15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 9.2% per year over the past 5 years.
Net income has grown faster than revenue (11.5% vs 9.2% per year).
Operating margin has been roughly flat, at 4.0% in the latest year.
Free cash flow has declined 17.9% per year over the past 5 years.
Financial health
Total debt ($2.2B) exceeds cash ($65M); net debt is $2.1B.
Total debt has grown slower than revenue (5.1% vs 9.2% per year).
Total debt is 1.7× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 36.8% of earnings and 52.9% of free cash flow.
The dividend has grown 38.2% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$31.8B
$935M
16.4%
4.0%
$651M
$2.2B
$65M
2024
$31.9B
$969M
16.4%
4.3%
$853M
$1.9B
$84M
2023
$30.9B
$1.1B
16.6%
4.6%
$759M
$1.6B
$96M
2022
$27.8B
$1.4B
17.4%
5.3%
$1.2B
$1.6B
$107M
2021
$25.6B
$1.2B
17.4%
5.3%
—
$1.5B
$101M
2020
$20.4B
$544M
15.6%
3.4%
—
$1.7B
$50M
2019
$23.2B
$436M
14.9%
2.8%
—
$2.4B
$28M
2018
$22.8B
$471M
15.0%
2.9%
—
$2.2B
$39M
2017
$21.4B
$613M
15.1%
2.9%
—
$2.2B
$46M
2016
$20.1B
$343M
14.7%
2.9%
—
$1.9B
$24M
2015
—
$326M
—
—
—
$1.3B
$62M
2014
—
$287M
—
—
—
$1.4B
$36M
2013
—
$244M
—
—
—
$996M
$50M
2012
—
$186M
—
—
—
$937M
$44M
2011
—
$177M
—
—
—
$850M
$27M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$7.9B
$235M
16.5%
3.7%
$152M
$2.6B
$84M
Dec '25
$7.8B
$186M
16.0%
4.1%
$25M
$2.2B
$65M
Sep '25
$8.1B
$225M
16.1%
3.7%
$300M
$1.6B
$80M
Jun '25
$8.0B
$267M
16.8%
4.3%
$119M
$1.8B
$155M
Mar '25
$8.0B
$258M
16.6%
4.1%
$206M
$1.8B
$118M
Dec '24
$8.1B
$249M
16.3%
4.8%
$173M
$1.9B
$84M
Sep '24
$7.9B
$238M
16.3%
4.0%
$190M
$1.9B
$92M
Jun '24
$8.1B
$255M
16.3%
4.2%
$136M
$1.8B
$115M
Mar '24
$7.4B
$215M
16.7%
4.4%
$354M
$1.7B
$117M
Dec '23
$7.3B
$191M
16.3%
3.7%
-$32M
$1.6B
$96M
Sep '23
$7.4B
$263M
16.4%
4.5%
$331M
$1.7B
$104M
Jun '23
$7.5B
$301M
17.0%
5.1%
$210M
$1.7B
$120M
Mar '23
$7.3B
$298M
17.1%
5.1%
$209M
$1.7B
$101M
Dec '22
$7.0B
$298M
16.9%
4.8%
—
$1.6B
$107M
Sep '22
$6.9B
$340M
17.1%
5.2%
$271M
$1.6B
$92M
Jun '22
$6.9B
$374M
17.9%
5.6%
$417M
$1.5B
$155M
Mar '22
$7.0B
$368M
17.7%
5.8%
$324M
$1.5B
$170M
Dec '21
$6.3B
$311M
18.7%
5.7%
—
$1.5B
$101M
Sep '21
$6.5B
$355M
17.9%
5.8%
—
$1.4B
$119M
Jun '21
$7.0B
$339M
16.9%
5.8%
—
$1.5B
$165M
Valuation over time
How the market has priced PAG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 6.6× (Mar '23) to 12.9× (Jun '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.4× (Jun '26).
The dividend yield has risen from 1.7% (Mar '23) to 2.8% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is PAG growing its revenue and profit?
Over the past 5 years, Penske Automotive Group, Inc.'s revenue has grown 9.2% per year, and net income grown 11.5% per year. These are computed facts, not advice.
How much debt does PAG have?
As of FY2025, Penske Automotive Group, Inc. reported $2.2B of total debt against $65M of cash.
What is PAG's profit margin?
In FY2025, gross margin was 16.4%, operating margin 4.0%, and net margin 2.9%.
What is PAG's P/E ratio?
As of Jun '26, Penske Automotive Group, Inc. traded at a price-to-earnings ratio of about 12.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.