Sonic operates and franchises the chain of drive-thru restaurants, Sonic Drive-Ins. The Company operates about 3,593 Sonic Drive-Ins in 45 states, of which 228 are owned and operated by the Company and 3,365 are owned and operated by franchisees. Its food items include specialty drinks, such as cherry limeades and slushes, ice cream desserts and chicken sandwiches and hamburgers.

Type
Public
HQ
Oklahoma City, US
Founded
1953
Size (employees)
373 (est)
Sonic was founded in 1953 and is headquartered in Oklahoma City, US
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Sonic Office Locations

Sonic has an office in Oklahoma City
Oklahoma City, US (HQ)
300 Johnny Bench Dr
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Sonic Financials and Metrics

Sonic Financials

Sonic's revenue was reported to be $606.32 m in FY, 2016
USD

Revenue (Q1, 2018)

105.4 m

Net income (Q1, 2018)

11.4 m

EBIT (Q1, 2018)

22.4 m

Market capitalization (25-Apr-2018)

1 b

Cash (30-Nov-2017)

23.5 m

EV

1.7 b
Sonic's current market capitalization is $1 b.
Annual
usdFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

606.1 m606.3 m

Revenue growth, %

0%

General and administrative expense

79.3 m82.1 m

Operating expense total

79.3 m82.1 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

126.7 m109.7 m152.2 m139.9 m126.2 m164.7 m145.8 m133.2 m165.2 m129.6 m100.2 m124 m105.4 m

General and administrative expense

17 m15.9 m17.6 m18.8 m18.1 m20.7 m20.9 m20.8 m20.6 m19.8 m18.3 m20.8 m19.8 m

Operating expense total

108.3 m97.4 m120.5 m117.3 m109.2 m128.4 m119.8 m110.9 m126.4 m102.5 m77.5 m88.5 m83 m

Depreciation and amortization

9.4 m
Annual
usdY, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

86 m29.5 m52.6 m77.9 m35.7 m27.2 m72.1 m

Accounts Receivable

2.8 m

Inventories

3.7 m3.3 m3.8 m3.3 m

Current Assets

140.7 m95.7 m85.4 m137.7 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

95.9 m35.1 m34.8 m45.2 m27.2 m22.9 m36.8 m36.1 m99.4 m41.1 m33.9 m52.1 m23.5 m

Current Assets

140.7 m87.8 m99.1 m90.3 m78.7 m80.1 m86.7 m85 m171.6 m99.1 m94.8 m118 m86.7 m

Goodwill

77.1 m77.1 m77.1 m77 m77.1 m77.1 m77 m76.9 m76.4 m76.3 m75.8 m75.8 m75.8 m

Total Assets

656.6 m618.6 m641.4 m641.6 m625.8 m623 m616.1 m606.7 m679.7 m593.3 m571.7 m563.8 m552.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

36.7 m47.9 m64.5 m64.1 m

Depreciation and Amortization

40.4 m42.2 m45.9 m44.4 m

Inventories

(76.4 m)(43.3 m)(41.6 m)

Accounts Payable

2.3 m640 k6.5 m2.1 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

8.2 m4.1 m16.8 m10.1 m7.7 m20.4 m12.5 m10.8 m15.4 m13.1 m11 m18.8 m11.4 m

Depreciation and Amortization

10 m10 m11 m11.7 m11.5 m11.4 m11 m11.1 m11.4 m10.3 m9.7 m9.5 m9.4 m

Accounts Payable

15.3 m12.7 m17.4 m19.4 m15.3 m17.9 m18.1 m12.9 m11.1 m1.1 m

Cash From Operating Activities

23.1 m
USDY, 2017

EV/EBIT

74.2 x

EV/CFO

72.2 x

Revenue/Employee

282.6 k

Financial Leverage

-2.3 x
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Sonic Operating Metrics

FY, 2014FY, 2015FY, 2016FY, 2017Jan, 2018

Commitments for Drive-ins

550

Customers per Day

3 m

Owned Restaurants

391 387 345 228

Restaurants

3.52 k3.53 k3.56 k3.59 k
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