Penske Automotive Group Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Penske Automotive Group Inc (PAG) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Penske Automotive Group Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 33,639M vs 150,885M combined for its competitors (18.2% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+0.1% annualized vs trailing 12 months), vs accelerating (+10.9%) for its tracked peer group.
- Growth: Penske Automotive Group Inc generated 9.4% revenue growth year over year in Q3 2026, vs 10.4% for its competitors combined.
- Profitability: Its 2.6% net margin compares with 4.4% for the peer group.
- Scale: Penske Automotive Group Inc ranks #6 of 37 companies by market capitalization in the Automotive Aftermarket industry, holding 4.6% of industry market cap.
- Peer revenue share: Penske Automotive Group Inc accounted for 16.7% of combined revenue among its tracked peer group, down from 16.9% a year earlier.
- Peer differentiation: Revenue per employee of $1.21M compares with $0.64M for the peer group (1.9x).
- Structure: Penske Automotive Group Inc operates in the following segments: Retail automotive dealership, Retail commercial truck dealership, Other Operating, Commercial vehicle distribution and other.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
PAG Sales vs. its Competitors, Q3 2026
Penske Automotive Group Inc reported revenue growth of 9.36 % year on year in Q3 2026, below its competitors' combined revenue growth of 10.37 %.
With a net margin of 2.62 %, Penske Automotive Group Inc reported lower profitability than its competitors (4.35 %).
Penske Automotive Group Inc generated 16.74 % of the combined sales of its peer group, down from 16.87 % a year earlier.
Penske Automotive Group Inc vs. its Competitors, Q3 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Penske Automotive Group Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Penske Automotive Group Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Penske Automotive Group Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (4) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Penske Automotive Group Inc's competitor groups requires a Commercial License.
For context: the Automotive Aftermarket industry grew revenue 11.2% year over year, combined, vs 9.4% for Penske Automotive Group Inc. Penske Automotive Group Inc's share of combined industry revenue moved from 8.07% to 7.94%, a loss of 0.13 percentage points.
Penske Automotive Group Inc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Penske Automotive Group Inc | Yes | Yes | No | No |
| Competitors combined (12) | ||||
| Similar-Size Competitors (10) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
PAG Stock Performance relative to its Competitors
PAG Stock Performance relative to Similar-Size Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Carmax Inc | 282.9% | Outperformed |
| 2 | U haul Holding Company | 282.9% | Outperformed |
| 3 | Sonic Automotive Inc | 282.9% | Outperformed |
| 4 | Carvana Co | 282.9% | Outperformed |
| 5 | Lithia Motors Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Penske Automotive Group Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Penske Automotive Group Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Penske Automotive Group Inc |
13,934.35 | 33,639.00 |
 Autozone Inc |
53,622.77 | 20,338.56 |
 Carvana Co |
50,158.50 | 27,455.00 |
 U haul Holding Company |
11,058.80 | 6,089.38 |
 Carmax Inc |
7,945.86 | 27,631.34 |
 Rush Enterprises Inc |
7,781.68 | 7,236.52 |
| SUBTOTAL | 166,014.36 | 244,501.18 |
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Sources: Penske Automotive Group Inc's official press releases and company reports; CSIMarket.com's market research; and the company reports and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Penske Automotive Group Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Penske Automotive Group Inc's Competitors Named by the Company
Competitive relationships identified from Penske Automotive Group Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Lithia Motors Inc | Company report | 85% |
| Group 1 Automotive Inc | Company report | 85% |
| Carmax Inc | Company report | 85% |
| Autonation Inc | Company report | 85% |
| Rush Enterprises Inc | Company report | 85% |
| U haul Holding Company | Company report | 85% |
| Asbury Automotive Group Inc | Company report | 85% |
| Sonic Automotive Inc | Company report | 85% |
| Carvana Co | Company report | 85% |
Company report basis, confidence, active dates and source counts for Penske Automotive Group Inc's named competitors require a Commercial License.
Methodology: relationships are extracted from Penske Automotive Group Inc reports (named-competitor disclosures) and corroborating sources. Confidence reflects evidence strength.
Penske Automotive Group Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Penske Automotive Group Inc | Retail automotive dealership 83.48 % |
| Autozone Inc | Auto Parts Locations 100.00 % |
| Carvana Co | Reportable 99.98 % |
| U haul Holding Company | Moving and Storage Consolidations 94.18 % |
| Rush Enterprises Inc | Truck Segment 99.76 % |
| Lithia Motors Inc | Vehicle Operations 100.00 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
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Penske Automotive Group Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Penske Automotive Group Inc | 13,934 | 1,214,404 | 32,621 |
| Autozone Inc | 53,623 | 154,080 | 19,491 |
| Carvana Co | 50,158 | 1,188,528 | 93,420 |
| U haul Holding Company | 11,059 | 178,052 | 11,389 |
| Carmax Inc | 7,946 | 994,076 | 10,521 |
| Rush Enterprises Inc | 7,782 | 911,745 | 33,657 |
| PEERS TOTAL | 152,080 | 642,011 | 25,060 |
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Penske Automotive Group Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Autozone Inc | US 86.60 % |
| U haul Holding Company | US 94.72 % |
| Lithia Motors Inc | United States 75.93 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Penske Automotive Group Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 34 companies in Penske Automotive Group Inc's industry classification, broader than the peer set above. Market cap in millions of $.Penske Automotive Group Inc ranks #6 of 34 companies by market capitalization in its industry, holding 4.61 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 1,404, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | O Reilly Automotive Inc | 73,878 | 24.44 % |
| 2 | Autozone Inc | 53,581 | 17.73 % |
| 3 | Carvana Co | 50,162 | 16.59 % |
| 4 | Copart Inc | 28,801 | 9.53 % |
| 5 | Casey s General Stores Inc | 1,234 | 5.2% |
| 6 | Penske Automotive Group Inc | 13,947 | 4.61 % |
| 7 | Murphy Usa Inc | 1,234 | 5.2% |
| 8 | Carmax Inc | 1,234 | 5.2% |
| 9 | Lithia Motors Inc | 1,234 | 5.2% |
| 10 | Autonation Inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Penske Automotive Group Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-10-30.
Penske Automotive Group Inc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | O Reilly Automotive Inc | 73,878 | -5.70 % |
| 2 | Autozone Inc | 53,581 | -14.28 % |
| 3 | Carvana Co | 50,162 | -4.24 % |
| 4 | Copart Inc | 28,801 | -29.18 % |
| 5 | Casey s General Stores Inc | 1,234 | 12.3% |
| 6 | Penske Automotive Group Inc | 13,947 | 31.95 % |
| 7 | Murphy Usa Inc | 1,234 | 12.3% |
| 8 | Carmax Inc | 1,234 | 12.3% |
| 9 | Lithia Motors Inc | 1,234 | 12.3% |
| 10 | Autonation Inc | 1,234 | 12.3% |
| 11 | Openlane inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Penske Automotive Group Inc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-10-30. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Penske Automotive Group Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Automotive Aftermarket industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (50 companies). See the full Automotive Aftermarket industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.16 % | 13.80 % (avg) | -13.6 pp |
| Operating Margin | - | industry median | - |
| EBITDA Margin | 0.04 % | -1.34 % (avg) | +1.4 pp |
| Capital Intensity (Capex / Revenue) | 0.92 % | 4.25 % (avg) | -3.3 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Penske Automotive Group Inc's Valuation vs Competitive Position
Valuation multiples vs the Automotive Aftermarket industry average (50 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Automotive Aftermarket industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 12.2x | 19.1x | -6.9x |
| EV / EBITDA | 8.7x | 12.0x | -3.3x |
| P/B | 1.9x | 2.9x | -1.0x |
| Return on Equity | 0.16 % | industry aggregate | -27.18 % |
| Return on Invested Capital | - | -0.01 % (avg) | - |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Penske Automotive Group Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | 6.54 % | 1.73 % | -11.80 % | 25.00 % | 8.84 % | 6.15 % | 3.14 % | 4.45 % |
| Operating Margin | 2.92 % | 2.82 % | 3.45 % | 5.31 % | 5.35 % | 4.58 % | 4.32 % | 4.12 % |
| Return on Invested Capital | 7.99 % | 5.63 % | 5.30 % | 8.99 % | 9.39 % | 8.07 % | 7.35 % | 5.71 % |
| P/E | 7.8x | 9.5x | 8.8x | 7.0x | 6.5x | 9.4x | 10.9x | 11.7x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Penske Automotive Group Inc's BCG Growth-Share Matrix
Relative market share (vs Penske Automotive Group Inc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Penske Automotive Group Inc falls in the Dog quadrant: relative market share of 0.19x vs its largest competitor, in an industry growing revenue 4.9% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Penske Automotive Group Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 1,404 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.92 % vs industry average 4.25 % (see Profitability & Cost Structure above) |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments. Supplier power and buyer power are not assessed here -- see Penske Automotive Group Inc's dedicated Suppliers and Customers pages for concentration data; threat of substitutes has no systematic data source in this system and is not estimated.
Penske Automotive Group Inc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Penske Automotive Group Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Penske Automotive Group Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Return on equity 27.2 points below the industry aggregate.
- Low relative market share vs the industry leader (0.19x).
Opportunities
- A meaningful share of competitors (41.70 %) show financial-distress signals, a possible opening to gain share.
Threats
No rule matched.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Penske Automotive Group Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Penske Automotive Group Inc | 0.01 | 0.98 | 0.45 |
| Autozone Inc | 0.03 | 0.89 | - |
| Carvana Co | 1.40 | 4.08 | 1.04 |
| U haul Holding Company | 0.67 | 2.82 | 1.44 |
| Carmax Inc | 0.27 | 4.29 | 2.95 |
| Rush Enterprises Inc | 0.15 | 1.42 | 0.12 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Penske Automotive Group Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Penske Automotive Group Inc | Q3 2026 | +9.4 % | -1.8 % |
| Autozone Inc | Q3 2026 | +5.6 % | +11.3 % |
| Carvana Co | Q3 2026 | +42.4 % | +9.9 % |
| U haul Holding Company | Q2 2026 | +3.2 % | -6.6 % |
| Carmax Inc | Q3 2026 | +19.5 % | +73.3 % |
| Rush Enterprises Inc | Q2 2026 | -1.6 % | +0.0 % |
| PEERS TOTAL | +7.2 % | +16.8 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Penske Automotive Group Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Penske Automotive Group Inc | Q3 2026 | +5.0 % | +0.6 % |
| Autozone Inc | Q3 2026 | +1.7 % | -1.3 % |
| Carvana Co | Q3 2026 | +44.9 % | +68.4 % |
| U haul Holding Company | Q2 2026 | -1.1 % | -10.3 % |
| Carmax Inc | Q3 2026 | +19.5 % | -41.3 % |
| Rush Enterprises Inc | Q2 2026 | -0.8 % | -27.7 % |
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Penske Automotive Group Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Penske Automotive Group Inc | 4.96% | 5.95% | 15.67% |
| Autozone Inc | 12.50% | 23.46% | - |
| Carvana Co | 15.22% | 15.71% | 43.98% |
| U haul Holding Company | 1.83% | 1.83% | 5.10% |
| Carmax Inc | 1.10% | 1.16% | 4.76% |
| Rush Enterprises Inc | 5.88% | 9.28% | 11.73% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Penske Automotive Group Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Penske Automotive Group Inc | 15.50 | 0.41 |
| Autozone Inc | 20.92 | 2.64 |
| Carvana Co | 11.70 | 1.83 |
| U haul Holding Company | 32.45 | 1.82 |
| Carmax Inc | 26.82 | 0.29 |
| Rush Enterprises Inc | 29.13 | 1.08 |
| PEERS AVERAGE | 18.17 | 0.68 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.