Penske Automotive Group (PAG) Financial Statements

Price: $157.3
Market Cap: $10.50B
Avg Volume: 261.51K
Country: US
Industry: Auto - Dealerships
Sector: Consumer Cyclical
Beta: 1.029
52W Range: $134.05-180.12
Website: Penske Automotive Group

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Penske Automotive Group.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$32.00B$32.00B$24.00B$24.00B$16.00B$16.00B$8.00B$8.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$4.50B$4.50B$3.60B$3.60B$2.70B$2.70B$1.80B$1.80B$900.00M$900.00M$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Revenue $30.46B $29.53B $27.81B $25.55B $20.44B $23.18B $22.79B $21.39B $20.12B $19.28B
Cost of Revenue $25.44B $24.59B $22.98B $21.11B $17.26B $19.72B $19.37B $18.16B $17.15B $16.42B
Gross Profit $5.01B $4.93B $4.84B $4.44B $3.18B $3.46B $3.41B $3.22B $2.97B $2.87B
Gross Profit Ratio 16.46% 16.71% 17.40% 17.38% 15.58% 14.91% 14.99% 15.07% 14.75% 14.87%
Research and Development Expenses $- $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $3.40B $3.26B $3.10B $2.84B $2.28B $2.58B $2.53B $2.40B $2.20B $2.12B
Selling and Marketing Expenses $134.40M $135.90M $122.00M $119.20M $81.10M $112.60M $115.30M $115.80M $102.50M $101.00M
Selling General and Administrative Expenses $3.54B $3.40B $3.22B $2.96B $2.36B $2.69B $2.65B $2.52B $2.30B $2.22B
Other Expenses $158.00M $181.70M $127.30M $121.50M $115.50M $109.60M $103.70M $95.10M $89.70M $78.00M
Operating Expenses $3.70B $3.58B $3.35B $3.08B $2.48B $2.80B $2.75B $2.61B $2.39B $2.30B
Cost and Expenses $29.14B $28.18B $26.33B $24.20B $19.74B $22.53B $22.12B $20.78B $19.54B $18.72B
Interest Income $- $- $- $- $- $- $- $- $- $-
Interest Expense $277.60M $225.70M $122.80M $94.80M $157.30M $208.70M $195.60M $170.80M $136.30M $113.90M
Depreciation and Amortization $158.00M $141.00M $127.30M $121.50M $115.50M $109.60M $103.70M $95.10M $89.70M $78.00M
EBITDA $1.68B $1.65B $2.06B $1.80B $942.70M $909.80M $903.40M $814.10M $734.10M $644.50M
EBITDA Ratio 5.50% 5.60% 7.39% 7.04% 4.61% 3.93% 3.96% 3.81% 3.65% 3.34%
Operating Income $1.32B $1.35B $1.49B $1.36B $704.50M $652.70M $664.90M $611.40M $574.90M $566.50M
Operating Income Ratio 4.32% 4.58% 5.35% 5.31% 3.45% 2.82% 2.92% 2.86% 2.86% 2.94%
Total Other Income Expenses Net $-76.90M $68.00M $371.40M $251.30M $3.10M $-61.20M $-60.80M $-63.20M $-66.80M $-74.60M
Income Before Tax $1.24B $1.42B $1.86B $1.61B $707.60M $591.50M $604.10M $548.20M $508.10M $491.90M
Income Before Tax Ratio 4.07% 4.81% 6.68% 6.29% 3.46% 2.55% 2.65% 2.56% 2.53% 2.55%
Income Tax Expense $321.00M $360.90M $473.00M $416.30M $162.70M $156.70M $134.30M $-64.80M $160.70M $158.00M
Net Income $918.90M $1.05B $1.38B $1.19B $543.60M $435.80M $471.00M $613.30M $342.90M $326.10M
Net Income Ratio 3.02% 3.57% 4.96% 4.65% 2.66% 1.88% 2.07% 2.87% 1.70% 1.69%
EPS $13.76 $15.50 $18.55 $14.89 $6.74 $5.28 $5.53 $7.14 $3.99 $3.63
EPS Diluted $13.74 $15.50 $18.55 $14.89 $6.74 $5.28 $5.53 $7.14 $3.99 $3.63
Weighted Average Shares Outstanding 66.77M 67.96M 74.39M 79.70M 80.59M 82.50M 85.33M 85.88M 85.75M 88.86M
Weighted Average Shares Outstanding Diluted 66.88M 67.96M 74.39M 79.75M 80.59M 82.50M 85.20M 85.88M 86.00M 89.76M
SEC Filing Source Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$20.00B$20.00B$16.00B$16.00B$12.00B$12.00B$8.00B$8.00B$4.00B$4.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Equity$6.00B$6.00B$5.00B$5.00B$4.00B$4.00B$3.00B$3.00B$2.00B$2.00B$1.00B$1.00B$0.00$0.0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Cash and Cash Equivalents $72.40M $96.40M $106.50M $100.70M $49.50M $28.10M $39.40M $45.70M $24.00M $62.40M
Short Term Investments $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $72.40M $96.40M $106.50M $100.70M $49.50M $28.10M $39.40M $45.70M $24.00M $62.40M
Net Receivables $1.00B $1.11B $906.70M $734.00M $806.90M $960.30M $929.10M $954.90M $879.00M $782.30M
Inventory $4.64B $4.29B $3.51B $3.13B $3.43B $4.26B $4.04B $3.94B $3.41B $3.46B
Other Current Assets $213.10M $175.60M $141.90M $111.70M $126.80M $85.00M $86.60M $81.80M $82.30M $98.30M
Total Current Assets $5.93B $5.68B $4.66B $4.08B $4.41B $5.33B $5.10B $5.03B $4.39B $4.41B
Property Plant Equipment Net $5.47B $5.17B $4.91B $4.89B $4.82B $4.73B $2.25B $2.11B $1.81B $1.52B
Goodwill $2.37B $2.23B $2.15B $2.12B $1.93B $1.91B $1.75B $1.66B $1.29B $1.32B
Intangible Assets $1.01B $748.20M $690.90M $641.50M $563.40M $552.20M $486.20M $474.00M $420.10M $408.00M
Goodwill and Intangible Assets $3.38B $2.98B $2.85B $2.77B $2.49B $2.46B $2.24B $2.13B $1.71B $1.73B
Long Term Investments $1.83B $1.77B $1.64B $1.69B $1.50B $1.40B $1.31B $1.26B $893.40M $336.40M
Tax Assets $- $- $- $- $- $- $- $- $- $-
Other Non-Current Assets $109.80M $63.10M $55.30M $41.90M $25.40M $19.50M $15.90M $14.40M $28.30M $19.20M
Total Non-Current Assets $10.79B $9.99B $9.45B $9.39B $8.84B $8.61B $5.81B $5.51B $4.44B $3.61B
Other Assets $- $- $- $- $- $- $- $- $- $-
Total Assets $16.72B $15.67B $14.11B $13.46B $13.25B $13.94B $10.90B $10.54B $8.83B $8.01B
Account Payables $851.70M $866.90M $853.50M $767.10M $675.40M $638.80M $598.20M $641.60M $497.40M $493.80M
Short Term Debt $721.20M $3.98B $3.07B $2.64B $3.23B $4.11B $3.88B $3.83B $3.37B $3.41B
Tax Payables $- $- $- $- $- $- $- $- $- $-
Deferred Revenue $- $- $- $- $- $- $- $- $- $-
Other Current Liabilities $4.91B $809.80M $788.10M $870.80M $767.70M $702.40M $567.30M $524.20M $366.10M $384.30M
Total Current Liabilities $6.49B $5.66B $4.71B $4.27B $4.67B $5.45B $5.05B $5.00B $4.23B $4.29B
Long Term Debt $3.52B $3.76B $3.88B $3.77B $3.95B $4.56B $2.12B $2.09B $1.83B $1.25B
Deferred Revenue Non-Current $- $- $- $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $1.23B $1.23B $1.12B $1.06B $873.10M $677.90M $577.80M $481.50M $564.60M $433.40M
Other Non-Current Liabilities $253.30M $270.80M $223.10M $269.00M $420.70M $444.00M $519.00M $540.30M $458.60M $212.40M
Total Non-Current Liabilities $5.01B $5.26B $5.23B $5.09B $5.25B $5.68B $3.22B $3.11B $2.85B $1.89B
Other Liabilities $- $- $- $- $- $- $- $- $- $-
Total Liabilities $11.49B $10.92B $9.94B $9.37B $9.92B $11.13B $8.27B $8.11B $7.08B $6.18B
Preferred Stock $- $- $- $- $- $- $- $- $- $-
Common Stock $- $- $- $- $- $- $- $- $- $-
Retained Earnings $5.57B $4.99B $4.48B $4.20B $3.15B $2.68B $2.37B $2.01B $1.50B $1.26B
Accumulated Other Comprehensive Income Loss $-364.50M $-264.10M $-335.30M $-168.80M $-160.60M $-202.80M $-234.50M $-146.50M $-250.70M $-122.50M
Other Total Stockholders Equity $9.10M $- $- $42.20M $311.80M $320.40M $477.80M $532.30M $497.10M $656.00M
Total Stockholders Equity $5.21B $4.73B $4.15B $4.07B $3.30B $2.79B $2.61B $2.40B $1.75B $1.79B
Total Equity $5.23B $4.76B $4.17B $4.09B $3.33B $2.81B $2.63B $2.43B $1.78B $1.83B
Total Liabilities and Stockholders Equity $16.72B $15.67B $14.11B $13.46B $13.25B $13.94B $10.90B $10.54B $8.86B $8.01B
Minority Interest $17.50M $29.40M $26.80M $25.00M $23.60M $18.20M $25.60M $32.80M $28.60M $44.70M
Total Liabilities and Total Equity $16.72B $15.67B $14.11B $13.46B $13.25B $13.94B $10.90B $10.54B $8.86B $8.01B
Total Investments $1.83B $1.77B $1.64B $1.69B $1.50B $1.40B $1.31B $1.26B $893.40M $336.40M
Total Debt $4.24B $7.74B $6.95B $6.40B $7.18B $8.67B $6.01B $5.92B $5.19B $4.65B
Net Debt $4.17B $7.64B $6.85B $6.30B $7.13B $8.64B $5.97B $5.88B $5.17B $4.59B

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.00-$600.00M-$600.00M-$1.20B-$1.20B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$800.00M$800.00M$400.00M$400.00M$0.00$0.00-$400.00M-$400.00M-$800.00M-$800.00M-$1.20B-$1.20B20162016201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016 December 31, 2015
Net Income $923.40M $1.05B $1.39B $1.19B $545.30M $435.10M $470.30M $612.80M $346.40M $330.40M
Depreciation and Amortization $158.00M $141.00M $127.30M $121.50M $115.50M $109.60M $103.70M $95.10M $89.70M $78.00M
Deferred Income Tax $-13.00M $101.80M $124.20M $184.80M $194.30M $92.00M $105.90M $-108.70M $162.20M $44.60M
Stock Based Compensation $29.40M $- $26.70M $- $- $- $- $- $- $-
Change in Working Capital $- $-102.00M $-22.10M $- $453.20M $-23.50M $23.80M $- $-183.80M $-37.00M
Accounts Receivables $125.40M $-194.70M $-192.90M $75.60M $152.70M $-30.90M $30.40M $-73.10M $-92.50M $-23.50M
Inventory $-196.70M $-666.20M $-444.40M $402.60M $805.40M $-117.80M $-12.60M $-419.90M $130.40M $-428.40M
Accounts Payables $42.90M $-13.00M $81.70M $139.00M $125.00M $71.40M $-17.10M $272.00M $-17.80M $66.00M
Other Working Capital $- $771.90M $533.50M $-616.40M $-629.90M $53.80M $23.10M $313.50M $-203.90M $348.90M
Other Non Cash Items $82.00M $-100.40M $-183.30M $-205.70M $-106.50M $-94.60M $-89.00M $24.30M $-41.60M $-23.70M
Net Cash Provided by Operating Activities $1.18B $1.09B $1.46B $1.29B $1.20B $518.60M $614.70M $623.50M $372.90M $392.30M
Investments in Property Plant and Equipment $-368.70M $-375.30M $-282.50M $-248.90M $-185.90M $-245.30M $-305.60M $-247.00M $-203.10M $-199.50M
Acquisitions Net $- $-214.90M $-393.40M $-431.80M $- $-326.90M $-309.10M $-449.70M $-140.80M $-156.90M
Purchases of Investments $- $- $- $- $- $- $- $-239.10M $-498.50M $-
Sales Maturities of Investments $- $- $- $- $- $- $- $- $- $-
Other Investing Activities $-668.30M $17.90M $34.20M $57.60M $49.40M $39.50M $89.50M $9.50M $7.40M $134.30M
Net Cash Used for Investing Activities $-1.04B $-572.30M $-641.70M $-623.10M $-136.50M $-532.70M $-525.20M $-926.30M $-835.00M $-222.10M
Debt Repayment $216.60M $-4.30M $243.00M $-212.20M $-681.40M $192.50M $93.50M $417.30M $681.00M $92.10M
Common Stock Issued $- $- $- $- $- $- $- $- $- $-
Common Stock Repurchased $-58.70M $-358.70M $-869.30M $-280.60M $-29.40M $-169.20M $-68.90M $-18.50M $-173.60M $-48.90M
Dividends Paid $-274.40M $-189.10M $-154.10M $-142.50M $-68.10M $-130.80M $-121.20M $-108.40M $-95.10M $-84.80M
Other Financing Activities $-48.20M $21.00M $-17.60M $19.80M $-275.00M $110.10M $2.30M $32.00M $20.50M $-94.80M
Net Cash Used Provided by Financing Activities $-164.70M $-531.10M $-798.00M $-615.50M $-1.05B $2.60M $-94.30M $322.40M $432.80M $-136.40M
Effect of Forex Changes on Cash $-2.10M $-300.00K $-13.50M $-3.50M $10.00M $200.00K $-1.50M $2.10M $-9.10M $-1.40M
Net Change in Cash $-24.00M $-10.10M $5.80M $51.20M $21.40M $-11.30M $-6.30M $21.70M $-38.40M $26.10M
Cash at End of Period $72.40M $96.40M $106.50M $100.70M $49.50M $28.10M $39.40M $45.70M $24.00M $62.40M
Cash at Beginning of Period $96.40M $106.50M $100.70M $49.50M $28.10M $39.40M $45.70M $24.00M $62.40M $36.30M
Operating Cash Flow $1.18B $1.09B $1.46B $1.29B $1.20B $518.60M $614.70M $623.50M $372.90M $391.50M
Capital Expenditure $-368.70M $-375.30M $-282.50M $-248.90M $-185.90M $-245.30M $-305.60M $-247.00M $-203.10M $-199.50M
Free Cash Flow $811.10M $718.30M $1.18B $1.04B $1.02B $273.30M $309.10M $376.50M $164.00M $186.50M