Asbury Automotive Group Overview

  • Year Founded
  • 1995

Year Founded

  • Status
  • Public

  • Employees
  • 15,000

Employees

  • Stock Symbol
  • ABG

Stock Symbol

  • Investments
  • 59

  • Share Price
  • $228.65
  • (As of Friday Closing)

Asbury Automotive Group General Information

Description

Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company operates 157 new-vehicle stores and 37 collision centers. Over 70% of new-vehicle revenue is from luxury and import brands. Asbury also offers third-party financing and insurance products and its own F&I products via Total Care Auto. Asbury operates in 15 states (mostly Texas, the West, the Mid-Atlantic, and the Southeast). Asbury store brands include McDavid and Park Place in Texas, Koons in the Washington, D.C. area, and the Larry H. Miller brand in the Western US. Asbury generated $14.8 billion of revenue in 2023 and is based in the Atlanta area. The firm targets at least $30 billion of revenue sometime between 2025 and 2030.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly PE-Backed
Primary Industry
Automotive
Stock Exchange
NYS
Corporate Office
  • 2905 Premiere Parkway NorthWest
  • Suite 300
  • Duluth, GA 30097
  • United States
+1 (770) 000-0000

Asbury Automotive Group Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Asbury Automotive Group Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$228.65 $228.22 $178.40 - $256.39 $4.61B 20.2M 166K $27.55

Asbury Automotive Group Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 10,238,184 8,098,691 7,419,250 5,395,330
Revenue 15,421,600 14,802,700 15,433,900 9,837,700
EBITDA 1,022,800 1,034,700 1,548,700 841,700
Net Income 568,200 602,500 997,300 532,400
Total Assets 10,131,500 10,159,400 8,021,400 8,002,600
Total Debt 5,120,000 5,479,200 3,688,800 4,561,200
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Asbury Automotive Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Asbury Automotive Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Asbury Automotive Group is a regional collection of automobile dealerships that went public in March 2002. The company o
Automotive
Duluth, GA
15,000 As of 2023
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Fort Lauderdale, FL
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Houston, TX
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Asbury Automotive Group Competitors (8)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
AutoNation Corporation Fort Lauderdale, FL 00000 00.000 000000000000 00.000
Group 1 Automotive Corporation Houston, TX 00000 00.000 000000000000 00.000
Penske Automotive Group Formerly PE-Backed Bloomfield Hills, MI 00000 00.000 000000000 00 00.000
Aston Martin Formerly PE-Backed Warwick, United Kingdom 0000 00.000 000000000 00 00.000
Bergstrom Automotive Corporation Neenah, WI 0000 000000000 -
You’re viewing 5 of 8 competitors. Get the full list »

Asbury Automotive Group Executive Team (42)

Name Title Board Seat Contact Info
David Hult President, Chief Executive Officer & Board Member
Michael Welch Senior Vice President & Chief Financial Officer
Nathan Briesemeister Chief Accounting Officer, Accounting & Controller, Finance
Barry Cohen Chief Information Officer & Vice President
Jed Milstein JD Executive & Senior Vice President
You’re viewing 5 of 42 executive team members. Get the full list »

Asbury Automotive Group Board Members (14)

Name Representing Role Since
0000000 0000-00000 Self Board Member 000 0000
00000 0000 Asbury Automotive Group President, Chief Executive Officer & Board Member 000 0000
0000 0000000 Self Board Member 000 0000
0000000 00000 Asbury Automotive Group Board Member 000 0000
0000000 00000000 Self Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Asbury Automotive Group Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Asbury Automotive Group Investments & Acquisitions (59)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Algin Management (Nissan and Infinity Car Dealerships) 26-Feb-2024 000000000 0000 Buildings and Property
Jim Koons Automotive Companies 11-Dec-2023 0000000000 00.00 Automotive 00000 000
Larry H. Miller Dealerships 17-Dec-2021 0000000000 00.000 Automotive 00000 000
Total Care Auto 17-Dec-2021 0000000000 Other Financial Services 00000 000
Stevinson Automotive 07-Dec-2021 Merger/Acquisition 00000 Automotive 00000 000
You’re viewing 5 of 59 investments and acquisitions. Get the full list »

Asbury Automotive Group Subsidiaries (22)

Company Name Industry Location Founded
Mike Shaw Subaru Greeley Specialty Retail Greeley, CO 2018
Nalley Toyota Union City Specialty Retail Union City, GA 0000
Arapahoe Hyundai Automotive Centennial, CO 0000
Plaza Motors Automotive Creve Coeur, MO 0000
Park Place Dealerships Automotive Dallas, TX 0000
You’re viewing 5 of 22 subsidiaries. Get the full list »

Asbury Automotive Group ESG

Risk Overview

Risk Rating

Updated February, 01, 2023

14.22 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.00

Percentile

Retailing

Industry

00 of 516

Rank

00.00

Percentile

Automotive Retail

Subindustry

00 of 47

Rank

00.00

Percentile

To view Asbury Automotive Group’s complete esg history, request access »

Asbury Automotive Group Exits (8)

Company Name Exit Date Exit Type Exit Size Status Buyers
Asbury Automotive Group (Nalley Ford Sandy Springs Car Dealership in Atlanta, Georgia) 08-Dec-2014 000000000 00000 00 Completed
  • 000000 0000000000
Brandon Volkswagen 20-Sep-2007 000000000000000000 Completed
  • 000000 0000000000
Mercedes-Benz of Sacramento 25-Feb-2004 000000000000000000 Completed
  • 000000 0000000000
Alpha Auto Group (Mercedes-Benz Dealership in Fresno) 01-Jan-2003 000000000 00000 00 Completed
  • 000000 0000000000
Greenlight.com 24-Aug-2000 Early Stage VC 0000 Completed
  • 7 buyers
You’re viewing 5 of 8 exits. Get the full list »

Asbury Automotive Group FAQs

  • When was Asbury Automotive Group founded?

    Asbury Automotive Group was founded in 1995.

  • Who is the CEO of Asbury Automotive Group?

    David Hult is the CEO of Asbury Automotive Group.

  • Where is Asbury Automotive Group headquartered?

    Asbury Automotive Group is headquartered in Duluth, GA.

  • What is the size of Asbury Automotive Group?

    Asbury Automotive Group has 15,000 total employees.

  • What industry is Asbury Automotive Group in?

    Asbury Automotive Group’s primary industry is Automotive.

  • Is Asbury Automotive Group a private or public company?

    Asbury Automotive Group is a Public company.

  • What is Asbury Automotive Group’s stock symbol?

    The ticker symbol for Asbury Automotive Group is ABG.

  • What is the current stock price of Asbury Automotive Group?

    As of 21-Jun-2024 the stock price of Asbury Automotive Group is $228.65.

  • What is the current market cap of Asbury Automotive Group?

    The current market capitalization of Asbury Automotive Group is $4.61B.

  • What is Asbury Automotive Group’s current revenue?

    The trailing twelve month revenue for Asbury Automotive Group is $15.4B.

  • Who are Asbury Automotive Group’s competitors?

    AutoNation, Group 1 Automotive, Penske Automotive Group, Aston Martin, and Bergstrom Automotive are some of the 8 competitors of Asbury Automotive Group.

  • What is Asbury Automotive Group’s annual earnings per share (EPS)?

    Asbury Automotive Group’s EPS for 12 months was $27.55.

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