---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-24-000093"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:13:24.107980+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive Q2 revenue record $7.7B; EPS $3.61 vs $4.41; raises dividend 11%

## Summary
- Revenue increased 3% to $7.7B; net income $241.2M vs $300.8M; EPS $3.61 vs $4.41.
- Record retail service & parts revenue $753M (+10%); same-store service & parts revenue +5%.
- Board increased quarterly dividend 11% to $1.07/share, payable Sept 4 to Aug 15 record holders.
- Year-to-date acquisitions ~$2B annualized revenue, including River States and Bill Brown Ford.
- Repurchased 0.4M shares for $58.1M; $157.4M remaining under repurchase program.

## SEC filing metadata
- accession: 0001019849-24-000093
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000093/0001019849-24-000093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000093/pag-20240731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-24-000093
- JSON: https://secwatch.observer/filing/0001019849-24-000093.json
- Plain text: https://secwatch.observer/filing/0001019849-24-000093.txt

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