PAG FINANCIAL STATEMENTS

Penske Automotive Group Inc — balance sheet, income statement and cash flow trends

PAGPenske Automotive Group Inc

🇺🇸 USA · NYSE · Consumer Cyclical · Auto & Truck Dealerships

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue32.1 B $+4.8%

Gross Profit5.2 B $+4.2%

Operating Income1.3 B $-3.9%

EBITDA1.7 B $-1.5%

Net Income925.6 M $-2.4%

Peer Comparison· Auto & Truck Dealerships

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
PAG	4.8%	16.4%	5.3%	2.9%
APE	16.5%	12.8%	5.7%	1.7%
BYD	9.4%	42.2%	10.3%	0.4%
DOAS	9.1%	12.0%	5.6%	1.2%
Industry median	4.8%	18.9%	5.8%	2.2%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
PAG	4.8%	16.4%	5.3%	2.9%
KMX	-1.6%	10.2%	4.3%	0.8%
LAD	2.5%	15.2%	5.6%	1.9%
AN	1.9%	17.5%	5.8%	2.5%
RUSHB	-6.6%	18.9%	8.2%	3.6%
RUSHA	-6.6%	18.9%	8.2%	3.6%
Industry median	4.8%	18.9%	5.8%	2.2%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity5.7 B $31%
Current Liabilities6.6 B $36%
Long-term Liabilities6.1 B $33%

Key Figures

YoY change

Total Assets18.3 B $+8.2%

Total Liabilities12.6 B $+9.7%

Total Equity5.7 B $+5.3%

Cash & ST Investments83.7 M $-29.3%

Total Debt9.3 B $+15.2%

Net Debt9.2 B $+15.9%

Peer Comparison· Auto & Truck Dealerships

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
PAG	0.96	164.2%	5.47	31.0%
APE	1.09	202.1%	4.41	30.1%
BYD	0.60	119.3%	5.80	40.0%
DOAS	1.25	47.6%	1.88	47.7%
Industry median	1.13	180.9%	6.07	29.8%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
PAG	0.96	164.2%	5.47	31.0%
KMX	2.70	304.7%	16.41	23.0%
LAD	0.99	252.6%	7.44	24.8%
AN	0.81	470.6%	6.52	15.2%
RUSHB	1.46	63.3%	2.02	50.2%
RUSHA	1.46	63.3%	2.02	50.2%
Industry median	1.13	180.9%	6.07	29.8%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow775.3 M $-28.2%

Capital Expenditures310.6 M $-9.4%

Free Cash Flow464.7 M $-36.9%

Dividends Paid-354.6 M $-219.2%

Peer Comparison· Auto & Truck Dealerships

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
PAG	2.4%	1.4%	1.0%	83.8%
APE	3.5%	3.0%	0.5%	202.5%
BYD	11.4%	9.7%	1.7%	2,864.8%
DOAS	-2.4%	-3.0%	1.1%	-202.9%
Industry median	4.2%	2.7%	1.5%	177.8%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
PAG	2.4%	1.4%	1.0%	83.8%
KMX	5.7%	3.8%	1.9%	674.9%
LAD	-0.2%	-1.2%	1.0%	-10.4%
AN	0.7%	-0.4%	1.1%	27.5%
RUSHB	10.9%	2.6%	8.4%	300.3%
RUSHA	10.9%	2.6%	8.4%	300.3%
Industry median	4.2%	2.7%	1.5%	177.8%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

Go deeper on PAG

Run a DCF valuation

Full DCF model with editable assumptions

Start a head-to-head duel

Compare two stocks metric by metric

Filter in the stock screener

Build your own universe with 400+ metrics

Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.