OverviewSuggest Edit

Sonic Automotive is an automotive retailer. The company's operating segments include Franchised Dealerships and EchoPark. The Franchised Dealerships segment consists of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle repair and maintenance services, and arrange finance and insurance products. The EchoPark segment sells used cars and light trucks and arranges F&I product sales for our customers in pre-owned vehicle specialty retail locations.

TypePublic
Founded1997
HQCharlotte, NC, US
Websitesonicautomotive.com
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)9,300(-4%)
Job Openings446
Revenue (FY, 2020)$9.8 B(-6%)
Share Price (Jun 2021)$47.6(-1%)
Cybersecurity ratingCMore

Key People/Management at Sonic Automotive

David Bruton Smith

David Bruton Smith

Chief Executive Officer, Director
Heath R. Byrd

Heath R. Byrd

Executive Vice President, Chief Financial Officer
Jeff Dyke

Jeff Dyke

President, Director
William Belk

William Belk

Director
William Brooks

William Brooks

Director
Victor H. Doolan

Victor H. Doolan

Director
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Sonic Automotive Office Locations

Sonic Automotive has an office in Charlotte
Charlotte, NC, US (HQ)
4401 Colwick Rd
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Sonic Automotive Financials and Metrics

Sonic Automotive Revenue

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Sonic Automotive's revenue was reported to be $9.77 b in FY, 2020
USD

Revenue (FY, 2020)

9.8b

Gross profit (FY, 2020)

1.4b

Gross profit margin (FY, 2020), %

14.6%

Net income (FY, 2020)

(51.4m)

EBIT (FY, 2020)

33.9m

Market capitalization (4-Jun-2021)

2.0b

Closing stock price (4-Jun-2021)

47.6

Cash (31-Mar-2021)

77.2m

EV

3.0b
Sonic Automotive's current market capitalization is $2 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

9.9b10.0b10.5b9.8b

Revenue growth, %

1%1%5%

Cost of goods sold

8.4b8.5b8.9b8.3b

Gross profit

1.5b1.4b1.5b1.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

2.4b2.5b2.5b2.4b2.6b2.7b2.3b2.1b2.5b

Cost of goods sold

2.0b2.1b2.1b2.0b2.2b2.3b2.0b1.8b2.2b

Gross profit

352.5m362.4m360.5m359.0m381.3m391.8m350.6m307.4m376.6m

Gross profit Margin, %

15%14%15%15%15%14%15%15%15%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

6.4m5.9m29.1m170.3m

Accounts Receivable

482.1m438.2m432.7m371.7m

Inventories

1.5b1.5b1.5b1.2b

Current Assets

2.0b2.0b2.0b1.9b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

9.2m8.2m7.6m2.7m2.1m2.4m181.8m115.7m125.7m77.2m

Accounts Receivable

367.9m347.8m350.9m371.8m364.0m365.0m200.9m322.7m286.9m373.5m

Inventories

1.6b1.5b1.5b1.5b1.5b1.5b1.6b1.2b1.1b1.2b

Current Assets

2.0b1.9b1.9b2.0b2.0b2.0b2.1b1.7b1.7b1.8b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

93.0m51.7m144.1m(51.4m)

Depreciation and Amortization

88.9m93.6m89.9m4.0k

Inventories

57.3m(78.7m)(78.5m)278.1m

Accounts Payable

16.6m16.0m(21.4m)(55.5m)
USDFY, 2017

Revenue/Employee

1.0m

Debt/Equity

3.2 x

Debt/Assets

0.7 x

Financial Leverage

4.9 x
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Sonic Automotive Operating Metrics

FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Brands

232323232323232321212121

Franchises

11411210710710810410410399999897

Repair Centers

181815151515151515151514

Stores (EchoPark)

78888991011
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Sonic Automotive Acquisitions / Subsidiaries

Company NameDateDeal Size
AM GA, LLC
AM Realty GA, LLC
AnTrev, LLC
Arngar, Inc.
Autobahn, Inc.
Avalon Ford, Inc.
Car Cash of North Carolina, Inc.
Cornerstone Acceptance Corporation
ECHOPARK: AM GA, LLC
ECHOPARK: AM Realty GA, LLC
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Sonic Automotive Revenue Breakdown

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Sonic Automotive revenue breakdown by business segment: 11.1% from EchoPark and 88.9% from Franchised Dealerships

Sonic Automotive Cybersecurity Score

Cybersecurity ratingPremium dataset

C

73/100

SecurityScorecard logo

Sonic Automotive Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Sonic Automotive Online and Social Media Presence

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Sonic Automotive Company Culture

  • Overall Culture

    C-

    62/100

  • CEO Rating

    C-

    64/100

  • Compensation

    C

    62/100

  • Diversity

    F

    48/100

Learn more on Comparably

Sonic Automotive News and Updates

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonic Automotive, Inc. - SAH

NEW YORK, March 24, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonic Automotive, Inc. ("Sonic" or the "Company") (NYSE: SAH). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sonic Automotive, Inc. - SAH

NEW YORK, March 12, 2021 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Sonic Automotive, Inc. ("Sonic" or the "Company") (NYSE: SAH). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The...

Kaskela Law LLC Announces Stockholder Investigation of Sonic Automotive, Inc. (SAH) and Encourages SAH Stockholders to Contact the Firm

PHILADELPHIA, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Sonic Automotive, Inc. (“Sonic” or the “Company”) (NYSE: SAH) on behalf of the Company’s stockholders.

Sonic Automotive sees Q3 EPS of $1.08 to $1.15 as September sales recover from pandemic lows

Sonic Automotive Inc. said Tuesday it expects third-quarter per-share earnings to range from $1.08 to $1.15, up 64% to 74% from the same period a year ago. The FactSet consensus is for EPS of $1.43. The car retailer said new vehicle sales were down 9% in September to date, after falling 21% in Augu…

SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Sonic Automotive, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK, Aug. 31, 2020 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Sonic Automotive, Inc. (NYSE: SAH). If you are...
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Sonic Automotive Blogs

Used Volkswagen Golf North Bethesda MD 20852

Volkswagen Golf TSI S w/SunroofGet excited about the 2015 Volkswagen Golf. This 4 door, 5 passenger hatchback has not yet reached the 50,000 mile mark! Performance and efficiency are both prioritized thanks to the 1.8 liter 4 cylinder engine, favoring both performance and efficiency. The engine br…

Used Audi S3 Clearwater FL 33765

Audi S3 Prestige Sedan 4DCome test drive this 2016 Audi S3. This 4 door, 5 passenger sedan has not yet reached the 50,000 mile mark! Under the hood you'll find a 4 cylinder engine with more than 200 horsepower, providing a smooth and predictable driving experience. The engine breathes better thank…

Used Volkswagen Passat Clearwater FL 33765

Volkswagen Passat 2.5L SE Sedan 4DDiscerning drivers will appreciate the 2013 Volkswagen Passat. With fewer than 45,000 miles on the odometer, this 4 door sedan prioritizes comfort, safety and convenience. Under the hood you'll find a 5 cylinder engine with more than 170 horsepower, and for added …

Used Mercedes-Benz AMG C 43 Walnut Creek CA 94596

Mercedes-Benz AMG C 43 AMG C 43You can expect a lot from the 2017 Mercedes-Benz AMG C43 This 4 door, 5 passenger sedan still has less than 25,000 miles! Under the hood you'll find a 6 cylinder engine with more than 300 horsepower, and for added security, dynamic Stability Control supplements the d…

Used Jeep Compass Clearwater FL 33765

Jeep Compass High Altitude Edition (FWD 4dr High Altitude EditiCome test drive this 2016 Jeep Compass. It features an automatic transmission, front-wheel drive, and a 2 liter 4 cylinder engine. Top features include front bucket seats, leather upholstery, 1-touch window functionality, a tachometer,…

Used Kia Sorento Charlotte NC 28273

Kia Sorento LXFamiliarize yourself with the 2014 Kia Sorento. Under the hood you'll find a 4 cylinder engine with more than 170 horsepower, and for added security, dynamic Stability Control supplements the drivetrain. Kia infused the interior with top shelf amenities, such as: a rear window wiper,…
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Sonic Automotive Frequently Asked Questions

  • When was Sonic Automotive founded?

    Sonic Automotive was founded in 1997.

  • Who are Sonic Automotive key executives?

    Sonic Automotive's key executives are David Bruton Smith, Heath R. Byrd and Jeff Dyke.

  • How many employees does Sonic Automotive have?

    Sonic Automotive has 9,300 employees.

  • What is Sonic Automotive revenue?

    Latest Sonic Automotive annual revenue is $9.8 b.

  • What is Sonic Automotive revenue per employee?

    Latest Sonic Automotive revenue per employee is $1.1 m.

  • Who are Sonic Automotive competitors?

    Competitors of Sonic Automotive include Asbury Automotive Group, Capital One and Group 1 Automotive.

  • Where is Sonic Automotive headquarters?

    Sonic Automotive headquarters is located at 4401 Colwick Rd, Charlotte.

  • Where are Sonic Automotive offices?

    Sonic Automotive has an office in Charlotte.

  • How many offices does Sonic Automotive have?

    Sonic Automotive has 1 office.