Last 7 days
-1.7%
Last 30 days
-10.0%
Last 90 days
18.3%
Trailing 12 Months
32.1%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 287.5B | 157.4B | -4.48% | -8.67% | 16.81 | 1.83 | 4.13% | 4.09% |
ORLY | 50.6B | 14.4B | -3.77% | 15.78% | 23.27 | 3.51 | 8.12% | 0.37% |
AZO | 44.3B | 16.6B | -9.27% | 15.68% | 18.34 | 2.67 | 9.40% | 5.72% |
KMX | 9.1B | 31.6B | -16.85% | -41.80% | 15.86 | 0.29 | 7.73% | -52.09% |
MID-CAP | ||||||||
PAG | 9.3B | 27.8B | -10.01% | 32.05% | 6.71 | 0.33 | 8.84% | 16.18% |
AAP | 6.6B | 11.2B | -22.83% | -47.92% | 13.09 | 0.59 | 1.43% | -18.54% |
AN | 5.9B | 27.0B | -13.37% | 9.90% | 4.31 | 0.22 | 4.41% | 0.32% |
LAD | 5.8B | 28.2B | -17.52% | -33.88% | 4.63 | 0.21 | 23.46% | 18.01% |
MUSA | 5.7B | 23.4B | -7.70% | 29.37% | 8.48 | 0.24 | 35.05% | 69.54% |
ABG | 4.4B | 15.4B | -13.37% | 14.02% | 4.4 | 0.28 | 66.05% | 78.54% |
SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | 2.29% | 92.05% | 7.94 | 0.12 | 47.82% | 180.33% |
CWH | 804.4M | 7.0B | -18.57% | -34.19% | 5.87 | 0.12 | 0.77% | -50.82% |
CRMT | 473.8M | 1.3B | -4.64% | -13.46% | 7.61 | 0.35 | 25.02% | -44.81% |
LAZY | 129.1M | 1.3B | -8.86% | -41.55% | 1.94 | 0.1 | 7.44% | -19.05% |
LMPX | 92.2M | - | 64.08% | -52.53% | 1.2K | 0.29 | - | - |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 2.6% | 27,815 | 27,099 | 26,676 | 26,756 | 25,555 |
Gross Profit | 0.1% | 4,839 | 4,835 | 4,814 | 4,759 | 4,441 |
S&GA Expenses | 0.8% | 3,224 | 3,199 | 3,164 | 3,096 | 2,963 |
EBITDA | -0.2% | 2,099 | 2,104 | 2,105 | 2,075 | - |
EBITDA Margin | -2.8% | 0.08* | 0.08* | 0.08* | 0.08* | - |
Earnings Before Taxes | -1.4% | 1,859 | 1,885 | 1,894 | 1,858 | 1,608 |
EBT Margin | -3.9% | 0.07* | 0.07* | 0.07* | 0.07* | - |
Interest Expenses | 22.2% | 113 | 92.00 | 86.00 | 93.00 | 95.00 |
Net Income | -1.0% | 1,380 | 1,393 | 1,408 | 1,373 | 1,188 |
Net Income Margin | -3.5% | 0.05* | 0.05* | 0.05* | 0.05* | - |
Free Cahsflow | 24.7% | 1,459 | 1,170 | 1,255 | 1,433 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 3.9% | 14,115 | 13,588 | 13,504 | 13,666 | 13,465 |
Current Assets | 10.8% | 4,664 | 4,210 | 4,132 | 4,266 | 4,075 |
Cash Equivalents | 15.4% | 107 | 92.00 | 155 | 170 | 101 |
Inventory | 11.5% | 3,509 | 3,147 | 3,055 | 3,120 | 3,129 |
Net PPE | 3.4% | 2,497 | 2,416 | 2,402 | 2,415 | 2,442 |
Goodwill | 2.0% | 2,155 | 2,113 | 2,140 | 2,157 | 2,124 |
Liabilities | 4.6% | 9,940 | 9,500 | 9,285 | 9,502 | 9,370 |
Current Liabilities | 9.3% | 4,713 | 4,313 | 4,215 | 4,413 | 4,275 |
Long Term Debt | 10.2% | 1,638 | 1,486 | 1,463 | 1,474 | - |
LT Debt, Current | -1.1% | 75.00 | 76.00 | 79.00 | 79.00 | 82.00 |
LT Debt, Non Current | -1.0% | 1,547 | 1,562 | 1,408 | 1,384 | 1,392 |
Shareholder's Equity | 2.1% | 4,148 | 4,064 | 4,219 | 4,164 | 4,070 |
Retained Earnings | -0.5% | 4,483 | 4,505 | 4,507 | 4,337 | 4,197 |
Additional Paid-In Capital | NaN% | - | - | - | - | 42.00 |
Shares Outstanding | -3.5% | 70.00 | 72.00 | 75.00 | 77.00 | 78.00 |
Minority Interest | 9.4% | 27.00 | 25.00 | 25.00 | 26.00 | 25.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 24.7% | 1,459 | 1,170 | 1,255 | 1,433 | 1,292 |
Cashflow From Investing | 22.8% | -641 | -831 | -648 | -754 | -623 |
Cashflow From Financing | -128.5% | -798 | -349 | -604 | -600 | -615 |
Dividend Payments | 2.9% | 154 | 150 | 147 | 144 | 143 |
Buy Backs | 28.7% | 869 | 676 | 545 | 413 | 281 |
66.5%
20%
19.2%
Y-axis is the maximum loss one would have experienced if Penske Automotive Group was unfortunately bought at previous high price.
17.4%
22.3%
28.1%
78.0%
FIve years rolling returns for Penske Automotive Group.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 6.31 | 186,849 | 961,849 | -% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -10.09 | 25,000 | 528,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -4.14 | 97,785 | 919,785 | -% |
2023-02-27 | Parallax Volatility Advisers, L.P. | added | 27.42 | 225,971 | 687,971 | -% |
2023-02-22 | CVA Family Office, LLC | unchanged | - | 1,321 | 6,321 | -% |
2023-02-21 | MACQUARIE GROUP LTD | unchanged | - | 423,000 | 3,289,000 | -% |
2023-02-21 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | added | 41.93 | 60,513 | 152,513 | -% |
2023-02-21 | Empowered Funds, LLC | sold off | -100 | -1,686,000 | - | -% |
2023-02-21 | Empirical Finance, LLC | added | 0.7 | 66,584 | 445,584 | 0.05% |
2023-02-17 | TRUIST FINANCIAL CORP | added | 2.4 | 370,568 | 2,267,570 | -% |
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 |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 167.82 26.35% | 207.30 56.08% | 298.30 124.59% | 363.60 173.75% | 449.37 238.33% |
Current Inflation | 156.32 17.69% | 190.63 43.53% | 267.63 101.50% | 322.47 142.79% | 394.82 197.26% |
Very High Inflation | 141.91 6.84% | 170.13 28.09% | 231.13 74.02% | 274.22 106.46% | 331.46 149.56% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 16, 2023 | PRE 14A | PRE 14A | |
Mar 10, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Feb 22, 2023 | 4 | Insider Trading | |
Feb 22, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-08 | BARR JOHN | sold | -290,620 | 145 | -2,000 | - |
2023-02-22 | Spradlin Shane M. | sold | -654,165 | 149 | -4,389 | evp, gen. counsel & sec. |
2023-02-21 | SMITH GREG C | sold | -306,379 | 151 | -2,029 | - |
2023-02-15 | Hulgrave Michelle | acquired | - | - | 6,909 | evp & cfo |
2023-02-15 | Denker Claude H III | acquired | - | - | 6,909 | evp - human resources |
2023-02-15 | KURNICK ROBERT H JR | acquired | - | - | 9,212 | president |
2023-02-15 | PENSKE ROGER S | acquired | - | - | 50,668 | chair & ceo |
2023-02-15 | Spradlin Shane M. | acquired | - | - | 6,909 | evp, gen. counsel & sec. |
2022-12-14 | STEINHART RONALD G | acquired | - | - | 2,029 | - |
2022-12-14 | PENSKE GREGORY W | acquired | - | - | 2,678 | - |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Revenue: | |||
Total revenues | $ 27,814.8 | $ 25,554.7 | $ 20,443.9 |
Cost of sales: | |||
Total cost of sales | 22,976.0 | 21,113.9 | 17,259.4 |
Gross profit | 4,838.8 | 4,440.8 | 3,184.5 |
Selling, general and administrative expenses | 3,223.7 | 2,962.9 | 2,364.5 |
Depreciation | 127.3 | 121.5 | 115.5 |
Operating income | 1,487.8 | 1,356.4 | 704.5 |
Floor plan interest expense | (52.4) | (26.2) | (46.3) |
Other interest expense | (70.4) | (68.6) | (111.0) |
Debt redemption costs | 0.0 | (17.0) | (8.6) |
Loss on investment | 0.0 | (11.4) | 0.0 |
Equity in earnings of affiliates | 494.2 | 374.5 | 169.0 |
Income from continuing operations before income taxes | 1,859.2 | 1,607.7 | 707.6 |
Income taxes | (473.0) | (416.3) | (162.7) |
Income from continuing operations | 1,386.2 | 1,191.4 | 544.9 |
Income from discontinued operations, net of tax | 0.0 | 1.3 | 0.4 |
Net income | 1,386.2 | 1,192.7 | 545.3 |
Less: Income attributable to non-controlling interests | 6.2 | 4.9 | 1.7 |
Net income attributable to Penske Automotive Group common stockholders | $ 1,380.0 | $ 1,187.8 | $ 543.6 |
Basic earnings per share attributable to Penske Automotive Group common stockholders: | |||
Continuing operations (in dollars per share) | $ 18.55 | $ 14.88 | $ 6.74 |
Discontinued operations (in dollars per share) | 0.00 | 0.01 | 0.00 |
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 18.55 | $ 14.89 | $ 6.74 |
Shares used in determining basic earnings per share (in shares) | 74,394,799 | 79,746,106 | 80,594,856 |
Diluted earnings per share attributable to Penske Automotive Group common stockholders: | |||
Continuing operations (in dollars per share) | $ 18.55 | $ 14.88 | $ 6.74 |
Discontinued operations (in dollars per share) | 0.00 | 0.01 | 0.00 |
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) | $ 18.55 | $ 14.89 | $ 6.74 |
Shares used in determining diluted earnings per share (in shares) | 74,394,799 | 79,746,106 | 80,594,856 |
Amounts attributable to Penske Automotive Group common stockholders: | |||
Income from continuing operations | $ 1,386.2 | $ 1,191.4 | $ 544.9 |
Less: Income attributable to non-controlling interests | 6.2 | 4.9 | 1.7 |
Income from continuing operations, net of tax | 1,380.0 | 1,186.5 | 543.2 |
Income from discontinued operations, net of tax | 0.0 | 1.3 | 0.4 |
Net income attributable to Penske Automotive Group common stockholders | $ 1,380.0 | $ 1,187.8 | $ 543.6 |
Cash dividends per share (in dollars per share) | $ 2.07 | $ 1.78 | $ 0.84 |
Retail automotive dealership | |||
Revenue: | |||
Total revenues | $ 23,694.7 | $ 22,513.3 | $ 17,928.8 |
Cost of sales: | |||
Total cost of sales | 19,568.3 | 18,643.1 | 15,147.5 |
Retail commercial truck dealership | |||
Revenue: | |||
Total revenues | 3,541.3 | 2,465.7 | 2,060.9 |
Cost of sales: | |||
Total cost of sales | 2,986.2 | 2,048.8 | 1,780.0 |
Commercial vehicle distribution and other | |||
Revenue: | |||
Total revenues | 578.8 | 575.7 | 454.2 |
Cost of sales: | |||
Total cost of sales | $ 421.5 | $ 422.0 | $ 331.9 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
ASSETS | ||
Cash and cash equivalents | $ 106.5 | $ 100.7 |
Accounts receivable, net of allowance for doubtful accounts of $6.6 and $6.8 | 906.7 | 734.0 |
Inventories | 3,509.1 | 3,129.0 |
Other current assets | 141.9 | 111.7 |
Total current assets | 4,664.2 | 4,075.4 |
Property and equipment, net | 2,496.5 | 2,442.2 |
Operating lease right-of-use assets | 2,416.1 | 2,451.4 |
Goodwill | 2,154.7 | 2,124.1 |
Other indefinite-lived intangible assets | 690.9 | 641.5 |
Equity method investments | 1,636.9 | 1,688.1 |
Other long-term assets | 55.3 | 41.9 |
Total assets | 14,114.6 | 13,464.6 |
LIABILITIES AND EQUITY | ||
Floor plan notes payable | 1,565.7 | 1,144.8 |
Floor plan notes payable — non-trade | 1,430.6 | 1,409.9 |
Accounts payable | 853.5 | 767.1 |
Accrued expenses and other current liabilities | 788.1 | 870.3 |
Current portion of long-term debt | 75.2 | 82.0 |
Liabilities held for sale | 0.0 | 0.5 |
Total current liabilities | 4,713.1 | 4,274.6 |
Long-term debt | 1,546.9 | 1,392.0 |
Long-term operating lease liabilities | 2,335.7 | 2,373.6 |
Deferred tax liabilities | 1,121.0 | 1,060.4 |
Other long-term liabilities | 223.1 | 269.0 |
Total liabilities | 9,939.8 | 9,369.6 |
Commitments and contingent liabilities (Note 11) | ||
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 | 42.2 |
Retained earnings | 4,483.3 | 4,196.6 |
Accumulated other comprehensive income (loss) | (335.3) | (168.8) |
Total Penske Automotive Group stockholders' equity | 4,148.0 | 4,070.0 |
Non-controlling interest | 26.8 | 25.0 |
Total equity | 4,174.8 | 4,095.0 |
Total liabilities and equity | 14,114.6 | 13,464.6 |
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 |