PAGNYSERetail-Auto Dealers & Gasoline StationsFiscal year ends December 31
PENSKE AUTOMOTIVE GROUP, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$212.00−0.42 (-0.20%)
Close on Oct 19, 2026
- Market cap
- $13.94B
- P/E (TTM)
- 15.4
- Dividend yield
- 2.44%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
16.4%+0.8 pts over 5 years
Operating margin
4.0%+0.6 pts over 5 years
Net margin
2.9%+0.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.2% | +4.6% | +9.2% | +5.1% | |
| Gross profit | -0.0% | +2.5% | +10.4% | +6.2% | |
| Operating income | -6.5% | -4.9% | +12.7% | +8.5% | |
| Net income | -3.5% | -12.2% | +11.5% | +11.1% | |
| EPS, diluted | -2.5% | -8.7% | +16.0% | +14.6% | |
| Free cash flow | -23.7% | -17.9% | -8.5% | +12.6% | |
| Dividend per share | +26.7% | +35.8% | +43.9% | +18.6% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 19.4% | 17.8% | 17.1% | |
| Return on assets | 4.1% | 4.0% | 5.4% | |
| Current ratio | 1.04 | 0.94 | 0.99 | |
| Debt to equity | 1.07 | 0.51 | 0.39 | |
| Inventory turnover | 5.0× | 4.5× | 5.6× | |
| Capex to revenue | 1.0% | 0.9% | 1.0% | |
| Diluted shares | 86M | 81M | 66M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Penske Automotive generated $6.10B from operations and spent $4.45B on capital expenditure, dividends and share buybacks. 36% of that went back into the business.
Generated
$6.10B
Used
$4.45B
Capital expenditure$1.62B36%Dividends$1.10B25%Share buybacks$1.73B39%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.9%
×Asset turnover1.83×
×Equity multiplier3.17×
=Return on equity, FY202517.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.9% | 1.83× | 3.17× | 17.1% |
| FY2024 | 3.0% | 1.94× | 3.24× | 19.1% |
| FY2023 | 3.6% | 2.08× | 3.36× | 25.0% |
| FY2022 | 5.0% | 2.02× | 3.36× | 33.6% |
| FY2021 | 4.6% | 1.91× | 3.62× | 32.2% |
| FY2020 | 2.7% | 1.50× | 4.46× | 17.8% |
| FY2019 | 1.9% | 1.87× | 4.60× | 16.1% |
| FY2018 | 2.1% | 2.12× | 4.29× | 18.8% |
| FY2017 | 2.9% | 2.21× | 4.67× | 29.6% |
| FY2016 | 1.7% | 2.39× | 4.76× | 19.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$935.40M
- Cash generatingOperating cash flow above zero$975.10M
- Return on assets improvedROA up on the prior year6.2% → 5.5%
- Earnings backed by cashOperating cash flow above net income$975.10M vs $935.40M
- Less leverageLong-term debt to assets fell6.6% → 10.3%
- Better liquidityCurrent ratio rose0.92 → 0.99
- No dilutionShare count did not rise67M → 66M
- Gross margin improvedGross margin up on the prior year16.37% → 16.40%
- More efficientAsset turnover rose2.03 → 1.86