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Penske Automotive Group PAG Commercial Vehicle Distribution And Other — Goodwill

Discontinued — last reported Q1 '18

Similar metrics at other companies

Oshkosh logo
OSKCommercial — Goodwill
$18.6M-11.0%
Oshkosh logo
OSKCommercial — Goodwill Gross
$188.3M-0.1%
PFG
PFGCOther — Goodwill
$98M-1.9%
Garmin logo
GRMNAuto — Goodwill
$0
Hyatt Hotels logo
HDistribution — Goodwill
$783M+16.0%
Knight-Swift Transportation Holdings Inc. logo
KNXTrucking — Goodwill Acquired
$27.7M+24.8%

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:Goodwill.

The official record: Penske Automotive Group’s 10-Q, filed April 27, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does commercial vehicle distribution and other — goodwill mean?
The value of intangible assets like brand reputation and customer loyalty recorded for the commercial vehicle distribution business segment following past acquisitions.
How do you interpret commercial vehicle distribution and other — goodwill?
An increase typically reflects recent acquisitions within the commercial vehicle segment, while a decrease often indicates an impairment charge due to declining performance or market outlook for that specific business unit.
How does commercial vehicle distribution and other — goodwill compare across companies?
Peers in the automotive and industrial distribution sectors report goodwill by segment based on their specific acquisition history and accounting treatment of business combinations.