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10-Q Filing

PENSKE AUTOMOTIVE GROUP, INC. CIK: 1019849 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001558370-20-011801
Period End Date 20200930
Filing Date 20201027
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance pag-20200930x10q_htm.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $5.20M USD Point-in-time
Accounts receivable, allowance for doubtful accounts (in dollars) AllowanceForDoubtfulAccountsReceivableCurrent $5.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $77.50M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $39.40M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $92.70M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Preferred Stock, shares authorized PreferredStockSharesAuthorized 100,000.00 shares Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.2 and $5.7 ReceivablesNetCurrent $848.20M USD Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $5.2 and $5.7 ReceivablesNetCurrent $960.30M USD Point-in-time
Inventories InventoryNet $4.26B USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Inventories InventoryNet $3.21B USD Point-in-time
Preferred Stock, shares issued PreferredStockSharesIssued 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
Preferred Stock, shares outstanding PreferredStockSharesOutstanding 0.00 shares Point-in-time
Other current assets OtherAssetsCurrent $198.80M USD Point-in-time
Total current assets AssetsCurrent $5.33B USD Point-in-time
Total current assets AssetsCurrent $4.35B 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
Property and equipment, net PropertyPlantAndEquipmentNet $2.34B USD 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
Common Stock, shares authorized CommonStockSharesAuthorized 240.00M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.36B USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 80.34M shares Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.38B USD Point-in-time
Common Stock, shares issued CommonStockSharesIssued 81.08M shares Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 81.08M shares Point-in-time
Goodwill Goodwill $1.90B USD Point-in-time
Goodwill Goodwill $1.91B USD Point-in-time
Common Stock, shares outstanding CommonStockSharesOutstanding 80.34M shares Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $552.20M USD Point-in-time
Other indefinite-lived intangible assets OtherIndefiniteLivedIntangibleAssets $554.40M USD Point-in-time
Equity method investments EquityMethodInvestments $1.47B USD Point-in-time
Equity method investments EquityMethodInvestments $1.40B USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $22.50M USD Point-in-time
Other long-term assets OtherAssetsNoncurrent $19.50M USD Point-in-time
Total assets Assets $13.01B 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 $1.48B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $1.05B USD Point-in-time
Floor plan notes payable - non-trade FloorPlanNotesPayableNonTrade $1.59B USD Point-in-time
Accounts payable AccountsPayableCurrent $638.80M USD Point-in-time
Accounts payable AccountsPayableCurrent $717.20M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $774.80M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $701.90M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $85.60M 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 $500.00K USD Point-in-time
Total current liabilities LiabilitiesCurrent $5.45B USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.11B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $2.22B 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 $2.32B USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $677.90M USD Point-in-time
Deferred tax liabilities DeferredIncomeTaxLiabilitiesNet $853.30M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $444.00M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $429.00M USD Point-in-time
Total liabilities Liabilities $9.93B USD Point-in-time
Total liabilities Liabilities $11.13B USD Point-in-time
Commitments and contingent liabilities (Note 12) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingent liabilities (Note 12) 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 $301.20M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $320.40M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.98B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $2.68B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-221.90M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-202.80M USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $2.79B USD Point-in-time
Total Penske Automotive Group stockholders' equity StockholdersEquity $3.06B USD Point-in-time
Non-controlling interest MinorityInterest $19.20M USD Point-in-time
Non-controlling interest MinorityInterest $18.20M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.01B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.94B USD Point-in-time
Income Statement 119 line items
Line Item Tag Value Unit Period
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.97B USD 1 Quarter
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $17.29B USD 3 Qtrs
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $14.63B USD 3 Qtrs
Total revenues RevenueFromContractWithCustomerExcludingAssessedTax $5.97B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $14.70B USD 3 Qtrs
Total cost of sales CostOfGoodsAndServicesSold $5.02B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $5.10B USD 1 Quarter
Total cost of sales CostOfGoodsAndServicesSold $12.35B USD 3 Qtrs
Gross profit GrossProfit $956.50M USD 1 Quarter
Gross profit GrossProfit $869.70M USD 1 Quarter
Gross profit GrossProfit $2.29B USD 3 Qtrs
Gross profit GrossProfit $2.59B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $672.80M USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.74B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $2.01B USD 3 Qtrs
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $643.30M USD 1 Quarter
Depreciation Depreciation $29.00M USD 1 Quarter
Depreciation Depreciation $27.50M USD 1 Quarter
Depreciation Depreciation $85.40M USD 3 Qtrs
Depreciation Depreciation $81.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $284.20M USD 1 Quarter
Operating income OperatingIncomeLoss $499.90M USD 3 Qtrs
Operating income OperatingIncomeLoss $462.00M USD 3 Qtrs
Operating income OperatingIncomeLoss $169.40M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $21.40M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $37.40M USD 3 Qtrs
Floor plan interest expense FloorPlanInterestExpense $8.00M USD 1 Quarter
Floor plan interest expense FloorPlanInterestExpense $64.20M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $90.90M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $30.80M USD 1 Quarter
Other interest expense InterestExpenseExcludingFloorPlanInterest $93.20M USD 3 Qtrs
Other interest expense InterestExpenseExcludingFloorPlanInterest $32.90M USD 1 Quarter
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $66.20M USD 1 Quarter
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $109.60M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $110.60M USD 3 Qtrs
Equity in earnings of affiliates IncomeLossFromEquityMethodInvestments $43.30M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $444.30M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $311.60M USD 1 Quarter
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $452.10M USD 3 Qtrs
Income from continuing operations before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $158.40M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $42.40M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $118.60M USD 3 Qtrs
Income taxes IncomeTaxExpenseBenefit $64.10M USD 1 Quarter
Income taxes IncomeTaxExpenseBenefit $100.70M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $116.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $247.50M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $333.50M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $343.60M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
Net income ProfitLoss $343.90M USD 3 Qtrs
Net income ProfitLoss $333.80M USD 3 Qtrs
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $247.60M USD 1 Quarter
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-100.00K USD 1 Quarter
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $500.00K USD 3 Qtrs
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-400.00K USD 3 Qtrs
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 $246.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $334.20M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $343.40M USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.02 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $3.07 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $4.27 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerBasicShare $1.42 USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare - USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $3.07 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $1.42 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $4.03 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareBasic $4.27 USD 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 81.64M shares 1 Quarter
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 82.97M shares 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 80.37M shares 3 Qtrs
Shares used in determining basic earnings per share (in shares) WeightedAverageNumberOfSharesOutstandingBasic 80.34M shares 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.02 USD 3 Qtrs
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $3.07 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $1.42 USD 1 Quarter
Continuing operations (in dollars per share) IncomeLossFromContinuingOperationsPerDilutedShare $4.27 USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 3 Qtrs
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Discontinued operations (in dollars per share) IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare - USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $4.03 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $4.27 USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $3.07 USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) EarningsPerShareDiluted $1.42 USD 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 80.38M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 81.68M shares 1 Quarter
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 83.01M shares 3 Qtrs
Shares used in determining diluted earnings per share (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 80.41M shares 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $116.00M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $247.50M USD 1 Quarter
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $333.50M USD 3 Qtrs
Income from continuing operations IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest $343.60M USD 3 Qtrs
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $1.00M USD 1 Quarter
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-100.00K USD 1 Quarter
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $500.00K USD 3 Qtrs
Less: Income (loss) attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $-400.00K USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $333.90M USD 3 Qtrs
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $116.10M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $246.50M USD 1 Quarter
Income from continuing operations, net of tax IncomeLossFromContinuingOperations $343.10M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
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 $246.60M USD 1 Quarter
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $334.20M USD 3 Qtrs
Net income attributable to Penske Automotive Group common stockholders NetIncomeLoss $343.40M USD 3 Qtrs
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.42 USD 3 Qtrs
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $0.40 USD 1 Quarter
Cash dividends per share (in dollars per share) CommonStockDividendsPerShareCashPaid $1.17 USD 3 Qtrs
Cash Flow Statement 88 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $343.90M USD 3 Qtrs
Net income ProfitLoss $333.80M USD 3 Qtrs
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $247.60M USD 1 Quarter
Depreciation Depreciation $29.00M USD 1 Quarter
Depreciation Depreciation $27.50M USD 1 Quarter
Depreciation Depreciation $85.40M USD 3 Qtrs
Depreciation Depreciation $81.00M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $88.90M USD 3 Qtrs
Earnings of equity method investments IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions $77.80M USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $300.00K USD 3 Qtrs
Income from discontinued operations, net of tax IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity $100.00K USD 1 Quarter
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions - USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $48.20M USD 3 Qtrs
Deferred income taxes DeferredIncomeTaxExpenseBenefit $177.60M USD 3 Qtrs
Repayment of Sellers' Floor Plan Notes Payable Dealership Acquisitions RepaymentOfSellersFloorPlanNotesPayableDealershipAcquisitions $138.50M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $38.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInReceivables $-112.20M USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $-1.04B USD 3 Qtrs
Inventories IncreaseDecreaseInRetailRelatedInventories $-119.90M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $-925.90M USD 3 Qtrs
Floor plan notes payable IncreaseDecreaseInFloorPlanNotesPayable $108.70M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $172.10M USD 3 Qtrs
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $128.60M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $43.30M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $70.10M USD 3 Qtrs
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $660.80M USD 3 Qtrs
Net cash provided by continuing operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $849.50M USD 3 Qtrs
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $188.80M USD 3 Qtrs
Purchase of equipment and improvements PaymentsToAcquireProductiveAssets $114.30M USD 3 Qtrs
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $7.30M USD 3 Qtrs
Proceeds from sale of dealerships ProceedsFromDivestitureOfBusinesses $10.30M USD 3 Qtrs
Proceeds from sale-leaseback transactions SaleLeasebackTransactionsNetProceedsInvestingActivities $7.30M USD 3 Qtrs
Proceeds from sale of equipment and improvements ProceedsFromSaleOfProductiveAssets $19.80M USD 3 Qtrs
Proceeds from sale of equipment and improvements ProceedsFromSaleOfProductiveAssets $5.10M USD 3 Qtrs
Acquisitions net, including repayment of sellers' floor plan notes payable of $0 and $138.5, respectively PaymentsToAcquireBusinessesNetOfCashAcquired $326.90M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $7.40M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $4.40M USD 3 Qtrs
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-503.40M USD 3 Qtrs
Net cash used in continuing investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-88.60M USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $956.00M USD 3 Qtrs
Proceeds from borrowings under U.S. credit agreement revolving credit line ProceedsFromLongTermLinesOfCredit $1.46B USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.00B USD 3 Qtrs
Repayments under U.S. credit agreement revolving credit line RepaymentsOfLongTermLinesOfCredit $1.38B USD 3 Qtrs
Issuance of 3.50% senior subordinated notes ProceedsFromIssuanceOfSubordinatedLongTermDebt $550.00M USD 3 Qtrs
Repayment of 3.75% senior subordinated notes RepaymentsOfSubordinatedDebt $300.00M USD 3 Qtrs
Repayment of 3.75% senior subordinated notes RepaymentsOfSubordinatedDebt $300.00M USD 1 Quarter
Net (repayments) borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $95.30M USD 3 Qtrs
Net (repayments) borrowings of other long-term debt ProceedsFromRepaymentsOfOtherLongTermDebt $-253.70M USD 3 Qtrs
Net repayments of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $-18.00M USD 3 Qtrs
Net repayments of floor plan notes payable - non-trade NetBorrowingsRepaymentsOfFloorPlanNotesPayableNonTrade $-547.60M USD 3 Qtrs
Payments for contingent consideration PaymentForContingentConsiderationLiabilityFinancingActivities $31.60M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $174.10M USD 3 Qtrs
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $29.40M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $97.30M USD 3 Qtrs
Dividends PaymentsOfDividendsCommonStock $34.20M USD 3 Qtrs
Payment of deferred financing fees PaymentsOfFinancingCosts $7.80M USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $100.00K USD 3 Qtrs
Other ProceedsFromPaymentsForOtherFinancingActivities $-5.00M USD 3 Qtrs
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-119.00M USD 3 Qtrs
Net cash used in continuing financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $-704.30M USD 3 Qtrs
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $200.00K USD 3 Qtrs
Net cash provided by discontinued operating activities CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations $200.00K USD 3 Qtrs
Net cash provided by discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued investing activities CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued financing activities CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations - USD 3 Qtrs
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $200.00K USD 3 Qtrs
Net cash provided by discontinued operations NetCashProvidedByUsedInDiscontinuedOperations $200.00K USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $7.80M USD 3 Qtrs
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $-500.00K USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $38.10M USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $64.60M USD 3 Qtrs
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $77.50M 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 $92.70M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $77.50M 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 $92.70M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $28.10M USD Point-in-time
Interest InterestPaidNet $106.70M USD 3 Qtrs
Interest InterestPaidNet $139.60M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $32.10M USD 3 Qtrs
Income taxes IncomeTaxesPaidNet $69.80M USD 3 Qtrs
Contingent consideration ContingentConsideration $10.60M USD 3 Qtrs
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $4.30M USD 1 Quarter
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $13.50M USD 3 Qtrs
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $5.10M USD 1 Quarter
Equity compensation StockIssuedDuringPeriodValueShareBasedCompensation $15.20M USD 3 Qtrs
Repurchases of common stock StockRepurchasedDuringPeriodValue $43.60M USD 1 Quarter
Repurchases of common stock StockRepurchasedDuringPeriodValue $200.00K USD 1 Quarter
Repurchases of common stock StockRepurchasedDuringPeriodValue $174.10M USD 3 Qtrs
Repurchases of common stock StockRepurchasedDuringPeriodValue $34.40M USD 3 Qtrs
Dividends DividendsCash $34.20M USD 3 Qtrs
Dividends DividendsCash $32.80M USD 1 Quarter
Dividends DividendsCash $97.30M USD 3 Qtrs
Purchase of subsidiary shares from non-controlling interest MinorityInterestDecreaseFromRedemptions $4.80M USD 3 Qtrs
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $100.00K USD 1 Quarter
Distributions to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $500.00K USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.00M USD 3 Qtrs
Interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $100.00K USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-44.30M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $49.90M USD 1 Quarter
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-15.40M USD 3 Qtrs
Foreign currency translation OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-54.10M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $2.90M USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $3.40M USD 1 Quarter
Other OtherComprehensiveIncomeOtherNetOfTax $800.00K USD 3 Qtrs
Other OtherComprehensiveIncomeOtherNetOfTax $-1.50M USD 1 Quarter
Net income ProfitLoss $343.90M USD 3 Qtrs
Net income ProfitLoss $333.80M USD 3 Qtrs
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $247.60M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.81B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.63B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.66B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.78B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $3.08B USD Point-in-time
Comprehensive Income 42 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $343.90M USD 3 Qtrs
Net income ProfitLoss $333.80M USD 3 Qtrs
Net income ProfitLoss $116.10M USD 1 Quarter
Net income ProfitLoss $247.60M USD 1 Quarter
Unrealized loss arising during the period, tax provision (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $100.00K USD 1 Quarter
Unrealized loss arising during the period, tax provision (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax - USD 1 Quarter
Unrealized loss arising during the period, tax provision (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-1.40M USD 3 Qtrs
Unrealized loss arising during the period, tax provision (benefit) OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax - USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-100.00K USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-44.30M USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $-100.00K USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $49.90M USD 1 Quarter
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-15.40M USD 3 Qtrs
Foreign currency translation adjustment OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-54.10M USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, tax benefit OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax - USD 3 Qtrs
Unrealized gain (loss) arising during the period, net of tax provision (benefit) of $0.1, $0.0, ($1.4), and $0.0, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-3.80M USD 3 Qtrs
Unrealized gain (loss) arising during the period, net of tax provision (benefit) of $0.1, $0.0, ($1.4), and $0.0, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $300.00K USD 1 Quarter
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.1, $0.0, $0.1, and $0.0, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $200.00K USD 3 Qtrs
Reclassification adjustment for loss included in floor plan interest expense, net of tax benefit of $0.1, $0.0, $0.1, and $0.0, respectively OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $200.00K USD 1 Quarter
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-4.00M USD 3 Qtrs
Unrealized gain (loss) on interest rate swaps, net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $100.00K USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $-1.90M USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $1.90M USD 3 Qtrs
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $3.30M USD 1 Quarter
Other adjustments to comprehensive income, net OtherComprehensiveIncomeOtherAdjustmentNetOfTaxPeriodIncreaseDecrease $600.00K USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-18.80M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-52.20M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $53.30M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-46.20M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $325.10M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $300.90M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $281.60M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $69.90M USD 1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-600.00K USD 1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $800.00K USD 3 Qtrs
Less: Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $1.40M USD 1 Quarter
Less: Comprehensive income (loss) attributable to non-controlling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.10M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $299.50M USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $70.50M USD 1 Quarter
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $282.70M USD 3 Qtrs
Comprehensive income attributable to Penske Automotive Group common stockholders ComprehensiveIncomeNetOfTax $324.30M USD 3 Qtrs

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

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