SAH Q1 2024 Earnings — Sonic Automotive, Inc. Revenue & Financial Results | Market Cap Arena

SAHSonic Automotive, Inc.

$2B

Q1 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$3.4B-3.1% YoY

Gross Profit

$500M14.8% margin

Operating Income

$108M3.2% margin

Net Income

$42M1.2% margin

EPS (Diluted)

$1.20

QoQ Revenue Growth

-5.6%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$29M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$4.5B

Stockholders' Equity

$904M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.5B	-3.1%
Gross Profit	$500M	$519M	-3.7%
Operating Income	$108M	$106M	+1.2%
Net Income	$42M	$48M	-11.9%

Revenue Segments

TotalVehiclesMember

$2.8B66%

Retail New Vehicles

$1.5B34%