What does non-automotive investments — goodwill mean?

Represents the intangible asset value recorded when the purchase price of non-automotive equity investments exceeds the fair value of identifiable net assets. This reflects the premium paid for strategic non-automotive business interests, such as brand reputation or market synergies. It is subject to periodic impairment testing to ensure the carrying value remains supported by the underlying investment performance.

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

Screener

Other segment segments

Retail automotive dealership

$2.24B+23.5%

Retail commercial truck dealership

$500.3M+0.6%

Similar metrics at other companies

IEPAutomotive — Goodwill

$250M0.0%

THRMAutomotive — Goodwill

$79.02M-2.7%

STAutomotive — Goodwill

$1.74B0.0%

GPCInternational Automotive — Goodwill

$1.6B+13.7%

GNTXAutomotive Products — Goodwill

$309.71M—

SMP

SMPNissens Automotive — Goodwill

$121.05M+12.8%

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$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:Goodwill.

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

As of March 31, 2026, the goodwill balance for reporting units within our Retail Automotive, Retail Commercial Truck, and Other reportable segments was $2,242.1 million, $500.3 million, and $77.7 million, respectively. There is no goodwill recorded in our Non-Automotive Investments reportable segment.

Item 1. Financial Statements

FAQ

What is Penske Automotive Group's non-automotive investments — goodwill?: Penske Automotive Group (PAG) reported non-automotive investments — goodwill of $0 in Q1 2026.
What does non-automotive investments — goodwill mean?: Represents the intangible asset value recorded when the purchase price of non-automotive equity investments exceeds the fair value of identifiable net assets. This reflects the premium paid for strategic non-automotive business interests, such as brand reputation or market synergies. It is subject to periodic impairment testing to ensure the carrying value remains supported by the underlying investment performance.