Penske Automotive Group, Inc. (PAG) Financials

NYSE:PAG

Market Cap

11.11B

Total Revenue

27.81B

Gross Profit

4.84B

Operating Income

1.49B

Net Income

1.38B

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	14,705,400,000	17,177,200,000	19,284,900,000	20,118,500,000	21,386,900,000	22,785,100,000	23,179,400,000	20,443,900,000	25,554,700,000	27,814,800,000
costOfRevenue	12,445,600,000	14,603,500,000	16,417,400,000	17,151,900,000	18,164,400,000	19,370,200,000	19,723,900,000	17,259,400,000	21,113,900,000	22,976,000,000
grossProfit	2,259,800,000	2,573,700,000	2,867,500,000	2,966,600,000	3,222,500,000	3,414,900,000	3,455,500,000	3,184,500,000	4,440,800,000	4,838,800,000
researchAndDevelopmentExpenses	--	--	--	--	--	--	--	--	--	--
sellingAndMarketingExpenses	82,900,000	93,200,000	101,000,000	102,500,000	115,800,000	--	112,600,000	81,100,000	119,200,000	122,000,000
generalAndAdministrativeExpenses	1,679,000,000	1,906,400,000	2,122,000,000	2,199,500,000	2,400,200,000	--	2,580,600,000	2,283,400,000	2,843,700,000	3,101,700,000
sellingGeneralAndAdministrativeExpenses	1,761,900,000	1,999,600,000	2,223,000,000	2,302,000,000	2,516,000,000	2,646,300,000	2,693,200,000	2,364,500,000	2,962,900,000	3,223,700,000
operatingExpenses	1,823,600,000	2,069,600,000	2,301,000,000	2,391,700,000	2,611,100,000	2,750,000,000	2,802,800,000	2,480,000,000	3,084,400,000	3,351,000,000
operatingIncome	436,200,000	504,100,000	566,500,000	574,900,000	611,400,000	664,900,000	652,700,000	704,500,000	1,356,400,000	1,487,800,000
totalOtherIncomeExpensesNet	30,700,000	56,800,000	39,300,000	69,500,000	107,600,000	134,800,000	-61,200,000	3,100,000	251,300,000	371,400,000
ebitda	528,600,000	614,900,000	683,800,000	734,100,000	814,100,000	903,400,000	909,800,000	989,000,000	1,852,400,000	2,109,300,000
depreciationAndAmortization	61,700,000	70,000,000	78,000,000	89,700,000	95,100,000	103,700,000	257,100,000	284,500,000	496,000,000	621,500,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	91,500,000	98,900,000	113,900,000	136,300,000	170,800,000	195,600,000	208,700,000	165,900,000	94,800,000	122,800,000
incomeBeforeTax	375,400,000	462,000,000	491,900,000	508,100,000	548,200,000	604,100,000	591,500,000	707,600,000	1,607,700,000	1,859,200,000
incomeTaxExpense	124,300,000	153,200,000	158,000,000	160,700,000	-64,800,000	134,300,000	156,700,000	162,700,000	416,300,000	473,000,000
netIncome	244,200,000	286,700,000	326,100,000	342,900,000	613,300,000	471,000,000	435,800,000	543,600,000	1,187,800,000	1,380,000,000
eps	2.7	3.17	3.63	3.99	7.14	5.53	5.28	6.74	14.89	18.55
epsdiluted	2.7	3.17	3.63	3.99	7.14	5.53	5.28	6.74	14.89	18.55
weightedAverageShsOut	90,330,621	90,354,839	89,800,000	86,000,000	85,900,000	85,200,000	82,500,000	80,594,856	79,746,106	74,394,799
weightedAverageShsOutDil	90,330,621	90,354,839	89,800,000	86,000,000	85,900,000	85,200,000	82,500,000	80,594,856	79,746,106	74,394,799
costAndExpenses	14,269,200,000	16,673,100,000	18,718,400,000	19,543,600,000	20,775,500,000	22,120,200,000	22,526,700,000	19,739,400,000	24,198,300,000	26,327,000,000
otherExpenses	61,700,000	70,000,000	78,000,000	89,700,000	95,100,000	103,700,000	109,600,000	115,500,000	121,500,000	127,300,000

Key Facts

Industry

Auto & Truck Dealerships

Sector

Consumer Cyclical

Headquarters

Bloomfield Hills, MI, US

Website

penskeautomotive.com

CEO

Mr. Roger S. Penske Sr.

Employees

27000

About the Company

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.