v3.26.1
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 69.5 $ 64.7
Accounts receivable, net of allowance for doubtful accounts of $5.6 and $6.9 1,061.9 1,070.3
Inventories 5,109.7 4,814.7
Other current assets 269.9 242.9
Total current assets 6,511.0 6,192.6
Property and equipment, net 3,289.8 3,224.6
Operating lease right-of-use assets 2,493.2 2,543.8
Goodwill 2,813.6 2,435.7
Other indefinite-lived intangible assets 1,294.3 1,164.2
Equity method investments 1,974.5 1,923.7
Other long-term assets 108.9 113.1
Total assets 18,485.3 17,597.7
LIABILITIES AND EQUITY    
Floor plan notes payable 2,700.7 2,532.8
Floor plan notes payable — non-trade 1,664.4 1,561.5
Accounts payable 915.2 899.8
Accrued expenses and other current liabilities 1,017.3 930.0
Current portion of long-term debt 377.3 355.0
Total current liabilities 6,674.9 6,279.1
Long-term debt 2,118.7 1,810.5
Long-term operating lease liabilities 2,389.8 2,461.5
Deferred tax liabilities 1,207.5 1,200.4
Other long-term liabilities 261.0 265.3
Total liabilities 12,651.9 12,016.8
Commitments and contingent liabilities (Note 10)
Penske Automotive Group stockholders' equity:    
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding 0.0 0.0
Common stock 0.0 0.0
Additional paid-in capital 0.0 0.0
Retained earnings 6,031.8 5,750.1
Accumulated other comprehensive loss (216.5) (187.7)
Total Penske Automotive Group stockholders' equity 5,815.3 5,562.4
Non-controlling interest 18.1 18.5
Total equity 5,833.4 5,580.9
Total liabilities and equity 18,485.3 17,597.7
Non-voting Common Stock    
Penske Automotive Group stockholders' equity:    
Common stock 0.0 0.0
Class C Common Stock    
Penske Automotive Group stockholders' equity:    
Common stock $ 0.0 $ 0.0