| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 5.4K | 1.8% |
| Total Income | 5.4K | 1.8% |
| Expenditure | 5.2K | 2.0% |
| PBT | 170.50 | 1.8% |
| Net Profit | 130.20 | 1.6% |
| OPM | 4.49% | 0.24pp |
| NPM | 2.41% | 0.08pp |
| EPS | 10.87 | 12.2% |
Group 1 Automotive Reports Q1 2026 EPS $10.82
03 May 2026 · 3 May, 6:12 pm
Summary
Group 1 Automotive, Inc. reported its financial results for the first quarter of 2026, with diluted earnings per share at $10.82. Total revenues amounted to $5.4 billion, slightly lower than the $5.5 billion reported in the same quarter of the previous year. Net income from continuing operations increased to $129.9 million. The U.K. business performed strongly, achieving record quarterly gross profits, while the U.S. saw strength in aftersales, particularly in parts and service gross margin.
Key Highlights
- 1
Group 1 Automotive reported diluted earnings per common share from continuing operations of $10.82 for the current quarter.
- 2
The company's U.K. business achieved record quarterly gross profits of $230.6 million, representing a 6.3% increase year-over-year.
- 3
Parts and service gross profit reached a new quarterly high in the U.S. business.
- 4
Total revenues for the current quarter were $5.4 billion, compared to $5.5 billion in the first quarter of 2025.
- 5
Net income from continuing operations increased to $129.9 million, up from $127.7 million in the prior-year quarter.
- 6
During the quarter, the Company repurchased approximately 1.7% of its outstanding common shares.
- 7
The company acquired one Skoda and two Volkswagen dealerships in the U.K., expected to generate approximately $135 million in annual revenues.
Management Comments
Daryl Kenningham
“The U.K. performed well in the first quarter of 2026,” said Daryl Kenningham, Group 1’s President and Chief Executive Officer. “Our U.K. business generated record revenues across nearly all major business lines and achieved record gross profit in used vehicles and parts and service. In the U.S., we saw a key bright spot in aftersales, with parts and service gross margin reaching a new quarterly high. Parts and service continues to be a key differentiator for us and our strength during this quarter is a testament to our relentless focus on operational excellence.” “The broader macro environment remains dynamic and challenging, with persistently high interest rates and elevated vehicle and gasoline prices weighing on affordability. To address these challenges, we have initiated several cost actions in the U.S. and U.K., including staffing reductions and discretionary expense reductions across our business.”
Informational and educational content only. Not investment advice.