AutoNation, Inc. on April 25 reported first quarter 2025 revenue of $6.7 billion, an increase of 4% compared to the same period a year ago on a same-store basis. For the quarter, EPS was $4.45 and adjusted EPS was $4.68, compared to $4.49 a year ago. Reconciliations of non-GAAP financial measures are included in the attached financial tables.

Used Vehicle Revenue was $1.9 billion, a decrease of $68 million or 3% and Used Vehicle Gross Profit was $123 million, an increase of $13 million reflecting unit profitability of $1,672 compared to $1,478 a year ago, partially offset by a 2% decrease in unit sales.

“Our results for the first quarter were strong across the board,” said Mike Manley, AutoNation Chief Executive Officer. “We achieved significant new vehicle volume growth, we gained share in the markets in which we compete, we delivered on our focus to improve unit profitability in used vehicles, Customer Financial Services continued to perform, and we delivered record After-Sales profits. “Our operating cash generation and cash conversion were significant, allowing us to deploy capital for both share repurchases and accretive acquisitions and while there remains uncertainty around the impact of tariffs, the strength of AutoNation’s business model has proven to be durable through all economic environments. AutoNation’s multiple revenue streams, flexible cost structure, cash flow generation, and balance sheet position us to continue to deliver robust results,” Manley added.