Penske Automotive Group Inc (PAG)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 918,900 873,200 910,500 970,100 1,053,200 1,160,500 1,237,200 1,310,400 1,380,000 1,393,300 1,408,300 1,373,200 1,187,800 1,076,700 968,200 674,400 543,600 445,000 314,600 387,300
Revenue (ttm) US$ in thousands 30,455,200 30,007,400 29,864,400 29,636,200 29,527,400 29,267,100 28,740,000 28,178,400 27,814,800 27,099,100 26,675,700 26,756,300 25,554,700 25,070,700 24,545,000 21,208,600 20,443,900 20,513,200 20,509,200 22,613,900
Net profit margin 3.02% 2.91% 3.05% 3.27% 3.57% 3.97% 4.30% 4.65% 4.96% 5.14% 5.28% 5.13% 4.65% 4.29% 3.94% 3.18% 2.66% 2.17% 1.53% 1.71%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $918,900K ÷ $30,455,200K
= 3.02%

The net profit margin of Penske Automotive Group Inc has shown a fluctuating trend over the past few years, according to the provided data.

From March 31, 2020, to December 31, 2021, the net profit margin increased steadily from 1.71% to 4.65%, indicating an improvement in the company's profitability. This improvement continued into the first half of 2022, with the net profit margin reaching its peak at 5.28% on June 30, 2022.

However, starting from September 30, 2022, the net profit margin began to decline, dropping to 2.91% by December 31, 2024. This decrease suggests a potential decrease in profitability or an increase in expenses relative to revenue during this period.

Overall, despite some fluctuations, Penske Automotive Group Inc has generally maintained a positive net profit margin throughout the period under consideration, which is a key indicator of the company's ability to generate profits from its operations.