← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $20.1b | $21.4b | $22.8b | $23.2b | $20.4b | $25.6b | $27.8b | $29.5b | $30.5b | $31.8b | |
| Cost of Revenue | $17.2b | $18.2b | $19.4b | $19.7b | $17.3b | $21.1b | $23.0b | $24.6b | $25.4b | $26.6b | |
| Total cost of sales | $17.2b | $18.2b | $19.4b | $19.7b | $17.3b | $21.1b | $23.0b | $24.6b | $25.4b | $26.6b | |
| Gross Profit | $3.0b | $3.2b | $3.4b | $3.5b | $3.2b | $4.4b | $4.8b | $4.9b | $5.0b | $5.2b | |
| Operating Income (Loss) | $574.9m | $611.4m | $664.9m | $652.7m | $704.5m | $1.4b | $1.5b | $1.4b | $1.3b | $1.3b | |
| Additional Financial Items | |||||||||||
| Depreciation | $89.7m | $95.1m | $103.7m | $109.6m | $115.5m | $121.5m | $127.3m | $141.0m | $158.0m | $172.3m | |
| 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 | |
| Gain (Loss) on Investments | — | — | — | — | — | ($11.4m) | $0 | $0 | — | — | |
| Gain on sale of dealership | — | — | — | — | — | — | — | $0 | $0 | $52.3m | |
| Goodwill impairment charges | — | — | — | — | — | $0 | $0 | $40.7m | $0 | $0 | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $40.7m | $0 | $0 | |
| 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 | |
| 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 | — | — | |
| 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 taxes | ($160.7m) | $64.8m | ($134.3m) | ($156.7m) | ($162.7m) | ($416.3m) | ($473.0m) | ($360.9m) | ($316.5m) | ($325.8m) | |
| 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 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 | |
| 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 | — | — | |
| Income before income taxes | $508.1m | $548.2m | $604.1m | $591.5m | $707.6m | $1.6b | $1.9b | $1.4b | $1.2b | $1.3b | |
| Net Income (Loss) Attributable to Parent | $342.9m | $613.3m | $471.0m | $435.8m | $543.6m | $1.2b | $1.4b | $1.1b | $918.9m | $935.4m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.5m | ($500k) | ($700k) | ($700k) | $1.7m | $4.9m | $6.2m | $5.4m | $4.5m | $2.5m | |
| Earnings Per Share, Basic | $3.99 | $7.14 | $5.53 | $5.28 | $6.74 | $14.89 | $18.55 | $15.50 | $13.74 | $14.13 | |
| Earnings Per Share, Diluted | $3.99 | $7.14 | $5.53 | $5.28 | $6.74 | $14.89 | $18.55 | $15.50 | $13.74 | $14.13 | |
| 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 | |
| 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 | |
| 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 | |
| Floor plan interest expense | ($50.9m) | ($63.4m) | ($80.9m) | ($84.5m) | ($46.3m) | ($26.2m) | ($52.4m) | ($133.1m) | ($189.8m) | ($170.6m) | |
| Operating Lease, Expense | — | — | — | — | $231.8m | $237.9m | $243.3m | — | — | — | |
| Other interest expense | ($85.4m) | ($107.4m) | ($114.7m) | ($124.2m) | ($119.6m) | ($68.6m) | ($70.4m) | ($92.6m) | ($87.8m) | ($91.6m) | |
| 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 | |
| Selling, general, and administrative expenses | $2.3b | $2.5b | $2.6b | $2.7b | $2.4b | $3.0b | $3.2b | $3.4b | $3.5b | $3.8b | |
| Income Tax Expense (Benefit) | $160.7m | ($64.8m) | $134.3m | $156.7m | $162.7m | $416.3m | $473.0m | $360.9m | $316.5m | $325.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.