PENSKE AUTOMOTIVE GROUP, INC.
Close on Oct 19, 2026
- Market cap
- $13.94B
- P/E (TTM)
- 15.4
- Dividend yield
- 2.44%
About Penske Automotive
Retail-Auto Dealers & Gasoline Stations, SIC 5500
The company operates as a diversified international transportation services company with core activities in retail automotive dealerships, commercial truck dealerships, and commercial vehicle distribution. Through its automotive dealerships, it retails new and used passenger vehicles, arranges third-party financing and insurance products, and provides maintenance, replacement parts, and collision repair services. Its commercial truck division retails medium- and heavy-duty trucks, primarily Freightliner and Western Star brands, alongside related maintenance, parts, and collision services. In addition, the company distributes commercial vehicles, engines, and power systems across on- and off-highway sectors such as trucking, mining, marine, and energy. Its customer base includes individual consumers, large commercial vehicle fleet operators, corporate accounts, public municipalities, and industrial clients.
Worldwide operations span the United States, the United Kingdom, Canada, Germany, Italy, Japan, Australia, and New Zealand. As of December 31, 2025, the company operates 365 retail automotive franchised dealerships, 15 used vehicle dealerships, and 45 commercial truck dealership locations across ten U.S. states and two Canadian provinces. Distribution networks support over 70 commercial vehicle dealership locations and more than 100 power system dealer locations in Australia, New Zealand, and portions of the Pacific, complemented by 20 regional facilities and 15 company-owned dealerships. The company employs over 27,700 people worldwide; however, the provided text does not state its headquarters location.
Summary of the business section of Penske Automotive's latest annual report, written by StockData.
Company profile
Company
- Legal name
- PENSKE AUTOMOTIVE GROUP, INC.
- Founded
- 1990
- Headquarters
- Bloomfield Hills, MI
- Address
- 2555 Telegraph Rd 48302-0954
- Phone
- (248) 648-2500
- Website
- www.penskeautomotive.com
- Employees
- 27,700, Dec 31, 2025
- Industry
- Retail-Auto Dealers & Gasoline Stations
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, Detroit, Michigan
Stock & identifiers
- Ticker
- PAG
- Exchange
- NYSE
- IPO date
- Oct 23, 1996
- Shares outstanding
- 66M, Jul 16, 2026
- Public float
- $3.09B, Jun 30, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 2-for-1, Jun 2, 2006
- SEC CIK
- 1019849
- CUSIP
- 70959W103
- ISIN
- US70959W1036
- LEI
- 549300W7UTQ0M4C7LB15
- EIN
- 22-3086739
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Roger S. Penske | Chair & CEO, Director | 34,333,500 |
| Robert H. Kurnick Jr | President, Director | 74,096 |
| Gregory W. Penske | Vice Chair, Director | 49,157 |
| Claude H. Denker III | EVP - Human Resources | 30,688 |
| Michelle Hulgrave | EVP & CFO | 17,596 |
| Shane M. Spradlin | EVP, Gen. Counsel & Sec. | 34,963 |
| Greg C. Smith | Director | 0 |
| Sandra E. Pierce | Director | 24,077 |
| Wolfgang Duerheimer | Director | – |
| Raymond E. Scott | Director | 0 |
| Lisa Ann Davis | Director | 3,017 |
| David Hoogendoorn | Director | 0 |
| Kimberly J. McWaters | Director | 0 |
| Michael R. Eisenson | Director | 74,591 |
| H. Brian Thompson | Director | 118,008 |
| Yosuke Kawakami | Director | 0 |
| John Barr | Director | 0 |
| Ronald G. Steinhart | Director | 51,912 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Penske | $8.77M | $10.02M | $2.32M | $299 | $193 |
| FY2024 Mr.Penske | $8.78M | $5.60M | $2.28M | $279 | $191 |
| FY2023 Mr.Penske | $7.43M | $21.78M | $1.78M | $287 | $166 |
| FY2022 Mr.Penske | $7.30M | $14.62M | $2.01M | $201 | $114 |
| FY2021 Mr.Penske | $6.98M | $26.78M | $1.98M | $184 | $131 |
| FY2020 Mr.Penske | $5.98M | $4.15M | $1.51M | $120 | $153 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed over 27,700 people, of which approximately 736 were covered by collective bargaining agreements with labor unions.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 15, 2017 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Dec 24, 2015 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Mar 19, 2013 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Jul 5, 2011 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Jun 26, 2007 | Name change | Name changed from UNITED AUTO GROUP INC to PENSKE AUTOMOTIVE GROUP, INC. |
| Mar 30, 2007 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Nov 10, 2005 | Late filing | Notification of late filing |
| May 2, 2002 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 1, 1998 | Late filing | Notification of late filing |
| Nov 12, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Sep 18, 1997 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 23, 1996 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 9, 1996 | Listing | Registration of securities on an exchange (Form 8-A) |