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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)     167,510        
Equity compensation 22.4 22.4   22.4      
Repurchases of common stock (in shares)     (511,073)        
Repurchases of common stock (76.7) (76.7)   (15.4) (61.3)    
Dividends (194.7) (194.7)     (194.7)    
Distributions to non-controlling interest (2.6)           (2.6)
Foreign currency translation 61.1 60.8       60.8 0.3
Other (17.2) (17.2)     (8.1) (9.1)  
Net income 686.1 682.5     682.5   3.6
Ending balance (in shares) at Sep. 30, 2024     66,767,618        
Ending balance at Sep. 30, 2024 5,234.0 5,203.3 $ 0.0 7.0 5,408.7 (212.4) 30.7
Beginning balance (in shares) at Jun. 30, 2024     66,770,815        
Beginning balance at Jun. 30, 2024 4,986.3 4,954.6 $ 0.0 0.0 5,254.3 (299.7) 31.7
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     (2,721)        
Equity compensation 7.1 7.1   7.1      
Repurchases of common stock (in shares)     (476)        
Repurchases of common stock (0.1) (0.1)   (0.1)      
Dividends (71.7) (71.7)     (71.7)    
Distributions to non-controlling interest (2.1)           (2.1)
Foreign currency translation 95.3 95.1       95.1 0.2
Other (7.8) (7.8)       (7.8)  
Net income 227.0 226.1     226.1   0.9
Ending balance (in shares) at Sep. 30, 2024     66,767,618        
Ending balance at Sep. 30, 2024 $ 5,234.0 5,203.3 $ 0.0 7.0 5,408.7 (212.4) 30.7
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)     154,835        
Equity compensation 24.3 24.3   24.3      
Repurchases of common stock (in shares)     (934,122)        
Repurchases of common stock (142.3) (142.3)   (33.4) (108.9)    
Dividends (252.7) (252.7)     (252.7)    
Distributions to non-controlling interest (2.2)           (2.2)
Foreign currency translation 158.8 158.2       158.2 0.6
Other 2.7 2.7       2.7  
Net income $ 709.4 707.3     707.3   2.1
Ending balance (in shares) at Sep. 30, 2025 65,995,364   65,995,364        
Ending balance at Sep. 30, 2025 $ 5,725.3 5,707.3 $ 0.0 0.0 5,910.9 (203.6) 18.0
Beginning balance (in shares) at Jun. 30, 2025     66,044,106        
Beginning balance at Jun. 30, 2025 5,631.4 5,613.7 $ 0.0 0.0 5,786.1 (172.4) 17.7
Increase (decrease) in stockholders' equity              
Equity compensation (in shares)     108        
Equity compensation 7.4 7.4   7.4      
Repurchases of common stock (in shares)     (48,850)        
Repurchases of common stock (8.3) (8.3)   (7.4) (0.9)    
Dividends (87.3) (87.3)     (87.3)    
Distributions to non-controlling interest (0.2)           (0.2)
Foreign currency translation (29.6) (29.6)       (29.6)  
Other (1.6) (1.6)       (1.6)  
Net income $ 213.5 213.0     213.0   0.5
Ending balance (in shares) at Sep. 30, 2025 65,995,364   65,995,364        
Ending balance at Sep. 30, 2025 $ 5,725.3 $ 5,707.3 $ 0.0 $ 0.0 $ 5,910.9 $ (203.6) $ 18.0