Tearsheet

Sonic Automotive (SAH)

Market Price (12/18/2025): $64.855 | Market Cap: $2.2 Bil
Sector: Consumer Discretionary | Industry: Automotive Retail

Sonic Automotive (SAH)

Market Price (12/18/2025): $64.855
Market Cap: $2.2 Bil
Sector: Consumer Discretionary
Industry: Automotive Retail

Investment Highlights Why It Matters Which of these 2 stories sounds closer for this stock?

1. Generates cash flow

The stock generated 4% or more of the share price (called cash flow yield), and shows moderate 10-15% or more growth.

2. Riding a trend

Think Tesla during the pandemic of 2020 when EVs were riding a cultural high, or Nvidia in the current AI boom, or even Figma. These companies don’t have enough yield, or, enough growth, or both - however - they are riding a trend. They have momentum. These can be more volatile - they don’t have the floor of strong cash flow

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, FCF Yield is 17%	Weak multi-year price returns 2Y Excs Rtn is -15%, 3Y Excs Rtn is -34%	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 157%
1	Low stock price volatility Vol 12M is 40%		Key risks SAH key risks include threats to its traditional dealership model from [1] the rise of direct-to-consumer sales and [2] the potential for reduced high-margin service revenue due to the market's shift toward lower-maintenance electric vehicles.
2	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more.

0	Attractive yield Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, FCF Yield is 17%
1	Low stock price volatility Vol 12M is 40%
2	Megatrend and thematic drivers Megatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Online Marketplaces, Direct-to-Consumer Brands, Show more.
3	Weak multi-year price returns 2Y Excs Rtn is -15%, 3Y Excs Rtn is -34%
4	Debt is significant Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 157%
5	Key risks SAH key risks include threats to its traditional dealership model from [1] the rise of direct-to-consumer sales and [2] the potential for reduced high-margin service revenue due to the market's shift toward lower-maintenance electric vehicles.

Valuation, Metrics & Events

	12/18/25	2024	2023	2022	2021
Share Price CYE	$64.86	$62.03	$53.85	$46.14	$45.27
Market Cap CYE ($ Bil)	2.2	2.1	1.8	1.7	1.8
Total Debt ($ Bil)	4.2	4.1	3.9	3.5	3.3
Total Cash ($ Bil)	0.1	0.0	0.0	0.2	0.3
Enterprise Value ($ Bil)	6.3	6.2	5.7	5.2	5.1
Valuation Ratios
P/S TTM	0.17	0.15	0.14	0.14	0.17
P/EBIT TTM	7.01	4.75	4.73	6.07	3.95
P/FCF TTM	6.00	-27.66	-8.97	10.65	252.74
P/E TTM	19.96	10.00	11.04	21.55	5.87
Sector Ratios
P/S TTM (Sector)	0.84	0.82	0.91	0.85	1.37
P/EBIT TTM (Sector)	8.72	8.65	8.16	6.77	9.44
P/FCF TTM (Sector)	11.45	12.48	9.36	7.26	10.16
P/E TTM (Sector)	10.73	11.10	10.35	8.39	10.68

	12/18/25	2024	2023
Share Price CYE	$64.86	$62.03	$53.85
Market Cap CYE ($ Bil)	2.2	2.1	1.8
Total Debt ($ Bil)	4.2	4.1	3.9
Total Cash ($ Bil)	0.1	0.0	0.0
Enterprise Value ($ Bil)	6.3	6.2	5.7
Valuation Ratios
P/S TTM	0.17	0.15	0.14
P/EBIT TTM	7.01	4.75	4.73
P/FCF TTM	6.00	-27.66	-8.97
P/E TTM	19.96	10.00	11.04
Sector Ratios
P/S TTM (Sector)	0.84	0.82	0.91
P/EBIT TTM (Sector)	8.72	8.65	8.16
P/FCF TTM (Sector)	11.45	12.48	9.36
P/E TTM (Sector)	10.73	11.10	10.35

	SAH	S&P 500
REVENUE GROWTH	FAIR
Rev LTM ($ Bil)	15.2
Rev Chg Q	13.8%	7.3%
Rev Chg LTM	9.1%	6.0%
Rev Chg 3Y Avg	3.9%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	0.6
CFO LTM ($ Bil)	0.6
Net Inc LTM ($ Bil)	0.1
Op Mgn LTM	3.6%	18.8%
CFO/Rev LTM	3.9%	20.4%
Net Inc Mgn	0.9%	13.1%
VALUATION	LOW
P/S	0.2	3.2
P/CFO	4.4	16.0
P/FCF	6.0	20.8
P/E	20.0	23.5
STABILITY	POOR
Debt/Equity	1.60	0.21
Cash/Assets	0.01	0.07

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Metric	Value	Date	Source
Same Store Retail New Vehicle Unit Sales Volume Growth	8%	9302025	Link
Same Store Retail Used Vehicle Unit Sales Volume Growth	3%	9302025	Link
Same Store Retail New Vehicle Gross Profit per Unit	$2,852	9302025	Link
Same Store Retail Used Vehicle Gross Profit per Unit	$1,530	9302025	Link
Same Store Finance & Insurance Gross Profit per Retail Unit	$2,500	9302025	Link
Franchised Dealerships New Vehicle Inventory Days' Supply	51 days	9302025	Link
Franchised Dealerships Used Vehicle Inventory Days' Supply	34 days	9302025	Link
EchoPark Segment Retail Used Vehicle Unit Sales Volume	16,353	9302025	Link
EchoPark Segment Used Vehicle Inventory Days' Supply	37 days	9302025	Link
Number of Franchised Dealerships	111	11082025	Link
Number of EchoPark Locations	18	7082025	Link
Number of Collision Centers	16	8142025	Link
Number of Powersports Locations	14	8142025	Link

Recent
12/15/2025	Dividend	Amount: $0.38 Payment On: 1/15/2026
Upcoming
2/11/2026	Earnings Release	Rev: - EPS: -

SAH Stock

Return (1M):

Why The Stock Moved

Qualitative Assessment

AI Generated Analysis | Feedback

Here are the key points for the approximate -20.3% stock movement for Sonic Automotive (SAH) from August 31, 2025, to December 18, 2025: 1. Sonic Automotive reported an adjusted Earnings Per Share (EPS) miss for Q3 2025. The company's adjusted EPS of $1.41 fell significantly short of the Zacks Consensus Estimate of $1.82, representing a -22.53% earnings surprise. This miss led to a substantial decline in the stock price on the day of the earnings release.

2. Net income in Q3 2025 was negatively impacted by increased operating costs. Reported net income for the third quarter was down 37% year-over-year, largely driven by a significant increase in medical expenses and a higher effective income tax rate.

Stock Movement Drivers

Fundamental Drivers

The -16.4% change in SAH stock from 9/17/2025 to 12/17/2025 was primarily driven by a -20.0% change in the company's Net Income Margin (%).

	9172025	12172025	Change
Stock Price ($)	77.56	64.83	-16.41%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	14695.80	15178.10	3.28%
Net Income Margin (%)	1.07%	0.86%	-19.99%
P/E Multiple	16.76	17.00	1.45%
Shares Outstanding (Mil)	34.10	34.20	-0.29%
Cumulative Contribution			-16.41%

LTM = Last Twelve Months as of date shown

Market Drivers

9/17/2025 to 12/17/2025

	Return	Correlation
SAH	-16.4%
Market (SPY)	1.9%	21.1%
Sector (XLY)	-0.0%	27.3%

Fundamental Drivers

The -15.6% change in SAH stock from 6/18/2025 to 12/17/2025 was primarily driven by a -49.1% change in the company's Net Income Margin (%).

	6182025	12172025	Change
Stock Price ($)	76.80	64.83	-15.59%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	14491.60	15178.10	4.74%
Net Income Margin (%)	1.69%	0.86%	-49.10%
P/E Multiple	10.64	17.00	59.74%
Shares Outstanding (Mil)	33.90	34.20	-0.88%
Cumulative Contribution			-15.59%

LTM = Last Twelve Months as of date shown

Market Drivers

6/18/2025 to 12/17/2025

	Return	Correlation
SAH	-15.6%
Market (SPY)	12.7%	24.0%
Sector (XLY)	15.0%	38.4%

Fundamental Drivers

The 1.2% change in SAH stock from 12/17/2024 to 12/17/2025 was primarily driven by a 53.1% change in the company's P/E Multiple.

	12172024	12172025	Change
Stock Price ($)	64.05	64.83	1.22%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	13913.30	15178.10	9.09%
Net Income Margin (%)	1.41%	0.86%	-39.04%
P/E Multiple	11.10	17.00	53.12%
Shares Outstanding (Mil)	34.00	34.20	-0.59%
Cumulative Contribution			1.22%

LTM = Last Twelve Months as of date shown

Market Drivers

12/17/2024 to 12/17/2025

	Return	Correlation
SAH	1.2%
Market (SPY)	12.1%	45.6%
Sector (XLY)	1.5%	52.3%

Fundamental Drivers

The 42.1% change in SAH stock from 12/18/2022 to 12/17/2025 was primarily driven by a 265.6% change in the company's P/E Multiple.

	12182022	12172025	Change
Stock Price ($)	45.62	64.83	42.12%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	13595.00	15178.10	11.64%
Net Income Margin (%)	2.76%	0.86%	-68.91%
P/E Multiple	4.65	17.00	265.63%
Shares Outstanding (Mil)	38.30	34.20	10.70%
Cumulative Contribution			40.49%

LTM = Last Twelve Months as of date shown

Market Drivers

12/18/2023 to 12/17/2025

	Return	Correlation
SAH	23.4%
Market (SPY)	44.9%	41.7%
Sector (XLY)	35.9%	46.6%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
SAH Return	26%	29%	2%	17%	15%	5%	134%
Peers Return	45%	44%	-7%	48%	13%	6%	249%
S&P 500 Return	16%	27%	-19%	24%	23%	14%	108%
Monthly Win Rates [3]
SAH Win Rate	58%	50%	67%	67%	50%	50%
Peers Win Rate	70%	60%	50%	60%	50%	55%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
SAH Max Drawdown	-68%	0%	-29%	-20%	-14%	-12%
Peers Max Drawdown	-59%	-3%	-23%	-1%	-14%	-13%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: LAD, PAG, AN, GPI, ABG. See SAH Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/17/2025 (YTD)

How Low Can It Go

Unique Key	Event	SAH	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-38.8%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	63.5%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	70 days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-70.2%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	235.3%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	105 days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-49.2%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	96.7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	212 days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-97.1%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	3358.9%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	3,884 days	1,480 days

Compare to CPRT, LAD, AN, KMX, ABG

In The Past

Sonic Automotive's stock fell -38.8% during the 2022 Inflation Shock from a high on 9/27/2021. A -38.8% loss requires a 63.5% gain to breakeven.

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About Sonic Automotive (SAH)

Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. As of December 31, 2021, the company operated 140 new vehicle franchises representing 28 brands of cars and light trucks; 17 collision repair centers in 17 states; and 46 EchoPark stores in 16 states, including 11 Northwest Motorsport pre-owned vehicle stores. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.

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Here are 1-3 brief analogies for Sonic Automotive (SAH):

The Best Buy of car sales
A Home Depot for vehicles

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New Vehicle Sales: Selling a wide range of new cars, trucks, and SUVs from various manufacturers.
Pre-Owned Vehicle Sales: Selling certified and non-certified used cars, trucks, and SUVs, including through their EchoPark Automotive brand.
Parts & Service (Automotive Maintenance & Repair Services): Providing maintenance, repair, and collision services, along with selling genuine manufacturer and aftermarket parts.
Finance & Insurance Products (Financial Services & Insurance Services): Offering vehicle financing options, extended service contracts, vehicle protection plans, and other insurance products.

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Sonic Automotive (SAH) Major Customers

Sonic Automotive (SAH) is a public company that operates as an automotive retailer, owning and operating franchised dealerships for new vehicles and standalone used vehicle stores (primarily through its EchoPark Automotive brand). As such, the company sells primarily to **individuals**. The up to three major categories of customers that Sonic Automotive serves are:

New Vehicle Buyers: Individuals who purchase brand new cars, trucks, and SUVs from the various manufacturer brands represented by Sonic Automotive's franchised dealerships (e.g., Mercedes-Benz, BMW, Honda, Toyota, Ford, Chevrolet, etc.).
Used Vehicle Buyers: Individuals seeking to purchase pre-owned vehicles. This category is significantly served by Sonic Automotive's EchoPark Automotive brand, which specializes in a transparent and streamlined used car buying experience, as well as used vehicle sales from their new car dealerships.
Service & Parts Customers: Individuals who utilize Sonic Automotive's dealership service departments for vehicle maintenance, repairs, and the purchase of automotive parts and accessories. These customers may or may not have originally purchased their vehicle from a Sonic Automotive dealership.

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David Bruton Smith

Chairman and Chief Executive Officer

David Bruton Smith was elected Chief Executive Officer of Sonic Automotive in September 2018 and Chairman of the Board in July 2022. He has been with Sonic's organization since 1998, serving in various leadership capacities including Executive Vice Chairman, Chief Strategic Officer, Vice Chairman, Executive Vice President, Senior Vice President of Corporate Development, and Vice President of Corporate Strategy. Earlier in his career, he worked as a Dealer Operator and General Manager for several Sonic dealerships. Mr. Smith also serves as a director and officer of Sonic Financial Corporation, the company's largest stockholder, and is a co-owner and director of Speedway Motorsports, a company founded by his father, Bruton Smith.

Heath R. Byrd

Executive Vice President and Chief Financial Officer

Heath R. Byrd has served as Executive Vice President and Chief Financial Officer of Sonic Automotive since April 2013. He initially joined Sonic in November 2007 as Chief Information Officer and Vice President. Prior to his tenure at Sonic, Mr. Byrd held multiple leadership roles at HRAmerica, including President, Chief Operating Officer, and Chief Financial Officer. He was also a Manager in the Management Consulting Group at Ernst & Young, where he specialized in financial strategy and mergers & acquisitions, and served as Vice President of Operations at Union Memorial Hospital. Notably, Mr. Byrd was a partner and president of an IT and HR outsourcing company that he and his partners sold in 2007.

Jeff Dyke

President and Director

Jeff Dyke has over 25 years of experience in the automotive retail industry. He has been the President of Sonic Automotive since October 2018 and was elected to the company's Board of Directors in July 2019. Mr. Dyke joined Sonic in October 2005 as Vice President of Retail Strategy and subsequently held positions such as Division Vice President - Eastern Division, Division Chief Operating Officer – Southeast Division, and Executive Vice President of Operations. In his role as Executive Vice President of Operations, he was responsible for the direct oversight of Sonic's retail automotive operations and EchoPark Automotive.

C. G. Saffer

Vice President & Chief Accounting Officer

C. G. Saffer has served as the Chief Accounting Officer and Vice President of Sonic Automotive Inc since April 2002.

Stephen Carvelli

Chief Technology Officer

Stephen Carvelli is the Chief Technology Officer at Sonic Automotive.

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The key risks to Sonic Automotive's business include:

Intense Competition and the Evolution of Automotive Retail: Sonic Automotive operates in a highly competitive automotive retail market, facing pressure from traditional competitors as well as new entrants and technology-focused companies. A significant aspect of this risk is the emergence of direct-to-consumer sales models favored by manufacturers like Tesla and Carvana, which challenge the traditional dealership model and could erode both new and used vehicle sales and compress gross margins long-term. Additionally, the increasing adoption of electric vehicles (EVs) poses a threat, as EVs generally require less service and maintenance, potentially impacting Sonic Automotive's high-margin after-sales service revenue streams.
Economic Uncertainties and Cyclicality of Automotive Sales: Sonic Automotive's revenue is highly vulnerable to economic fluctuations due to its dependence on the cyclical automotive sales market. Key economic indicators such as inflation, interest rates, and consumer confidence directly impact consumer vehicle purchasing power, leading to significant fluctuations in demand. Periods of economic uncertainty or contraction can negatively affect vehicle sales volume and profitability.
Cybersecurity Risks: As the automotive retail industry increasingly digitalizes its operations, cybersecurity risks represent a significant threat to Sonic Automotive. Such risks could lead to disruptions in information systems, data breaches, and other adverse impacts, affecting the company's operations and financial results.

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Direct-to-consumer (DTC) sales models by automotive manufacturers, particularly for Electric Vehicles (EVs), directly threaten the traditional franchised dealership model. Manufacturers like Tesla, Rivian, and Lucid operate without traditional dealerships, and established OEMs such as Ford and GM are exploring or implementing variations for their EV lines, potentially bypassing or significantly altering the role of the dealer in new car sales.
The accelerating shift towards Electric Vehicles (EVs) presents a threat to Sonic Automotive's highly profitable service and parts business. EVs typically require significantly less routine maintenance (e.g., no oil changes, spark plug replacements, or complex exhaust systems) compared to internal combustion engine vehicles, potentially leading to a long-term erosion of a key revenue and profit stream for dealerships.

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Sonic Automotive (SAH) operates primarily in the United States, with its main products and services encompassing several key segments of the automotive market. The addressable markets for these services are as follows:

Used Car Market (U.S.): The U.S. used car market was valued at approximately $322.01 billion in 2024 and is projected to reach nearly $539.70 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.30% between 2025 and 2034. Other estimates place the 2024 market size at $248.17 billion, growing to $1.20 trillion by 2030 at a CAGR of 2.71% from 2025 to 2030, or $253.47 billion in 2024, expected to reach $591.12 billion by 2035 with a CAGR of approximately 8.20% from 2025 to 2034. The market also reached 38.6 million units in 2025 and is estimated to reach 51.4 million units by 2034, with a CAGR of 3.23% from 2026-2034.
New Car Market (U.S.): While Sonic Automotive sells new cars through its franchised dealerships, specific addressable market size figures for new car sales by value were not readily available in the provided search results.
Automotive Aftermarket (U.S.) - including parts, service, collision repair, extended warranties, and F&I: The entire U.S. automotive aftermarket, including light, medium, and heavy-duty vehicles, is projected at nearly $535 billion in 2024 and is expected to be around $574 billion in 2026. More specifically, the U.S. light-duty aftermarket parts market is projected to be over $400 billion in 2024, with a CAGR of nearly 6% projected through 2026. Another report estimates the U.S. automotive aftermarket industry size at $228.19 billion in 2024, growing to approximately $350.64 billion by 2034, at a CAGR of 4.39% from 2025 to 2034. The U.S. automotive aftermarket industry size was also estimated at $205.81 billion in 2022 and is expected to grow to $281.98 billion by 2030, with a CAGR of 4.1% from 2023 to 2030.
Powersports Market (U.S.): Information on the specific addressable market size for the Powersports segment in the U.S. was not found in the provided search results.

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Sonic Automotive (SAH) is expected to experience future revenue growth driven by several key factors over the next two to three years:

Expansion and Performance Improvement in the EchoPark Segment: Sonic Automotive anticipates a resumption of disciplined long-term growth for its EchoPark used vehicle segment as market conditions for used vehicles continue to improve. The expansion of EchoPark stores presents a significant opportunity to capitalize on the increasing demand for used vehicles, diversify the company's revenue base, and tap into a market segment that often offers higher margins than new vehicle sales. In Q3 2024, EchoPark's retail unit sales volume saw a 2% year-over-year increase on a same-market basis.
Strategic Acquisitions, Particularly of Luxury Dealerships: The company's strategy includes the ongoing optimization of its dealership portfolio through strategic acquisitions, focusing on high-performing, luxury-branded stores in growing markets. For example, the acquisition of Jaguar Land Rover Santa Monica is projected to boost annual revenues by $125 million and enhance Sonic Automotive's position in the luxury segment. Such acquisitions are expected to lead to market consolidation and increased market share.
Growth in Fixed Operations (Parts, Service, and Collision Repair): Sonic Automotive has demonstrated strong performance in its fixed operations, which include parts, service, and collision repair. In Q3 2024, same-store fixed operations gross profit increased by 8%. This segment's revenue growth is also expected to benefit from an aging vehicle fleet and the increasing complexity of repairs. This diversified revenue stream provides stability and multiple avenues for growth.
Expansion of the Powersports Segment: The Powersports segment is identified as a growth area for Sonic Automotive. This segment generated revenues of $59.4 million and gross profit of $17.7 million in the third quarter of 2024. Furthermore, the Powersports segment achieved record revenues and adjusted EBITDA in Q3 2025.

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Share Repurchases

  Sonic Automotive spent an average of $151 million annually on share repurchases between 2020 and 2023.
  As of March 31, 2024, $260 million remained under the company's current share buyback authorization.
  The company reduced its total shares outstanding by more than one-fifth through buybacks from the first quarter of 2020 to the first quarter of 2024.


Share Issuance

  Class A Common Stock shares issued increased from 69,396,726 at December 31, 2024, to 70,130,223 at September 30, 2025, indicating some net issuance, likely related to stock compensation plans.


Outbound Investments

  In the third quarter of 2025, Sonic Automotive completed the acquisition of Jaguar Land Rover Santa Monica.


Capital Expenditures

  Capital expenditures have been consistent, averaging between $40 million and $80 million per quarter.
  These expenditures are primarily focused on the purchase of land and buildings, the construction of new franchised dealerships, EchoPark stores, collision repair centers, building improvements, and equipment for these operations.
  In the three months ended March 31, 2022, capital expenditures totaled approximately $58.8 million, with significant allocations to both the Franchised Dealerships and EchoPark segments.

Better Bets than Sonic Automotive (SAH)

	SAH	Better Performance than SAH
Metric	Value	INDUSTRY: Automotive Retail
Rev Chg LTM	9.1%	CVNA (45.5%), ACVA (23.4%), GPI (19.4%), DRVN (18.6%), KFS (17.7%)
Rev Chg 3Y Avg	3.9%	CVNA (11.6%), LAD (11.0%), ORLY (7.5%), AZO (5.3%), PAG (4.3%)
Op Mgn LTM	3.6%	ORLY (19.3%), AZO (19.1%), CVNA (9.4%), PAG (4.2%), LAD (4.1%)
CFO/Rev LTM	3.9%	AZO (16.5%), ORLY (15.8%), ABG (4.9%), KMX (4.6%), MUSA (4.2%)
FCF/Rev LTM	2.9%	AZO (9.5%), ORLY (8.9%), PHIN (5.1%), ABG (3.5%), CVNA (3.0%)
Total Yield	6.8%	LAD (12.0%), PAG (10.4%), AN (8.1%), GPI (7.2%), MUSA (6.9%)
P/S	0.2	RDNW (0.2), CWH (0.2)
P/Op Inc	4.7	CWH (4.5), ABG (4.7)

	SAH	Better Performance than SAH
Metric	Value	SECTOR: Consumer Discretionary
Rev Chg LTM	9.1%	MELI (36.9%), DASH (24.5%), BKNG (13.0%), AMZN (10.9%), ABNB (10.2%)
Rev Chg 3Y Avg	3.9%	BKNG (17.8%), AMZN (11.3%), TSLA (9.3%), TJX (6.2%), MCD (4.2%)
Op Mgn LTM	3.6%	MCD (46.1%), BKNG (34.5%), HD (13.0%), AMZN (11.4%), TSLA (5.1%)
CFO/Rev LTM	3.9%	MCD (39.9%), BKNG (33.2%), AMZN (18.1%), TSLA (16.5%), HD (10.6%)
FCF/Rev LTM	2.9%	BKNG (31.9%), MCD (28.1%), HD (8.4%), TJX (7.5%), TSLA (7.1%)
Total Yield	6.8%	F (13.6%), PHM (10.8%), LEN (10.0%), DHI (9.1%), CCL (7.2%)
P/S	0.2	GT (0.1), AXL (0.1), ADNT (0.1), CWH (0.2), KSS (0.2)
P/Op Inc	4.7	CZR (2.7), GT (3.4), WEN (4.6), CROX (4.6), ABG (4.7)

	SAH	Better Performance than SAH
Metric	Value	ALL OTHER SECTORS
Rev Chg LTM	9.1%	NVDA (65.2%), AVGO (28.0%), META (21.3%), MSFT (15.6%), GOOGL (13.4%)
Rev Chg 3Y Avg	3.9%	NVDA (91.6%), AVGO (24.0%), META (17.3%), MSFT (13.2%), GOOGL (11.0%)
Op Mgn LTM	3.6%	NVDA (58.8%), MSFT (46.3%), META (43.2%), GOOGL (32.2%), AAPL (31.9%)
CFO/Rev LTM	3.9%	META (56.8%), MSFT (50.0%), NVDA (44.4%), GOOGL (39.3%), AAPL (26.6%)
FCF/Rev LTM	2.9%	NVDA (41.3%), MSFT (26.6%), META (23.7%), AAPL (23.5%), GOOGL (19.1%)
Total Yield	6.8%	XOM (9.8%), JNJ (8.4%), UNH (8.1%), BAC (7.7%), KO (7.5%)
P/S	0.2	CNC (0.1), INGM (0.1), ACI (0.1), AAL (0.1), CAH (0.2)
P/Op Inc	4.7	CHTR (2.8), IBKR (3.6), RCI (3.8), BCE (4.0), EIX (4.1)

		Best Bets In Consumer Discretionary Sector
	SAH	ABNB	BKNG	MCD	ETSY	LOPE	ALSN	GRMN	CROX	WH	YUM
What You Pay
P/E	20.0	28.2	34.7	25.7	36.2	28.8	10.2	30.2	19.7	18.1	29.2
P/EBIT	7.0	27.4	20.8	17.7	15.9	19.2	7.5	26.7	17.2	10.6	16.9
What You Get
Rev Chg Q	13.8%	9.7%	12.7%	3.0%	2.4%	9.6%	-15.9%	11.7%	3.4%	-3.5%	8.4%
Rev Chg LTM	9.1%	10.2%	13.0%	1.2%	2.0%	7.0%	-4.2%	16.6%	2.0%	3.4%	11.6%
Rev Chg 3Y Avg	3.9%	14.2%	17.8%	4.2%	4.9%	6.5%	4.6%	12.2%	14.5%	-2.5%	6.4%
FCF/Rev 3Y Avg	-0.5%	40.2%	35.6%	27.4%	23.8%	21.8%	21.0%	20.5%	19.8%	19.0%	18.9%

[1] Choosing top 10 best bets from each sector quarterly is an alpha producing strategy vs sector benchmark
[2] Historical annualized return of 14%, alpha of 2.9%, and sharpe of 0.61

Latest Trefis Analyses

	Title	Topic	Date
0	DASHBOARDS
1	Sonic Automotive Earnings Notes
2	How Low Can Sonic Automotive Stock Really Go?	Return
3	Sonic Automotive vs General Motors: Which Is A Better Investment?	Counter-Intuitive Comparisons
4	Sonic Automotive vs Asbury Automotive: Which Is A Better Investment?	Counter-Intuitive Comparisons
5	How Does Sonic Automotive Stock Stack Up Against Its Peers?	Peer Comparison
6	Better Bet Than SAH Stock: Pay Less Than Sonic Automotive To Get More From PR, CALM
7	SAH Dip Buy Analysis
8	Sonic Automotive Total Shareholder Return (TSR): 17.1% in 2024 and 12.9% 3-yr compounded annual returns (above peer average)
9	Sonic Automotive (SAH) Operating Cash Flow Comparison	Financials
10	Sonic Automotive (SAH) Net Income Comparison	Financials
11	ARTICLES
12	SAH Fell 10% In A Day. Past Crashes Went Deeper.		July 18th, 2025
13	Market Movers \| Winners: LCID, SOC, PGY \| Losers: CDNA, ELV, SAH		July 18th, 2025

	Title
0	DASHBOARDS
1	Sonic Automotive Earnings Notes
2	How Low Can Sonic Automotive Stock Really Go?
3	Sonic Automotive vs General Motors: Which Is A Better Investment?
4	Sonic Automotive vs Asbury Automotive: Which Is A Better Investment?
5	How Does Sonic Automotive Stock Stack Up Against Its Peers?
6	Better Bet Than SAH Stock: Pay Less Than Sonic Automotive To Get More From PR, CALM
7	SAH Dip Buy Analysis
8	Sonic Automotive Total Shareholder Return (TSR): 17.1% in 2024 and 12.9% 3-yr compounded annual returns (above peer average)
9	Sonic Automotive (SAH) Operating Cash Flow Comparison
10	Sonic Automotive (SAH) Net Income Comparison
11	ARTICLES
12	SAH Fell 10% In A Day. Past Crashes Went Deeper.
13	Market Movers \| Winners: LCID, SOC, PGY \| Losers: CDNA, ELV, SAH

Trade Ideas

Select past ideas related to SAH. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	13.0%	13.0%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	6.4%	6.4%	-0.1%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-4.4%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	17.1%	17.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	14.1%	14.1%	-1.6%
SAH_9302022_Short_Squeeze	09302022	SAH	Sonic Automotive	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	26.9%	12.9%	-8.8%

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE	11302025	BBWI	Bath & Body Works	Dip Buy	DB \| Insider Buys \| Low D/EDip Buy with Strong Insider Buying Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap	13.0%	13.0%	0.0%
HRB_11262025_Dip_Buyer_FCFYield	11262025	HRB	H&R Block	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	6.4%	6.4%	-0.1%
LRN_11262025_Dip_Buyer_FCFYield	11262025	LRN	Stride	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	3.7%	3.7%	-4.4%
ABNB_11212025_Dip_Buyer_FCFYield	11212025	ABNB	Airbnb	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	17.1%	17.1%	0.0%
MTN_11212025_Dip_Buyer_FCFYield	11212025	MTN	Vail Resorts	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	14.1%	14.1%	-1.6%
SAH_9302022_Short_Squeeze	09302022	SAH	Sonic Automotive	Special	Short Squeeze PotentialShort Squeeze Potential Has potential for a short squeeze. High short interest, rising short interest and high debt.	26.9%	12.9%	-8.8%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
UDMY	Udemy	0.9	12.7%	-26.5%
TWO	Two Harbors Investment	1.2	12.1%	8.5%
IOVA	Iovance Biotherapeutics	0.9	12.0%	-65.9%
KOD	Kodiak Sciences	1.4	11.8%	171.1%
RXRX	Recursion Pharmaceuticals	2.1	11.4%	-30.8%
TTC	Toro	7.9	10.7%	2.0%
HUT	Hut 8	4.2	9.0%	96.0%
TPL	Texas Pacific Land	20.3	7.6%	-19.7%
AXGN	Axogen	1.5	7.0%	90.5%
SSII	SS Innovations International	1.1	6.7%	-25.6%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NOW	ServiceNow	32.5	-80.0%	-85.2%
FDMT	4D Molecular Therapeutics	0.5	-20.1%	65.4%
IMNM	Immunome	1.7	-15.8%	86.3%
HNRG	Hallador Energy	0.7	-15.2%	51.2%
AMPX	Amprius Technologies	1.1	-14.6%	213.6%
BNTC	Benitec Biopharma	0.4	-13.1%	-14.6%
FLNC	Fluence Energy	2.4	-12.9%	16.9%
IMSR	Terrestrial Energy	0.7	-12.6%
BE	Bloom Energy	18.1	-12.1%	246.6%
BW	Babcock & Wilcox Enterprises	0.5	-12.1%	182.9%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	13.7	55.9%	-3.2%
PL	Planet Labs PBC	5.0	27.3%	307.7%
EEX	Emerald	0.9	25.9%	-2.8%
EVCM	EverCommerce	2.2	17.2%	10.4%
CNL	Collective Mining	1.1	15.8%	229.3%
ENVA	Enova International	4.1	15.8%	70.8%
IMVT	Immunovant	4.6	14.5%	8.9%
QURE	uniQure	1.3	14.3%	30.4%
INNV	InnovAge	0.8	14.2%	49.6%
PGEN	Precigen	1.2	13.4%	255.4%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.7%	-85.2%
RZLT	Rezolute	0.2	-81.6%	-59.0%
FRMI	Fermi	6.3	-41.1%
LENZ	LENZ Therapeutics	0.5	-34.6%	-43.3%
BETR	Better Home & Finance	0.5	-30.9%	292.0%
LWLG	Lightwave Logic	0.4	-29.5%	41.4%
APLD	Applied Digital	5.6	-29.0%	188.0%
CRWV	CoreWeave	31.4	-26.8%
WULF	TeraWulf	4.5	-26.6%	104.4%
BW	Babcock & Wilcox Enterprises	0.5	-26.5%	182.9%

1 Month Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
OLMA	Olema Pharmaceuticals	2.8	282.6%	459.2%
WVE	WAVE Life Sciences	2.7	128.5%	32.1%
ALMS	Alumis	0.8	89.8%	34.6%
NUVB	Nuvation Bio	2.9	82.4%	220.3%
SEMR	SEMrush	1.8	75.7%	-0.2%
TE	T1 Energy	0.8	70.4%
ANF	Abercrombie & Fitch	5.6	68.4%	-21.6%
CBLL	CeriBell	0.8	67.5%	-16.6%
FTRE	Fortrea	1.5	65.4%	-13.2%
VERA	Vera Therapeutics	3.1	64.7%	14.8%

1 Month Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.3%	-85.2%
RZLT	Rezolute	0.2	-80.3%	-59.0%
JANX	Janux Therapeutics	0.9	-50.9%	-73.7%
FRMI	Fermi	6.3	-50.6%
AGIO	Agios Pharmaceuticals	1.5	-43.6%	-22.6%
IMSR	Terrestrial Energy	0.7	-38.9%
LENZ	LENZ Therapeutics	0.5	-36.3%	-43.3%
LWLG	Lightwave Logic	0.4	-36.3%	41.4%
UAMY	United States Antimony	0.5	-33.7%	156.5%
BETR	Better Home & Finance	0.5	-33.6%	292.0%

Recent Active Movers

1 Day Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
UDMY	Udemy	0.9	12.7%	-26.5%
TWO	Two Harbors Investment	1.2	12.1%	8.5%
IOVA	Iovance Biotherapeutics	0.9	12.0%	-65.9%
KOD	Kodiak Sciences	1.4	11.8%	171.1%
RXRX	Recursion Pharmaceuticals	2.1	11.4%	-30.8%
TTC	Toro	7.9	10.7%	2.0%
HUT	Hut 8	4.2	9.0%	96.0%
TPL	Texas Pacific Land	20.3	7.6%	-19.7%
AXGN	Axogen	1.5	7.0%	90.5%
SSII	SS Innovations International	1.1	6.7%	-25.6%

1 Day Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
NOW	ServiceNow	32.5	-80.0%	-85.2%
FDMT	4D Molecular Therapeutics	0.5	-20.1%	65.4%
IMNM	Immunome	1.7	-15.8%	86.3%
HNRG	Hallador Energy	0.7	-15.2%	51.2%
AMPX	Amprius Technologies	1.1	-14.6%	213.6%
BNTC	Benitec Biopharma	0.4	-13.1%	-14.6%
FLNC	Fluence Energy	2.4	-12.9%	16.9%
IMSR	Terrestrial Energy	0.7	-12.6%
BE	Bloom Energy	18.1	-12.1%	246.6%
BW	Babcock & Wilcox Enterprises	0.5	-12.1%	182.9%

1 Week Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TLRY	Tilray Brands	13.7	55.9%	-3.2%
PL	Planet Labs PBC	5.0	27.3%	307.7%
EEX	Emerald	0.9	25.9%	-2.8%
EVCM	EverCommerce	2.2	17.2%	10.4%
CNL	Collective Mining	1.1	15.8%	229.3%
ENVA	Enova International	4.1	15.8%	70.8%
IMVT	Immunovant	4.6	14.5%	8.9%
QURE	uniQure	1.3	14.3%	30.4%
INNV	InnovAge	0.8	14.2%	49.6%
PGEN	Precigen	1.2	13.4%	255.4%

1 Week Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
NOW	ServiceNow	32.5	-81.7%	-85.2%
RZLT	Rezolute	0.2	-81.6%	-59.0%
FRMI	Fermi	6.3	-41.1%
LENZ	LENZ Therapeutics	0.5	-34.6%	-43.3%
BETR	Better Home & Finance	0.5	-30.9%	292.0%
LWLG	Lightwave Logic	0.4	-29.5%	41.4%
APLD	Applied Digital	5.6	-29.0%	188.0%
CRWV	CoreWeave	31.4	-26.8%
WULF	TeraWulf	4.5	-26.6%	104.4%
BW	Babcock & Wilcox Enterprises	0.5	-26.5%	182.9%

Peer Comparisons for Sonic Automotive

Peers to compare with:

Financials

	SAH	LAD	PAG	AN	GPI	ABG	Median
Name	Sonic Au.	Lithia M.	Penske A.	AutoNati.	Group 1 .	Asbury A.
Mkt Price	64.83	344.09	167.85	206.61	407.81	242.34	224.48
Mkt Cap	2.2	8.7	11.1	7.8	5.2	4.7	6.5
Rev LTM	15,178	37,611	30,682	27,915	22,538	17,827	25,227
Op Inc LTM	553	1,548	1,296	1,284	983	1,014	1,149
FCF LTM	434	-42	757	-178	493	629	464
FCF 3Y Avg	-59	-280	773	57	236	350	147
CFO LTM	588	295	1,070	111	778	868	683
CFO 3Y Avg	118	31	1,125	408	465	546	437

Growth & Margins

	SAH	LAD	PAG	AN	GPI	ABG	Median
Name	Sonic Au.	Lithia M.	Penske A.	AutoNati.	Group 1 .	Asbury A.
Rev Chg LTM	9.1%	8.4%	2.2%	6.1%	19.4%	8.1%	8.2%
Rev Chg 3Y Avg	3.9%	11.0%	4.3%	1.3%	13.0%	7.5%	5.9%
Rev Chg Q	13.8%	4.9%	1.4%	6.9%	10.7%	13.3%	8.8%
QoQ Delta Rev Chg LTM	3.3%	1.2%	0.3%	1.6%	2.6%	3.3%	2.1%
Op Mgn LTM	3.6%	4.1%	4.2%	4.6%	4.4%	5.7%	4.3%
Op Mgn 3Y Avg	3.6%	4.7%	4.5%	5.2%	5.1%	6.4%	4.9%
QoQ Delta Op Mgn LTM	-0.1%	-0.1%	-0.1%	-0.0%	-0.1%	-0.1%	-0.1%
CFO/Rev LTM	3.9%	0.8%	3.5%	0.4%	3.5%	4.9%	3.5%
CFO/Rev 3Y Avg	0.7%	0.0%	3.8%	1.5%	2.3%	3.2%	1.9%
FCF/Rev LTM	2.9%	-0.1%	2.5%	-0.6%	2.2%	3.5%	2.3%
FCF/Rev 3Y Avg	-0.5%	-0.9%	2.6%	0.2%	1.1%	2.1%	0.7%

Valuation

	SAH	LAD	PAG	AN	GPI	ABG	Median
Name	Sonic Au.	Lithia M.	Penske A.	AutoNati.	Group 1 .	Asbury A.
Mkt Cap	2.2	8.7	11.1	7.8	5.2	4.7	6.5
P/S	0.2	0.2	0.4	0.3	0.2	0.3	0.3
P/EBIT	7.0	4.2	7.4	6.1	7.1	4.7	6.6
P/E	20.0	8.8	12.2	12.4	14.8	8.5	12.3
P/CFO	4.4	27.0	10.7	74.0	7.2	5.5	9.0
Total Yield	6.8%	12.0%	10.4%	8.1%	7.2%	11.8%	9.2%
Dividend Yield	1.8%	0.7%	2.2%	0.0%	0.5%	0.0%	0.6%
FCF Yield 3Y Avg	-5.7%	-3.4%	6.9%	1.1%	5.0%	7.4%	3.1%
D/E	1.6	1.8	0.7	1.2	1.0	1.3	1.2
Net D/E	1.6	1.8	0.7	1.2	1.0	1.2	1.2

Returns

	SAH	LAD	PAG	AN	GPI	ABG	Median
Name	Sonic Au.	Lithia M.	Penske A.	AutoNati.	Group 1 .	Asbury A.
1M Rtn	6.6%	20.6%	7.8%	6.9%	6.5%	11.8%	7.4%
3M Rtn	-16.4%	3.5%	-4.8%	-6.3%	-10.9%	-0.2%	-5.5%
6M Rtn	-15.6%	5.6%	0.1%	7.1%	-6.9%	2.8%	1.4%
12M Rtn	1.2%	-6.5%	7.1%	21.2%	-2.8%	-3.9%	-0.8%
3Y Rtn	42.1%	65.6%	52.4%	85.0%	126.0%	45.0%	59.0%
1M Excs Rtn	5.9%	19.9%	7.0%	6.2%	5.8%	11.1%	6.6%
3M Excs Rtn	-19.7%	0.8%	-6.5%	-7.9%	-12.8%	-2.6%	-7.2%
6M Excs Rtn	-28.0%	-6.7%	-12.3%	-5.3%	-19.3%	-9.6%	-10.9%
12M Excs Rtn	-11.5%	-20.0%	-5.0%	8.6%	-15.2%	-15.6%	-13.4%
3Y Excs Rtn	-33.9%	-8.6%	-24.3%	8.1%	47.4%	-33.6%	-16.5%

Comparison Analyses

	Title
0	How Does Sonic Automotive Stock Stack Up Against Its Peers?
1	SAH Looks Stronger Than AN With 14% Return Potential
2	Why LAD With 27% Upside May Beat SAH?
3	SAH Could Deliver 14% Returns And Outperform KMX
4	CPRT Looks Stronger Than SAH With 25% Return Potential
5	Sonic Automotive vs. Mednax: With Return Forecast Of 13%, Mednax Is A Better Bet
6	Sonic Automotive vs. Dave & Buster's Entertainment: With Return Forecast Of 41%, Dave & Buster's Entertainment Is A Better Bet
7	Sonic Automotive vs. Barnes Group: With Return Forecast Of 51%, Barnes Group Is A Better Bet
8	Sonic Automotive vs. Estee Lauder: With Return Forecast Of 16%, Estee Lauder Is A Better Bet
9	Sonic Automotive vs. Advanced Micro Devices: With Return Forecast Of 57%, Advanced Micro Devices Is A Better Bet

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021	2020	2019
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Filing Date	10/23/2025	2/19/2025	2/22/2024	2/17/2023	2/25/2022	2/23/2021	2/21/2020
Key Financials
Total Revenue	15,178	14,224	14,372	14,001	12,396	9,767	10,454
EBITDA	532	605	559	442	619	122	394
Operating Income	553	465	503	634	538	304	328
Net Income	130	216	178	88	349	-51	144
EPS	3.84	6.34	5.09	2.29	8.43	-1.21	3.35
Growth Rates
Total Revenue Growth	9.1%	-1.0%	2.7%	12.9%	26.9%	-6.6%	5.1%
EBITDA Growth	-6.7%	8.3%	26.5%	-28.7%	405.9%	-68.9%	44.9%
Operating Income Growth	23.3%	-7.5%	-20.7%	17.8%	77.2%	-7.5%	58.6%
Net Income Growth	-33.5%	21.2%	101.4%	-74.6%	778.8%	-135.7%	179.0%
Margins
EBITDA Margin	3.5%	4.3%	3.9%	3.2%	5.0%	1.3%	3.8%
Operating Income Margin	3.6%	3.3%	3.5%	4.5%	4.3%	3.1%	3.1%
Net Income Margin	0.9%	1.5%	1.2%	0.6%	2.8%	-0.5%	1.4%
Cash & Debt
Total Cash	89	44	29	229	299	170	29
Total Debt	4,162	4,129	3,863	3,487	3,319	2,449	2,631
Net Debt / (Cash)	4,073	4,085	3,834	3,258	3,020	2,279	2,602
Cash Flows
Net Cash from Operations	588	109	-16	406	306	281	171
Free Cash from Operations	434	-78	-219	179	8	154	45
Returns to Shareholders
Dividends	46	41	40	34	18	17	16
Share Repurchases	51	34	178	262	93	72	2

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022
Filing Date	10/23/2025	7/24/2025	4/24/2025	2/19/2025	10/24/2024	8/8/2024	4/25/2024	2/22/2024	10/26/2023	7/27/2023	4/27/2023	2/17/2023
Key Financials Quarterly
Total Revenue	3,974	3,657	3,651	3,896	3,492	3,453	3,384	3,585	3,644	3,653	3,491	3,591
Ebitda	162	16	183	171	150	143	141	136	171	113	139	-106
Operating Income	123	149	146	135	114	109	108	118	137	141	106	176
Net Income	47	-46	71	59	74	41	42	39	68	23	48	-191
EPS	1.37	-1.34	2.09	1.72	2.18	1.21	1.24	1.14	1.96	0.66	1.33	-5.22
Key Financials TTM
Total Revenue TTM	15,178	14,696	14,492	14,224	13,913	14,065	14,265	14,372	14,378	14,183	14,036	14,001
Ebitda TTM	532	520	647	605	570	591	561	559	317	326	398	442
Operating Income TTM	553	544	504	465	449	472	504	503	561	572	586	634
Net Income TTM	130	158	245	216	196	190	172	178	-51	-32	39	88
Growth Rates Quarterly
Total Revenue Growth	13.8%	5.9%	7.9%	8.7%	-4.2%	-5.5%	-3.1%	-0.2%	5.7%	4.2%	1.0%	12.8%
EBITDA Growth	8.3%	-89.0%	29.7%	25.5%	-12.3%	26.8%	1.4%	228.6%	-5.1%	-38.9%	-24.0%	-162.3%
Operating Income Growth	8.0%	36.7%	35.9%	14.2%	-17.3%	-22.6%	1.2%	-33.0%	-7.7%	-9.0%	-31.1%	10.3%
Net Income Growth	-36.9%	-210.7%	68.1%	51.4%	8.5%	76.1%	-11.9%	120.3%	-21.6%	-75.3%	-51.0%	-298.2%
Margins Quarterly
EBITDA Margin	4.1%	0.4%	5.0%	4.4%	4.3%	4.1%	4.2%	3.8%	4.7%	3.1%	4.0%	-3.0%
Operating Income Margin	3.1%	4.1%	4.0%	3.5%	3.3%	3.2%	3.2%	3.3%	3.8%	3.9%	3.0%	4.9%
Net Income Margin	1.2%	-1.2%	1.9%	1.5%	2.1%	1.2%	1.2%	1.1%	1.9%	0.6%	1.4%	-5.3%
Cash & Debt
Total Cash	89	110	65	44	18	67	15	29	35	120	160	229
Total Debt	4,162	4,164	4,050	4,129	4,087	4,190	3,882	3,863	3,565	3,609	3,670	3,487
Net Debt / (Cash)	4,073	4,054	3,985	4,085	4,070	4,123	3,867	3,834	3,531	3,489	3,510	3,258
Cash Flows Quarterly
FCF from Operations	168	137	196	88	88	-136	70	-120	123	15	-34	-239
Cash Flows TTM
FCF from Operations TTM	588	508	235	109	-98	-63	88	-16	-135	81	120	406
Returns to Shareholders Quarterly
Dividends	12	12	12	10	10	10	10	10	10	10	10	9
Share Repurchases	-0	9	35	7	-0	0	27	0	87	-0	91	17
Return on Invested Capital (ROIC) Quarterly
ROIC	7.9%	9.7%	10.7%	9.4%	11.2%	7.8%	8.1%	8.7%	11.7%	11.6%	9.1%	21.6%
Return on Invested Capital (ROIC) TTM
ROIC TTM	9.8%	12.4%	10.5%	9.6%	9.5%	8.4%	9.5%	9.7%	15.9%	16.4%	5.2%	9.1%

Segment Financials

Assets by Segment

$ Mil	2024	2023	2022	2021	2020
Franchised Dealerships Segment revenues	4,111	4,364	3,935	3,097	3,798
EchoPark Segment revenues	668	268	741	479	244
Floor plan deposit balance	345
Powersports Segment revenues	212	118
Cash and cash equivalents	29	229	299	170	29
Corporate and other: Other corporate assets			0
Total	5,365	4,978	4,975	3,746	4,071

Price Behavior

Price Behavior

Market Price	$64.83
Market Cap ($ Bil)	2.2
First Trading Date	11/12/1997
Distance from 52W High	-26.2%
	50 Days	200 Days
DMA Price	$65.44	$69.85
DMA Trend	down	down
Distance from DMA	-0.9%	-7.2%
	3M	1YR
Volatility	44.0%	39.7%
Downside Capture	94.25	101.49
Upside Capture	-5.35	91.15
Correlation (SPY)	21.4%	45.7%

SAH Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	1.08	0.59	0.70	0.94	0.90	0.98
Up Beta	-0.69	0.53	0.67	1.37	1.01	1.13
Down Beta	0.30	1.61	1.09	0.94	0.68	0.64
Up Capture	171%	-53%	-28%	42%	77%	95%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	12	21	34	74	134	375
Down Capture	158%	74%	119%	109%	103%	102%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	8	21	29	52	114	370

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

1Y 5Y 10Y

Based On 1-Year Data

		Comparison of SAH With Other Asset Classes (Last 1Y)
	SAH	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-1.5%	3.6%	12.1%	61.5%	2.2%	-2.2%	-12.7%
Annualized Volatility	39.5%	24.7%	19.7%	19.3%	15.9%	17.7%	35.4%
Sharpe Ratio	0.06	0.09	0.46	2.36	-0.05	-0.28	-0.17
Correlation With Other Assets		52.1%	45.6%	-3.6%	5.7%	44.5%	25.5%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of SAH With Other Asset Classes (Last 5Y)
	SAH	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	10.6%	9.8%	14.4%	18.3%	11.4%	4.8%	36.3%
Annualized Volatility	42.8%	23.8%	17.1%	15.5%	18.9%	18.9%	48.9%
Sharpe Ratio	0.37	0.37	0.68	0.95	0.49	0.17	0.63
Correlation With Other Assets		44.4%	42.2%	3.6%	14.2%	40.8%	16.1%

Based On 10-Year Data

		Comparison of SAH With Other Asset Classes (Last 10Y)
	SAH	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	12.5%	13.0%	14.5%	14.6%	6.1%	5.4%	70.7%
Annualized Volatility	47.9%	22.0%	18.0%	14.7%	17.7%	20.8%	55.9%
Sharpe Ratio	0.43	0.54	0.69	0.82	0.27	0.23	0.91
Correlation With Other Assets		48.1%	46.9%	-2.3%	20.3%	45.7%	12.2%

Short Interest

Short Interest: As Of Date	11282025
Short Interest: Shares Quantity	1,778,719
Short Interest: % Change Since 11152025	-2.7%
Average Daily Volume	182,067
Days-to-Cover Short Interest	9.77
Basic Shares Quantity	34,200,000
Short % of Basic Shares	5.2%

Returns Analyses

	Title
0	How Low Can Sonic Automotive Stock Really Go?
1	Sonic Automotive Stock Return Comparison
2	Sonic Automotive Total Shareholder Return (TSR): 1.4% in 2022 and 18.2% 3-yr returns (above peer average)
3	Sonic Automotive (SAH) Stock Return: AI Predicts SAH Average and Excess Return After a Fall or Rise

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
10/23/2025	-15.9%	-19.1%	-23.2%
7/24/2025	-5.7%	-9.7%	-2.1%
4/24/2025	1.8%	2.9%	13.9%
2/12/2025	-4.0%	-3.4%	-20.2%
10/24/2024	3.6%	6.3%	13.9%
8/5/2024	3.4%	7.0%	7.9%
4/25/2024	10.9%	12.1%	9.4%
2/14/2024	-2.1%	-10.4%	-9.4%
...
SUMMARY STATS
# Positive	10	14	13
# Negative	14	10	11
Median Positive	5.6%	5.6%	13.9%
Median Negative	-3.0%	-6.0%	-9.4%
Max Positive	20.2%	14.1%	46.5%
Max Negative	-15.9%	-20.0%	-64.4%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	10232025	10-Q 9/30/2025
6302025	7242025	10-Q 6/30/2025
3312025	4242025	10-Q 3/31/2025
12312024	2192025	10-K 12/31/2024
9302024	10242024	10-Q 9/30/2024
6302024	8082024	10-Q 6/30/2024
3312024	4252024	10-Q 3/31/2024
12312023	2222024	10-K 12/31/2023
9302023	10262023	10-Q 9/30/2023
6302023	7272023	10-Q 6/30/2023
3312023	4272023	10-Q 3/31/2023
12312022	2172023	10-K 12/31/2022
9302022	10282022	10-Q 9/30/2022
6302022	7282022	10-Q 6/30/2022
3312022	4282022	10-Q 3/31/2022
12312021	2252022	10-K 12/31/2021

Insider Activity

Expand for More

	Owner	Title	Filing Date	Action	Price	Shares	Transacted Value	Value of Held Shares	Form
0	DYKE JEFF	President	6022025	Sell	70.02	576	40,334	42,392,039	Form
1	DYKE JEFF	President	5302025	Sell	70.03	16,434	1,150,871	44,746,235	Form

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

Sonic Automotive (SAH)

Market Price (12/18/2025): $64.855 | Market Cap: $2.2 BilSector: Consumer Discretionary | Industry: Automotive Retail

Sonic Automotive (SAH)

Market Price (12/18/2025): $64.855Market Cap: $2.2 BilSector: Consumer DiscretionaryIndustry: Automotive Retail

Valuation, Metrics & Events

SAH Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About Sonic Automotive (SAH)

Sonic Automotive (SAH) Major Customers

David Bruton Smith

Heath R. Byrd

Jeff Dyke

C. G. Saffer

Stephen Carvelli

Share Repurchases

Share Issuance

Outbound Investments

Capital Expenditures

Interactive Breakdown

Better Bets than Sonic Automotive (SAH)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

1 Month Top Gainers

1 Month Top Losers

Recent Active Movers

1 Day Top Gainers

1 Day Top Losers

1 Week Top Gainers

1 Week Top Losers

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Research & Analysis

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Peer Comparisons for Sonic Automotive

Financials

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Valuation

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FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (12/18/2025): $64.855 | Market Cap: $2.2 Bil
Sector: Consumer Discretionary | Industry: Automotive Retail

Market Price (12/18/2025): $64.855
Market Cap: $2.2 Bil
Sector: Consumer Discretionary
Industry: Automotive Retail