Penske Automotive PAG
NYSE PAG
$216.55 -0.46 (-0.21%)
As of: Aug 31, 2026 · 3:59 PM EDT

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

Penske Automotive (PAG) posted Operating Expenses of $974.0 million for Q2 2026, up 0.87% sequentially from $965.6 million in Q1 2026, and up 3.2% YoY from $943.8 million in Q2 2025.

Analysis

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

Penske Automotive has reported Operating Expenses for 17 years, with the latest figure at $974.0 million in Q2 2026.

  • Quarterly Operating Expenses rose 3.2% year-over-year to $974.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $3.9 billion (up 1.84% YoY) and the FY2025 annual result came in at $3.8 billion, up 2.12% from the prior year.
  • Operating Expenses improved to $974.0 million in Q2 2026 per PAG's latest filing, from $965.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.0 billion in Q4 2025 and troughed at $792.7 million in Q3 2022.
  • A 5-year average of $902.3 million and a median of $886.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses advanced 22.28% in 2023, then gained 0.33% in 2025.
  • Over 5 years, Operating Expenses stood at $815.5 million in 2022, then rose by 22.28% to $997.2 million in 2023, then grew by 3.61% to $1.0 billion in 2024, then climbed by 0.33% to $1.0 billion in 2025, then decreased by 6.04% to $974.0 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $974.0 million, $965.6 million, and $1.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Carvana 52.87 Bn 50.13 Bn 1.38 Bn 704.00 Mn
2 Penske Automotive 14.22 Bn 14.15 Bn 1.36 Bn 1.02 Bn
3 Rush Enterprises Inc \Tx\ 9.01 Bn 8.75 Bn 361.67 Mn 245.47 Mn
4 Carmax 8.69 Bn 8.10 Bn 854.41 Mn 635.18 Mn
5 Lithia Motors 8.26 Bn 7.90 Bn 1.50 Bn 1.01 Bn
6 Autonation 6.73 Bn 6.68 Bn 1.23 Bn 856.30 Mn
7 Uxin 5.72 Bn 5.71 Bn - 4.48 Mn
8 Valvoline 4.10 Bn 4.02 Bn 214.90 Mn 103.10 Mn
9 Openlane 4.07 Bn 3.88 Bn 248.20 Mn 487.10 Mn
10 Asbury Automotive 3.86 Bn 3.83 Bn 753.10 Mn 506.40 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