Penske Automotive (PAG) Change in Inventory (2009 - 2026)
Penske Automotive's Change in Inventory was $260.3 million in Q2 2026, up 23.1% from $211.5 million a year earlier and up 248.5% from the prior quarter.
Penske Automotive (PAG) Change in Inventory (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Penske Automotive's Change in Inventory was $266 million through Jun 30, 2026; for FY2025, it came in at -$52.1 million.
- In earlier years, Change in Inventory was $157.2 million in FY2024 (-78.3%), $725.9 million in FY2023 (+63.3%), $444.4 million in FY2022 and -$402.6 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Change in Inventory since Q4 2023.
- The best year-over-year quarter for Change in Inventory over five years was Q2 2023 (growth of 290.0%); the worst was Q4 2022 (a decline of 46.3%).
- Per Business Quant data, PAG's Change in Inventory in the three quarters before Q2 2026 was $74.7 million (Q1 2026), $54.7 million (Q4 2025) and -$123.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 1.82 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | -709.00 Mn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 110.41 Mn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 160.24 Mn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 586.00 Mn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 932.00 Mn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 104.14 Mn |
| 10 | Penske Automotive | 12.88 Bn | 12.60 Bn | 1.36 Bn | 260.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 260.30 Mn |
| Mar 31, 2026 | 74.70 Mn |
| Dec 31, 2025 | 54.70 Mn |
| Sep 30, 2025 | -123.70 Mn |
| Jun 30, 2025 | 211.50 Mn |
| Mar 31, 2025 | -194.60 Mn |
| Dec 31, 2024 | -79.70 Mn |
| Sep 30, 2024 | -68.70 Mn |
| Jun 30, 2024 | 228.40 Mn |
| Mar 31, 2024 | 77.20 Mn |
| Dec 31, 2023 | 563.70 Mn |
| Sep 30, 2023 | -112.00 Mn |
| Jun 30, 2023 | 179.00 Mn |
| Mar 31, 2023 | 95.20 Mn |
| Dec 31, 2022 | 247.50 Mn |
| Sep 30, 2022 | 181.80 Mn |
| Jun 30, 2022 | 45.90 Mn |
| Mar 31, 2022 | -30.80 Mn |
| Dec 31, 2021 | 461.00 Mn |
| Sep 30, 2021 | -338.50 Mn |
Penske Automotive Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PAG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "PAG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PAG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();