Bloomfield Hills, Michigan-based Penske Automotive Group (NYSE:PAG) reported financial results for the fourth quarter and full year 2025, reflecting steady performance in a normalizing automotive retail environment.
Fourth-quarter revenue totaled $7.8 billion, compared with $8.1 billion in the prior-year period.
Net income attributable to common stockholders was $186.1 million, or $2.83 per diluted share.
Adjusted net income was $191.5 million, or $2.91 per diluted share, down 23% and 22% respectively year-over-year.
For the full year 2025, revenue was flat at $31.8 billion.
Net income was $935.4 million, or $14.13 per diluted share, and adjusted net income was $922.8 million, or $13.94 per diluted share.
During the period under review, the board raised the quarterly cash dividend to $1.40 per share.
Additionally, the company repurchased 1,178,411 shares.
Liquidity also stood at approximately $1.6 billion with leverage at 1.5x.
Elsewhere, material dealership transactions included the November acquisition of Penske Motor Group, expected to contribute approximately $1.5 billion in annualized revenue, and a signed agreement to acquire two Lexus dealerships with approximately $450 million in annualized revenue.