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10-K Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 FY 2014
Filing Information
Form Type 10-K
Accession Number 0001047469-15-001311
Period End Date 20141231
Filing Date 20150226
Fiscal Year 2014
Fiscal Period FY
XBRL Instance pag-20141231.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $2.90M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $3.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $36.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $26.80M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $50.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.90M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $3.5 and $2.9 ReceivablesNetCurrent $594.90M USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $3.5 and $2.9 ReceivablesNetCurrent $701.40M USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Inventories InventoryNet $2.82B USD Point-in-time
Inventories InventoryNet $2.50B USD Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $87.70M USD Point-in-time
Other current assets OtherAssetsCurrent $124.70M USD Point-in-time
Common Stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $253.80M USD Point-in-time
Common Stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent $186.10M USD Point-in-time
Total current assets AssetsCurrent $3.49B USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Total current assets AssetsCurrent $3.87B USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Common Stock, shares issued CommonStockSharesIssued 90.24M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.33B USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 90.24M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.12B USD Point-in-time
Goodwill Goodwill $1.27B USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 90.24M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 90.24M shares Point-in-time
Goodwill Goodwill $961.50M USD Point-in-time
Goodwill Goodwill $1.13B USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $386.20M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $271.50M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $295.20M USD Point-in-time
Equity method investments EquityMethodInvestments $352.80M USD Point-in-time
Equity method investments EquityMethodInvestments $346.90M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $30.90M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $26.40M USD Point-in-time
Total assets Assets $7.23B USD Point-in-time
Total assets Assets $6.42B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.67B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $1.81B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $900.90M USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $920.50M USD Point-in-time
Accounts payable AccountsPayableCurrent $417.60M USD Point-in-time
Accounts payable AccountsPayableCurrent $369.00M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $310.30M USD Point-in-time
Accrued expenses AccruedLiabilitiesCurrent $260.90M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $14.50M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $36.60M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $166.50M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $132.70M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.63B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.38B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $981.80M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.32B USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $361.40M USD Point-in-time
Deferred tax liabilities DeferredTaxLiabilitiesNoncurrent $409.90M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $190.80M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $166.50M USD Point-in-time
Total liabilities Liabilities $5.55B USD Point-in-time
Total liabilities Liabilities $4.89B 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 $693.60M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapitalCommonStock $690.70M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $799.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.02B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.80M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-53.30M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $11.60M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-24.20M USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $1.50B USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $1.65B USD Point-in-time
Non-controlling interest MinorityInterest $28.40M USD Point-in-time
Non-controlling interest MinorityInterest $17.70M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.52B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.68B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $6.42B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $7.23B USD Point-in-time
Income Statement 137 line items
Line Item Tag Value Unit Period
Total revenues SalesRevenueNet $4.41B USD 1 Quarter
Total revenues SalesRevenueNet $3.72B USD 1 Quarter
Total revenues SalesRevenueNet $3.79B USD 1 Quarter
Total revenues SalesRevenueNet $12.90B USD Annual
Total revenues SalesRevenueNet $17.18B USD Annual
Total revenues SalesRevenueNet $4.02B USD 1 Quarter
Total revenues SalesRevenueNet $3.60B USD 1 Quarter
Total revenues SalesRevenueNet $4.37B USD 1 Quarter
Total revenues SalesRevenueNet $4.38B USD 1 Quarter
Total revenues SalesRevenueNet $3.33B USD 1 Quarter
Total revenues SalesRevenueNet $14.44B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $12.25B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $14.60B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $10.93B USD Annual
Gross profit GrossProfit $558.40M USD 1 Quarter
Gross profit GrossProfit $2.20B USD Annual
Gross profit GrossProfit $1.98B USD Annual
Gross profit GrossProfit $614.00M USD 1 Quarter
Gross profit GrossProfit $646.20M USD 1 Quarter
Gross profit GrossProfit $547.80M USD 1 Quarter
Gross profit GrossProfit $2.57B USD Annual
Gross profit GrossProfit $519.80M USD 1 Quarter
Gross profit GrossProfit $658.70M USD 1 Quarter
Gross profit GrossProfit $571.00M USD 1 Quarter
Gross profit GrossProfit $654.80M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.00B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.56B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.71B USD Annual
Depreciation Depreciation $59.60M USD Annual
Depreciation Depreciation $70.00M USD Annual
Depreciation Depreciation $52.20M USD Annual
Operating income OperatingIncomeLoss $504.10M USD Annual
Operating income OperatingIncomeLoss $365.10M USD Annual
Operating income OperatingIncomeLoss $431.80M USD Annual
Floor plan interest expense FloorPlanInterestExpense $43.10M USD Annual
Floor plan interest expense FloorPlanInterestExpense $38.00M USD Annual
Floor plan interest expense FloorPlanInterestExpense $46.10M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $45.20M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $46.10M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $52.80M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $27.60M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $30.70M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $40.80M USD Annual
Gain on investment BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain $16.00M USD Annual
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.80M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $374.20M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $462.00M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $290.80M USD Annual
Income taxes IncomeTaxExpenseBenefit $94.60M USD Annual
Income taxes IncomeTaxExpenseBenefit $123.90M USD Annual
Income taxes IncomeTaxExpenseBenefit $153.20M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $250.30M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $196.20M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $308.80M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-9.00M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-18.70M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.60M USD Annual
Net income ProfitLoss $187.20M USD Annual
Net income ProfitLoss $65.50M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $73.20M USD 1 Quarter
Net income ProfitLoss $59.70M USD 1 Quarter
Net income ProfitLoss $62.50M USD 1 Quarter
Net income ProfitLoss $75.10M USD 1 Quarter
Net income ProfitLoss $73.90M USD 1 Quarter
Net income ProfitLoss $67.90M USD 1 Quarter
Net income ProfitLoss $290.10M USD Annual
Net income ProfitLoss $245.70M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.70M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.40M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.50M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $72.90M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $74.50M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $185.50M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $67.50M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $59.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $65.30M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $71.80M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $62.00M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $286.70M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $57.70M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $244.20M USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.76 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.38 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $2.15 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.21 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.05 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $-0.10 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $3.17 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $2.05 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $2.71 USD Annual
Shares used in determining basic earnings per share WeightedAverageNumberOfSharesOutstandingBasic 90.32M shares Annual
Shares used in determining basic earnings per share WeightedAverageNumberOfSharesOutstandingBasic 90.27M shares Annual
Shares used in determining basic earnings per share WeightedAverageNumberOfSharesOutstandingBasic 90.32M shares Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.15 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $2.75 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.38 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.21 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.05 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $-0.10 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.72 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.80 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.81 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $2.05 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.83 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.66 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.75 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.64 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $0.69 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $2.70 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $3.17 USD Annual
Shares used in determining diluted earnings per share WeightedAverageNumberOfDilutedSharesOutstanding 90.35M shares Annual
Shares used in determining diluted earnings per share WeightedAverageNumberOfDilutedSharesOutstanding 90.34M shares Annual
Shares used in determining diluted earnings per share WeightedAverageNumberOfDilutedSharesOutstanding 90.33M shares Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $250.30M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $196.20M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $308.80M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.70M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $3.40M USD Annual
Less: Income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.50M USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $248.80M USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $194.50M USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $305.40M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-9.00M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-18.70M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-4.60M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $72.90M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $74.50M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $185.50M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $67.50M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $59.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $65.30M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $71.80M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $62.00M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $286.70M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $57.70M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $244.20M USD Annual
Cash Flow Statement 122 line items
Line Item Tag Value Unit Period
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $74.90M USD Annual
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $29.60M USD Annual
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $117.80M USD Annual
Net income ProfitLoss $187.20M USD Annual
Net income ProfitLoss $65.50M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $73.20M USD 1 Quarter
Net income ProfitLoss $59.70M USD 1 Quarter
Net income ProfitLoss $62.50M USD 1 Quarter
Net income ProfitLoss $75.10M USD 1 Quarter
Net income ProfitLoss $73.90M USD 1 Quarter
Net income ProfitLoss $67.90M USD 1 Quarter
Net income ProfitLoss $290.10M USD Annual
Net income ProfitLoss $245.70M USD Annual
Depreciation Depreciation $59.60M USD Annual
Interest rate (as a percent) DebtInstrumentInterestRateStatedPercentage 0.04 pure Point-in-time
Depreciation Depreciation $70.00M USD Annual
Depreciation Depreciation $52.20M USD Annual
Gain on investment BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain $16.00M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $23.00M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $28.80M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $18.60M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-4.60M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-9.00M USD Annual
Loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTax $-18.70M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $83.80M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $77.60M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $50.50M USD Annual
Debt redemption costs GainLossOnSaleOfDebtInvestments $-17.80M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $37.90M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $86.00M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $34.40M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $115.50M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $311.60M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $388.20M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $290.60M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $140.70M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $400.10M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $14.60M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $76.90M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $12.00M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $8.40M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $20.10M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $20.20M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $301.00M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $325.70M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $366.30M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $174.70M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $174.80M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $150.90M USD Annual
Proceeds from sale-leaseback transactions ProceedsFromSaleLeasebackTransactions $1.60M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $117.8, $29.6 and $74.9, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $355.00M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $117.8, $29.6 and $74.9, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $233.30M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $117.8, $29.6 and $74.9, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $314.00M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $-8.80M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $22.60M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $2.60M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-491.30M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-373.80M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-552.40M USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.27B USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.10B USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $761.30M USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $843.30M USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.06B USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.36B USD Annual
Repayments under U.S. credit agreement term loan RepaymentsOfSecuredDebt $17.00M USD Annual
Repayments under U.S. credit agreement term loan RepaymentsOfSecuredDebt $12.00M USD Annual
Repayments under U.S. credit agreement term loan RepaymentsOfSecuredDebt $10.00M USD Annual
Repurchase of 7.75% senior subordinated notes RepaymentsOfSubordinatedDebt $390.80M USD Annual
Repurchase of 3.5% senior subordinated convertible notes RepaymentsOfConvertibleDebt $62.70M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $47.30M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $53.10M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $28.70M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $191.20M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $70.20M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $19.60M USD Annual
Payment of deferred financing fees PaymentsOfFinancingCosts $8.60M USD Annual
Payment of deferred financing fees PaymentsOfFinancingCosts $4.40M USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $9.80M USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $15.80M USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $15.50M USD Annual
Dividends PaymentsOfDividendsCommonStock $41.50M USD Annual
Dividends PaymentsOfDividendsCommonStock $70.50M USD Annual
Dividends PaymentsOfDividendsCommonStock $56.00M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-1.10M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $200.00K USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $300.00K USD Annual
Net cash provided by continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $158.20M USD Annual
Net cash provided by continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $54.00M USD Annual
Net cash provided by continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $200.70M USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $300.00K USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $18.80M USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $400.00K USD Annual
Net cash provided by (used in) discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $19.80M USD Annual
Net cash provided by (used in) discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $3.10M USD Annual
Net cash provided by (used in) discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $-66.80M USD Annual
Net cash (used in) provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-4.90M USD Annual
Net cash (used in) provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $7.70M USD Annual
Net cash (used in) provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $44.00M USD Annual
Net cash provided by (used in) discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $11.20M USD Annual
Net cash provided by (used in) discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $-4.00M USD Annual
Net cash provided by (used in) discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $15.20M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-1.30M USD Annual
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $6.40M USD Annual
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-14.00M USD Annual
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $17.10M USD Annual
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $36.30M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $26.80M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $50.30M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $43.90M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $36.30M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $26.80M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $50.30M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $43.90M USD Point-in-time
Interest InterestPaid $92.20M USD Annual
Interest InterestPaid $98.40M USD Annual
Interest InterestPaid $76.30M USD Annual
Income taxes IncomeTaxesPaidNet $114.30M USD Annual
Income taxes IncomeTaxesPaidNet $33.50M USD Annual
Income taxes IncomeTaxesPaidNet $41.90M USD Annual
Seller financed/assumed debt NoncashOrPartNoncashAcquisitionDebtAssumed1 $136.40M USD Annual
Stockholders Equity 51 line items
Line Item Tag Value Unit Period
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.78 USD Annual
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.46 USD Annual
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.62 USD Annual
Interest rate (as a percent) DebtInstrumentInterestRateStatedPercentage 0.04 pure Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.52B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.68B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $6.60M USD Annual
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $12.30M USD Annual
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $9.20M USD Annual
Repurchase of common stock StockRepurchasedDuringPeriodValue $9.80M USD Annual
Repurchase of common stock StockRepurchasedDuringPeriodValue $15.80M USD Annual
Repurchase of common stock StockRepurchasedDuringPeriodValue $15.50M USD Annual
Dividends ($0.78, $0.62 and $0.46) DividendsCash $70.50M USD Annual
Dividends ($0.78, $0.62 and $0.46) DividendsCash $41.50M USD Annual
Dividends ($0.78, $0.62 and $0.46) DividendsCash $56.00M USD Annual
Repurchase of 3.5% senior subordinated convertible notes AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt $600.00K USD Annual
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.70M USD Annual
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.40M USD Annual
Distributions to non-controlling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.30M USD Annual
Sale of subsidiary shares to non-controlling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $400.00K USD Annual
Sale of subsidiary shares to non-controlling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $4.50M USD Annual
Sale of subsidiary shares to non-controlling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $7.50M USD Annual
Purchase of controlling interest NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $10.20M USD Annual
Deconsolidation of Italian investment NoncontrollingInterestDecreaseFromDeconsolidation $8.30M USD Annual
Reconsolidation of Italian investment NoncontrollingInterestIncreaseFromBusinessCombination $8.90M USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-64.40M USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $18.50M USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $11.50M USD Annual
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.00M USD Annual
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $4.00M USD Annual
Interest rate swaps OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $4.70M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $-1.90M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $3.40M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $-6.50M USD Annual
Net income ProfitLoss $187.20M USD Annual
Net income ProfitLoss $65.50M USD 1 Quarter
Net income ProfitLoss $58.00M USD 1 Quarter
Net income ProfitLoss $73.20M USD 1 Quarter
Net income ProfitLoss $59.70M USD 1 Quarter
Net income ProfitLoss $62.50M USD 1 Quarter
Net income ProfitLoss $75.10M USD 1 Quarter
Net income ProfitLoss $73.90M USD 1 Quarter
Net income ProfitLoss $67.90M USD 1 Quarter
Net income ProfitLoss $290.10M USD Annual
Net income ProfitLoss $245.70M USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.52B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.32B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.68B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.15B USD Point-in-time
Comprehensive Income 44 line items
Line Item Tag Value Unit Period
Unrealized loss arising during the period, tax benefit OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $300.00K USD Annual
Net Income ProfitLoss $187.20M USD Annual
Net Income ProfitLoss $65.50M USD 1 Quarter
Net Income ProfitLoss $58.00M USD 1 Quarter
Net Income ProfitLoss $73.20M USD 1 Quarter
Unrealized loss arising during the period, tax benefit OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $100.00K USD Annual
Net Income ProfitLoss $59.70M USD 1 Quarter
Net Income ProfitLoss $62.50M USD 1 Quarter
Net Income ProfitLoss $75.10M USD 1 Quarter
Net Income ProfitLoss $73.90M USD 1 Quarter
Net Income ProfitLoss $67.90M USD 1 Quarter
Unrealized loss arising during the period, tax benefit OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $2.10M USD Annual
Net Income ProfitLoss $290.10M USD Annual
Net Income ProfitLoss $245.70M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $2.80M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $3.20M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, tax provision OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax $2.90M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-64.40M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $18.50M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $11.50M USD Annual
Unrealized loss arising during the period, net of tax benefit of $0.1,$0.3 and $2.1 respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-200.00K USD Annual
Unrealized loss arising during the period, net of tax benefit of $0.1,$0.3 and $2.1 respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-400.00K USD Annual
Unrealized loss arising during the period, net of tax benefit of $0.1,$0.3 and $2.1 respectively OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-3.20M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $3.2, $2.9, $2.8, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-4.90M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $3.2, $2.9, $2.8, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-4.40M USD Annual
Reclassification adjustment for loss included in floor plan interest expense, net of tax provision of $3.2, $2.9, $2.8, respectively OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax $-4.20M USD Annual
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $1.00M USD Annual
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $4.00M USD Annual
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $4.70M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $3.40M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-6.50M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-1.90M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $17.60M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $18.90M USD Annual
Other comprehensive income (loss), net of taxes OtherComprehensiveIncomeLossNetOfTax $-66.20M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $204.80M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $223.90M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $264.60M USD Annual
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.00M USD Annual
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.10M USD Annual
Less: Comprehensive income attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.90M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $202.90M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $221.80M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $262.60M USD Annual

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

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