Financial Performance & Growth - Group 1's 2021 revenue reached $13802 million, a significant increase from $10852 million in 2020[9] - Adjusted EPS in 2021 was $3502, compared to $1806 in 2020, demonstrating substantial earnings growth[9] - Adjusted free cash flow for 2021 was $656 million, up from $426 million in 2020, highlighting strong cash generation[9] - From 2020 through 1Q22, the company repurchased approximately 15% of its outstanding common shares, totaling $4059 million[34] Strategic Initiatives & Market Position - Group 1 completed $25 billion in acquisitions in 2021 and $550 million year-to-date in 2022, indicating a focus on growth through strategic acquisitions[10] - The company's digital platform, AcceleRide®, experienced 77% year-over-year growth in units sold in FY21, showcasing the success of its digital retail strategy[10] - Parts & Service contributes approximately 45% of total gross profit, emphasizing its importance to the business model[28] - U S same store used retail units grew by 15% on a year-over-year basis in 2021, outperforming the industry[34] Geographic Focus - Texas locations generated 40% of 4Q21 total new vehicle unit sales, highlighting the importance of the Texas market[25] - Group 1 is the 1 auto retailer in Texas, capitalizing on the state's strong economic growth and business climate[27] Real Estate Strategy - As of December 31, 2021, Group 1 owned approximately $17 billion of gross real estate, representing 64% of dealership locations[37]
Group 1 Automotive (GPI) 2022 Earnings Call Presentation