Penske Automotive Group annual gross margin
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2025
Penske Automotive Group Gross Margin Growth & History (PAG)
Penske Automotive Group's gross margin was 16.40% for fiscal 2025.
View full Penske Automotive Group company overviewPenske Automotive Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 16.40% | +0.03 pp |
| 2024 | 2024-12-31 | 16.37% | −0.28 pp |
| 2023 | 2023-12-31 | 16.65% | −0.75 pp |
| 2022 | 2022-12-31 | 17.40% | +0.02 pp |
| 2021 | 2021-12-31 | 17.38% | +1.80 pp |
| 2020 | 2020-12-31 | 15.58% | +0.67 pp |
| 2019 | 2019-12-31 | 14.91% | −0.08 pp |
| 2018 | 2018-12-31 | 14.99% | −0.08 pp |
| 2017 | 2017-12-31 | 15.07% | +0.32 pp |
| 2016 | 2016-12-31 | 14.75% | −0.12 pp |
| 2015 | 2015-12-31 | 14.87% | −0.10 pp |
| 2014 | 2014-12-31 | 14.97% | −0.23 pp |
| 2013 | 2013-12-31 | 15.20% | −0.11 pp |
| 2012 | 2012-12-31 | 15.31% | −0.56 pp |
| 2011 | 2011-12-31 | 15.87% | −0.07 pp |
| 2010 | 2010-12-31 | 15.94% | −0.78 pp |
| 2009 | 2009-12-31 | 16.72% | +1.34 pp |
| 2008 | 2008-12-31 | 15.38% | — |
Penske Automotive Group quarterly gross margin
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| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 15.94% | −0.89 pp |
| Q1 2026 | 2026-03-31 | 16.52% | −0.09 pp |
| Q4 2025 | 2025-12-31 | 15.93% | −0.12 pp |
| Q3 2025 | 2025-09-30 | 16.23% | −0.15 pp |
| Q2 2025 | 2025-06-30 | 16.83% | +0.41 pp |
| Q1 2025 | 2025-03-31 | 16.61% | −0.11 pp |
| Q4 2024 | 2024-12-31 | 16.04% | −0.14 pp |
| Q3 2024 | 2024-09-30 | 16.38% | −0.01 pp |
| Q2 2024 | 2024-06-30 | 16.42% | −0.62 pp |
| Q1 2024 | 2024-03-31 | 16.72% | −0.34 pp |
| Q4 2023 | 2023-12-31 | 16.18% | −0.69 pp |
| Q3 2023 | 2023-09-30 | 16.39% | −0.76 pp |
| Q2 2023 | 2023-06-30 | 17.04% | −0.86 pp |
| Q1 2023 | 2023-03-31 | 17.06% | −0.59 pp |
| Q4 2022 | 2022-12-31 | 16.87% | −1.85 pp |
| Q3 2022 | 2022-09-30 | 17.15% | −0.79 pp |
| Q2 2022 | 2022-06-30 | 17.91% | +0.98 pp |
| Q1 2022 | 2022-03-31 | 17.66% | +1.84 pp |
| Q4 2021 | 2021-12-31 | 18.73% | +3.27 pp |
| Q3 2021 | 2021-09-30 | 17.94% | +1.92 pp |
| Q2 2021 | 2021-06-30 | 16.93% | +1.78 pp |
| Q1 2021 | 2021-03-31 | 15.82% | +0.31 pp |
| Q4 2020 | 2020-12-31 | 15.46% | +0.75 pp |
| Q3 2020 | 2020-09-30 | 16.02% | +1.44 pp |
| Q2 2020 | 2020-06-30 | 15.14% | +0.07 pp |
| Q1 2020 | 2020-03-31 | 15.51% | +0.20 pp |
| Q4 2019 | 2019-12-31 | 14.71% | −0.15 pp |
| Q3 2019 | 2019-09-30 | 14.57% | −0.49 pp |
| Q2 2019 | 2019-06-30 | 15.08% | +0.10 pp |
| Q1 2019 | 2019-03-31 | 15.30% | +0.26 pp |
| Q4 2018 | 2018-12-31 | 14.86% | −0.12 pp |
| Q3 2018 | 2018-09-30 | 15.07% | +0.18 pp |
| Q2 2018 | 2018-06-30 | 14.98% | −0.20 pp |
| Q1 2018 | 2018-03-31 | 15.04% | −0.20 pp |
| Q4 2017 | 2017-12-31 | 14.97% | +0.09 pp |
| Q3 2017 | 2017-09-30 | 14.89% | +0.45 pp |
| Q2 2017 | 2017-06-30 | 15.18% | +0.50 pp |
| Q1 2017 | 2017-03-31 | 15.24% | +0.24 pp |
| Q4 2016 | 2016-12-31 | 14.88% | +0.31 pp |
| Q3 2016 | 2016-09-30 | 14.44% | −0.26 pp |
| Q2 2016 | 2016-06-30 | 14.68% | −0.18 pp |
| Q1 2016 | 2016-03-31 | 15.00% | −0.39 pp |
| Q4 2015 | 2015-12-31 | 14.57% | −0.32 pp |
| Q3 2015 | 2015-09-30 | 14.70% | −0.03 pp |
| Q2 2015 | 2015-06-30 | 14.86% | −0.12 pp |
| Q1 2015 | 2015-03-31 | 15.39% | +0.10 pp |
| Q4 2014 | 2014-12-31 | 14.90% | +0.37 pp |
| Q3 2014 | 2014-09-30 | 14.73% | −0.46 pp |
| Q2 2014 | 2014-06-30 | 14.98% | −0.43 pp |
| Q1 2014 | 2014-03-31 | 15.29% | −0.43 pp |
| Q4 2013 | 2013-12-31 | 14.53% | −0.83 pp |
| Q3 2013 | 2013-09-30 | 15.19% | +0.16 pp |
| Q2 2013 | 2013-06-30 | 15.41% | +0.18 pp |
| Q1 2013 | 2013-03-31 | 15.72% | +0.08 pp |
| Q4 2012 | 2012-12-31 | 15.36% | −0.12 pp |
| Q3 2012 | 2012-09-30 | 15.03% | −0.86 pp |
| Q2 2012 | 2012-06-30 | 15.23% | −0.88 pp |
| Q1 2012 | 2012-03-31 | 15.65% | −0.32 pp |
| Q4 2011 | 2011-12-31 | 15.47% | −0.14 pp |
| Q3 2011 | 2011-09-30 | 15.90% | +0.23 pp |
| Q2 2011 | 2011-06-30 | 16.11% | +0.17 pp |
| Q1 2011 | 2011-03-31 | 15.97% | −0.57 pp |
| Q4 2010 | 2010-12-31 | 15.62% | −0.71 pp |
| Q3 2010 | 2010-09-30 | 15.66% | −1.32 pp |
| Q2 2010 | 2010-06-30 | 15.94% | — |
| Q1 2010 | 2010-03-31 | 16.53% | — |
| Q3 2009 | 2009-09-30 | 16.33% | — |
| Q2 2009 | 2009-06-30 | 16.98% | — |
Penske Automotive Group gross margin trends
Over the last five reported fiscal years, Penske Automotive Group's gross margin increased from 15.58% to 16.40%, a change of +0.82 percentage points. The latest reported quarter, Q2 2026, shows 15.94%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Penske Automotive Group filings at SEC.gov ↗