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Penske Automotive Group PAG Impairment Charges

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Other financials

Income statement

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Revenue$7.9B-1.1%
Gross profit$1.3B-1.7%
Operating income$289.0M-12.3%
Net income$234.5M-9.0%
EPS (diluted)$3.56-7.8%

Balance sheet

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Cash & equivalents$83.7M-32.1%
Total debt$5.2B+22.5%
Total equity$5.7B+5.0%
Total assets$18.3B+8.2%

Cash flow

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Operating cash flow$215.0M-26.1%
CapEx$62.6M-26.1%
Free cash flow$152.4M-26.1%

Valuation

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Market cap$14.21B+20.8%
Enterprise value$19.31B+21.5%
P/E15.6×+4.0×
P/S0.5×+0.1×

Profitability

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Gross margin18.3%+0.1pp
Operating margin4%-0.3pp
Net margin2.9%-0.2pp
FCF margin1.9%-0.3pp

Returns & leverage

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Return on equity16.5%-3.1pp
Debt / equity0.9×+0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Penske Automotive Group in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Penske Automotive Group’s 10-K, filed February 27, 2026.

Filed
Feb 27, 2026, 4:17 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012830
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Total cost of sales26,591.526,647.725,769.1
Gross profit5,217.05,217.15,147.4
Selling, general, and administrative expenses3,764.03,685.73,553.7
Goodwill impairment charges40.7
Depreciation172.3161.3143.7
Operating income1,280.71,370.11,409.3
Floor plan interest expense(170.6)(193.1)(135.3)
Other interest expense(91.6)(87.8)(92.6)

Item 16. Form 10-K Summary

FAQ

What is Penske Automotive Group's impairment charges?
Penske Automotive Group (PAG) reported impairment charges of $0 in Q4 2025.
What does impairment charges mean?
Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

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