Penske Automotive Group (PAG)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Fiscal Year End Date: 12/31
(Values in U.S. thousands)
| 12-2023 | 12-2022 | 12-2021 | 12-2020 | 12-2019 | |
| Cash Flows From Operating Activities | |||||
| Net Income | 1,058,600 | 1,386,200 | 1,192,700 | 545,300 | 435,100 |
| Depreciation Amortization | 141,000 | 127,300 | 121,500 | 115,500 | 109,600 |
| Income taxes - deferred | 101,800 | 124,200 | 184,800 | 194,300 | 92,000 |
| Accounts receivable | -194,700 | -192,900 | 75,600 | 152,700 | -30,900 |
| Other Working Capital | -214,200 | -68,500 | -11,400 | 472,100 | 6,600 |
| Other Operating Activity | 201,100 | 82,700 | -271,200 | -278,400 | -94,100 |
| Operating Cash Flow | $1,093,600 | $1,459,000 | $1,292,000 | $1,201,500 | $518,300 |
| Cash Flows From Investing Activities | |||||
| PPE Investments | -344,600 | -250,200 | -194,000 | -166,100 | -217,800 |
| Net Acquisitions | -214,900 | -380,300 | -427,500 | 40,600 | -304,100 |
| Other Investing Activity | -12,800 | -11,200 | -1,600 | -11,000 | -10,800 |
| Investing Cash Flow | $-572,300 | $-641,700 | $-623,100 | $-136,500 | $-532,700 |
| Cash Flows From Financing Activities | |||||
| Debt Issued | 3,150,300 | 2,101,000 | 2,356,000 | 2,347,000 | 1,808,000 |
| Debt Repayment | -3,108,100 | -1,858,000 | -2,529,300 | -3,258,600 | -1,500,100 |
| Common Stock Repurchased | -358,700 | -869,300 | -280,600 | -29,400 | -169,200 |
| Dividend Paid | -189,100 | -154,100 | -142,500 | -68,100 | -130,800 |
| Other Financing Activity | -25,500 | -17,600 | -19,100 | -44,800 | -5,300 |
| Financing Cash Flow | $-531,100 | $-798,000 | $-615,500 | $-1,053,900 | $2,600 |
| Exchange Rate Effect | -300 | -13,500 | -3,500 | 10,000 | 200 |
| Beginning Cash Position | 106,500 | 100,700 | 49,500 | 28,100 | 39,400 |
| End Cash Position | 96,400 | 106,500 | 100,700 | 49,500 | 28,100 |
| Net Cash Flow | $-10,100 | $5,800 | $51,200 | $21,400 | $-11,300 |
| Free Cash Flow | |||||
| Operating Cash Flow | 1,093,600 | 1,459,000 | 1,292,000 | 1,201,500 | 518,300 |
| Capital Expenditure | -375,300 | -282,500 | -248,900 | -185,900 | -245,300 |
| Free Cash Flow | 718,300 | 1,176,500 | 1,043,100 | 1,015,600 | 273,000 |