PAG
$200.34-0.71%
as of close, Sep 30, 2026
☾ AH $200.34 -0.71%
Penske Automotive Group Inc.Stock · Consumer DiscretionaryRussell 3000 0.005%Russell 1000 0.005%US Stock Market 0.004%
PAG financial statements
The full income statement, balance sheet, and cash-flow statement for Penske Automotive Group Inc. (PAG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 66.8M2024-09 66.8M2024-12 66.7M2025-03 66.2M2025-06 66.0M2025-09 65.9M2025-12 65.8M2026-03 65.7M2026-06 65.7M-1.7% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 31.8B-0.2% | 31.9B+3.1% | 30.9B+11.2% | 27.8B+8.8% | 25.6B+25.0% | |
| 5.22B-0.0% | 5.22B+1.4% | 5.15B+6.4% | 4.84B+9.0% | 4.44B+39.5% | ||
| Cost of revenue | 26.6B-0.2% | 26.6B+3.4% | 25.8B+12.2% | 23.0B+8.8% | 21.1B+22.3% | |
| Selling, general & administrative | 3.76B+2.1% | 3.69B+3.7% | 3.55B+10.2% | 3.22B+8.8% | 2.96B+25.3% | |
| Operating income | 1.28B-6.5% | 1.37B-2.8% | 1.41B-5.3% | 1.49B+9.7% | 1.36B+92.5% | |
| Equity-method income | 193M-3.9% | 201M-31.7% | 294M-40.6% | 494M+32.0% | 375M+121.6% | |
| Pre-tax income | 1.26B-2.0% | 1.29B-12.6% | 1.48B-20.7% | 1.86B+15.6% | 1.61B+127.2% | |
| Income tax | 326M+2.9% | 317M-12.3% | 361M-23.7% | 473M+13.6% | 416M+155.9% | |
| 935M-3.5% | 969M-12.6% | 1.11B-19.7% | 1.38B+16.2% | 1.19B+118.5% | ||
| Income from continuing operations | — | — | 1.05B-23.7% | 1.38B+16.3% | 1.19B+118.4% | |
| Net income to non-controlling interest | 2.50M-44.4% | 4.50M-16.7% | 5.40M-12.9% | 6.20M+26.5% | 4.90M+188.2% | |
| $14.13-2.5% | $14.49-11.2% | $16.31-12.1% | $18.55+24.6% | $14.89+120.9% | ||
| EPS (basic) | $14.13-2.5% | $14.49-11.2% | $16.31-12.1% | $18.55+24.6% | $14.89+120.9% | |
| Weighted-avg shares (basic) | 66.2M-1.0% | 66.9M-1.6% | 68.0M-8.6% | 74.4M-6.7% | 79.7M-1.1% | |
| Weighted-avg shares (diluted) | 66.2M-1.0% | 66.9M-1.6% | 68.0M-8.6% | 74.4M-6.7% | 79.7M-1.1% | |
| Dividends per share | $5.18+26.7% | $4.09+47.1% | $2.78+34.3% | $2.07+16.3% | $1.78+111.9% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 6.19B+2.4% | 6.05B+6.5% | 5.68B+21.8% | 4.66B+14.4% | 4.08B-7.6% | ||
| Cash & equivalents | 64.7M-22.6% | 83.6M-13.3% | 96.4M-9.5% | 107M+5.8% | 101M+103.4% | |
| Accounts receivable | 1.07B+3.2% | 1.04B-6.9% | 1.11B+22.9% | 907M+23.5% | 734M-9.0% | |
| Inventory | 4.81B+2.2% | 4.71B+9.7% | 4.29B+22.3% | 3.51B+12.1% | 3.13B-8.7% | |
| Other current assets | 243M+13.1% | 215M+22.3% | 176M+23.7% | 142M+27.0% | 112M-11.9% | |
| 17.6B+2.8% | 17.1B+9.2% | 15.7B+11.0% | 14.1B+4.8% | 13.5B+1.6% | ||
| Property, plant & equipment | 3.22B+6.1% | 3.04B+9.9% | 2.77B+10.8% | 2.50B+2.2% | 2.44B+1.6% | |
| Operating lease right-of-use | 2.54B-1.5% | 2.58B+7.4% | 2.41B-0.4% | 2.42B-1.4% | 2.45B+1.4% | |
| Goodwill | 2.44B+2.5% | 2.38B+6.1% | 2.24B+4.0% | 2.15B+1.4% | 2.12B+10.1% | |
| Other non-current assets | 113M+2.6% | 110M+74.6% | 63.1M+14.1% | 55.3M+32.0% | 41.9M+65.0% | |
| 6.28B-4.6% | 6.58B+16.3% | 5.66B+20.0% | 4.71B+10.3% | 4.27B-8.6% | ||
| Accounts payable | 900M+4.7% | 859M-0.9% | 867M+1.6% | 854M+11.3% | 767M+13.6% | |
| Accrued liabilities | 930M+1.4% | 917M+13.3% | 810M+2.8% | 788M-9.4% | 870M+13.4% | |
| Deferred revenue | 299M+11.3% | 269M-4.0% | 280M-3.9% | 292M-1.8% | 297M+13.0% | |
| Short-term & current debt | 355M-50.8% | 721M+243.9% | 210M+178.9% | 75.2M-8.3% | 82.0M-6.3% | |
| Current lease liability | 102M+8.7% | 93.4M+6.3% | 87.9M-7.4% | 94.9M-4.9% | 99.8M+6.2% | |
| 12.0B+2.7% | 11.7B+7.2% | 10.9B+9.8% | 9.94B+6.1% | 9.37B-5.6% | ||
| Long-term debt | 1.81B+60.1% | 1.13B-20.3% | 1.42B-8.2% | 1.55B+11.1% | 1.39B-13.1% | |
| Non-current lease liability | 2.46B-1.7% | 2.50B+7.2% | 2.34B+0.0% | 2.34B-1.6% | 2.37B+1.0% | |
| Operating lease liability (total) | 2.56B+3.1% | 2.49B+2.6% | 2.42B-0.3% | 2.43B-1.7% | 2.47B+1.2% | |
| Deferred tax liabilities | 1.20B-2.5% | 1.23B-0.1% | 1.23B+9.9% | 1.12B+5.7% | 1.06B+21.5% | |
| Other non-current liabilities | 265M+3.8% | 256M-5.6% | 271M+21.4% | 223M-17.1% | 269M-36.1% | |
| 5.56B+3.0% | 5.40B+14.3% | 4.73B+13.9% | 4.15B+1.9% | 4.07B+23.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 0.00-100.0% | 9.10M | 0.00 | 0.00-100.0% | 42.2M-86.5% | |
| Retained earnings | 5.75B-0.1% | 5.76B+15.4% | 4.99B+11.3% | 4.48B+6.8% | 4.20B+33.2% | |
| Accumulated other comprehensive income | -188M+48.5% | -365M-38.0% | -264M+21.2% | -335M-98.6% | -169M-5.1% | |
| Non-controlling interest | 18.5M+5.7% | 17.5M-40.5% | 29.4M+9.7% | 26.8M+7.2% | 25.0M+5.9% | |
| Total equity incl. non-controlling | 5.58B+3.0% | 5.42B+9.8% | 4.93B+13.4% | 4.35B+6.3% | 4.09B+23.1% | |
| Total liabilities & equity | 17.6B+2.8% | 17.1B+9.2% | 15.7B+11.0% | 14.1B+4.8% | 13.5B+1.6% | |
| Common shares issued | 65.8M-1.5% | 66.8M-0.5% | 67.1M-3.7% | 69.7M-10.2% | 77.6M-3.5% | |
| Common shares outstanding | 65.8M-1.5% | 66.8M-0.5% | 67.1M-3.7% | 69.7M-10.2% | 77.6M-3.5% | |
| Shares outstanding (cover) | 65.8M-1.5% | 66.7M-0.4% | 67.0M-3.0% | 69.1M-10.7% | 77.3M-3.8% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 975M-20.8% | 1.23B+7.5% | 1.15B-21.5% | 1.46B+12.9% | 1.29B+7.5% | ||
| Depreciation & amortization | 172M+6.8% | 161M+12.2% | 144M+12.9% | 127M+4.8% | 122M+5.2% | |
| Share-based compensation | 30.2M+2.7% | 29.4M+4.6% | 28.1M+5.2% | 26.7M | — | |
| Deferred income taxes | 66.2M+609.2% | -13.0M-112.8% | 102M-18.0% | 124M-32.8% | 185M-4.9% | |
| -175M+83.3% | -1.05B-79.4% | -583M+9.1% | -642M-3.0% | -623M-356.5% | ||
| Capital expenditure | 325M-14.1% | 378M-2.1% | 386M+36.6% | 283M+13.5% | 249M+33.9% | |
| Free cash flow | 651M-23.7% | 853M+12.3% | 759M-35.5% | 1.18B+12.8% | 1.04B+2.7% | |
| Acquisitions | 21.5M-97.3% | 786M+265.8% | 215M-45.4% | 393M-8.9% | 432M | |
| Proceeds from sale of PP&E | 27.5M+5.0% | 26.2M-14.7% | 30.7M-5.0% | 32.3M-41.2% | 54.9M+177.3% | |
| Other investing activities | -7.70M-170.6% | 10.9M-14.8% | 12.8M+14.3% | 11.2M+600.0% | 1.60M-85.5% | |
| -826M-309.5% | -202M+64.8% | -572M+28.3% | -798M-29.7% | -616M+41.6% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 159M+171.0% | 58.7M-83.6% | 359M-58.7% | 869M+209.8% | 281M+854.4% | |
| Dividends paid | 344M+25.3% | 274M+45.1% | 189M+22.7% | 154M+8.1% | 143M+109.3% | |
| Other financing activities | 0.00+100.0% | -11.7M-11800.0% | 100K+200.0% | -100K-200.0% | 100K+102.0% | |
| FX effect on cash | 6.50M+409.5% | -2.10M-600.0% | -300K+97.8% | -13.5M-285.7% | -3.50M-135.0% | |
| Net change in cash | -18.9M+0.5% | -19.0M-81.0% | -10.5M-281.0% | 5.80M-88.7% | 51.2M+139.3% | |
| Interest paid | 274M-0.3% | 275M+27.2% | 216M+91.7% | 113M+18.4% | 95.3M-43.4% | |
| Income taxes paid | 272M-14.5% | 317M+10.2% | 288M-16.1% | 343M+114.5% | 160M+794.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 10.4B+2.3% | 10.2B-5.7% | 10.8B+31.6% | 8.19B-1.2% | 8.29B+73.7% | |
| P/E | 11.1×+6.0% | 10.5×+13.0% | 9.3×+58.1% | 5.9×-15.7% | 7.0×-20.5% | |
| P/S | 0.3×+2.5% | 0.3×-13.4% | 0.4×+21.9% | 0.3×-6.8% | 0.3×+38.9% | |
| P/B | 1.9×-0.7% | 1.9×-21.0% | 2.4×+18.3% | 2.0×-1.0% | 2.0×+40.9% | |
| P/FCF | 16.0×+34.1% | 11.9×+1.1% | 11.8×+27.1% | 9.3×+16.8% | 7.9×+69.1% | |
| Earnings yield | 9.0%-5.6% | 9.5%-11.5% | 10.8%-36.7% | 17.0%+18.7% | 14.3%+25.8% | |
| FCF yield | 6.2%-25.4% | 8.4%-1.1% | 8.5%-21.3% | 10.8%-14.4% | 12.6%-40.9% | |
| Dividend yield | 3.3%+22.0% | 2.7%+54.9% | 1.7%-3.8% | 1.8%+8.5% | 1.7%+17.4% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PAG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PAG filings on SEC EDGAR → Not investment advice.