Quarterly ResultJul 29, 2026, 12:12 PM
Penske Automotive Q2 Revenue $8.5B, EPS $3.96; Dividend Raised 1.4%
AI Summary
Penske Automotive Group reported second quarter 2026 financial results with revenue increasing 6% to $8.5 billion. Net income attributable to common stockholders was $260.4 million, or $3.96 per share, while adjusted earnings per share was $3.62. The company also announced a 1.4% increase in its quarterly dividend to $1.44 per share, marking its 23rd consecutive quarterly increase. New and used automotive units delivered rose 5% to over 125,000.
Key Highlights
- Q2 2026 Revenue increased 6% to $8.5 billion, up from $8.0 billion in Q2 2025.
- Q2 2026 Net Income attributable to common stockholders was $260.4 million ($3.96 EPS).
- Q2 2026 Adjusted Earnings Per Share was $3.62.
- New and Used Automotive Units Delivered increased 5% to over 125,000 units.
- Quarterly dividend increased 1.4% to $1.44 per share, the 23rd consecutive increase.
- Penske Transportation Solutions (PTS) earnings increased 7% to $57.4 million.
- Repurchased 265,104 shares for approximately $42.5 million during H1 2026.
- Retail automotive same-store revenue increased 6%.
Price Impact
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