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Friday 6 November 2026 Export PAG’s income statement to Excel — free account

Penske Automotive Group, Inc.

PAG Consumer Cyclical Auto & Truck Dealerships

Penske Automotive Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $31.8 billion, roughly unchanged from fiscal 2024.

Revenue
+4.50%
EPS
+4.24%
Free cash flow
−29.0%
Total debt
+50.7%

Quarter to September 2026, against a year earlier

212.41 0.11 +0.05%
Market cap
$13.9B
P/E
15.5×
Fwd P/E
16.1×
Dividend yield
2.66%
F-score
6/9
Altman Z
3.02
Beneish M
−2.48
Dividend safety
85/100
Overview Business Profile Earnings & Analysis
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Penske Automotive Group, Inc. (PAG) Gross margin

Alert me on Gross margin

Penske Automotive Group, Inc.'s gross margin over the twelve months to 30 September 2026 was 16.0%, down 0.4 percentage points from fiscal 2025 (16.4%). Over the past ten years it has ranged from 14.8% (fiscal 2016) to 17.4% (fiscal 2022); the current reading is higher than 73% of that period. That is below the Auto & Truck Dealerships industry median of 18.4% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 16.4% 0.03
FY2024 16.4% (0.28)
FY2023 16.7% (0.75)
FY2022 17.4% 0.02
FY2021 17.4% 1.80
FY2020 15.6% 0.67
FY2019 14.9% (0.08)
FY2018 15.0% (0.08)
FY2017 15.1% 0.32
FY2016 14.8% (0.12)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 15.7% (0.21)
Jun 2026 15.9% (0.58)
Mar 2026 16.5% 0.51
Dec 2025 16.0% (0.13)
43 more quarters

Against its own ten years

Low 14.8% High 17.4%
Ten-year median 15.6%
Current reading's percentile 53

Gross margin against peers

Company Gross margin
OPLN OPENLANE, Inc. compare 45.6%
VVV Valvoline compare 38.3%
RUSHB Rush Enterprises, Inc. compare 19.7%
RUSHA Rush Enterprises, Inc. compare 19.3%
AN AutoNation, Inc. compare 17.7%
ABG Asbury Automotive Group, Inc. compare 17.1%
PAG Penske Automotive Group, Inc. 16.0%
LAD Lithia Motors, Inc. compare 15.1%
KMX CarMax, Inc. compare 10.3%
Auto & Truck Dealerships industry median 18.4%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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