Penske Automotive Group, Inc. (PAG) Financial Statements

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Penske Automotive financial statements at a glance

Penske Automotive reported revenue of $30.46 billion for fiscal year 2024 (ended December 31, 2024), up 3.1% from fiscal year 2023. Net income was $918.90 million, a net margin of 3.0%, and diluted earnings per share were $13.74.

At the end of fiscal year 2024 it had total assets of $16.72 billion, total liabilities of $11.49 billion and shareholders' equity of $5.21 billion, with cash and short-term investments of $72.40 million and total debt of $8.27 billion.

Its operations brought in $1.18 billion of cash; capital spending was $368.70 million, leaving free cash flow of $811.10 million.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2024.

PAG logo

Penske Automotive Group, Inc.

PAGUnited States
Discretionary Consumer Products
USD (Local)

Income Statement

Annual • USD

Basic EPS
14.13
Prev Year: 13.74
YoY: +2.8%
Total Revenue
-
Prev Year: 30.46B
Diluted EPS
14.13
Prev Year: 13.74
YoY: +2.8%
Cost of Revenue
-
Prev Year: 25.44B
Weighted Average Shares (basic)
66.20M
Prev Year: 66.90M
YoY: -1.0%
Gross Profit
-
Prev Year: 5.01B
Weighted Average Shares (diluted)
66.20M
Prev Year: 66.90M
YoY: -1.0%
Operating Expense
-
Prev Year: 3.70B
Values in USD

Penske Automotive key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue–$30.5B$29.5B$27.8B$25.6B
Gross profit–$5.0B$4.9B$4.8B$4.4B
Operating income–$1.3B$1.4B$1.5B$1.4B
Net income–$918.9M$1.1B$1.4B$1.2B
Diluted EPS$14.13$13.74$15.50$18.55$14.89
Total assets–$16.7B$15.7B$14.1B$13.5B
Total liabilities–$11.5B$10.9B$9.9B$9.4B
Shareholders' equity–$5.2B$4.7B$4.1B$4.1B
Cash and short-term investments–$72.4M$96.4M$106.5M$100.7M
Total debt–$8.3B$7.7B$7.0B$6.4B
Operating cash flow–$1.2B$1.1B$1.5B$1.3B
Capital spending–$368.7M$375.3M$282.5M$248.9M
Free cash flow–$811.1M$718.3M$1.2B$1.0B

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2014.

Questions and answers

What was Penske Automotive's revenue in fiscal year 2024?

$30.46 billion, up 3.1% from $29.53 billion in fiscal year 2023.

How much profit does Penske Automotive make?

Penske Automotive reported net income of $918.90 million for fiscal year 2024 (3.0% of revenue); operating income was $1.32 billion.

How much cash and debt does Penske Automotive have?

At the end of fiscal year 2024: cash and short-term investments of $72.40 million and total debt of $8.27 billion.

What is Penske Automotive's free cash flow?

$811.10 million in fiscal year 2024 (operating cash flow of $1.18 billion minus capital spending of $368.70 million).

MorePenske Automotive stock overviewPenske Automotive executive teamPenske Automotive shareholdersPenske Automotive revenue by segment
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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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