SONIC AUTOMOTIVE INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data SONIC AUTOMOTIVE INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	9,732	9,867	9,952	10,454	9,767	12,396	14,001	14,372	14,224	15,154
Cost of revenue	8,303	8,410	8,506	8,933	8,343	10,482	11,684	12,127	12,032	12,771
Gross profit	1,429	1,458	1,446	1,521	1,424	1,914	2,317	2,246	2,193	2,383
Selling, general and administrative	1,111	1,148	1,145	1,099	1,029	1,275	1,555	1,601	1,577	1,678
Operating income	233	212	178	308	33.9	538	314	424	462	368
Interest expense	1	0.6	0.5
Other non-operating income	-77.7	-103	-102	-108	-68.7	-80.2	-124	-182	-205	-195
Pre-tax income	155	108	75.3	200	-34.8	458	190	242	256	173
Income tax	60.7	14	22.9	55.1	15.9	109	102	63.7	40.1	-54.1
Income from continuing operations	94.5	94.2	52.4	145	-50.7	349	88.5
Net income	93.2	93	51.7	144	-51.4	349	88.5	178	216	119
EBITDA	310	301	271	401	125	640	442	566	612	531
EPS, basic	2.04	2.11	1.21	3.35	-1.21	8.43	2.29	5.09	6.34	3.49
EPS, diluted	2.03	2.09	1.20	3.30	-1.21	8.06	2.23	4.97	6.18	3.42
Shares, basic (weighted)	45.6	44	42.7	43	42.5	41.4	38.7	35	34.1	34
Shares, diluted (weighted)	45.9	44.4	43	43.7	42.5	43.3	39.7	35.9	35	34.7
Dividend per share	0.20	0.20	0.24

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	3.11	6.35	5.9	29.1	170	299	229	28.9	44	6.3
Receivables	430	482	438	433	372	401	462	528	496	469
Inventory	1,571	1,513	1,528	1,518	1,247	1,261	1,217	1,578	1,958	2,013
Other current assets	27	18.6	20.9	37.9	93.3	122	298	385	388	344
Total current assets	2,031	2,020	1,993	2,018	1,883	2,084	2,206	2,520	2,886	2,833
Property, plant and equipment	1,010	1,147	1,178	1,097	1,121	1,459	1,562	1,601	1,607	1,563
Lease right-of-use assets			0	338	330	293	261	223	224	279
Goodwill	472	526	510	476	214	416	231	254	359	422
Intangible assets	80.2	74.6	69.7	64.3	64.3	480	397	417	430	454
Other non-current assets	45.2	51.5	45.6	43.6	74.2	62.5	97.8	113	73	91.9
Total assets	3,639	3,819	3,797	4,071	3,746	4,975	4,978	5,365	5,896	5,971
Accounts payable	118	130	114	135	105	133	138	150	172	151
Short-term debt	43	61.3	26.3	69.9	68.2	50.6	79.5	60.1	76.1	52.4
Total current liabilities	1,937	1,955	1,946	2,066	1,831	1,892	1,845	2,293	2,638	2,598
Long-term debt	840	963	919	637	652	1,511	1,672	1,617	1,512	1,563
Lease liabilities			0	304	297	265	231	219	220	268
Other non-current liabilities	61.2	61.9	75.9	73.7	89.1	96	106	89.6	120	114
Total liabilities	2,914	3,032	2,974	3,126	2,931	3,899	4,083	4,473	4,833	4,903
Total debt	883	1,025	945	707	720	1,561	1,752	1,677	1,588	1,615
Paid-in capital	722	733	745	756	768	790	819	855	885	908
Retained earnings	541	625	671	790	722	1,052	1,100	1,239	1,412	1,481
Treasury stock	-536	-574	-598	-600	-672	-765	-1,027	-1,205	-1,239	-1,321
Other comprehensive income	-2.26	1.31	4.23	-2.06	-3.6	-1.3	1.6	1.6	3.8	-0.7
Shareholders' equity	725	787	823	945	815	1,076	895	892	1,062	1,068
Total equity	725	787	823	945	815	1,076	895	892	1,062	1,068
Total liabilities and equity	3,639	3,819	3,797	4,071	3,746	4,975	4,978	5,365	5,896	5,971

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	93.2	93	51.7	144	-51.4	349	88.5	178	216	119
Depreciation and amortization	77.4	88.9	93.6	93.1	91	101	128	142	150	163
Stock-based compensation	11.2	11.1	11.9	10.8	11.7	15	20.5	23.3	23.5	23.1
Deferred income tax	14.5	-27.8	-20.6	-20.8	-33.7	12.3	-12.7	-18.6	-29.1	-25.8
Change in inventory	35.5	57.3	-78.7	-78.5	278	-252	-81.4	375	358	-105
Change in payables	15	16.6	16	-21.4	-55.5	7.3	-35.8	0.2	19	-46.8
Cash from operations	216	163	144	171	281	306	406	-15.7	109	567
Capital expenditures	-206	-234	-164	-126	-127	298	227	204	187	150
Acquisitions	-15.9	-76.6	0	0	-19.7	1,019	102	75.1	54.8	440
Cash from investing	-221	-272	-15.3	137	-100	-1,297	-300	-219	-178	-499
Debt issued	103	302	21.1	109	57.9	1,167	327	0	78	149
Debt repaid	-30.9	-36.8	-45.1	-40.3	-44.9	58.3	134	79.9	165	127
Share buybacks	-100	-37.3	-24.1	-2.4	-71.7	93.3	262	178	34.4	82.4
Dividends paid	-8.7	-8.85	-9.83	-15.5	-17.1	18.3	34.5	40	40.8	48.8
Cash from financing	3.89	112	-129	-284	-39.7	1,120	-177	34.1	84.3	-106
Net change in cash	-0.52	3.24	-0.5	23.2	141	129	-70.2	-200	15.1	-37.7
Free cash flow	10.1	-71.4	-19.9	45.2	154	605	633	188	297	717
Interest paid	77.3	89.5	98.1	104	69.3	57.4	117	172	199	190
Income taxes paid	28.5	42.9	35.2	72.8	56.8	98.8	126	86.3	35.7	101

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $64.95 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	15.7%	Gross profit / revenue.
Operating margin	3.3%	Operating income / revenue.
EBITDA margin	4.3%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	2.0%	Pre-tax income / revenue.
Net margin	1.4%	Net income / revenue.
FCF margin	1.6%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	1.1%	Cash from operations / revenue.
Effective tax rate	-3.3%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	20.7%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	3.3%	Net income / average total assets.
Return on invested capital (ROIC)	14.6%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue	11.4%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.1%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.5%	Capital expenditures / revenue.
D&A / revenue	1.0%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	6.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	2.7%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	9.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	8.7%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	0.9%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	10.9%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	-20.4%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	5.4%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	61.1%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	-13.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	6.3%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	33.6%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	-45.0%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	10.3%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y	-44.7%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	15.3%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow growth, 1y	419.6%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	11.8%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	15.1%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	141.9%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	4.2%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	36.0%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	0.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	6.1%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	5.6%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	1.3%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	6.2%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	9.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-0.9%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-4.4%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-4.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.01x	Current assets / current liabilities.
Quick ratio	0.15x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.01x	(Cash + short-term investments) / current liabilities.
Debt / equity	1.71x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	27.6%	Total debt / total assets.
Liabilities / assets	83.9%	Total liabilities / total assets.
Net debt	$1.74B	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	2.59x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$35.3M	Current assets - current liabilities.
Goodwill and intangibles / assets	13.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$156.3M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	2.42x	Revenue / average total assets.
Fixed asset turnover	9.24x	Revenue / average property, plant and equipment.
Inventory turnover	5.61x	Cost of revenue / average inventory.
Days inventory	65 days	365 x average inventory / cost of revenue.
Receivables turnover	36.3x	Revenue / average receivables.
Days sales outstanding	10 days	365 x average receivables / revenue.
Days payables	4 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	71 days	Days inventory + days sales outstanding - days payables.
FCF conversion	115.4%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	43.7%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$6.60	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$481.86	Revenue / diluted weighted shares.
FCF per share	$7.62	Free cash flow / diluted weighted shares.
Operating cash flow per share	$5.30	Cash from operations / diluted weighted shares.
Book value per share	$31.95	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$4.87	Tangible book value / shares outstanding.
Cash per share	$0.60	(Cash + short-term investments) / shares outstanding.
Payout ratio	22.3%	Dividends paid / net income, when net income is positive.
Dividends / FCF	19.3%	Dividends paid / free cash flow, when free cash flow is positive.
Buybacks / FCF	6.3%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$2.05B	Share price x shares outstanding.
Enterprise value	$3.79B	Market cap + total debt - cash - short-term investments.
P/E	9.69x	Market cap / net income. Only when net income is positive.
P/S	0.13x	Market cap / revenue.
P/B	2.00x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	13.1x	Market cap / tangible book value, when positive.
P/FCF	8.40x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	12.1x	Market cap / cash from operations, when positive.
EV/Sales	0.25x	Enterprise value / revenue.
EV/EBIT	7.44x	Enterprise value / operating income, when both are positive.
EV/EBITDA	5.65x	Enterprise value / EBITDA, when both are positive.
EV/FCF	15.5x	Enterprise value / free cash flow, when both are positive.
FCF yield	11.9%	Free cash flow / market cap.
Earnings yield	10.3%	Net income / market cap (the inverse of P/E).
Dividend yield	2.3%	Dividends paid over the period / market cap.
Shareholder yield	3.1%	(Dividends paid + share buybacks) / market cap.
PEG	0.63x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was SONIC AUTOMOTIVE INC's revenue in fiscal 2025?

SONIC AUTOMOTIVE INC reported revenue of $15.15B for fiscal 2025, 6.5% higher than the year before.

Was SONIC AUTOMOTIVE INC profitable in fiscal 2025?

Yes. Net income was $118.7M, a net margin of 0.8%.

How much free cash flow did SONIC AUTOMOTIVE INC generate in fiscal 2025?

Cash from operations of $567.4M minus capital expenditures of $149.9M left free cash flow of $717.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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