Penske Automotive Group, Inc.
PAGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
30,455
Cost of Revenue
25,442
Gross Profit
5,013
Gross Margin
16.5%
Operating Income
1,317
Operating Margin
4.3%
Net Income
919
Net Margin
3.0%
EPS (Basic)
$13.76
EPS (Diluted)
$13.74
EBITDA
1,676
EBITDA Margin
5.5%
2023
12/31/2023
Revenue
29,527
Cost of Revenue
24,594
Gross Profit
4,934
Gross Margin
16.7%
Operating Income
1,352
Operating Margin
4.6%
Net Income
1,053
Net Margin
3.6%
EPS (Basic)
$15.50
EPS (Diluted)
$15.50
EBITDA
1,786
EBITDA Margin
6.0%
2022
12/31/2022
Revenue
27,815
Cost of Revenue
22,976
Gross Profit
4,839
Gross Margin
17.4%
Operating Income
1,488
Operating Margin
5.3%
Net Income
1,380
Net Margin
5.0%
EPS (Basic)
$18.55
EPS (Diluted)
$18.55
EBITDA
2,109
EBITDA Margin
7.6%
2021
12/31/2021
Revenue
25,555
Cost of Revenue
21,114
Gross Profit
4,441
Gross Margin
17.4%
Operating Income
1,356
Operating Margin
5.3%
Net Income
1,188
Net Margin
4.6%
EPS (Basic)
$14.89
EPS (Diluted)
$14.89
EBITDA
1,824
EBITDA Margin
7.1%
2020
12/31/2020
Revenue
20,444
Cost of Revenue
17,259
Gross Profit
3,185
Gross Margin
15.6%
Operating Income
705
Operating Margin
3.4%
Net Income
544
Net Margin
2.7%
EPS (Basic)
$6.74
EPS (Diluted)
$6.74
EBITDA
980
EBITDA Margin
4.8%