Sonic Historical Income Statement
SAH Stock | USD 57.08 0.20 0.35% |
Historical analysis of Sonic Automotive income statement accounts such as Other Operating Expenses of 8.3 B, Operating Income of 549.8 M, EBIT of 261.9 M or Ebitda of 699.2 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.
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.
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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
Sonic Automotive Income Statement is one of the three primary financial statements used for reporting Sonic's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Sonic Automotive revenue and expense. Sonic Automotive Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, Sonic Automotive's EBITDA is increasing as compared to previous years. The Sonic Automotive's current Income Before Tax is estimated to increase to about 254 M, while Total Revenue is projected to decrease to under 8.5 B. Add Fundamental
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 tightly coupled 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 EBITDA is increasing as compared to previous years. The Sonic Automotive's current Income Before Tax is estimated to increase to about 254 M, while Total Revenue is projected to decrease to under 8.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.9B | 2.3B | 2.1B | 1.3B | Total Revenue | 12.4B | 14.0B | 14.4B | 8.5B |
Sonic Automotive income statement Correlations
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Sonic Automotive Account Relationship Matchups
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Sonic Automotive income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 107.3M | 91.0M | 85.7M | 127.5M | 142.3M | 149.4M | |
Interest Expense | 101.5M | 68.8M | 64.7M | 124.2M | 183M | 192.2M | |
Total Revenue | 10.5B | 9.8B | 12.4B | 14.0B | 14.4B | 8.5B | |
Gross Profit | 1.5B | 1.4B | 1.9B | 2.3B | 2.1B | 1.3B | |
Other Operating Expenses | 10.1B | 9.5B | 11.9B | 13.4B | 13.8B | 8.3B | |
Operating Income | 307.7M | 304.1M | 538.4M | 634.6M | 523.6M | 549.8M | |
Ebit | 307.7M | 304.1M | 538.4M | 634.6M | 523.6M | 261.9M | |
Ebitda | 415.1M | 395.1M | 624.1M | 762.1M | 665.9M | 699.2M | |
Cost Of Revenue | 8.9B | 8.3B | 10.5B | 11.7B | 12.3B | 7.2B | |
Total Operating Expenses | 1.2B | 1.1B | 1.4B | 1.7B | 1.6B | 1.0B | |
Income Before Tax | 199.6M | (34.8M) | 458.2M | 190M | 241.9M | 254.0M | |
Total Other Income Expense Net | (108.1M) | (338.8M) | (80.2M) | (444.6M) | (281.7M) | (267.6M) | |
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: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 tightly coupled 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.Note that the Sonic Automotive information on this page should be used as a complementary analysis to other Sonic Automotive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Sonic Automotive's price analysis, check to measure Sonic Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonic Automotive is operating at the current time. Most of Sonic Automotive's value examination focuses on studying past and present price action to predict the probability of Sonic Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonic Automotive's price. Additionally, you may evaluate how the addition of Sonic Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Sonic Automotive's industry 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 (0.07) | Dividend Share 1.18 | Earnings Share 4.88 | Revenue Per Share 413.185 | Quarterly Revenue Growth (0.03) |
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.