Company: GPI
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0001031203-25-000013
Chunk: 21

Company: GROUP 1 AUTOMOTIVE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 8
Chunk 21
---
,122.4 3,649.8 Accumulated other comprehensive income (loss)1.6 28.1 Treasury stock, at cost; 11,711,022 and 11,447,422 shares, respectively(1,506.2)(1,352.8)TOTAL STOCKHOLDERS’ EQUITY2,974.3 2,674.4 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$9,824.2 $7,774.1  

The accompanying notes are an integral part of these consolidated financial statements.

F-5

 GROUP 1 AUTOMOTIVE, INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS

(In millions, except per share data)

 Years Ended December 31, 202420232022REVENUES:New vehicle retail sales$9,972.4 $8,774.6 $7,452.5 Used vehicle retail sales6,179.9 5,693.5 5,673.3 Used vehicle wholesale sales462.4 441.4 364.6 Parts and service sales2,491.0 2,222.3 2,009.5 Finance, insurance and other, net828.7 741.9 722.2 Total revenues19,934.3 17,873.7 16,222.1 COST OF SALES:New vehicle retail sales9,254.5 8,007.6 6,627.0 Used vehicle retail sales5,849.9 5,392.6 5,359.6 Used vehicle wholesale sales465.7 445.2 364.6 Parts and service sales1,123.2 1,008.0 905.8 Total cost of sales16,693.3 14,853.4 13,256.9 GROSS PROFIT3,241.0 3,020.3 2,965.2 Selling, general and administrative expenses2,179.2 1,926.8 1,783.3 Depreciation and amortization expense113.1 92.0 88.4 Asset impairments33.0 32.9 2.1 Restructuring charges16.7 — — Other operating (income) expense(10.0)— —