v3.26.1
CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenue:    
Total revenues $ 7,863.6 $ 7,953.8
Cost of sales:    
Total cost of sales 6,564.2 6,632.4
Gross profit 1,299.4 1,321.4
Selling, general, and administrative expenses 965.6 951.4
Depreciation 44.8 40.6
Operating income 289.0 329.4
Floor plan interest expense (38.1) (42.0)
Other interest expense (28.4) (22.5)
Gain on sale of dealership 60.4 52.3
Equity in earnings of affiliates 40.8 33.3
Income before income taxes 323.7 350.5
Income taxes (88.8) (92.1)
Net income 234.9 258.4
Less: Income attributable to non-controlling interests 0.4 0.7
Net income attributable to Penske Automotive Group common stockholders $ 234.5 $ 257.7
Basic earnings per share attributable to Penske Automotive Group common stockholders:    
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.56 $ 3.86
Shares used in determining basic earnings per share (in shares) 65,779,859 66,772,412
Diluted earnings per share attributable to Penske Automotive Group common stockholders:    
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.56 $ 3.86
Shares used in determining diluted earnings per share (in shares) 65,792,488 66,789,776
Amounts attributable to Penske Automotive Group common stockholders:    
Net income $ 234.9 $ 258.4
Less: Income attributable to non-controlling interests 0.4 0.7
Net income attributable to Penske Automotive Group common stockholders $ 234.5 $ 257.7
Cash dividends per share (in dollars per share) $ 1.40 $ 1.22
Retail automotive dealership    
Revenue:    
Total revenues $ 6,967.1 $ 6,918.6
Cost of sales:    
Total cost of sales 5,842.1 5,782.4
Depreciation 38.8 35.3
Floor plan interest expense (34.5) (36.0)
Other interest expense (26.5) (18.0)
Equity in earnings of affiliates 0.0 0.3
Income before income taxes 238.9 265.6
Retail commercial truck dealership    
Revenue:    
Total revenues 694.6 823.7
Cost of sales:    
Total cost of sales 566.4 682.7
Depreciation 4.4 3.9
Floor plan interest expense (2.3) (3.7)
Other interest expense 0.0 0.0
Equity in earnings of affiliates 0.0 0.0
Income before income taxes 36.4 45.1
Commercial vehicle distribution and other    
Revenue:    
Total revenues 201.9 211.5
Cost of sales:    
Total cost of sales $ 155.7 $ 167.3