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10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q3 2022
Filing Information
Form Type 10-Q
Accession Number 0001019849-22-000082
Period End Date 20220930
Filing Date 20221027
Fiscal Year 2022
Fiscal Period Q3
XBRL Instance pag-20220930_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $6.80M USD Point-in-time
Accounts receivable, allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $6.30M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $92.30M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.70M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $6.3 and $6.8 ReceivablesNetCurrent $734.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $6.3 and $6.8 ReceivablesNetCurrent $831.30M USD Point-in-time
Inventories InventoryNet $3.15B USD Point-in-time
Inventories InventoryNet $3.13B USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $111.70M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $139.80M USD Point-in-time
Total current assets AssetsCurrent $4.08B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total current assets AssetsCurrent $4.21B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 240.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 240.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.42B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.44B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 72.20M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 77.57M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.45B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.39B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 72.20M shares Point-in-time
Goodwill Goodwill $2.11B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 77.57M shares Point-in-time
Goodwill Goodwill $2.12B USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $641.50M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $681.10M USD Point-in-time
Equity method investments EquityMethodInvestments $1.69B USD Point-in-time
Equity method investments EquityMethodInvestments $1.73B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $47.60M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $41.90M USD Point-in-time
Total assets Assets $13.59B USD Point-in-time
Total assets Assets $13.46B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.38B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.14B USD Point-in-time
Floor plan notes payable non-trade FloorPlanNotesPayableNonTrade $1.21B USD Point-in-time
Floor plan notes payable non-trade FloorPlanNotesPayableNonTrade $1.41B USD Point-in-time
Accounts payable AccountsPayableCurrent $767.10M USD Point-in-time
Accounts payable AccountsPayableCurrent $828.00M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $870.30M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $813.20M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $82.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $76.00M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $500.00K USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent - USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.27B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.31B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.39B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.56B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $2.37B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $2.31B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $1.11B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $1.06B USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $200.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $269.00M USD Point-in-time
Total liabilities Liabilities $9.50B USD Point-in-time
Total liabilities Liabilities $9.37B USD Point-in-time
Commitments and contingent liabilities (Note 10) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 10) CommitmentsAndContingencies - USD Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding PreferredStockValue - USD Point-in-time
Common stock CommonStockValue - USD Point-in-time
Common stock CommonStockValue - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock - USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $42.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.50B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $4.20B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-441.00M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-168.80M USD Point-in-time
Total Penske Automotive Group stockholders equity StockholdersEquity $4.07B USD Point-in-time
Total Penske Automotive Group stockholders equity StockholdersEquity $4.06B USD Point-in-time
Non-controlling interest MinorityInterest $24.50M USD Point-in-time
Non-controlling interest MinorityInterest $25.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.22B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.87B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.76B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.33B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.59B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.46B USD Point-in-time
Income Statement 124 line items
Line Item Tag Value Unit Period
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $19.26B USD 3 Qtrs
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.50B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $6.92B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $20.80B USD 3 Qtrs
Total cost of sales CostOfGoodsAndServicesSold $16.00B USD 3 Qtrs
Total cost of sales CostOfGoodsAndServicesSold $5.33B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $5.73B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $17.15B USD 3 Qtrs
Gross profit GrossProfit $3.26B USD 3 Qtrs
Gross profit GrossProfit $3.66B USD 3 Qtrs
Gross profit GrossProfit $1.17B USD 1 Quarter
Gross profit GrossProfit $1.19B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.17B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $792.70M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $757.70M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.41B USD 3 Qtrs
Depreciation Depreciation $89.70M USD 3 Qtrs
Depreciation Depreciation $30.20M USD 1 Quarter
Depreciation Depreciation $31.50M USD 1 Quarter
Depreciation Depreciation $95.10M USD 3 Qtrs
Operating income OperatingIncomeLoss $362.70M USD 1 Quarter
Operating income OperatingIncomeLoss $1.00B USD 3 Qtrs
Operating income OperatingIncomeLoss $377.80M USD 1 Quarter
Operating income OperatingIncomeLoss $1.15B USD 3 Qtrs
Floor plan interest expense FloorPlanInterestExpense $23.40M USD 3 Qtrs
Floor plan interest expense FloorPlanInterestExpense $30.30M USD 3 Qtrs
Floor plan interest expense FloorPlanInterestExpense $13.80M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $6.00M USD 1 Quarter
Other interest expense InterestExpenseOther $51.40M USD 3 Qtrs
Other interest expense InterestExpenseOther $17.90M USD 1 Quarter
Other interest expense InterestExpenseOther $16.20M USD 1 Quarter
Other interest expense InterestExpenseOther $53.80M USD 3 Qtrs
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Debt redemption costs GainsLossesOnExtinguishmentOfDebt $-17.00M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $136.20M USD 1 Quarter
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $281.50M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $393.80M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $120.50M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $476.10M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.46B USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.19B USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $467.20M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $120.10M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $308.00M USD 3 Qtrs
Income taxes IncomeTaxExpenseBenefit $125.70M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $377.50M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.09B USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $356.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $341.50M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $879.40M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $400.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Net income ProfitLoss $879.80M USD 3 Qtrs
Net income ProfitLoss $341.50M USD 1 Quarter
Net income ProfitLoss $356.30M USD 1 Quarter
Net income ProfitLoss $1.09B USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.40M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.20M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $4.90M USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.30M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $876.50M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $355.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $1.08B USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $340.10M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.46 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.61 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $10.91 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $14.32 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $14.32 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $10.92 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $4.47 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $4.61 USD 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 80.27M shares 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 79.50M shares 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 73.74M shares 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 75.58M shares 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $14.31 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $10.91 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.46 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.61 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $4.47 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $10.92 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $14.31 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $4.61 USD 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 73.76M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 79.52M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 75.60M shares 3 Qtrs
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 80.30M shares 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $1.09B USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $356.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $341.50M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $879.40M USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.40M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.20M USD 1 Quarter
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $4.90M USD 3 Qtrs
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.30M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $340.10M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $1.08B USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $354.80M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $876.10M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $400.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $876.50M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $355.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $1.08B USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $340.10M USD 1 Quarter
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.53 USD 1 Quarter
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.50 USD 3 Qtrs
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.32 USD 3 Qtrs
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.45 USD 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Repayment of sellers' floor plan notes payable dealership acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $24.30M USD 3 Qtrs
Repayment of sellers' floor plan notes payable dealership acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $51.30M USD 3 Qtrs
Net income ProfitLoss $879.80M USD 3 Qtrs
Net income ProfitLoss $341.50M USD 1 Quarter
Net income ProfitLoss $356.30M USD 1 Quarter
Net income ProfitLoss $1.09B USD 3 Qtrs
Depreciation Depreciation $89.70M USD 3 Qtrs
Depreciation Depreciation $30.20M USD 1 Quarter
Depreciation Depreciation $31.50M USD 1 Quarter
Depreciation Depreciation $95.10M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $266.30M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $203.40M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $400.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity - USD 1 Quarter
Deferred income taxes DeferredIncomeTaxExpenseBenefit $113.70M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $126.30M USD 3 Qtrs
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Debt redemption costs GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Debt redemption costs GainsLossesOnExtinguishmentOfDebt $-17.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $137.70M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $-69.40M USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $196.90M USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $-863.60M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $337.90M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $-818.30M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $290.50M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $145.80M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-29.70M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-16.20M USD 3 Qtrs
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.21B USD 3 Qtrs
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $1.33B USD 3 Qtrs
Purchases of property, equipment, and improvements PaymentsToAcquireProductiveAssets $157.50M USD 3 Qtrs
Purchases of property, equipment, and improvements PaymentsToAcquireProductiveAssets $195.70M USD 3 Qtrs
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses - USD 3 Qtrs
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $4.30M USD 3 Qtrs
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $54.90M USD 3 Qtrs
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $12.30M USD 3 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $51.3 and $24.3, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $278.00M USD 3 Qtrs
Acquisitions net, including repayment of sellers floor plan notes payable of $51.3 and $24.3, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $393.40M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-200.00K USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $7.50M USD 3 Qtrs
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivities $-584.30M USD 3 Qtrs
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivities $-376.10M USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.49B USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.51B USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.51B USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.59B USD 3 Qtrs
Net borrowings (repayments) of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $-152.50M USD 3 Qtrs
Net borrowings (repayments) of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $186.00M USD 3 Qtrs
Net repayments of floor plan notes payable non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNontrade $-288.90M USD 3 Qtrs
Net repayments of floor plan notes payable non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNontrade $-85.50M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $584.80M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $206.90M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $106.30M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $113.60M USD 3 Qtrs
Payment of debt issuance costs PaymentsOfFinancingCosts $300.00K USD 3 Qtrs
Payment of debt issuance costs PaymentsOfFinancingCosts $6.10M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-12.80M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-17.10M USD 3 Qtrs
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivities $-615.30M USD 3 Qtrs
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivities $-881.50M USD 3 Qtrs
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $400.00K USD 3 Qtrs
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $400.00K USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-3.50M USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-17.00M USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-8.40M USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $69.70M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $100.70M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.30M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $119.20M USD Point-in-time
Cash and cash equivalents, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.50M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $100.70M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.30M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $119.20M USD Point-in-time
Cash and cash equivalents, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.50M USD Point-in-time
Interest InterestPaidNet $76.80M USD 3 Qtrs
Interest InterestPaidNet $79.80M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $253.80M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $44.50M USD 3 Qtrs
Stockholders Equity 44 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.22B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.87B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.76B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.33B USD Point-in-time
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $6.30M USD 1 Quarter
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $18.80M USD 3 Qtrs
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $5.70M USD 1 Quarter
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $20.90M USD 3 Qtrs
Repurchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $602.00M USD 3 Qtrs
Repurchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $219.80M USD 3 Qtrs
Repurchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $178.90M USD 1 Quarter
Repurchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $309.40M USD 1 Quarter
Dividends DividendsCash $39.20M USD 1 Quarter
Dividends DividendsCash $106.30M USD 3 Qtrs
Dividends DividendsCash $113.60M USD 3 Qtrs
Dividends DividendsCash $36.10M USD 1 Quarter
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $300.00K USD 1 Quarter
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.80M USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 1 Quarter
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $500.00K USD 1 Quarter
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.90M USD 3 Qtrs
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $600.00K USD 1 Quarter
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.30M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-40.70M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-42.60M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-132.40M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-281.20M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $-500.00K USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $6.90M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $2.40M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $6.60M USD 3 Qtrs
Net income ProfitLoss $879.80M USD 3 Qtrs
Net income ProfitLoss $341.50M USD 1 Quarter
Net income ProfitLoss $356.30M USD 1 Quarter
Net income ProfitLoss $1.09B USD 3 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.22B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.87B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.76B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $4.09B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.33B USD Point-in-time
Comprehensive Income 48 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $879.80M USD 3 Qtrs
Net income ProfitLoss $341.50M USD 1 Quarter
Net income ProfitLoss $356.30M USD 1 Quarter
Net income ProfitLoss $1.09B USD 3 Qtrs
Unrealized gain arising during the period, net of tax provision OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $1.10M USD 3 Qtrs
Unrealized gain arising during the period, net of tax provision OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax - USD 1 Quarter
Unrealized gain arising during the period, net of tax provision OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax - USD 3 Qtrs
Unrealized gain arising during the period, net of tax provision OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax - USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-300.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-40.70M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-42.60M USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-132.40M USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-100.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-281.20M USD 3 Qtrs
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, $0.0, and $1.1, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax - USD 1 Quarter
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, $0.0, and $1.1, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax - USD 3 Qtrs
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, $0.0, and $1.1, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax - USD 1 Quarter
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, $0.0, and $1.1, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $3.00M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.3, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-800.00K USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.3, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-300.00K USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.3, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax - USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.0, $0.1, $0.0, and $0.3, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax - USD 1 Quarter
Unrealized gain on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $300.00K USD 1 Quarter
Unrealized gain on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 3 Qtrs
Unrealized gain on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $3.80M USD 3 Qtrs
Unrealized gain on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $6.60M USD 3 Qtrs
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $2.40M USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-500.00K USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $6.90M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-42.80M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-30.30M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-130.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-274.30M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $313.50M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $211.50M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $812.60M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $849.50M USD 3 Qtrs
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $500.00K USD 1 Quarter
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.80M USD 3 Qtrs
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $800.00K USD 1 Quarter
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.60M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $846.90M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $211.00M USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $809.80M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $312.70M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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