Penske (PAG) Q3 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, April 21, 2026 astatine 11:14 AM CDT 33 min read

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Wednesday, October 29, 2025 astatine 2:00 p.m. ET

• Chair and Chief Executive Officer — Roger Penske

• Executive Vice President and Chief Financial Officer — Michelle Hulgrave

• Executive Vice President, North American Operations — Richard Shearing

• Executive Vice President, International Operations — Randall Seymore

• Vice President and Corporate Controller — Tony Facione

• Executive Vice President, Investor Relations — Anthony Pordon

Anthony Pordon: Thank you, Rob. Good afternoon, everyone, and convey you for joining america today. A property merchandise detailing Penske Automotive Group's 3rd 4th 2025 fiscal results was issued this greeting and is posted connected our website, on with a presumption designed to assistance you successful knowing the company's results. As always, I'm disposable by email oregon telephone for immoderate follow-up questions you whitethorn have. Joining maine for today's telephone are Roger Penske, our Chair and CEO; Shelley Hulgrave, EVP and Chief Financial Officer; Rich Shearing, North American Operations; Randall Seymore, International Operations; and Tony Facione, our Vice President and Corporate Controller.

We whitethorn see forward-looking statements connected today's telephone astir our net potential, outlook and different aboriginal events, and we whitethorn besides sermon definite non-GAAP fiscal measures specified arsenic EBITDA. Our aboriginal results whitethorn alteration from our expectations due to the fact that of risks and uncertainties outlined successful today's property release. We besides person prominently presented and reconciled immoderate non-GAAP measures to their astir straight comparable GAAP measures successful this morning's property merchandise and the capitalist presentation, some of which are disposable connected our website. Our aboriginal results whitethorn alteration from our expectations due to the fact that of risks and uncertainties outlined successful today's property merchandise nether forward-looking statements.

I besides nonstop you to our SEC filings, including our Form 10-K and antecedently filed Form 10-Qs for further treatment and factors that could origin aboriginal results to disagree materially from expectations. At this time, I'll present crook the telephone implicit to Roger Penske.

Roger Penske: Thank you, Tony. Good afternoon, everyone. I'm pleased with the show of PAG during Q3. Our teams navigated done respective challenges crossed our concern and delivered coagulated results. Q3 gross was $7.7 billion, up 1%. For the quarter, EBT was $292 million, nett income, $213 cardinal and net per stock of $3.23. Retail automotive same-store gross accrued 5%, which included a 5% summation successful work and parts revenue, partially offset by astir $200 cardinal of annualized gross of strategical divestitures and dealership closures made during the past year. Q3 each twelvemonth typically is impacted by seasonality arsenic we navigate the alteration to a caller exemplary year.