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CONSOLIDATED CONDENSED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenue:        
Total revenues $ 7,695.3 $ 7,590.8 $ 22,962.1 $ 22,735.3
Cost of sales:        
Total cost of sales 6,446.2 6,347.6 19,147.4 18,982.8
Gross profit 1,249.1 1,243.2 3,814.7 3,752.5
Selling, general, and administrative expenses 907.5 885.2 2,727.4 2,652.5
Depreciation 42.9 40.6 124.9 117.0
Operating income 298.7 317.4 962.4 983.0
Floor plan interest expense (42.9) (50.8) (127.7) (142.2)
Other interest expense (22.0) (22.9) (66.1) (64.1)
Gain on sale of dealership 0.0 0.0 52.3 0.0
Equity in earnings of affiliates 58.4 60.7 145.3 148.0
Income before income taxes 292.2 304.4 966.2 924.7
Income taxes (78.7) (77.4) (256.8) (238.6)
Net income 213.5 227.0 709.4 686.1
Less: Income attributable to non-controlling interests 0.5 0.9 2.1 3.6
Net income attributable to Penske Automotive Group common stockholders $ 213.0 $ 226.1 $ 707.3 $ 682.5
Basic earnings per share attributable to Penske Automotive Group common stockholders:        
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.23 $ 3.39 $ 10.67 $ 10.20
Shares used in determining basic earnings per share (in shares) 66,015,808 66,769,195 66,316,673 66,902,644
Diluted earnings per share attributable to Penske Automotive Group common stockholders:        
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 3.23 $ 3.39 $ 10.66 $ 10.20
Shares used in determining diluted earnings per share (in shares) 66,030,183 66,784,587 66,331,048 66,918,036
Amounts attributable to Penske Automotive Group common stockholders:        
Net income $ 213.5 $ 227.0 $ 709.4 $ 686.1
Less: Income attributable to non-controlling interests 0.5 0.9 2.1 3.6
Net income attributable to Penske Automotive Group common stockholders $ 213.0 $ 226.1 $ 707.3 $ 682.5
Cash dividends per share (in dollars per share) $ 1.32 $ 1.07 $ 3.80 $ 2.90
Retail automotive dealership        
Revenue:        
Total revenues $ 6,570.1 $ 6,340.7 $ 19,656.9 $ 19,434.1
Cost of sales:        
Total cost of sales 5,503.8 5,299.2 16,398.0 16,260.4
Depreciation 37.2 35.3 108.2 101.7
Floor plan interest expense (36.1) (41.8) (107.8) (120.0)
Other interest expense (18.8) (21.8) (54.3) (61.8)
Equity in earnings of affiliates 0.0 0.5 0.5 2.7
Income before income taxes 180.8 177.7 655.2 586.5
Retail commercial truck dealership        
Revenue:        
Total revenues 918.6 1,063.3 2,685.9 2,747.4
Cost of sales:        
Total cost of sales 782.3 906.2 2,265.0 2,301.0
Depreciation 4.1 3.9 12.2 11.2
Floor plan interest expense (5.0) (6.3) (13.6) (15.0)
Other interest expense 0.0 0.0 0.0 0.0
Equity in earnings of affiliates 0.0 0.0 0.0 0.0
Income before income taxes 41.5 56.5 140.8 158.7
Commercial vehicle distribution and other        
Revenue:        
Total revenues 206.6 186.8 619.3 553.8
Cost of sales:        
Total cost of sales $ 160.1 $ 142.2 $ 484.4 $ 421.4