What does non-automotive investments — depreciation mean?

The systematic allocation of the cost of tangible assets used by the non-automotive segment over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of equipment, machinery, or property owned by the segment. It is a critical component in calculating the segment's true economic profitability.

Penske Automotive Group (PAG) Non-Automotive Investments — Depreciation

Screener

Other segment segments

Retail automotive dealership

$38.8M+9.9%

Retail commercial truck dealership

$4.4M+12.8%

Similar metrics at other companies

MEIAutomotive — Depreciation

$5.95M-4.4%

MSEXNon – Regulated — Depreciation

$73K+15.9%

EFC

EFCInvestment Portfolio Segment — Depreciation

$0—

CTRINon-Union Electric — Depreciation

$7.92M+8.2%

FLROther — Depreciation

$0-100%

FLRCorporate — Depreciation

$1M-55.6%

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 ratio1×+0.1×

Where this comes from

Reported directly by Penske Automotive Group in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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

Three Months Ended March 31,	Retail Automotive	Retail Commercial Truck	Other	Non-Automotive Investments	Total
2026	$228.2	$14.4	$8.8	—	$251.4
2025	232.6	14.9	6.5	—	254.0
Depreciation
2026	$38.8	$4.4	$1.6	—	$44.8
2025	35.3	3.9	1.4	—	40.6
Floor plan interest expense
2026	$34.5	$2.3	$1.3	—	$38.1
2025	36.0	3.7	2.3	—	42.0

Item 1. Financial Statements

FAQ

What is Penske Automotive Group's non-automotive investments — depreciation?: Penske Automotive Group (PAG) reported non-automotive investments — depreciation of $0 in Q1 2026.
What does non-automotive investments — depreciation mean?: The systematic allocation of the cost of tangible assets used by the non-automotive segment over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of equipment, machinery, or property owned by the segment. It is a critical component in calculating the segment's true economic profitability.