Penske Automotive Group

Penske Automotive Group, Inc. operates as an international transportation services company. Which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems and related parts & services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment consists of retail automotive dealership operations. The Retail Commercial Truck segment is the dealership operations of commercial trucks in the U.S. and Canada. The Other segment comprises commercial vehicle and power systems distribution operation and other non-automotive consolidated operations. The Non-Automotive Investments segment is the equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Penske Automotive Group achieves record revenue and anticipates growth opportunities

PAG delivered robust financial performance in 2022, with record revenue and earnings growth across key segments, reflecting operational excellence.
Strategic capital allocation, focus on operational efficiencies, and anticipation of increased demand position PAG for sustained growth and profitability.
Challenges with rising warranty expenses and market uncertainties underscore the need for prudent cost management and strategic decision-making.
Opportunities in parts and service growth, selective acquisitions, and operational enhancements offer avenues for future expansion and value creation.

Penske Automotive Group reports strong Q1 performance amidst supply challenges

PAG's Q1 performance reflects growth in total units delivered and revenue, with a strong focus on new vehicle sales and profitability. Challenges include supply constraints impacting inventory levels and maintenance costs. Opportunities exist in capitalizing on strong vehicle demand and enhancing operational efficiencies.

Penske Automotive Group reports robust Q2 performance and eyes acquisitions

PAG's Q2 results reflect strong performance in automotive and commercial truck segments, with a focus on cost control and capital allocation. Challenges in maintenance costs and potential pricing pressure are areas of concern. Opportunities lie in strategic acquisitions, rising freight rates, and market dynamics favoring electric vehicles.

Penske Automotive Group reports robust Q3 results amidst operational challenges

PAG showcased strong financial performance despite challenges from the hailstorm in Austin.
The company demonstrated resilience with strategic expansions and improvements in key segments.
Opportunities exist in service optimization, leasing growth, and addressing EV market challenges.
PAG's disciplined approach to capital allocation and operational efficiency underpins its financial strength.

Penske Automotive Group reports robust 2023 performance and eyes truck market expansion

Penske Automotive Group (PAG) delivered strong financial results in 2023, driven by revenue growth and strategic acquisitions. While facing challenges in PTS earnings and high-end car pricing, the company remains optimistic about opportunities in the premier truck segment and battery electric vehicles.

Penske Automotive Group reports revenue growth and strategic acquisitions

Penske Automotive Group (PAG) delivered a successful quarter with revenue growth, franchise expansions, and strategic acquisitions. Despite challenges in retail operations and interest costs, the company remains focused on optimizing profitability and capital allocation for continued growth in Q2.

Penske Automotive Group posts record Q2 revenue and operational growth

Penske Automotive Group demonstrated strong financial performance and operational resilience in Q2 2024, driven by record revenue and solid unit delivery growth.
The company's strategic focus on diversification, cost control, and employee engagement underpins its competitive strength and long-term sustainability.
While challenges persist in maintaining margins and addressing market complexities, Penske Automotive Group remains well-positioned to capitalize on growth opportunities and navigate industry shifts effectively.

Penske Automotive Group reports strong Q3 earnings and eyes international expansion

Penske Automotive Group (PAG) delivered a solid performance in Q3 2024, driven by revenue growth and strong operational results.
Despite challenges in the used car business and stop sale impacts, PAG maintained a consistent gross margin and focused on capital allocation strategies.
The company's international operations and agency system in Europe present promising opportunities for future growth and market expansion.
Overall, PAG's financial health, performance, and strategic focus position it well for continued success and shareholder value creation.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Penske Automotive Group, Inc. is an international transportation services company, which engages in the distribution of commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. It operates through the following segments: Retail Automotive, Retail Commercial Truck, Non-Automotive Investments, and Other. The Retail Automotive segment includes retail automotive dealership operations. The Retail Commercial Truck segment includes the dealership operations of commercial trucks in the U.S. and Canada. The Other segment focuses on the commercial vehicle and power systems distribution operation, and other non-automotive consolidated operations. The Non-Automotive Investments segment includes equity method investments in non-automotive operations. The company was founded in October 1992 and is headquartered in Bloomfield Hills, MI.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy Penske Automotive (PAG) Stock?

Alcoa

Celsius Holdings

Northern Oil and Gas

CELH, AA, NOG, and PAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 21, 2021.

Top Ranked Momentum Stocks to Buy for September 21st

Penske (PAG) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.

Why Penske (PAG) is Such a Great Value Stock Pick Right Now

Penske (PAG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover Penske (PAG)

Penske (PAG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Penske (PAG) Soars to 52-Week High, Time to Cash Out?

Vanguard Mega Cap Value ETF

Alpha Architec U.S. Quantitative Value ETF 

Invesco S&P SmallCap 600 Pure Value ETF

Vanguard Value ETF

Here is what you need to know about value investing.

Value Stocks & ETFs to Buy Now

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Penske Automotive (PAG) is a Top-Ranked Growth Stock: Should You Buy?

Penske (PAG) reported earnings 30 days ago. What's next for the stock?

Penske (PAG) Down 0.3% Since Last Earnings Report: Can It Rebound?

Cummins

Group 1 Automotive

Lear

Winnebago

Of late, CMI, PAG, LEA, GPI and WGO have impressed investors with dividend hike announcements. Should you consider adding them to your portfolio now?

Should You Buy These Auto Stocks on Dividend Hike Declarations?

Deere & Company

Jones Lang LaSalle

Robert Half Int.

Watts Water Technologies

Investors should buy dividend growth stocks like Jones Lang (JLL), Deere (DE), Robert Half (RHI), Penske Automotive (PAG) and Watts Water Technologies (WTS) amid volatility.

Buy These Top Dividend Growth Stocks Amid Volatility

Arch Resources

iShares U.S. Broker-Dealers & Securities Exchanges ETF

Marsh & McLennan

Invesco DWA Basic Materials Momentum ETF

SPDR S&P Retail ETF

Thanks to solid corporate earnings and a fresh large infrastructure bill, the Wall Street bulls are charging higher.

Bet on Top-Ranked Sectors With These ETFs & Stocks

Avery Dennison

Carriage Services

Nexstar Media Group

Texas Instruments

Investors could buy Penske Automotive (PAG), Nexstar Media (NXST), Avery Dennison (AVY), Texas Instruments (TXN) and Carriage Services (CSV) for safe and consistent income.

5 Dividend Growth Stocks to Buy Now for Assured Returns

Is Penske Automotive (PAG) Stock Undervalued Right Now?

Papa John's

TFI International

Encore Wire

TFII, PAG, WIRE, and PZZA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 2, 2021

Top Ranked Momentum Stocks to Buy for August 2nd

Penske Automotive (PAG) delivers a comprehensive beat in second-quarter 2021. Earnings and sales also witness a year-over-year jump of 698% and 91.4%, respectively.

Penske (PAG) Rallies 9.5% Since Q2 Earnings & Revenue Beat

Century Communities

Camping World Hlds

CCS, WIRE, CWH, and PAG made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 2, 2021.

Top Ranked Value Stocks to Buy for August 2nd

Penske Automotive Group, Inc. (PAG) CEO Roger Penske on Q2 2021 Results - Earnings Call Transcript

Penske Automotive Group Inc (NYSE: PAG) reported second-quarter FY21 sales growth of 91.4% year-on-year, to $6.99 billion, beating the analyst consensus of $6.01 billion. Same-store sales for new and used retail automotive units increased 81.7%.

Penske Automotive Q2 Results Beat Estimates

Shares of Penske Automotive Group (NYSE:PAG) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 698.21% year over year to $4.47, which beat the estimate of $2.12.

Recap: Penske Automotive Group Q2 Earnings

BLOOMFIELD HILLS, Mich., July 28, 2021 /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE:PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers, today announced second quarter and six months 2021 results.

Penske Automotive Reports All Time Record Second Quarter Results

Penske Automotive Group (NYSE:PAG) will be releasing its next round of earnings this Wednesday, July 28. For all of the relevant information, here is your guide for Wednesday's Q2 earnings announcement.

Penske Automotive Group's Earnings Outlook

ASML Hld

A Tech Stock Hitting a Fresh High and Automotive Company with a Diversified Business Model.

Top Stock Picks for Week of July 26, 2021

Penske's (PAG) Q2 results likely to reflect gains from rising contribution across all segments during the quarter.

Is a Beat in Store for Penske (PAG) This Earnings Season?

Ally Financial

Controladora Vuela Cia de Aviacion SAB de CV

VLRS, PAG, GPI, and ALLY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 23, 2021.

Top Ranked Momentum Stocks to Buy for July 23rd

BLOOMFIELD HILLS, Mich. and ATLANTA, July 22, 2021 /PRNewswire/ -- Penske Automotive Group, Inc., (NYSE:PAG) and Cox Automotive, Inc. ("CAI"), announced today they have jointly developed a transformational, fully automated technology platform to enable the online retail sale of used vehicles.

News for Penske Automotive Group Stock (PAG)