Penske Automotive Group, Inc. (PAG)

Penske Automotive Group Cash Flow Statement

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

Year	2023	2022	2021	2020	2019
Net Income	1,053	1,380	1,188	543.6	435.8
Depreciation & Amortization	141	127.3	121.5	115.5	109.6
Other Operating Activities	-100.6	-48.3	-16	542.7	-26.8
Operating Cash Flow	1,094	1,459	1,293	1,202	518.6
Operating Cash Flow Growth	-25.04%	12.81%	7.61%	131.74%	-15.63%
Capital Expenditures	-344.6	-250.2	-194	-166.1	-236.7
Acquisitions	-214.9	-380.3	-427.5	40.6	-304.1
Change in Investments	0	0	0	0	18.9
Other Investing Activities	-12.8	-11.2	-1.6	-11	-10.8
Investing Cash Flow	-572.3	-641.7	-623.1	-136.5	-532.7
Dividends Paid	-189.1	-154.1	-142.5	-68.1	-130.8
Share Issuance / Repurchase	-358.7	-869.3	-280.6	-29.4	-169.2
Debt Issued / Paid	40.1	242.7	-179.6	-919.7	307.5
Other Financing Activities	-23.4	-17.3	-12.8	-36.7	-4.9
Financing Cash Flow	-531.1	-798	-615.5	-1,053.9	2.6
Exchange Rate Effect	-0.3	-13.5	-3.5	10	0.2
Net Cash Flow	-10.1	5.8	51.2	21.4	-11.3
Free Cash Flow	749	1,209	1,099	1,036	281.9
Free Cash Flow Growth	-38.04%	9.96%	6.14%	267.40%	-10.28%
Free Cash Flow Margin	2.54%	4.35%	4.30%	5.07%	1.22%
Free Cash Flow Per Share	11.02	16.25	13.79	12.85	3.42

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).