S
Sonic Automotive D
D
SAH
59.930
USD
2.08
(3.60%)
Market Closed
Volume
5,549
EPS
6
Div Yield
2.25
P/E
10
Market Cap
2,029,497,567
News
Title: Sonic Automotive
Sector: Consumer Cyclical
Industry: Auto & Truck Dealerships
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores, 16 collision centers, and 15 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 59% of new-vehicle revenue. BMW is the largest brand at about 25%. 2024's revenue was $14.2 billion, with Texas and California comprising 51% of the total. EchoPark's portion was $2.1 billion.