PENSKE AUTOMOTIVE GROUP INC
For the period ended Dec 31, 2023. Filed Feb 16, 2024.
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FY2023 · Filed Feb 16, 2024
PAG$212.79+0.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Equity
| Voting and Non-voting Common Stock · Additional Paid-in Capital · Retained Earnings · Accumulated Other Comprehensive Income (Loss) · Total Penske Automotive Group Stockholders' Equity · Non-controlling Interest · Total Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Issued Shares · Amount | ||||||||
| (Dollars in millions) | ||||||||
| Balance, January 1, 2021 | 80,392,662 | $— | $311.8 | $3,151.3 | $(160.6) | $3,302.5 | $23.6 | $3,326.1 |
| Equity compensation | 443,090 | — | 23.9 | — | — | 23.9 | — | 23.9 |
| Repurchases of common stock | (3,261,580) | — | (293.5) | — | — | (293.5) | — | (293.5) |
| Dividends ($1.78 per share) | — | — | — | (142.5) | — | (142.5) | — | (142.5) |
| Interest rate swaps | — | — | — | — | 3.2 | 3.2 | — | 3.2 |
| Distributions to non-controlling interest | — | — | — | — | — | — | (2.6) | (2.6) |
| Foreign currency translation | — | — | — | — | (38.9) | (38.9) | (0.9) | (39.8) |
| Other | — | — | — | — | 27.5 | 27.5 | — | 27.5 |
| Net income | — | — | — | 1,187.8 | — | 1,187.8 | 4.9 | 1,192.7 |
| Balance, December 31, 2021 | 77,574,172 | — | 42.2 | 4,196.6 | (168.8) | 4,070.0 | 25.0 | 4,095.0 |
| Penske Transportation Solutions adoption of ASC 842 | — | — | — | (121.6) | — | (121.6) | — | (121.6) |
| Equity compensation | 321,866 | — | 26.7 | — | — | 26.7 | — | 26.7 |
| Repurchases of common stock | (8,214,147) | — | (68.9) | (817.6) | — | (886.5) | — | (886.5) |
| Dividends ($2.07 per share) | — | — | — | (154.1) | — | (154.1) | — | (154.1) |
| Distributions to non-controlling interest | — | — | — | — | — | — | (3.5) | (3.5) |
| Foreign currency translation | — | — | — | — | (153.7) | (153.7) | (0.9) | (154.6) |
| Other | — | — | — | — | (12.8) | (12.8) | — | (12.8) |
| Net income | — | — | — | 1,380.0 | — | 1,380.0 | 6.2 | 1,386.2 |
| Balance, December 31, 2022 | 69,681,891 | — | — | 4,483.3 | (335.3) | 4,148.0 | 26.8 | 4,174.8 |
| Equity compensation | 237,906 | — | 28.1 | — | — | 28.1 | — | 28.1 |
| Repurchases of common stock | (2,808,616) | — | (28.1) | (357.1) | — | (385.2) | — | (385.2) |
| Dividends ($2.78 per share) | — | — | — | (189.1) | — | (189.1) | — | (189.1) |
| Distributions to non-controlling interest | — | — | — | — | — | — | (3.4) | (3.4) |
| Foreign currency translation | — | — | — | — | 65.5 | 65.5 | 0.6 | 66.1 |
| Other | — | — | — | — | 5.7 | 5.7 | — | 5.7 |
| Net income | — | — | — | 1,053.2 | — | 1,053.2 | 5.4 | 1,058.6 |
| Balance, December 31, 2023 | 67,111,181 | $— | $— | $4,990.3 | $(264.1) | $4,726.2 | $29.4 | $4,755.6 |
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