Penske Automotive Group, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $21.39B | $20.12B | $19.28B | $17.23B | $14.48B | $12.90B | $11.04B | $9.94B |
| Cost of Revenue | $18.16B | $17.15B | $16.42B | $14.65B | $12.28B | $10.93B | $9.29B | $8.36B |
| Gross Profit | $3.22B | $2.97B | $2.87B | $2.58B | $2.20B | $1.98B | $1.75B | $1.59B |
| Gross Margin | 15.1% | 14.7% | 14.9% | 15.0% | 15.2% | 15.3% | 15.9% | 15.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $2.52B | $2.30B | $2.22B | $2.01B | $1.71B | $1.56B | $1.41B | $1.29B |
| Operating Income | $611.4M | $574.9M | $566.5M | $500.4M | $429.8M | $365.1M | $295.2M | $253.4M |
| Operating Margin | 2.9% | 2.9% | 2.9% | 2.9% | 3.0% | 2.8% | 2.7% | 2.5% |
| Interest Expense | — | — | — | — | — | — | $45.0M | $49.2M |
| Pretax Income | $548.2M | $508.1M | $491.9M | $457.9M | $371.8M | $290.8M | $248.0M | $185.6M |
| Income Tax Expense | $-64.8M | $160.7M | $158.0M | $153.1M | $123.3M | $94.6M | $71.8M | $63.4M |
| Net Income | $613.3M | $342.9M | $326.1M | $286.7M | $244.2M | $185.5M | $176.9M | $108.3M |
| Net Margin | 2.9% | 1.7% | 1.7% | 1.7% | 1.7% | 1.4% | 1.6% | 1.1% |
| EPS (Basic) | $7.14 | $3.99 | $3.63 | $3.17 | $2.71 | $2.05 | $1.94 | $1.18 |
| EPS (Diluted) | $7.14 | $3.99 | $3.63 | $3.17 | $2.70 | $2.05 | $1.94 | $1.18 |
| Shares Outstanding (Basic) | 85.9M | 86.0M | 89.8M | 90.3M | 90.3M | 90.3M | 91.2M | 92.0M |
| Shares Outstanding (Diluted) | 85.9M | 86.0M | 89.8M | 90.4M | 90.3M | 90.3M | 91.3M | 92.1M |
| Dividends Per Share | $1.26 | $1.10 | $0.94 | $0.78 | $0.62 | $0.46 | $0.24 | — |