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Penske Automotive Group PAG Operating Lease Liabilities

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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 us-gaap:OperatingLeaseLiabilityNoncurrent.

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 operating lease liabilities?
Penske Automotive Group (PAG) reported operating lease liabilities of $2.43B in Q1 2026.
How has Penske Automotive Group's operating lease liabilities changed year-over-year?
Penske Automotive Group's operating lease liabilities increased by 2.8% year-over-year, from $2.36B to $2.43B.
What is the long-term trend for Penske Automotive Group's operating lease liabilities?
Over 5 years (2020 to 2025), Penske Automotive Group's operating lease liabilities has grown at a 0.9% compound annual growth rate (CAGR), from $2.35B to $2.46B.
What does operating lease liabilities mean?
The long-term portion of future lease payments for facilities and equipment.
How do you interpret operating lease liabilities?
An increase reflects expansion of the physical footprint or new lease agreements, impacting long-term fixed cost commitments.
How does operating lease liabilities compare across companies?
Standardized under accounting standards (ASC 842/IFRS 16) for all companies with significant leased real estate.