Penske Automotive Group Reports $31.8B in 2025 Revenue, Net Income of $935.4M

The company saw a decrease in net income compared to 2024 despite strong revenue performance.

Published on Feb. 11, 2026

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Penske Automotive Group, a major automotive retailer based in Bloomfield Township, Michigan, reported $31.8 billion in revenue during 2025 with a decrease in net income to $935.4 million compared to $968.9 million in 2024. The company's fourth quarter 2025 revenue was $7.8 billion compared to $8.1 billion for the same period in 2024, and net income attributable to common stockholders was $186.1 million compared to $249.3 million in the prior year period.

Why it matters

Penske Automotive Group is one of the largest automotive retailers in the United States, so its financial performance provides insights into the broader automotive industry. The company's revenue and profitability figures offer a window into consumer demand, inventory levels, and broader economic trends impacting the auto sector.

The details

For the full year 2025, Penske's dealerships delivered 2% fewer new units and 11% fewer used units than during 2024. Total retail automotive revenue was consistent with the prior year at $27.5 billion and remained flat on a same-store basis. Total retail automotive gross profit increased 1% to $4.5 billion, and same-store gross profit increased 1%, driven by a 7% increase in same-store service and parts. Penske Transportation Solutions, the company's truck leasing and logistics division, recorded earnings of $192.8 million during 2025, compared to $198 million in 2024. Penske's retail commercial truck dealerships generated $3.4 billion in 2025, down from $3.5 billion in 2024.

  • Penske Automotive Group reported its 2025 full-year and Q4 2025 financial results on February 11, 2026.
  • The company's 2024 full-year results were reported in the prior year period.

The players

Penske Automotive Group

A major automotive retailer based in Bloomfield Township, Michigan that operates new and used vehicle dealerships, truck leasing and logistics services, and other automotive-related businesses.

Roger Penske

The chairman of Penske Automotive Group.

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What they’re saying

“In 2025, our business delivered over 504,000 retail auto and commercial truck units, generated nearly $32 billion in revenue, and $1.3 billion in earnings before taxes. Our diversified model remains resilient as vehicle inventory remains in good shape, service and parts remain strong, and our costs remain well controlled.”

— Roger Penske, Chairman (dbusiness.com)

“I was pleased with how our team performed during the fourth quarter in light of the difficult quarter-over-quarter comparisons, including the impact to auto sales from pull forward activity, the continuing weakness in the commercial truck freight market, and the macro-economic environment in the U.K.”

— Roger Penske, Chairman (dbusiness.com)

What’s next

Penske Automotive Group plans to continue its strategy of strategic dealership acquisitions, having recently announced the purchase of two Toyota dealerships and four Lexus dealerships representing approximately $2 billion in estimated annualized revenue.

The takeaway

Penske Automotive Group's strong revenue performance in 2025 despite headwinds in new and used vehicle sales demonstrates the resilience of its diversified business model, which includes truck leasing, logistics, and a growing service and parts operation. The company's strategic acquisitions also position it for further growth in the years ahead.