Penske Automotive Group, Inc. (PAG)

Penske Automotive Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	155.3	72.4	96.4	106.5	100.7	49.5
Cash & Short-Term Investments	155.3	72.4	96.4	106.5	100.7	49.5
Cash Growth	34.93%	-24.90%	-9.48%	5.76%	103.43%	76.16%
Receivables	1,043	1,002	1,115	906.7	734	806.9
Inventory	4,850	4,640	4,293	3,509	3,129	3,426
Other Current Assets	242.7	213.1	175.6	141.9	111.7	126.8
Total Current Assets	6,291	5,928	5,680	4,664	4,075	4,409
Property, Plant & Equipment	5,660	5,473	5,171	4,913	4,894	4,821
Long-Term Investments	1,859	1,827	1,775	1,637	1,688	1,500
Goodwill	2,432	2,371	2,235	2,155	2,124	1,928
Other Intangible Assets	1,029	1,012	748.2	690.9	641.5	563.4
Other Long-Term Assets	122.9	109.8	63.1	55.3	41.9	25.4
Total Assets	17,393	16,721	15,672	14,115	13,465	13,247
Accounts Payable	882.5	851.7	866.9	853.5	767.1	675.4
Accrued Expenses	607.9	528.8	529.6	496.4	573.3	504.3
Short-Term Debt	4,229	4,024	3,772	2,996	2,555	3,144
Current Portion of Long-Term Debt	876	721.2	209.7	75.2	82	87.5
Current Portion of Leases	102.4	93.4	-	-	-	-
Current Unearned Revenue	294.6	266.8	280.2	291.7	297	262.9
Other Current Liabilities	-	-	-	-	0.5	0.5
Total Current Liabilities	6,993	6,486	5,658	4,713	4,275	4,675
Long-Term Debt	906.7	1,131	1,420	1,547	1,392	1,602
Long-Term Leases	2,402	2,393	2,336	2,336	2,374	2,350
Long-Term Deferred Tax Liabilities	1,203	1,231	1,232	1,121	1,060	873.1
Other Long-Term Liabilities	258.1	253.3	270.8	223.1	269	420.7
Total Liabilities	11,762	11,494	10,916	9,940	9,370	9,921
Additional Paid-In Capital	-	9.1	-	-	42.2	311.8
Retained Earnings	5,786	5,565	4,990	4,483	4,197	3,151
Comprehensive Income & Other	-172.4	-364.5	-264.1	-335.3	-168.8	-160.6
Total Common Equity	5,614	5,210	4,726	4,148	4,070	3,303
Minority Interest	17.7	17.5	29.4	26.8	25	23.6
Shareholders' Equity	5,631	5,227	4,756	4,175	4,095	3,326
Total Liabilities & Equity	17,393	16,721	15,672	14,115	13,465	13,247
Total Debt	8,516	8,362	7,737	6,954	6,402	7,184
Net Cash (Debt)	-8,361	-8,290	-7,640	-6,848	-6,302	-7,135
Net Cash Per Share	-125.48	-123.94	-112.42	-92.04	-79.02	-88.53
Filing Date Shares Outstanding	66.04	66.75	66.99	69.07	77.33	80.39
Total Common Shares Outstanding	66.04	66.77	67.11	69.68	77.57	80.39
Working Capital	-701.9	-558.1	21.8	-48.9	-199.2	-266.1
Book Value Per Share	85.00	78.02	70.42	59.53	52.47	41.08
Tangible Book Value	2,153	1,827	1,743	1,302	1,304	810.7
Tangible Book Value Per Share	32.60	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

Updated Jul 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q