← PENSKE AUTOMOTIVE GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $20.1b |
$21.4b
+6.30%
|
$22.8b
+6.54%
|
$23.2b
+1.73%
|
$20.4b
-11.80%
|
$25.6b
+25.00%
|
$27.8b
+8.84%
|
$29.5b
+6.16%
|
$30.5b
+3.14%
|
$31.8b
+4.44%
|
$32.2b
+1.23%
|
|
| Cost of Revenue | $17.2b |
$18.2b
+5.90%
|
$19.4b
+6.64%
|
$19.7b
+1.83%
|
$17.3b
-12.49%
|
$21.1b
+22.33%
|
$23.0b
+8.82%
|
$24.6b
+7.04%
|
$25.4b
+3.45%
|
$26.6b
+4.52%
|
$27.0b
+1.53%
|
|
| Total cost of sales | $17.2b |
$18.2b
+5.90%
|
$19.4b
+6.64%
|
$19.7b
+1.83%
|
$17.3b
-12.49%
|
$21.1b
+22.33%
|
$23.0b
+8.82%
|
$24.6b
+7.04%
|
$25.4b
+3.45%
|
$26.6b
+4.52%
|
— | |
| Gross Profit | $3.0b |
$3.2b
+8.63%
|
$3.4b
+5.97%
|
$3.5b
+1.19%
|
$3.2b
-7.84%
|
$4.4b
+39.45%
|
$4.8b
+8.96%
|
$4.9b
+1.96%
|
$5.0b
+1.61%
|
$5.2b
+4.06%
|
$5.2b
-0.33%
|
|
| Selling, General and Administrative Expense | $2.3b | $2.5b | $2.6b | $2.7b | $2.4b | $3.0b | $3.2b | $3.4b | $3.5b | $3.8b | $3.8b | |
| Operating Lease, Expense | — | — | — | — | $231.8m | $237.9m | $243.3m | — | — | — | — | |
| Operating Income (Loss) | $574.9m |
$611.4m
+6.35%
|
$664.9m
+8.75%
|
$652.7m
-1.83%
|
$704.5m
+7.94%
|
$1.4b
+92.53%
|
$1.5b
+9.69%
|
$1.4b
-9.16%
|
$1.3b
-2.57%
|
$1.3b
-2.74%
|
$1.2b
-5.32%
|
|
| Floor plan interest expense | ($50.9m) | ($63.4m) | ($80.9m) | ($84.5m) | ($46.3m) | ($26.2m) | ($52.4m) | ($133.1m) | ($189.8m) | ($170.6m) | — | |
| Other interest expense | ($85.4m) | ($107.4m) | ($114.7m) | ($124.2m) | ($119.6m) | ($68.6m) | ($70.4m) | ($92.6m) | ($87.8m) | ($91.6m) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | ($11.4m) | $0 | $0 | — | — | — | |
| Gain on sale of dealership | — | — | — | — | — | — | — | $0 | $0 | $52.3m | — | |
| Income (Loss) from Equity Method Investments | $69.5m | $107.6m | $134.8m | $147.5m | $169.0m | $374.5m | $494.2m | $293.7m | $200.7m | $192.9m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $375.4m | $390.3m | $427.8m | $512.4m | $1.2b | $1.5b | $1.1b | $976.4m | $998.8m | $1.2b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $508.1m | $548.2m | $604.1m | $591.5m | $707.6m | $1.6b | $1.9b | $1.4b | $1.2b | $1.3b | $1.2b | |
| Current Income Tax Expense (Benefit) | ($1.5m) | $43.9m | $28.4m | $64.7m | ($31.6m) | $231.5m | $348.8m | $259.1m | $329.5m | $259.6m | $329.1m | |
| Income taxes | ($160.7m) | $64.8m | ($134.3m) | ($156.7m) | ($162.7m) | ($416.3m) | ($473.0m) | ($360.9m) | ($316.5m) | ($325.8m) | — | |
| Net Income (Loss) Attributable to Parent | $342.9m |
$613.3m
+78.86%
|
$471.0m
-23.20%
|
$435.8m
-7.47%
|
$543.6m
+24.74%
|
$1.2b
+118.51%
|
$1.4b
+16.18%
|
$1.1b
-23.68%
|
$918.9m
-12.75%
|
$935.4m
+1.80%
|
$906.0m
-3.14%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.5m | ($500k) | ($700k) | ($700k) | $1.7m | $4.9m | $6.2m | $5.4m | $4.5m | $2.5m | $906.0m | |
| Earnings Per Share, Basic | $3.99 | $7.14 | $5.53 | $5.28 | $6.74 | $14.89 | $18.55 | $15.50 | $13.74 | $14.13 | $13.77 | |
| Earnings Per Share, Diluted | $3.99 | $7.14 | $5.53 | $5.28 | $6.74 | $14.89 | $18.55 | $15.50 | $13.74 | $14.13 | $13.76 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $4 | $7 | $6 | $5 | $7 | $15 | $19 | $16 | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $4 | $7 | $6 | $5 | $7 | $15 | $19 | $16 | — | — | — | |
| Weighted Average Number of Shares Outstanding, Basic | 86.0m | 85.9m | 85.2m | 82.5m | 80.6m | 79.7m | 74.4m | 68.0m | 66.9m | 66.2m | 65.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 86.0m | 85.9m | 85.2m | 82.5m | 80.6m | 79.7m | 74.4m | 68.0m | 66.9m | 66.2m | 65.8m | |
| Additional Financial Items | ||||||||||||
| Depreciation | $89.7m | $95.1m | $103.7m | $109.6m | $115.5m | $121.5m | $127.3m | $141.0m | $158.0m | $172.3m | $178.8m | |
| Equity in earnings of affiliates | $69.5m | $107.6m | $134.8m | $147.5m | $169.0m | $374.5m | $494.2m | $293.7m | $200.7m | $192.9m | — | |
| Goodwill impairment charges | — | — | — | — | — | $0 | $0 | $40.7m | $0 | $0 | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $40.7m | $0 | $0 | $0 | |
| Less: Income attributable to non-controlling interests | $3.5m | ($500k) | ($700k) | ($700k) | $1.7m | $4.9m | $6.2m | $5.4m | $4.5m | $2.5m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $343.9m | $613.5m | $470.5m | $435.5m | $543.2m | $1.2b | $1.4b | $1.1b | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $347.4m | $613.0m | $469.8m | $434.8m | $544.9m | $1.2b | $1.4b | $1.1b | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($1.0m) | ($200k) | $500k | $300k | $400k | $1.3m | $0 | $0 | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.