PAG · Penske Automotive Group, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.86B | - | $7.70B | $7.66B | $7.60B | - | $7.59B | $7.70B | $7.45B | - |
| Cost of Revenue | $6.56B | - | $6.45B | $6.37B | $6.34B | - | $6.35B | $6.43B | $6.20B | - |
| Gross Profit | $1.30B | - | $1.25B | $1.30B | $1.27B | - | $1.24B | $1.26B | $1.25B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $965.60M | - | $907.50M | $906.30M | $913.60M | - | $885.20M | $887.50M | $879.80M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $44.80M | - | $42.90M | $42.10M | $39.90M | - | $40.60M | $38.60M | $37.80M | - |
| Operating Income | $289.00M | - | $298.70M | $348.20M | $315.50M | - | $317.40M | $338.00M | $327.60M | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $88.80M | - | $78.70M | $86.00M | $92.10M | - | $77.40M | $82.60M | $78.60M | - |
| Net Income | $234.50M | - | $213.00M | $250.00M | $244.30M | - | $226.10M | $241.20M | $215.20M | - |
| EPS - Basic | $3.56 | - | $3.23 | $3.78 | $3.66 | - | $3.39 | $3.61 | $3.21 | - |
| EPS - Diluted | $3.56 | - | $3.23 | $3.78 | $3.66 | - | $3.39 | $3.61 | $3.21 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $83.70M | $64.70M | $80.30M | $155.30M | $118.40M | $72.40M | $91.90M | $115.10M | $116.90M | $96.40M |
| Accounts Receivable | $1.08B | $1.07B | $993.30M | $1.04B | $1.20B | $1.00B | $1.02B | $1.04B | $1.06B | $1.11B |
| Inventory | $4.89B | $4.81B | $4.71B | $4.85B | $4.50B | $4.64B | $4.82B | $4.71B | $4.42B | $4.29B |
| Accounts Payable | $937.00M | $899.80M | $960.50M | $882.50M | $976.10M | $851.70M | $926.70M | $943.40M | $962.90M | $866.90M |
| Current Assets | $6.32B | $6.19B | $6.01B | $6.29B | $6.05B | $5.93B | $6.18B | $6.08B | $5.81B | $5.68B |
| Total Assets | $18.32B | $17.60B | $17.12B | $17.39B | $16.93B | $16.72B | $17.07B | $16.63B | $16.15B | $15.67B |
| Current Liabilities | $6.55B | $6.28B | $6.20B | $6.99B | $6.70B | $6.49B | $6.75B | $6.17B | $5.91B | $5.66B |
| Long-term Debt | $2.21B | $1.81B | $1.27B | $906.70M | $993.00M | $1.13B | $1.13B | $1.59B | $1.46B | $1.42B |
| Total Liabilities | $12.64B | $12.02B | $11.39B | $11.76B | $11.52B | $11.49B | $11.83B | $11.65B | $11.30B | $10.92B |
| Stockholders' Equity | $5.66B | $5.56B | $5.71B | $5.61B | $5.39B | $5.21B | $5.20B | $4.95B | $4.82B | $4.73B |
| Retained Earnings | $5.87B | $5.75B | $5.91B | $5.79B | $5.70B | $5.57B | $5.41B | $5.25B | $5.11B | $4.99B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $215.00M | - | - | - | $282.70M | - | - | - | $456.00M | - |
| Investing Cash Flow | ($634.40M) | - | - | - | $3.50M | - | - | - | ($352.40M) | - |
| Financing Cash Flow | $438.60M | - | - | - | ($241.70M) | - | - | - | ($82.10M) | - |
| CapEx | $62.60M | - | $80.90M | $99.20M | $76.60M | - | - | - | $102.50M | - |
| Free Cash Flow | $152.40M | - | - | - | $206.10M | - | - | - | $353.50M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 16.5% | - | 16.2% | 16.9% | 16.7% | - | 16.4% | 16.4% | 16.7% | - |
| Operating margin | 3.7% | - | 3.9% | 4.5% | 4.1% | - | 4.2% | 4.4% | 4.4% | - |
| EBITDA margin | 4.2% | - | 4.4% | 5.1% | 4.7% | - | 4.7% | 4.9% | 4.9% | - |
| Net margin | 3.0% | - | 2.8% | 3.3% | 3.2% | - | 3.0% | 3.1% | 2.9% | - |
| Free cash flow margin | 1.9% | - | - | - | 2.7% | - | - | - | 4.7% | - |
| FCF / Net income | 0.65 | - | - | - | 0.84 | - | - | - | 1.64 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 12.3% | - | 11.8% | 11.8% | 12.0% | - | 11.7% | 11.5% | 11.8% | - |
| Effective tax rate | 27.5% | - | 27.0% | 25.6% | 27.4% | - | 25.5% | 25.5% | 26.8% | - |
| Return on assets | 1.3% | - | 1.2% | 1.4% | 1.4% | - | 1.3% | 1.5% | 1.3% | - |
| Return on equity | 4.1% | - | 3.7% | 4.5% | 4.5% | - | 4.3% | 4.9% | 4.5% | - |
| Return on invested capital | 2.7% | - | 3.1% | 4.0% | 3.6% | - | 3.7% | 3.8% | 3.8% | - |
| Liquidity | ||||||||||
| Current ratio | 0.96 | 0.99 | 0.97 | 0.90 | 0.90 | 0.91 | 0.91 | 0.98 | 0.98 | 1.00 |
| Quick ratio | 0.22 | 0.22 | 0.21 | 0.21 | 0.23 | 0.20 | 0.20 | 0.22 | 0.23 | 0.25 |
| Cash ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| Leverage | ||||||||||
| Debt / Equity | 0.39 | 0.33 | 0.22 | 0.16 | 0.18 | 0.22 | 0.22 | 0.32 | 0.30 | 0.30 |
| Debt / Assets | 0.12 | 0.10 | 0.07 | 0.05 | 0.06 | 0.07 | 0.07 | 0.10 | 0.09 | 0.09 |
| Debt / EBITDA | 6.63 | - | 3.70 | 2.32 | 2.79 | - | 3.16 | 4.23 | 4.00 | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 3.23 | 3.16 | 3.00 | 3.10 | 3.14 | 3.21 | 3.28 | 3.36 | 3.35 | 3.32 |
| Liabilities / Assets | 0.69 | 0.68 | 0.67 | 0.68 | 0.68 | 0.69 | 0.69 | 0.70 | 0.70 | 0.70 |
| Efficiency | ||||||||||
| Asset turnover | 0.43 | - | 0.45 | 0.44 | 0.45 | - | 0.44 | 0.46 | 0.46 | - |
| Inventory turnover | 1.34 | - | 1.37 | 1.31 | 1.41 | - | 1.32 | 1.37 | 1.40 | - |
| Days sales outstanding | 50d | - | 47d | 50d | 58d | - | 49d | 49d | 52d | - |
| Days inventory outstanding | 272d | - | 266d | 278d | 259d | - | 277d | 267d | 260d | - |
| Days payable outstanding | 52d | - | 54d | 51d | 56d | - | 53d | 54d | 57d | - |
| Cash conversion cycle | 270d | - | 259d | 277d | 261d | - | 273d | 263d | 256d | - |
| Valuation | ||||||||||
| P / E | 42.0x | - | 53.8x | 45.5x | 39.3x | - | 47.9x | 41.3x | 50.5x | - |
| P / B | 1.7x | - | 2.0x | 2.0x | 1.8x | - | 2.1x | 2.0x | 2.3x | - |
| P / S | 1.3x | - | 1.5x | 1.5x | 1.3x | - | 1.4x | 1.3x | 1.5x | - |
| EV / EBITDA | 35.9x | - | 37.1x | 31.1x | 29.5x | - | 33.2x | 30.4x | 33.4x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 3.4% | - | 1.4% | -0.4% | 2.1% | - | 1.9% | 3.1% | 1.5% | - |
| Revenue CAGR (3y) | 2.3% | - | 3.6% | 3.5% | 2.9% | - | 5.3% | 3.3% | 8.9% | - |
| Revenue CAGR (5y) | 6.4% | - | 5.2% | 16.0% | 8.7% | - | 4.9% | 6.0% | 6.0% | - |
| Gross profit growth (YoY) | 2.4% | - | 0.5% | 2.6% | 1.9% | - | 1.9% | -0.7% | -0.6% | - |
| Operating income growth (YoY) | -8.4% | - | -5.9% | 3.0% | -3.7% | - | -4.3% | -11.2% | -12.3% | - |
| Net income growth (YoY) | -4.0% | - | -5.8% | 3.6% | 13.5% | - | -14.2% | -19.8% | -27.9% | - |
| EPS growth (YoY) | -2.7% | - | -4.7% | 4.7% | 14.0% | - | -13.5% | -18.1% | -25.5% | - |
| EPS CAGR (3y) | -6.2% | - | -11.2% | -8.5% | -8.4% | - | -8.8% | -4.9% | 12.4% | - |
| EPS CAGR (5y) | 9.5% | - | 1.0% | 46.5% | 41.7% | - | 19.0% | 20.5% | 22.0% | - |
| FCF growth (YoY) | -26.1% | - | - | - | -41.7% | - | - | - | 27.1% | - |
| FCF CAGR (5y) | -5.0% | - | - | - | 2.1% | - | - | - | 65.7% | - |
| Book value growth (YoY) | 5.0% | 6.8% | 9.7% | 13.3% | 12.0% | 10.2% | 15.0% | 13.1% | 11.4% | 13.9% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$32.73B totalRetail Automotive Dealership Segment$27.47B · 83.9%
Retail Commercial Truck Dealership Segment$3.41B · 10.4%
Commercial Vehicle Distribution And Other$922.60M · 2.8%
All Other Segments$922.60M · 2.8%
Product / service
$27.50B totalNew Vehicle$12.86B · 46.8%
Used Vehicle$8.94B · 32.5%
Service And Parts$3.38B · 12.3%
Fleet And Wholesale$1.48B · 5.4%
Finance And Insurance Net$816.50M · 3.0%
Other Product$22.60M · 0.1%
Geographic
$31.37B totalUS$16.64B · 53.1%
GB$8.33B · 26.6%
Non USAnd Non UK$3.90B · 12.4%
Germany Italy Japan And Australia$2.50B · 8.0%
Peer comparison
Same SIC group: Retail-Auto Dealers & Gasoline Stations
Comparing PENSKE AUTOMOTIVE GROUP against the 5 most active filers in the same SIC group.
Dividends
$5.52/share trailing 12 months · +16.5% YoY
| Ex-date | Per share |
|---|---|
| May 26, 2026 | $1.4200 |
| Feb 25, 2026 | $1.4000 |
| Nov 14, 2025 | $1.3800 |
| Aug 15, 2025 | $1.3200 |
| May 27, 2025 | $1.2600 |
| Feb 24, 2025 | $1.2200 |
| Nov 15, 2024 | $1.1900 |
| Aug 15, 2024 | $1.0700 |
| May 17, 2024 | $0.9600 |
| Feb 14, 2024 | $0.8700 |
| Nov 9, 2023 | $0.7900 |
| Aug 9, 2023 | $0.7200 |
| May 19, 2023 | $0.6600 |
| Feb 9, 2023 | $0.6100 |
| Nov 9, 2022 | $0.5700 |
| Aug 9, 2022 | $0.5300 |
| May 20, 2022 | $0.5000 |
| Feb 9, 2022 | $0.4700 |
| Nov 9, 2021 | $0.4600 |
| Aug 9, 2021 | $0.4500 |
| May 21, 2021 | $0.4400 |
| Feb 9, 2021 | $0.4300 |
| Nov 9, 2020 | $0.4200 |
| Feb 21, 2020 | $0.4200 |