AUTONATION, INC.
AN · Retail-Auto Dealers & Gasoline Stations · 33.5M shares · -16%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $835M (gross $874M, SBC $40M)
Reference price $204.91 · est. market cap ~$6.9B — last insider sale, 2026-05-05 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66Large diversified auto retailer with high leveraged ROE and resilient parts/service and F&I gross profit, but thin margins, negative FCF and tight liquidity.
Strengths
- High ROE (27.7%, 79th) and steady net income (~$649M, EPS $17); After-Sales and F&I contribute ~78% of gross profit
- Scaled Sunbelt franchise footprint with diversified revenue streams including captive finance
Risks
- Negative FCF (-$197.5M, 10th pct), cash runway 1.2 quarters (16th) and quick ratio 0.22 — partly distorted by floorplan financing
- Thin net margin (2.3%) and tariff/affordability pressure moderating new-vehicle PVR; goodwill/franchise impairments of $162M
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Cash burnNegative free cash flow (-197.5M)
- Weak liquidityCurrent ratio 0.84 (<1)
- Customer concentration~49% of revenue from one customer/distributor — For the year ended December 31, 2025, new vehicle sales accounted for 49% of our total revenue and 13% of our total gross profit
- Buying back stockNet buyback — share count -16%/yr over 4y
- Insider sellingInsider selling — 1 open-market sale(s) by 1 insider(s) (~$512,262, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
17.9%
Operating margin
4.5%
Net margin
2.3%
Return on equity
27.7%
Return on assets
4.5%
Revenue growth (QoQ)
-5.4%
Net-income growth
-6.2%
Current ratio
0.8×
Free cash flow
-$198M
Tangible book value
-$97M
Cash & investments
$59M
Cash runway
1q
Stock comp / revenue
0.2%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-05 | DEES KIMBERLY | Sell | 2.5K | $204.91 |
| 2026-03-01 | Szlosek Thomas A | Option exercise | 1.9K | — |
| 2026-03-01 | Szlosek Thomas A | Tax withheld | 1.6K | $195.16 |
| 2026-03-01 | PARENT JEFF | Option exercise | 1.3K | — |
| 2026-03-01 | PARENT JEFF | Option exercise | 1.2K | — |
| 2026-03-01 | PARENT JEFF | Tax withheld | 997 | $195.16 |
| 2026-03-01 | Manley Michael Mark | Option exercise | 7.0K | — |
| 2026-03-01 | Manley Michael Mark | Option exercise | 7.9K | — |
| 2026-03-01 | Manley Michael Mark | Option exercise | 8.5K | — |
| 2026-03-01 | Manley Michael Mark | Tax withheld | 9.2K | $195.16 |
| 2026-03-01 | EDMUNDS C COLEMAN | Option exercise | 2.1K | — |
| 2026-03-01 | Szlosek Thomas A | Option exercise | 2.2K | — |
| 2026-03-01 | EDMUNDS C COLEMAN | Option exercise | 1.2K | — |
| 2026-03-01 | EDMUNDS C COLEMAN | Option exercise | 944 | — |
| 2026-03-01 | EDMUNDS C COLEMAN | Tax withheld | 2.1K | $195.16 |
| 2026-03-01 | DEES KIMBERLY | Option exercise | 416 | — |
| 2026-03-01 | DEES KIMBERLY | Option exercise | 389 | — |
| 2026-03-01 | DEES KIMBERLY | Option exercise | 351 | — |
| 2026-03-01 | DEES KIMBERLY | Option exercise | 304 | — |
| 2026-03-01 | DEES KIMBERLY | Tax withheld | 577 | $195.16 |
| 2026-03-01 | CAMPLONE GIANLUCA | Option exercise | 1.9K | — |
| 2026-03-01 | CAMPLONE GIANLUCA | Option exercise | 1.8K | — |
| 2026-03-01 | CAMPLONE GIANLUCA | Option exercise | 1.5K | — |
| 2026-03-01 | CAMPLONE GIANLUCA | Tax withheld | 2.1K | $195.16 |
| 2026-03-01 | EDMUNDS C COLEMAN | Option exercise | 1.4K | — |
| 2026-01-28 | Szlosek Thomas A | Grant | 12K | — |
| 2026-01-28 | Szlosek Thomas A | Tax withheld | 4.8K | $215.93 |
| 2026-01-28 | PARENT JEFF | Grant | 2.5K | — |
| 2026-01-28 | PARENT JEFF | Tax withheld | 1.0K | $215.93 |
| 2026-01-28 | Manley Michael Mark | Grant | 60K | — |
| 2026-01-28 | Manley Michael Mark | Tax withheld | 24K | $215.93 |
| 2026-01-28 | EDMUNDS C COLEMAN | Grant | 12K | — |
| 2026-01-28 | EDMUNDS C COLEMAN | Tax withheld | 4.6K | $215.93 |
| 2026-01-28 | DEES KIMBERLY | Grant | 3.3K | — |
| 2026-01-28 | DEES KIMBERLY | Tax withheld | 1.4K | $215.93 |
| 2026-01-28 | CAMPLONE GIANLUCA | Grant | 17K | — |
| 2026-01-28 | CAMPLONE GIANLUCA | Tax withheld | 6.6K | $215.93 |
| 2026-01-02 | TRAVISANO JACQUELINE A | Grant | 1.2K | — |
| 2026-01-02 | Mikan George Lawrence III | Grant | 1.2K | — |
| 2026-01-02 | Lutoff-Perlo Lisa | Grant | 1.2K | — |
| 2026-01-02 | Jenkins Norman K. | Grant | 1.2K | — |
| 2026-01-02 | GRUSKY ROBERT R | Grant | 1.2K | — |
| 2026-01-02 | EDELSON DAVID B | Grant | 1.2K | — |
| 2026-01-02 | Bennett Claire M. | Grant | 1.2K | — |
| 2026-01-02 | BURDICK RICK L | Grant | 1.2K | — |
| 2025-11-18 | BURDICK RICK L | Gift | 423 | — |
| 2025-11-01 | PARENT JEFF | Option exercise | 288 | — |
| 2025-11-01 | PARENT JEFF | Tax withheld | 114 | $199.87 |
| 2025-08-07 | Szlosek Thomas A | Tax withheld | 1.3K | $194.40 |
| 2025-08-07 | Szlosek Thomas A | Option exercise | 3.2K | — |
| 2025-05-16 | EDMUNDS C COLEMAN | Sell | 12K | $190.46 |
| 2025-03-01 | Szlosek Thomas A | Option exercise | 2.2K | — |
| 2025-03-01 | Szlosek Thomas A | Tax withheld | 863 | $182.37 |
| 2025-03-01 | PARENT JEFF | Option exercise | 1.3K | — |
| 2025-03-01 | PARENT JEFF | Tax withheld | 518 | $182.37 |
| 2025-03-01 | Manley Michael Mark | Option exercise | 7.1K | — |
| 2025-03-01 | Manley Michael Mark | Option exercise | 7.0K | — |
| 2025-03-01 | Manley Michael Mark | Option exercise | 7.9K | — |
| 2025-03-01 | Manley Michael Mark | Tax withheld | 8.7K | $182.37 |
| 2025-03-01 | Koehler David L | Option exercise | 1.3K | — |
| 2025-03-01 | Koehler David L | Option exercise | 984 | — |
| 2025-03-01 | Koehler David L | Option exercise | 971 | — |
| 2025-03-01 | Koehler David L | Tax withheld | 1.5K | $182.37 |
| 2025-03-01 | ESPARZA LISA | Option exercise | 923 | — |
| 2025-03-01 | ESPARZA LISA | Option exercise | 833 | — |
| 2025-03-01 | ESPARZA LISA | Tax withheld | 692 | $182.37 |
| 2025-03-01 | EDMUNDS C COLEMAN | Option exercise | 3.1K | — |
| 2025-03-01 | EDMUNDS C COLEMAN | Option exercise | 2.1K | — |
| 2025-03-01 | EDMUNDS C COLEMAN | Option exercise | 1.4K | — |
| 2025-03-01 | EDMUNDS C COLEMAN | Option exercise | 1.2K | — |
| 2025-03-01 | EDMUNDS C COLEMAN | Tax withheld | 2.9K | $182.37 |
| 2025-03-01 | DEES KIMBERLY | Option exercise | 615 | — |
| 2025-03-01 | DEES KIMBERLY | Option exercise | 415 | — |
| 2025-03-01 | DEES KIMBERLY | Option exercise | 388 | — |
| 2025-03-01 | DEES KIMBERLY | Option exercise | 351 | — |
| 2025-03-01 | DEES KIMBERLY | Tax withheld | 699 | $182.37 |
| 2025-03-01 | CAMPLONE GIANLUCA | Option exercise | 2.0K | — |
| 2025-03-01 | CAMPLONE GIANLUCA | Option exercise | 1.9K | — |
| 2025-03-01 | CAMPLONE GIANLUCA | Option exercise | 1.8K | — |
| 2025-03-01 | CAMPLONE GIANLUCA | Tax withheld | 2.2K | $182.37 |
| 2025-03-01 | Koehler David L | Option exercise | 778 | — |
| 2025-02-25 | Manley Michael Mark | Tax withheld | 23K | $183.49 |
| 2025-02-25 | CAMPLONE GIANLUCA | Grant | 16K | — |
| 2025-02-25 | CAMPLONE GIANLUCA | Tax withheld | 6.3K | $183.49 |
| 2025-02-25 | EDMUNDS C COLEMAN | Grant | 5.6K | — |
| 2025-02-25 | EDMUNDS C COLEMAN | Tax withheld | 2.2K | $183.49 |
| 2025-02-25 | Koehler David L | Grant | 7.9K | — |
| 2025-02-25 | Koehler David L | Tax withheld | 3.1K | $183.49 |
| 2025-02-25 | Manley Michael Mark | Grant | 57K | — |
| 2025-01-02 | BURDICK RICK L | Grant | 1.5K | — |
| 2025-01-02 | TRAVISANO JACQUELINE A | Grant | 1.5K | — |
| 2025-01-02 | Mikan George Lawrence III | Grant | 1.5K | — |
| 2025-01-02 | Lutoff-Perlo Lisa | Grant | 1.5K | — |
| 2025-01-02 | Jenkins Norman K. | Grant | 1.5K | — |
| 2025-01-02 | GRUSKY ROBERT R | Grant | 1.5K | — |
| 2025-01-02 | EDELSON DAVID B | Grant | 1.5K | — |
| 2025-01-02 | Bennett Claire M. | Grant | 1.5K | — |
| 2024-12-31 | BURDICK RICK L | Gift | 44K | — |
| 2024-12-31 | BURDICK RICK L | Gift | 44K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (0)
Suppliers (9)
- Toyota
- Honda
- Ford
- General Motors
- BMW
- Mercedes-Benz
- Stellantis
- Volkswagen
- CDK
Named in the 10-K; linked when we track them.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-01 | ResultsExhibits | filing ↗ |
| 2026-04-29 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-02-06 | ResultsExhibits | filing ↗ |
| 2025-11-14 | Material agreementDebt obligationExhibits | filing ↗ |
| 2025-10-31 | OtherExhibits | filing ↗ |
| 2025-10-23 | ResultsExhibits | filing ↗ |
| 2025-07-25 | ResultsExhibits | filing ↗ |
| 2025-05-21 | Reg FDOtherExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-01 | 2026-05-01 | 0001628280-26-029100 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001628280-26-029317 ↗ |
| 8-K | 2026-04-29 | 2026-04-28 | 0001628280-26-028353 ↗ |
| 10-K | 2026-02-12 | 2025-12-31 | 0001628280-26-007800 ↗ |
| 8-K | 2026-02-06 | 2026-02-06 | 0001628280-26-005934 ↗ |
| 8-K | 2025-11-14 | 2025-11-10 | 0001193125-25-283199 ↗ |
| 8-K | 2025-10-31 | 2025-10-31 | 0001628280-25-047694 ↗ |
| 8-K | 2025-10-23 | 2025-10-23 | 0001628280-25-045973 ↗ |
| 10-Q | 2025-10-23 | 2025-09-30 | 0001628280-25-046121 ↗ |
| 10-Q | 2025-07-25 | 2025-06-30 | 0000350698-25-000100 ↗ |
| 8-K | 2025-07-25 | 2025-07-25 | 0000350698-25-000097 ↗ |
| 8-K | 2025-05-21 | 2025-05-21 | 0000350698-25-000091 ↗ |