Penske Automotive Group, Inc. (PAG) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Auto - Dealerships
EV/EBITDA
↑
13.96
↑+24% vs avg
5yr avg: 11.30
30Y Low7.5·High27.5
P/FCF
↑
15.56
↑+36% vs avg
5yr avg: 11.48
30Y Low3.7·High29.5
P/B Ratio
↓
2.08
+1% vs avg
5yr avg: 2.05
30Y Low0.4·High3.6
ROE
↓
17.3%
↑-32% vs avg
5yr avg: 25.4%
30Y Low-37%·High33%
Debt/EBITDA
↑
6.07
↑+22% vs avg
5yr avg: 4.99
30Y Low4.3·High19.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PAG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Penske Automotive Group, Inc. trades at 12.4x earnings, 36% above its 5-year average of 9.1x, sitting at the 56th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 41%. On a free-cash-flow basis, the stock trades at 15.6x P/FCF, 36% above the 5-year average of 11.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $11.5B | $10.5B | $10.2B | $10.9B | $8.6B | $8.6B | $4.8B | $4.1B | $3.4B | $4.1B | $4.5B |
| Enterprise Value | $20.3B | $19.2B | $18.4B | $18.6B | $15.4B | $14.9B | $11.9B | $12.8B | $9.4B | $10.0B | $9.6B |
| P/E Ratio → | 12.40 | 11.20 | 10.52 | 10.36 | 6.20 | 7.20 | 8.81 | 9.51 | 7.29 | 6.70 | 12.99 |
| P/S Ratio | 0.36 | 0.33 | 0.32 | 0.35 | 0.31 | 0.33 | 0.23 | 0.18 | 0.15 | 0.19 | 0.22 |
| P/B Ratio | 2.08 | 1.88 | 1.95 | 2.30 | 2.05 | 2.09 | 1.44 | 1.47 | 1.30 | 1.69 | 2.51 |
| P/FCF | 15.56 | 14.16 | 12.57 | 15.20 | 7.27 | 8.19 | 4.71 | 15.16 | 11.11 | 10.91 | 26.26 |
| P/OCF | 10.82 | 9.84 | 8.64 | 9.98 | 5.86 | 6.61 | 3.98 | 7.99 | 5.59 | 6.59 | 11.96 |
P/E links to full P/E history page with 30-year chart
PAG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Penske Automotive Group, Inc.'s enterprise value stands at 14.0x EBITDA, 24% above its 5-year average of 11.3x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 15% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.60 | 0.58 | 0.60 | 0.55 | 0.58 | 0.58 | 0.55 | 0.41 | 0.47 | 0.48 |
| EV / EBITDA | 13.96 | 13.24 | 12.01 | 11.64 | 9.53 | 10.05 | 14.54 | 16.77 | 12.23 | 14.14 | 14.49 |
| EV / EBIT | 15.83 | 12.61 | 11.71 | 10.90 | 7.77 | 8.72 | 13.78 | 15.97 | 11.76 | 13.89 | 14.94 |
| EV / FCF | — | 25.99 | 22.68 | 25.83 | 13.09 | 14.22 | 11.73 | 46.77 | 30.42 | 26.53 | 56.71 |
PAG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Penske Automotive Group, Inc. earns an operating margin of 4.0%, above the Consumer Cyclical sector average of 2.0%. ROE of 17.3% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 6.9% represents adequate returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 16.4% | 16.4% | 16.4% | 16.6% | 17.4% | 17.4% | 15.6% | 14.9% | 15.0% | 15.1% | 14.7% |
| Operating Margin | 4.0% | 4.0% | 4.3% | 4.7% | 5.3% | 5.3% | 3.4% | 2.8% | 2.9% | 2.9% | 2.9% |
| Net Profit Margin | 2.9% | 2.9% | 3.0% | 3.6% | 5.0% | 4.6% | 2.7% | 1.9% | 2.1% | 2.9% | 1.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.3% | 17.3% | 19.4% | 24.8% | 33.4% | 32.0% | 17.7% | 16.0% | 18.6% | 29.2% | 19.0% |
| ROA | 5.3% | 5.3% | 6.0% | 7.4% | 10.0% | 8.9% | 4.0% | 3.5% | 4.4% | 6.3% | 4.1% |
| ROIC | 6.9% | 6.9% | 8.0% | 9.3% | 10.4% | 9.8% | 4.8% | 4.9% | 5.9% | 6.0% | 6.4% |
| ROCE | 11.5% | 11.5% | 13.5% | 14.9% | 16.0% | 15.3% | 8.3% | 9.1% | 11.7% | 12.0% | 13.8% |
PAG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Penske Automotive Group, Inc. carries a Debt/EBITDA ratio of 6.1x, which is highly leveraged (27% above the sector average of 4.8x). Net debt stands at $8.8B ($8.8B total debt minus $65M cash). Interest coverage of 5.8x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.58 | 1.58 | 1.58 | 1.63 | 1.67 | 1.56 | 2.16 | 3.08 | 2.28 | 2.44 | 2.92 |
| Debt / EBITDA | 6.07 | 6.07 | 5.40 | 4.85 | 4.31 | 4.33 | 8.76 | 11.37 | 7.82 | 8.39 | 7.82 |
| Net Debt / Equity | — | 1.57 | 1.57 | 1.61 | 1.64 | 1.54 | 2.15 | 3.07 | 2.27 | 2.42 | 2.91 |
| Net Debt / EBITDA | 6.03 | 6.03 | 5.35 | 4.79 | 4.24 | 4.26 | 8.70 | 11.33 | 7.76 | 8.32 | 7.78 |
| Debt / FCF | — | 11.83 | 10.11 | 10.64 | 5.82 | 6.03 | 7.02 | 31.61 | 19.31 | 15.62 | 30.45 |
| Interest Coverage | 5.82 | 5.82 | 17.89 | 7.47 | 16.14 | 17.96 | 5.50 | 3.83 | 4.09 | 4.21 | 4.73 |
PAG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.99x is below 1.0, meaning current liabilities exceed current assets. The quick ratio of 0.22x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.99 | 0.99 | 0.91 | 1.00 | 0.99 | 0.95 | 0.94 | 0.98 | 1.01 | 1.01 | 1.05 |
| Quick Ratio | 0.22 | 0.22 | 0.20 | 0.25 | 0.25 | 0.22 | 0.21 | 0.20 | 0.21 | 0.22 | 0.24 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Asset Turnover | — | 1.73 | 1.91 | 1.97 | 1.97 | 1.90 | 1.54 | 1.66 | 2.09 | 2.03 | 2.27 |
| Inventory Turnover | 5.52 | 5.52 | 5.74 | 6.00 | 6.55 | 6.75 | 5.04 | 4.63 | 4.79 | 4.61 | 5.03 |
| Days Sales Outstanding | — | 12.28 | 11.48 | 13.16 | 11.90 | 10.48 | 14.41 | 15.12 | 14.88 | 16.30 | 15.95 |
PAG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Penske Automotive Group, Inc. returns 4.3% to shareholders annually — split between a 3.0% dividend yield and 1.4% buyback yield. The payout ratio of 36.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 8.1% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | 3.3% | 2.7% | 1.7% | 1.8% | 1.7% | 1.4% | 3.2% | 3.5% | 2.6% | 2.1% |
| Payout Ratio | 36.8% | 36.8% | 28.3% | 17.1% | 11.2% | 12.0% | 12.5% | 30.0% | 25.7% | 17.7% | 27.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.1% | 8.9% | 9.5% | 9.7% | 16.1% | 13.9% | 11.3% | 10.5% | 13.7% | 14.9% | 7.7% |
| FCF Yield | 6.4% | 7.1% | 8.0% | 6.6% | 13.8% | 12.2% | 21.2% | 6.6% | 9.0% | 9.2% | 3.8% |
| Buyback Yield | 1.4% | 1.5% | 0.6% | 3.3% | 10.2% | 3.3% | 0.6% | 4.1% | 2.0% | 0.5% | 3.9% |
| Total Shareholder Yield | 4.3% | 4.8% | 3.3% | 5.0% | 12.0% | 4.9% | 2.0% | 7.2% | 5.5% | 3.1% | 6.0% |
| Shares Outstanding | — | $66M | $67M | $68M | $74M | $80M | $81M | $82M | $85M | $86M | $86M |
Peer Comparison
Compare PAG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PAGYou | $12B | 12.4 | 14.0 | 15.6 | 16.4% | 4.0% | 17.3% | 6.9% | 6.1 |
 AN | $6B | 11.1 | 10.5 | — | 17.0% | 4.8% | 27.1% | 8.5% | 6.4 |
 LAD | $7B | 9.1 | 11.4 | 35.0 | 15.2% | 3.8% | 12.3% | 5.2% | 8.0 |
 SAH | $3B | 23.6 | 9.9 | 6.6 | 14.6% | 3.6% | 11.1% | 7.8% | 6.0 |
 ABG | $4B | 7.8 | 9.3 | 6.6 | 16.6% | 5.6% | 13.3% | 8.0% | 5.8 |
 GPI | $4B | 12.5 | 8.9 | 8.8 | 15.5% | 4.2% | 11.2% | 8.5% | 5.5 |
 CVNA | $72B | 39.4 | 32.7 | 81.1 | 20.6% | 9.3% | 50.4% | 34.3% | 0.3 |
 KMX | $8B | 31.9 | — | 6.1 | 10.8% | -1.6% | 4.1% | -1.3% | — |
 VRM | $53M | -6.6 | 179.2 | 0.8 | 81.2% | 0.2% | -18.6% | 0.0% | 169.9 |
 ACVA | $1B | -16.6 | — | 16.4 | 62.1% | -8.1% | -15.2% | -13.5% | — |
 GM | $71B | 24.2 | 10.3 | 6.5 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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PAG — Frequently Asked Questions
Quick answers to the most common questions about buying PAG stock.
What is Penske Automotive Group, Inc.'s P/E ratio?
Penske Automotive Group, Inc.'s current P/E ratio is 12.4x. The historical average is 19.1x. This places it at the 56th percentile of its historical range.
What is Penske Automotive Group, Inc.'s EV/EBITDA?
Penske Automotive Group, Inc.'s current EV/EBITDA is 14.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.2x.
What is Penske Automotive Group, Inc.'s ROE?
Penske Automotive Group, Inc.'s return on equity (ROE) is 17.3%. The historical average is 12.6%.
Is PAG stock overvalued?
Based on historical data, Penske Automotive Group, Inc. is trading at a P/E of 12.4x. This is at the 56th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Penske Automotive Group, Inc.'s dividend yield?
Penske Automotive Group, Inc.'s current dividend yield is 2.96% with a payout ratio of 36.8%.
What are Penske Automotive Group, Inc.'s profit margins?
Penske Automotive Group, Inc. has 16.4% gross margin and 4.0% operating margin.
How much debt does Penske Automotive Group, Inc. have?
Penske Automotive Group, Inc.'s Debt/EBITDA ratio is 6.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.