Penske Automotive posts record Q4 revenue $7.0B, EPS $4.21; FY EPS $18.55

PENSKE AUTOMOTIVE GROUP, INC.

2022-FY EPS reported $18.55 revenue$27,814,800,000

Q4 revenue $7.0B (+11% YoY); EPS $4.21 (+6% YoY).
Full year revenue $27.8B (+9%); income from cont. ops $1.38B (+16%); EPS $18.55 (+25%).
Board increased quarterly dividend 7% to $0.61 per share.
Repurchased 8.2M shares for $886.5M in 2022; additional 0.6M shares in Jan-Feb 2023 for $70.7M.
PTS partnership amended: advisory board expanded to 11 members; Penske retains 28.9% ownership.

item 1.01 item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

PENSKE AUTOMOTIVE GROUP, INC. reported the fourth quarter and full year 2022 results: revenue $27.8 billion, net income $1,380.0 million, EPS $18.55.

Period: the fourth quarter and full year 2022
Revenue: $27.8 billion
Net income: $1,380.0 million
EPS: $18.55
Result: reported results

Exact text from the filing

6% to $4.21 Full Year 2022 Record Results for Revenue, Earnings Before Taxes, Income From Continuing Operations, and Earnings Per Share Full Year 2022 Revenue Increased 9% to $27.8 Billion; Earnings Before Taxes Increased 16% to $1.9 Billion Full Year 2022 Income From Continuing Operations Increased 16% to $1.4 Billion Full Year 2022 Earnings Per Share Increased

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PENSKE AUTOMOTIVE GROUP, INC. amended Amendment No. 1 to PTS Partnership Agreement with Penske Truck Leasing Corporation, PTL GP, LLC and MBK USA Commercial Vehicles Inc. (Mitsui MBK) (effective 2023-02-06).

Action: amendment
Agreement: collaboration
Counterparty: Penske Truck Leasing Corporation, PTL GP, LLC and MBK USA Commercial Vehicles Inc. (Mitsui MBK)
Effective: 2023-02-06

Exact text from the filing

On February 6, 2023, we, Penske Truck Leasing Corporation, PTL GP, LLC and MBK USA Commercial Vehicles Inc. (“Mitsui MBK”) amended the Seventh Amended and Restated Agreement of Limited Partnership of Penske Truck Leasing Co., L.P. (the “PTS Partnership Agreement”).

View on SEC.gov

Browse all earnings releases →

PENSKE AUTOMOTIVE GROUP, INC. filing history →

Source: SEC EDGAR

accession 0001019849-23-000019

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.