What does operating segments — depreciation mean?

The non-cash expense representing the wear and tear of a segment's physical assets.

How do you interpret operating segments — depreciation?

High depreciation relative to assets may indicate an aging asset base, while stable levels suggest consistent capital reinvestment.

How does operating segments — depreciation compare across companies?

Standard accounting metric used to assess capital expenditure cycles across peers.

Penske Automotive Group PAG Operating Segments — Depreciation

Discontinued — last reported Q4 '17

Similar metrics at other companies

ROperating Segments — Depreciation

$313.57M+5.8%

AGCOOperating Segments — Depreciation

$52.6M+1.0%

FICOOperating Segments — Depreciation

$5.13M-4.3%

SEICOperating Segments — Depreciation

$6.83M+2.7%

GPCOperating Segments — Depreciation And Amortization

$24.03M+6.7%

UHAL.BOperating Segments — Depreciation

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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 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 official record: Penske Automotive Group’s 10-K, filed February 22, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — depreciation mean?: The non-cash expense representing the wear and tear of a segment's physical assets.
How do you interpret operating segments — depreciation?: High depreciation relative to assets may indicate an aging asset base, while stable levels suggest consistent capital reinvestment.
How does operating segments — depreciation compare across companies?: Standard accounting metric used to assess capital expenditure cycles across peers.