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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Penske Automotive Group's retained earnings for the quarter that ended in Jun. 2026 was $6,032 Mil.
Penske Automotive Group's quarterly retained earnings
increased
from Dec. 2025 ($5,750 Mil) to Mar. 2026 ($5,873 Mil) and
increased
from Mar. 2026 ($5,873 Mil) to Jun. 2026 ($6,032 Mil).
Penske Automotive Group's annual retained earnings
increased
from Dec. 2023 ($4,990 Mil) to Dec. 2024 ($5,756 Mil) but then
declined
from Dec. 2024 ($5,756 Mil) to Dec. 2025 ($5,750 Mil).
Penske Automotive Group (NYSE:PAG) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Penske Automotive Group Retained Earnings Historical Data
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The historical data trend for Penske Automotive Group's Retained Earnings 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.
Penske Automotive Group Retained Earnings Calculation
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
Penske Automotive Group (PAG) has a Retained Earnings of $6,032 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Penske Automotive Group and its competitors.
Is Penske Automotive Group's Retained Earnings too high?
Penske Automotive Group's current Retained Earnings is $6,032 Mil. Overall, Penske Automotive Group has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Penske Automotive Group's Retained Earnings compare to KMX and ALTB?
Penske Automotive Group's Retained Earnings of $6,032 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Vehicles & Parts company?
A good Retained Earnings depends on the Vehicles & Parts industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Penske Automotive Group and its competitors. Penske Automotive Group's current Retained Earnings is $6,032 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Penske Automotive Group stock overvalued right now?
Based on GuruFocus' analysis, Penske Automotive Group (PAG) is currently considered Modestly Overvalued. The stock's GF Value™ is $170.87, compared to a current price of $215.76 — trading 26.3% above its estimated fair value. The current Retained Earnings is $6,032 Mil. Penske Automotive Group's overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Penske Automotive Group (PAG), the current Retained Earnings is $6,032 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Penske Automotive Group (PAG) Overvalued in 2026?
Based on GuruFocus' analysis, Penske Automotive Group stock appears to be overvalued.
The current stock price of $215.76 is trading 26.3% above its estimated GF Value™ of $170.87.
GuruFocus considers Penske Automotive Group to be Modestly Overvalued.
Key valuation signals for PAG:
Retained Earnings: $6,032 Mil
GF Value™: $170.87 vs. price of $215.76 (26.3% above fair value)
No single metric tells the full story. See the PAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Penske Automotive Group operates in 19 US states and overseas. It has about 150 US and Puerto Rico light-vehicle stores as well as 217 franchised dealerships overseas, primarily in the United Kingdom but also in Australia, Germany, Italy, and Japan. The company is the third-largest US publicly traded dealership in terms of light-vehicle revenue and sells more than 40 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other segments are service and finance and insurance. The firm's Premier Truck Group owns 45 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 15 used-vehicle stores, mostly in the US and UK under the CarShop (US) and Sytner Select (UK) brands. Penske is based in Bloomfield Hills, Michigan.
85GF Score
Get the complete analysis for PAG
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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