---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-22-000017"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2022-04-27T23:59:59+00:00"
generated_at: "2026-06-26T03:52:58.941356+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive posts record Q1: EPS $4.76 (+111%), revenue $7B (+21%), repurchased $184M shares

## Summary
- Income from continuing operations $367.9M, up 102% YoY; EPS $4.76, up 111%.
- Total revenue $7.0B (+21%); retail auto same-store gross profit +27%, commercial truck same-store revenue +47%.
- Repurchased 1.9M shares for $184M YTD through Apr 26; $46.3M remaining under authorization.
- Added ~$665M annualized revenue via acquisitions of commercial truck and BMW/MINI dealerships.
- Investment in Penske Transportation Solutions earnings up 121% to $118.5M.

## SEC filing metadata
- accession: 0001019849-22-000017
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2022-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984922000017/0001019849-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984922000017/pag-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-22-000017
- JSON: https://secwatch.observer/filing/0001019849-22-000017.json
- Plain text: https://secwatch.observer/filing/0001019849-22-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.