Penske Truck Leasing
How we got $3.0M
Based on typical figures for its industry (2022 Economic Census), not its own records.
What we know
Signs of a sale Likely to sell
- In business 57 years (since 1969)
- Founder still runs it after 57 years
From public records and the company's website, not a statement that it's for sale.
What they do
Penske Truck Leasing offers truck rental, leasing, logistics solutions and used trucks, serving both families moving across town and corporations with global distribution networks.
From the company's website. Industry: Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| Penske Truck Leasing this business | $2.0M | — |
| Hertz Enid | $2.0M | 0.8 mi |
| EAST-CO RENTAL TOOLS INC Enid · 5 employees | $2.4M | 1.9 mi |
| Pine Valley Apartments Enid | $959K | 2.5 mi |
| DH VENTURES, INC. Enid | $6.0M | 2.5 mi |
| KHOSHROO & SONS COMPANY LLC Enid · 2 employees | $1.2M | 2.5 mi |
| U-Haul Neighborhood Dealer Enid | $2.0M | 3.8 mi |
The full calculation
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $3.0M |
| Multiple for this size and industry | 3.8× |
| Value range | $775K – $5.5M |
This business has no PPP loan on record, so there is no business-specific data. The figures are the typical estimated revenue of Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing businesses in our Oklahoma data: the middle value, with the range covering the middle half of those businesses. EBITDA applies the industry margin (41%). Treat these as a rough guide.
| Revenue range | $627K – $3.0M |
| EBITDA range | $255K – $1.2M |
| Industry (NAICS) | Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing (532120) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology
History & advisors
“Roger Penske founded our company Dec. 1, 1969, after purchasing a car and light-truck rental and leasing business serving eastern Pennsylvania, with just three locations.”
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Penske Truck Leasing
Penske Truck Leasing is a truck, utility trailer, and rv (recreational vehicle) rental and leasing company in Enid, Oklahoma, in business since 1969. It is owned by Roger Penske (Founder). Its estimated annual revenue is about $2.0M, with roughly $796K of EBITDA. Its estimated business value is $3.0M (likely range $775K–$5.5M).
Common questions
- Who owns Penske Truck Leasing?
- Penske Truck Leasing is owned by Roger Penske (Founder), according to public sources such as the company's website or filings.
- How much revenue does Penske Truck Leasing make?
- SeeBITDA estimates Penske Truck Leasing's annual revenue at about $2.0M (likely between $627K and $3.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Penske Truck Leasing worth?
- About $3.0M, roughly 3.8× its estimated EBITDA of $796K, typical for a truck, utility trailer, and rv (recreational vehicle) rental and leasing company its size. Likely range: $775K–$5.5M.
- When was Penske Truck Leasing founded?
- Penske Truck Leasing has been in business since 1969.
- Is Penske Truck Leasing for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 57 years (since 1969); founder still runs it after 57 years.