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Penske Automotive Group (Penske Automotive Group) Net Margin %

: 2.62% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. Penske Automotive Group's Net Income for the three months ended in Dec. 2023 was $191 Mil. Penske Automotive Group's Revenue for the three months ended in Dec. 2023 was $7,272 Mil. Therefore, Penske Automotive Group's net margin for the quarter that ended in Dec. 2023 was 2.62%.

The historical rank and industry rank for Penske Automotive Group's Net Margin % or its related term are showing as below:

PAG' s Net Margin % Range Over the Past 10 Years
Min: 1.66   Med: 2.37   Max: 4.96
Current: 3.57


PAG's Net Margin % is ranked better than
51.59% of 1287 companies
in the Vehicles & Parts industry
Industry Median: 3.38 vs PAG: 3.57

Penske Automotive Group Net Margin % Historical Data

The historical data trend for Penske Automotive Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Penske Automotive Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 2.66 4.65 4.96 3.57

Penske Automotive Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.25 4.06 4.03 3.54 2.62

Competitive Comparison

For the Auto & Truck Dealerships subindustry, Penske Automotive Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Penske Automotive Group Net Margin % Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Penske Automotive Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Penske Automotive Group's Net Margin % falls into.



Penske Automotive Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Penske Automotive Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1053.2/29527.4
=3.57 %

Penske Automotive Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=190.7/7272.1
=2.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Penske Automotive Group  (NYSE:PAG) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Penske Automotive Group Net Margin % Related Terms

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Penske Automotive Group (Penske Automotive Group) Business Description

Traded in Other Exchanges
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.
Executives
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kurnick Robert H Jr director, officer: President 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
John Barr director 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
Michelle Hulgrave officer: EVP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Shane M. Spradlin officer: EVP, Gen. Counsel & Sec. 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Denker Claude H Iii officer: EVP - Human Resources 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Roger S Penske director, 10 percent owner, officer: Chair & CEO 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
H Brian Thompson director 1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182
Ronald G Steinhart director 3890 WEST NORTHWEST HIGHWAY SUITE 400, DALLAS TX 75220
Michael R Eisenson director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731
Wolfgang Duerheimer director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302