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Penske Automotive Group PAG Reportable Legal Entities — Selling General And Administrative Expense

Discontinued — last reported Q3 '18

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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 ratio+0.1×

Where this comes from

Reported directly by Penske Automotive Group in its filing.

Tagged under the XBRL concept us-gaap:SellingGeneralAndAdministrativeExpense.

The official record: Penske Automotive Group’s 10-Q, filed October 26, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reportable legal entities — selling general and administrative expense mean?
This metric represents the total operating expenses incurred by the consolidated legal entities, excluding the direct cost of goods sold. It captures overhead costs such as personnel, marketing, facilities, and administrative functions necessary to support dealership operations. Monitoring this helps evaluate the company's ability to manage fixed and variable operating costs relative to revenue growth.