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PAGPenske Automotive Group, Inc.
$209.66$13.8B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
PAG logo

Penske Automotive Group, Inc.

PAG
NYSE · Auto Dealerships
$209.66
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$13.78B
P/E14.8x
52W High$227.00
Volume282K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Margin Compression Persists Despite Revenue Inflection

Penske Automotive Group is navigating a stabilizing revenue environment, with Q2 2026 revenue up 11.1% YoY, but gross margin compression to 15.9% and elevated leverage (D/E 1.59) temper the outlook. The company's diversified model and consistent capital return...

GrowthStable
ProfitabilityStable
ValuationExpensive
TechnicalsMixed
Explore valuation models
MARKET ACTION

PAG price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

In Line

P/E is in line with peer median

03

Market leadership

RS 83 · Leader

High momentum (Outperforming 83% of market)

04

Mixed Trend

Mixed

Price < 50DMA but > 200DMA

Next CatalystEstimated earnings · Oct 29
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth rebounded to 11.1% YoY in Q2 2026, but gross margin fell to 15.9% from 16.9% a year earlier, reflecting ongoing pricing normalization.

Analyst Consensus-0.4% target
Hold(27 analysts)
11 Buy14 Hold2 Sell

The Bull Case

Upside Catalysts

Resilient cash flow generation

PAG continues to generate strong and resilient cash flows, supporting its financial stability and growth potential.

Structural moats from dealerships

The company benefits from structural moats due to local dealership monopolies, providing a competitive advantage.

Recurring service revenue

PAG's recurring service revenue stream adds stability and predictability to its earnings.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
PAG+35.26%
S&P 500 (^GSPC)+12.39%
1-Year Return
PAG+23.24%
S&P 500 (^GSPC)+15.77%
3-Year Return
PAG+38.17%
S&P 500 (^GSPC)+74.87%
5-Year Return
PAG+119.06%
S&P 500 (^GSPC)+66.49%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
14.8x
Forward P/E
15.4x
EV/EBITDA100th %ile
15.5x
FCF YieldCash Flow
5.4%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
14.8x
10.4x
100th· High
EV/EBITDA
15.5x
11.6x
100th· High
Price/FCF
18.6x
12.6x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$0.00N/A
Base (Fair)$75.35-64.6%
Bull$115.89-44.7%
$0.00 Bear$75.35 Base$115.89 Bull
Current Market Price: $209.66
Trades at a 178.2% premium to Base DCF ($75.35)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$31.81B-0.2% YoY
Net income
$935M-3.5% YoY
Free cash flow
$740M-8.7% YoY
Operating margin
4%-0.3 pts YoY
ROIC (TTM)6.9%
Avg ROIC 5Y-
ROE (TTM)17.3%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (45%)
Revenue Beat Rate8/12 (73%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 29, 2026
$3.62+5.8%
vs $3.42
$8.5B+6.6%
vs $8.0B
Q2 2026
Apr 29, 2026
$3.05+4.8%
vs $2.91
$7.9B+2.0%
vs $7.7B
Q1 2026
Feb 11, 2026
$2.91-8.8%
vs $3.19
$7.8B+1.9%
vs $7.6B
Q4 2025
Oct 29, 2025
$3.23-7.2%
vs $3.48
$7.7B+1.0%
vs $7.6B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Zacks Investment Research·Sep 14, 2026
2 Auto Retailers to Watch Amid Tight Inventory and Costly Loans

Auto demand remains resilient, but rising prices, tighter inventory and borrowing costs could test sales. Still, LAD and PAG are worth holding onto, thanks to their strategic efforts.

Zacks Investment Research·Aug 28, 2026
Penske (PAG) Down 1.3% Since Last Earnings Report: Can It Rebound?

Penske (PAG) reported earnings 30 days ago. What's next for the stock?

Defense World·Aug 26, 2026
BlackRock Inc. Takes Position in Penske Automotive Group, Inc. $PAG

BlackRock Inc. purchased a new position in Penske Automotive Group, Inc. (NYSE: PAG) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 2,333,144 shares of the company's stock, valued at approximately $417,516,000. BlackRock Inc. owned 3.55% of Penske Automotive Group at

GuruFocus·Aug 21, 2026
Penske Automotive Sets Scene for Freedom 250 Grand Prix: NYSE Content Update

Penske Automotive Sets Scene for Freedom 250 Grand Prix: NYSE Content Update PR Newswire NEW YORK, Aug. 21, 2026

Filtered for Penske Automotive Group, Inc.More Headlines
04

Compare before deciding

Benchmark PAG against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Penske Automotive Group, Inc. (PAG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PAG logoPAGPenske Automotive Group, Inc.Current
$209.66$13.78B14.84-0.18%2.94%17.31%2.48%
AN logoANAutoNation, Inc.
$165.05$5.52B9.693.24%2.82%33.18%—
LAD logoLADLithia Motors, Inc.
$307.02$6.75B9.504%1.88%10.88%—
SAH logoSAHSonic Automotive, Inc.
$62.37$2.08B18.246.53%1.37%20.45%—
ABG logoABGAsbury Automotive Group, Inc.
$181.52$3.38B7.224.71%2.83%13.04%—
GPI logoGPIGroup 1 Automotive, Inc.
$247.51$2.95B9.8513.23%1.31%9.96%—

Compare PAG vs Peers

Penske Automotive Group, Inc. (PAG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AN

Most directly comparable listed peer for PAG.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare PAG against a more recognizable public peer.

Peer Set

Compare Top 5

vs AN, LAD, SAH, ABG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

PAG SEC Filings & Documents

Penske Automotive Group, Inc. (PAG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 10, 2026·SEC

Material company update

Jul 29, 2026·SEC

Material company update

Jul 23, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 21, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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PAG Frequently Asked Questions

Penske Automotive Group, Inc. (PAG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Penske Automotive Group, Inc.'s revenue?

Penske Automotive Group, Inc. (PAG) reported $32.92B in revenue for fiscal year 2025. This represents a 2425% increase from $1.30B in 1996.

How fast is Penske Automotive Group, Inc. growing?

Penske Automotive Group, Inc. (PAG) saw revenue decline by 0.2% over the past year.

Is PAG profitable?

Yes, Penske Automotive Group, Inc. (PAG) is profitable, generating $936.0M in net income for fiscal year 2025 (2.9% net margin).

Dividend & Returns
Does PAG pay dividends?

Yes, Penske Automotive Group, Inc. (PAG) pays a dividend with a yield of 2.48%. This makes it attractive for income-focused investors.

What is PAG's return on equity?

Penske Automotive Group, Inc. (PAG) has a return on equity (ROE) of 17.3%. This is reasonable for most industries.

What is Penske Automotive Group, Inc.'s free cash flow?

Penske Automotive Group, Inc. (PAG) generated $536.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in PAG back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →