Penske Automotive Group, Inc. (PAG) — Financial statements
Income statement, balance sheet, and cash flow for Penske Automotive Group, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 31,809↓0.2% | 31,865↑3.1% | 30,917↑11.2% | 27,815↑8.8% | 25,555 | |
| Cost of Revenue | 26,592↓0.2% | 26,648↑3.4% | 25,769↑12.2% | 22,976↑8.8% | 21,114 | |
| Gross Profit | 5,217↓0.0% | 5,217↑1.4% | 5,147↑6.4% | 4,839↑9.0% | 4,441 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 3,631↑2.4% | 3,547↑3.9% | 3,414↑10.1% | 3,102↑9.1% | 2,844 | |
| Selling & Marketing Expenses | 133↓3.9% | 138↓1.2% | 140↑14.8% | 122↑2.3% | 119 | |
| SG&A Expenses | 3,764↑2.1% | 3,686↑3.7% | 3,554↑10.2% | 3,224↑8.8% | 2,963 | |
| Other Expenses | 172↑6.8% | 161↑12.2% | 144↑12.9% | 127↑4.8% | 122 | |
| Operating Expenses | 3,936↑2.3% | 3,847↑4.0% | 3,697↑10.3% | 3,351↑8.6% | 3,084 | |
| Total Costs & Expenses | 30,528↑0.1% | 30,495↑3.5% | 29,467↑11.9% | 26,327↑8.8% | 24,198 | |
| Operating Results | ||||||
| Operating Income | 1,281↓6.5% | 1,370↓5.5% | 1,450↓2.5% | 1,488↑9.7% | 1,356 | |
| Depreciation & Amortization | 172↑6.8% | 161↑12.2% | 144↑12.9% | 127↑4.8% | 122 | |
| EBITDA | 1,698↓2.0% | 1,732↓6.2% | 1,847↓12.4% | 2,109↑15.6% | 1,824 | |
| EBIT | 1,526↓2.9% | 1,571↓7.8% | 1,703↓14.1% | 1,982↑16.4% | 1,703 | |
| Interest & Other Income | ||||||
| Net Interest Income | -262↓198.6% | -88↑61.5% | -228↓85.6% | -123↓29.5% | -95 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 262↑198.6% | 88↓61.5% | 228↑85.6% | 123↑29.5% | 95 | |
| Non-Operating Income | -245↓22.2% | -201↑20.7% | -253↑48.8% | -494↓42.8% | -346 | |
| Other Income / Expenses | -17↑78.8% | -80↓419.5% | 25↓93.2% | 371↑47.8% | 251 | |
| Income Before Tax | 1,264↓2.0% | 1,290↓12.6% | 1,475↓20.7% | 1,859↑15.6% | 1,608 | |
| Income Tax Expense | 326↑2.9% | 317↓12.3% | 361↓23.7% | 473↑13.6% | 416 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 938↓3.6% | 973↓12.6% | 1,114↓19.6% | 1,386↑16.4% | 1,191 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 1 | |
| Net Income | 935↓3.5% | 969↓12.6% | 1,109↓19.7% | 1,380↑16.2% | 1,188 | |
| Bottom-Line Net Income | 935↓3.5% | 969↓12.6% | 1,109↓19.7% | 1,380↑16.2% | 1,188 | |
| EPS (Basic) | 14.13↓2.5% | 14.49↓6.5% | 15.50↓16.4% | 18.55↑24.6% | 14.89 | |
| EPS (Diluted) | 14.13↓2.5% | 14.49↓6.5% | 15.50↓16.4% | 18.55↑24.6% | 14.89 | |
| Weighted Average Shares | 66↓1.0% | 67↓1.6% | 68↓8.6% | 74↓6.7% | 80 | |
| Weighted Average Diluted Shares | 66↓1.0% | 67↓1.6% | 68↓8.6% | 74↓6.7% | 80 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.