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Penske Automotive Group PAG Fleet and wholesale — Revenue

Other product segments

New vehicle
$3.08B-5.2%
Used vehicle
$2.43B+7.3%
Service and parts
$1.17B+5.2%
New truck
$527.2M
Finance and insurance, net
$205.8M-2.0%
Used truck
$63.8M

Similar metrics at other companies

Douglas Dynamics logo
PLOWFleet — Revenue
$15.65M-1.2%
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SERVFleet services — Revenue
$2.31M+598%
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SPHWholesale — Revenue
$9.69M+46.8%
Sonic Automotive logo
SAHFleet New Vehicles — Revenue
$20.7M-6.3%
Sonic Automotive logo
SAHWholesale vehicles — Revenue
$71.8M-13.2%
The Greenbrier Companies logo
GBXLeasing And Fleet Management — Revenue
$47.5M-3.7%

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$14.17B+20.4%
Enterprise value$19.27B+21.2%
P/E15.5×+3.9×
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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: Penske Automotive Group’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:07 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028868
Retail Automotive Dealership RevenueThree Months Ended March 31, 2026Three Months Ended March 31, 2025
New vehicle$3,080.7$3,248.0
Used vehicle2,429.42,264.1
Finance and insurance, net202.3205.4
Service and parts863.9825.6
Fleet and wholesale390.8375.5
Total retail automotive dealership revenue$6,967.1$6,918.6

Item 1. Financial Statements

FAQ

What is Penske Automotive Group's fleet and wholesale — revenue?
Penske Automotive Group (PAG) reported fleet and wholesale — revenue of $390.8M in Q1 2026.
How has Penske Automotive Group's fleet and wholesale — revenue changed year-over-year?
Penske Automotive Group's fleet and wholesale — revenue increased by 4.1% year-over-year, from $375.5M to $390.8M.
What does fleet and wholesale — revenue mean?
This metric represents the total revenue generated from the sale of vehicles to fleet customers and through wholesale channels. It captures the volume of business conducted outside of traditional retail consumer transactions, reflecting the company's ability to move inventory through B2B channels. This segment is often used to manage inventory aging and optimize the mix of vehicles available for retail sale.

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