Penske Automotive Q2 revenue rises 6% to $8.5 billion; EPS falls to $3.96
Penske Automotive Group reported second quarter 2026 revenue up 6% to $8.5 billion, but net income attributable to common stockholders fell to $260.4 million from $266.6 million, and earnings per share fell to $3.96 from $4.03. The filing also discloses an unsolicited, preliminary, non-binding take-private proposal from Penske Corporation and Mitsui & Co. for the shares they do not already own.
Key points
- Q2 revenue rose 6% to $8.5 billion; net income attributable to common stockholders was $260.4 million versus $266.6 million a year earlier.
- Q2 EPS was $3.96 versus $4.03; adjusted EPS, excluding the gain on sale of dealerships, was $3.62.
- Six-month EPS was $7.52 versus $7.89; the board approved a 1.4% quarterly dividend increase to $1.44 per share, payable September 1, 2026.
- Forward-looking statements cite an unsolicited take-private proposal from Penske Corporation and Mitsui & Co., which may not be pursued or completed.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.