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Penske Automotive Group PAG Floor plan notes payable

Floor plan notes payable at other companies

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$3M+126%
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-$50.6M-114%
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$24.8M+119%
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$355.6M+3.5%
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$33M+111%
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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$11.52B+2.3%
Enterprise value$16.62B+8.8%
P/E12.6×+1.4×
P/S0.4×0.0×

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 pag:IncreaseDecreaseInFloorPlanNotesPayable.

The official record: Penske Automotive Group’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Penske Automotive Group's floor plan notes payable?
Penske Automotive Group (PAG) reported floor plan notes payable of -$4.2M in Q1 2026.
How has Penske Automotive Group's floor plan notes payable changed year-over-year?
Penske Automotive Group's floor plan notes payable increased by 94.2% year-over-year, from -$71.9M to -$4.2M.
What does floor plan notes payable mean?
The net change in debt used to finance vehicle inventory.
How do you interpret floor plan notes payable?
A decrease indicates inventory reduction or debt repayment, while an increase suggests higher inventory levels financed through credit lines.
How does floor plan notes payable compare across companies?
Standard across automotive dealership groups; peers typically show high correlation with inventory turnover.