SAH Q2 2024 Earnings — Sonic Automotive, Inc. Revenue & Financial Results | Market Cap Arena

SAHSonic Automotive, Inc.

$2B

Q2 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$3.5B-5.5% YoY

Gross Profit

$502M14.5% margin

Operating Income

$109M3.2% margin

Net Income

$41M1.2% margin

EPS (Diluted)

$1.18

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$151M

Free Cash Flow

-$200M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$5.8B

Total Liabilities

$4.9B

Stockholders' Equity

$945M

Cash & Equivalents

$67M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.5B	$3.7B	-5.5%
Gross Profit	$502M	$533M	-5.8%
Operating Income	$109M	$162M	-32.5%
Net Income	$41M	$23M	+76.1%

Revenue Segments

TotalVehiclesMember

$2.8B65%

Retail New Vehicles

$1.6B35%