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

Penske Automotive's (PAG) quarterly Operating Expenses came in at $1.0 billion in Q1 2026, up 1.85% year-on-year from $992.0 million in Q1 2025, and down 6.79% quarter-over-quarter from $1.1 billion in Q4 2025.

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 Q1 2026.

  • Operating Expenses for Q1 2026 came in at $1.0 billion, up 1.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.0 billion (up 1.83% YoY), and the FY2025 annual result was $3.9 billion, up 2.32% from the prior year.
  • Operating Expenses came in at $1.0 billion for Q1 2026 at Penske Automotive, down from $1.1 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.
  • The 5-year median for Operating Expenses is $925.8 million (2024), against an average of $934.2 million.
  • Across the five-year window, Operating Expenses increased 22.39% in 2023 and rose 0.6% in 2025, its largest moves.
  • Penske Automotive's 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 6.79% to $1.0 billion in 2026.
  • The last three Operating Expenses figures came in at $1.0 billion (Q1 2026), $1.1 billion (Q4 2025), and $950.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -21.22 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 690.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 611.31 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 1.04 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 842.20 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 242.63 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 98.70 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 454.10 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 601.60 Mn
10 Penske Automotive - - 1.30 Bn 1.01 Bn

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