Group 1 Automotive, Inc. (GPI) financial statements (2022 and earlier)

Company profile

Business Address 800 GESSNER
HOUSTON, TX 77024
State of Incorp. DE
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments15872416292113
Cash and cash equivalents15872416292113
Receivables178200225194189173158
Inventory, net of allowances, customer advances and progress billings1,0731,4681,9021,8441,7631,6521,738
Inventory1,0731,4681,9021,8441,7631,6521,738
Prepaid expense311996    
Contract with customer, asset3835  
Derivative instruments and hedges, assets 2     
Disposal group, including discontinued operation100      
Deferred tax assets   14
Other current assets501816    
Other undisclosed current assets182174254348348304280
Total current assets:1,6662,0042,5162,4022,3292,1512,203
Noncurrent Assets
Finance lease, right-of-use asset169  
Operating lease, right-of-use asset268210220
Property, plant and equipment  1,5471,3481,3191,1261,034
Intangible assets, net (including goodwill)1,8139971,0081,2249138771,163
Goodwill1,4209971,008964913877855
Intangible assets, net (excluding goodwill)392  260  308
Derivative instruments and hedges14      
Deferred income tax assets6  
Other noncurrent assets45372527242415
Other undisclosed noncurrent assets1,7691,841254 286285 
Total noncurrent assets:4,0833,0853,0542,5992,5422,3112,212
TOTAL ASSETS:5,7495,0895,5705,0014,8714,4624,415
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities716670734617590533466
Accounts payable458443528419413356280
Accrued liabilities259227207197177176185
Debt220575993788958
Deferred compensation liability6531   
Derivative instruments and hedges, liabilities043024 
Disposal group, including discontinued operation50      
Other undisclosed current liabilities5511,1071,6231,6761,5291,4281,516
Total current liabilities:1,5441,8432,4222,3872,1982,0532,039
Noncurrent Liabilities
Long-term debt and lease obligation, including:1,8151,2951,4321,2811,3181,2131,203
Finance lease, liability16411676
Capital lease obligations49776970
Operating lease, liability257208211
Other undisclosed long-term debt and lease obligation1,3949721,1451,2331,2411,1441,134
Liabilities, other than long-term debt320295254103230266254
Deferred tax liabilities, net 124162151
Deferred income tax liabilities181141146
Other liabilities128113104101978472
Derivative instruments and hedges, liabilities11414292031
Total noncurrent liabilities:2,1351,5901,6861,3841,5481,4791,457
Total liabilities:3,6793,4324,1083,7713,7473,5323,497
Stockholders' equity
Stockholders' equity attributable to parent, including:1,8251,4501,2561,0961,124930918
Common stock0000000
Treasury stock, value(690)(493)(435)(454)(291)(267)(161)
Additional paid in capital326308295293291291291
Accumulated other comprehensive loss(156)(184)(147)(138)(123)(147)(138)
Retained earnings2,3461,8181,5421,3951,2461,053926
Other undisclosed stockholders' equity attributable to parent(0)(0)     
Total stockholders' equity:1,8251,4501,2561,0961,124930918
Other undisclosed liabilities and equity246208206135   
TOTAL LIABILITIES AND EQUITY:5,7495,0895,5705,0014,8714,4624,415

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues13,48210,85212,04411,60111,12410,88810,633
Cost of revenue
(Cost of Goods and Services Sold)
(11,041)(9,083)(10,228)(9,876)(9,478)(9,293)(9,099)
Other undisclosed gross profit 0     
Gross profit:2,4411,7691,8161,7251,6461,5951,534
Operating expenses(1,477)(1,207)(1,381)(1,317)(1,246)(1,204)(1,208)
Other undisclosed operating loss(79)(76)(72)(67)(58)(51)(47)
Operating income:884486364341342340278
Interest and debt expense(56)(76)(75)(76)(70)(68)(57)
Other undisclosed loss from continuing operations before equity method investments, income taxes (40)(62)(60)(52)(45)(39)
Income from continuing operations before equity method investments, income taxes:829370227205219227182
Other undisclosed loss from continuing operations before income taxes(28)      
Income from continuing operations before income taxes:801370227205219227182
Income tax expense(176)(84)(53)(48)(6)(80)(88)
Net income:62528717415821314794
Other undisclosed net loss attributable to parent(73)      
Net income attributable to parent:55228717415821314794
Undistributed earnings (loss) allocated to participating securities, basic (10)(6)(5) 
Other undisclosed net loss available to common stockholders, basic(19)   (8)(6)(4)
Net income available to common stockholders, basic:53427616815220614190
Other undisclosed net income available to common stockholders, diluted0  000 
Net income available to common stockholders, diluted:53427616815220614190

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:62528717415821314794
Other comprehensive income (loss)28(37)(9)(14)24(9)(56)
Other undisclosed comprehensive loss(73)      
Comprehensive income, net of tax, attributable to parent:58024916514323713838

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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