Penske Automotive Group Income Statement
PAG / Consumer Discretionary|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Penske Automotive Group reported $31.8B in revenue and $935M in net income for FY2025. Revenue has grown at a 7.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $31.8B | $31.9B | $30.9B | $27.8B | $25.6B | $20.4B | $23.2B | $22.8B | $21.4B | $20.1B | $19.3B | $17.2B | $14.5B | $12.9B | $11.0B |
| Cost of Revenue | $26.6B | $26.6B | $25.8B | $23.0B | $21.1B | $17.3B | $19.7B | $19.4B | $18.2B | $17.2B | $16.4B | $14.7B | $12.3B | $10.9B | $9.3B |
| Gross Profit | $5.2B | $5.2B | $5.1B | $4.8B | $4.4B | $3.2B | $3.5B | $3.4B | $3.2B | $3.0B | $2.9B | $2.6B | $2.2B | $2.0B | $1.8B |
| SG&A Expense | $3.8B | $3.7B | $3.6B | $3.2B | $3.0B | $2.4B | $2.7B | $2.6B | $2.5B | $2.3B | $2.2B | $2.0B | $1.7B | $1.6B | $1.4B |
| Operating Income | $1.3B | $1.4B | $1.4B | $1.5B | $1.4B | $704.5M | $652.7M | $664.9M | $611.4M | $574.9M | $566.5M | $500.4M | $429.8M | $365.1M | $295.2M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $45.0M |
| Income Tax | $325.8M | $316.5M | $360.9M | $473.0M | $416.3M | $162.7M | $156.7M | $134.3M | -$64.8M | $160.7M | $158.0M | $153.1M | $123.3M | $94.6M | $71.8M |
| Net Income | $935.4M | $968.9M | $1.1B | $1.4B | $1.2B | $543.6M | $435.8M | $471.0M | $613.3M | $342.9M | $326.1M | $286.7M | $244.2M | $185.5M | $176.9M |
| EPS (Basic) | $16.31 | $18.55 | $14.89 | $6.74 | $5.28 | $5.53 | $7.14 | $3.99 | $3.63 | $3.17 | $2.71 | $2.05 | $1.94 | $1.18 | $0.84 |
| EPS (Diluted) | $16.31 | $18.55 | $14.89 | $6.74 | $5.28 | $5.53 | $7.14 | $3.99 | $3.63 | $3.17 | $2.70 | $2.05 | $1.94 | $1.18 | $0.83 |
| Shares Outstanding | 66.8M | 67.1M | 69.7M | 77.6M | 80.4M | 81.1M | 84.5M | 85.8M | 85.2M | 89.5M | 90.2M | 90.2M | 90.3M | 90.3M | 92.1M |
| Gross Margin | 16.4% | 16.4% | 16.7% | 17.4% | 17.4% | 15.6% | 14.9% | 15.0% | 15.1% | 14.8% | 14.9% | 15.0% | 15.2% | 15.3% | 15.9% |
| Operating Margin | 4.0% | 4.3% | 4.6% | 5.3% | 5.3% | 3.5% | 2.8% | 2.9% | 2.9% | 2.9% | 2.9% | 2.9% | 3.0% | 2.8% | 2.7% |
| Profit Margin | 2.9% | 3.0% | 3.6% | 5.0% | 4.7% | 2.7% | 1.9% | 2.1% | 2.9% | 1.7% | 1.7% | 1.7% | 1.7% | 1.4% | 1.6% |