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10-K Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 FY 2019
Filing Information
Form Type 10-K
Accession Number 0001558370-20-001163
Period End Date 20191231
Filing Date 20200221
Fiscal Year 2019
Fiscal Period FY
XBRL Instance pag-20181231x10k724ca0_htm.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $5.40M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $5.70M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $24.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $39.40M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $45.70M 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 $5.7 and $5.4 ReceivablesNetCurrent $960.30M 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 $5.7 and $5.4 ReceivablesNetCurrent $929.10M USD Point-in-time
Inventories InventoryNet $4.26B USD Point-in-time
Inventories InventoryNet $4.04B 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
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $85.00M USD Point-in-time
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $86.60M USD Point-in-time
Total current assets AssetsCurrent $5.33B USD Point-in-time
Total current assets AssetsCurrent $5.10B 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
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.37B USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $2.25B USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 84.55M shares Point-in-time
Common Stock, shares issued CommonStockSharesIssued 81.08M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.43B USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.36B USD Point-in-time
Goodwill Goodwill $1.91B USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 81.08M shares Point-in-time
Goodwill Goodwill $1.66B USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 84.55M shares Point-in-time
Goodwill Goodwill $1.75B USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $474.00M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $552.20M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $486.20M USD Point-in-time
Equity method investments EquityMethodInvestments $1.40B USD Point-in-time
Equity method investments EquityMethodInvestments $1.31B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $19.50M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $15.90M USD Point-in-time
Total assets Assets $10.90B USD Point-in-time
Total assets Assets $13.94B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $2.41B USD Point-in-time
Floor plan notes payable FloorPlanNotesPayable $2.36B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $1.59B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $1.43B USD Point-in-time
Accounts payable AccountsPayableCurrent $638.80M USD Point-in-time
Accounts payable AccountsPayableCurrent $598.20M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $701.90M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $566.60M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $92.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $103.30M USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $500.00K USD Point-in-time
Liabilities held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent $700.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.45B USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.05B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.12B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.26B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $2.30B USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $2.39B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $577.80M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $677.90M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $519.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $444.00M USD Point-in-time
Total liabilities Liabilities $11.13B USD Point-in-time
Total liabilities Liabilities $8.27B 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 $320.40M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapitalCommonStock $477.80M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.68B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.37B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-234.50M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-202.80M USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $2.61B USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $2.79B USD Point-in-time
Non-controlling interest MinorityInterest $25.60M USD Point-in-time
Non-controlling interest MinorityInterest $18.20M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.78B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $10.90B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.94B USD Point-in-time
Income Statement 154 line items
Line Item Tag Value Unit Period
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $23.18B USD Annual
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $22.79B USD Annual
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $21.39B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $19.37B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $18.16B USD Annual
Total cost of sales CostOfGoodsAndServicesSold $19.72B USD Annual
Gross profit GrossProfit $3.41B USD Annual
Gross profit GrossProfit $808.10M USD 1 Quarter
Gross profit GrossProfit $889.80M USD 1 Quarter
Gross profit GrossProfit $3.22B USD Annual
Gross profit GrossProfit $851.50M USD 1 Quarter
Gross profit GrossProfit $852.60M USD 1 Quarter
Gross profit GrossProfit $867.80M USD 1 Quarter
Gross profit GrossProfit $3.46B USD Annual
Gross profit GrossProfit $869.70M USD 1 Quarter
Gross profit GrossProfit $866.50M USD 1 Quarter
Gross profit GrossProfit $864.40M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.65B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.52B USD Annual
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.69B USD Annual
Depreciation Depreciation $103.70M USD Annual
Depreciation Depreciation $109.60M USD Annual
Depreciation Depreciation $95.10M USD Annual
Operating income OperatingIncomeLoss $611.40M USD Annual
Operating income OperatingIncomeLoss $652.70M USD Annual
Operating income OperatingIncomeLoss $664.90M USD Annual
Floor plan interest expense FloorPlanInterestExpense $63.40M USD Annual
Floor plan interest expense FloorPlanInterestExpense $84.50M USD Annual
Floor plan interest expense FloorPlanInterestExpense $80.90M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $107.40M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $114.70M USD Annual
Other interest expense InterestExpenseExcludingFloorPlanInterest $124.20M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $147.50M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $134.80M USD Annual
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $107.60M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $591.50M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $548.20M USD Annual
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $604.10M USD Annual
Income taxes IncomeTaxExpenseBenefit $134.30M USD Annual
Income taxes IncomeTaxExpenseBenefit $156.70M USD Annual
Income taxes IncomeTaxExpenseBenefit $-64.80M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $116.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $434.80M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $101.30M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $99.10M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $613.00M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $118.40M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $469.80M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $130.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $107.70M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $135.20M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $96.90M USD 1 Quarter
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $500.00K USD Annual
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD Annual
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-200.00K USD Annual
Net income ProfitLoss $101.30M USD 1 Quarter
Net income ProfitLoss $435.10M USD Annual
Net income ProfitLoss $107.80M USD 1 Quarter
Net income ProfitLoss $130.10M USD 1 Quarter
Net income ProfitLoss $470.30M USD Annual
Net income ProfitLoss $97.20M USD 1 Quarter
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $135.20M USD 1 Quarter
Net income ProfitLoss $99.20M USD 1 Quarter
Net income ProfitLoss $612.80M USD Annual
Net income ProfitLoss $118.50M USD 1 Quarter
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-700.00K USD Annual
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-500.00K USD Annual
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-700.00K USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $116.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $134.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $130.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $435.80M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $100.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $471.00M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $101.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $98.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $108.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $613.30M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $117.80M USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $5.28 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $5.52 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $7.14 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.01 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $5.28 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $5.53 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $7.14 USD Annual
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 85.17M shares Annual
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 82.50M shares Annual
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 85.88M shares Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.42 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.53 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.25 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.42 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.58 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.15 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $7.14 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $5.28 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.26 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $5.52 USD Annual
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.19 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.01 USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD Annual
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.42 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.25 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.16 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $5.53 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.19 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.42 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $7.14 USD Annual
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.53 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.58 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.26 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $5.28 USD Annual
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 82.50M shares Annual
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 85.88M shares Annual
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 85.17M shares Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $116.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $434.80M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $101.30M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $99.10M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $613.00M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $118.40M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $469.80M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $130.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $107.70M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $135.20M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $96.90M USD 1 Quarter
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-700.00K USD Annual
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-500.00K USD Annual
Less: Loss attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-700.00K USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $470.50M USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $435.50M USD Annual
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $613.50M USD Annual
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $500.00K USD Annual
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD Annual
Income (loss) from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-200.00K USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $116.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $134.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $130.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $435.80M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $100.20M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $471.00M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $101.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $98.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $108.10M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $613.30M USD Annual
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $117.80M USD 1 Quarter
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.26 USD Annual
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.42 USD Annual
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.58 USD Annual
Cash Flow Statement 128 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $101.30M USD 1 Quarter
Net income ProfitLoss $435.10M USD Annual
Net income ProfitLoss $107.80M USD 1 Quarter
Net income ProfitLoss $130.10M USD 1 Quarter
Net income ProfitLoss $470.30M USD Annual
Net income ProfitLoss $97.20M USD 1 Quarter
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $135.20M USD 1 Quarter
Net income ProfitLoss $99.20M USD 1 Quarter
Net income ProfitLoss $612.80M USD Annual
Net income ProfitLoss $118.50M USD 1 Quarter
Depreciation Depreciation $103.70M USD Annual
Depreciation Depreciation $109.60M USD Annual
Depreciation Depreciation $95.10M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $94.60M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $89.00M USD Annual
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $68.90M USD Annual
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $101.60M USD Annual
(Income) loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $500.00K USD Annual
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $58.20M USD Annual
(Income) loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD Annual
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $138.50M USD Annual
(Income) loss from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $-200.00K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-108.70M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $105.90M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $92.00M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $30.90M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $-30.40M USD Annual
Accounts receivable IncreaseDecreaseInReceivables $73.10M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $419.90M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $117.80M USD Annual
Inventories IncreaseDecreaseInRetailRelatedInventories $12.60M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $83.90M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $276.30M USD Annual
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $27.40M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $272.00M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-17.10M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $71.40M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $-37.20M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $4.30M USD Annual
Other IncreaseDecreaseInOtherOperatingCapitalNet $30.10M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $623.00M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $518.30M USD Annual
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $614.20M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $245.30M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $305.60M USD Annual
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $247.00M USD Annual
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $84.50M USD Annual
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $22.80M USD Annual
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $25.10M USD Annual
Proceeds from sale-leaseback transactions SaleLeasebackTransactionNetProceedsInvestingActivities $22.20M USD Annual
Proceeds from sale-leaseback transactions SaleLeasebackTransactionNetProceedsInvestingActivities $10.70M USD Annual
Proceeds from sale-leaseback transactions SaleLeasebackTransactionNetProceedsInvestingActivities $18.90M USD Annual
Acquisition of additional ownership interest in Penske Truck Leasing PaymentsToAcquireEquityMethodInvestments $239.10M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $138.5, $58.2, and $101.6, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $309.10M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $138.5, $58.2, and $101.6, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $449.70M USD Annual
Acquisitions net, including repayment of sellers' floor plan notes payable of $138.5, $58.2, and $101.6, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $326.90M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $5.70M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $40.20M USD Annual
Other PaymentsForProceedsFromOtherInvestingActivities $2.20M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-532.70M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-525.20M USD Annual
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-928.70M USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $2.04B USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.81B USD Annual
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.64B USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.78B USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.79B USD Annual
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $2.11B USD Annual
Issuance of 3.75% senior subordinated notes ProceedsFromIssuanceOfSubordinatedLongTermDebt $300.00M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $115.40M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $235.50M USD Annual
Net borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $42.00M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $185.30M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $10.00M USD Annual
Net borrowings of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $177.50M USD Annual
Payment of debt issuance costs PaymentsOfFinancingCosts $4.00M USD Annual
Payment of debt issuance costs PaymentsOfFinancingCosts $1.90M USD Annual
Payment of debt issuance costs PaymentsOfFinancingCosts $400.00K USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $169.20M USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $68.90M USD Annual
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $18.50M USD Annual
Dividends PaymentsOfDividendsCommonStock $108.40M USD Annual
Dividends PaymentsOfDividendsCommonStock $121.20M USD Annual
Dividends PaymentsOfDividendsCommonStock $130.80M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-4.90M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.80M USD Annual
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.80M USD Annual
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $322.60M USD Annual
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-94.30M USD Annual
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $2.60M USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $500.00K USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $300.00K USD Annual
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $500.00K USD Annual
Net cash provided by discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations $2.40M USD Annual
Net cash provided by discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD Annual
Net cash provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations $-200.00K USD Annual
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $2.70M USD Annual
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $300.00K USD Annual
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $500.00K USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $2.10M USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $200.00K USD Annual
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-1.50M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $21.70M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-6.30M USD Annual
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-11.30M USD Annual
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $24.00M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $39.40M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $45.70M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $24.00M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $39.40M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $45.70M USD Point-in-time
Interest InterestPaidNet $190.20M USD Annual
Interest InterestPaidNet $163.20M USD Annual
Interest InterestPaidNet $204.90M USD Annual
Income taxes IncomeTaxesPaidNet $92.40M USD Annual
Income taxes IncomeTaxesPaidNet $-29.70M USD Annual
Income taxes IncomeTaxesPaidNet $39.60M USD Annual
Seller financed/assumed debt NoncashOrPartNoncashAcquisitionDebtAssumed1 $800.00K USD Annual
Deferred consideration DeferredConsideration $6.80M USD Annual
Consideration transferred through common stock issuance StockIssued1 $32.40M USD Annual
Contingent consideration ContingentConsideration $20.00M USD Annual
Contingent consideration ContingentConsideration $10.60M USD Annual
Stockholders Equity 44 line items
Line Item Tag Value Unit Period
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.26 USD Annual
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.42 USD Annual
Dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.58 USD Annual
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.78B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $16.70M USD Annual
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $16.10M USD Annual
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $14.90M USD Annual
Repurchases of common stock StockRepurchasedDuringPeriodValue $68.90M USD Annual
Repurchases of common stock StockRepurchasedDuringPeriodValue $174.10M USD Annual
Repurchases of common stock StockRepurchasedDuringPeriodValue $18.50M USD Annual
Issuance of common stock StockIssuedDuringPeriodValueAcquisitions $32.40M USD Annual
Dividends DividendsCash $108.40M USD Annual
Dividends DividendsCash $121.20M USD Annual
Dividends DividendsCash $130.80M USD Annual
Purchase of subsidiary shares from non-controlling interest MinorityInterestDecreaseFromRedemptions $7.00M USD Annual
Purchase of subsidiary shares from non-controlling interest MinorityInterestDecreaseFromRedemptions $6.90M USD Annual
Purchase of subsidiary shares from non-controlling interest MinorityInterestDecreaseFromRedemptions $700.00K USD Annual
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $900.00K USD Annual
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $1.40M USD Annual
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $500.00K USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $21.90M USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.20M USD Annual
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.80M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $10.60M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $-12.60M USD Annual
Other OtherComprehensiveIncomeOtherNetOfTax $18.20M USD Annual
Net income ProfitLoss $101.30M USD 1 Quarter
Net income ProfitLoss $435.10M USD Annual
Net income ProfitLoss $107.80M USD 1 Quarter
Net income ProfitLoss $130.10M USD 1 Quarter
Net income ProfitLoss $470.30M USD Annual
Net income ProfitLoss $97.20M USD 1 Quarter
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $135.20M USD 1 Quarter
Net income ProfitLoss $99.20M USD 1 Quarter
Net income ProfitLoss $612.80M USD Annual
Net income ProfitLoss $118.50M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.43B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.78B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Comprehensive Income 29 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $101.30M USD 1 Quarter
Net income ProfitLoss $435.10M USD Annual
Net income ProfitLoss $107.80M USD 1 Quarter
Net income ProfitLoss $130.10M USD 1 Quarter
Net income ProfitLoss $470.30M USD Annual
Net income ProfitLoss $97.20M USD 1 Quarter
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $135.20M USD 1 Quarter
Net income ProfitLoss $99.20M USD 1 Quarter
Net income ProfitLoss $612.80M USD Annual
Net income ProfitLoss $118.50M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $21.90M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $99.20M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-75.80M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-13.70M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $8.20M USD Annual
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $9.50M USD Annual
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $107.40M USD Annual
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $-89.50M USD Annual
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $31.40M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $466.50M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $720.20M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $380.80M USD Annual
Less: Comprehensive loss attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.00M USD Annual
Less: Comprehensive loss attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-2.20M USD Annual
Less: Comprehensive loss attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.70M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $383.00M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $467.50M USD Annual
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $717.50M USD Annual

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

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