Saturday 17 October 2026
Export PAG’s income statement to Excel — free account
Penske Automotive Group, Inc.
PAG Consumer Cyclical Auto & Truck Dealerships
In the quarter to June 2026, revenue grew 5.98%, EPS grew 4.76%, free cash flow fell 11.3% and total debt rose 40.0%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.
212.42
0.42
+0.20%
Follow PAG
| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
13.08 | 6.70 | 7.29 | 9.51 | 8.79 | 7.19 | 6.14 | 10.37 | 11.09 | 11.73 |
Piotroski F-Score |
5 | 7 | 6 | 5 | 7 | 9 | 8 | 7 | 5 | 6 |
P/S ratio |
0.22 | 0.19 | 0.15 | 0.18 | 0.23 | 0.33 | 0.30 | 0.35 | 0.32 | 0.33 |
Altman Z-Score |
3.13 | 2.79 | 2.85 | 2.30 | 2.32 | 3.20 | 3.28 | 3.32 | 3.08 | 3.02 |
Altman Z″-Score (non-manufacturers) |
1.38 | 1.34 | 1.48 | 1.15 | 1.35 | 2.05 | 2.16 | 2.11 | 1.92 | 2.01 |
P/FCF ratio |
26.75 | 10.32 | 10.59 | 13.79 | 4.62 | 7.79 | 7.00 | 13.81 | 11.60 | 15.46 |
Beneish M-Score |
(2.31) | (2.37) | (2.55) | (2.27) | (2.81) | (2.54) | (2.34) | (2.30) | (2.60) | (2.48) |
P/Operating CF |
(48.90) | 26.30 | 43.86 | (29.07) | 13.60 | (222.67) | 33.73 | 88.68 | 37.97 | 85.05 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 85 |
P/B ratio |
2.53 | 1.69 | 1.30 | 1.47 | 1.44 | 2.09 | 2.03 | 2.29 | 1.88 | 1.88 |
Price to Tangible BV |
65.96 | 14.00 | 8.66 | 11.89 | 5.74 | 6.43 | 6.36 | 6.15 | 5.36 | 5.29 |
EV/Sales |
0.32 | 0.29 | 0.25 | 0.28 | 0.31 | 0.39 | 0.36 | 0.40 | 0.38 | 0.40 |
EV/EBITDA |
9.56 | 8.81 | 7.30 | 8.49 | 7.84 | 6.71 | 6.18 | 8.01 | 7.81 | 8.66 |
EV/Operating CF |
17.11 | 9.99 | 9.14 | 12.49 | 5.35 | 7.68 | 6.84 | 10.86 | 9.72 | 12.90 |
EV/FCF |
37.76 | 15.64 | 17.30 | 21.55 | 6.21 | 9.04 | 8.25 | 15.75 | 13.61 | 18.55 |
Quick Ratio |
0.21 | 0.20 | 0.19 | 0.18 | 0.18 | 0.20 | 0.22 | 0.21 | 0.17 | 0.18 |
Current Ratio |
1.04 | 1.01 | 1.01 | 0.98 | 0.94 | 0.95 | 0.99 | 1.00 | 0.92 | 0.99 |
Net Debt/EBITDA |
2.79 | 3.00 | 2.83 | 3.06 | 2.00 | 0.93 | 0.94 | 0.99 | 1.15 | 1.45 |
Debt/Assets |
21.25% | 20.52% | 20.33% | 16.93% | 12.75% | 10.95% | 11.49% | 10.40% | 10.82% | 12.31% |
Debt/Equity |
1.05 | 0.89 | 0.84 | 0.84 | 0.51 | 0.36 | 0.39 | 0.34 | 0.34 | 0.39 |
Asset Turnover |
2.39 | 2.21 | 2.13 | 1.87 | 1.50 | 1.91 | 2.02 | 2.08 | 1.94 | 1.83 |
Operating CF/Net income |
1.08 | 1.02 | 1.30 | 1.19 | 2.21 | 1.09 | 1.06 | 1.03 | 1.27 | 1.04 |
Capex/Depreciation |
(2.26) | (2.36) | (2.79) | (1.99) | (1.44) | (1.60) | (1.97) | (2.47) | (2.18) | (1.72) |
Interest Coverage |
4.22 | 3.58 | 3.40 | 3.13 | 4.48 | 51.77 | 12.12 | 6.18 | 4.88 | 4.88 |
| 18.97% | 29.15% | 18.61% | 16.00% | 17.71% | 32.01% | 33.37% | 24.83% | 19.05% | 17.01% | |
| 4.07% | 6.33% | 4.39% | 3.51% | 4.00% | 8.89% | 10.01% | 7.45% | 5.91% | 5.39% | |
ROIC |
9.89% | 8.41% | 8.64% | 7.93% | 8.87% | 15.50% | 16.34% | 14.01% | 11.91% | 10.42% |
Return on Tangible Assets |
17.40% | 28.73% | 20.51% | 19.37% | 25.42% | 52.96% | 56.38% | 39.78% | 38.70% | 29.81% |
Average Days of Receivables |
15.95 | 16.30 | 14.88 | 15.12 | 14.41 | 10.48 | 11.90 | 13.16 | 11.88 | 12.28 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
11.44% | 11.76% | 11.61% | 11.62% | 11.57% | 11.59% | 11.59% | 11.49% | 11.57% | 11.83% |
Intangible Assets out of Total Assets |
0.19 | 0.20 | 0.21 | 0.18 | 0.19 | 0.21 | 0.20 | 0.19 | 0.21 | 0.20 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.10% | 0.09% | 0.09% | 0.09% |
Graham Net Nets |
(0.59) | (0.75) | (0.92) | (1.40) | (1.15) | (0.62) | (0.62) | (0.48) | (0.55) | (0.56) |
Graham Number |
43.15 | 67.39 | 62.04 | 63.63 | 79.23 | 131.29 | 152.88 | 156.11 | 158.32 | 160.02 |
Earnings Yield |
7.65% | 14.92% | 13.72% | 10.51% | 11.38% | 13.92% | 16.28% | 9.64% | 9.02% | 8.53% |
Free Cash Flow Yield |
3.74% | 9.69% | 9.45% | 7.25% | 21.63% | 12.84% | 14.29% | 7.24% | 8.62% | 6.47% |
Revenue per Share |
233.93 | 249.04 | 267.54 | 280.98 | 253.66 | 320.45 | 373.88 | 454.90 | 476.43 | 480.50 |
Operating CF per Share |
4.32 | 7.25 | 7.21 | 6.28 | 14.91 | 16.20 | 19.61 | 16.85 | 18.40 | 14.73 |
Capex per Share |
(2.36) | (2.62) | (3.40) | (2.64) | (2.06) | (2.43) | (3.36) | (5.23) | (5.26) | (4.49) |
Free Cash Flow per Share |
1.96 | 4.64 | 3.81 | 3.64 | 12.85 | 13.77 | 16.25 | 11.62 | 13.14 | 10.24 |
Cash per Share |
0.28 | 0.53 | 0.46 | 0.34 | 0.61 | 1.26 | 1.43 | 1.42 | 1.25 | 0.98 |
Shareholders Equity per Share |
20.69 | 28.27 | 30.94 | 34.08 | 41.27 | 51.35 | 56.12 | 69.97 | 81.01 | 84.30 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
20.69 | 28.27 | 30.94 | 34.08 | 41.27 | 51.35 | 56.12 | 69.97 | 81.01 | 84.30 |
Free Cash Flow |
168.20 | 398.20 | 324.40 | 300.50 | 1,035.40 | 1,098.00 | 1,208.80 | 789.90 | 879.00 | 678.00 |
Working Capital |
163.90 | 26.10 | 46.90 | (116.90) | (266.10) | (199.20) | (48.90) | 21.80 | (534.30) | (86.50) |
Capital Expenditures |
(203.10) | (224.80) | (289.80) | (217.80) | (166.10) | (194.00) | (250.20) | (355.30) | (351.60) | (297.10) |
Net Current Asset Value |
(2,660.00) | (3,086.10) | (3,174.60) | (5,797.00) | (5,512.30) | (5,294.20) | (5,275.60) | (5,236.20) | (5,656.10) | (5,824.20) |
EV/EBIT |
11.05 | 10.18 | 8.44 | 9.92 | 9.12 | 7.32 | 6.70 | 8.83 | 8.73 | 9.82 |
Capex to Sales |
0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
Price to Operating Income |
7.83 | 6.72 | 5.16 | 6.35 | 6.79 | 6.30 | 5.69 | 7.74 | 7.44 | 8.18 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
Cash ROIC |
4.57% | 8.59% | 6.63% | 5.78% | 20.44% | 19.37% | 20.48% | 12.19% | 11.95% | 8.68% |
Accounts Receivable Turnover |
24.22 | 23.32 | 24.19 | 24.54 | 23.14 | 33.17 | 33.91 | 30.59 | 29.62 | 30.19 |
Accounts Payable Turnover |
34.61 | 31.90 | 31.25 | 31.89 | 26.27 | 29.27 | 28.35 | 29.96 | 30.88 | 30.24 |
Inventory Turnover |
4.99 | 4.94 | 4.85 | 4.75 | 4.49 | 6.44 | 6.92 | 6.61 | 5.92 | 5.58 |
Average Days of Payables |
10.58 | 12.89 | 11.27 | 11.82 | 14.28 | 13.26 | 13.56 | 12.28 | 11.77 | 12.35 |
Days of Inventory on Hand |
72.53 | 79.25 | 76.13 | 78.85 | 72.44 | 54.09 | 55.75 | 60.81 | 64.52 | 66.09 |
Average Receivables |
830.65 | 916.95 | 942.00 | 944.70 | 883.60 | 770.45 | 820.35 | 1,010.65 | 1,075.90 | 1,053.75 |
Average Payables |
495.60 | 569.50 | 619.90 | 618.50 | 657.10 | 721.25 | 810.30 | 860.20 | 863.00 | 879.45 |
Average Inventory |
3,435.85 | 3,676.15 | 3,992.10 | 4,150.40 | 3,843.15 | 3,277.30 | 3,319.05 | 3,901.10 | 4,501.90 | 4,762.70 |
Average Assets |
8,423.20 | 9,686.80 | 10,722.55 | 12,423.60 | 13,594.95 | 13,355.90 | 13,789.60 | 14,893.05 | 16,396.20 | 17,359.30 |
Average Common Equity |
1,807.20 | 2,103.75 | 2,531.35 | 2,723.15 | 3,068.85 | 3,710.55 | 4,134.90 | 4,465.20 | 5,087.05 | 5,499.70 |
Columns are period end dates