Penske Automotive Group, Inc. operates as a transportation services company. The company operates through three segments: Retail Automotive, Retail Commercial Truck, and Other. It operates retail automotive and commercial vehicle dealerships principally in the United States and Western Europe; and distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services primarily in Australia and New Zealand. The company engages in the sale of new and used motor vehicles; and related products and services, such as vehicle service and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products. The company also operates 14 dealerships locations of heavy and medium duty trucks primarily under Freightliner and Western Star brand names, as well as offers a range of used trucks, and service and parts. In addition, it is involved in the sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, and replacement and aftermarket automotive products.
Company Growth (employees)
Key People at Penske Automotive Group
Roger Penske
Penske Automotive Group Office Locations
Penske Automotive Group Data and Metrics
Penske Automotive Group Financial Metrics
Revenue (Q1, 2017) | 5.1 b |
Gross profit (Q1, 2017) | 774.3 m |
Gross profit margin (Q1, 2017), % | 15% |
Net income (Q1, 2017) | 83 m |
EBIT (Q1, 2017) | 150.2 m |
Market capitalization (18-Aug-2017) | 3.4 b |
Cash (31-Mar-2017) | 72.2 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 14.7 b | 17.2 b | 19.3 b | 20.1 b |
Revenue growth, % | 17% | 12% | 4% | |
Cost of goods sold | 12.4 b | 14.6 b | 16.4 b | 17.2 b |
Gross profit | 2.3 b | 2.6 b | 2.9 b | 3 b |
Gross profit Margin, % | 15% | 15% | 15% | 15% |
General and administrative expense | 2.3 b | |||
Operating expense total | 2.3 b | |||
EBIT | 436.2 m | 504.1 m | 527.2 m | 574.9 m |
EBIT margin, % | 3% | 3% | 3% | 3% |
Pre tax profit | 375.4 m | 462 m | 491.9 m | 508.1 m |
Income tax expense | 124.3 m | 153.2 m | 160.7 m | |
Net Income | 245.7 m | 290.1 m | 330.4 m | 346.4 m |
| USD | Q1, 2017 |
|---|---|
Revenue | 5.1 b |
Cost of goods sold | 4.3 b |
Gross profit | 774.3 m |
Gross profit Margin, % | 15% |
General and administrative expense | 601.7 m |
Operating expense total | 601.7 m |
EBIT | 150.2 m |
EBIT margin, % | 3% |
Pre tax profit | 124.7 m |
Income tax expense | (41.1 m) |
Net Income | 83 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2016 |
|---|---|---|---|
Cash | 49.8 m | 36.3 m | 24 m |
Inventories | 2.5 b | 2.8 b | 3.4 b |
Current Assets | 3.3 b | 3.9 b | 4.4 b |
PP&E | 1.2 b | 1.3 b | 1.8 b |
Goodwill | 1.1 b | 1.3 b | 1.3 b |
Total Assets | 6.4 b | 7.2 b | 8.9 b |
Accounts Payable | 374.7 m | 417.6 m | 497.4 m |
Total Debt | 1.1 b | 1.4 b | 1.9 b |
Current Liabilities | 3.3 b | 3.6 b | 4.2 b |
Total Liabilities | 7.1 b | ||
Additional Paid-in Capital | 693.6 m | 690.7 m | 497.1 m |
Retained Earnings | 799.2 m | 1 b | 1.5 b |
Total Equity | 1.5 b | 1.7 b | 1.8 b |
Debt to Equity Ratio | 0.7 x | 0.8 x | 1.1 x |
Debt to Assets Ratio | 0.2 x | 0.2 x | 0.2 x |
Financial Leverage | 4.2 x | 4.3 x | 5 x |
| USD | Q1, 2017 |
|---|---|
Cash | 72.2 m |
Inventories | 3.6 b |
Current Assets | 4.6 b |
PP&E | 1.9 b |
Goodwill | 1.5 b |
Total Assets | 9.4 b |
Accounts Payable | 555.9 m |
Current Liabilities | 4.4 b |
Additional Paid-in Capital | 531.2 m |
Retained Earnings | 1.6 b |
Total Equity | 1.9 b |
Financial Leverage | 5 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 245.7 m | 290.1 m | 346.4 m | |
Depreciation and Amortization | 89.7 m | |||
Accounts Receivable | (38.7 m) | (37.9 m) | (92.5 m) | |
Inventories | (396.3 m) | (115.5 m) | 130.4 m | |
Accounts Payable | 79.3 m | 14.6 m | (17.8 m) | |
Cash From Operating Activities | 314.8 m | (14 m) | 26.1 m | |
Interest Paid | 92.2 m | 98.4 m | 129.8 m | |
Income Taxes Paid | 33.5 m | 114.3 m | 48.6 m |
| USD | Q1, 2017 |
|---|---|
Net Income | 83 m |
Depreciation and Amortization | 22.4 m |
Accounts Receivable | 33.5 m |
Inventories | (52.5 m) |
Accounts Payable | 86 m |
Interest Paid | 20.3 m |
Income Taxes Paid | (8.4 m) |
| USD | Y, 2017 |
|---|---|
Revenue/Employee | 211.7 k |
Financial Leverage | 5 x |
