Penske Automotive Group Inc

Chart & Performance

D1W1MN

P/E

9.55

P/S

0.34

EPS

15.77

Div Yield, %

1.88%

Shrs. gr., 5y

-4.42%

Rev. gr., 5y

5.32%

Revenues

29.53b

+6.16%

Net income

1.05b

-23.68%

CFO

1.09b

-25.04%

Dividend

Aug 15, 20241.07 USD/sh

Earnings

Feb 05, 2025

Profile

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

URL

https://www.penskeautomotive.com/

IPO date

Oct 23, 1996

Employees

27,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	29,527,400 6.16%	27,814,800 8.84%
Cost of revenue	27,994,200	26,199,700
Unusual Expense (Income)
NOPBT	1,533,200	1,615,100
NOPBT Margin	5.19%	5.81%
Operating Taxes	360,900	473,000
Tax Rate	23.54%	29.29%
NOPAT	1,172,300	1,142,100
Net income	1,053,200 -23.68%	1,380,000 16.18%
Dividends	(189,100)	(154,100)
Dividend yield	1.73%	1.80%
Proceeds from repurchase of equity	(358,700)	(869,300)
BB yield	3.29%	10.17%
Debt
Debt current	3,981,200	3,071,500
Long-term debt	6,091,500	6,218,300
Deferred revenue
Other long-term liabilities	270,800	223,100
Net debt	8,201,400	7,546,400
Cash flow
Cash from operating activities	1,093,600	1,459,000
CAPEX	(375,300)	(282,500)
Cash from investing activities	(572,300)	(641,700)
Cash from financing activities	(531,100)	(798,000)
FCF	(76,300)	543,800
Balance
Cash	96,400	106,500
Long term investments	1,774,900	1,636,900
Excess cash	394,930	352,660
Stockholders' equity	4,755,600	4,174,800
Invested Capital	12,368,170	10,999,340
ROIC	10.03%	10.75%
ROCE	10.96%	12.95%
EV
Common stock shares outstanding	67,964	74,395
Price	160.51 39.66%	114.93 7.19%
Market cap	10,908,895 27.59%	8,550,194 0.00%
EV	19,139,695	16,123,394
EBITDA	1,674,200	1,742,400
EV/EBITDA	11.43	9.25
Interest	225,700	122,800
Interest/NOPBT	14.72%	7.60%