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CONSOLIDATED CONDENSED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total Penske Automotive Group Stockholders' Equity
Voting and Non-voting Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2022     69,681,891        
Beginning balance at Dec. 31, 2022 $ 4,174.8 $ 4,148.0 $ 0.0 $ 0.0 $ 4,483.3 $ (335.3) $ 26.8
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     208,994        
Equity compensation 7.8 7.8   7.8      
Repurchase of common stock (in shares)     (890,327)        
Repurchases of common stock (111.3) (111.3)   (7.8) (103.5)    
Dividends (42.3) (42.3)     (42.3)    
Distributions to non-controlling interest (0.3)           (0.3)
Foreign currency translation 18.3 18.0       18.0 0.3
Other 4.8 4.8       4.8  
Net income 299.6 298.3     298.3   1.3
Ending balance (in shares) at Mar. 31, 2023     69,000,558        
Ending balance at Mar. 31, 2023 $ 4,351.4 4,323.3 $ 0.0 0.0 4,635.8 (312.5) 28.1
Beginning balance (in shares) at Dec. 31, 2023 67,111,181   67,111,181        
Beginning balance at Dec. 31, 2023 $ 4,755.6 4,726.2 $ 0.0 0.0 4,990.3 (264.1) 29.4
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     159,507        
Equity compensation 7.5 7.5   7.5      
Repurchase of common stock (in shares)     (221,329)        
Repurchases of common stock (33.2) (33.2)   (7.5) (25.7)    
Dividends (58.6) (58.6)     (58.6)    
Distributions to non-controlling interest (0.3)           (0.3)
Foreign currency translation (36.6) (36.8)       (36.8) 0.2
Other (4.5) (4.5)     (8.1) 3.6  
Net income $ 216.2 215.2     215.2   1.0
Ending balance (in shares) at Mar. 31, 2024 67,049,359   67,049,359        
Ending balance at Mar. 31, 2024 $ 4,846.1 $ 4,815.8 $ 0.0 $ 0.0 $ 5,113.1 $ (297.3) $ 30.3