On Oct. 24, United Auto Group
- Acquisitions and strong same-store growth led to a 15.2% growth in revenues.
- New car sales didn't quite grow 10%, but used car sales, parts and service sales, and fleet sales picked up the slack.
- Given the increase in cash on the balance sheet, I'd love to see how the company managed to do that. Unfortunately, it did not provide a cash flow statement in the release. C'mon, management! Show us the money!
(Figures in millions, except per-share data)
Income Statement Highlights
|
Avg. Est. |
Q3 2006 |
Q3 2005 |
Change |
|
|---|---|---|---|---|
|
Sales |
$3,071 |
$3,081 |
$2,675 |
15.2% |
|
Net Profit |
-- |
$36 |
$34 |
7.8% |
|
EPS |
$0.39 |
$0.36 |
$0.35 |
2.9% |
|
Diluted Shares |
-- |
94 |
94 |
0.0% |
Get back to basics with a look at the income statement.
Margin Checkup
|
Q3 2006 |
Q3 2005 |
Change* |
|
|---|---|---|---|
|
Gross Margin |
14.88% |
14.84% |
0.04 |
|
Operating Margin |
2.77% |
2.91% |
(0.14) |
|
Net Margin |
1.18% |
1.26% |
(0.08) |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
|
Assets |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Cash + ST Invest. |
$19 |
$3 |
607.7% |
|
Accounts Rec. |
$464 |
$380 |
22.2% |
|
Inventory |
$1,456 |
$1,148 |
26.8% |
|
Liabilities |
Q3 2006 |
Q3 2005 |
Change |
|---|---|---|---|
|
Accounts Payable* |
$654 |
$438 |
49.4% |
|
Long-Term Debt |
$863 |
$620 |
39.0% |
Learn the ways of the balance sheet.
Cash Flow Highlights
Sorry, folks. Apparently management didn't have a cash flow statement on the lot in our color. We'll have to order it from the 10-Q.
Find out why Fools always follow the money.
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