Penske Automotive Group Equity 2024

Penske Automotive Group Aktienanalyse

What does Penske Automotive Group do?

The Penske Automotive Group Inc. is a leading company in the automotive industry that operates worldwide. The company was founded in 1969 by Roger S. Penske and has evolved from being a racing team to a versatile organization represented in almost every industry. Today, it is one of the largest automotive dealers in the world. The company's business model is simple and effective. Penske Automotive Group focuses on the sales and service of premium brands such as BMW, Mercedes-Benz, Porsche, Audi, and many others. It operates a wide range of dealerships in North America, Europe, and Asia, offering comprehensive automotive services including maintenance and repair, parts and accessories, as well as financial and insurance services. Penske Automotive Group is divided into three main business segments: 1. Retail operations: Penske Automotive operates over 327 dealerships in North America, Europe, and Asia, selling new and used vehicles, as well as parts and accessories from leading brands. The company's dealerships are renowned for their excellent customer service, comprehensive mechanical support, and premium offers. 2. Financial services: The financial services division includes a wide range of services such as vehicle financing, insurance, and leasing. Penske Automotive has its own financial and insurance department, making it easier for customers to purchase cars with tailored financing solutions. 3. Other services: This segment offers various services such as fleet management and used vehicle marketing. Through fleet management, the company can provide optimized care and management of vehicle fleets to reduce costs and operational risks for its customers. In addition to dealerships and car sales, Penske Automotive Group also offers other products. For example, the company distributes electric bicycles, motorcycles, trucks, boat engines, and yachts. It works closely with manufacturers to ensure that the products offered meet the highest standards. Overall, Penske Automotive Group specializes in premium brands and provides a high level of customer service and satisfaction. With its diverse range of services and products, the company ensures that its customers are well taken care of and remain satisfied with their vehicles and the service they receive. Penske Automotive Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Penske Automotive Group's Equity

Penske Automotive Group's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Penske Automotive Group's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Penske Automotive Group's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Penske Automotive Group's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Penske Automotive Group’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Penske Automotive Group Stock

What is the equity of Penske Automotive Group this year?

Penske Automotive Group has equity of 4.73 B USD this year.

What was the equity of Penske Automotive Group compared to the previous year?

The equity of Penske Automotive Group has increased/decreased by 13.94% increased compared to the previous year.

What impact does a high equity have on investors of Penske Automotive Group?

A high equity is advantageous for investors of Penske Automotive Group as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Penske Automotive Group?

A low equity can be a risk for investors of Penske Automotive Group, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Penske Automotive Group affect the company?

An increase in equity of Penske Automotive Group can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Penske Automotive Group affect the company?

A reduction in equity of Penske Automotive Group can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Penske Automotive Group?

Some factors that can affect the equity of Penske Automotive Group include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Penske Automotive Group so important for investors?

The equity of Penske Automotive Group is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Penske Automotive Group take to change the equity?

To change equity, Penske Automotive Group can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Penske Automotive Group pay?

Over the past 12 months, Penske Automotive Group paid a dividend of 2.78 USD . This corresponds to a dividend yield of about 1.87 %. For the coming 12 months, Penske Automotive Group is expected to pay a dividend of 3.6 USD.

What is the dividend yield of Penske Automotive Group?

The current dividend yield of Penske Automotive Group is 1.87 %.

When does Penske Automotive Group pay dividends?

Penske Automotive Group pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Penske Automotive Group?

Penske Automotive Group paid dividends every year for the past 18 years.

What is the dividend of Penske Automotive Group?

For the upcoming 12 months, dividends amounting to 3.6 USD are expected. This corresponds to a dividend yield of 2.42 %.

In which sector is Penske Automotive Group located?

Penske Automotive Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Penske Automotive Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Penske Automotive Group from 6/4/2024 amounting to 0.96 USD, you needed to have the stock in your portfolio before the ex-date on 5/17/2024.

When did Penske Automotive Group pay the last dividend?

The last dividend was paid out on 6/4/2024.

What was the dividend of Penske Automotive Group in the year 2023?

In the year 2023, Penske Automotive Group distributed 2.07 USD as dividends.

In which currency does Penske Automotive Group pay out the dividend?

The dividends of Penske Automotive Group are distributed in USD.