10-K Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001019849-24-000033`
Period End Date	20231231
Filing Date	20240216
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	pag-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 99 Cash Flow Statement 119 Stockholders Equity 39 Comprehensive Income 36

Balance Sheet 88 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`	$6.60M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$106.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.40M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $6.8 and $6.6	`ReceivablesNetCurrent`	$906.70M	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 $6.8 and $6.6	`ReceivablesNetCurrent`	$1.11B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventories	`InventoryNet`	$3.51B	USD	Point-in-time
Inventories	`InventoryNet`	$4.29B	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	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`	$175.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$141.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$5.68B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.66B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.50B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.77B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	240.00M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	67.11M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	69.68M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.41B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.42B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	67.11M	shares	Point-in-time
Goodwill	`Goodwill`	$2.23B	USD	Point-in-time
Goodwill	`Goodwill`	$2.15B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	69.68M	shares	Point-in-time
Goodwill	`Goodwill`	$2.12B	USD	Point-in-time
Other indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$641.50M	USD	Point-in-time
Other indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$690.90M	USD	Point-in-time
Other indefinite-lived intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$748.20M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.64B	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.77B	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$63.10M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$55.30M	USD	Point-in-time
Total assets	`Assets`	$14.11B	USD	Point-in-time
Total assets	`Assets`	$15.67B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$1.57B	USD	Point-in-time
Floor plan notes payable	`FloorPlanNotesPayable`	$2.26B	USD	Point-in-time
Floor plan notes payable non-trade	`FloorPlanNotesPayableNonTrade`	$1.52B	USD	Point-in-time
Floor plan notes payable non-trade	`FloorPlanNotesPayableNonTrade`	$1.43B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$853.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$866.90M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$809.80M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$788.10M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$209.70M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$75.20M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.71B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.66B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.42B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.55B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.34B	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.34B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.12B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$1.23B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$223.10M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$270.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$10.92B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.94B	USD	Point-in-time
Commitments and contingent liabilities (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingent liabilities (Note 11)	`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`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.48B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.99B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-264.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-335.30M	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$4.73B	USD	Point-in-time
Total Penske Automotive Group stockholders' equity	`StockholdersEquity`	$4.15B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$29.40M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$26.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.17B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.76B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.11B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.67B	USD	Point-in-time

Income Statement 99 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$29.53B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$27.81B	USD	Annual
Total revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.55B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$21.11B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$24.59B	USD	Annual
Total cost of sales	`CostOfGoodsAndServicesSold`	$22.98B	USD	Annual
Gross profit	`GrossProfit`	$4.93B	USD	Annual
Gross profit	`GrossProfit`	$4.84B	USD	Annual
Gross profit	`GrossProfit`	$4.44B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.22B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.40B	USD	Annual
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.96B	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	$40.70M	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	-	USD	Annual
Depreciation	`Depreciation`	$141.00M	USD	Annual
Depreciation	`Depreciation`	$121.50M	USD	Annual
Depreciation	`Depreciation`	$127.30M	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.49B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.36B	USD	Annual
Operating income	`OperatingIncomeLoss`	$1.35B	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$133.10M	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$52.40M	USD	Annual
Floor plan interest expense	`FloorPlanInterestExpense`	$26.20M	USD	Annual
Other interest expense	`InterestExpenseOther`	$92.60M	USD	Annual
Other interest expense	`InterestExpenseOther`	$68.60M	USD	Annual
Other interest expense	`InterestExpenseOther`	$70.40M	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	$-17.00M	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on investment	`GainLossOnInvestments`	-	USD	Annual
Loss on investment	`GainLossOnInvestments`	-	USD	Annual
Loss on investment	`GainLossOnInvestments`	$-11.40M	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$374.50M	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$494.20M	USD	Annual
Equity in earnings of affiliates	`IncomeLossFromEquityMethodInvestments`	$293.70M	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.42B	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.61B	USD	Annual
Income from continuing operations before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.86B	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$473.00M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$360.90M	USD	Annual
Income taxes	`IncomeTaxExpenseBenefit`	$416.30M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.06B	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.30M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$1.19B	USD	Annual
Net income	`ProfitLoss`	$1.39B	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.20M	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.90M	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.19B	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.05B	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.38B	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$15.50	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$18.55	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$14.88	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.01	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$18.55	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$15.50	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareBasic`	$14.89	USD	Annual
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	74.39M	shares	Annual
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.96M	shares	Annual
Shares used in determining basic earnings per share (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	79.75M	shares	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$18.55	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$15.50	USD	Annual
Continuing operations (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$14.88	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
Discontinued operations (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.01	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$14.89	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$18.55	USD	Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share)	`EarningsPerShareDiluted`	$15.50	USD	Annual
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.75M	shares	Annual
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.96M	shares	Annual
Shares used in determining diluted earnings per share (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	74.39M	shares	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.06B	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.40M	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.20M	USD	Annual
Less: Income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$4.90M	USD	Annual
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$1.19B	USD	Annual
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$1.38B	USD	Annual
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$1.05B	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.30M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.19B	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.05B	USD	Annual
Net income attributable to Penske Automotive Group common stockholders	`NetIncomeLoss`	$1.38B	USD	Annual
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.78	USD	Annual
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.78	USD	Annual
Cash dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.07	USD	Annual

Cash Flow Statement 119 line items

Line Item	Tag	Value	Unit	Period
Repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayable`	$24.30M	USD	Annual
Repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayable`	$43.00M	USD	Annual
Repayment of sellers' floor plan notes payable	`RepaymentOfSellersFloorPlanNotesPayable`	$51.30M	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$1.19B	USD	Annual
Net income	`ProfitLoss`	$1.39B	USD	Annual
Depreciation	`Depreciation`	$141.00M	USD	Annual
Depreciation	`Depreciation`	$121.50M	USD	Annual
Depreciation	`Depreciation`	$127.30M	USD	Annual
Loss on investment	`GainLossOnInvestments`	-	USD	Annual
Loss on investment	`GainLossOnInvestments`	-	USD	Annual
Loss on investment	`GainLossOnInvestments`	$-11.40M	USD	Annual
Earnings of equity method investments, net of distributions	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$234.90M	USD	Annual
Earnings of equity method investments, net of distributions	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$174.60M	USD	Annual
Earnings of equity method investments, net of distributions	`IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions`	$183.30M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$1.30M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$101.80M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$124.20M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$184.80M	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	$-17.00M	USD	Annual
Debt redemption costs	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	-	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	$40.70M	USD	Annual
Impairment charges	`GoodwillImpairmentLoss`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$194.70M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$192.90M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$-75.60M	USD	Annual
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$666.20M	USD	Annual
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$-402.60M	USD	Annual
Inventories	`IncreaseDecreaseInRetailRelatedInventories`	$444.40M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$487.10M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$659.70M	USD	Annual
Floor plan notes payable	`IncreaseDecreaseInFloorPlanNotesPayable`	$-628.60M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-13.00M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$81.70M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$139.00M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-140.30M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-12.20M	USD	Annual
Other	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-73.10M	USD	Annual
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.46B	USD	Annual
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.09B	USD	Annual
Net cash provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.29B	USD	Annual
Purchases of property, equipment, and improvements	`PaymentsToAcquireProductiveAssets`	$248.90M	USD	Annual
Purchases of property, equipment, and improvements	`PaymentsToAcquireProductiveAssets`	$375.30M	USD	Annual
Purchases of property, equipment, and improvements	`PaymentsToAcquireProductiveAssets`	$282.50M	USD	Annual
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$4.30M	USD	Annual
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	-	USD	Annual
Proceeds from sale of dealerships	`ProceedsFromDivestitureOfBusinesses`	$13.10M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$54.90M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$32.30M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$30.70M	USD	Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $24.3, $51.3, and $43.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$214.90M	USD	Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $24.3, $51.3, and $43.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$393.40M	USD	Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $24.3, $51.3, and $43.0, respectively	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$431.80M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$1.60M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$12.80M	USD	Annual
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$11.20M	USD	Annual
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-572.30M	USD	Annual
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-623.10M	USD	Annual
Net cash used in continuing investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-641.70M	USD	Annual
Proceeds from borrowings under revolving U.S. credit agreement and mortgage facilities	`ProceedsFromLongTermLinesOfCredit`	$3.15B	USD	Annual
Proceeds from borrowings under revolving U.S. credit agreement and mortgage facilities	`ProceedsFromLongTermLinesOfCredit`	$2.10B	USD	Annual
Proceeds from borrowings under revolving U.S. credit agreement and mortgage facilities	`ProceedsFromLongTermLinesOfCredit`	$1.86B	USD	Annual
Repayments under revolving U.S. credit agreement and mortgage facilities	`RepaymentsOfLongTermLinesOfCredit`	$1.96B	USD	Annual
Repayments under revolving U.S. credit agreement and mortgage facilities	`RepaymentsOfLongTermLinesOfCredit`	$2.10B	USD	Annual
Repayments under revolving U.S. credit agreement and mortgage facilities	`RepaymentsOfLongTermLinesOfCredit`	$3.23B	USD	Annual
Net borrowings (repayments) of other debt	`ProceedsFromRepaymentsOfOtherDebt`	$73.20M	USD	Annual
Net borrowings (repayments) of other debt	`ProceedsFromRepaymentsOfOtherDebt`	$-104.20M	USD	Annual
Net borrowings (repayments) of other debt	`ProceedsFromRepaymentsOfOtherDebt`	$160.10M	USD	Annual
Net borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNontrade`	$38.90M	USD	Annual
Net borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNontrade`	$82.90M	USD	Annual
Net borrowings of floor plan notes payable non-trade	`NetBorrowingsRepaymentsOfFloorPlanNotesPayableNontrade`	$46.50M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$358.70M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$280.60M	USD	Annual
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$869.30M	USD	Annual
Payments of tax withholding for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$17.20M	USD	Annual
Payments of tax withholding for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$12.90M	USD	Annual
Payments of tax withholding for stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$23.50M	USD	Annual
Dividends	`PaymentsOfDividendsCommonStock`	$154.10M	USD	Annual
Dividends	`PaymentsOfDividendsCommonStock`	$189.10M	USD	Annual
Dividends	`PaymentsOfDividendsCommonStock`	$142.50M	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$2.10M	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$6.30M	USD	Annual
Payment of debt issuance costs	`PaymentsOfFinancingCosts`	$300.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$100.00K	USD	Annual
Other	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	Annual
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-798.00M	USD	Annual
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-531.10M	USD	Annual
Net cash used in continuing financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-615.50M	USD	Annual
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$1.30M	USD	Annual
Net cash provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.30M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-300.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-13.50M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-3.50M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.10M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$51.20M	USD	Annual
Net change in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.80M	USD	Annual
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$106.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$100.70M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$49.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$106.50M	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`	$49.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.40M	USD	Point-in-time
Interest	`InterestPaidNet`	$95.30M	USD	Annual
Interest	`InterestPaidNet`	$112.80M	USD	Annual
Interest	`InterestPaidNet`	$214.30M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$343.40M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$160.10M	USD	Annual
Income taxes	`IncomeTaxesPaidNet`	$288.10M	USD	Annual

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.78	USD	Annual
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$1.78	USD	Annual
Dividends per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$2.07	USD	Annual
Beginning balance (in shares)	`CommonStockSharesIssued`	67.11M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesIssued`	69.68M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.76B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$23.90M	USD	Annual
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$26.70M	USD	Annual
Equity compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$28.10M	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$886.50M	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$385.20M	USD	Annual
Repurchases of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$293.50M	USD	Annual
Dividends	`DividendsCash`	$189.10M	USD	Annual
Dividends	`DividendsCash`	$142.50M	USD	Annual
Dividends	`DividendsCash`	$154.10M	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.20M	USD	Annual
Interest rate swaps	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.40M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.50M	USD	Annual
Distributions to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.60M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$66.10M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.80M	USD	Annual
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-154.60M	USD	Annual
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$27.50M	USD	Annual
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$-12.80M	USD	Annual
Other	`OtherComprehensiveIncomeOtherNetOfTax`	$5.70M	USD	Annual
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$1.19B	USD	Annual
Net income	`ProfitLoss`	$1.39B	USD	Annual
Ending balance (in shares)	`CommonStockSharesIssued`	67.11M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesIssued`	69.68M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.09B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.17B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.76B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.33B	USD	Point-in-time

Comprehensive Income 36 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.06B	USD	Annual
Net income	`ProfitLoss`	$1.19B	USD	Annual
Net income	`ProfitLoss`	$1.39B	USD	Annual
Unrealized gain arising during the period, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	Annual
Unrealized gain arising during the period, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	-	USD	Annual
Unrealized gain arising during the period, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax`	$1.20M	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$300.00K	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, tax provision (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	-	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$66.10M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-39.80M	USD	Annual
Foreign currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-154.60M	USD	Annual
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, and $1.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, and $1.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Unrealized gain arising during the period, net of tax provision of $0.0, $0.0, and $1.2, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$4.40M	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, net of tax provision of $0.0, $0.0, and $0.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, net of tax provision of $0.0, $0.0, and $0.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.20M	USD	Annual
Reclassification adjustment for gain included in floor plan interest expense, net of tax provision of $0.0, $0.0, and $0.3, respectively	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	-	USD	Annual
Unrealized gain on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Unrealized gain on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$3.20M	USD	Annual
Unrealized gain on interest rate swaps, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	-	USD	Annual
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$27.50M	USD	Annual
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$-12.80M	USD	Annual
Other adjustments to comprehensive income, net	`OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease`	$5.70M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-167.40M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$71.80M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.22B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.18B	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.13B	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$6.00M	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$5.30M	USD	Annual
Less: Comprehensive income attributable to non-controlling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.00M	USD	Annual
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$1.18B	USD	Annual
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$1.12B	USD	Annual
Comprehensive income attributable to Penske Automotive Group common stockholders	`ComprehensiveIncomeNetOfTax`	$1.21B	USD	Annual

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