Penske Automotive Group, Inc. PAG

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Insider Decisions

Total sells 0.83
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy
Sell 1 1 1
Insider Ownership 73.26%

Capital & Financial Ratios

Market Cap 13,930.00
Revenue 32,198.50
Net Income 908.10
Free Cash Flow 623.30
Net Debt 2,426.50
Current Ratio 0.98
Debt/Equity 0.43
P/E ratio 15.62
P/S ratio 0.43
P/B ratio 2.39
Past 5Y EPS Growth 21.07%
This Y EPS Growth 2.05%
Next Y EPS Growth 6.58%
Next 5Y EPS Growth 5.20%
in millions of $

Dividends

Payout Ratio 0.13
Annual Dividend Rate 2.56
Annual Dividend Yield 1.66%
total individual payouts
2028 ‡‡‡‡
2027 ‡‡‡‡
2026 5.62
2025 5.18
2024 4.09
2023 2.78
2022 2.07
2021 1.78
2020 0.84
2019 1.58
2018 1.42
2017 1.57
2016 1.10
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 96.40 83.60 64.70 69.50
Receivables 1,114.60 1,037.20 1,070.30 1,061.90
Inventory 4,293.10 4,710.70 4,814.70 5,109.70
Other 175.60 214.80 242.90 269.90
5,679.70 6,046.30 6,192.60 6,511.00
2023 2024 2025 Q'26
Payables 866.90 859.10 899.80 915.20
ST’ Debt 209.70 721.20 355.00 377.30
Other
5,657.90 6,580.60 6,279.10 6,674.90
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Mar Jun Sep Dec Year
’26 7,863.60 8,512.70
’25 7,953.80 8,032.50 7,695.30 8,126.90 31,808.50
’24 7,447.80 7,696.70 7,590.80 9,129.50 31,864.80
’23 7,339.00 7,468.50 7,447.80 8,661.20 30,916.50
’22 6,975.40 6,906.90 6,920.70 7,011.80 27,814.80
’21 5,773.80 6,987.50 6,497.30 6,296.10 25,554.70
’20 5,009.10 3,651.10 5,971.60 5,812.10 20,443.90
in millions of $

Operating Cash Flow

Mar Jun Sep Dec Year
’26 215.00 204.10
’25 291.00 209.20 351.70 123.20 975.10
’24 456.00 235.10 271.00 268.50 1,230.60
’23 311.20 293.30 417.70 123.00 1,145.20
’22 380.60 498.60 329.00 250.80 1,459.00
’21 239.30 677.40 413.70 (38.40) 1,292.00
’20 211.90 572.50 65.10 352.00 1,201.50
in millions of $

Free Cash Flow

Mar Jun Sep Dec Year
’26 172.90 135.50
’25 210.30 152.80 288.10 26.80 678.00
’24 353.50 135.90 209.30 180.30 879.00
’23 208.80 220.10 351.90 9.10 789.90
’22 326.20 426.30 272.30 184.00 1,208.80
’21 217.30 640.30 370.20 (129.80) 1,098.00
’20 186.20 541.20 27.60 280.40 1,035.40
in millions of $

EPS

Mar Jun Sep Dec Year
’26 3.56 3.96
’25 3.66 3.78 3.23 2.83 14.13
’24 3.21 3.61 3.39 3.54 13.74
’23 4.31 4.41 3.92 2.84 15.50
’22 4.76 4.93 4.61 4.21 18.55
’21 2.26 4.20 4.47 3.99 14.89
’20 0.64 0.56 3.07 2.49 6.74

Target Price Range

High ‡‡‡‡‡ ‡‡‡‡‡
Average ‡‡‡‡‡ ‡‡‡‡‡
Low ‡‡‡‡‡ ‡‡‡‡‡

Recommendation Rating

2.9
1Buy 2 3Hold 4 5Sell
Powerpack only forecast
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 88.58 112.31 142.32 134.05
Low Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 131.55 180.84 179.72 189.51
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 41,500 44,000 28,900 27,700
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.67 0.70 1.10 1.15
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 27,814.80 30,916.50 31,864.80 31,808.50 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 17.40% 16.65% 16.37% 16.40%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,859.20 1,475.10 1,289.90 1,263.70 ‡‡‡‡‡
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.68% 4.77% 4.05% 3.97% ‡‡‡ ‡‡‡ ‡‡‡
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,386.20 1,114.20 973.40 937.90 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 127.30 143.70 161.30 172.30
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 373.88 454.90 476.43 480.50 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 18.55 15.50 13.74 14.13 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 19.61 16.85 18.40 14.73 ‡‡‡‡
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (3.36) (5.23) (5.26) (4.49) ‡‡‡ ‡‡‡ ‡‡‡
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 16.25 11.62 13.14 10.24
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 56.12 69.97 81.01 84.30 ‡‡‡‡‡
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 74.40 67.96 66.88 66.20 ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.14 10.37 11.09 11.73 ‡‡‡‡ ‡‡‡‡ ‡‡‡‡
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.30 0.35 0.32 0.33 ‡‡‡ ‡‡‡ ‡‡‡
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 2.03 2.29 1.88 1.88 ‡‡‡ ‡‡‡ ‡‡‡
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.36 0.40 0.38 0.40 ‡‡‡ ‡‡‡‡ ‡‡‡‡
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.25 15.75 13.61 18.55
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,459.00 1,145.20 1,230.60 975.10 ‡‡‡ ‡‡‡ ‡‡‡
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (250.20) (355.30) (351.60) (297.10) ‡‡‡‡‡ ‡‡‡‡‡
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,208.80 789.90 879.00 678.00 ‡‡‡‡‡
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (48.90) 21.80 (534.30) (86.50)
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,622.10 1,629.20 1,852.00 2,165.50
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,515.60 1,532.80 1,768.40 2,100.80
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 4,174.80 4,755.60 5,418.50 5,580.90
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 10.01% 7.45% 5.91% 5.39% ‡‡‡‡‡
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 16.34% 14.01% 11.91% 10.42%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 33.37% 24.83% 19.05% 17.01% ‡‡‡‡‡
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Penske Automotive Group (PAG) has shown impressive resilience in the volatile auto retail sector, growing revenue from $20.1 billion in 2016 to $30.5 billion in 2024—a 51% cumulative increase—fueled by post-COVID used-car booms and premium brands like Porsche and BMW. Profitability peaked dramatically in 2022 with EBT margins at 6.68% and ROE at 33.4%, but normalization has brought declines, with 2024 EBT at $1.24 billion (margins 4.07%) amid easing supply shortages and margin pressures. Strong cash flows ($12.52 FCF per share) and aggressive share repurchases (shares down 25%) bolster a robust balance sheet, with book value per share up 278% to $78.16.

Trading at low multiples (EV/Sales 0.39x, forward PE 11-13x), PAG offers 8-17% upside to consensus targets, appealing to value investors, though insider selling ($20.5 million, no buys) signals caution amid cycle maturation. Forecasts project modest revenue growth to $32.2 billion by 2026 (3-5% CAGR), stable EPS around $13.80, and FCF supporting buybacks.

Risks from EV shifts, inflation, and U.K. exposure loom, but PAG’s premium focus and M&A potential provide tailwinds—positioning it as a steady hold with asymmetric upside if margins reflate.

Penske Automotive Group, Inc. (PAG) Latest News

News by impact score

Fine-tune

21 Sep

3 StockStory, 5:50 PM

Penske Automotive Group posted Q2 revenue of $8.51 billion, up 11.1% year over year and beating estimates by 6.5%, with EBITDA and EPS also topping expectations. PAG delivered the fastest revenue growth among four tracked vehicle-retailer peers, supported by a global network across the US, UK, Canada, Germany, Italy, Japan, and Australia. The group as a whole missed revenue consensus by about 5.9%. Peers fared variably: CarMax topped EPS estimates and posted revenue of $8.01 billion (up 6.2%), America's Car-Mart posted a sharp revenue drop and the weakest EPS, and Camping World reported a slight revenue decline and EBITDA miss. Despite PAG’s strong top-line growth, its stock fell about 4% after results and trades near $211.30. Broader market commentary notes shifting risks from AI to geopolitics, though PAG remains relatively robust within a mixed sector. Beat estimates and lead revenue growth among peers, but a 4% post-earnings drop hints limited up‑side sentiment.

12 Aug

4 , 6:13 AM

Penske Automotive Group (PAG) trades 3% above fair value as a buyout proposal draws investor focus. Buyout proposal directly affects ownership structure and can drive major shifts in valuation and strategy.

11 Aug

3 , 9:41 AM

Penske Automotive Group Q2 earnings beat estimates. EchoPark total unit sales rose 16%. Q2 earnings beat and 16% EchoPark unit sales growth point to stronger financial results and segment performance for PAG.

3 , 9:28 AM

Penske Automotive Group beat Q2 earnings expectations as its after-sales unit achieved record gross profit. Q2 earnings beat with record after-sales gross profit signals stronger financial results likely to lift near-term investor sentiment for Penske.

3 , 9:28 AM

Penske Automotive Group posted Q2 earnings above estimates, fueled by higher auto sales and service revenue growth. Q2 earnings beat from core auto sales and service growth points to sustained operational momentum with moderate effect on near-term results.

10 Aug

4 , 4:05 PM

Special committee of Penske Automotive Group retains financial and legal advisors to evaluate take-private proposal. Take-private proposal evaluation signals potential shift from public to private ownership that could alter market trajectory and investor base.

3 www.wardsauto.com, 8:17 AM

Penske Automotive Group benefits from increased lease returns that expand used vehicle inventory and support stronger sales and service volumes across dealership operations. Lease return surge directly adds inventory and revenue channels for Penske without altering broader competitive or strategic position.

1 Aug

4 , 9:39 AM

Penske Automotive Group achieves Q2 outperformance through diversification and commercial truck momentum. Diversification and commercial truck momentum drive significant positive shifts in future performance and investor outlook.

30 Jul

3 transcript www.marketbeat.com, 2:03 AM

Penske Automotive Group Q2 earnings call highlighted quarterly financial results, revenue figures, operational updates and management commentary on performance and outlook. Quarterly earnings details and management outlook directly inform near-term financial expectations and trading activity.

29 Jul

4 transcript , 11:01 PM

Penske Automotive Group Inc posted record revenue in Q2 2026 with strong earnings performance. Record Q2 2026 revenue establishes strong financial momentum that can lift valuation and investor outlook.

4 transcript app.moby.co, 8:55 PM

Penske Automotive Group, Inc. released Q2 2026 earnings results and operational updates during its earnings call. Quarterly earnings call delivers financial metrics and guidance that directly shape investor views and stock movement.

4 , 7:19 AM

Penske Automotive Group reported upbeat Q2 CY2026 results. Upbeat quarterly results strengthen near-term investor sentiment and support valuation for Penske Automotive Group.

3 , 8:25 AM

Penske Automotive Group, Inc. (PAG) exceeded analyst estimates for Q2 earnings and revenues. Q2 earnings and revenue beats moderately lift PAG near-term financial outlook and sentiment.

3 , 6:58 AM

Penske Automotive Group, Inc. released its quarterly financial results. Quarterly results directly affect views of financial performance and market valuation.

26 Jul

4 , 10:30 AM

Roger Penske is acquiring full ownership of Penske Automotive Group, shifting the company from public markets back to private control by its founder. Founder-led buyback constitutes a major ownership and governance restructuring with direct effects on PAG's capital structure and investor base.

24 Jul

4 , 10:26 AM

Morgan Stanley calls buyout offer for Penske Automotive proof of strong business quality. Buyout offer raises possibility of acquisition and can drive major shifts in ownership, valuation and investor sentiment.

23 Jul

5 www.wardsauto.com, 9:25 AM

Penske and Mitsui seek to take Penske Automotive Group private in a $3.8B deal. $3.8B privatization removes PAG from public markets and shifts ownership structure.

22 Jul

5 , 5:13 PM

Penske Automotive Group, Inc. (PAG) confirms receipt of unsolicited preliminary non-binding take private proposal. Unsolicited take private proposal signals potential ownership overhaul with direct effects on operations and valuation.

4 , 1:37 PM

Two current owners seek to acquire remaining shares and take Penske Automotive Group, Inc. (PAG) private. Privatization attempt would delist PAG, remove public shareholders, and shift governance and capital allocation.

4 , 11:34 AM

Penske and Mitsui bid $210 per share to take Penske Automotive Group private. Bid to privatize at premium price represents major ownership change with direct effects on market trading and strategy.

3 , 10:00 AM

Analysts estimate Penske Automotive Group will report a decline in earnings. The analysis outlines key factors investors should monitor ahead of the release. Expected earnings decline directly ties to financial performance and may shift near-term investor views on the company.

3 Jul

3 , 6:16 PM

Margin pressures at Penske Automotive Group raise questions about a potential deeper deterioration in the company's underlying growth quality and sustainability. Margin pressures signal possible shifts in growth quality that could moderately affect future financial performance and investor views.

4 May

3 Zacks, 12:09 PM

AutoNation's Q1 earnings missed estimates due to soft new-vehicle sales. Industry-wide soft new-vehicle sales pressuring AutoNation's earnings signal moderate risks to Penske Automotive Group's financial performance.

2 May

4 Simply Wall St., 8:15 AM

Penske Automotive Group beat EPS estimates by 21%, prompting analysts to forecast future performance. 21% EPS beat boosts financial performance and investor sentiment, likely driving significant stock gains and trajectory shift.

4 www.marketbeat.com, 2:08 AM

Penske Automotive Group released highlights from its Q1 earnings call, covering financial performance, operational updates, and future outlook. Q1 earnings call highlights disclose financial results and strategic updates that significantly influence PAG's trajectory and investor sentiment.

30 Apr

4 GuruFocus.com, 3:16 AM

Penske Automotive Group Inc (PAG) reported strong revenue growth and increased dividends in Q1 2026 earnings call highlights. Strong Q1 revenue and dividend increase signal major positive shift in financial performance and investor sentiment.

29 Apr

4 transcript www.fool.com, 3:40 PM

Penske Automotive Group (PAG) Q1 2026 earnings call transcript covers first-quarter financial results, operational updates, and management's forward-looking guidance. Q1 2026 earnings call transcript reveals quarterly financial performance, strategic updates, and outlook significantly influencing PAG's trajectory and investor sentiment.

4 , 2:35 PM

Penske Automotive Group's earnings beat expectations, signaling a robust economy with strong vehicle sales, high margins, and positive outlook despite market challenges. Strong earnings amid economic resilience directly enhance PAG's financial performance and investor confidence.

3 app.moby.co, 8:32 PM

Penske Automotive Group, Inc. released Q1 2026 earnings call summary detailing financial performance, operational updates, and future guidance. Q1 2026 earnings summary impacts financial performance and market sentiment moderately.

3 Zacks, 12:22 PM

Penske Automotive Group (PAG) Q1 earnings beat analyst estimates, fueled by strong service and parts revenue amid softer new vehicle sales. Q1 earnings beat on robust service and parts highlights financial strength and recurring revenue stability.