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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, 2023     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)     170,231        
Equity compensation 15.3 15.3   15.3      
Repurchases of common stock (in shares)     (510,597)        
Repurchases of common stock (76.6) (76.6)   (15.3) (61.3)    
Dividends (123.0) (123.0)     (123.0)    
Distributions to non-controlling interest (0.5)           (0.5)
Foreign currency translation (34.2) (34.3)       (34.3) 0.1
Other (9.4) (9.4)     (8.1) (1.3)  
Net income 459.1 456.4     456.4   2.7
Ending balance (in shares) at Jun. 30, 2024     66,770,815        
Ending balance at Jun. 30, 2024 4,986.3 4,954.6 $ 0.0 0.0 5,254.3 (299.7) 31.7
Beginning balance (in shares) at Mar. 31, 2024     67,049,359        
Beginning balance at Mar. 31, 2024 4,846.1 4,815.8 $ 0.0 0.0 5,113.1 (297.3) 30.3
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     10,724        
Equity compensation 7.7 7.7   7.7      
Repurchases of common stock (in shares)     (289,268)        
Repurchases of common stock (43.3) (43.3)   (7.7) (35.6)    
Dividends (64.4) (64.4)     (64.4)    
Distributions to non-controlling interest (0.2)           (0.2)
Foreign currency translation 2.4 2.5       2.5 (0.1)
Other (4.9) (4.9)       (4.9)  
Net income 242.9 241.2     241.2   1.7
Ending balance (in shares) at Jun. 30, 2024     66,770,815        
Ending balance at Jun. 30, 2024 $ 4,986.3 4,954.6 $ 0.0 0.0 5,254.3 (299.7) 31.7
Beginning balance (in shares) at Dec. 31, 2024 66,774,651   66,774,651        
Beginning balance at Dec. 31, 2024 $ 5,227.3 5,209.8 $ 0.0 9.1 5,565.2 (364.5) 17.5
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     154,727        
Equity compensation 16.9 16.9   16.9      
Repurchases of common stock (in shares)     (885,272)        
Repurchases of common stock (134.0) (134.0)   (26.0) (108.0)    
Dividends (165.4) (165.4)     (165.4)    
Distributions to non-controlling interest (2.0)           (2.0)
Foreign currency translation 188.4 187.8       187.8 0.6
Other 4.3 4.3       4.3  
Net income $ 495.9 494.3     494.3   1.6
Ending balance (in shares) at Jun. 30, 2025 66,044,106   66,044,106        
Ending balance at Jun. 30, 2025 $ 5,631.4 5,613.7 $ 0.0 0.0 5,786.1 (172.4) 17.7
Beginning balance (in shares) at Mar. 31, 2025     66,664,013        
Beginning balance at Mar. 31, 2025 5,412.7 5,394.7 $ 0.0 0.0 5,704.3 (309.6) 18.0
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     10,137        
Equity compensation 8.9 8.9   8.9      
Repurchases of common stock (in shares)     (630,044)        
Repurchases of common stock (93.5) (93.5)   (8.9) (84.6)    
Dividends (83.6) (83.6)     (83.6)    
Distributions to non-controlling interest (1.7)           (1.7)
Foreign currency translation 133.1 132.6       132.6 0.5
Other 4.6 4.6       4.6  
Net income $ 250.9 250.0     250.0   0.9
Ending balance (in shares) at Jun. 30, 2025 66,044,106   66,044,106        
Ending balance at Jun. 30, 2025 $ 5,631.4 $ 5,613.7 $ 0.0 $ 0.0 $ 5,786.1 $ (172.4) $ 17.7