PENSKE AUTOMOTIVE GROUP, INC.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 27, 2026
PAG$213.44+0.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| (In millions, except share and per share amounts) | |||
| Revenue: | |||
| Retail automotive dealership | $27,474.6 | $27,565.8 | $26,598.2 |
| Retail commercial truck dealership | 3,411.3 | 3,521.1 | 3,684.3 |
| Commercial vehicle distribution and other | 922.6 | 777.9 | 634.0 |
| Total revenues | 31,808.5 | 31,864.8 | 30,916.5 |
| Cost of sales: | |||
| Retail automotive dealership | 22,992.2 | 23,111.4 | 22,208.4 |
| Retail commercial truck dealership | 2,869.0 | 2,936.6 | 3,091.9 |
| Commercial vehicle distribution and other | 730.3 | 599.7 | 468.8 |
| Total cost of sales | 26,591.5 | 26,647.7 | 25,769.1 |
| Gross profit | 5,217.0 | 5,217.1 | 5,147.4 |
| Selling, general, and administrative expenses | 3,764.0 | 3,685.7 | 3,553.7 |
| Goodwill impairment charges | — | — | 40.7 |
| Depreciation | 172.3 | 161.3 | 143.7 |
| Operating income | 1,280.7 | 1,370.1 | 1,409.3 |
| Floor plan interest expense | (170.6) | (193.1) | (135.3) |
| Other interest expense | (91.6) | (87.8) | (92.6) |
| Gain on sale of dealership | 52.3 | — | — |
| Equity in earnings of affiliates | 192.9 | 200.7 | 293.7 |
| Income before income taxes | 1,263.7 | 1,289.9 | 1,475.1 |
| Income taxes | (325.8) | (316.5) | (360.9) |
| Net income | 937.9 | 973.4 | 1,114.2 |
| Less: Income attributable to non-controlling interests | 2.5 | 4.5 | 5.4 |
| Net income attributable to Penske Automotive Group common stockholders | $935.4 | $968.9 | $1,108.8 |
| Basic earnings per share attributable to Penske Automotive Group common stockholders: | |||
| Net income attributable to Penske Automotive Group common stockholders | $14.13 | $14.49 | $16.31 |
| Shares used in determining basic earnings per share | 66,199,042 | 66,882,731 | 67,963,956 |
| Diluted earnings per share attributable to Penske Automotive Group common stockholders: | |||
| Net income attributable to Penske Automotive Group common stockholders | $14.13 | $14.49 | $16.31 |
| Shares used in determining diluted earnings per share | 66,199,042 | 66,882,731 | 67,963,956 |
| Amounts attributable to Penske Automotive Group common stockholders: | |||
| Net income | $937.9 | $973.4 | $1,114.2 |
| Less: Income attributable to non-controlling interests | 2.5 | 4.5 | 5.4 |
| Net income attributable to Penske Automotive Group common stockholders | $935.4 | $968.9 | $1,108.8 |
| Cash dividends per share | $5.18 | $4.09 | $2.78 |
F - 6
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.