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AUTONATION INC

For the period ended Mar 31, 2024. Filed Apr 26, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed Apr 26, 2024

AN$184.00-2.2%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2024

or

☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from to

Commission File Number:1-13107

(Exact name of registrant as specified in its charter)

Delaware73-1105145
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
200 SW 1st Avenue
Fort Lauderdale,Florida33301
(Address of principal executive offices)(Zip Code)

(954)769-6000

(Registrant’s telephone number, including area code)

N/A

(Former name, former address and former fiscal year, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.01 per shareANNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No¨

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes þ No¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filerþAccelerated filer☐
Non-accelerated filer☐Smaller reporting company☐
Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ Noþ

As of April 24, 2024, the registrant had 40,266,545 shares of common stock outstanding.

FORM 10-Q

TABLE OF CONTENTS

PART I. FINANCIAL INFORMATION
Page
Item 1. · Financial Statements
Unaudited Condensed Consolidated Balance Sheets as of March 31, 2024 and December 31, 20231
Unaudited Condensed Consolidated Statements of Income for the Three Months Ended March 31, 2024 and 20232
Unaudited Condensed Consolidated Statements of Shareholders’ Equity for the Three Months Ended March 31, 2024 and 20233
Unaudited Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2024 and 20234
Notes to Unaudited Condensed Consolidated Financial Statements6
Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations24
Item 3.Quantitative and Qualitative Disclosures about Market Risk49
Item 4.Controls and Procedures50
PART II. OTHER INFORMATION
Item 1A.Risk Factors51
Item 2.Unregistered Sales of Equity Securities and Use of Proceeds51
Item 5.Other Information51
Item 6.Exhibits52
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.