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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenue:      
Total revenues $ 31,808.5 $ 31,864.8 $ 30,916.5
Cost of sales:      
Total cost of sales 26,591.5 26,647.7 25,769.1
Gross profit 5,217.0 5,217.1 5,147.4
Selling, general, and administrative expenses 3,764.0 3,685.7 3,553.7
Goodwill impairment charges 0.0 0.0 40.7
Depreciation 172.3 161.3 143.7
Operating income 1,280.7 1,370.1 1,409.3
Floor plan interest expense (170.6) (193.1) (135.3)
Other interest expense (91.6) (87.8) (92.6)
Gain on sale of dealership 52.3 0.0 0.0
Equity in earnings of affiliates 192.9 200.7 293.7
Income before income taxes 1,263.7 1,289.9 1,475.1
Income taxes (325.8) (316.5) (360.9)
Net income 937.9 973.4 1,114.2
Less: Income attributable to non-controlling interests 2.5 4.5 5.4
Net income attributable to Penske Automotive Group common stockholders $ 935.4 $ 968.9 $ 1,108.8
Basic earnings per share attributable to Penske Automotive Group common stockholders:      
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 14.13 $ 14.49 $ 16.31
Shares used in determining basic earnings per share (in shares) 66,199,042 66,882,731 67,963,956
Diluted earnings per share attributable to Penske Automotive Group common stockholders:      
Net income attributable to Penske Automotive Group common stockholders (in dollars per share) $ 14.13 $ 14.49 $ 16.31
Shares used in determining diluted earnings per share (in shares) 66,199,042 66,882,731 67,963,956
Amounts attributable to Penske Automotive Group common stockholders:      
Net income $ 937.9 $ 973.4 $ 1,114.2
Less: Income attributable to non-controlling interests 2.5 4.5 5.4
Net income attributable to Penske Automotive Group common stockholders $ 935.4 $ 968.9 $ 1,108.8
Cash dividends per share (in dollars per share) $ 5.18 $ 4.09 $ 2.78
Retail automotive dealership      
Revenue:      
Total revenues $ 27,474.6 $ 27,565.8 $ 26,598.2
Cost of sales:      
Total cost of sales 22,992.2 23,111.4 22,208.4
Depreciation 150.1 140.7 127.4
Floor plan interest expense (145.9) (164.2) (118.2)
Other interest expense (76.8) (82.1) (90.3)
Equity in earnings of affiliates 0.6 3.1 3.9
Income before income taxes 847.8 842.7 916.1
Retail commercial truck dealership      
Revenue:      
Total revenues 3,411.3 3,521.1 3,684.3
Cost of sales:      
Total cost of sales 2,869.0 2,936.6 3,091.9
Depreciation 16.2 15.1 11.6
Floor plan interest expense (16.9) (19.2) (14.5)
Other interest expense 0.0 0.0 (1.3)
Equity in earnings of affiliates 0.0 0.0 0.0
Income before income taxes 174.7 203.6 225.0
Commercial vehicle distribution and other      
Revenue:      
Total revenues 922.6 777.9 634.0
Cost of sales:      
Total cost of sales $ 730.3 $ 599.7 $ 468.8