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 Openings350
Revenue (FY, 2018)$10 B
Share Price (Nov 2019)$34.2

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 (Q3, 2019)

1.3b

Gross profit (Q3, 2019)

55.3m

Gross profit margin (Q3, 2019), %

4.4%

Market capitalization (15-Nov-2019)

1.5b

Closing stock price (15-Nov-2019)

34.2

Cash (30-Sep-2019)

2.4m

EV

2.4b
Sonic Automotive's current market capitalization is $1.5 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

7.9b8.4b8.8b9.2b9.6b9.7b9.9b10.0b

Revenue growth, %

4%5%1%1%

Cost of goods sold

6.7b7.1b7.5b7.8b8.2b8.3b8.4b8.5b

Gross profit

1.2b1.2b1.3b1.4b1.4b1.4b1.5b1.4b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.0b2.0b2.0b2.2b2.2b2.1b2.2b2.2b2.2b2.4b2.5b2.2b2.4b2.6b2.3b2.4b2.5b2.4b4.9b746.0m2.4b1.2b1.3b

Cost of goods sold

1.7b1.7b1.7b1.9b1.8b1.8b1.9b1.9b1.9b2.1b2.1b1.9b2.0b2.2b1.9b2.0b2.1b2.0b4.2b710.7m2.0b1.1b1.2b

Gross profit

309.7m302.9m311.9m320.8m307.7m313.0m323.8m326.1m335.0m355.6m360.3m345.2m353.3m359.1m350.0m360.6m362.6m352.5m714.9m35.3m359.0m56.4m55.3m

Gross profit Margin, %

16%15%16%15%14%15%15%15%15%15%14%15%15%14%15%15%14%15%15%5%15%5%4%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.9m3.4m3.0m4.2m3.6m3.1m6.4m

Accounts Receivable

303.3m345.3m15.8m482.1m

Prepaid Expenses

12.4m84.4m

Inventories

863.1m1.2b1.3b1.3b1.6b1.6b1.5b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

11.0m28.0m2.4m5.9m62.5m4.2m3.2m9.0m2.1m3.0m1.7m4.0m3.6m2.5m2.4m2.4m2.9m6.6m4.4m13.4m9.2m8.2m2.7m2.1m2.4m

Accounts Receivable

198.9m200.0m255.0m264.1m240.7m280.9m295.5m293.4m270.4m371.8m364.0m365.0m

Prepaid Expenses

29.3m23.7m19.9m20.6m18.8m47.4m81.9m125.7m137.3m118.6m133.4m126.4m

Inventories

861.7m815.6m986.1m1.0b1.0b1.1b1.2b1.2b1.3b1.3b1.2b1.3b1.4b1.4b1.6b1.6b1.5b1.6b1.6b1.4b1.6b1.5b1.5b1.5b1.5b
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

76.3m89.1m81.6m97.2m86.3m93.2m93.0m51.7m

Depreciation and Amortization

40.7m45.3m(77.4m)88.9m617.0k

Inventories

40.2m(347.6m)(78.6m)(56.2m)(291.1m)35.5m57.3m(78.7m)

Accounts Payable

24.1m21.6m16.6m16.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

36.3m55.7m20.5m48.7m58.7m21.3m30.2m23.3m19.4m46.4m71.1m14.0m14.8m26.5m14.6m22.8m18.1m(541.0m)11.6m31.0m(2.2m)14.7m29.8m42.2m68.8m97.8m

Depreciation and Amortization

19.8m30.1m11.1m22.5m33.6m12.1m25.3m(13.7m)28.8m43.0m(16.4m)(17.3m)(17.2m)(18.5m)(18.9m)(19.9m)(21.2b)325.0k487.0k463.0k1.0k3.0k4.0k

Inventories

41.6m87.7m(130.8m)(180.7m)(195.2m)36.0m(71.8m)12.1m(44.7m)52.1m1.4b1.4b1.6b1.6b1.5b1.6b(51.6m)191.1m(42.8m)(73.1m)(20.3m)(40.2m)(31.6m)(47.7m)

Accounts Payable

27.8m25.6m(5.2m)(23.9m)(43.5m)(47.3m)(62.9m)(34.5m)(22.1m)113.6m113.5m138.5m129.9m108.2m125.3m(13.7m)(14.3m)(6.5m)(16.5m)(45.2m)(42.2m)
USDY, 2019

EV/CFO

-92.9 x

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

Sonic Automotive Online and Social Media Presence

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Sonic Automotive News and Updates

Sonic Automotive shares jump 3.3% after earnings top estimates

Sonic Automotive Inc. shares rose 3.3% Thursday, after the car retailer posted third-quarter earnings that beat analyst estimates. Charlotte, North Carolina-based Sonic said it had net income of $29.0 million, or 66 cents a share, in the quarter, up from $15.1 million, or 35 cents a share, in the y…

Sonic Automotive, Inc. Schedules Release Of 2019 First Quarter Financial Results

CHARLOTTE, N.C., April 2, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH) today announced it will release fiscal 2019 first quarter financial results on Thursday, April 25, 2019 at 7:30 A.M. (Eastern). Senior management will hold a conference call on Thursday, April 25, 2019 at...

Sonic Automotive Receives Top 10 Rank by Training Magazine

CHARLOTTE, N.C., April 1, 2019 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), ranks 6th out of 125 organizations on Training magazine's 2019 Training Top 125 list. This marks the third consecutive year Sonic Automotive has placed in the top 10 of this awards program. The Training Top ...

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,...
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Sonic Automotive Blogs

Used Toyota Tundra Charlotte NC 28273

Toyota Tundra SR5The 2018 Toyota Tundra. This 4 door, 5 passenger truck still has fewer than 30,000 miles! Under the hood you'll find an 8 cylinder engine with more than 350 horsepower, and for added security, dynamic Stability Control supplements the drivetrain. Four wheel drive allows you to go …

Used Toyota RAV4 Fort Myers FL 33912

Toyota RAV4 FWD 4dr 4-cyl 4-Spd AT (Natl)You can expect a lot from the 2008 Toyota RAV4. It features a front-wheel-drive platform, an automatic transmission, and a 2.4 liter 4 cylinder engine. All of the premium features expected of a Toyota are offered, including: 1-touch window functionality, an…

Used Mercedes-Benz M-Class Denver CO 80246

Mercedes-Benz M-Class ML 350 4MATICHere's a great deal on a 2013 Mercedes-Benz M-Class. Under the hood you'll find a 6 cylinder engine with more than 300 horsepower, providing a smooth and predictable driving experience. Mercedes-Benz prioritized comfort and style by including: delay-off headlight…

Used Chrysler 200 Charlotte NC 28273

Chrysler 200 LimitedYou can expect a lot from the 2016 Chrysler 200. With less than 10,000 miles on the odometer, this 4 door sedan prioritizes comfort, safety and convenience. It features a front-wheel-drive platform, an automatic transmission, and a 2.4 liter 4 cylinder engine. Chrysler infused …

Used Toyota Highlander Denver CO 80246

Toyota Highlander Limited V6The 2015 Toyota Highlander. A 3.5 liter V-6 engine pairs with a sophisticated 6 speed automatic transmission, and for added security, dynamic Stability Control supplements the drivetrain. All wheel drive keeps this model firmly attached to the road surface. Top features…

New Mercedes-Benz CLA 250 Denver CO 80246

Mercedes-Benz CLA 250 4MATICYou can expect a lot from the 2020 Mercedes-Benz CLA 250. This 4 door, 5 passenger coupe offers the features and options for which you've been searching. Mercedes-Benz made sure to keep road-handling and sportiness at the top of it's priority list. The engine breathes b…
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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 Asbury Automotive, 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.