Sonic Automotive, Inc. (SAH) financial statements (2021 and earlier)

Company profile

Business Address 4401 COLWICK ROAD
CHARLOTTE, NC 28211
State of Incorp. DE
Fiscal Year End December 31
SIC 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1702966344
Cash and cash equivalents1702966344
Receivables372433438482430379372
Inventory, net of allowances, customer advances and progress billings1,2471,5181,5281,5131,5711,6001,312
Inventory1,2471,5181,5281,5131,5711,6001,312
Other current assets933821192710181
Total current assets:1,8832,0181,9932,0202,0312,0831,769
Noncurrent Assets
Finance lease, right-of-use asset6035
Operating lease, right-of-use asset330338
Property, plant and equipment1,1211,0971,1781,1471,010887799
Intangible assets, net (including goodwill)278540579600553552560
Goodwill214476510526472471476
Intangible assets, net (excluding goodwill)64647075808184
Other noncurrent assets74444651454055
Total noncurrent assets:1,8632,0531,8031,7991,6081,4791,414
TOTAL ASSETS:3,7464,0713,7973,8193,6393,5623,183
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities114146128142131144145
Accounts payable105135114130118131132
Interest and dividends payable8111312131312
Debt721152668517268
Deferred tax liabilities   0 
Other liabilities279266258238237219209
Other undisclosed current liabilities1,3671,5391,5341,5061,5181,4801,226
Total current liabilities:1,8312,0661,9461,9551,9371,9151,647
Noncurrent Liabilities
Long-term debt and lease obligation1,011977919963840781743
Long-term debt, excluding current maturities652637919963840781743
Finance lease, liability6236
Operating lease, liability297304
Liabilities, other than long-term debt8974109114138138127
Deferred tax liabilities, net3352767358
Other liabilities89747662616469
Total noncurrent liabilities:1,0991,0511,0281,077977919869
Total liabilities:2,9313,1172,9743,0322,9142,8332,516
Stockholders' equity
Stockholders' equity attributable to parent, including:815945823787725729667
Treasury stock, value(672)(600)(598)(574)(536)(436)(402)
Additional paid in capital768756745733722713698
Accumulated other comprehensive income (loss)(4)(2)41(2)(6)(6)
Retained earnings722790671625541457376
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:815945823787725729667
Other undisclosed liabilities and equity09     
TOTAL LIABILITIES AND EQUITY:3,7464,0713,7973,8193,6393,5623,183

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues9,76710,4549,9529,8679,7329,6249,197
Revenue, net9,5049,3889,2988,897
Cost of revenue
(Cost of Goods and Services Sold)
(8,343)(8,933)(8,506)(8,410)(8,303)(8,210)(7,831)
Gross profit:1,4241,5211,4461,4581,4291,4151,366
Operating expenses(1,390)(1,213)(1,268)(1,246)(1,196)(1,197)(1,133)
Other undisclosed operating income      1
Operating income:34308178212233217234
Nonoperating expense(69)(108)(102)(103)(78)(72)(72)
Investment income, nonoperating      11
Interest and debt expense(3)(7)(1)(15)(1)(1)(2)
Other undisclosed income from continuing operations before equity method investments, income taxes      2
Income (loss) from continuing operations before equity method investments, income taxes:(38)1937594154144162
Income from equity method investments      0
Other undisclosed income from continuing operations before income taxes3711511 
Income (loss) from continuing operations before income taxes:(35)20075108155145162
Income tax expense(16)(55)(23)(14)(61)(57)(63)
Income (loss) from continuing operations:(51)1455294958899
Loss from discontinued operations(1)(0)(1)(1)(1)(2)(1)
Net income (loss):(51)1445293938698
Other undisclosed net loss attributable to parent      (0)
Net income (loss) attributable to parent:(51)1445293938697
Undistributed earnings (loss) allocated to participating securities, basic  (0)(0)
Net income (loss) available to common stockholders, basic:(51)1445293938697
Other undisclosed net loss available to common stockholders, diluted    (0)(0)(0)
Net income (loss) available to common stockholders, diluted:(51)1445293938697

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(51)1445293938698
Other comprehensive income (loss)(2)(6)34312
Comprehensive income (loss):(53)13855979787100
Other undisclosed comprehensive loss, net of tax, attributable to parent      (0)
Comprehensive income (loss), net of tax, attributable to parent:(53)1385597978799

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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