Penske Automotive Group Inc (PAG)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,316,800 | 1,351,500 | 1,487,800 | 1,356,400 | 704,500 |
| Revenue | US$ in thousands | 30,455,200 | 29,527,400 | 27,814,800 | 25,554,700 | 20,443,900 |
| Operating profit margin | 4.32% | 4.58% | 5.35% | 5.31% | 3.45% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,316,800K ÷ $30,455,200K
= 4.32%
The operating profit margin of Penske Automotive Group Inc has shown a fluctuating trend over the past five years. From 2020 to 2021, there was a significant increase in the operating profit margin from 3.45% to 5.31%, indicating improved efficiency in generating profits from operations. However, in 2022 and 2023, the operating profit margin continued to increase slightly to 5.35% and then declined to 4.58% in 2023. This indicates some variability in the company's ability to control operating costs and generate profits during these years. Subsequently, in 2024, the margin decreased further to 4.32%, suggesting potential challenges in maintaining profitability. Overall, Penske Automotive Group Inc's operating profit margin has shown a mixed performance, with fluctuations that may warrant a closer examination of operating expenses and revenue generation strategies to sustain and enhance profitability in the future.
Peer comparison
Dec 31, 2024