---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-050469"
form_type: "8-K"
ticker: "PAG"
cik: "0001019849"
company_name: "PENSKE AUTOMOTIVE GROUP, INC."
filed_at: "2026-07-29T16:04:41+00:00"
generated_at: "2026-07-29T16:05:07.636862+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Penske Automotive Q2 revenue up 6% to $8.5B; adjusted EPS $3.62; dividend raised to $1.44

## Summary
- Revenue $8.5B (+6% YoY); net income $260.4M ($3.96 EPS) vs $266.6M ($4.03) YoY.
- Adjusted net income $237.7M; adjusted EPS $3.62; excludes gain on dealership sales.
- Retail automotive units delivered >125,000 (+5% YoY); same-store service/parts gross margin up 80 bps to 59.5%.
- Dividend increased 1.4% to $1.44/share (payable Sept 1, 2026; record Aug 14, 2026); 23rd consecutive quarterly increase.
- Acquired Lexus of Orlando and Lexus of Winter Park; expected $450M annualized revenue; leverage ratio 1.7x.

## SEC filing metadata
- accession: 0001628280-26-050469
- form_type: 8-K
- ticker: PAG
- cik: 0001019849
- company_name: PENSKE AUTOMOTIVE GROUP, INC.
- filed_at: 2026-07-29T16:04:41+00:00
- event_type: earnings
- sentiment: neutral
- 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/1019849/000162828026050469/0001628280-26-050469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1019849/000162828026050469/pag-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-050469
- JSON: https://secwatch.observer/filing/0001628280-26-050469.json
- Plain text: https://secwatch.observer/filing/0001628280-26-050469.txt

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