Penske Automotive Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	80.3	72.4	96.4	106.5	100.7	49.5
Cash & Short-Term Investments	80.3	72.4	96.4	106.5	100.7	49.5
Cash Growth	-12.62%	-24.90%	-9.48%	5.76%	103.43%	76.16%
Receivables	993.3	1,002	1,115	906.7	734	806.9
Inventory	4,705	4,640	4,293	3,509	3,129	3,426
Other Current Assets	233.6	213.1	175.6	141.9	111.7	126.8
Total Current Assets	6,012	5,928	5,680	4,664	4,075	4,409
Property, Plant & Equipment	5,639	5,473	5,171	4,913	4,894	4,821
Long-Term Investments	1,890	1,827	1,775	1,637	1,688	1,500
Goodwill	2,426	2,371	2,235	2,155	2,124	1,928
Other Intangible Assets	1,042	1,012	748.2	690.9	641.5	563.4
Other Long-Term Assets	109.5	109.8	63.1	55.3	41.9	25.4
Total Assets	17,119	16,721	15,672	14,115	13,465	13,247
Accounts Payable	960.5	851.7	866.9	853.5	767.1	675.4
Accrued Expenses	566.7	528.8	529.6	496.4	573.3	504.3
Short-Term Debt	3,969	4,024	3,772	2,996	2,555	3,144
Current Portion of Long-Term Debt	305.4	721.2	209.7	75.2	82	87.5
Current Portion of Leases	101.8	93.4	-	-	-	-
Current Unearned Revenue	299.2	266.8	280.2	291.7	297	262.9
Other Current Liabilities	-	-	-	-	0.5	0.5
Total Current Liabilities	6,202	6,486	5,658	4,713	4,275	4,675
Long-Term Debt	1,266	1,131	1,420	1,547	1,392	1,602
Long-Term Leases	2,390	2,393	2,336	2,336	2,374	2,350
Long-Term Deferred Tax Liabilities	1,278	1,231	1,232	1,121	1,060	873.1
Other Long-Term Liabilities	258.4	253.3	270.8	223.1	269	420.7
Total Liabilities	11,394	11,494	10,916	9,940	9,370	9,921
Additional Paid-In Capital	-	9.1	-	-	42.2	311.8
Retained Earnings	5,911	5,565	4,990	4,483	4,197	3,151
Comprehensive Income & Other	-203.6	-364.5	-264.1	-335.3	-168.8	-160.6
Total Common Equity	5,707	5,210	4,726	4,148	4,070	3,303
Minority Interest	18	17.5	29.4	26.8	25	23.6
Shareholders' Equity	5,725	5,227	4,756	4,175	4,095	3,326
Total Liabilities & Equity	17,119	16,721	15,672	14,115	13,465	13,247
Total Debt	8,031	8,362	7,737	6,954	6,402	7,184
Net Cash (Debt)	-7,951	-8,290	-7,640	-6,848	-6,302	-7,135
Net Cash Per Share	-119.66	-123.94	-112.42	-92.04	-79.02	-88.53
Filing Date Shares Outstanding	65.86	66.75	66.99	69.07	77.33	80.39
Total Common Shares Outstanding	66	66.77	67.11	69.68	77.57	80.39
Working Capital	-189.9	-558.1	21.8	-48.9	-199.2	-266.1
Book Value Per Share	86.48	78.02	70.42	59.53	52.47	41.08
Tangible Book Value	2,240	1,827	1,743	1,302	1,304	810.7
Tangible Book Value Per Share	33.94	27.36	25.97	18.69	16.81	10.08
Buildings	-	3,041	2,763	2,438	2,232	2,028
Machinery	-	1,105	1,024	960.9	1,042	1,134

Source: S&P Global Market Intelligence. Standard template. Financial Sources.