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Penske Automotive Group PAG Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Revenue by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$27.87B-0.5%$27.82B+0.9%$28.14B+4.2%$27.91B+3.4%$28.01B+4.6%
Retail commercial truck dealership$3.28B-7.6%$3.41B-3.1%$3.46B-5.3%$3.6B+1.4%$3.55B-0.8%
Segment income by Business
Non-Automotive Investments20,010,000,000%+180,000,000pp19,230,000,000%-530,000,000pp19,700,000,000%-2,075,000,000pp19,880,000,000%-3,120,000,000pp19,830,000,000%-5,135,000,000pp
Retail automotive dealership$834.6M-8.3%$861.3M+2.2%$924.9M+18.0%$921.8M+14.2%$909.9M+6.1%
Retail commercial truck dealership$166M-16.2%$174.7M-14.2%$185.7M-11.6%$200.7M-6.5%$198.2M-9.2%
Total cost of sales by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$23.35B-0.5%$23.29B+0.8%$23.55B+4.1%$23.34B+3.2%$23.47B+4.8%
Retail commercial truck dealership$2.75B-7.4%$2.87B-2.3%$2.9B-5.3%$3.02B+2.0%$2.97B-0.6%
Other expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$861.4M+0.9%$865.8M+4.9%$865.3M+8.7%$853.1M+6.9%$854.1M+7.8%
Retail commercial truck dealership$49.2M-10.9%$49.7M-7.3%$50.1M-8.3%$49.9M-8.7%$55.2M-1.9%
Personnel expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$1.96B+2.5%$1.95B+3.8%$1.95B+9.4%$1.93B+7.9%$1.91B+6.1%
Retail commercial truck dealership$252M-4.5%$254.7M-3.6%$259.6M-1.3%$264.5M+2.6%$263.9M+2.9%
Other interest expense by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$85.3M+8.1%$76.8M-6.5%$74.6M-11.6%$77.6M-8.9%$78.9M-11.3%
Retail commercial truck dealership$0$0$0-100%$0-100%$0-100%
Equity in earnings of affiliates by Business
Non-Automotive Investments$200M+0.9%$192.2M-2.7%$197M-9.5%$198.8M-13.6%$198.3M-20.6%
Retail automotive dealership$400K-83.3%$700K-77.4%$1M-72.8%$1.5M-63.9%$2.4M-38.9%
Retail commercial truck dealership$0$0$0$0$0
Advertising expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$128.7M-1.7%$128.6M-3.5%$128.6M-2.0%$128.7M-2.9%$130.9M-1.7%
Retail commercial truck dealership$3.2M-3.0%$3.4M+9.7%$3.4M+8.8%$3.4M+11.5%$3.3M+3.9%
Rent & related expenses by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$417.1M+4.6%$410.8M+4.5%$405M+8.0%$402.5M+8.9%$398.7M+8.8%
Retail commercial truck dealership$27M+4.7%$26.8M+4.3%$26.4M+2.5%$26.4M+3.1%$25.8M-0.2%
Depreciation by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$154.4M+7.9%$150.9M+7.2%$148M+10.8%$146.1M+12.3%$143.1M+11.4%
Retail commercial truck dealership$16.6M+7.8%$16.1M+6.6%$16M+13.5%$15.8M+20.6%$15.4M+25.2%
CapEx by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$247M-21.2%$260.2M-21.5%$269M-16.6%$274.1M-17.9%$313.4M-2.7%
Retail commercial truck dealership$57.7M+35.1%$67.3M+64.1%$57M+18.0%$53.7M+2.0%$42.7M-30.2%
Floor plan interest expense by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$144.9M-10.3%$146.4M-10.9%$152.5M+1.9%$158.2M+15.1%$161.5M+26.7%
Retail commercial truck dealership$15.5M-18.0%$16.9M-12.0%$17.8M-4.4%$19.1M+19.7%$18.9M+27.1%
Goodwill by Business
Non-Automotive Investments$0$0$0$0$0
Retail automotive dealership$7.81B+8.1%$7.38B+3.1%$7.33B+4.4%$7.3B+6.2%$7.22B+7.1%
Retail commercial truck dealership$2B-0.1%$2B+0.1%$2B0.0%$2B+1.0%$2.01B+1.7%
Revenue by Product
Finance and insurance, net$834.7M-2.8%$838.8M-2.4%$851.3M-1.9%$850M-4.0%$858.4M-3.7%
New vehicle$15.17B-3.8%$15.33B+0.1%$15.78B+4.7%$15.71B+5.3%$15.77B+6.9%
Service and parts$4.65B+5.2%$4.59B+5.6%$4.53B+6.5%$4.49B+7.9%$4.42B+7.7%
Used vehicle$9.4B+2.2%$9.23B-0.4%$9.24B+0.6%$9.12B-2.8%$9.19B-2.6%
Payment period by Product
Finance and insurance, net00000
Service and parts00000

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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.