Penske Automotive Group Inc

NYSE PAG

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Penske Automotive Group Inc Operating Income for the quarter ending March 31, 2024: USD 282.80 M

Penske Automotive Group Inc Operating Income is USD 282.80 M for the quarter ending March 31, 2024, a -24.28% change year over year. Operating Income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Penske Automotive Group Inc Operating Income for the quarter ending March 31, 2023 was USD 373.50 M, a -7.09% change year over year.
  • Penske Automotive Group Inc Operating Income for the quarter ending March 31, 2022 was USD 402.00 M, a 83.06% change year over year.
  • Penske Automotive Group Inc Operating Income for the quarter ending March 31, 2021 was USD 219.60 M, a 106.39% change year over year.
  • Penske Automotive Group Inc Operating Income for the quarter ending March 31, 2020 was USD 106.40 M, a -32.96% change year over year.
NYSE: PAG

Penske Automotive Group Inc

CEO Mr. Roger S. Penske Sr.
IPO Date Oct. 23, 1996
Location United States
Headquarters 2555 Telegraph Road, Bloomfield Hills, MI, United States, 48302-0954
Employees 28,500
Sector Consumer Cyclical
Industry Auto & truck dealerships
Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships worldwide. 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 is also involved in the sale of new and used motor vehicles, maintenance and repair services, sale and placement of third-party finance and insurance products, third-party extended service and maintenance contracts, replacement and aftermarket automotive products, collision repair services, and wholesale of parts. In addition, it operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as offers a range of used trucks. Further, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks and buses, and Dennis Eagle refuse collection vehicles with associated parts. Additionally, the company distributes diesel and gas engines, and power systems. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

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September 19, 2024

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