Penske Automotive Group Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $31.81B | $31.86B | $30.92B | $27.81B | $25.55B | $20.44B | $23.18B | $22.79B |
| Cost of Revenue | $26.59B | $26.65B | $25.77B | $22.98B | $21.11B | $17.26B | $19.72B | $19.37B |
| Gross Profit | $5.22B | $5.22B | $5.15B | $4.84B | $4.44B | $3.18B | $3.46B | $3.41B |
| Gross Margin | 16.4% | 16.4% | 16.6% | 17.4% | 17.4% | 15.6% | 14.9% | 15.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $3.76B | $3.69B | $3.55B | $3.22B | $2.96B | $2.36B | $2.69B | $2.65B |
| Operating Income | $1.28B | $1.37B | $1.41B | $1.49B | $1.36B | $704.5M | $652.7M | $664.9M |
| Operating Margin | 4.0% | 4.3% | 4.6% | 5.3% | 5.3% | 3.4% | 2.8% | 2.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.26B | $1.29B | $1.48B | $1.86B | $1.61B | $707.6M | $591.5M | $604.1M |
| Income Tax Expense | $325.8M | $316.5M | $360.9M | $473.0M | $416.3M | $162.7M | $156.7M | $134.3M |
| Net Income | $935.4M | $968.9M | $1.11B | $1.38B | $1.19B | $543.6M | $435.8M | $471.0M |
| Net Margin | 2.9% | 3.0% | 3.6% | 5.0% | 4.6% | 2.7% | 1.9% | 2.1% |
| EPS (Basic) | $14.13 | $14.49 | $16.31 | $18.55 | $14.89 | $6.74 | $5.28 | $5.53 |
| EPS (Diluted) | $14.13 | $14.49 | $16.31 | $18.55 | $14.89 | $6.74 | $5.28 | $5.53 |
| Shares Outstanding (Basic) | 66.2M | 66.9M | 68.0M | 74.4M | 79.7M | 80.6M | 82.5M | 85.2M |
| Shares Outstanding (Diluted) | 66.2M | 66.9M | 68.0M | 74.4M | 79.7M | 80.6M | 82.5M | 85.2M |
| Dividends Per Share | $5.18 | $4.09 | $2.78 | $2.07 | $1.78 | $0.84 | $1.58 | $1.42 |