Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Intangible Assets, Net

Goodwill and intangible assets, net, consist of the following:

	September 30, 2025		December 31, 2024
Goodwill	$	1,399.5	$	1,452.9
Franchise rights - indefinite-lived	$	967.4	$	861.2
Other intangibles	68.1		68.0
	1,035.5		929.2
Less: accumulated amortization	(28.5)		(23.3)
Other intangible assets, net	$	1,007.0	$	905.9

Goodwill Rollforward

Goodwill allocated to our reporting units and changes in the carrying amount of goodwill for the nine months ended September 30, 2025, were as follows:

	Domestic		Import		Premium Luxury		AN Finance		Other		Consolidated
Balance as of January 1, 2025
Goodwill (1)	$	363.4	$	524.3	$	739.1	$	78.4	$	1,676.0	$	3,381.2
Accumulated impairment losses (1)	(140.0)		—		(257.4)		—		(1,530.9)		(1,928.3)
	223.4		524.3		481.7		78.4		145.1		1,452.9
Acquisitions, dispositions, and other adjustments, net (2)	(1.5)		(0.9)		14.3		—		—		11.9
Impairment	—		—		—		—		(65.3)		(65.3)
Balance as of September 30, 2025
Goodwill (1)	361.9		523.4		753.4		78.4		1,676.0		3,393.1
Accumulated impairment losses (1)	(140.0)		—		(257.4)		—		(1,596.2)		(1,993.6)
	$	221.9	$	523.4	$	496.0	$	78.4	$	79.8	$	1,399.5

(1)    Gross goodwill balance and accumulated impairment losses reflected in “Other” include $1.47 billion associated with our single reporting unit (prior to September 30, 2008, our reporting unit reporting structure was comprised of a single reporting unit). Gross goodwill balance reflected in “Other” also includes amounts associated with the Collision Center, Parts Center, and AutoNation Mobile Service reporting units, as applicable in a given period.

(2)    Includes amounts reclassified to held for sale and related adjustments, which are presented in Other Current Assets in our Consolidated Balance Sheets as of period end.