v3.26.1
CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue:        
Total revenues $ 8,512.7 $ 8,032.5 $ 16,376.3 $ 15,986.3
Cost of sales:        
Total cost of sales 7,155.7 6,680.3 13,719.9 13,312.7
Gross profit 1,357.0 1,352.2 2,656.4 2,673.6
Selling, general, and administrative expenses 974.0 943.8 1,939.6 1,895.2
Depreciation 45.4 43.1 90.2 83.7
Operating income 337.6 365.3 626.6 694.7
Floor plan interest expense (38.5) (43.8) (76.6) (85.8)
Other interest expense (33.1) (21.6) (61.5) (44.1)
Gain on sale of dealerships 30.5 0.0 90.9 52.3
Equity in earnings of affiliates 57.3 53.6 98.1 86.9
Income before income taxes 353.8 353.5 677.5 704.0
Income taxes (92.6) (86.0) (181.4) (178.1)
Net income 261.2 267.5 496.1 525.9
Less: Income attributable to non-controlling interests 0.8 0.9 1.2 1.6
Net income attributable to Penske Automotive Group common stockholders $ 260.4 $ 266.6 $ 494.9 $ 524.3
Basic earnings per share attributable to Penske Automotive Group common stockholders:        
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.96 $ 4.03 $ 7.53 $ 7.89
Shares used in determining basic earnings per share (in shares) 65,721,612 66,172,701 65,758,318 66,470,709
Diluted earnings per share attributable to Penske Automotive Group common stockholders:        
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.96 $ 4.03 $ 7.52 $ 7.89
Shares used in determining diluted earnings per share (in shares) 65,733,900 66,187,252 65,770,606 66,485,260
Amounts attributable to Penske Automotive Group common stockholders:        
Net income $ 261.2 $ 267.5 $ 496.1 $ 525.9
Less: Income attributable to non-controlling interests 0.8 0.9 1.2 1.6
Net income attributable to Penske Automotive Group common stockholders $ 260.4 $ 266.6 $ 494.9 $ 524.3
Cash dividends per share (in dollars per share) $ 1.42 $ 1.26 $ 2.82 $ 2.48
Retail automotive dealership        
Revenue:        
Total revenues $ 7,301.0 $ 6,887.7 $ 14,268.1 $ 13,806.3
Cost of sales:        
Total cost of sales 6,144.5 5,723.3 11,986.6 11,505.7
Depreciation 39.4 37.5 78.3 72.7
Floor plan interest expense (34.4) (36.7) (68.8) (72.7)
Other interest expense (30.0) (17.5) (56.5) (35.5)
Equity in earnings of affiliates 0.0 0.3 0.0 0.5
Income before income taxes 229.8 238.9 468.8 504.4
Retail commercial truck dealership        
Revenue:        
Total revenues 927.8 943.6 1,622.4 1,767.3
Cost of sales:        
Total cost of sales 785.0 800.0 1,351.4 1,482.7
Depreciation 4.4 4.1 8.8 8.1
Floor plan interest expense (2.8) (4.9) (5.2) (8.6)
Other interest expense 0.0 0.0 0.0 0.0
Equity in earnings of affiliates 0.0 0.0 0.0 0.0
Income before income taxes 47.2 54.2 83.5 99.3
Commercial vehicle distribution and other        
Revenue:        
Total revenues 283.9 201.2 485.8 412.7
Cost of sales:        
Total cost of sales $ 226.2 $ 157.0 $ 381.9 $ 324.3