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Penske Automotive Group PAG Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$6.97B-10.9%$7.82B+19.0%$6.57B+0.8%$6.52B-5.8%$6.92B-14.9%
Retail commercial truck dealership$694.6M-4.2%$725.4M-21.0%$918.6M-2.6%$943.6M+14.6%$823.7M+6.5%
Segment income by Business
Non-Automotive Investments4,080,000,000%-680,000,000pp4,760,000,000%-1,080,000,000pp5,840,000,000%+510,000,000pp5,330,000,000%+2,030,000,000pp3,300,000,000%-1,930,000,000pp
Retail automotive dealership$238.9M+24.0%$192.6M+6.5%$180.8M-18.7%$222.3M-16.3%$265.6M+3.7%
Retail commercial truck dealership$36.4M+7.4%$33.9M-18.3%$41.5M-23.4%$54.2M+20.2%$45.1M+0.4%
Total cost of sales by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$5.84B-11.4%$6.59B+19.8%$5.5B+1.8%$5.41B-6.5%$5.78B-15.6%
Retail commercial truck dealership$566.4M-6.2%$604M-22.8%$782.3M-2.2%$800M+17.2%$682.7M+7.4%
Other expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$228.2M+0.8%$226.4M+10.0%$205.8M+2.4%$201M-13.6%$232.6M+3.0%
Retail commercial truck dealership$14.4M+11.6%$12.9M-11.0%$14.5M+95.9%$7.4M-50.3%$14.9M+12.0%
Personnel expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$483.4M-12.3%$551.5M+20.9%$456.3M-2.2%$466.8M-1.2%$472.6M-14.2%
Retail commercial truck dealership$63.2M+5.9%$59.7M-6.3%$63.7M-2.6%$65.4M-0.8%$65.9M+2.0%
Other interest expense by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$26.5M+17.8%$22.5M+19.7%$18.8M+7.4%$17.5M-2.8%$18M-11.3%
Retail commercial truck dealership$0$0$0$0$0
Equity in earnings of affiliates by Business
Non-Automotive Investments$40.8M-14.1%$47.5M-18.7%$58.4M+9.6%$53.3M+61.5%$33M-36.9%
Retail automotive dealership$0-100%$100K$0-100%$300K0.0%$300K-25.0%
Retail commercial truck dealership$0$0$0$0$0
Advertising expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$29.8M-16.5%$35.7M+10.5%$32.3M+4.5%$30.9M+4.0%$29.7M-16.8%
Retail commercial truck dealership$700K-12.5%$800K-11.1%$900K+12.5%$800K-11.1%$900K+12.5%
Rent & related expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$105.3M-8.4%$114.9M+16.1%$99M+1.1%$97.9M-1.1%$99M-9.3%
Retail commercial truck dealership$6.8M0.0%$6.8M+3.0%$6.6M-2.9%$6.8M+3.0%$6.6M+3.1%
Depreciation by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$38.8M-7.4%$41.9M+12.6%$37.2M+1.9%$36.5M+3.4%$35.3M-9.5%
Retail commercial truck dealership$4.4M+10.0%$4M-2.4%$4.1M0.0%$4.1M+5.1%$3.9M0.0%
CapEx by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$52.8M-33.6%$79.5M+26.0%$63.1M+22.3%$51.6M-21.8%$66M-25.3%
Retail commercial truck dealership$8.2M-54.4%$18M+28.6%$14M-20.0%$17.5M-1.7%$17.8M+131%
Floor plan interest expense by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$34.5M-9.4%$38.1M+5.5%$36.1M-0.3%$36.2M+0.6%$36M-18.6%
Retail commercial truck dealership$2.3M-30.3%$3.3M-34.0%$5M+2.0%$4.9M+32.4%$3.7M-11.9%
Goodwill by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$2.24B+20.6%$1.86B+0.5%$1.85B-0.3%$1.86B+2.2%$1.82B+0.4%
Retail commercial truck dealership$500.3M-0.2%$501.4M+0.2%$500.2M-0.4%$502.2M+0.9%$497.5M0.0%
Revenue by Product
Finance and insurance, net$205.8M-8.5%$224.8M+12.6%$199.6M-2.4%$204.5M-2.6%$209.9M-11.5%
Fleet and wholesale$390.8M$352M-1.7%$358.1M-4.6%$375.5M
New truck$401.2M$620.8M-5.3%$655.6M+24.4%$527.2M
New vehicle$3.08B-50.2%$6.18B+109%$2.96B+0.7%$2.94B-9.4%$3.25B-51.0%
Service and parts$1.17B-6.3%$1.25B+11.4%$1.12B+0.7%$1.11B+0.1%$1.11B-6.2%
Used truck$52.2M$60.7M+15.2%$52.7M-17.4%$63.8M
Used vehicle$2.43B-3.8%$2.53B+12.6%$2.24B+1.9%$2.2B-2.8%$2.26B-10.5%
Payment period by Product
Finance and insurance, net00000
Service and parts00000
Number of stand-alone used vehicle dealerships operated in United States and United Kingdom by Geography
United States, United Kingdom, And Australia1515
Number of retail automotive franchises opened by Geography
GERMANY1
U.K.1

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Questions, answered.

How does Penske Automotive Group break its business down?
Penske Automotive Group (PAG) reports revenue by business across 3 parts — Non-Automotive Investments, Retail automotive dealership and Retail commercial truck dealership. Each is extracted from the segment footnotes and tracked over time.
Where does Penske Automotive Group's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Penske Automotive Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.