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Penske Automotive Group

OverviewSuggest Edit

Penske Automotive Group is an international transportation services company operating automotive dealerships. It distributes commercial vehicles, diesel engines, gas engines, power systems, and related parts and services. The company operates through four reportable segments: Retail Automotive, consisting of retail automotive dealership operations; Retail Commercial Truck, consisting of retail commercial truck dealership operations in the U.S. and Canada; Other, consisting of commercial vehicle and power systems distribution operations and other non-automotive consolidated operations; and Non-Automotive Investments, consisting of equity method investments in non-automotive operations.
TypePublic
Founded1990
HQBloomfield Hills, MI, USMap
Websitepenskeautomotive.com
Employee Ratings4.3More
Overall CultureC+More
View Jobs (589)

Locations

Penske Automotive Group is headquartered in
Bloomfield Hills, United States

Location Map
All Locations (1)

Latest Updates

Employees (est.) (Dec 2019)27,000
Job Openings589
Revenue (FY, 2020)$20.4 B(-11%)
Share Price (May 2022)$115.9(+7%)
Cybersecurity ratingDMore
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Key People/Management at Penske Automotive Group

Roger S. Penske

Roger S. Penske

Chair of the Board and CEO
Robert H. Kurnick

Robert H. Kurnick

President
Claude H. Denker

Claude H. Denker

Executive Vice President, Human Resources
George W. Brochick

George W. Brochick

Executive Vice President, Strategic Development
J.D. Carlson

J.D. Carlson

Executive Vice President and Chief Financial Officer
Gerard Nieuwenhuys

Gerard Nieuwenhuys

Chairman of the Sytner Group
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Penske Automotive Group Office Locations

Penske Automotive Group has an office in Bloomfield Hills
Bloomfield Hills, MI, US (HQ)
2555 S Telegraph Rd
Show all (1)

Penske Automotive Group Financials and Metrics

Penske Automotive Group Revenue

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Penske Automotive Group's revenue was reported to be $20.44 b in FY, 2020
USD

Revenue (FY, 2020)

20.4b

Gross profit (FY, 2020)

3.2b

Gross profit margin (FY, 2020), %

15.6%

Net income (FY, 2020)

545.3m

EBIT (FY, 2020)

704.5m

Market capitalization (13-May-2022)

9.0b

Closing stock price (13-May-2022)

115.9

Cash (31-Dec-2020)

49.5m

EV

13.0b
Penske Automotive Group's current market capitalization is $9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

21.4b22.8b23.2b20.4b

Revenue growth, %

7%2%

Cost of goods sold

18.2b19.4b19.7b17.3b

Gross profit

3.2b3.4b3.5b3.2b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

5.7b5.9b5.7b5.6b5.8b6.0b5.0b3.7b6.0b

Cost of goods sold

4.9b5.1b4.8b4.7b4.9b5.1b4.2b3.1b5.0b

Gross profit

864.4m889.8m852.6m851.5m867.8m869.7m776.7m552.9m956.5m

Gross profit Margin, %

15%15%15%15%15%15%16%15%16%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

45.7m39.4m28.1m49.5m

Accounts Receivable

954.9m929.1m960.3m806.9m

Inventories

3.9b4.0b4.3b3.4b

Current Assets

5.0b5.1b5.3b4.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

52.8m45.8m37.6m43.5m43.8m77.5m431.9m159.3m92.7m

Accounts Receivable

1.0b919.6m953.4m1.0b944.4m967.3m616.3m756.6m848.2m

Inventories

4.0b3.9b3.8b4.1b4.0b4.0b4.3b3.4b3.2b

Current Assets

5.2b5.0b4.9b5.3b5.1b5.2b5.4b4.4b4.3b
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

612.8m470.3m435.1m545.3m

Depreciation and Amortization

95.1m103.7m109.6m115.5m

Inventories

(419.9m)(12.6m)(117.8m)805.4m

Accounts Payable

272.0m(17.1m)71.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

107.8m243.0m373.1m99.2m217.7m333.8m51.7m96.8m343.4m

Depreciation and Amortization

25.6m51.3m77.2m26.4m53.5m81.0m28.5m56.4m85.4m

Inventories

9.2m93.3m205.2m(90.5m)35.5m119.9m(9.3m)827.3m1.0b

Accounts Payable

108.8m28.7m26.2m134.5m55.3m128.6m(84.9m)35.5m172.1m
show all
USDFY, 2017

Revenue/Employee

822.6k

Financial Leverage

4.3 x
Show all financial metrics

Penske Automotive Group Operating Metrics

Penske Automotive Group's Vehicles Shipped was reported to be 629 k in FY, 2019.
FY, 2017FY, 2018FY, 2019

Brands

404035

Dealers' Locations

707070

Retail Automotive Franchises (US)

155154145

Vehicles Shipped

618.9 k644 k629 k
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Penske Automotive Group Acquisitions / Subsidiaries

Company NameDateDeal Size
Schumacher EuropeanApril 10, 2017
CarSenseDecember 01, 2016
Harper Truck CentresApril 12, 2016
Schneider Nelson Auto GroupNovember 18, 2015
Premier Truck GroupNovember 04, 2014
MTU Detroit DieselOctober 01, 2014
Western Star TrucksAugust 30, 2013
Audi Zentrum Aachen Jacobs Auto GmbH
Classic Auto Group, Inc.
Dan Young Chevrolet, Inc.
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Penske Automotive Group Revenue Breakdown

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Penske Automotive Group revenue breakdown by business segment: 88.9% from Retail Automotive, 8.8% from Retail Commercial Truck and 2.2% from Other

Penske Automotive Group revenue breakdown by geographic segment: 58.3% from US and 41.7% from Non-US

Human Capital Metrics

Source: s23.q4cdn.com
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Penske Automotive Group Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

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Penske Automotive Group Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

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Penske Automotive Group Online and Social Media Presence

Penske Automotive Group's Trends

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Penske Automotive Group Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    A+

    81/100

  • Compensation

    D+

    57/100

  • Diversity

    C

    65/100

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 Penske Automotive Group Frequently Asked Questions

  • When was Penske Automotive Group founded?

    Penske Automotive Group was founded in 1990.

  • Who are Penske Automotive Group key executives?

    Penske Automotive Group's key executives are Roger S. Penske, Robert H. Kurnick and Claude H. Denker.

  • How many employees does Penske Automotive Group have?

    Penske Automotive Group has 27,000 employees.

  • What is Penske Automotive Group revenue?

    Latest Penske Automotive Group annual revenue is $20.4 b.

  • What is Penske Automotive Group revenue per employee?

    Latest Penske Automotive Group revenue per employee is $757.2 k.

  • Who are Penske Automotive Group competitors?

    Competitors of Penske Automotive Group include Stewart & Stevenson, Volvo Group and Midwest Peterbilt Group.

  • Where is Penske Automotive Group headquarters?

    Penske Automotive Group headquarters is located at 2555 S Telegraph Rd, Bloomfield Hills.

  • Where are Penske Automotive Group offices?

    Penske Automotive Group has an office in Bloomfield Hills.

  • How many offices does Penske Automotive Group have?

    Penske Automotive Group has 1 office.