---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-22-000034"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2022-07-27T23:59:59+00:00"
generated_at: "2026-06-24T07:56:49.336589+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive reports record Q2 earnings; EPS $4.93 (+17% YoY); acquires Mercedes-Benz UK dealerships

## Summary
- EPS from continuing ops $4.93 vs $4.20 (+17%); adjusted EPS $4.47 (+10%).
- Revenue $6.9B (-1% reported; +2% ex-forex); auto same-store revenue -8% (-3% ex-forex).
- Commercial truck EBT +32% to $52.3M; PTS investment earnings $136.6M (+33%).
- Dividend raised to $0.53/share; $250M added to buyback auth; total available $330.6M.
- Agreed to buy five Mercedes-Benz dealerships and three aftersales in North London (est. $550M annual rev); close Q3 2022.

## SEC filing metadata
- accession: 0001019849-22-000034
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2022-07-27T23:59:59+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/1019849/000101984922000034/0001019849-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984922000034/pag-20220727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-22-000034
- JSON: https://secwatch.observer/filing/0001019849-22-000034.json
- Plain text: https://secwatch.observer/filing/0001019849-22-000034.txt

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