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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Total revenues $ 22,571.4 $ 19,934.3 $ 17,873.7
Total cost of sales 18,949.5 16,693.3 14,853.4
GROSS PROFIT 3,621.8 3,241.0 3,020.3
Selling, general and administrative expenses 2,545.5 2,179.2 1,926.8
Depreciation and amortization expense 121.1 113.1 92.0
Asset impairments 192.8 33.0 32.9
Restructuring charges 28.4 16.7 0.0
Other operating income 0.0 (10.0) 0.0
INCOME FROM OPERATIONS 734.0 909.1 968.6
INTEREST EXPENSE:      
Floorplan interest expense 101.5 108.5 64.1
Other interest expense, net 182.9 141.3 99.8
Other (income) expense (0.2) 0.7 4.5
INCOME BEFORE INCOME TAXES 449.9 658.5 800.2
Provision for income taxes 126.2 161.5 198.2
Net income from continuing operations 323.7 497.0 602.0
Net income (loss) from discontinued operations 1.5 1.2 (0.4)
NET INCOME $ 325.2 $ 498.1 $ 601.6
BASIC EARNINGS PER SHARE:      
Basic earnings per share continuing operations (in dollars per shares) $ 25.17 $ 36.88 $ 42.92
Basic earnings per share discontinuing operations (in dollars per shares) 0.12 0.09 (0.03)
Basic earnings per share (in dollars per shares) 25.29 36.96 42.89
DILUTED EARNINGS PER SHARE:      
Diluted earnings per share continuing operations (in dollars per shares) 25.13 36.72 42.75
Diluted earnings per share discontinuing operations (in dollars per shares) 0.12 0.09 (0.03)
Total (in dollars per shares) $ 25.24 $ 36.81 $ 42.73
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:      
Weighted average common shares outstanding basic (in shares) 12,713,382 13,192,518 13,681,660
Weighted average common shares outstanding diluted (in shares) 12,737,232 13,249,884 13,734,799
New vehicle retail sales      
Total revenues $ 10,989.9 $ 9,972.4 $ 8,774.6
Total cost of sales 10,234.5 9,254.5 8,007.6
Used vehicle retail sales      
Total revenues 7,195.0 6,179.9 5,693.5
Total cost of sales 6,847.8 5,849.9 5,392.6
Used vehicle wholesale sales      
Total revenues 607.3 462.4 441.4
Total cost of sales 608.2 465.7 445.2
Parts and service sales      
Total revenues 2,844.6 2,491.0 2,222.3
Total cost of sales 1,259.0 1,123.2 1,008.0
Finance, insurance and other, net      
Total revenues $ 934.6 $ 828.7 $ 741.9