Every material Form 8-K AutoNation has filed with the SEC since July 11, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
AutoNation reported third-quarter 2026 revenue of $7.0 billion, roughly flat year over year, with GAAP diluted EPS of $4.87 versus $5.65 a year earlier. Adjusted diluted EPS rose to $5.11 from $5.01, and the board approved an additional $1.0 billion share repurchase authorization, which matters to shareholders because it reduces the share count and the company has already cut shares outstanding by 9% this year.
Q3 2026 revenue $7,010.3 million vs $7,037.4 million a year ago (-0.4%); GAAP net income $162.3 million vs $215.1 million (-25%)
Adjusted diluted EPS $5.11 vs $5.01 (+2%); GAAP operating income $314.6 million vs $372.4 million (-16%)
Share repurchases of $620 million in the first nine months of 2026; $1.4 billion remained available as of October 28, 2026 after the new $1.0 billion authorization
Covenant leverage ratio 2.7X at quarter-end; revolving credit capacity increased to $2.0 billion with maturity extended to September 14, 2031
AutoNation increased its Board to ten directors and appointed Mark Stewart as an independent director, effective immediately, on October 13, 2026. Stewart is the former Chief Executive Officer and President of The Goodyear Tire & Rubber Company, and he will receive the standard non-employee director retainer of $50,000 per year. The filing reports no financial results, and the appointment is a governance change with limited direct financial effect on shareholders.
Board increased from nine to ten directors; Mark Stewart appointed effective immediately on October 13, 2026
Stewart's annual Board retainer is $50,000, prorated for 2026, and he is eligible for future equity awards under the 2024 Non-Employee Director Equity Plan
Stewart has served as CEO and President of Goodyear and a Goodyear director since January 2024
Board Chairman Rick Burdick said Stewart's experience will strengthen the Board
AutoNation reported second-quarter 2026 results, with revenue of $6.9 billion, down 1% from a year earlier. GAAP diluted EPS was $5.39, up from $2.26, and adjusted EPS was $5.56, up 2% from $5.46. For shareholders, profit rose while sales and gross profit fell.
Revenue was $6.9 billion, down 1% year over year, and gross profit was $1.2 billion, down 3%.
GAAP diluted EPS was $5.39 versus $2.26 a year ago; adjusted EPS was $5.56 versus $5.46.
Same-store new vehicle retail unit sales fell 5% and used vehicle retail unit sales fell 8%.
The company repurchased $457 million of shares in the first half of 2026.
AutoNation reported first quarter 2026 revenue of $6.6 billion, down 2% from a year earlier, and operating income of $314.3 million, down 6%. GAAP diluted EPS rose to $5.85 from $4.45, but this includes $54 million of net gains on equity investments, and adjusted EPS was flat at $4.69. The company repurchased $300 million of its shares in the quarter, reducing its share count by 4%.
Revenue was $6,552.1 million versus $6,690.4 million a year earlier, a 2% decrease.
Operating income was $314.3 million, down 6%; adjusted operating income was $311.7 million, down 7%.
GAAP diluted EPS was $5.85 versus $4.45; adjusted diluted EPS was $4.69 versus $4.68, excluding $54 million of net gains on equity investments.
AutoNation repurchased 1.5 million shares for $300 million in the quarter and $391 million year-to-date through April 29, 2026, with more than $685 million of authorization remaining.
At its April 28, 2026 annual meeting, AutoNation stockholders approved the 2026 Employee Equity and Incentive Plan, which replaces the 2017 plan, and elected all nine director nominees. Stockholders did not approve two shareholder proposals, one on an independent board chairman and one on a GHG report.
2026 Plan approved by 29,066,751 votes for, 330,782 against, and 15,702 abstaining
Maximum share issuance is 1,275,000 shares plus 883,316 shares carried over from the 2017 plan
2017 plan discontinued as of April 28, 2026; outstanding 2017 awards remain in effect
Independent board chairman proposal received 1,799,833 for and 27,561,657 against; GHG report proposal received 4,387,899 for and 24,369,831 against
AutoNation reported fourth-quarter 2025 revenue of $6.9 billion, down 4% from a year earlier, while diluted EPS rose 1% to $4.70. For the full year, revenue rose 3% to $27.6 billion and diluted EPS rose 1% to $17.04, while adjusted EPS climbed to $20.22 from $17.46. The results matter to shareholders because Q4 operating income and net income both fell 8%, even as the company repurchased $785 million of its stock in 2025.
Q4 2025 operating income was $313.9 million, down 8%, and net income was $172.1 million, down 8%.
Full-year 2025 adjusted diluted EPS was $20.22 versus $17.46 a year earlier; adjusted free cash flow was $1.05 billion.
Share repurchases totaled $785 million in 2025, with $968 million of authorization remaining as of February 4, 2026.
AutoNation closed the sale of $600 million in 4.450% senior notes maturing January 15, 2029, issued at 99.846% of principal with a 4.499% yield to maturity. The notes are not guaranteed by subsidiaries and are structurally subordinated to their liabilities, which adds new debt ahead of shareholders' claims.
Principal amount: $600 million of 4.450% senior notes due January 15, 2029, closed November 14, 2025
Issue price 99.846% of principal, yield to maturity 4.499%
Interest payable January 15 and July 15 each year, starting July 15, 2026
Notes are not guaranteed by subsidiaries; indenture limits liens, sale and leaseback transactions, and mergers or asset transfers
AutoNation reported third quarter 2025 revenue of $7.0 billion, up 7% from a year ago, with diluted EPS of $5.65 versus $4.61 and adjusted EPS of $5.01 versus $4.02. GAAP EPS includes $40 million of cybersecurity insurance recoveries, which the company excludes from adjusted EPS, and the company repurchased $181 million of stock during the quarter.
Revenue of $7.0 billion, up 7% year over year; net income of $215.1 million, up 16%
Diluted EPS of $5.65 versus $4.61; adjusted diluted EPS of $5.01 versus $4.02
Adjusted EPS excludes $40 million of cybersecurity insurance recoveries and $8 million of acquisition-related expenses
About $338 million of share repurchase authorization remained as of October 21, 2025
AutoNation reported second-quarter 2025 revenue of $7.0 billion, up 8% from a year earlier, led by new vehicle, finance, and after-sales growth. GAAP diluted EPS fell 29% to $2.26 after $141.3 million of pre-tax goodwill, franchise rights, and other asset impairments, while adjusted diluted EPS rose 37% to $5.46. Shareholders face a higher top line alongside lower reported earnings, and the release includes no new full-year guidance.
Revenue was $6,974.4 million, up 8% from $6,480.4 million; net income was $86.4 million versus $130.2 million a year ago.
Diluted EPS was $2.26 versus $3.20; adjusted diluted EPS was $5.46 versus $3.99, excluding $123 million, or $3.21 per share, of after-tax impairments.
Repurchased 1.5 million shares for $254 million in the first half, with more than $607 million of authorization remaining.
Completed a $700 million AN Finance asset-backed securitization at a weighted-average fixed rate of 4.90%.
AutoNation reported first quarter 2025 revenue of $6.7 billion, up 4% on a same-store basis, with new vehicle revenue up 10%. GAAP diluted EPS fell 1% to $4.45 and net income fell 8% to $175.5 million, while adjusted EPS rose 4% to $4.68. The company repurchased $225 million of stock in the quarter and has more than $607 million of repurchase authorization remaining.
Revenue of $6.7 billion, up 3% reported and 4% same-store; new vehicle revenue up 10% to $3.2 billion.
Diluted EPS $4.45 vs. $4.49 a year ago; adjusted diluted EPS $4.68 vs. $4.49, up 4%.
Repurchased 1.4 million shares for $225 million; acquired a Ford store and a Mazda store in Colorado for $70 million.
AutoNation closed on February 24, 2025, its sale of $500 million in 5.890% senior notes maturing March 15, 2035, issued at 99.995% of principal. The company adds $500 million of long-term debt, and the notes are not guaranteed by its subsidiaries, which means they rank behind subsidiary liabilities, including trade payables.
Principal amount: $500 million; issued at 99.995% of principal, a yield to maturity of 5.890%
Maturity date March 15, 2035; interest paid semiannually on March 15 and September 15, starting September 15, 2025
Notes are not guaranteed by subsidiaries and are structurally subordinated to subsidiary liabilities
Indenture limits liens, sale and leaseback transactions, and mergers or asset transfers; underwriters are BofA Securities, J.P. Morgan, Mizuho, Truist and Wells Fargo
AutoNation reported fourth quarter 2024 revenue of $7.2 billion, up 8% on a same-store basis, but diluted EPS fell 8% to $4.64 and net income fell 14% to $186.1 million. For full year 2024, revenue fell 1% to $26.8 billion and diluted EPS fell 26% to $16.92, while the company repurchased $460 million of stock, a 7% share reduction.
Q4 2024 same-store new vehicle retail unit sales rose 12%, while new vehicle gross profit fell $23 million to $212 million.
Q4 adjusted EPS was $4.97, compared with $5.02 a year earlier.
Full-year 2024 net income was $692.2 million, down 32% from $1,021.1 million in 2023.
Leverage was reduced to 2.4X at the end of Q4, and the company reported $1.3 billion of liquidity at December 31, 2024.
AutoNation reported third-quarter 2024 results for the quarter ended September 30, 2024, with revenue of $6.6 billion, down 4% from a year earlier, and diluted EPS of $4.61 versus $5.54. The company said residual effects of the July CDK outage reduced EPS by an estimated $0.21, and adjusted EPS of $4.02 excluded $0.59 of net favorable items, mainly gains on dispositions.
Diluted EPS $4.61 vs. $5.54 a year earlier; adjusted EPS $4.02 vs. $5.54
Revenue $6.6 billion, down $307 million; net income $185.8 million, down 24%
Company estimated the July CDK outage's residual effects reduced EPS by $0.21
$156 million net divestiture proceeds and $53.9 million pre-tax gain; $965 million left on buyback program
AutoNation reported second quarter 2024 results on July 31, 2024, with revenue of $6.5 billion, down 6% from a year earlier, and diluted EPS of $3.20 versus $6.02. The company says an outage of its dealer management system, caused by a cyber incident at CDK Global, reduced EPS by an estimated $1.55, including $0.79 of one-time costs. Shareholders face lower reported earnings, though the company repurchased $350 million of shares year to date through July 29, 2024.
Diluted EPS $3.20 vs. $6.02 a year earlier; adjusted EPS $3.99 vs. $6.29
Revenue $6.5 billion, down $410 million, mainly due to the CDK outage and lower average vehicle selling prices
CDK outage reduced EPS by an estimated $1.55, including $0.79 of one-time costs
Repurchased $350 million of shares year to date through July 29, 2024; about $971 million remains under the program
AutoNation said a cyber incident at third-party provider CDK Global disrupted its dealer management system and core functions, and it estimates the incident will reduce second-quarter 2024 earnings per share by about $1.50 before any insurance or other recoveries. After that impact, the company estimates GAAP earnings per share for the quarter ended June 30, 2024, will be between $3.15 and $3.30, and these estimates are subject to change. Shareholders face lower reported profit for the quarter, though the company says it does not expect a material effect on its overall financial condition or ongoing operations.
Estimated negative impact of about $1.50 per share on Q2 2024 EPS, before potential recoveries
Impact split roughly evenly between lost income from June 19 to June 30, 2024 and one-time costs, mainly guaranteed compensation to retain commission-based associates
Estimated GAAP EPS for the quarter ended June 30, 2024: $3.15 to $3.30
Dealer management system and core functions restored; ancillary systems expected fully restored before the end of July 2024; second-quarter results due July 31, 2024
AutoNation increased its board to nine directors and appointed Claire Bennett, effective July 8, 2024, as an independent director. The filing describes a standard non-employee director compensation arrangement, and the board has not yet set her committee assignments.
Claire Bennett appointed to the board effective July 8, 2024; board size increased to nine directors
Annual board retainer of $50,000, prorated for 2024, plus meeting expense reimbursement
Committee assignments not yet determined; company plans to file an amendment when available
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