Company

Penske Automotive Group, Inc.

Headquarters: Bloomfield Hills, MI, United States

Founded: 1990

Employees: 25,000

CEO: Mr. Roger S. Penske Sr.

NYSE: PAG +1.38%

Market Cap

$10.30 Billion

USD as of Jan. 1, 2024

Market Cap History

Penske Automotive Group, Inc. market capitalization over time

Evolution of Penske Automotive Group, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Penske Automotive Group, Inc.

Detailed Description

Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships. The company operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments. It operates dealerships under franchise agreements with various automotive manufacturers and distributors. The company engages in the sale of new and used motor vehicles, and related products and services comprise vehicle and collision repair services, as well as placement of finance and lease contracts, third-party insurance products, and other aftermarket products; and wholesale of parts. It also operates a heavy and medium duty truck dealership, which offers Freightliner and Western Star branded trucks, as well as a range of used trucks, and maintenance and repair services. In addition, it imports and distributes Western Star heavy-duty trucks, MAN heavy and medium duty trucks, buses, and Dennis Eagle refuse collection vehicles with associated parts in Australia, New Zealand, and portions of the Pacific. Further, the company distributes diesel and gas engines, and power systems. The company operates 320 retail automotive franchises, including 146 franchises located in the United States and 174 franchises located outside of the United States; 23 CarShop used vehicle dealerships in the United States and the United Kingdom; and 37 commercial truck dealerships in Texas, Oklahoma, Tennessee, Georgia, Utah, Idaho, Kansas, Missouri, and Oregon, as well as Canada. Penske Automotive Group, Inc. was incorporated in 1990 and is headquartered in Bloomfield Hills, Michigan.

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Stocks & Indices

Penske Automotive Group, Inc. has the following listings and related stock indices.


Stock: NYSE: PAG wb_incandescent

Stock: FSX: UA9 wb_incandescent

Product & Services

Transportation Services, Financial services, Repair

Key People

Founder(s): Roger Penske

Roger Penske (Chairman of the Board) & (CEO) J. D. Carlson (CFO)

Financials

Revenue: US$ 22.8 billion (2019)

Operating income: $ 664.9 million (2019)

Net income: $ 470.3 million (2019)


Total assets: $ 10.904 billion (2019)

Total equity: $ 2.634 billion (2019)

Details

Headquarters:

2555 Telegraph Road

Bloomfield Hills, MI 48302-0954

United States

Phone: 248 648 2500

Fax: 248 648 2525