Penske Automotive Group Inc (PAG)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 918,900 | 1,053,200 | 1,380,000 | 1,187,800 | 543,600 |
| Revenue | US$ in thousands | 30,455,200 | 29,527,400 | 27,814,800 | 25,554,700 | 20,443,900 |
| Net profit margin | 3.02% | 3.57% | 4.96% | 4.65% | 2.66% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $918,900K ÷ $30,455,200K
= 3.02%
The net profit margin of Penske Automotive Group Inc has shown some fluctuation over the past five years. In 2020, the net profit margin was 2.66%, indicating that for every dollar of revenue generated, the company retained $0.0266 as net profit. The margin improved significantly in 2021 to 4.65%, indicating improved profitability. This positive trend continued in 2022 with a further increase to 4.96%, suggesting the company managed its expenses efficiently. However, there was a slight dip in 2023 with a net profit margin of 3.57%, which may indicate some challenges in cost management or revenue generation. In 2024, the net profit margin decreased to 3.02%, suggesting a further decline in profitability. Overall, while there have been fluctuations, Penske Automotive Group Inc has generally maintained a healthy level of net profit margin over the years, demonstrating its ability to generate profits relative to its revenue.
Peer comparison
Dec 31, 2024