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Investment Highlights Market Valuation Price Chart Business Description Interactive Breakdown Latest Trefis Analyses Better Bets vs. PAG Recent Active Movers More From Trefis Peer Financials Peer Growth & Margins Peer Valuation Peer Returns Peer Analyses FDIC Bank Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Penske Automotive (PAG)

Market Price (9/17/2025): $177.93 | Market Cap: $11.9 Bil
Sector: Consumer Discretionary | Industry: Automotive Retail

Penske Automotive (PAG)

Market Price (9/17/2025): $177.93
Market Cap: $11.9 Bil
Sector: Consumer Discretionary
Industry: Automotive Retail

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 5.6%		 Weak multi-year price returns
2Y Excs Rtn is -32%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67%
1 Low stock price volatility
Vol 12M is 28%		  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 5.3%, FCF Yield is 5.6%
1 Low stock price volatility
Vol 12M is 28%
2 Weak multi-year price returns
2Y Excs Rtn is -32%
3 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67%

Market Valuation

 9/17/252024202320222021
Share Price CYE$177.93$149.05$152.94$107.48$98.40
Market Cap CYE ($ Bil)11.910.010.37.67.7
Total Debt ($ Bil)8.18.37.77.06.4
Total Cash ($ Bil)0.10.10.10.10.1
Enterprise Value ($ Bil)19.918.318.014.614.1
Valuation Ratios     
P/S TTM0.40.30.40.30.3
P/EBIT TTM7.66.76.64.35.0
P/E TTM12.511.110.46.27.2
Sector Ratios     
P/S TTM (Sector)0.80.80.90.81.3
P/EBIT TTM (Sector)7.26.97.05.57.4
P/E TTM (Sector)9.78.18.97.39.2
 9/17/2520242023
Share Price CYE$177.93$149.05$152.94
Market Cap CYE ($ Bil)11.910.010.3
Total Debt ($ Bil)8.18.37.7
Total Cash ($ Bil)0.10.10.1
Enterprise Value ($ Bil)19.918.318.0
Valuation Ratios   
P/S TTM0.40.30.4
P/EBIT TTM7.66.76.6
P/E TTM12.511.110.4
Sector Ratios   
P/S TTM (Sector)0.80.80.9
P/EBIT TTM (Sector)7.26.97.0
P/E TTM (Sector)9.78.18.9

Market Cap Chart

Business Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
PAG Return20%84%9%42%-3%19%304%
Peers Return32%114%-16%28%-1%19%254%
S&P 500 Return16%27%-19%24%23%12%104%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: KMX, LAD, CAR, ABG, ORLY. See PAG Returns vs. Peers.
[3] 2025 data is for the year up to 9/16/2025 (YTD)

Better Bets than Penske Automotive (PAG)

 PAGBetter Performance than PAG
MetricValueIndustry (Automotive Retail)
Rev Chg LTM3.3%ORLY (5.1%), AZO (5.2%), CVNA (39.5%), LAD (12.8%), GPI (19.8%)
Rev Chg 3Y Avg4.6%ORLY (7.6%), AZO (6.1%), CVNA (6.4%), LAD (13.5%), GPI (13.9%)
Op Mgn LTM4.3%ORLY (19.2%), AZO (19.6%), CVNA (9.2%), AN (4.6%), GPI (4.5%)
CFO/Rev LTM3.3%ORLY (17.0%), AZO (17.1%), CVNA (4.4%), KMX (3.9%), MUSA (4.3%)
FCF/Rev LTM2.2%ORLY (10.3%), AZO (10.6%), CVNA (3.8%), GPI (2.7%), VVV (2.7%)
Total Yield9.8%LAD (10.4%), KXIN (258222.5%)
 PAGBetter Performance than PAG
MetricValueAll Other Sectors
Rev Chg LTM3.3%NVDA (71.6%), MSFT (14.9%), AAPL (6.0%), GOOGL (13.1%), META (19.4%)
Rev Chg 3Y Avg4.6%NVDA (92.0%), MSFT (12.5%), GOOGL (10.2%), META (13.0%), AVGO (24.0%)
Op Mgn LTM4.3%NVDA (58.1%), MSFT (45.6%), AAPL (31.9%), GOOGL (32.7%), META (42.9%)
CFO/Rev LTM3.3%NVDA (46.6%), MSFT (48.3%), AAPL (26.6%), GOOGL (36.0%), META (56.4%)
FCF/Rev LTM2.2%NVDA (43.6%), MSFT (25.4%), AAPL (23.5%), GOOGL (18.0%), META (30.7%)
Total Yield9.8%WFC (9.8%), MRK (12.0%), VZ (16.0%), PFE (13.3%), TD (15.6%)

Latest Trefis Analyses

TitleTopicDate
0DASHBOARDS  
1Penske Automotive Earnings Notes  
2Penske Automotive vs UnitedHealth: Which Is A Better Investment?Counter-Intuitive Comparisons 
3Penske Automotive vs General Motors: Which Is A Better Investment?Counter-Intuitive Comparisons 
4Penske Automotive vs Lithia Motors: Which Is A Better Investment?Counter-Intuitive Comparisons 
5How Does PAG Stack Up Against Its Peers?Peer Comparison 
6Better Bet Than PAG Stock: Pay Less Than Penske Automotive To Get More From UNH, HCA   
7Better Bet Than PAG Stock: Pay Less Than Penske Automotive To Get More From CCL, LULU   
8PAG Dip Buy Analysis  
9Penske Automotive Total Shareholder Return (TSR): -2.5% in 2024 and 14.8% 3-yr compounded annual returns (above peer average)  
10Penske Automotive (PAG) Operating Cash Flow ComparisonFinancials 
11ARTICLES  
12Mid Cap Stocks Trading At 52-Week High August 27th, 2025
13Penske Automotive Looks Fairly Valued January 28th, 2021
14Lithia Motors Is Up 60% In 2020: Will The Gains Continue? November 4th, 2020
15Penske Automotive Down 26% from 2020 Peak, 10% Gain Possible Post-Covid? July 8th, 2020
16Why Has Penske Automotive Group Stock Rallied? November 14th, 2019
Title
0DASHBOARDS
1Mid Cap Stocks Trading At 52-Week High
2Penske Automotive Looks Fairly Valued
3Lithia Motors Is Up 60% In 2020: Will The Gains Continue?
4Penske Automotive Down 26% from 2020 Peak, 10% Gain Possible Post-Covid?
5Why Has Penske Automotive Group Stock Rallied?
6ARTICLES
7Penske Automotive Earnings Notes
8Penske Automotive vs UnitedHealth: Which Is A Better Investment?
9Penske Automotive vs General Motors: Which Is A Better Investment?
10Penske Automotive vs Lithia Motors: Which Is A Better Investment?
11How Does PAG Stack Up Against Its Peers?
12Better Bet Than PAG Stock: Pay Less Than Penske Automotive To Get More From UNH, HCA 
13Better Bet Than PAG Stock: Pay Less Than Penske Automotive To Get More From CCL, LULU 
14PAG Dip Buy Analysis
15Penske Automotive Total Shareholder Return (TSR): -2.5% in 2024 and 14.8% 3-yr compounded annual returns (above peer average)
16Penske Automotive (PAG) Operating Cash Flow Comparison

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

1 Month Top Gainers

#TickerCompany1M RtnYTD Rtn
1PMIPicard Medical11963.5%11963.5%
2GIBOGIBO9734.4% 
3CHSNChanson International7565.0%-99.3%
4LNZALanzaTech Global7287.5%-86.0%
5QMMMQMMM3031.7%6775.0%
6OESXOrion Energy Systems1497.9%22.9%
7CURXCuranex Pharmaceuticals1401.6%1401.6%
8ENTOEntero Therapeutics565.6%117.6%
9PTNMPitanium553.2% 
10WLDSWearable Devices449.5%-30.0%

1 Month Top Losers

#TickerCompany1M RtnYTD Rtn
1CJETChijet Motor-92.2%-95.0%
2STFSStar Fashion Culture-92.2%-97.8%
3ELPWElong Power-91.6%-76.7%
4NXTTNext Technology-89.6%-95.1%
5NAKAKindly MD-89.0% 
6BINIBollinger Innovations-88.9%-100.0%
7JEM707 Cayman-88.4%-98.2%
8YAASYouxin Technology-82.5%-98.3%
9NEONNeonode-82.0%-50.2%
10NVNOenVVeno Medical-81.5%-69.8%

Recent Active Movers

1 Week Top Gainers

#TickerCompany1W RtnYTD Rtn
1BDSXBiodesix1313.2%-78.6%
2CLSDClearside Biomedical954.0%-74.9%
3SDOTSadot624.1%-79.4%
4WLDSWearable Devices498.0%-30.0%
5CHEKCheck-Cap285.6%154.6%
6ATCHAtlasClear275.9%-91.0%
7HSDTHelius Medical Technologies262.5%-95.6%
8OPIOffice Properties Income Trust261.7%-13.4%
9FGIFGI Industries156.8%145.2%
10AIREReAlpha Tech154.0%-56.1%

1 Week Top Losers

#TickerCompany1W RtnYTD Rtn
1NAKAKindly MD-81.4% 
2ATYRaTyr Pharma-79.7%-70.2%
3LGCLLucas GC-73.6%-77.1%
4EPSMEpsium Enterprise-70.1% 
5BNGOBionano Genomics-59.4%-89.7%
6FAASDigiAsia-58.5%-87.2%
7QMMMQMMM-57.5%6775.0%
8VCIGVCI Global-56.9%-99.1%
9YYGHYY-56.6%-78.5%
10XAGELongevity Health-55.5%-86.1%

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Penske Automotive

Financials

PAGKMXLADCARABGORLYMedian
NamePenske A.CarMax Lithia M.Avis Bud.Asbury A.O'Reilly. 
Mkt Price178.0960.35332.09155.21243.01105.39166.65
Mkt Cap11.99.28.75.54.890.09.0
Rev LTM30,61226,78736,80511,20617,13617,12221,961
Op Inc LTM1,305-1661,547-2299713,2911,138
FCF LTM664541114-6,1994831,772512
FCF 3Y Avg863246-418-8,5963122,133279
CFO LTM1,0061,0424553,5487192,9081,024
CFO 3Y Avg1,212712-1213,8414993,117962

Growth & Margins

PAGKMXLADCARABGORLYMedian
NamePenske A.CarMax Lithia M.Avis Bud.Asbury A.O'Reilly. 
Rev Chg LTM3.3%3.2%12.8%-9.4%11.1%5.1%4.2%
Rev Chg 3Y Avg4.6%-6.9%13.5%1.4%14.6%7.6%6.1%
Rev Chg Q2.1%6.1%7.2%-16.6%-1.3%5.9%4.0%
QoQ Delta Rev Chg LTM0.5%1.6%1.7%-3.6%-0.3%1.5%1.0%
Op Mgn LTM4.3%-0.6%4.2%-2.0%5.7%19.2%4.2%
Op Mgn 3Y Avg4.7%-1.0%5.1%13.1%6.9%19.7%6.0%
QoQ Delta Op Mgn LTM-0.1%0.2%0.1%-4.4%-0.1%0.0%-0.0%
CFO/Rev LTM3.3%3.9%1.2%31.7%4.2%17.0%4.0%
CFO/Rev 3Y Avg4.1%2.6%-0.5%31.4%3.1%19.3%3.6%
FCF/Rev LTM2.2%2.0%0.3%-55.3%2.8%10.3%2.1%
FCF/Rev 3Y Avg2.9%0.9%-1.4%-70.1%1.9%13.3%1.4%

Valuation

PAGKMXLADCARABGORLYMedian
NamePenske A.CarMax Lithia M.Avis Bud.Asbury A.O'Reilly. 
Mkt Cap11.99.28.75.54.890.09.0
P/S0.40.30.20.50.35.30.4
P/EBIT7.65.64.6-2.05.827.25.7
P/E12.516.410.3-2.511.537.112.0
P/CFO11.88.819.21.56.630.910.3
Total Yield9.8%6.1%10.4%-40.5%8.7%2.7%7.4%
Dividend Yield1.8%0.0%0.6%0.0%0.0%0.0%0.0%
FCF Yield 3Y Avg7.9%2.3%-5.4%-170.5%6.4%3.4%2.8%
D/E0.72.11.64.81.00.11.3
Net D/E0.72.11.54.71.00.11.3

Returns

PAGKMXLADCARABGORLYMedian
NamePenske A.CarMax Lithia M.Avis Bud.Asbury A.O'Reilly. 
1M Rtn-1.3%4.5%10.4%-0.3%1.0%3.8%2.4%
3M Rtn6.0%-6.3%1.7%21.4%3.4%18.7%4.7%
6M Rtn21.8%-14.2%11.8%167.6%4.5%18.1%14.9%
12M Rtn17.5%-23.6%19.0%96.1%10.6%39.8%18.3%
3Y Rtn82.9%-28.8%42.9%10.9%54.9%127.9%48.9%
1M Excs Rtn-3.7%2.1%7.9%-2.7%-1.4%1.4%-0.0%
3M Excs Rtn-4.6%-17.9%-9.2%12.2%-8.2%10.1%-6.4%
6M Excs Rtn4.4%-32.4%-6.3%145.8%-12.9%0.9%-2.7%
12M Excs Rtn4.9%-39.0%5.8%102.8%-3.9%23.1%5.3%
3Y Excs Rtn10.3%-96.1%-30.1%-65.3%-20.1%56.8%-25.1%

Comparison Analyses

Financials

$ Mil | FY: 12/312025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q2
Period End3/31/202512/31/20249/30/20246/30/20243/31/202412/31/20239/30/20236/30/20233/31/202312/31/20229/30/20226/30/2022
Filing Date5/1/20252/21/202510/30/20247/31/20244/30/20242/16/202410/30/20237/27/20234/27/20232/21/202310/27/20227/28/2022
Key Financials Quarterly            
Total Revenue7,6047,7207,5917,6977,4487,2727,4487,4687,3397,0126,9216,907
Ebitda441428419431399355452489490468530557
Operating Income316334317338328306332381374336363388
Net Income244236226241215191263301298298340374
EPS3.663.543.393.613.212.843.924.414.314.214.614.93
Key Financials TTM            
Total Revenue TTM30,61230,45530,00729,86429,63629,52729,26728,74028,17827,81527,09926,676
Ebitda TTM1,7181,6761,6031,6371,6951,7861,8991,9772,0452,1092,1112,109
Operating Income TTM1,3051,3171,2891,3041,3461,3921,4211,4521,4591,4881,5091,524
Net Income TTM9489198739109701,0531,1601,2371,3101,3801,3931,408
Growth Rates Quarterly            
Total Revenue Growth2.1%6.2%1.9%3.1%1.5%3.7%7.6%8.1%5.2%11.4%6.5%-1.2%
EBITDA Growth10.6%20.3%-7.3%-12.0%-18.5%-24.1%-14.8%-12.2%-11.6%-0.3%0.4%6.9%
Operating Income Growth-3.7%8.9%-4.3%-11.2%-12.3%-8.7%-8.6%-1.8%-7.1%-5.8%-4.0%-3.7%
Net Income Growth13.5%24.0%-14.2%-19.8%-27.9%-36.0%-22.6%-19.6%-18.9%-4.3%-4.2%10.4%
Margins Quarterly            
EBITDA Margin5.8%5.5%5.5%5.6%5.4%4.9%6.1%6.6%6.7%6.7%7.7%8.1%
Operating Income Margin4.1%4.3%4.2%4.4%4.4%4.2%4.5%5.1%5.1%4.8%5.2%5.6%
Net Income Margin3.2%3.1%3.0%3.1%2.9%2.6%3.5%4.0%4.1%4.2%4.9%5.4%
Cash & Debt            
Total Cash11872921151179610412010110692155
Total Debt8,0998,2698,4898,3057,9407,7377,0527,2246,9006,9546,5446,284
Net Debt / (Cash)7,9818,1968,3978,1907,8247,6406,9477,1046,7996,8486,4526,129
Cash Flows Quarterly            
FCF from Operations28321827123545671418293311251329499
Cash Flows TTM            
FCF from Operations TTM1,0061,1801,0341,1801,2381,0941,2731,1841,3901,4591,1711,256
Returns to Shareholders Quarterly            
Dividends828072645953494542403938
Share Repurchases401-025331813218110284309156
Return on Invested Capital (ROIC) Quarterly            
ROIC11.5%12.3%11.3%12.3%12.3%12.0%14.2%16.2%16.2%14.9%16.4%19.0%
Return on Invested Capital (ROIC) TTM            
ROIC TTM12.1%12.0%11.4%11.8%12.8%13.6%15.3%15.2%16.0%16.2%17.4%18.6%

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Retail Automotive25,20923,69522,51317,92920,616
Retail Commercial Truck3,6843,5412,4662,0612,050
Other634579576454513
Non-Automotive Investments000  
Total29,52727,81525,55520,44423,179


Price Behavior

PAG Betas & Captures as of 8/31/2025

 1M2M3M6M1Y3Y
Beta0.510.620.680.750.780.91
Up Beta1.581.111.350.890.931.04
Down Beta-0.85-1.19-0.250.420.440.63
Up Capture114%94%82%80%78%88%
Bmk +ve Days10223571142415
Stock +ve Days12223462118375
Down Capture-52%91%36%83%91%99%
Bmk -ve Days11192754106334
Stock -ve Days9202964131376

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Short Interest

Short Interest: As Of Date8292025
Short Interest: Shares Quantity1,374,273
Short Interest: % Change Since 8152025-2.1%
Average Daily Volume203,595
Days-to-Cover Short Interest6.75
Basic Shares Quantity66,772,412
Short % of Basic Shares2.1%

Returns Analyses

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/30/20250.4%6.8%12.9%
4/30/2025-0.0%-0.4%6.3%
2/13/2025-0.8%-7.0%-14.3%
10/29/2024-1.7%-2.5%8.4%
7/31/2024-1.6%-8.5%-2.0%
4/30/2024-0.6%0.2%-1.0%
2/7/2024-0.2%2.1%3.3%
10/25/20232.2%3.8%8.9%
...
SUMMARY STATS   
# Positive101417
# Negative14107
Median Positive2.0%5.4%8.4%
Median Negative-1.3%-3.3%-3.2%
Max Positive8.1%15.8%31.7%
Max Negative-6.6%-8.5%-14.3%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025731202510-Q 6/30/2025
3312025501202510-Q 3/31/2025
12312024221202510-K 12/31/2024
93020241030202410-Q 9/30/2024
6302024731202410-Q 6/30/2024
3312024430202410-Q 3/31/2024
12312023216202410-K 12/31/2023
93020231030202310-Q 9/30/2023
6302023727202310-Q 6/30/2023
3312023427202310-Q 3/31/2023
12312022221202310-K 12/31/2022
93020221027202210-Q 9/30/2022
6302022728202210-Q 6/30/2022
3312022428202210-Q 3/31/2022
12312021218202210-K 12/31/2021
93020211028202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value		Value of
Held Shares		Form
0Pierce Sandra E.8292025Sell187.051,604300,028285,999Form
1Hulgrave MichelleEVP & CFO8202025Sell182.551,100200,8063,454,221Form
2Davis Lisa Ann 8202025Sell180.741,604289,907276,351Form
3Spradlin Shane M.EVP, Gen. Counsel & Sec.8152025Sell184.303,000552,9046,109,960Form
4Spradlin Shane M.EVP, Gen. Counsel & Sec.6112025Sell167.103,158527,7056,041,032Form

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