Penske Automotive Group, Inc. (PAG) Financial Statements
Industry: Auto Dealers & Gasoline Stations (Retail)
In fiscal 2025, Penske Automotive reported revenue of $31.81B, up 4.4% from $30.46B the year before. Net income was $935.4M (a 2.9% net margin), or $14.13 per diluted share. Gross margin was 16.4% and operating margin was 4.0%. Operating activities generated $975.1M of cash, leaving $650.5M of free cash flow. At fiscal year end, Penske Automotive held $17.60B in total assets against $12.02B in total liabilities, including $64.7M of cash and equivalents.
Open the full interactive Penske Automotive financials → Quarterly statements, key ratios, valuation history and price charts.
Penske Automotive Key Stats
| Share Price | $195.67 |
|---|---|
| Market Cap | $12.86B |
| P/E Ratio | 13.8 |
| Revenue YoY Growth | +4.4% |
| 52-Week Range | $138.47 – $221.97 |
| Shares Outstanding | 65.7 million (basic, 2026 Q2) |
Penske Automotive Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $20.44B | $25.55B | $27.81B | $29.53B | $30.46B | $31.81B |
| Cost of Goods Sold | $17.26B | $21.11B | $22.98B | $24.59B | $25.44B | $26.59B |
| Gross Profit | $3.18B | $4.44B | $4.84B | $4.93B | $5.01B | $5.22B |
| Operating Income | $704.5M | $1.36B | $1.49B | $1.35B | $1.32B | $1.28B |
| Pre-Tax Income | $707.6M | $1.61B | $1.86B | $1.42B | $1.24B | $1.26B |
| Income Tax | $162.7M | $416.3M | $473.0M | $360.9M | $316.5M | $325.8M |
| Net Income | $543.6M | $1.19B | $1.38B | $1.05B | $918.9M | $935.4M |
| Diluted EPS | $6.74 | $14.89 | $18.55 | $15.50 | $13.74 | $14.13 |
Penske Automotive Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $7.70B | $8.85B | $7.86B | $8.51B |
| Net Income | $213.0M | $228.1M | $234.5M | $260.4M |
| Diluted EPS | $3.23 | $3.45 | $3.56 | $3.96 |
Penske Automotive Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $49.5M | $100.7M | $106.5M | $96.4M | $72.4M | $64.7M |
| Current Assets | $4.41B | $4.08B | $4.66B | $5.68B | $5.93B | $6.19B |
| Total Assets | $13.25B | $13.46B | $14.11B | $15.67B | $16.72B | $17.60B |
| Current Liabilities | $4.67B | $4.27B | $4.71B | $5.66B | $6.49B | $6.28B |
| Total Long-Term Debt | $1.69B | $1.47B | $1.62B | $1.63B | $1.85B | $2.17B |
| Total Liabilities | $9.92B | $9.37B | $9.94B | $10.92B | $11.49B | $12.02B |
| Shareholders' Equity | $3.30B | $4.07B | $4.15B | $4.73B | $5.21B | $5.56B |
Penske Automotive Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.20B | $1.29B | $1.46B | $1.09B | $1.18B | $975.1M |
| Cash From Investing | — | -$623.1M | -$641.7M | -$572.3M | -$1.04B | -$175.0M |
| Cash From Financing | — | -$615.5M | -$798.0M | -$531.1M | -$164.7M | -$825.5M |
| Free Cash Flow | $1.02B | $1.04B | $1.18B | $718.3M | $811.1M | $650.5M |
Figures from Penske Automotive's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Penske Automotive financials page for every line item.
Penske Automotive Company Profile
| Ticker | PAG |
|---|---|
| Exchange | NYSE |
| Industry | Auto Dealers & Gasoline Stations (Retail) |
| Headquarters | Bloomfield Hills, Michigan |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001019849 |
Frequently Asked Questions
What was Penske Automotive's revenue in fiscal 2025?
Penske Automotive (PAG) reported revenue of $31.81B for fiscal 2025.
What is Penske Automotive's annual revenue history?
Penske Automotive's annual revenue by fiscal year: 2020: $20.44B; 2021: $25.55B; 2022: $27.81B; 2023: $29.53B; 2024: $30.46B; 2025: $31.81B.
What was Penske Automotive's net income in fiscal 2025?
Penske Automotive reported net income of $935.4M for fiscal 2025.
What was Penske Automotive's earnings per share (EPS) in fiscal 2025?
Penske Automotive's diluted EPS was $14.13 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Penske Automotive generate in fiscal 2025?
Penske Automotive generated $650.5M of free cash flow in fiscal 2025.
What was Penske Automotive's revenue last quarter?
In its most recent reported quarter (2026 Q2), Penske Automotive reported revenue of $8.51B.
How much debt does Penske Automotive have?
Penske Automotive reported $2.17B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Penske Automotive are outstanding?
Penske Automotive reported a weighted average of 65.7 million basic shares outstanding in 2026 Q2.
What is Penske Automotive's market cap?
Based on its latest closing price, Penske Automotive (PAG) has a market capitalization of about $12.86B.
When does Penske Automotive's fiscal year end?
Penske Automotive's fiscal year end, as registered with the SEC, is December 31.
Where is Penske Automotive headquartered?
Penske Automotive lists its business address in Bloomfield Hills, Michigan in its SEC filings.