Last 7 days
0.8%
Last 30 days
-3.5%
Last 90 days
3.8%
Trailing 12 Months
57.8%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-01 | KURNICK ROBERT H JR | sold | -1,826,820 | 166 | -10,997 | president |
2023-08-09 | BARR JOHN | sold | -490,470 | 163 | -3,000 | - |
2023-06-05 | Hulgrave Michelle | sold | -290,260 | 145 | -2,000 | evp & cfo |
2023-06-05 | Spradlin Shane M. | sold | -463,766 | 141 | -3,284 | evp, gen. counsel & sec. |
2023-06-01 | PENSKE ROGER S | sold (taxes) | -5,835,930 | 138 | -42,158 | chair & ceo |
2023-06-01 | Denker Claude H III | sold (taxes) | -583,621 | 138 | -4,216 | evp - human resources |
2023-06-01 | KURNICK ROBERT H JR | sold (taxes) | -1,167,520 | 138 | -8,434 | president |
2023-06-01 | Spradlin Shane M. | sold (taxes) | -583,621 | 138 | -4,216 | evp, gen. counsel & sec. |
2023-06-01 | Hulgrave Michelle | sold (taxes) | -220,381 | 138 | -1,592 | evp & cfo |
2023-05-03 | MCWATERS KIMBERLY J | sold | -1,206,410 | 141 | -8,524 | - |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | 1,415 | 9,498 | -% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | 491,436 | 3,299,270 | 0.03% |
2023-08-24 | INVICTUS PRIVATE WEALTH, LLC | unchanged | - | 63,589 | 426,906 | 0.05% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | sold off | -100 | -850,860 | - | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -1.94 | 390,595 | 2,929,420 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -27.86 | -755,942 | 4,207,410 | 0.01% |
2023-08-21 | VisionPoint Advisory Group, LLC | new | - | 667 | 667 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -13.22 | 192,637 | 9,979,640 | -% |
2023-08-16 | CreativeOne Wealth, LLC | added | 120 | 382,000 | 622,000 | 0.02% |
2023-08-15 | Retirement Group, LLC | unchanged | - | 166 | 4,166 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 08, 2022 | dimensional fund advisors lp | 4.6% | 3,594,674 | SC 13G/A | |
Dec 21, 2021 | mitsui & co ltd | 17.0% | 13,322,205 | SC 13D/A | |
Feb 12, 2021 | dimensional fund advisors lp | 5.3% | 4,241,667 | SC 13G |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 20, 2023 | 8-K | Current Report | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Sep 01, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 11, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 311.2B | 154.9B | -4.07% | 14.89% | 19.17 | 2.01 | -0.23% | -3.86% |
ORLY | 57.1B | 15.2B | 0.04% | 34.91% | 25.3 | 3.75 | 10.79% | 5.71% |
AZO | 47.5B | 17.1B | 5.45% | 21.20% | 19.2 | 2.78 | 8.20% | 2.84% |
KMX | 12.9B | 28.1B | 0.64% | -0.94% | 27.95 | 0.46 | -16.27% | -52.34% |
MID-CAP | ||||||||
PAG | 10.9B | 28.7B | -3.50% | 57.78% | 8.84 | 0.38 | 7.74% | -12.15% |
LAD | 8.3B | 29.3B | 0.55% | 31.58% | 7.54 | 0.28 | 10.99% | -13.31% |
MUSA | 7.4B | 22.2B | 9.11% | 22.16% | 12.85 | 0.33 | 4.57% | 5.07% |
AN | 6.8B | 26.7B | -4.12% | 43.37% | 5.65 | 0.25 | 0.26% | -19.30% |
ABG | 4.7B | 14.9B | 3.04% | 47.98% | 5.06 | 0.32 | 8.81% | 19.77% |
AAP | 3.6B | 11.2B | -11.85% | -62.91% | 10.34 | 0.32 | 1.42% | -28.99% |
SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | -0.81% | 138.96% | 9.18 | 0.12 | 33.09% | 75.40% |
CWH | 903.1M | 6.5B | -20.59% | -25.67% | 6.59 | 0.13 | -8.44% | -86.10% |
CRMT | 556.1M | 1.4B | -17.00% | 25.79% | 27.22 | 0.4 | 17.56% | -78.50% |
LAZY | 97.4M | 1.2B | -38.60% | -50.21% | 10.2 | 0.08 | -15.08% | -91.16% |
16.8%
21.6%
28.9%
52.6%
56.5%
20%
19.2%
Y-axis is the maximum loss one would have experienced if Penske Automotive Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 2.0% | 28,740 | 28,178 | 27,815 | 27,099 | 26,676 | 26,756 | 25,555 | 25,071 | 24,545 | 21,209 | 20,444 | 20,523 | 20,519 | 22,624 | 23,179 | 22,727 | 22,418 | 22,603 | 22,785 | 22,744 | 22,610 |
Gross Profit | 0.7% | 4,895 | 4,859 | 4,839 | 4,835 | 4,814 | 4,759 | 4,441 | 4,160 | 3,951 | 3,321 | 3,185 | 3,153 | 3,066 | 3,381 | 3,456 | 3,397 | 3,380 | 3,402 | 3,415 | 3,415 | 3,385 |
S&GA Expenses | 1.2% | 3,311 | 3,271 | 3,224 | 3,199 | 3,164 | 3,096 | 2,963 | 2,798 | 2,683 | 2,387 | 2,365 | 2,424 | 2,453 | 2,669 | 2,693 | 2,653 | 2,643 | 2,650 | 2,646 | 2,648 | 2,631 |
EBITDA | -100.0% | - | 2,034 | 2,099 | 2,104 | 2,105 | 2,075 | 1,825 | 1,712 | 1,550 | 1,043 | 876 | 756 | 615 | 735 | 796 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.07* | 0.08* | 0.08* | 0.08* | 0.08* | 0.07* | 0.07* | 0.06* | 0.05* | 0.04* | 0.04* | 0.03* | 0.03* | 0.03* | - | - | - | - | - | - |
Interest Expenses | 31.0% | 178 | 136 | 113 | 92.00 | 86.00 | 93.00 | 95.00 | 142 | 145 | 159 | 169 | 172 | 184 | 205 | 205 | 202 | 197 | 194 | 190 | 188 | 180 |
Earnings Before Taxes | -5.6% | 1,669 | 1,769 | 1,859 | 1,885 | 1,894 | 1,858 | 1,608 | 1,451 | 1,286 | 884 | 708 | 584 | 431 | 529 | 592 | 579 | 577 | 594 | 604 | 605 | 587 |
EBT Margin | -100.0% | - | 0.06* | 0.07* | 0.07* | 0.07* | 0.07* | 0.06* | 0.06* | 0.05* | 0.04* | 0.03* | 0.03* | 0.02* | 0.02* | 0.03* | - | - | - | - | - | - |
Net Income | -5.6% | 1,237 | 1,310 | 1,380 | 1,393 | 1,408 | 1,373 | 1,188 | 1,077 | 968 | 674 | 544 | 445 | 315 | 387 | 436 | 432 | 446 | 463 | 471 | 703 | 667 |
Net Income Margin | -100.0% | - | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.05* | 0.04* | 0.04* | 0.03* | 0.03* | 0.02* | 0.02* | 0.02* | 0.02* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,390 | 1,459 | 1,170 | 1,255 | 1,433 | 1,292 | 1,682 | 1,334 | 1,229 | 1,202 | 707 | 998 | 639 | 518 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 2.8% | 14,797 | 14,396 | 14,115 | 13,588 | 13,504 | 13,666 | 13,465 | 12,719 | 13,307 | 13,222 | 13,247 | 13,010 | 12,876 | 13,817 | 13,943 | 13,690 | 13,361 | 13,575 | 10,905 | 10,527 | 10,571 |
Current Assets | 5.5% | 5,086 | 4,823 | 4,664 | 4,210 | 4,132 | 4,266 | 4,075 | 3,577 | 4,142 | 4,359 | 4,409 | 4,349 | 4,418 | 5,396 | 5,334 | 5,188 | 5,075 | 5,283 | 5,095 | 4,866 | 4,958 |
Cash Equivalents | 18.9% | 120 | 101 | 107 | 92.00 | 155 | 170 | 101 | 119 | 165 | 95.00 | 50.00 | 93.00 | 159 | 432 | 28.00 | 78.00 | 44.00 | 44.00 | 39.00 | 38.00 | 46.00 |
Inventory | 6.9% | 3,881 | 3,630 | 3,509 | 3,147 | 3,055 | 3,120 | 3,129 | 2,598 | 2,937 | 3,278 | 3,426 | 3,210 | 3,426 | 4,263 | 4,261 | 4,044 | 3,978 | 4,104 | 4,040 | 3,783 | 3,895 |
Net PPE | 2.2% | 2,625 | 2,567 | 2,497 | 2,416 | 2,402 | 2,415 | 2,442 | 2,379 | 2,410 | 2,373 | 2,404 | 2,338 | 2,294 | 2,298 | 2,366 | 2,309 | 2,309 | 2,276 | 2,250 | 2,178 | 2,145 |
Goodwill | 2.1% | 2,209 | 2,163 | 2,155 | 2,113 | 2,140 | 2,157 | 2,124 | 2,051 | 2,071 | 1,929 | 1,928 | 1,901 | 1,878 | 1,869 | 1,911 | 1,877 | 1,749 | 1,761 | 1,752 | 1,693 | 1,701 |
Liabilities | 3.4% | 10,387 | 10,044 | 9,940 | 9,500 | 9,285 | 9,502 | 9,370 | 8,853 | 9,544 | 9,737 | 9,921 | 9,926 | 10,099 | 11,109 | 11,131 | 11,030 | 10,700 | 10,914 | 8,270 | 7,915 | 8,045 |
Current Liabilities | 6.5% | 5,069 | 4,761 | 4,713 | 4,313 | 4,215 | 4,413 | 4,275 | 3,837 | 4,403 | 4,589 | 4,675 | 4,109 | 4,690 | 5,229 | 5,451 | 5,347 | 5,170 | 5,376 | 5,048 | 4,826 | 4,906 |
Long Term Debt | 2.5% | 1,744 | 1,701 | 1,622 | 1,638 | 1,486 | 1,463 | 1,474 | 1,425 | 1,518 | 1,581 | 1,690 | 2,302 | 2,137 | 2,621 | 2,360 | 2,379 | 2,228 | 2,213 | 2,217 | 2,086 | 2,152 |
LT Debt, Current | 59.6% | 130 | 82.00 | 75.00 | 76.00 | 79.00 | 79.00 | 82.00 | 68.00 | 82.00 | 88.00 | 88.00 | 86.00 | 83.00 | 105 | 103 | 97.00 | 93.00 | 95.00 | 92.00 | 93.00 | 92.00 |
LT Debt, Non Current | -0.4% | 1,614 | 1,620 | 1,547 | 1,562 | 1,408 | 1,384 | 1,392 | 1,357 | 1,436 | 1,493 | 1,602 | 2,216 | 2,054 | 2,516 | 2,257 | 2,283 | 2,134 | 2,118 | 2,125 | 1,993 | 2,060 |
Shareholder's Equity | 0.7% | 4,382 | 4,351 | 4,148 | 4,064 | 4,219 | 4,164 | 4,095 | 3,866 | 3,763 | 3,485 | 3,326 | 3,084 | 2,778 | 2,708 | 2,812 | 2,659 | 2,661 | 2,661 | 2,635 | 2,612 | 2,526 |
Retained Earnings | 0.5% | 4,658 | 4,636 | 4,483 | 4,505 | 4,507 | 4,337 | 4,197 | 3,922 | 3,603 | 3,299 | 3,151 | 2,985 | 2,738 | 2,693 | 2,676 | 2,608 | 2,524 | 2,439 | 2,366 | 2,299 | 2,200 |
Additional Paid-In Capital | - | - | - | - | - | - | - | 42.00 | 111 | 284 | 318 | 312 | 301 | 296 | 296 | 320 | 317 | 357 | 428 | 478 | 488 | 484 |
Shares Outstanding | -2.5% | 67.00 | 69.00 | 70.00 | 72.00 | 76.00 | 77.00 | 78.00 | 80.00 | 81.00 | 81.00 | 80.00 | 80.00 | 80.00 | 81.00 | 81.00 | 82.00 | 83.00 | 84.00 | 85.00 | 85.00 | 85.00 |
Minority Interest | -1.8% | 28.00 | 28.00 | 27.00 | 25.00 | 25.00 | 26.00 | 25.00 | 24.00 | 24.00 | 23.00 | 24.00 | 19.00 | 18.00 | 18.00 | 18.00 | 20.00 | 21.00 | 20.00 | 26.00 | 29.00 | 29.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -14.8% | 1,184 | 1,390 | 1,459 | 1,170 | 1,255 | 1,433 | 1,292 | 1,682 | 1,334 | 1,229 | 1,202 | 707 | 998 | 639 | 518 | 739 | 502 | 531 | 614 | 692 | 720 |
Cashflow From Investing | 8.6% | -546 | -597 | -641 | -831 | -648 | -754 | -623 | -424 | -420 | -138 | -136 | -117 | -458 | -498 | -532 | -737 | -421 | -406 | -525 | -364 | -624 |
Cashflow From Financing | 21.4% | -668 | -850 | -798 | -349 | -604 | -600 | -615 | -1,231 | -918 | -1,437 | -1,053 | -582 | -424 | 250 | 3.00 | 39.00 | -81.70 | -132 | -94.30 | -326 | -70.60 |
Dividend Payments | 4.3% | 167 | 160 | 154 | 150 | 147 | 144 | 143 | 140 | 104 | 69.00 | 68.00 | 68.00 | 101 | 133 | 131 | 129 | 127 | 124 | 121 | 118 | 115 |
Buy Backs | 7.8% | 946 | 878 | 869 | 676 | 545 | 413 | 281 | 220 | 41.00 | 5.00 | 29.00 | 30.00 | 73.00 | 144 | 169 | 187 | 144 | 73.00 | 69.00 | 56.00 | 66.00 |
CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenue: | ||||
Total revenues | $ 7,468.5 | $ 6,906.9 | $ 14,807.5 | $ 13,882.3 |
Cost of sales: | ||||
Total cost of sales | 6,195.5 | 5,669.9 | 12,282.2 | 11,413.6 |
Gross profit | 1,273.0 | 1,237.0 | 2,525.3 | 2,468.7 |
Selling, general, and administrative expenses | 858.1 | 817.7 | 1,703.0 | 1,615.5 |
Depreciation | 34.1 | 31.7 | 68.0 | 63.6 |
Operating income | 380.8 | 387.6 | 754.3 | 789.6 |
Floor plan interest expense | (30.8) | (9.0) | (58.7) | (16.5) |
Other interest expense | (24.2) | (17.0) | (45.0) | (33.5) |
Equity in earnings of affiliates | 74.5 | 138.0 | 156.6 | 257.6 |
Income before income taxes | 400.3 | 499.6 | 807.2 | 997.2 |
Income taxes | (97.7) | (123.7) | (205.0) | (251.8) |
Net income | 302.6 | 375.9 | 602.2 | 745.4 |
Less: Income attributable to non-controlling interests | 1.8 | 1.9 | 3.1 | 3.5 |
Net income attributable to Penske Automotive Group common stockholders | $ 300.8 | $ 374.0 | $ 599.1 | $ 741.9 |
Basic earnings per share attributable to Penske Automotive Group common stockholders: | ||||
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 4.41 | $ 4.93 | $ 8.72 | $ 9.70 |
Shares used in determining basic earnings per share (in shares) | 68,175,825 | 75,793,239 | 68,689,106 | 76,501,402 |
Diluted earnings per share attributable to Penske Automotive Group common stockholders: | ||||
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 4.41 | $ 4.93 | $ 8.72 | $ 9.70 |
Shares used in determining diluted earnings per share (in shares) | 68,190,828 | 75,817,119 | 68,704,109 | 76,525,282 |
Amounts attributable to Penske Automotive Group common stockholders: | ||||
Net income | $ 302.6 | $ 375.9 | $ 602.2 | $ 745.4 |
Less: Income attributable to non-controlling interests | 1.8 | 1.9 | 3.1 | 3.5 |
Net income attributable to Penske Automotive Group common stockholders | $ 300.8 | $ 374.0 | $ 599.1 | $ 741.9 |
Cash dividends per share (in dollars per share) | $ 0.66 | $ 0.50 | $ 1.27 | $ 0.97 |
Retail automotive dealership | ||||
Revenue: | ||||
Total revenues | $ 6,406.0 | $ 5,997.3 | $ 12,705.8 | $ 12,026.5 |
Cost of sales: | ||||
Total cost of sales | 5,320.1 | 4,937.3 | 10,557.3 | 9,915.8 |
Retail commercial truck dealership | ||||
Revenue: | ||||
Total revenues | 919.2 | 768.7 | 1,814.8 | 1,561.0 |
Cost of sales: | ||||
Total cost of sales | 772.4 | 632.7 | 1,521.0 | 1,283.8 |
Commercial vehicle distribution and other | ||||
Revenue: | ||||
Total revenues | 143.3 | 140.9 | 286.9 | 294.8 |
Cost of sales: | ||||
Total cost of sales | $ 103.0 | $ 99.9 | $ 203.9 | $ 214.0 |
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 119.6 | $ 106.5 |
Accounts receivable, net of allowance for doubtful accounts of $6.7 and $6.6 | 890.6 | 906.7 |
Inventories | 3,881.3 | 3,509.1 |
Other current assets | 194.9 | 141.9 |
Total current assets | 5,086.4 | 4,664.2 |
Property and equipment, net | 2,624.5 | 2,496.5 |
Operating lease right-of-use assets | 2,389.1 | 2,416.1 |
Goodwill | 2,208.9 | 2,154.7 |
Other indefinite-lived intangible assets | 718.6 | 690.9 |
Equity method investments | 1,709.1 | 1,636.9 |
Other long-term assets | 60.3 | 55.3 |
Total assets | 14,796.9 | 14,114.6 |
LIABILITIES AND EQUITY | ||
Floor plan notes payable | 1,706.7 | 1,565.7 |
Floor plan notes payable — non-trade | 1,465.1 | 1,430.6 |
Accounts payable | 943.5 | 853.5 |
Accrued expenses and other current liabilities | 823.1 | 788.1 |
Current portion of long-term debt | 130.1 | 75.2 |
Total current liabilities | 5,068.5 | 4,713.1 |
Long-term debt | 1,613.6 | 1,546.9 |
Long-term operating lease liabilities | 2,308.6 | 2,335.7 |
Deferred tax liabilities | 1,156.6 | 1,121.0 |
Other long-term liabilities | 239.9 | 223.1 |
Total liabilities | 10,387.2 | 9,939.8 |
Commitments and contingent liabilities (Note 10) | ||
Penske Automotive Group stockholders' equity: | ||
Preferred Stock, $0.0001 par value; 100,000 shares authorized; none issued and outstanding | 0.0 | 0.0 |
Common stock | 0.0 | 0.0 |
Additional paid-in capital | 0.0 | 0.0 |
Retained earnings | 4,657.9 | 4,483.3 |
Accumulated other comprehensive income (loss) | (275.8) | (335.3) |
Total Penske Automotive Group stockholders' equity | 4,382.1 | 4,148.0 |
Non-controlling interest | 27.6 | 26.8 |
Total equity | 4,409.7 | 4,174.8 |
Total liabilities and equity | 14,796.9 | 14,114.6 |
Non-voting Common Stock | ||
Penske Automotive Group stockholders' equity: | ||
Common stock | 0.0 | 0.0 |
Class C Common Stock | ||
Penske Automotive Group stockholders' equity: | ||
Common stock | $ 0.0 | $ 0.0 |