Penske Automotive Group annual debt-to-assets ratio
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2025
Penske Automotive Group Debt-to-Assets Ratio Growth & History (PAG)
Penske Automotive Group's debt-to-assets ratio was 0.27 for fiscal 2025.
View full Penske Automotive Group company overviewPenske Automotive Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.27 | 0.02 | +6.05% |
| 2024 | 2024-12-31 | 0.25 | −0.01 | −2.03% |
| 2023 | 2023-12-31 | 0.26 | −0.03 | −9.93% |
| 2022 | 2022-12-31 | 0.29 | −0.01 | −2.06% |
| 2021 | 2021-12-31 | 0.29 | −0.02 | −6.05% |
| 2020 | 2020-12-31 | 0.31 | −0.03 | −8.45% |
| 2019 | 2019-12-31 | 0.34 | 0.14 | +67.68% |
| 2018 | 2018-12-31 | 0.20 | −0.00 | −0.95% |
| 2017 | 2017-12-31 | 0.21 | −0.01 | −3.43% |
| 2016 | 2016-12-31 | 0.21 | 0.05 | +33.56% |
| 2015 | 2015-12-31 | 0.16 | −0.03 | −15.01% |
| 2014 | 2014-12-31 | 0.19 | 0.03 | +20.55% |
| 2013 | 2013-12-31 | 0.16 | −0.02 | −10.81% |
| 2012 | 2012-12-31 | 0.17 | −0.01 | −7.85% |
| 2011 | 2011-12-31 | 0.19 | −0.00 | −1.39% |
| 2010 | 2010-12-31 | 0.19 | −0.06 | −23.14% |
| 2009 | 2009-12-31 | 0.25 | — | — |
Penske Automotive Group quarterly debt-to-assets ratio
Q4.09
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
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Q3.13
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Q3.14
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Q4.15
Q1.16
Q2.16
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Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
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Q2.20
Q3.20
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Q2.21
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Q4.21
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Q4.22
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Q2.24
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Q2.25
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Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.27 | 0.02 | +9.87% |
| Q1 2026 | 2026-03-31 | 0.28 | 0.03 | +13.22% |
| Q4 2025 | 2025-12-31 | 0.27 | 0.02 | +6.05% |
| Q3 2025 | 2025-09-30 | 0.24 | −0.02 | −8.02% |
| Q2 2025 | 2025-06-30 | 0.25 | −0.01 | −3.57% |
| Q1 2025 | 2025-03-31 | 0.25 | −0.01 | −3.25% |
| Q4 2024 | 2024-12-31 | 0.25 | −0.01 | −2.03% |
| Q3 2024 | 2024-09-30 | 0.26 | −0.02 | −6.80% |
| Q2 2024 | 2024-06-30 | 0.26 | −0.02 | −8.79% |
| Q1 2024 | 2024-03-31 | 0.26 | −0.03 | −9.13% |
| Q4 2023 | 2023-12-31 | 0.26 | −0.03 | −9.93% |
| Q3 2023 | 2023-09-30 | 0.28 | −0.02 | −6.94% |
| Q2 2023 | 2023-06-30 | 0.28 | −0.01 | −3.94% |
| Q1 2023 | 2023-03-31 | 0.28 | −0.01 | −2.06% |
| Q4 2022 | 2022-12-31 | 0.29 | −0.01 | −2.06% |
| Q3 2022 | 2022-09-30 | 0.30 | −0.01 | −1.98% |
| Q2 2022 | 2022-06-30 | 0.29 | −0.01 | −2.67% |
| Q1 2022 | 2022-03-31 | 0.29 | −0.01 | −4.64% |
| Q4 2021 | 2021-12-31 | 0.29 | −0.02 | −6.05% |
| Q3 2021 | 2021-09-30 | 0.30 | −0.06 | −16.19% |
| Q2 2021 | 2021-06-30 | 0.30 | −0.05 | −13.78% |
| Q1 2021 | 2021-03-31 | 0.30 | −0.05 | −14.88% |
| Q4 2020 | 2020-12-31 | 0.31 | −0.03 | −8.45% |
| Q3 2020 | 2020-09-30 | 0.36 | 0.01 | +3.21% |
| Q2 2020 | 2020-06-30 | 0.35 | 0.00 | +0.04% |
| Q1 2020 | 2020-03-31 | 0.36 | 0.01 | +3.77% |
| Q4 2019 | 2019-12-31 | 0.34 | 0.14 | +67.68% |
| Q3 2019 | 2019-09-30 | 0.35 | 0.15 | +77.05% |
| Q2 2019 | 2019-06-30 | 0.35 | 0.14 | +70.72% |
| Q1 2019 | 2019-03-31 | 0.34 | 0.14 | +68.29% |
| Q4 2018 | 2018-12-31 | 0.20 | −0.00 | −0.95% |
| Q3 2018 | 2018-09-30 | 0.20 | −0.02 | −8.96% |
| Q2 2018 | 2018-06-30 | 0.20 | −0.01 | −2.41% |
| Q1 2018 | 2018-03-31 | 0.20 | −0.01 | −5.53% |
| Q4 2017 | 2017-12-31 | 0.21 | −0.01 | −3.43% |
| Q3 2017 | 2017-09-30 | 0.22 | −0.00 | −0.77% |
| Q2 2017 | 2017-06-30 | 0.21 | 0.00 | +1.43% |
| Q1 2017 | 2017-03-31 | 0.22 | 0.05 | +28.00% |
| Q4 2016 | 2016-12-31 | 0.21 | 0.05 | +33.56% |
| Q3 2016 | 2016-09-30 | 0.22 | 0.06 | +42.09% |
| Q2 2016 | 2016-06-30 | 0.21 | 0.05 | +31.58% |
| Q1 2016 | 2016-03-31 | 0.17 | 0.00 | +1.31% |
| Q4 2015 | 2015-12-31 | 0.16 | −0.03 | −15.01% |
| Q3 2015 | 2015-09-30 | 0.15 | −0.03 | −16.36% |
| Q2 2015 | 2015-06-30 | 0.16 | −0.01 | −3.17% |
| Q1 2015 | 2015-03-31 | 0.17 | 0.00 | +2.82% |
| Q4 2014 | 2014-12-31 | 0.19 | 0.03 | +20.55% |
| Q3 2014 | 2014-09-30 | 0.18 | 0.01 | +4.57% |
| Q2 2014 | 2014-06-30 | 0.16 | −0.00 | −2.85% |
| Q1 2014 | 2014-03-31 | 0.16 | −0.00 | −1.24% |
| Q4 2013 | 2013-12-31 | 0.16 | −0.02 | −10.81% |
| Q3 2013 | 2013-09-30 | 0.18 | 0.01 | +6.74% |
| Q2 2013 | 2013-06-30 | 0.17 | 0.00 | +0.78% |
| Q1 2013 | 2013-03-31 | 0.16 | −0.01 | −7.62% |
| Q4 2012 | 2012-12-31 | 0.17 | −0.01 | −7.85% |
| Q3 2012 | 2012-09-30 | 0.17 | −0.03 | −16.58% |
| Q2 2012 | 2012-06-30 | 0.16 | −0.01 | −5.99% |
| Q1 2012 | 2012-03-31 | 0.18 | −0.01 | −5.51% |
| Q4 2011 | 2011-12-31 | 0.19 | −0.00 | −1.39% |
| Q3 2011 | 2011-09-30 | 0.20 | −0.02 | −7.64% |
| Q2 2011 | 2011-06-30 | 0.18 | −0.05 | −21.79% |
| Q1 2011 | 2011-03-31 | 0.19 | — | — |
| Q4 2010 | 2010-12-31 | 0.19 | −0.06 | −23.14% |
| Q3 2010 | 2010-09-30 | 0.21 | — | — |
| Q2 2010 | 2010-06-30 | 0.22 | — | — |
| Q4 2009 | 2009-12-31 | 0.25 | — | — |
Penske Automotive Group debt-to-assets ratio trends
Over the last five fiscal years, Penske Automotive Group's debt-to-assets ratio decreased from 0.31 to 0.27, a change of −0.04. The latest reported quarter, Q2 2026, shows 0.27.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Penske Automotive Group source filings ↗