Penske Automotive (PAG) Tax Rate (2009 - 2026)
Penske Automotive's (PAG) quarterly Tax Rate came in at 26.17% in Q2 2026, up 184.0% year-over-year from 9.22% in Q2 2025, and down 4.59% quarter-over-quarter from 27.43% in Q1 2026.
Analysis
Penske Automotive (PAG) Tax Rate (2009 - 2026) Analysis & Trends
Penske Automotive has disclosed Tax Rate across 18 years of filings, most recently posting 26.17% for Q2 2026.
- In Q2 2026, Tax Rate rose 184.0% year-over-year to 26.17%; the TTM figure through Jun 2026 stood at 25.97% (up 170.0% YoY), while the FY2025 annual figure was 25.78%, up 124.0% from the prior year.
- Tax Rate came in at 26.17% for Q2 2026 at Penske Automotive, down from 27.43% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 27.43% in Q1 2026 to a low of 20.49% in Q4 2023.
- Average Tax Rate over 5 years is 25.1%, with a median of 25.59% recorded in 2024.
- Year-over-year, Tax Rate tumbled 370 bps in 2023 and jumped 186 bps in 2025.
- Over 5 years, Tax Rate stood at 24.19% in 2022, then declined by 15 bps to 20.49% in 2023, then increased by 4 bps to 21.33% in 2024, then advanced by 9 bps to 23.19% in 2025, then gained by 13 bps to 26.17% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 26.17% in Q2 2026, 27.43% in Q1 2026, and 23.19% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 11.40% |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 26.17% |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 28.21% |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 25.70% |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 25.31% |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 28.52% |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 24.26% |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 23.36% |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 31.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.17% |
| Mar 31, 2026 | 27.43% |
| Dec 31, 2025 | 23.19% |
| Sep 30, 2025 | 26.93% |
| Jun 30, 2025 | 24.33% |
| Mar 31, 2025 | 26.28% |
| Dec 31, 2024 | 21.33% |
| Sep 30, 2024 | 25.43% |
| Jun 30, 2024 | 25.38% |
| Mar 31, 2024 | 26.66% |
| Dec 31, 2023 | 20.49% |
| Sep 30, 2023 | 25.83% |
| Jun 30, 2023 | 24.41% |
| Mar 31, 2023 | 26.37% |
| Dec 31, 2022 | 24.19% |
| Sep 30, 2022 | 26.90% |
| Jun 30, 2022 | 24.76% |
| Mar 31, 2022 | 25.74% |
| Dec 31, 2021 | 25.77% |
| Sep 30, 2021 | 25.23% |