Sonic Historical Income Statement

SAH Stock

USD 69.63 3.06 4.60%

Historical analysis of Sonic Automotive income statement accounts such as Other Operating Expenses of 8.3 B, Operating Income of 224.2 M, EBIT of 234.1 M or Ebitda of 289 M can show how well Sonic Automotive performed in making a profits. Evaluating Sonic Automotive income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Sonic Automotive's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Sonic Automotive latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Sonic Automotive is a good buy for the upcoming year.

Net Income Gross Profit

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.

About Sonic Income Statement Analysis

Sonic Automotive Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Sonic Automotive shareholders. The income statement also shows Sonic investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Sonic Automotive Income Statement Chart

As of now, Sonic Automotive's Net Income is increasing as compared to previous years. The Sonic Automotive's current Net Income Applicable To Common Shares is estimated to increase to about 105.6 M, while Total Revenue is projected to decrease to under 8.5 B.

Total Revenue Gross Profit Other Operating Expenses Operating Income

Total Revenue

Total revenue comprises all receipts Sonic Automotive generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Sonic Automotive minus its cost of goods sold. It is profit before Sonic Automotive operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Sonic Automotive. It is also known as Sonic Automotive overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Sonic Automotive operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Sonic Automotive is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Sonic Automotive's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Sonic Automotive current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.As of now, Sonic Automotive's Net Income is increasing as compared to previous years. The Sonic Automotive's current Net Income Applicable To Common Shares is estimated to increase to about 105.6 M, while Total Revenue is projected to decrease to under 8.5 B.

	2021	2022	2023	2024 (projected)
Gross Profit	1.9B	2.3B	2.2B	1.3B
Total Revenue	12.4B	14.0B	14.4B	8.5B

Gross Profit Total Revenue

Sonic Automotive income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses	Tax Provision	Interest Income	Extraordinary Items	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.85	0.78	0.78	0.77	0.64	0.56	0.66	0.77	0.77	0.5	-0.88	0.47	0.39	0.77	0.59	-0.22	0.74	0.42	0.71	0.14	-0.31	0.14	-0.78	0.72
Interest Expense	0.85		0.62	0.63	0.62	0.41	0.46	0.52	0.61	0.66	0.39	-0.83	0.37	0.26	0.67	0.33	-0.46	0.76	0.33	0.69	0.07	-0.52	0.02	-0.9	0.72
Total Revenue	0.78	0.62		0.99	1.0	0.84	0.75	0.84	1.0	0.99	0.54	-0.57	0.47	0.67	0.99	0.34	0.08	0.42	0.21	0.66	0.26	-0.01	0.09	-0.41	0.58
Gross Profit	0.78	0.63	0.99		0.99	0.88	0.76	0.85	0.99	0.99	0.56	-0.6	0.48	0.71	0.98	0.35	0.08	0.47	0.21	0.71	0.33	-0.01	0.08	-0.44	0.65
Other Operating Expenses	0.77	0.62	1.0	0.99		0.83	0.74	0.84	1.0	0.99	0.53	-0.57	0.46	0.66	0.99	0.34	0.07	0.42	0.21	0.65	0.24	-0.01	0.1	-0.41	0.57
Operating Income	0.64	0.41	0.84	0.88	0.83		0.73	0.79	0.83	0.79	0.62	-0.59	0.52	0.83	0.79	0.38	0.29	0.45	0.09	0.65	0.62	0.1	-0.05	-0.3	0.7
Ebit	0.56	0.46	0.75	0.76	0.74	0.73		0.98	0.74	0.72	0.93	-0.49	0.9	0.84	0.72	0.24	0.5	0.11	-0.06	0.59	0.63	-0.17	-0.02	-0.33	0.52
Ebitda	0.66	0.52	0.84	0.85	0.84	0.79	0.98		0.84	0.82	0.86	-0.56	0.83	0.81	0.81	0.33	0.42	0.21	0.03	0.66	0.55	-0.13	0.02	-0.39	0.57
Cost Of Revenue	0.77	0.61	1.0	0.99	1.0	0.83	0.74	0.84		0.99	0.54	-0.57	0.47	0.67	0.99	0.34	0.08	0.42	0.2	0.65	0.25	-0.01	0.1	-0.4	0.56
Total Operating Expenses	0.77	0.66	0.99	0.99	0.99	0.79	0.72	0.82	0.99		0.49	-0.56	0.43	0.63	0.99	0.32	0.0	0.44	0.24	0.69	0.21	-0.04	0.12	-0.46	0.6
Income Before Tax	0.5	0.39	0.54	0.56	0.53	0.62	0.93	0.86	0.54	0.49		-0.48	0.98	0.8	0.51	0.22	0.57	0.1	-0.11	0.45	0.73	-0.28	-0.06	-0.28	0.46
Total Other Income Expense Net	-0.88	-0.83	-0.57	-0.6	-0.57	-0.59	-0.49	-0.56	-0.57	-0.56	-0.48		-0.46	-0.34	-0.55	-0.49	0.3	-0.85	-0.29	-0.7	-0.27	0.5	0.06	0.87	-0.81
Net Income	0.47	0.37	0.47	0.48	0.46	0.52	0.9	0.83	0.47	0.43	0.98	-0.46		0.69	0.44	0.22	0.57	0.05	-0.16	0.39	0.64	-0.34	0.02	-0.28	0.4
Income Tax Expense	0.39	0.26	0.67	0.71	0.66	0.83	0.84	0.81	0.67	0.63	0.8	-0.34	0.69		0.64	0.15	0.53	0.13	0.04	0.54	0.86	0.07	-0.29	-0.12	0.52
Selling General Administrative	0.77	0.67	0.99	0.98	0.99	0.79	0.72	0.81	0.99	0.99	0.51	-0.55	0.44	0.64		0.3	0.0	0.44	0.23	0.67	0.22	-0.05	0.12	-0.45	0.58
Discontinued Operations	0.59	0.33	0.34	0.35	0.34	0.38	0.24	0.33	0.34	0.32	0.22	-0.49	0.22	0.15	0.3		-0.01	0.42	0.66	0.33	0.03	0.02	0.11	-0.41	0.39
Net Income From Continuing Ops	-0.22	-0.46	0.08	0.08	0.07	0.29	0.5	0.42	0.08	0.0	0.57	0.3	0.57	0.53	0.0	-0.01		-0.63	-0.43	-0.13	0.57	0.43	0.04	0.52	-0.2
Non Recurring	0.74	0.76	0.42	0.47	0.42	0.45	0.11	0.21	0.42	0.44	0.1	-0.85	0.05	0.13	0.44	0.42	-0.63		0.49	0.62	0.08	-0.49	-0.09	-0.81	0.79
Non Operating Income Net Other	0.42	0.33	0.21	0.21	0.21	0.09	-0.06	0.03	0.2	0.24	-0.11	-0.29	-0.16	0.04	0.23	0.66	-0.43	0.49		0.35	-0.09	-0.12	-0.2	-0.41	0.34
Selling And Marketing Expenses	0.71	0.69	0.66	0.71	0.65	0.65	0.59	0.66	0.65	0.69	0.45	-0.7	0.39	0.54	0.67	0.33	-0.13	0.62	0.35		0.43	-0.14	0.05	-0.77	0.92
Tax Provision	0.14	0.07	0.26	0.33	0.24	0.62	0.63	0.55	0.25	0.21	0.73	-0.27	0.64	0.86	0.22	0.03	0.57	0.08	-0.09	0.43		0.01	-0.42	-0.07	0.5
Interest Income	-0.31	-0.52	-0.01	-0.01	-0.01	0.1	-0.17	-0.13	-0.01	-0.04	-0.28	0.5	-0.34	0.07	-0.05	0.02	0.43	-0.49	-0.12	-0.14	0.01		0.13	0.53	-0.28
Extraordinary Items	0.14	0.02	0.09	0.08	0.1	-0.05	-0.02	0.02	0.1	0.12	-0.06	0.06	0.02	-0.29	0.12	0.11	0.04	-0.09	-0.2	0.05	-0.42	0.13		-0.02	-0.07
Net Interest Income	-0.78	-0.9	-0.41	-0.44	-0.41	-0.3	-0.33	-0.39	-0.4	-0.46	-0.28	0.87	-0.28	-0.12	-0.45	-0.41	0.52	-0.81	-0.41	-0.77	-0.07	0.53	-0.02		-0.8
Reconciled Depreciation	0.72	0.72	0.58	0.65	0.57	0.7	0.52	0.57	0.56	0.6	0.46	-0.81	0.4	0.52	0.58	0.39	-0.2	0.79	0.34	0.92	0.5	-0.28	-0.07	-0.8

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Sonic Automotive Account Relationship Matchups

Sonic Automotive income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	107.3M	91.0M	101.1M	127.5M	142.3M	149.4M
Interest Expense	101.5M	68.8M	64.7M	124.2M	180.8M	189.8M
Total Revenue	10.5B	9.8B	12.4B	14.0B	14.4B	8.5B
Gross Profit	1.5B	1.4B	1.9B	2.3B	2.2B	1.3B
Other Operating Expenses	10.1B	9.5B	11.9B	13.4B	13.9B	8.3B
Operating Income	307.7M	304.1M	538.4M	634.6M	423.6M	224.2M
Ebit	307.7M	34.4M	521.4M	313.5M	422.7M	234.1M
Ebitda	415.1M	125.4M	622.5M	441M	565M	289.0M
Cost Of Revenue	8.9B	8.3B	10.5B	11.7B	12.1B	7.2B
Total Operating Expenses	1.2B	1.1B	1.4B	1.7B	1.8B	1.0B
Income Before Tax	199.6M	(34.8M)	458.2M	190M	241.9M	254.0M
Total Other Income Expense Net	(108.1M)	(68.7M)	(80.2M)	(124M)	(181.7M)	(172.6M)
Net Income	144.1M	(50.7M)	348.9M	88.5M	178.2M	187.1M
Income Tax Expense	55.1M	15.9M	109.3M	101.5M	63.7M	40.8M
Selling General Administrative	1.0B	986.5M	1.2B	1.5B	1.5B	985.5M
Net Income Applicable To Common Shares	144.1M	(51.4M)	348.9M	88.5M	101.8M	105.6M
Discontinued Operations	(1.2M)	(740K)	(400K)	(721K)	(829.2K)	(870.6K)
Net Income From Continuing Ops	144.5M	(50.7M)	348.9M	88.5M	(51.4M)	(48.8M)
Non Recurring	20.8M	270.0M	100K	320.4M	368.5M	386.9M
Selling And Marketing Expenses	60.8M	42.2M	61.6M	95.4M	92.2M	70.1M
Tax Provision	55.1M	15.9M	109.3M	101.5M	56.2M	60.2M
Interest Income	100.9M	68.8M	64.7M	124.2M	100K	95K
Net Interest Income	(104.3M)	(68.8M)	(64.7M)	(124.2M)	(172.7M)	(164.1M)
Reconciled Depreciation	90.0M	87.6M	101.1M	127.5M	121.7M	111.8M

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When determining whether Sonic Automotive offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonic Automotive's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonic Automotive Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonic Automotive Stock:

How To Invest In Sonic

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Is Sonic Stock a good investment?

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What is Sonic Automotive's Net Worth?

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For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.

You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonic Automotive. If investors know Sonic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonic Automotive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.109

Dividend Share

1.2

Earnings Share

5.64

Revenue Per Share

409.817

Quarterly Revenue Growth

(0.04)

The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Sonic Historical Income Statement

About Sonic Income Statement Analysis

Sonic Automotive Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Operating Income

Sonic Automotive income statement Correlations

Sonic Automotive Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Sonic Automotive income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Gross Profit	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue
Selling General Administrative	+ 0.99	Total Revenue

Net Interest Income	- 0.9	Interest Expense
Total Other Income Expense Net	- 0.88	Depreciation And Amortization
Non Recurring	- 0.85	Total Other Income Expense Net
Total Other Income Expense Net	- 0.83	Interest Expense
Net Interest Income	- 0.81	Non Recurring
Reconciled Depreciation	- 0.81	Total Other Income Expense Net