Penske Automotive (PAG) Operating Expenses (2009 - 2026)

Penske Automotive (PAG) posted Operating Expenses of $1.0 billion for Q1 2026, down 6.79% sequentially from $1.1 billion in Q4 2025, and up 1.85% YoY from $992.0 million in Q1 2025.

Penske Automotive (PAG) Operating Expenses (2009 - 2026) Analysis & Trends

Penske Automotive (PAG) has 17 years of Operating Expenses data on file, last reported at $1.0 billion in Q1 2026.

  • Quarterly Operating Expenses rose 1.85% year-over-year to $1.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 1.83% YoY) and the FY2025 annual result came in at $3.9 billion, up 2.32% from the prior year.
  • Operating Expenses declined to $1.0 billion in Q1 2026 per PAG's latest filing, from $1.1 billion in the prior quarter.
  • The five-year high for Operating Expenses was $1.1 billion in Q4 2025, with the low at $824.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is $934.2 million, with a median of $925.8 million recorded in 2024.
  • Year-over-year, Operating Expenses climbed 22.39% in 2023 and grew 0.6% in 2025.
  • Penske Automotive's Operating Expenses stood at $847.7 million in 2022, then grew by 22.39% to $1.0 billion in 2023, then rose by 3.86% to $1.1 billion in 2024, then rose by 0.6% to $1.1 billion in 2025, then fell by 6.79% to $1.0 billion in 2026.
  • Business Quant data shows PAG's Operating Expenses at $1.0 billion in Q1 2026, $1.1 billion in Q4 2025, and $950.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 1,188.60
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 690.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 1.01 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 635.18 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.04 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 842.20 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 242.63 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 98.70 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 510.40 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 601.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.01 Bn
Dec 31, 2025 1.08 Bn
Sep 30, 2025 950.40 Mn
Jun 30, 2025 948.40 Mn
Mar 31, 2025 992.00 Mn
Dec 31, 2024 1.08 Bn
Sep 30, 2024 925.80 Mn
Jun 30, 2024 926.10 Mn
Mar 31, 2024 917.60 Mn
Dec 31, 2023 1.04 Bn
Sep 30, 2023 888.90 Mn
Jun 30, 2023 892.20 Mn
Mar 31, 2023 878.80 Mn
Dec 31, 2022 847.70 Mn
Sep 30, 2022 824.20 Mn
Jun 30, 2022 849.40 Mn
Mar 31, 2022 829.70 Mn
Dec 31, 2021 822.90 Mn
Sep 30, 2021 787.90 Mn
Jun 30, 2021 780.00 Mn