Penske Automotive Group, Inc.

NYSE:PAG

Market Cap

USD 11.48 B

Share Price

USD 173.47

Avg Daily Volume

259,468

Change (1 day)

1.81%

Change (1 year)

15.43%

Change (YTD)

13.80%

Penske Automotive Group, Inc. Accounts Payable for the year ending December 31, 2024: USD 851.70 M

Penske Automotive Group, Inc. Accounts Payable is USD 851.70 M for the year ending December 31, 2024, a -1.75% change year over year. Accounts payable are amounts owed by the company to suppliers or vendors for goods or services received but not yet paid.
  • Penske Automotive Group, Inc. Accounts Payable for the year ending December 31, 2023 was USD 866.90 M, a 1.57% change year over year.
  • Penske Automotive Group, Inc. Accounts Payable for the year ending December 31, 2022 was USD 853.50 M, a 11.26% change year over year.
  • Penske Automotive Group, Inc. Accounts Payable for the year ending December 31, 2021 was USD 767.10 M, a 13.58% change year over year.
  • Penske Automotive Group, Inc. Accounts Payable for the year ending December 31, 2020 was USD 675.40 M, a 5.73% change year over year.
Key data
Date Accounts Payable Short-Term Debt Long-Term Debt Total Liabilities
Market news
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NYSE: PAG

Penske Automotive Group, Inc.

CEO Mr. Roger S. Penske Sr.
IPO Date Oct. 23, 1996
Location United States
Headquarters 2555 Telegraph Road
Employees 28,700
Sector 🛍 Consumer Discretionary
Industries
Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

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