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CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Total Penske Automotive Group Stockholders' Equity
Total Penske Automotive Group Stockholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Voting and Non-voting Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Loss
Non-controlling Interest
Beginning balance (in shares) at Dec. 31, 2021         77,574,172          
Beginning balance at Dec. 31, 2021 $ 4,095.0 $ (121.6) $ 4,070.0 $ (121.6) $ 0.0 $ 42.2 $ 4,196.6 $ (121.6) $ (168.8) $ 25.0
Increase (decrease) in stockholders' equity                    
Equity compensation (in shares)         321,866          
Equity compensation 26.7   26.7     26.7        
Repurchases of common stock (in shares)         (8,214,147)          
Repurchases of common stock (886.5)   (886.5)     (68.9) (817.6)      
Dividends (154.1)   (154.1)       (154.1)      
Distributions to non-controlling interest (3.5)                 (3.5)
Foreign currency translation (154.6)   (153.7)           (153.7) (0.9)
Other (12.8)   (12.8)           (12.8)  
Net income 1,386.2   1,380.0       1,380.0     6.2
Ending balance (in shares) at Dec. 31, 2022         69,681,891          
Ending 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)         237,906          
Equity compensation 28.1   28.1     28.1        
Repurchases of common stock (in shares)         (2,808,616)          
Repurchases of common stock (385.2)   (385.2)     (28.1) (357.1)      
Dividends (189.1)   (189.1)       (189.1)      
Distributions to non-controlling interest (3.4)                 (3.4)
Foreign currency translation 66.1   65.5           65.5 0.6
Other 5.7   5.7           5.7  
Net income $ 1,058.6   1,053.2       1,053.2     5.4
Ending balance (in shares) at Dec. 31, 2023 67,111,181       67,111,181          
Ending 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)         180,715          
Equity compensation 29.4   29.4     29.4        
Repurchases of common stock (in shares)         (517,245)          
Repurchases of common stock (78.0)   (78.0)     (16.7) (61.3)      
Dividends (274.4)   (274.4)       (274.4)      
Purchase of subsidiary shares from non-controlling interest (16.7)   (3.6)     (3.6)       (13.1)
Distributions to non-controlling interest (2.8)                 (2.8)
Foreign currency translation (91.9)   (91.4)           (91.4) (0.5)
Other (17.3)   (17.3)       (8.3)   (9.0)  
Net income $ 923.4   918.9       918.9     4.5
Ending balance (in shares) at Dec. 31, 2024 66,774,651       66,774,651          
Ending balance at Dec. 31, 2024 $ 5,227.3   $ 5,209.8   $ 0.0 $ 9.1 $ 5,565.2   $ (364.5) $ 17.5