Penske Automotive PAG
NYSE PAG
$212.65 -2.16 (-1.01%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Penske Automotive's (PAG) quarterly Operating Expenses came in at $1.0 billion in Q2 2026, up 3.29% year-over-year from $986.9 million in Q2 2025, and up 0.89% quarter-over-quarter from $1.0 billion in Q1 2026.

Analysis

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

Penske Automotive has disclosed Operating Expenses across 17 years of filings, most recently posting $1.0 billion for Q2 2026.

  • In Q2 2026, Operating Expenses rose 3.29% year-over-year to $1.0 billion; the TTM figure through Jun 2026 stood at $4.1 billion (up 2.06% YoY), while the FY2025 annual figure was $3.9 billion, up 2.32% from the prior year.
  • Operating Expenses came in at $1.0 billion for Q2 2026 at Penske Automotive, up from $1.0 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $1.1 billion in Q4 2025 to a low of $824.2 million in Q3 2022.
  • Average Operating Expenses over 5 years is $941.0 million, with a median of $926.0 million recorded in 2024.
  • Year-over-year, Operating Expenses rose 22.39% in 2023 and gained 0.6% in 2025.
  • Over 5 years, Operating Expenses stood at $847.7 million in 2022, then gained by 22.39% to $1.0 billion in 2023, then climbed by 3.86% to $1.1 billion in 2024, then climbed by 0.6% to $1.1 billion in 2025, then slipped by 5.96% to $1.0 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $1.0 billion in Q2 2026, $1.0 billion in Q1 2026, and $1.1 billion in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Carvana 71.60 Bn 69.97 Bn 1.38 Bn 704.00 Mn
2 Penske Automotive 13.96 Bn 13.91 Bn 1.36 Bn 1.02 Bn
3 Carmax 8.11 Bn 7.52 Bn 854.41 Mn 635.18 Mn
4 Lithia Motors 6.96 Bn 6.62 Bn 1.50 Bn 1.01 Bn
5 Autonation 5.57 Bn 5.51 Bn 1.23 Bn 856.30 Mn
6 Sonic Automotive 5.24 Bn 5.22 Bn 616.20 Mn 449.20 Mn
7 Uxin 5.15 Bn 5.21 Bn 10.88 Mn -20.60 Mn
8 Asbury Automotive 3.29 Bn 3.25 Bn 753.10 Mn 506.40 Mn
9 Group 1 Automotive 2.94 Bn 2.77 Bn 860.60 Mn 625.60 Mn
10 Marinemax 1.16 Bn 996.41 Mn 218.08 Mn 180.86 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.02 Bn
Mar 31, 2026 1.01 Bn
Dec 31, 2025 1.08 Bn
Sep 30, 2025 950.40 Mn
Jun 30, 2025 986.90 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