Penske Automotive (PAG) Gross Margin (2009 - 2026)
Penske Automotive's (PAG) quarterly Gross Margin came in at 15.94% in Q2 2026, down 89.0% year-over-year from 144.92% in Q2 2025, and down 3.53% quarter-over-quarter from 16.52% in Q1 2026.
Analysis
Penske Automotive (PAG) Gross Margin (2009 - 2026) Analysis & Trends
Penske Automotive has disclosed Gross Margin across 17 years of filings, most recently posting 15.94% for Q2 2026.
- In Q2 2026, Gross Margin fell 89.0% year-over-year to 15.94%; the TTM figure through Jun 2026 stood at 16.15% (down 35.0% YoY), while the FY2025 annual figure was 16.4%, up 3.0% from the prior year.
- Gross Margin came in at 15.94% for Q2 2026 at Penske Automotive, down from 16.52% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 17.91% in Q2 2022 to a low of 15.94% in Q2 2026.
- Average Gross Margin over 5 years is 16.66%, with a median of 16.57% recorded in 2024.
- The largest YoY upside for Gross Margin was 184 bps in 2022 against a maximum downside of 185 bps in 2022.
- Over 5 years, Gross Margin stood at 16.87% in 2022, then decreased by 4 bps to 16.18% in 2023, then rose by 0 bps to 16.26% in 2024, then dropped by 2 bps to 16.01% in 2025, then fell by 0 bps to 15.94% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 15.94% in Q2 2026, 16.52% in Q1 2026, and 16.01% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 18.76% |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 15.94% |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 10.66% |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 15.29% |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 17.77% |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 15.66% |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | 6.99% |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 17.18% |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 15.98% |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 35.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.94% |
| Mar 31, 2026 | 16.52% |
| Dec 31, 2025 | 16.01% |
| Sep 30, 2025 | 16.14% |
| Jun 30, 2025 | 16.83% |
| Mar 31, 2025 | 16.61% |
| Dec 31, 2024 | 16.26% |
| Sep 30, 2024 | 16.31% |
| Jun 30, 2024 | 16.32% |
| Mar 31, 2024 | 16.61% |
| Dec 31, 2023 | 16.18% |
| Sep 30, 2023 | 16.39% |
| Jun 30, 2023 | 17.04% |
| Mar 31, 2023 | 17.06% |
| Dec 31, 2022 | 16.87% |
| Sep 30, 2022 | 17.15% |
| Jun 30, 2022 | 17.91% |
| Mar 31, 2022 | 17.66% |
| Dec 31, 2021 | 18.73% |
| Sep 30, 2021 | 17.94% |