---
schema_version: "secwatch.filing_event.v1"
accession: "0001019849-24-000116"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T08:50:37.004556+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Penske Q3 revenue up 2% to $7.6B, EPS $3.39 vs $3.92; raises dividend 11%, signs Porsche dealership deal

## Summary
- Revenue $7.6B (+2% YoY); EPS $3.39 vs $3.92; net income $226.1M vs $263.4M.
- Record service & parts revenue $778M (+14%); same-store service & parts +7%, gross profit +6%.
- Commercial truck units +14% to 6,331; revenue $1.1B; pre-tax earnings $56.5M vs $61.1M.
- Dividend raised 11% to $1.19/share; payable Dec 3, record Nov 15; fourth 2024 increase.
- Acquisitions: Bill Brown Ford ($550M rev.), Porsche Melbourne ($130M); YTD nearly $2B in revenue.

## SEC filing metadata
- accession: 0001019849-24-000116
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000116/0001019849-24-000116-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000101984924000116/pag-20241029.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019849-24-000116
- JSON: https://secwatch.observer/filing/0001019849-24-000116.json
- Plain text: https://secwatch.observer/filing/0001019849-24-000116.txt

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