NYSE$GPI

Group 1 Automotive Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported record Q4 and full year financial results, with revenue increase driven by double-digit growth across major business lines.

Group 1 Automotive reported record fourth quarter and full year 2022 financial results. Total revenues for the quarter were $4.1 billion, a 16.6% increase compared to the prior year quarter. Diluted earnings per common share from continuing operations was $10.75, an 18.6% increase compared to the prior year quarter.

  • Total revenues for the current quarter were $4.1 billion, a 16.6% increase compared to prior year quarter.
  • Net income from continuing operations for the current quarter was $156.7 million, a 4.0% decrease compared to the prior year quarter.
  • Current quarter diluted earnings per common share from continuing operations was $10.75, an 18.6% increase compared to prior year quarter.
  • The Company repurchased 973,365 shares during the current quarter.

Headline financials

Total Revenue

$4.07B

Previous: $3.49B+16.6%
EPS (adj)

$10.86

Previous: $9.54+13.8%
Gross profit per new vehicle

$5.2K

Previous: $194M-100.0%
Gross profit per used vehicle

$1.39K

Previous: $95.4M-100.0%
F&I gross profit per retail unit

$2.07K

Previous: $2.06K+0.4%
New retail vehicles sold

39.9K

Previous: 35.6K+12.2%
Capital Expenditures

$62.2M

Previous: $55.2M+12.7%
Free Cash Flow

-$9.7M

Previous: $86.9M-111.2%
Net Income

$157M

Previous: $87.1M+80.3%
Operating Income

$242M

Previous: $230M+5.3%
Gross Profit

$719M

Previous: $671M+7.2%
Cash & Equivalents

$47.9M

Previous: $14.9M+221.5%
Total Assets

$2.24B

Previous: $5.75B-61.1%
Stock-Based Comp

$5.8M

Previous: $9.3M-37.6%

Revenue & EPS history

Group 1 Automotive · Revenue · Quarterly

$4.07B

Q4 2022+16.6%vs Q4 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Group 1 Automotive · $4.07B total across 5 segments · Q4 2022

  • New vehicle sales
    $1.97B+17.7%
  • Used vehicle sales
    $1.32B+16.1%
  • Parts and service
    $518M+18.1%
  • F&I and other
    $173M+15.1%
  • Wholesale used vehicles
    $85.7M-2.3%

Forward guidance

The company did not provide forward guidance in the earnings report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+0.5%

Avg return

Earnings day

+1.6%

Avg return

5 days after

+4.2%

Avg return

30 days after

53%

35 / 66 earnings

Positive

+15.3%

Q3 2014

Best reaction

-9.4%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.5%-2.3%-9.7%
Q4 2025-8.9%-12.8%-17.8%
Q3 2025-6.4%-5.3%-4.1%
Q2 2025-1.8%-1.5%+1.5%
Q1 2025+2.0%+2.2%+6.8%
Q4 2024-2.0%-2.3%+0.2%
Q3 2024+2.6%+3.7%+19.9%
Q2 2024+2.3%+7.3%+13.3%
Q1 2024+7.5%+7.2%+10.2%
Q4 2023-4.7%-5.0%-3.6%
Q3 2023+7.1%+6.1%+21.8%
Q2 2023+1.7%+4.2%+4.1%
Q1 2023+1.6%+3.3%+2.5%
Q4 2022+7.0%+7.4%+14.5%
Q3 2022+6.4%+6.2%+17.0%
Q2 2022+4.1%+7.3%+9.7%
Q1 2022+6.9%+7.4%+9.9%
Q4 2021-3.2%+0.6%+6.6%
Q3 2021-0.2%+6.0%+10.8%
Q2 2021+5.3%+2.5%+0.7%
Q1 2021-2.9%+0.4%-5.7%
Q4 2020+4.0%+10.4%+10.4%
Q3 2020-2.7%+5.3%+11.4%
Q2 2020-5.7%-0.4%+3.0%
Q1 2020-7.4%+1.3%+36.3%
Q4 2019-8.1%-6.2%-19.7%
Q3 2019+8.6%+10.0%+8.5%
Q2 2019-1.4%-3.0%-17.5%
Q1 2019+6.4%+4.9%+2.4%
Q4 2018-0.6%-8.2%-1.8%
Q3 2018+4.4%+6.1%+4.5%
Q2 2018+6.0%+7.6%+20.7%
Q1 2018-1.1%-0.1%+5.5%
Q4 2017+5.9%+3.2%+2.3%
Q3 2017+11.3%+11.5%+11.4%
Q2 2017+0.5%-2.0%-8.3%
Q1 2017-9.4%-13.1%-17.6%
Q4 2016+1.0%-1.0%-1.4%
Q3 2016-5.4%-6.2%+10.8%
Q2 2016+5.6%+1.7%-1.8%
Q1 2016+8.4%
Q4 2015-7.5%
Q3 2015-1.8%
Q2 2015+3.3%
Q1 2015-5.5%
Q4 2014+3.3%
Q3 2014+15.3%
Q2 2014-5.5%
Q1 2014+6.2%
Q4 2013+1.0%
Q3 2013-6.2%
Q2 2013+5.6%
Q1 2013+6.9%
Q4 2012-9.1%
Q3 2012-3.0%
Q2 2012+5.1%
Q1 2011+0.4%
Q1 2012+1.2%
Q1 2010-6.7%
Q4 2009-6.7%
Q4 2011-6.7%
Q3 2011+4.6%
Q3 2010+4.6%
Q2 2010-3.8%
Q4 2010-3.8%
Q2 2011-3.8%

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