Penske Automotive Group, Inc. (PAG) Stock Price & Analysis
Penske Automotive Group, Inc. (PAG) closed at USD 212.11 on Thursday, October 22, 2026, up 0.03% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 212.05; the Oct 22, 2026 session ranged USD 211.87–212.33 on volume of 667,473 shares. Market capitalization is $13.93B, with a 52-week range of USD 140.12–227 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 10:37 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PAG.md
Key facts (PAG)
- Last four reported quarters (through Jun 30, 2026): revenue $32.2B, net income $906M (2.8% margin), free cash flow $582M (SEC filings).
- Valuation: P/E 15.4x (avg 10.5x at the last 3 fiscal year-ends), EV/EBITDA 11.5x, net debt $2.43B.
- Insider open-market sales, last ~7 months: 2 Form 4 filings, $496K; 2 not under a Rule 10b5-1 plan ($496K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 1 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 2.67 on a 1–5 scale) (9 analysts), mean target USD 210.57 (range 210–212).
- Total return with dividends: 1Y +32.1% vs S&P 500 +14.9%; 5Y +114.2% vs S&P 500 +80.3%.
- Next earnings: 2026-10-28, EPS estimate USD 3.34, revenue estimate $8.14B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PAG)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $25.6B | $27.8B | $30.9B | $31.9B | $31.8B | $32.2B |
| Gross profit | $4.44B | $4.84B | $5.15B | $5.22B | $5.22B | — |
| Operating income | $1.36B | $1.49B | $1.41B | $1.37B | $1.28B | $1.24B |
| Net income | $1.19B | $1.38B | $1.11B | $969M | $935M | $906M |
| EPS (diluted) | $14.89 | $18.55 | $16.31 | $14.49 | $14.13 | — |
| Free cash flow | $1.04B | $1.18B | $759M | $853M | $651M | $582M |
| Gross margin | 17.4% | 17.4% | 16.6% | 16.4% | 16.4% | — |
| Operating margin | 5.3% | 5.3% | 4.6% | 4.3% | 4.0% | 3.9% |
| Net margin | 4.6% | 5.0% | 3.6% | 3.0% | 2.9% | 2.8% |
| Revenue growth | +25.0% | +8.8% | +11.2% | +3.1% | -0.2% | — |
| Cash + short-term investments | $101M | $107M | $96.4M | $83.6M | $64.7M | — |
| Total debt | $1.47B | $1.62B | $1.63B | $1.85B | $2.17B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PAG)
P/E 15.4x · P/S 0.4x · EV/EBITDA 11.5x · EV/Sales 0.5x · P/FCF 23.9x · P/B 2.4x · FCF yield 4.18% · Earnings yield 6.50% · Dividend yield (paid, TTM) 2.62% · Buyback yield (TTM) 0.53% · Net debt $2.43B · EV $16.4B
P/E at fiscal year-ends: Dec 2025 11.2x, Dec 2024 10.5x, Dec 2023 9.8x.
Insider sales (SEC Form 4, open-market, last ~7 months) (PAG)
0 of 2 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-06-02 | Hulgrave Michelle | EVP & CFO | 1,500 | $258K | 7.9% | No | Routine (sold in Jun each year 2023–2025) |
| 2026-05-18 | Smith Greg C | Director | 1,488 | $238K | 100% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (PAG)
Consensus Hold (mean 2.67 on a 1–5 scale), 9 analysts; mean target USD 210.57 (low 210, high 212).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-06 | JP Morgan | Target lowered | Neutral | $215 → $210 |
| 2026-10-06 | Barclays | Target lowered | Overweight | $225 → $210 |
| 2026-08-19 | Barclays | Target raised | Overweight | $220 → $225 |
| 2026-08-04 | JP Morgan | Target raised | Neutral | $170 → $215 |
| 2026-08-03 | Stephens & Co. | Target raised | Equal-Weight | $166 → $210 |
| 2026-07-24 | Morgan Stanley | Downgrade | Overweight → Equal-Weight | $190 → $210 |
| 2026-07-23 | Citigroup | Downgrade | Buy → Neutral | $199 → $210 |
| 2026-07-23 | Benchmark | Downgrade | Buy → Hold | |
| 2026-07-22 | Benchmark | Downgrade | Buy → Hold | |
| 2026-07-15 | Barclays | Target raised | Overweight | $190 → $220 |
| 2026-07-10 | UBS | Target raised | Neutral | $167 → $192 |
| 2026-07-09 | B of A Securities | Target raised | Buy | $200 → $238 |
Total return (dividends reinvested) (PAG)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +32.1% | +114.2% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +32.3% | +16.4% |
| Volatility (annualized) | 27.6% | 29.0% |
| Max drawdown | -20.0% (Feb 2026→Mar 2026) | -23.8% (Sep 2025→Mar 2026) |
PAG revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Retail automotive dealership | $7.30B | 85.8% | +6.0% |
| Retail commercial truck dealership | $927.8M | 10.9% | -1.7% |
| Commercial vehicle distribution and other | $283.9M | 3.3% | +41.1% |
| Other | $283.9M | 3.3% | +41.1% |
| Total revenue | $8.51B | 100% | — |
PAG revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| New vehicle | $3.38B | 39.7% | +5.9% |
| Used vehicle | $2.47B | 29.0% | +9.4% |
| Service and parts | $867.1M | 10.2% | +1.6% |
| New truck | $594.3M | 7.0% | -9.4% |
| Fleet and wholesale | $375.6M | 4.4% | -0.8% |
| Finance and insurance, net | $211.0M | 2.5% | +1.3% |
| Used truck | $86.6M | 1.0% | +64.3% |
| Other | $4.7M | 0.1% | +2.2% |
| Total revenue | $8.51B | 100% | — |
PAG revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| U.S. | $19.58B | 61.6% | +2.4% |
| U.K. | $8.33B | 26.2% | -10.6% |
| Non US & Non UK | $3.90B | 12.2% | +14.0% |
| Total revenue | $31.81B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
PAG suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Toyota Motor Credit | “As of December 31, 2025, we had five principal sources of short-term borrowings: our U.S. credit agreement (with $1.5 billion of total capacity), U.K. credit agreement, other local country credit agreements, the revolving mortgage facility through Toyota Motor Credit Corporation, and the floor plan agreements that we utilize to finance our vehicle inventories.” |
| Supplier | Honda (HMC) | “In the U.S., we believe new vehicle sales overall were positively impacted by continued strong consumer demand in spite of manufacturer price increases in 2025, while several brands experienced supply chain disruption, including Jaguar Land Rover due to a significant cybersecurity incident and Honda due to its inability to fully source chips due to a disruption in production from a trade dispute between a Dutch su…” |
| Customer | Automotive | “We have determined that the dealerships in each of our operating segments within the Retail Automotive reportable segment are components that were aggregated into two reporting units for the purpose of goodwill impairment testing as of October 1, 2025, as they (A) have similar economic characteristics (all are automotive dealerships having similar margins), (B) offer similar products and services (all sell new and…” |
| Customer | CDK Global | “Events such as the CDK Cybersecurity Incident and the failure of our information systems, the failure to protect the integrity of these systems, or the interruption of these systems as discussed herein or otherwise due to natural disasters, power loss, unexpected termination of our agreements, cyber-attacks or ransomware encryptions, could significantly and adversely disrupt our business operations, impact our sal…” |
| Partner | Mercedes-Benz Financial Services USA | “Our U.S. credit agreement with Mercedes-Benz Financial Services USA LLC, Toyota Motor Credit Corporation, and Daimler Truck Financial Services USA LLC (as amended, the "U.S. credit agreement") provides for up to $1.5 billion in revolving loans for working capital, acquisitions, capital expenditures, investments, and other general corporate purposes and provides up to an additional $75 million of letters of credit.” |
| Partner | Daimler Truck Financial Services USA | “Our U.S. credit agreement with Mercedes-Benz Financial Services USA LLC, Toyota Motor Credit Corporation, and Daimler Truck Financial Services USA LLC (as amended, the "U.S. credit agreement") provides for up to $1.5 billion in revolving loans for working capital, acquisitions, capital expenditures, investments, and other general corporate purposes and provides up to an additional $75 million of letters of credit.” |
| Related party | Penske Motor Group | “Included within other debt is our related party 4.50% senior subordinated promissory note of $155.8 million due November 2028 resulting from the PMG transaction, which requires monthly principal and interest payments (subject to the Company's right to prepay the Note in whole or in part at any time at its option without premium or penalty) and includes customary events of default.” |
| Competitor | Ford (F) | “In our retail commercial truck dealership operations, we compete with other manufacturers and retailers of medium- and heavy-duty trucks, such as Ford, International Kenworth, Mack, Peterbilt, and Volvo.” |
Quoted from the company's 10-K filed Feb 27, 2026.
PAG company outlook (results filed Jul 29, 2026)
- “The acquisition is expected to add $450 million in estimated annualized revenue.”
- “Coupled with the acquisitions in November 2025, the Company has acquired 2 two Toyota and four Lexus dealerships in the last nine months, which are expected to generate approximately $2 billion in estimated annualized revenue.”
Quoted word-for-word from the SEC 8-K results press release.
PAG analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.34 | $3.48 | -3.9% | $8.14B | 9 |
| Next quarter (ends Dec 2026) | $3.23 | $3.40 | -4.9% | $8.16B | 9 |
| Current fiscal year (ends Dec 2026) | $13.24 | $13.36 | -0.9% | $32.63B | 10 |
| Next fiscal year (ends Dec 2027) | $14.05 | $14.08 | -0.2% | $33.57B | 5 |
Key Statistics (as of October 23, 2026 at 10:37 UTC)
| Price | USD 212.11 |
|---|---|
| Change | ▲ 0.03% (up) |
| Previous Close | USD 212.05 |
| Open | USD 212.18 |
| Day Range | USD 211.87 – 212.33 |
| 52-Week Range | USD 140.12 – 227 |
| Volume | 667,473 shares |
| Market Cap | $13.93B |
| Exchange | NYQ |
Technical Analysis (PAG)
Nexqual's technical model rates PAG "BUY" based on 5 bullish and 1 bearish signals across 127 daily candles, as of October 23, 2026 at 10:37 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 56.65 (neutral) |
| vs SMA50 | Above (USD 211.18) |
| MACD | 0.36 (positive) |
Analyst Ratings (PAG)
Wall Street analysts rate PAG "Hold" based on 9 analysts, with a mean price target of USD 210.57 (range USD 210–212), per Nexqual as of October 23, 2026 at 10:37 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 9 |
| Mean Target | USD 210.57 |
| High Target | USD 212 |
| Low Target | USD 210 |
| Buy / Hold / Sell | 2 / 7 / 0 |
Earnings (PAG)
| Next Earnings Date | 2026-10-28 |
|---|---|
| EPS Estimate | USD 3.34 |
| Revenue Estimate | $8.14B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.62 vs est 3.39 ▲ beat |
| 2026-03-31 | USD 3.05 vs est 2.88 ▲ beat |
| 2025-12-31 | USD 2.85 vs est 3.09 ▼ miss |
| 2025-09-30 | USD 3.23 vs est 3.4 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:37 UTC.
Financials & Fundamentals (PAG)
| Total Revenue | $32.20B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +6.00% |
| Gross Margin | +16.15% |
| Operating Margin | +3.97% |
| Profit Margin | +2.81% |
| ROE | +15.84% |
| Debt / Equity | 1.61 |
| Current Ratio | 0.98 |
| Total Cash | $69.50M |
| Total Debt | $9.37B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $581.90M (1.8% of revenue) |
Source: Nexqual, October 23, 2026 at 10:37 UTC.
Financial Health Score (PAG)
Nexqual rates Penske Automotive Group, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:37 UTC.
| Growth | Mixed — Revenue +0.5% YoY (annual), slow |
|---|---|
| Profitability | Weak — Gross margin 16%, operating 4% (last 12 months) |
| Balance Sheet | Critical — $70M cash and investments vs $2.50B debt (Jun 2026, SEC) |
| Cash Flow | Mixed — FCF $582M (last 4 quarters to Jun 2026, SEC), slim 1.8% margin |
| Efficiency | Solid — ROE 16%, ROA 4.2% |
Ownership (PAG)
| Insider Ownership | +21.18% |
|---|---|
| Institutional Ownership | +80.61% |
| Shares Outstanding | 65.66M |
| Float | 17.51M |
| Short % of Float | +14.23% |
Source: Nexqual, October 23, 2026 at 10:37 UTC.
Leadership (PAG)
Penske Automotive Group, Inc. is led by Roger S. Penske, Chairman & CEO, per Nexqual as of October 23, 2026 at 10:37 UTC.
| Chairman & CEO | Roger S. Penske |
|---|---|
| President & Director | Robert H. Kurnick |
| Executive VP & CFO | Michelle Hulgrave |
| Executive Vice President of Human Resources | Claude H. Denker |
| Executive VP of Strategic Relationship Management & Director | Yosuke Kawakami |
Major Backers & Investors (PAG)
Notable institutional backers of Penske Automotive Group, Inc. include Victory Capital Management Inc., Victory Portfolios-Victory Sycamore Established Value Fund, Bank of Montreal /CAN/, according to Nexqual as of October 23, 2026 at 10:37 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Victory Capital Management Inc. | 2.5% |
| Victory Portfolios-Victory Sycamore Established Value Fund | 1.82% |
| Bank of Montreal /CAN/ | 1.26% |
| LSV Asset Management | 1.03% |
| Charles Schwab Investment Management, Inc. | 0.96% |
| Morgan Stanley | 0.89% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 3.55% |
| Dimensional Fund Advisors | 2.51% |
| Vanguard Group | 2.37% |
| State Street | 0.95% |
Source: Nexqual, October 23, 2026 at 10:37 UTC.
From Penske Automotive Group, Inc.'s Latest SEC 10-K Filing (filed 2026-02-27)
Key Strengths & Strategy (as disclosed to the SEC)
- We are one of the largest global automotive retailers as measured by the $27.5 billion in total retail automotive dealership revenue we generated in 2025.
- In 2025, our business generated $31.8 billion in total revenue, which is comprised of approximately $27.5 billion from retail automotive dealerships, $3.4 billion from retail commercial truck dealerships, and $922.6 million from commercial vehicle distribution and other operations.
- During 2025, in aggregate, we acquired or opened dealerships representing approximately $1.6 billion in expected annualized revenue, of which $1.5 billion is related to our acquisition of PMG, and disposed of dealerships representing approximately $408.5 million of expected annualized revenue.
- Unit sales of automobiles in the European Union were approximately 10.8 million in 2025, a 1.8% increase compared to 2024.
Partnerships
- The agreement with Western Star expires in 2031, the agreement with MTU expires in 2029, the agreement with Detroit Diesel expires in 2031, and the agreement with Dennis Eagle expires in 2030.
- For each of our non-company-owned dealers, we have signed a franchise agreement with terms that set forth the dealer's obligations with respect to the sales and servicing of commercial vehicles and associated parts.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| KMX | CarMax Inc | USD 52.96 | ▲ 2.85% |
| RUSHB | Rush Enterprises, Inc. | USD 57.89 | ▼ 1.14% |
| LAD | Lithia Motors, Inc. | USD 291.07 | ▲ 8.15% |
| AN | AutoNation, Inc. | USD 161.84 | ▲ 5.77% |
| OPLN | OPENLANE, Inc. | USD 38.05 | ▲ 1.63% |
| VVV | Valvoline Inc. | USD 32.44 | ▲ 4.24% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:37 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt