Penske Automotive Group Inc

NYSE PAG

Download Data

Penske Automotive Group Inc Market Capitalization on June 03, 2024: USD 10.26 B

Penske Automotive Group Inc Market Capitalization is USD 10.26 B on June 03, 2024, a 5.06% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Penske Automotive Group Inc 52-week high Market Capitalization is USD 12.08 B on July 19, 2023, which is 17.66% above the current Market Capitalization.
  • Penske Automotive Group Inc 52-week low Market Capitalization is USD 9.57 B on October 25, 2023, which is -6.77% below the current Market Capitalization.
  • Penske Automotive Group Inc average Market Capitalization for the last 52 weeks is USD 10.54 B.
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.

Similar companies

ABG

Asbury Automotive Group Inc

NA

NA

StockViz Staff

September 20, 2024

Any question? Send us an email