---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-028227"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2026-04-29T23:59:59+00:00"
generated_at: "2026-05-15T01:31:15.809006+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive Q1 EPS $3.56 vs $3.86 YoY; net income down 9%

## Summary
- Revenue $7.9B (down from $8.0B); GAAP EPS $3.56 vs $3.86; adjusted EPS $3.05.
- Record retail automotive service & parts revenue $864M (+4.6% YoY; same-store +4.6%).
- Completed acquisitions adding $450M annualized revenue; repurchased 170,393 shares.
- PTS equity income up 24% to $41.1M; leverage ratio 1.8x with $1.3B liquidity.
- Retail commercial truck units down 24% YoY; Class 8 orders improving.

## SEC filing metadata
- accession: 0001628280-26-028227
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2026-04-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1019849/000162828026028227/0001628280-26-028227-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000162828026028227/pag-20260429.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-028227
- JSON: https://secwatch.observer/filing/0001628280-26-028227.json
- Plain text: https://secwatch.observer/filing/0001628280-26-028227.txt

## Key facts
- Earnings Releases
  PENSKE AUTOMOTIVE GROUP, INC. reported first quarter of 2026 results: revenue $7.9 billion, net income $234.5 million, EPS $3.56.
  - Period: first quarter of 2026
  - Revenue: $7.9 billion
  - Net income: $234.5 million
  - EPS: $3.56
  - Result: reported results
  source text: For the quarter, revenue was $7.9 billion compared to $8.0 billion for the same period in 2025. Net income attributable to common stockholders was $234.5 million compared to $257.7 million for the same period in 2025, and related earnings per share was $3.56 compared to $3.86 for the same period in 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1019849/000162828026028227/0001628280-26-028227-index.htm

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