OverviewSuggest Edit

Sonic Automotive is an automotive retailer. The Company's operating segments include Franchised Dealerships and EchoPark. The Company's 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 consists of standalone specialty retail locations that provide customers an opportunity to search, buy, service, finance and sell pre-owned vehicles.

TypePublic
Founded1997
HQCharlotte, US
Websitesonicautomotive.com

Latest Updates

Employees (est.) (Dec 2018)9,700
Job Openings482
Revenue (FY, 2018)$10 B
Share Price (Mar 2019)$13.9

Key People/Management at Sonic Automotive

O. Bruton Smith

O. Bruton Smith

CEO
B. Scott Smith

B. Scott Smith

Chief Strategic Officer
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Sonic Automotive Office Locations

Sonic Automotive has an office in Charlotte
Charlotte, 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 $9.95 b in FY, 2018
USD

Revenue (FY, 2018)

10.0b

Gross profit (FY, 2018)

1.4b

Gross profit margin (FY, 2018), %

14.5%

Net income (FY, 2018)

51.7m

EBIT (FY, 2018)

177.7m

Market capitalization (15-Mar-2019)

595.4m

Closing stock price (15-Mar-2019)

13.9

Cash (31-Dec-2018)

5.9m

EV

1.5b
Sonic Automotive's current market capitalization is $595.4 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

8.8b9.2b9.6b9.7b9.9b10.0b

Revenue growth, %

4%5%1%1%

Cost of goods sold

7.5b7.8b8.2b8.3b8.4b8.5b

Gross profit

1.3b1.4b1.4b1.4b1.5b1.4b
Quarterly
USDQ3, 2013Q1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

2.2b2.2b2.4b2.5b2.2b2.4b2.6b2.3b2.4b2.5b2.4b4.9b2.5b

Cost of goods sold

1.9b1.9b2.1b2.1b1.9b2.0b2.2b1.9b2.0b2.1b2.0b4.2b2.1b

Gross profit

326.1m335.0m355.6m360.3m345.2m353.3m359.1m350.0m360.6m362.6m352.5m714.9m360.5m

Gross profit Margin, %

15%15%15%14%15%15%14%15%15%14%15%15%15%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

3.0m4.2m3.6m3.1m6.4m5.9m

Accounts Receivable

15.8m482.1m

Inventories

1.3b1.3b1.6b1.6b1.5b1.5b

Current Assets

1.7b1.8b2.1b2.0b2.0b2.0b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

9.0m2.1m3.0m1.7m4.0m3.6m2.5m2.4m2.4m2.9m6.6m4.4m13.4m9.2m8.2m7.6m

Inventories

1.2b1.3b1.3b1.2b1.3b1.4b1.4b1.6b1.6b1.5b1.6b1.6b1.4b1.6b1.5b1.5b

Current Assets

1.6b1.7b1.8b1.6b1.7b1.8b1.8b1.9b2.0b1.9b1.9b2.0b1.8b2.0b1.9b1.9b

PP&E

701.0m701.1m712.7m742.1m823.1m829.7m859.9m908.2m951.8m978.0m1.1b1.1b1.1b1.2b1.2b1.2b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

81.6m97.2m86.3m93.2m93.0m51.7m

Depreciation and Amortization

(77.4m)88.9m

Inventories

(78.6m)(56.2m)(291.1m)35.5m57.3m(78.7m)

Accounts Payable

16.6m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

23.3m19.4m46.4m71.1m14.0m14.8m26.5m14.6m22.8m18.1m(541.0m)11.6m31.0m(2.2m)14.7m29.8m

Depreciation and Amortization

(13.7m)(16.4m)(17.3m)(17.2m)(18.5m)(18.9m)(19.9m)(21.2b)

Inventories

12.1m(44.7m)52.1m1.4b1.4b1.6b1.6b1.5b1.6b(51.6m)191.1m(42.8m)(73.1m)(20.3m)

Accounts Payable

113.6m113.5m138.5m129.9m108.2m125.3m
USDY, 2018

EV/EBIT

8.6 x

EV/CFO

10.7 x

Revenue/Employee

1.0m

Financial Leverage

4.6 x
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Sonic Automotive Operating Metrics

FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017

Brands

25 25 25 25 25 25 25 25 25 25 25

Dealerships

100 99 99 96 102 102 111 107 104 105

Franchises

117 118 117 117 114 114 114 114 116 116 117
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Sonic Automotive Revenue Breakdown

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Sonic Automotive revenue breakdown by business segment: 97.4% from Franchised Dealerships Segment and 2.6% from Other

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Sonic Automotive Online and Social Media Presence

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Sonic Automotive News and Updates

Sonic Automotive, Inc. Reports Fourth Quarter and Full Year Results

CHARLOTTE, N.C., Feb. 20, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported financial results for the fourth quarter and full year ended December 31, 2018. Fourth quarter revenue and gross profit of $2.6 billion and...

Sonic Automotive, Inc. Increases Quarterly Cash Dividend 67%

CHARLOTTE, N.C., Feb. 19, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), a leader in automotive retailing, today announced that its Board of Directors approved a quarterly dividend of $0.10 per share payable in cash for stockholders of record on March 15, 2019. The dividend will ...

Sonic Automotive, Inc. Schedules Release Of 2018 Fourth Quarter And Full Year Financial Results

CHARLOTTE, N.C., Feb. 11, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH) today announced it will release fiscal 2018 fourth quarter and full year financial results on Wednesday, February 20, 2019 at 7:30 A.M. (Eastern). Senior management will hold a conference call on Wednesday,...

Sonic Automotive Expands EchoPark Automotive in Houston, Texas

HOUSTON, Dec. 7, 2018 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE listed: SAH, SonicAutomotive.com), a Fortune 300 Company and one of the largest retailers of new & pre-owned vehicles in the United States, opened its eighth EchoPark Automotive specialty pre-owned vehicle store in...

Sonic Automotive, Inc. Announces Executive Leadership Transition

CHARLOTTE, N.C., Sept. 26, 2018 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today announced that its board of directors has elected David Bruton Smith as Chief Executive Officer of the Company and Jeff Dyke as President of the...
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Sonic Automotive Blogs

New Audi A6 Irondale AL 35210

Audi A6You can expect a lot from the 2019 Audi A6. Smooth gearshifts are achieved thanks to the 3 liter 6 cylinder engine, and for added security, dynamic Stability Control supplements the drivetrain. Turbocharger technology provides forced air induction, enhancing performance while preserving fue…

New Audi A6 Irondale AL 35210

Audi A6Come test drive this 2019 Audi A6. This 4 door, 5 passenger sedan is waiting for you to take home! Under the hood you'll find a 6 cylinder engine with more than 300 horsepower, and for added security, dynamic Stability Control supplements the drivetrain. A turbocharger further enhances perf…

Used Land Rover LR2 Glenwood Springs CO 81601

Land Rover LR2 AWD 4drThe 2014 Land Rover LR2. Under the hood you'll find a 4 cylinder engine with more than 200 horsepower, and for added security, dynamic Stability Control supplements the drivetrain. Turbocharger technology provides forced air induction, enhancing performance while preserving f…

New Land Rover Range Rover Sport Glenwood Springs CO 81601

Land Rover Range Rover Sport HSEExperience driving perfection in the 2019 Land Rover Range Rover Sport. Under the hood you'll find a 6 cylinder engine with more than 300 horsepower, and load leveling rear suspension maintains a comfortable ride. Well tuned suspension and stability control deliver …

Used INFINITI QX50 Irondale AL 35210

INFINITI QX50 RWD 4drGet excited about the 2016 INFINITI QX50. With just over 20,000 miles on the odometer, this 4 door sport utility vehicle prioritizes comfort, safety and convenience. It features an automatic transmission, rear-wheel drive, and a refined 6 cylinder engine. INFINITI prioritized …

Used GMC Canyon Fort Myers FL 33908

GMC Canyon 2WD SLT 2WD Crew Cab 128.3 SLTTake command of the road in the 2018 GMC Canyon. This 4 door, 5 passenger truck still has fewer than 5,000 miles! It features an automatic transmission, rear-wheel drive, and a refined 6 cylinder engine. A wealth of standard features means that you no longe…
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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 O. Bruton Smith and B. Scott Smith.

  • How many employees does Sonic Automotive have?

    Sonic Automotive has 9,700 employees.

  • What is Sonic Automotive revenue?

    Latest Sonic Automotive annual revenue is $10 b.

  • What is Sonic Automotive revenue per employee?

    Latest Sonic Automotive revenue per employee is $1 m.

  • Who are Sonic Automotive competitors?

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

  • 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.