Penske Automotive Group, Inc. (PAG)

Penske Automotive Group Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	29,527	27,815	25,555	20,444	23,179
Revenue Growth (YoY)	6.16%	8.84%	25.00%	-11.80%	1.73%
Cost of Revenue	24,594	22,976	21,114	17,259	19,724
Gross Profit	4,934	4,839	4,441	3,185	3,456
Selling, General & Admin	3,401	3,224	2,963	2,365	2,693
Other Operating Expenses	181.7	127.3	121.5	115.5	109.6
Operating Expenses	3,582	3,351	3,084	2,480	2,803
Operating Income	1,352	1,488	1,356	704.5	652.7
Interest Expense / Income	225.7	122.8	94.8	157.3	208.7
Other Expense / Income	-288.3	-488	-342.5	-159.1	-148.5
Pretax Income	1,414	1,853	1,604	706.3	592.5
Income Tax	360.9	473	416.3	162.7	156.7
Net Income	1,053	1,380	1,188	543.6	435.8
Net Income Growth	-23.68%	16.18%	118.51%	24.74%	-7.47%
Shares Outstanding (Basic)	68	74	80	81	82
Shares Outstanding (Diluted)	68	74	80	81	82
Shares Change	-8.64%	-6.71%	-1.05%	-2.30%	-3.14%
EPS (Basic)	15.50	18.55	14.89	6.74	5.28
EPS (Diluted)	15.50	18.55	14.89	6.74	5.28
EPS Growth	-16.44%	24.58%	120.92%	27.65%	-4.52%
Free Cash Flow	749	1,209	1,099	1,036	281.9
Free Cash Flow Per Share	11.02	16.25	13.79	12.85	3.42
Dividend Per Share	2.780	2.070	1.780	0.840	1.580
Dividend Growth	34.30%	16.29%	111.90%	-46.84%	11.27%
Gross Margin	16.71%	17.40%	17.38%	15.58%	14.91%
Operating Margin	4.58%	5.35%	5.31%	3.45%	2.82%
Profit Margin	3.57%	4.96%	4.65%	2.66%	1.88%
Free Cash Flow Margin	2.54%	4.35%	4.30%	5.07%	1.22%
Effective Tax Rate	25.52%	25.53%	25.95%	23.04%	26.45%
EBITDA	1,781	2,103	1,820	979.1	910.8
EBITDA Margin	6.03%	7.56%	7.12%	4.79%	3.93%
Depreciation & Amortization	141	127.3	121.5	115.5	109.6
EBIT	1,640	1,976	1,699	863.6	801.2
EBIT Margin	5.55%	7.10%	6.65%	4.22%	3.46%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).