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AutoNation

Logo: AutoNation, Public domain, via Wikimedia Commons5

American automotive retailer

AutoNation, Inc. is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States.3 From Wikipedia, CC BY-SA 4.0

$159.44 up 6.25 (4.08%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

1996Founded1

Compare with CarMax, Penske Automotive Group or Group 1 Automotive, or pick any stock.

  • TickerAN on NYSE1
  • Industryretail1
  • HeadquartersFort Lauderdale1
  • Websitewww.autonation.com
  • Incorporated inDE6
  • Business address200 Sw 1St Ave, Suite 1600, Fort Lauderdale, Fl 333016
  • Filer categoryLarge accelerated filer6
AutoNation Corporate Headquarters 2018 Photo
Photo: AutoNation Inc. Ft Lauderdale FLorida, CC0, via Wikimedia Commons8

AutoNation, Inc. is an American automotive retailer based in Fort Lauderdale, Florida, which provides new and pre-owned vehicles and associated services in the United States. The company was founded by Wayne Huizenga in 1996, starting with twelve AutoNation locations, and now has more than 300 retail outlets.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

17.9%Gross margin9
4.5%Operating margin9
2.3%Net margin9
3.2%Revenue growth, 20259
27.7%Return on equity9
-$197.5MFree cash flow9

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

New Vehicle brought in 49% of the revenue AutoNation broke down this way in fiscal 2025.

  1. New Vehicle$13.5B949%up 3% from 2024
  2. Used Vehicle$7.8B928%up 1% from 2024
  3. Parts And Service$4.8B917%up 5% from 2024
  4. Finance and insurance, net$1.5B95%up 8% from 2024
  5. Product and Service, Other$16.3M90%down 28% from 2024
Products and services by year
Products and services202320242025
New Vehicle$12.8B$13.0B$13.5B
Used Vehicle$8.2B$7.7B$7.8B
Parts And Service$4.5B$4.6B$4.8B
Finance and insurance, net$1.4B$1.4B$1.5B
Product and Service, Other$30.5M$22.6M$16.3M

Business segments

AN Reportable Segment, Premium Luxury brought in 37% of the revenue AutoNation broke down this way in fiscal 2025.

  1. AN Reportable Segment, Premium Luxury$10.3B937%up 2% from 2024
  2. AN Reportable Segment, Import$8.4B930%up 3% from 2024
  3. AN Reportable Segment, Domestic$7.5B927%up 5% from 2024
  4. Corporate Segment and Other Operating$1.4B95%up 5% from 2024
Business segments by year
Business segments202320242025
AN Reportable Segment, Premium Luxury$10.3B$10.1B$10.3B
AN Reportable Segment, Import$7.9B$8.2B$8.4B
AN Reportable Segment, Domestic$7.6B$7.1B$7.5B
Corporate Segment and Other Operating$1.2B$1.3B$1.4B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue82¢$22.7B
  • Selling, general and admin12¢$3.4B
  • Other costs3¢$701.8M
  • Income tax1¢$235.4M
  • Profit2¢$649.1M

Out of $27.6B in revenue.9

Where each dollar of operating cash went, fiscal 2025

  • Capital spending28¢$309.4M
  • Share buybacks72¢$791.6M

Out of $111.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.9

Financial statements

Revenue101112139$27.6B in 2025+30% since 2019
0$10.0B$20.0B$30.0B2019: $21.3B$21.3B20192020: $20.4B$20.4B2020−4%2021: $25.8B$25.8B2021+27%2022: $27.0B$27.0B2022+4%2023: $26.9B$26.9B2023−0%2024: $26.8B$26.8B2024−1%2025: $27.6B$27.6B2025+3%
Gross profit101112139$4.9B in 2025+40% since 2019
0$2.0B$4.0B$6.0B2019: $3.5B$3.5B20192020: $3.6B$3.6B2020+1%2021: $5.0B$5.0B2021+39%2022: $5.3B$5.3B2022+6%2023: $5.1B$5.1B2023−3%2024: $4.8B$4.8B2024−7%2025: $4.9B$4.9B2025+3%
Operating income101112139$1.2B in 2025+51% since 2019
0$1.0B$2.0B$3.0B2019: $823.6M$823.6M20192020: $563.2M$563.2M2020−32%2021: $1.9B$1.9B2021+238%2022: $2.0B$2.0B2022+6%2023: $1.7B$1.7B2023−18%2024: $1.3B$1.3B2024−21%2025: $1.2B$1.2B2025−5%
Net income101112139$649.1M in 2025+44% since 2019
0$500.0M$1.0B$1.5B2019: $450.0M$450.0M20192020: $381.6M$381.6M2020−15%2021: $1.4B$1.4B2021+260%2022: $1.4B$1.4B2022+0%2023: $1.0B$1.0B2023−26%2024: $692.2M$692.2M2024−32%2025: $649.1M$649.1M2025−6%

Every line of the income statement in the latest annual report, as filed.9

Period ending2025-12-312024-12-312023-12-31
TOTAL REVENUE$27.6B$26.8B$26.9B
TOTAL COST OF SALES$22.7B$22.0B$21.8B
TOTAL GROSS PROFIT$4.9B$4.8B$5.1B
AutoNation finance income (loss)$9.8M-$9.3M-$13.9M
Selling, general, and administrative expenses$3.4B$3.3B$3.3B
Depreciation and amortization$251.4M$240.7M$220.5M
Goodwill impairment$65.3M$0$0
Franchise rights impairment$93.7M$12.5M$0
Other income, net-$54.2M-$46.5M-$8.0M
OPERATING INCOME$1.2B$1.3B$1.7B
Floorplan interest expense-$188.8M-$218.9M-$144.7M
Other interest expense-$180.0M-$179.7M-$181.4M
Other income, net$13.4M$9.8M$24.4M
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES$884.5M$916.7M$1.4B
Income tax provision$235.4M$224.5M$330.0M
NET INCOME FROM CONTINUING OPERATIONS$649.1M$692.2M$1.0B
Income from discontinued operations, net of income taxes$0$0$900.0K
NET INCOME$649.1M$692.2M$1.0B
Continuing operations (in dollars per share)$17$17$23
Discontinued operations (in dollars per share)$0$0$0
Net income (in dollars per share)$17.26$17.09$22.89
Weighted average common shares outstanding, basic (in shares)37.6M shares40.5M shares44.6M shares
Continuing operations (in dollars per share)$17$17$23
Discontinued operations (in dollars per share)$0$0$0
Net income (in dollars per share)$17.04$16.92$22.74
Weighted average common shares outstanding (in shares)38.1M shares40.9M shares44.9M shares

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The story

Founded by Wayne Huizenga in 1996.1

1996–2008

Before its acquisition by Republic Industries in 1997, but under the early division brand name "AutoNation", the company was a growing network of used automobile superstores. In 1995, H. Wayne Huizenga of Republic Industries became chairman of the board of directors and through Republic's ownership of AutoNation, sought to expand its business into used auto sales throughout the United States. Republic's sales for 1995 were $5.2 billion.

In 1996, Republic Industries began purchasing new car dealerships and offering long-term contracts to owners who joined the newly created automotive division of Republic Industries, which led to the company operating twelve retail locations under the "AutoNation" brand. Later that year, Alamo Rent A Car was purchased by Republic Industries for $625 million, and a 2-for-1 stock split in Republic stock was also completed.

In 1997, Republic continued its acquisitions in the car rental business with the purchase of National Car Rental, Spirit Rent-A-Car, Value Rent-A-Car, Snappy Car Rental, and EuroDollar Rent A Car. Huizenga had Republic start consolidating operations between new and used cars and its rental companies into one operation. Acquiring six Saturn dealerships in Arizona and Florida, Republic sold the dealerships to Saturn in 1997 because they did not generate enough sales, despite being a successful brand.

In 1997, the company acquired Maroone Automotive Group of Buffalo, New York and Florida for $200 million in Republic stock.

In an attempt to expand the company's electronic security division, the company offered to purchase ADT. The acquisition failed, and in October 1997, Republic sold its electronic security division.

Republic Industries offered in July 1998 an initial public offering of its original core waste disposal business as Republic Services and it was from this sale of 36% of Republic Services stock, the company netted $1.4 billion to be used to fund the new company being formed. As a result of this sale, the company changed its name to AutoNation to highlight its focus on the automobile industry.

In 1998, CarMax brought a lawsuit against Republic for copyright and trademark infringement. CarMax received a $50 million jury award in its lawsuit, but it was overturned on appeal in 1998.

In April 1998, competitor Drivers' Mart was purchased for $40 million. The remaining 64% of Republic Services was divested to Republic Industries shareholders in 1999. The company's first chief executive officer (CEO), Steve Berrard, eventually resigned from the company in July 1999.

Read the full text

Mike Jackson, the new CEO, previously of Mercedes Benz USA, moved to spin off the car rental business as "ANC Rental" and close all newly built "AutoNation USA" used car megastores, due to losses of $25 million per quarter. Plans to brand all automotive retail stores as "AutoNation stores" were cancelled. A rebranding of a more recognizable 'regional brand' focus was instituted.

In January 2003, Jackson was named chairman of the board, replacing Huizenga. On October 24, 2005, the AutoNation building in downtown Fort Lauderdale suffered significant damage due to Hurricane Wilma. The company has since transferred to another nearby building.

In 2006, Mike Jackson, CEO of AutoNation announced that his company would be reducing orders from the three major vehicle manufacturers as General Motors, Ford and Chrysler in 2007 and altered the company's purchase pattern to include purchasing more imported vehicles as BMW, Mercedes and Lexus, due to anticipated view of further market share losses by US automakers. resulting in high dealer

2009–present

In 2009, during the great recession, AutoNation announced a newly formed AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles.

In January 2013, AutoNation announced that it would replace localized brand names of its car retail operations with its own name. This re-branding across the US was supported and approved by the major automotive manufacturers, including GM, Ford, Chrysler, Nissan, Toyota, Honda, VW and Hyundai. It involved a total of 210 franchises operating under previously assigned local group names. In May 2013, AutoNation partnered with Indy Car Series Champion Ryan-Hunter Reay to support his "Racing for Cancer" charity. This charity served as a key component of the AutoNation cancer charity program which was founded as a 501(c)(3) charitable organization. In August 2013, AutoNation announced the sale of its 9 millionth vehicle which was a record achievement for the industry.

On April 11, 2017, USA Today wrote that AutoNation's CEO Mike Jackson questioned the market value of Tesla, the maker of electric cars, by saying that Tesla is "either one of the great Ponzi schemes of all time or it’s gonna work out." The previous day, Tesla passed General Motors as the most valuable American automotive manufacturer, measured by its market capitalization. Jackson also said, "Clearly General Motors is undervalued and Tesla is overvalued. Anybody can see that." In June 2017, AutoNation sold a total of 11 million vehicles. On November 2, 2017, AutoNation announced that Waymo, a developer of self-driving technology, enlisted AutoNation to maintain and repair their driverless vehicles fleet.

During the coronavirus pandemic, AutoNation faced criticism after reports in The Washington Post revealed that the company applied for at least $266 Million in SBA Paycheck Protection Program loan under the CARES Act in order to allow at least 7,000 employees who had been furloughed to return to work and received up to $95 Million in funds for its over 300 dealerships located throughout the United States. SBA Paycheck Protection Program loans were originated by commercial banks, credit unions, and other financial institutions; according to AutoNation's Form 8-K filed with the Securities and Exchange Commission on March 26, the company's "administrative agent" and lender as of the filing date was JPMorgan Chase Bank, N.A. On April 24, AutoNation announced that it would be returning $77 Million to J.P Morgan.

Cheryl Miller resigned her position as CEO for AutoNation in July 2020. She was replaced by Mike Jackson, who was to fill the role until April 2022. In November 2021, Mike Jackson retired from his 20 years service to AutoNation and was replaced by Mike Manley, previously Head of Americas at Stellantis N.V. and former CEO of Fiat Chrysler Automobiles.

On April 9, 2021, it was officially announced that AutoNation had reached a naming rights agreement for the stadium of Fort Lauderdale-based Inter Miami CF. The team's stadium became branded as DRV PNK Stadium, a tie-in with AutoNation's breast cancer awareness campaign.

In 2022, AutoNation sold its 14 millionth vehicle in the United States since its founding.

In January 2023, AutoNation acquired RepairSmith, a full-service mobile solution for automotive repair and maintenance, for $190 million.

From Wikipedia’s article on AutoNation, shared under CC BY-SA 4.0.7

Leadership

Who has led AutoNation, and when. Pick a name to see everywhere that person has worked.

Former names

  • AUTONATION INC /FLJun 4, 1999 to Aug 6, 20096
  • REPUBLIC INDUSTRIES INCDec 22, 1995 to Feb 16, 19996
  • REPUBLIC WASTE INDUSTRIES INCOct 31, 1995 to Sep 21, 19956

Timeline

  1. Apr 6, 1999Went public Listed on NYSE1
  2. 1996Founded Founded1

Recent filings

  1. Oct 2, 2026SCHEDULE 13G
  2. Sep 15, 20268-K
  3. Aug 10, 20264
  4. Aug 7, 20264
  5. Aug 5, 2026144
  6. Jul 31, 20268-K
  7. Jul 31, 202610-Q
  8. May 7, 20264
  9. May 5, 2026SCHEDULE 13D/A
  10. May 1, 20268-K
  11. May 1, 202610-Q
  12. Apr 30, 2026S-8
  13. Apr 30, 2026S-8 POS
  14. Apr 29, 20268-K
  15. Mar 26, 2026SCHEDULE 13G/A

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2