Penske Automotive Group Inc
NYSE:PAG
Income Statement
Earnings Waterfall
Penske Automotive Group Inc
Revenue
|
29.6B
USD
|
Cost of Revenue
|
-24.7B
USD
|
Gross Profit
|
4.9B
USD
|
Operating Expenses
|
-3.6B
USD
|
Operating Income
|
1.3B
USD
|
Other Expenses
|
-335.5m
USD
|
Net Income
|
970.1m
USD
|
Income Statement
Penske Automotive Group Inc
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
15 148
N/A
|
15 912
+5%
|
16 550
+4%
|
17 232
+4%
|
17 700
+3%
|
18 226
+3%
|
18 789
+3%
|
19 285
+3%
|
19 627
+2%
|
19 960
+2%
|
20 152
+1%
|
20 119
0%
|
20 375
+1%
|
20 504
+1%
|
20 877
+2%
|
21 387
+2%
|
22 053
+3%
|
22 610
+3%
|
22 744
+1%
|
22 785
+0%
|
22 603
-1%
|
22 418
-1%
|
22 727
+1%
|
23 179
+2%
|
22 624
-2%
|
20 519
-9%
|
20 523
+0%
|
20 444
0%
|
21 209
+4%
|
24 545
+16%
|
25 071
+2%
|
25 555
+2%
|
26 756
+5%
|
26 676
0%
|
27 099
+2%
|
27 815
+3%
|
28 178
+1%
|
28 740
+2%
|
29 267
+2%
|
29 527
+1%
|
29 636
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(12 860)
|
(13 526)
|
(14 087)
|
(14 653)
|
(15 045)
|
(15 497)
|
(15 979)
|
(16 417)
|
(16 725)
|
(17 019)
|
(17 196)
|
(17 152)
|
(17 358)
|
(17 441)
|
(17 735)
|
(18 164)
|
(18 740)
|
(19 225)
|
(19 329)
|
(19 370)
|
(19 201)
|
(19 038)
|
(19 330)
|
(19 724)
|
(19 243)
|
(17 454)
|
(17 371)
|
(17 259)
|
(17 888)
|
(20 594)
|
(20 911)
|
(21 114)
|
(21 997)
|
(21 862)
|
(22 264)
|
(22 976)
|
(23 319)
|
(23 845)
|
(24 338)
|
(24 594)
|
(24 710)
|
|
Gross Profit |
2 288
N/A
|
2 386
+4%
|
2 463
+3%
|
2 579
+5%
|
2 655
+3%
|
2 729
+3%
|
2 811
+3%
|
2 868
+2%
|
2 901
+1%
|
2 941
+1%
|
2 956
+1%
|
2 967
+0%
|
3 017
+2%
|
3 063
+2%
|
3 142
+3%
|
3 223
+3%
|
3 313
+3%
|
3 385
+2%
|
3 415
+1%
|
3 415
0%
|
3 402
0%
|
3 380
-1%
|
3 397
+1%
|
3 456
+2%
|
3 381
-2%
|
3 066
-9%
|
3 153
+3%
|
3 185
+1%
|
3 321
+4%
|
3 951
+19%
|
4 160
+5%
|
4 441
+7%
|
4 759
+7%
|
4 814
+1%
|
4 835
+0%
|
4 839
+0%
|
4 859
+0%
|
4 895
+1%
|
4 929
+1%
|
4 934
+0%
|
4 927
0%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 843)
|
(1 919)
|
(1 977)
|
(2 079)
|
(2 140)
|
(2 189)
|
(2 252)
|
(2 301)
|
(2 326)
|
(2 361)
|
(2 381)
|
(2 392)
|
(2 436)
|
(2 474)
|
(2 542)
|
(2 612)
|
(2 676)
|
(2 732)
|
(2 750)
|
(2 750)
|
(2 754)
|
(2 749)
|
(2 761)
|
(2 803)
|
(2 780)
|
(2 566)
|
(2 538)
|
(2 480)
|
(2 503)
|
(2 802)
|
(2 917)
|
(3 084)
|
(3 238)
|
(3 290)
|
(3 326)
|
(3 351)
|
(3 400)
|
(3 443)
|
(3 508)
|
(3 542)
|
(3 621)
|
|
Selling, General & Administrative |
(1 782)
|
(1 856)
|
(1 911)
|
(2 009)
|
(2 067)
|
(2 114)
|
(2 175)
|
(2 223)
|
(2 246)
|
(2 276)
|
(2 294)
|
(2 302)
|
(2 345)
|
(2 384)
|
(2 449)
|
(2 516)
|
(2 577)
|
(2 631)
|
(2 648)
|
(2 646)
|
(2 650)
|
(2 643)
|
(2 653)
|
(2 693)
|
(2 669)
|
(2 453)
|
(2 424)
|
(2 365)
|
(2 387)
|
(2 683)
|
(2 798)
|
(2 963)
|
(3 096)
|
(3 164)
|
(3 199)
|
(3 224)
|
(3 271)
|
(3 311)
|
(3 372)
|
(3 401)
|
(3 436)
|
|
Depreciation & Amortization |
(61)
|
(64)
|
(66)
|
(70)
|
(73)
|
(75)
|
(77)
|
(78)
|
(80)
|
(85)
|
(87)
|
(90)
|
(91)
|
(90)
|
(93)
|
(95)
|
(98)
|
(101)
|
(102)
|
(104)
|
(105)
|
(106)
|
(108)
|
(110)
|
(112)
|
(113)
|
(114)
|
(116)
|
(116)
|
(119)
|
(120)
|
(122)
|
(124)
|
(126)
|
(127)
|
(127)
|
(129)
|
(132)
|
(136)
|
(141)
|
(145)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(41)
|
|
Operating Income |
445
N/A
|
467
+5%
|
486
+4%
|
500
+3%
|
515
+3%
|
540
+5%
|
558
+3%
|
567
+2%
|
575
+1%
|
580
+1%
|
576
-1%
|
575
0%
|
581
+1%
|
589
+1%
|
600
+2%
|
611
+2%
|
637
+4%
|
654
+3%
|
665
+2%
|
665
0%
|
648
-3%
|
631
-3%
|
637
+1%
|
653
+3%
|
600
-8%
|
500
-17%
|
615
+23%
|
705
+15%
|
818
+16%
|
1 149
+41%
|
1 243
+8%
|
1 356
+9%
|
1 522
+12%
|
1 524
+0%
|
1 509
-1%
|
1 488
-1%
|
1 459
-2%
|
1 453
0%
|
1 421
-2%
|
1 392
-2%
|
1 306
-6%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(57)
|
(57)
|
(56)
|
(43)
|
(44)
|
(46)
|
(52)
|
(75)
|
(79)
|
(84)
|
(79)
|
(67)
|
(68)
|
(62)
|
(64)
|
(63)
|
(69)
|
(67)
|
(60)
|
(61)
|
(54)
|
(54)
|
(58)
|
(61)
|
(71)
|
(70)
|
(31)
|
3
|
66
|
154
|
225
|
268
|
336
|
370
|
376
|
371
|
309
|
217
|
137
|
68
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(17)
|
(17)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(41)
|
0
|
|
Pre-Tax Income |
388
N/A
|
410
+6%
|
430
+5%
|
458
+7%
|
471
+3%
|
494
+5%
|
507
+2%
|
492
-3%
|
496
+1%
|
496
N/A
|
497
+0%
|
508
+2%
|
513
+1%
|
527
+3%
|
535
+2%
|
548
+2%
|
568
+4%
|
587
+3%
|
605
+3%
|
604
0%
|
594
-2%
|
577
-3%
|
579
+0%
|
592
+2%
|
529
-11%
|
431
-19%
|
584
+36%
|
708
+21%
|
884
+25%
|
1 286
+46%
|
1 451
+13%
|
1 608
+11%
|
1 858
+16%
|
1 894
+2%
|
1 885
0%
|
1 859
-1%
|
1 769
-5%
|
1 669
-6%
|
1 559
-7%
|
1 420
-9%
|
1 307
-8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(130)
|
(136)
|
(145)
|
(153)
|
(157)
|
(164)
|
(166)
|
(158)
|
(159)
|
(158)
|
(158)
|
(161)
|
(162)
|
(165)
|
(168)
|
(179)
|
(174)
|
(165)
|
(147)
|
(134)
|
(132)
|
(133)
|
(148)
|
(157)
|
(142)
|
(117)
|
(139)
|
(163)
|
(207)
|
(314)
|
(370)
|
(416)
|
(480)
|
(480)
|
(486)
|
(473)
|
(452)
|
(426)
|
(393)
|
(361)
|
(332)
|
|
Income from Continuing Operations |
259
|
274
|
285
|
305
|
314
|
331
|
341
|
334
|
337
|
338
|
339
|
347
|
351
|
361
|
367
|
370
|
394
|
422
|
458
|
470
|
461
|
444
|
430
|
435
|
387
|
313
|
445
|
545
|
677
|
972
|
1 081
|
1 191
|
1 378
|
1 413
|
1 399
|
1 386
|
1 316
|
1 243
|
1 166
|
1 059
|
975
|
|
Income to Minority Interest |
(2)
|
(2)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(1)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(0)
|
1
|
(0)
|
(2)
|
(3)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(7)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
|
Net Income (Common) |
254
N/A
|
265
+4%
|
274
+3%
|
287
+5%
|
294
+3%
|
316
+7%
|
328
+4%
|
326
0%
|
330
+1%
|
330
0%
|
331
+0%
|
343
+4%
|
346
+1%
|
359
+4%
|
366
+2%
|
613
+68%
|
639
+4%
|
667
+4%
|
703
+5%
|
471
-33%
|
463
-2%
|
446
-4%
|
432
-3%
|
436
+1%
|
387
-11%
|
315
-19%
|
445
+41%
|
544
+22%
|
674
+24%
|
968
+44%
|
1 077
+11%
|
1 188
+10%
|
1 373
+16%
|
1 408
+3%
|
1 393
-1%
|
1 380
-1%
|
1 310
-5%
|
1 237
-6%
|
1 161
-6%
|
1 053
-9%
|
970
-8%
|
|
EPS (Diluted) |
2.8
N/A
|
2.9
+4%
|
3.03
+4%
|
3.18
+5%
|
3.26
+3%
|
3.49
+7%
|
3.63
+4%
|
3.62
0%
|
3.72
+3%
|
3.86
+4%
|
3.88
+1%
|
4
+3%
|
4.04
+1%
|
4.16
+3%
|
4.27
+3%
|
7.12
+67%
|
7.42
+4%
|
7.84
+6%
|
8.28
+6%
|
5.54
-33%
|
5.48
-1%
|
5.38
-2%
|
5.29
-2%
|
5.31
+0%
|
4.77
-10%
|
3.9
-18%
|
5.52
+42%
|
6.71
+22%
|
8.35
+24%
|
11.99
+44%
|
13.53
+13%
|
14.88
+10%
|
17.78
+19%
|
18.57
+4%
|
18.87
+2%
|
18.55
-2%
|
18.93
+2%
|
18.14
-4%
|
17.24
-5%
|
15.5
-10%
|
14.45
-7%
|