Penske Automotive Group (PAG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Apr 29, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

3.16

Last Year’s EPS

3.39

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 5 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 11, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call describes a fundamentally profitable and capital-return-focused company with strong full-year results (revenue $31B, net income $935M, EPS $14.13), robust cash flow, active M&A and shareholder distributions. Management acknowledged meaningful near-term headwinds — weaker premium and BEV sales, supply/mix pressures in used vehicles, freight recession impacts on truck and PTS results, and U.K. market softness — and quantified one-time adverse items in Q4. Operational actions (fleet resizing, cost reductions, portfolio divestitures, acquisitions in higher-return markets) and early signs of improvement in PTS utilization and Australian performance position the company to benefit if macro and freight conditions normalize. On balance, the positives (strong full-year profitability, cash generation, disciplined capital allocation, strategic acquisitions and fleet/right-sizing actions) outweigh the near-term challenges called out for Q4 and Q1, supporting a constructive outlook.

Company Guidance

Penske guided to a cautiously optimistic 2026 tone: management expects a recovery in the commercial truck market and a stronger U.S. macro backdrop aided by the “One Big Beautiful Bill” (bonus depreciation they estimate will add $120–$150M of cash flow annually), tax refunds, lower interest rates and GDP growth, while warning Q1 will face headwinds from prior-year tariff/BEV pull‑forwards and U.K. tax timing. Key metrics cited include 2025 results of 485,000 new/used vehicles and ~19,000 commercial trucks, $31.0B revenue, ~ $1.3B EBT, $935M net income and $14.13 EPS; Q4 revenue of $7.8B (‑4%), Q4 EBT $256M (adjusted $263M), Q4 net income $186M (adjusted $192M) and Q4 EPS $2.83 (adjusted $2.91); 2025 EBITDA $1.5B, cash flow from operations $1.0B and free cash flow $651M after $325M CapEx. Capital allocation/growth targets include acquisitions adding $1.6B of estimated annualized revenue, divestitures of ~$700M in revenue generating $200M proceeds (expect ~$140M more proceeds in 2026), $182M of share repurchases (1.2M shares, ~1.8% of float) with $247.5M remaining capacity, a dividend raised to $1.40 per share (21st consecutive increase) with a 37.4% payout ratio and ~3.4% forward yield, non-vehicle long-term debt of $2.17B, floorplan of $4.1B, total inventory $4.8B (49-day new and 49-day used supply; new: premium 52 days/volume 34 days; used: U.S. 34 days/U.K. 66 days), cash $65M and liquidity $1.6B, and a target to keep leverage well under 2.0 (current ~1.5).

Strong Full-Year Financial Performance

Fiscal 2025 revenue of $31.0 billion; earnings before taxes of ~ $1.3 billion; net income of $935 million; diluted EPS of $14.13.

Q4 Profitability and Adjusted Results

Q4 revenue was $7.8 billion; EBT $256 million (adjusted EBT $263 million); Q4 net income $186 million (adjusted $192 million); Q4 EPS $2.83 (adjusted $2.91).

Cash Flow and Balance Sheet Strength

Operating cash flow of $1.0 billion for 2025; EBITDA of $1.5 billion; free cash flow of $651 million; liquidity of $1.6 billion and $65 million cash on hand; non-vehicle long-term debt $2.17 billion.

Capital Return and Shareholder Actions

21st consecutive quarterly dividend increase to $1.40 per share (payout ratio 37.4%, forward yield ~3.4%); repurchased 1.2 million shares (1.8%) for $182 million; ~$247.5 million remaining repurchase capacity; returned ~ $2.5 billion to shareholders over the last 4+ years.

Strategic M&A and Portfolio Optimization

Acquisitions completed including Penske Motor Group, Longo Toyota and Longo Lexus and other dealerships representing ~$1.6 billion of estimated annualized revenue; announced additional Toyota/Lexus and Ferrari acquisitions and two Lexus stores in Orlando expected to add ~$2.0 billion estimated annualized revenue; completed divestitures representing ~$700 million in revenue that generated $200 million proceeds and $4.5 million in EBT, with ~$140 million more expected from planned 2026 divestitures.

Commercial Truck and PTS Actions

Premier Truck Group outperformed the market in Class 8 retail (retail new/used trucks 3,789; revenue $725 million; gross profit $121 million); PTS sold 9,750 units in Q4 (41,500 in 2025), reduced fleet to ~397,000 from 435,000, and achieved equity earnings of $48 million (down <10%) while executing cost and fleet right-sizing measures; January rental utilization improved to 82%.

Regional Strengths — Australia and Select Markets

Australia delivered a very strong Q4 with EBT nearly doubling YoY; completed ~ $700 million of projects in 2025 and secured ~$500 million of orders for 2026 in off-highway/energy solutions; Energy Solutions business targeted to reach at least $1 billion revenue by 2030.

Operational Metrics — Gross Profit per Unit and Fixed Ops

Automotive Q4 retail gross profit per unit $4,689 (up $47 sequentially); used vehicle gross profit per unit $1,770 (flat YoY); U.S. same-store service & parts revenue up 6% and related gross profit up 5.5%; technician productivity ~ $30,000 gross profit per month and technician count up 2% YoY.

Capital Management and Cost Trends

Repaid $550 million of senior subordinated notes; invested $325 million in CapEx; total SG&A rose 2.1% (in line with inflation) and adjusted SG&A to gross profit ~71.5%; interest expense declined $18.8 million (7%).

Penske Automotive Group (PAG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PAG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 29, 2026	2026 (Q1)	3.16 / -	3.39	―	―	―
Feb 11, 2026	2025 (Q4)	3.09 / 2.91	3.54	-17.80% (-0.63)
Oct 29, 2025	2025 (Q3)	3.40 / 3.25	3.39	-4.13% (-0.14)
Jul 30, 2025	2025 (Q2)	3.57 / 3.78	3.61	4.71% (+0.17)
Apr 30, 2025	2025 (Q1)	3.28 / 3.39	3.21	5.61% (+0.18)
Feb 13, 2025	2024 (Q4)	3.30 / 3.54	3.45	2.61% (+0.09)
Oct 29, 2024	2024 (Q3)	3.41 / 3.39	3.92	-13.52% (-0.53)
Jul 31, 2024	2024 (Q2)	3.39 / 3.61	4.41	-18.14% (-0.80)
Apr 30, 2024	2024 (Q1)	3.37 / 3.21	4.31	-25.52% (-1.10)
Feb 07, 2024	2023 (Q4)	3.61 / 3.45	4.21	-18.05% (-0.76)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PAG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 11, 2026	$162.98	$171.72	+5.37%
Oct 29, 2025	$160.23	$158.03	-1.37%
Jul 30, 2025	$163.93	$162.76	-0.71%
Apr 30, 2025	$152.57	$150.71	-1.22%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Penske Automotive Group (PAG) report earnings?

Penske Automotive Group (PAG) is schdueled to report earning on Apr 29, 2026, Before Open (Confirmed).

What is Penske Automotive Group (PAG) earnings time?

Penske Automotive Group (PAG) earnings time is at Apr 29, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

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What is PAG EPS forecast?

PAG EPS forecast for the fiscal quarter 2026 (Q1) is 3.16.