TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›PAG›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

PENSKE AUTOMOTIVE GROUP, INC. (PAG) financials

Income statement

PENSKE AUTOMOTIVE GROUP, INC. (PAG) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$20.1B$21.4B$22.8B$23.2B$20.4B$25.6B$27.8B$30.9B$31.9B$31.8B
Revenue growth—6.3%6.5%1.7%-11.8%25.0%8.8%11.2%3.1%-0.2%
Gross profit$2.97B$3.22B$3.41B$3.46B$3.18B$4.44B$4.84B$5.15B$5.22B$5.22B
Gross margin14.7%15.1%15.0%14.9%15.6%17.4%17.4%16.6%16.4%16.4%
Operating income$575M$611M$665M$653M$705M$1.36B$1.49B$1.41B$1.37B$1.28B
Operating margin2.9%2.9%2.9%2.8%3.4%5.3%5.3%4.6%4.3%4.0%
Net income$343M$613M$471M$436M$544M$1.19B$1.38B$1.11B$969M$935M
Net margin1.7%2.9%2.1%1.9%2.7%4.6%5.0%3.6%3.0%2.9%
EPS (diluted)$3.99$7.14$5.53$5.28$6.74$14.89$18.55$16.31$14.49$14.13

Cash flow

PENSKE AUTOMOTIVE GROUP, INC. (PAG) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$371M$623M$614M$518M$1.20B$1.29B$1.46B$1.15B$1.23B$975M
Capital expenditures$203M$247M$306M$245M$186M$249M$283M$386M$378M$325M
Free cash flow$168M$376M$309M$273M$1.02B$1.04B$1.18B$759M$853M$651M
Share buybacks$174M$18.5M$68.9M$169M$29.4M$281M$869M$359M$58.7M$159M
Dividends paid$95.1M$108M$121M$131M$68.1M$143M$154M$189M$274M$344M

Balance sheet

PENSKE AUTOMOTIVE GROUP, INC. (PAG) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$24.0M$45.7M$39.4M$28.1M$49.5M$101M$107M$96.4M$83.6M$64.7M
Total assets$8.83B$10.5B$10.9B$13.9B$13.2B$13.5B$14.1B$15.7B$17.1B$17.6B
Total liabilities$7.05B$8.11B$8.27B$11.1B$9.92B$9.37B$9.94B$10.9B$11.7B$12.0B
Long-term debt$1.83B$2.09B$2.12B$2.26B$1.60B$1.39B$1.55B$1.42B$1.13B$1.81B
Shareholders' equity$1.75B$2.40B$2.61B$2.79B$3.30B$4.07B$4.15B$4.73B$5.40B$5.56B
Retained earnings$1.50B$2.01B$2.37B$2.68B$3.15B$4.20B$4.48B$4.99B$5.76B$5.75B
Shares (wtd avg diluted)86.0M85.9M85.2M82.5M80.6M79.7M74.4M68.0M66.9M66.2M

Every figure is extracted from PENSKE AUTOMOTIVE GROUP, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is PENSKE AUTOMOTIVE GROUP, INC.'s annual revenue?
PENSKE AUTOMOTIVE GROUP, INC. (PAG) reported $31.8B of revenue for fiscal year 2025 — down 0.2% from $31.9B in FY2024, per its annual report filed with the SEC.
Is PENSKE AUTOMOTIVE GROUP, INC. profitable?
Yes — PAG earned $935M of net income in FY2025, a 2.9% net margin, per SEC filings.
What is PENSKE AUTOMOTIVE GROUP, INC.'s free cash flow?
$651M in FY2025 (operating cash flow $975M minus $325M of capital expenditures), from the SEC cash-flow statement.
Does PAG pay a dividend?
Yes — PENSKE AUTOMOTIVE GROUP, INC. paid $344M in cash dividends during FY2025, per its SEC cash-flow statement.
Full PAG analysis — verdict, score & filings →Is PAG a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.