Asbury Income Tax Expense from 2010 to 2024

ABG Stock  USD 258.66  7.09  2.67%   
Asbury Automotive's Income Tax Expense is increasing over the last several years with slightly volatile swings. Income Tax Expense is estimated to finish at about 208.7 M this year. During the period from 2010 to 2024 Asbury Automotive Group Income Tax Expense regressed destribution of quarterly values had coefficient of variationof  78.78 and r-value of  0.78. View All Fundamentals
 
Income Tax Expense  
First Reported
2000-12-31
Previous Quarter
9.9 M
Current Value
43.4 M
Quarterly Volatility
25.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Asbury Automotive financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Asbury Automotive's main balance sheet or income statement drivers, such as Depreciation And Amortization of 99.2 M, Interest Expense of 174 M or Selling General Administrative of 1.6 B, as well as many indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0701 or PTB Ratio of 2.14. Asbury financial statements analysis is a perfect complement when working with Asbury Automotive Valuation or Volatility modules.
  
Check out the analysis of Asbury Automotive Correlation against competitors.

Latest Asbury Automotive's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Asbury Automotive Group over the last few years. It is Asbury Automotive's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Asbury Automotive's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Asbury Income Tax Expense Regression Statistics

Arithmetic Mean105,998,533
Geometric Mean76,593,707
Coefficient Of Variation78.78
Mean Deviation62,752,782
Median71,000,000
Standard Deviation83,503,816
Sample Variance6972.9T
Range315.9M
R-Value0.78
Mean Square Error2883.2T
R-Squared0.62
Significance0.0005
Slope14,655,407
Total Sum of Squares97620.4T

Asbury Income Tax Expense History

2024208.7 M
2023198.8 M
2022321.8 M
2021165.3 M
202083.7 M
201959.5 M
201856.8 M

About Asbury Automotive Financial Statements

Asbury Automotive stakeholders use historical fundamental indicators, such as Asbury Automotive's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Asbury Automotive investors may analyze each financial statement separately, they are all interrelated. For example, changes in Asbury Automotive's assets and liabilities are reflected in the revenues and expenses on Asbury Automotive's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Asbury Automotive Group. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense198.8 M208.7 M

Currently Active Assets on Macroaxis

When determining whether Asbury Automotive is a strong investment it is important to analyze Asbury Automotive's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Asbury Automotive's future performance. For an informed investment choice regarding Asbury Stock, refer to the following important reports:
Check out the analysis of Asbury Automotive Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Asbury Automotive. If investors know Asbury will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Asbury Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.22)
Earnings Share
17.83
Revenue Per Share
815.614
Quarterly Revenue Growth
0.156
Return On Assets
0.0663
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.