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| Date | Value |
|---|---|
| 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 |