Penske Automotive Group PAG Retail automotive dealership — 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 retail automotive dealership — gross profit?
- Penske Automotive Group (PAG) reported retail automotive dealership — gross profit of $1.04B in Q4 2023.
- How has Penske Automotive Group's retail automotive dealership — gross profit changed year-over-year?
- Penske Automotive Group's retail automotive dealership — gross profit increased by 1.2% year-over-year, from $1.03B to $1.04B.
- What is the long-term trend for Penske Automotive Group's retail automotive dealership — gross profit?
- Over 2 years (2021 to 2023), Penske Automotive Group's retail automotive dealership — gross profit has grown at a 3.9% compound annual growth rate (CAGR), from $3.87B to $4.18B.
- What does retail automotive dealership — gross profit mean?
- The profit made from selling vehicles and services before deducting operating expenses.
- How do you interpret retail automotive dealership — gross profit?
- An increase signals improved margins or higher sales volume, while a decrease suggests pricing pressure or rising inventory costs.
- How does retail automotive dealership — gross profit compare across companies?
- A primary performance indicator for all automotive retailers; essential for cross-company margin analysis.