Penske Automotive Group, Inc. (PAG) quarterly balance sheet — complete assets, liabilities & equity history
Penske Automotive Group, Inc. (PAG) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 6.4B | 6.51B | 6.32B | 6.19B | 6.01B | 6.29B | 6.05B | 5.93B | 6.18B | 6.08B | 5.81B | 5.68B | 4.98B | 5.09B | 4.82B | 4.66B | 4.21B | 4.13B | 4.27B | 4.08B |
| Cash & Short-Term Investments | 68.3M | 69.5M | 83.7M | 64.7M | 80.3M | 155.3M | 118.4M | 72.4M | 91.9M | 115.1M | 116.9M | 96.4M | 104.4M | 119.6M | 100.6M | 106.5M | 92.3M | 154.9M | 170.3M | 100.7M |
| Cash Only | 68.3M | 69.5M | 83.7M | 64.7M | 80.3M | 155.3M | 118.4M | 72.4M | 91.9M | 115.1M | 116.9M | 96.4M | 104.4M | 119.6M | 100.6M | 106.5M | 92.3M | 154.9M | 170.3M | 100.7M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.05B | 1.06B | 1.08B | 1.07B | 993.3M | 1.04B | 1.2B | 1B | 1.02B | 1.04B | 1.06B | 1.11B | 958.8M | 890.6M | 920.2M | 906.7M | 831.3M | 774.3M | 835.2M | 734M |
| Days Sales Outstanding | 11.52 | 11.47 | 12.33 | 10.73 | 12.17 | 12.72 | 12.47 | 12.06 | 12.5 | 12.43 | 13.3 | 13.12 | 11.42 | 11.03 | 11.2 | 11.4 | 10.67 | 10.6 | 10.12 | 10.75 |
| Inventory | 5.02B | 5.11B | 4.89B | 4.81B | 4.71B | 4.85B | 4.5B | 4.64B | 4.82B | 4.71B | 4.42B | 4.29B | 3.7B | 3.88B | 3.63B | 3.51B | 3.15B | 3.06B | 3.12B | 3.13B |
| Days Inventory Outstanding | 65.71 | 63.59 | 66.54 | 58.83 | 68.18 | 63.68 | 62.02 | 67.39 | 69.05 | 64.58 | 63.95 | 60.44 | 56 | 55.17 | 52.78 | 52.53 | 49.76 | 49.55 | 48.96 | 51.49 |
| Other Current Assets | 268.8M | 269.9M | 259.4M | 242.9M | 233.6M | 242.7M | 233.3M | 213.1M | 242.8M | 217.7M | 206.8M | 175.6M | 215.2M | 194.9M | 171.7M | 141.9M | 139.8M | 147.9M | 140.4M | 111.7M |
| Total Non-Current Assets | 12.02B | 11.97B | 12B | 12.19B | 11.11B | 11.1B | 10.88B | 10.79B | 10.89B | 10.55B | 10.34B | 9.99B | 9.83B | 9.71B | 9.57B | 9.45B | 9.38B | 9.37B | 9.4B | 9.39B |
| Property, Plant & Equipment | 5.8B | 5.78B | 5.82B | 5.77B | 5.64B | 5.66B | 5.52B | 5.47B | 5.53B | 5.38B | 5.3B | 5.17B | 5.03B | 5.01B | 4.94B | 4.91B | 4.8B | 4.84B | 4.9B | 4.89B |
| Fixed Asset Turnover | 1.45x | 1.47x | 1.36x | 1.55x | 1.36x | 1.44x | 1.45x | 1.40x | 1.39x | 1.44x | 1.42x | 1.43x | 1.48x | 1.50x | 1.49x | 1.44x | 1.44x | 1.42x | 1.42x | 1.30x |
| Goodwill | 2.81B | 2.81B | 2.82B | 2.44B | 16M | 2.43B | 2.38B | 2.37B | 2.41B | 2.36B | 2.32B | 2.23B | 2.25B | 2.21B | 2.16B | 2.15B | 2.11B | 2.14B | 2.16B | 2.12B |
| Intangible Assets | 1.29B | 1.29B | 1.3B | 1.16B | 26M | 1.03B | 1.01B | 1.01B | 1.01B | 931.9M | 836M | 748.2M | 737.4M | 718.6M | 692.3M | 690.9M | 681.1M | 677.9M | 661M | 641.5M |
| Long-Term Investments | 0 | 0 | 1.96B | 1.92B | 1.89B | 1.86B | 1.86B | 1.83B | 1.85B | 1.81B | 1.81B | 1.77B | 1.75B | 1.71B | 1.72B | 1.64B | 1.73B | 1.67B | 1.65B | 1.69B |
| Other Non-Current Assets | 2.12B | 2.08B | 102.5M | 113.1M | 3.54B | 122.9M | 112.2M | 109.8M | 92.9M | 71.5M | 73.9M | 63.1M | 61.4M | 60.3M | 56.2M | 55.3M | 47.6M | 43.6M | 40.7M | 41.9M |
| Total Assets | 18.43B | 18.49B | 18.32B | 18.38B | 17.12B | 17.39B | 16.93B | 16.72B | 17.07B | 16.63B | 16.15B | 15.67B | 14.81B | 14.8B | 14.4B | 14.11B | 13.59B | 13.5B | 13.67B | 13.46B |
| Asset Turnover | 0.46x | 0.46x | 0.43x | 0.50x | 0.45x | 0.47x | 0.47x | 0.46x | 0.45x | 0.47x | 0.47x | 0.48x | 0.50x | 0.51x | 0.51x | 0.51x | 0.51x | 0.51x | 0.51x | 0.48x |
| Asset Growth % | 7.64% | 6.28% | 8.19% | 9.91% | 0.31% | 4.57% | 4.86% | 6.7% | 15.23% | 12.41% | 12.16% | 11.03% | 8.99% | 9.57% | 5.34% | 4.83% | 6.83% | 1.48% | 3.36% | 1.64% |
| Total Current Liabilities | 6.51B | 6.67B | 6.55B | 6.28B | 6.2B | 6.99B | 6.7B | 6.49B | 6.75B | 6.17B | 5.91B | 5.66B | 4.95B | 5.07B | 4.76B | 4.71B | 4.31B | 4.21B | 4.41B | 4.27B |
| Accounts Payable | 905.7M | 915.2M | 937M | 899.8M | 960.5M | 882.5M | 976.1M | 851.7M | 926.7M | 943.4M | 962.9M | 866.9M | 922.1M | 943.5M | 922.2M | 853.5M | 828M | 841.1M | 889M | 767.1M |
| Days Payables Outstanding | 11.81 | 11.78 | 12.59 | 11.5 | 13.15 | 12.66 | 12.4 | 12.67 | 13.55 | 13.48 | 13.42 | 13.53 | 13.78 | 13.7 | 13.13 | 13.27 | 13.39 | 13.88 | 12.97 | 14.17 |
| Short-Term Debt | 4.56B | 4.74B | 4.57B | 4.45B | 305.4M | 5.11B | 4.74B | 4.75B | 4.92B | 4.31B | 4.07B | 4.07B | 3.21B | 3.3B | 2.98B | 3.07B | 2.67B | 2.52B | 2.63B | 2.64B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 139M | 294.6M | 290.1M | 266.8M | 312.6M | 301M | 0 | 280.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.05B | 1.02B | 298.9M | 299.3M | 4.56B | -294.6M | -290.1M | -266.8M | -312.6M | 87.8M | 267.4M | 441.7M | 371.4M | 381M | 370.9M | 291.7M | 361.3M | 383.3M | 392.9M | 297.5M |
| Current Ratio | 0.98x | 0.98x | 0.96x | 0.99x | 0.97x | 0.90x | 0.90x | 0.91x | 0.91x | 0.98x | 0.98x | 1.00x | 1.01x | 1.00x | 1.01x | 0.99x | 0.98x | 0.98x | 0.97x | 0.95x |
| Quick Ratio | 0.21x | 0.21x | 0.22x | 0.22x | 0.21x | 0.21x | 0.23x | 0.20x | 0.20x | 0.22x | 0.23x | 0.25x | 0.26x | 0.24x | 0.25x | 0.25x | 0.25x | 0.26x | 0.26x | 0.22x |
| Cash Conversion Cycle | 65.42 | 63.29 | 66.28 | 58.06 | 67.2 | 63.74 | 62.08 | 66.78 | 67.99 | 63.53 | 63.83 | 60.02 | 53.64 | 52.5 | 50.86 | 50.66 | 47.04 | 46.27 | 46.11 | 48.07 |
| Total Non-Current Liabilities | 5.95B | 5.98B | 6.08B | 6.52B | 5.19B | 4.77B | 4.82B | 5.01B | 5.08B | 5.47B | 5.39B | 5.26B | 5.31B | 5.32B | 5.28B | 5.23B | 5.19B | 5.07B | 5.09B | 5.09B |
| Long-Term Debt | 2.07B | 2.12B | 2.21B | 1.81B | 1.27B | 906.7M | 993M | 1.13B | 1.13B | 1.59B | 1.46B | 1.42B | 1.54B | 1.61B | 1.62B | 1.55B | 1.56B | 1.41B | 1.38B | 1.39B |
| Capital Lease Obligations | 2.39B | 2.39B | 2.43B | 2.46B | 2.39B | 2.4B | 2.36B | 2.39B | 2.44B | 2.4B | 2.41B | 2.34B | 2.3B | 2.31B | 2.3B | 2.34B | 2.31B | 2.36B | 2.41B | 2.37B |
| Deferred Tax Liabilities | 1.22B | 1.21B | 1.2B | 1.98B | 1.28B | 1.2B | 1.21B | 1.23B | 1.24B | 1.23B | 1.25B | 1.23B | 1.21B | 1.16B | 1.14B | 1.12B | 1.11B | 1.08B | 1.06B | 1.06B |
| Other Non-Current Liabilities | 266.6M | 261M | 239.9M | 265.3M | 258.4M | 258.1M | 247.6M | 253.3M | 264.7M | 253.3M | 275.8M | 270.8M | 259.6M | 239.9M | 223.2M | 223.1M | 200M | 222.5M | 239M | 269M |
| Total Liabilities | 12.46B | 12.65B | 12.64B | 12.8B | 11.39B | 11.76B | 11.52B | 11.49B | 11.83B | 11.65B | 11.3B | 10.92B | 10.26B | 10.39B | 10.04B | 9.94B | 9.5B | 9.28B | 9.5B | 9.37B |
| Total Debt | 9.02B | 9.25B | 9.33B | 8.82B | 3.96B | 8.41B | 8.1B | 8.27B | 8.49B | 8.3B | 8.03B | 7.82B | 7.05B | 7.22B | 6.9B | 6.95B | 6.54B | 6.28B | 6.42B | 6.4B |
| Net Debt | 8.95B | 9.18B | 9.25B | 8.76B | 3.88B | 8.26B | 7.98B | 8.2B | 8.4B | 8.19B | 7.91B | 7.73B | 6.95B | 7.1B | 6.8B | 6.85B | 6.45B | 6.13B | 6.25B | 6.3B |
| Debt / Equity | 1.51x | 1.59x | 1.64x | 1.58x | 0.69x | 1.49x | 1.50x | 1.58x | 1.62x | 1.67x | 1.66x | 1.65x | 1.55x | 1.64x | 1.59x | 1.67x | 1.60x | 1.49x | 1.54x | 1.56x |
| Debt / EBITDA | 25.88x | 24.15x | 27.96x | 24.13x | 11.65x | 20.60x | 21.89x | 22.06x | 23.71x | 22.05x | 21.97x | 25.80x | 19.22x | 17.41x | 16.94x | 18.91x | 16.60x | 14.99x | 14.80x | 16.50x |
| Net Debt / EBITDA | 25.69x | 23.97x | 27.71x | 23.95x | 11.42x | 20.22x | 21.57x | 21.87x | 23.46x | 21.75x | 21.65x | 25.48x | 18.94x | 17.12x | 16.69x | 18.62x | 16.37x | 14.62x | 14.40x | 16.24x |
| Interest Coverage | 5.35x | 5.94x | 5.87x | 5.35x | 5.50x | 6.41x | 6.43x | 5.42x | 5.13x | 5.89x | 5.46x | 5.13x | 6.94x | 8.28x | 9.36x | 10.61x | 15.74x | 20.22x | 21.73x | 24.88x |
| Total Equity | 5.96B | 5.83B | 5.68B | 5.58B | 5.73B | 5.63B | 5.41B | 5.23B | 5.23B | 4.99B | 4.85B | 4.76B | 4.55B | 4.41B | 4.35B | 4.17B | 4.09B | 4.22B | 4.16B | 4.09B |
| Equity Growth % | 4.14% | 3.59% | 4.98% | 6.76% | 9.39% | 12.94% | 11.69% | 9.92% | 15.01% | 13.08% | 11.37% | 13.91% | 11.33% | 4.51% | 4.49% | 1.95% | 5.73% | 12.14% | 19.51% | 23.12% |
| Book Value per Share | 90.75 | 88.65 | 86.36 | 84.82 | 86.75 | 85.07 | 81.03 | 78.25 | 78.37 | 74.54 | 72.22 | 70.77 | 67.66 | 64.67 | 62.86 | 58.97 | 55.42 | 55.66 | 53.94 | 52.43 |
| Total Shareholders' Equity | 5.94B | 5.83B | 5.68B | 5.56B | 5.71B | 5.61B | 5.39B | 5.21B | 5.2B | 4.95B | 4.82B | 4.73B | 4.52B | 4.38B | 4.32B | 4.15B | 4.06B | 4.19B | 4.14B | 4.07B |
| Common Stock | 0 | 0 | 0 | 0 | 1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | 6.16B | 6.03B | 5.87B | 5.75B | 5.91B | 5.79B | 5.7B | 5.57B | 5.41B | 5.25B | 5.11B | 4.99B | 4.87B | 4.66B | 4.64B | 4.48B | 4.5B | 4.51B | 4.34B | 4.2B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -220.5M | -216.5M | -209.5M | -187.7M | -203.6M | -172.4M | -309.6M | -364.5M | -212.4M | -299.7M | -297.3M | -264.1M | -341.6M | -275.8M | -312.5M | -335.3M | -441M | -311.9M | -198.1M | -168.8M |
| Minority Interest | 18.3M | 18.1M | 18.5M | 18.5M | 18M | 17.7M | 18M | 17.5M | 30.7M | 31.7M | 30.3M | 29.4M | 27.7M | 27.6M | 28.1M | 26.8M | 24.5M | 24.6M | 25.6M | 25M |