES OUTSTANDING: | ||||
| Basic (in shares) | 20.9 | 22.1 | 21.2 | 22.4 |
| Performance share units (in shares) | 0.1 | 0.1 | 0.1 | 0.1 |
| Diluted (in shares) | 21.0 | 22.2 | 21.3 | 22.5 |
ABG Balance Sheet
2023-06-30CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 77.5 | $ 235.3 |
| Short-term investments | 10.3 | 5.4 |
| Contracts-in-transit, net | 167.2 | 220.8 |
| Accounts receivable, net | 175.7 | 171.9 |
| Inventories, net | 1,199.2 | 959.2 |
| Assets held for sale | 27.5 | 29.1 |
| Other current assets | 346.6 | 288.1 |
| Total current assets | 2,003.9 | 1,909.8 |
| INVESTMENTS | 287.3 | 235.0 |
| PROPERTY AND EQUIPMENT, net | 1,940.2 | 1,941.0 |
| OPERATING LEASE RIGHT-OF-USE ASSETS | 233.6 | 235.4 |
| GOODWILL | 1,783.4 | 1,783.4 |
| INTANGIBLE FRANCHISE RIGHTS | 1,800.1 | 1,800.1 |
| OTHER LONG-TERM ASSETS | 117.4 | 116.7 |
| Total assets | 8,165.9 | 8,021.4 |
| CURRENT LIABILITIES: | ||
| Floor plan notes payable—trade, net | 49.3 | 51.0 |
| Floor plan notes payable—non-trade, net | 0.0 | 0.0 |
| Current maturities of long-term debt | 59.2 | 84.5 |
| Current maturities of operating leases | 21.2 | 23.6 |
| Accounts payable and accrued liabilities | 687.5 | 645.0 |
| Deferred revenue—current | 223.6 | 218.9 |
| Liabilities associated with assets held for sale | 8.8 | 10.5 |
| Total current liabilities | 1,049.6 | 1,033.4 |
| LONG-TERM DEBT | 3,181.3 | 3,216.8 |
| LONG-TERM LEASE LIABILITY | 218.7 | 218.4 |
| DEFERRED REVENUE | 490.5 | 495.0 |
| DEFERRED INCOME TAXES | 101.7 | 100.7 |
| OTHER LONG-TERM LIABILITIES | 55.6 | 53.5 |
| COMMITMENTS AND CONTINGENCIES (Note 13) | ||
| SHAREHOLDERS' EQUITY: | ||
| Preferred stock, $.01 par value; 10,000,000 shares authorized; none issued or outstanding | 0.0 | 0.0 |
| Common stock, $.01 par value; 90,000,000 shares authorized; 42,591,097 and 43,593,809 shares issued, including shares held in treasury, respectively | 0.4 | 0.4 |
| Additional paid-in capital | 1,282.0 | 1,281.4 |
| Retained earnings | 2,781.1 | 2,610.1 |
| Treasury stock, at cost; 22,016,267 and 22,024,479 shares, respectively | (1,066.4) | (1,063.0) |
| Accumulated other comprehensive income | 71.4 | 74.4 |
| Total shareholders' equity | 3,068.6 | 2,903.5 |
| Total liabilities and shareholders' equity | $ 8,165.9 | $ 8,021.4 |
Asbury Automotive Group, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It offers a range of automotive products and services, including new and used vehicles; and vehicle repair and maintenance services, replacement parts, and collision repair services. The company also provides finance and insurance products, including arranging vehicle financing through third parties; and aftermarket products, such as extended service contracts, guaranteed asset protection debt cancellation, prepaid maintenance, and credit life and disability insurance. As of December 31, 2021, the company owned and operated 205 new vehicle franchises representing 31 brands of automobiles at 155 dealership locations; and 35 collision centers in the United States. Asbury Automotive Group, Inc. was founded in 1996 and is headquartered in Duluth, Georgia.