secwatch.observer — SEC 8-K summary
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Issuer:     PENSKE AUTOMOTIVE GROUP, INC. (PAG)
CIK:        0001019849
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001019849-25-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Penske Automotive Q4 revenue record $7.7B; EPS $3.54; dividend raised to $1.22
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- Q4 revenue $7.7B (+6% YoY); net income $236.4M; EPS $3.54 (+25% YoY, +3% vs adjusted $3.45).
- Same-store service/parts revenue +7%, gross profit +9%; SG&A as % of gross profit down 70 bps to 70.3%.
- Full-year 2024 revenue $30.5B; EPS $13.74 (vs FY2023 adjusted $16.10).
- Board declares $1.22 quarterly dividend (+2.5% or $0.03), 17th consecutive increase; payable March 6 to record Feb 24.
- FY2024 acquisitions $2.1B annualized revenue; liquidity $1.9B; leverage ratio 1.2x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1019849/000101984925000002/0001019849-25-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1019849/000101984925000002/pag-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001019849-25-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer