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%

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Market cap: $13.9B
P/E: 15.6×
Fwd P/E: 12.7×
Dividend yield: 2.66%
F-score: 6/9
Altman Z: 3.02
Beneish M: −2.48
Dividend safety: 85/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.83

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	—	—	—	—	—	1	1	—	—	—	—

Insider Ownership 73.26%

Capital & Financial Ratios $m

Market Cap 13,920.00

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 15.64

Fwd P/E 12.70

P/S ratio 0.43

P/B ratio 2.39

Past 5Y EPS Growth 15.96%

This Y EPS Growth (0.12%)

Next Y EPS Growth 5.19%

Next Y revenue growth 2.69%

Next 5Y EPS Growth 4.04%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 98.45%

10-year low 10-year high

P/S against its own 10 years 98.45%

10-year low 10-year high

P/B against its own 10 years 91.37%

10-year low 10-year high

EV/Sales against its own 10 years 98.45%

10-year low 10-year high

EV/FCF against its own 10 years 86.84%

10-year low 10-year high

Dividends

Payout Ratio 0.42

Annual Dividend Rate 5.64

Annual Dividend Yield 2.66%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	5.63	1.40 1.42 1.44
2025	5.18	1.22 1.26 1.32 1.38
2024	4.09	0.87 0.96 1.07 1.19
2023	2.78	0.61 0.66 0.72 0.79
2022	2.07	0.47 0.50 0.53 0.57
2021	1.78	0.43 0.44 0.45 0.46
2020	0.84	0.42 0.42
2019	1.58	0.38 0.39 0.40 0.41
2018	1.42	0.34 0.35 0.36 0.37
2017	1.57	0.30 0.31 0.31 0.32 0.33
2016	1.10	0.26 0.27 0.28 0.29

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	96	84	65	70
Receivables	1,115	1,037	1,070	1,062
Inventory	4,293	4,711	4,815	5,110
Other	176	215	243	270
	5,680	6,046	6,193	6,511

	2023	2024	2025	Q'26
Payables	867	859	900	915
ST’ Debt	210	721	355	377
Other	—	—	—	—
	5,658	6,581	6,279	6,675

Compound Annual Growth %

	10y	5y	3y
Sales	5.13%	9.24%	4.57%
Cash Flow	9.38%	(4.09%)	(12.57%)
Earnings	11.11%	11.47%	(12.16%)
Book Value	11.77%	10.91%	10.16%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	7,864	8,513	—	—	—
’25	7,954	8,033	7,695	8,127	31,809
’24	7,448	7,697	7,591	9,130	31,865
’23	7,339	7,469	7,448	8,661	30,917
’22	6,975	6,907	6,921	7,012	27,815
’21	5,774	6,988	6,497	6,296	25,555
’20	5,009	3,651	5,972	5,812	20,444

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	215	204	—	—	—
’25	291	209	352	123	975
’24	456	235	271	269	1,231
’23	311	293	418	123	1,145
’22	381	499	329	251	1,459
’21	239	677	414	(38)	1,292
’20	212	573	65	352	1,202

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	173	136	—	—	—
’25	210	153	288	27	678
’24	354	136	209	180	879
’23	209	220	352	9	790
’22	326	426	272	184	1,209
’21	217	640	370	(130)	1,098
’20	186	541	28	280	1,035

Fiscal quarters ending in the months shown.

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

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	29.29	38.33	38.49	39.93	19.99	56.25	88.58	112.31	142.32	134.05	Analyst estimates 2026–2028 Powerpack
	High	56.05	55.26	54.83	53.81	62.71	114.34	131.55	180.84	179.72	189.51
People
People	Employees	24,000	26,000	27,000	27,000	23,000	25,000	41,500	44,000	28,900	27,700
	Revenue/emp, $m	0.84	0.82	0.84	0.86	0.89	1.02	0.67	0.70	1.10	1.15
Income, $m
Income, $m	Revenue	20,119	21,387	22,785	23,179	20,444	25,555	27,815	30,917	31,865	31,809
	Gross margin, %	14.75	15.07	14.99	14.91	15.58	17.38	17.40	16.65	16.37	16.40
	EBT	508	548	604	592	708	1,608	1,859	1,475	1,290	1,264
	EBT margin, %	2.53	2.56	2.65	2.55	3.46	6.29	6.68	4.77	4.05	3.97
	Net income	346	613	470	435	545	1,193	1,386	1,114	973	938
	Depreciation	90	95	104	110	116	122	127	144	161	172
Per share, $
Per share, $	Revenue	233.93	249.04	267.54	280.98	253.66	320.45	373.88	454.90	476.43	480.50
	Earnings	3.99	7.14	5.53	5.28	6.74	14.89	18.55	15.50	13.74	14.13
	Cash flow	4.32	7.25	7.21	6.28	14.91	16.20	19.61	16.85	18.40	14.73
	Capex	(2.36)	(2.62)	(3.40)	(2.64)	(2.06)	(2.43)	(3.36)	(5.23)	(5.26)	(4.49)
	Free cash flow	1.96	4.64	3.81	3.64	12.85	13.77	16.25	11.62	13.14	10.24
	Book value	20.69	28.27	30.94	34.08	41.27	51.35	56.12	69.97	81.01	84.30
	Shares, m	86	86	85	82	81	80	74	68	67	66
Valuation, ×
Valuation, ×	P/E	13.08	6.70	7.29	9.51	8.79	7.19	6.14	10.37	11.09	11.73
	P/S	0.22	0.19	0.15	0.18	0.23	0.33	0.30	0.35	0.32	0.33
	P/B	2.53	1.69	1.30	1.47	1.44	2.09	2.03	2.29	1.88	1.88
	EV/Sales	0.32	0.29	0.25	0.28	0.31	0.39	0.36	0.40	0.38	0.40
	EV/FCF	37.76	15.64	17.30	21.55	6.21	9.04	8.25	15.75	13.61	18.55
Cash, $m
Cash, $m	Operating cash flow	371	623	614	518	1,202	1,292	1,459	1,145	1,231	975
	Capex	(203)	(225)	(290)	(218)	(166)	(194)	(250)	(355)	(352)	(297)
	Free cash flow	168	398	324	301	1,035	1,098	1,209	790	879	678
Balance, $m
Balance, $m	Working capital	164	26	47	(117)	(266)	(199)	(49)	22	(534)	(86)
	Total debt	1,877	2,163	2,217	2,360	1,690	1,474	1,622	1,629	1,852	2,166
	Net debt	1,853	2,118	2,177	2,332	1,640	1,373	1,516	1,533	1,768	2,101
	Shareholders’ equity	1,780	2,428	2,635	2,812	3,326	4,095	4,175	4,756	5,419	5,581
Returns, %
Returns, %	ROA	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
	ROE	18.97	29.15	18.61	16.00	17.71	32.01	33.37	24.83	19.05	17.01

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PAG Penske Automotive Group, Inc.	$13.9B	15.6×	12.7×	+5.98% (above 0%: growing)	+4.76% (above 0%: growing)	−11.32% (below 0%: shrinking)	15.94%	3.97%
KMX CarMax, Inc.	$7.5B	26.0×	20.1×	+19.46% (above 0%: growing)	+81.97% (above 0%: growing)	+23.18% (above 0%: growing)	10.15%	3.00%	Compare
LAD Lithia Motors, Inc.	$6.5B	9.8×	8.8×	+2.17% (above 0%: growing)	+16.92% (above 0%: growing)	−108.58% (below 0%: shrinking)	15.29%	4.58%	Compare
RUSHA Rush Enterprises, Inc.	$5.6B	20.0×	18.1×	−1.61% (below 0%: shrinking)	0.00%	−56.15% (below 0%: shrinking)	19.04%	5.12%	Compare
AN AutoNation, Inc.	$5.3B	7.5×	8.7×	−0.64% (below 0%: shrinking)	+138.50% (above 0%: growing)	+45.21% (above 0%: growing)	17.77%	4.60%	Compare
OPLN OPENLANE, Inc.	$4.5B	— (loss-making)	29.2×	+15.13% (above 0%: growing)	+106.25% (above 0%: growing)	−60.76% (below 0%: shrinking)	44.75%	16.80%	Compare
VVV Valvoline	$4.0B	39.3×	33.8×	+24.05% (above 0%: growing)	+15.91% (above 0%: growing)	+110.31% (above 0%: growing)	39.46%	20.60%	Compare
RUSHB Rush Enterprises, Inc.	$3.9B	25.3×	18.1×	−1.61% (below 0%: shrinking)	0.00%	−56.15% (below 0%: shrinking)	19.04%	5.12%	Compare
ABG Asbury Automotive Group, Inc.	$3.1B	6.3×	6.7×	+0.26% (above 0%: growing)	−19.43% (below 0%: shrinking)	−83.11% (below 0%: shrinking)	17.18%	5.01%	Compare
Median of peers	$4.9B	20.0×	18.1×	+1.22%	+16.42%	−56.15%	18.41%	5.07%

All 26 Auto & Truck Dealerships stocks →

Penske Automotive Group, Inc. (PAG) key facts

Penske Automotive Group, Inc. (PAG) is an Auto & Truck Dealerships company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, PAG traded at $212.42, a market capitalization of $13.9 billion.
Penske Automotive Group, Inc. pays an annual dividend of $5.64 per share, a yield of 2.66%, with a payout ratio of 41.5%.
Return on equity was 17.0% and debt-to-equity 0.43.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 3.02 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.