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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$31.8B
$935M
16.4%
4.0%
16.8%
5.3%
$651M
$2.2B
$65M
2024
$31.9B
$969M
16.4%
4.3%
17.9%
5.7%
$853M
$1.9B
$84M
2023
$30.9B
$1.1B
16.6%
4.6%
23.5%
7.1%
$759M
$1.6B
$96M
2022
$27.8B
$1.4B
17.4%
5.3%
33.3%
9.8%
$1.2B
$1.6B
$107M
2021
$25.6B
$1.2B
17.4%
5.3%
29.2%
8.8%
—
$1.5B
$101M
2020
$20.4B
$544M
15.6%
3.4%
16.5%
4.1%
—
$1.7B
$50M
2019
$23.2B
$436M
14.9%
2.8%
15.6%
3.1%
—
$2.4B
$28M
2018
$22.8B
$471M
15.0%
2.9%
18.1%
4.3%
—
$2.2B
$39M
2017
$21.4B
$613M
15.1%
2.9%
25.6%
5.8%
—
$2.2B
$46M
2016
$20.1B
$343M
14.7%
2.9%
19.6%
3.9%
—
$1.9B
$24M
2015
—
$326M
—
—
18.2%
4.1%
—
$1.3B
$62M
2014
—
$287M
—
—
17.3%
4.0%
—
$1.4B
$36M
2013
—
$244M
—
—
16.2%
3.8%
—
$996M
$50M
2012
—
$186M
—
—
14.2%
3.4%
—
$937M
$44M
2011
—
$177M
—
—
15.4%
3.9%
—
$850M
$27M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$8.4B
$221M
15.7%
3.6%
3.7%
1.2%
$223M
$2.4B
$68M
Jun '26
$8.5B
$260M
15.9%
4.0%
4.5%
1.4%
$132M
$2.5B
$70M
Mar '26
$7.9B
$235M
16.5%
3.7%
4.1%
1.3%
$152M
$2.6B
$84M
Dec '25
$7.8B
$186M
16.0%
4.1%
3.3%
1.1%
$25M
$2.2B
$65M
Sep '25
$8.1B
$225M
16.1%
3.9%
3.9%
1.3%
$318M
$1.6B
$80M
Jun '25
$8.0B
$267M
16.8%
4.5%
4.7%
1.5%
$136M
$1.8B
$155M
Mar '25
$8.0B
$258M
16.6%
4.1%
4.8%
1.5%
$206M
$1.8B
$118M
Dec '24
$8.1B
$249M
16.3%
4.8%
4.6%
1.5%
$173M
$1.9B
$84M
Sep '24
$7.9B
$238M
16.3%
4.0%
4.6%
1.4%
$190M
$1.9B
$92M
Jun '24
$8.1B
$255M
16.3%
4.2%
5.1%
1.5%
$136M
$1.8B
$115M
Mar '24
$7.4B
$215M
16.7%
4.4%
4.5%
1.3%
$354M
$1.7B
$117M
Dec '23
$7.3B
$191M
16.3%
3.7%
4.0%
1.2%
-$32M
$1.6B
$96M
Sep '23
$7.4B
$263M
16.4%
4.5%
5.8%
1.8%
$331M
$1.7B
$104M
Jun '23
$7.5B
$301M
17.0%
5.1%
6.9%
2.0%
$210M
$1.7B
$120M
Mar '23
$7.3B
$298M
17.1%
5.1%
6.9%
2.1%
$209M
$1.7B
$101M
Dec '22
$7.0B
$298M
16.9%
4.8%
7.2%
2.1%
—
$1.6B
$107M
Sep '22
$6.9B
$340M
17.1%
5.2%
8.4%
2.5%
$271M
$1.6B
$92M
Jun '22
$6.9B
$374M
17.9%
5.6%
8.9%
2.8%
$417M
$1.5B
$155M
Mar '22
$7.0B
$368M
17.7%
5.8%
8.9%
2.7%
$324M
$1.5B
$170M
Dec '21
$6.3B
$311M
18.7%
5.7%
7.6%
2.3%
—
$1.5B
$101M
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 15.0× (Nov '26).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.4× (Nov '26).
The dividend yield has risen from 1.7% (Mar '23) to 2.5% (Nov '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?
Penske Automotive Group, Inc.'s P/E (TTM) is 15.55 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the PAG stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 15.0× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.