Penske Automotive Group PAG Other — Gross Profit
Discontinued — last reported Q4 '23
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Where this comes from
Reported directly by Penske Automotive Group in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The official record: Penske Automotive Group’s 10-K, filed February 16, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Penske Automotive Group's other — gross profit?
- Penske Automotive Group (PAG) reported other — gross profit of $41.3M in Q4 2023.
- How has Penske Automotive Group's other — gross profit changed year-over-year?
- Penske Automotive Group's other — gross profit increased by 5.0% year-over-year, from $39.33M to $41.3M.
- What is the long-term trend for Penske Automotive Group's other — gross profit?
- Over 2 years (2021 to 2023), Penske Automotive Group's other — gross profit has grown at a 3.7% compound annual growth rate (CAGR), from $153.7M to $165.2M.
- What does other — gross profit mean?
- The profit made on sales after subtracting the direct costs of goods or services sold.
- How do you interpret other — gross profit?
- Higher gross profit margins indicate strong pricing power or efficient cost management, while lower margins suggest rising input costs or competitive pricing pressure.
- How does other — gross profit compare across companies?
- Universal metric; peers in automotive and retail report this to show core operational efficiency.