Sonic Automotive Inc (SAH) - Net Assets
Based on the latest financial reports, Sonic Automotive Inc (SAH) has net assets worth $981.30 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.12 Billion) and total liabilities ($5.14 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Sonic Automotive Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $981.30 Million |
| % of Total Assets | 16.04% |
| Annual Growth Rate | 13.58% |
| 5-Year Change | -0.77% |
| 10-Year Change | 47.29% |
| Growth Volatility | 55.28 |
Sonic Automotive Inc - Net Assets Trend (1996–2025)
This chart illustrates how Sonic Automotive Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Sonic Automotive Inc market capitalisation.
Annual Net Assets for Sonic Automotive Inc (1996–2025)
The table below shows the annual net assets of Sonic Automotive Inc from 1996 to 2025. Also explore how fast is Sonic Automotive Inc growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.07 Billion | +0.55% |
| 2024-12-31 | $1.06 Billion | +19.11% |
| 2023-12-31 | $891.90 Million | -0.37% |
| 2022-12-31 | $895.20 Million | -16.83% |
| 2021-12-31 | $1.08 Billion | +32.11% |
| 2020-12-31 | $814.80 Million | -13.76% |
| 2019-12-31 | $944.76 Million | +14.78% |
| 2018-12-31 | $823.12 Million | +4.62% |
| 2017-12-31 | $786.76 Million | +8.49% |
| 2016-12-31 | $725.16 Million | -0.53% |
| 2015-12-31 | $729.05 Million | +9.35% |
| 2014-12-31 | $666.72 Million | +8.65% |
| 2013-12-31 | $613.64 Million | +16.54% |
| 2012-12-31 | $526.54 Million | +0.73% |
| 2011-12-31 | $522.74 Million | +12.49% |
| 2010-12-31 | $464.69 Million | +26.02% |
| 2009-12-31 | $368.75 Million | +94.30% |
| 2008-12-31 | $189.79 Million | -79.61% |
| 2007-12-31 | $930.83 Million | +2.99% |
| 2006-12-31 | $903.84 Million | +8.79% |
| 2005-12-31 | $830.80 Million | +7.65% |
| 2004-12-31 | $771.77 Million | +10.52% |
| 2003-12-31 | $698.33 Million | +9.60% |
| 2002-12-31 | $637.18 Million | +23.18% |
| 2001-12-31 | $517.26 Million | +14.71% |
| 2000-12-31 | $450.92 Million | +12.00% |
| 1999-12-31 | $402.60 Million | +182.72% |
| 1998-12-31 | $142.40 Million | +68.72% |
| 1997-12-31 | $84.40 Million | +217.29% |
| 1996-12-31 | $26.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sonic Automotive Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11293.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.48 Billion | 138.67% |
| Common Stock | $800.00K | 0.07% |
| Other Comprehensive Income | $-700.00K | -0.07% |
| Total Equity | $1.07 Billion | 100.00% |
Sonic Automotive Inc Competitors by Market Cap
The table below lists competitors of Sonic Automotive Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVALON TECHNOLOGIES LTD
NSE:AVALON
|
$1.59 Billion |
|
SÜSS MicroTec SE
F:SMHN
|
$1.59 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.59 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
$1.59 Billion |
|
Digital China Information Service Co Ltd
SHE:000555
|
$1.58 Billion |
|
Zhejiang Expressway Co. Ltd
F:ZHJ
|
$1.58 Billion |
|
V-Guard Industries Limited
NSE:VGUARD
|
$1.58 Billion |
|
Shanghai Highly Group Co Ltd A
SHG:600619
|
$1.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sonic Automotive Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,062,300,000 to 1,068,100,000, a change of 5,800,000 (0.5%).
- Net income of 118,700,000 contributed positively to equity growth.
- Dividend payments of 48,800,000 reduced retained earnings.
- Share repurchases of 82,400,000 reduced equity.
- Other comprehensive income decreased equity by 4,500,000.
- Other factors increased equity by 22,800,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $118.70 Million | +11.11% |
| Dividends Paid | $48.80 Million | -4.57% |
| Share Repurchases | $82.40 Million | -7.71% |
| Other Comprehensive Income | $-4.50 Million | -0.42% |
| Other Changes | $22.80 Million | +2.13% |
| Total Change | $- | 0.55% |
Book Value vs Market Value Analysis
This analysis compares Sonic Automotive Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 38.50x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $2.10 | $81.00 | x |
| 1997-12-31 | $7.31 | $81.00 | x |
| 1998-12-31 | $5.67 | $81.00 | x |
| 1999-12-31 | $11.42 | $81.00 | x |
| 2000-12-31 | $10.19 | $81.00 | x |
| 2001-12-31 | $12.46 | $81.00 | x |
| 2002-12-31 | $14.65 | $81.00 | x |
| 2003-12-31 | $18.93 | $81.00 | x |
| 2004-12-31 | $18.60 | $81.00 | x |
| 2005-12-31 | $18.25 | $81.00 | x |
| 2006-12-31 | $19.54 | $81.00 | x |
| 2007-12-31 | $19.83 | $81.00 | x |
| 2008-12-31 | $4.70 | $81.00 | x |
| 2009-12-31 | $6.60 | $81.00 | x |
| 2010-12-31 | $7.06 | $81.00 | x |
| 2011-12-31 | $7.99 | $81.00 | x |
| 2012-12-31 | $8.72 | $81.00 | x |
| 2013-12-31 | $11.59 | $81.00 | x |
| 2014-12-31 | $12.68 | $81.00 | x |
| 2015-12-31 | $14.33 | $81.00 | x |
| 2016-12-31 | $15.78 | $81.00 | x |
| 2017-12-31 | $17.74 | $81.00 | x |
| 2018-12-31 | $19.16 | $81.00 | x |
| 2019-12-31 | $21.61 | $81.00 | x |
| 2020-12-31 | $19.18 | $81.00 | x |
| 2021-12-31 | $24.87 | $81.00 | x |
| 2022-12-31 | $22.55 | $81.00 | x |
| 2023-12-31 | $24.84 | $81.00 | x |
| 2024-12-31 | $30.35 | $81.00 | x |
| 2025-12-31 | $30.78 | $81.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sonic Automotive Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.11%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 2.54x
- • Equity Multiplier: 5.59x
- Recent ROE (11.11%) is above the historical average (0.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 11.41% | 0.80% | 3.40x | 4.22x | $370.00K |
| 1997 | 4.38% | 0.69% | 1.84x | 3.45x | $-4.74 Million |
| 1998 | 13.06% | 1.16% | 2.78x | 4.05x | $4.36 Million |
| 1999 | 11.08% | 1.35% | 2.21x | 3.73x | $4.34 Million |
| 2000 | 16.45% | 1.36% | 3.04x | 3.97x | $29.08 Million |
| 2001 | 15.34% | 1.46% | 3.01x | 3.49x | $27.60 Million |
| 2002 | 16.72% | 1.66% | 2.70x | 3.73x | $42.85 Million |
| 2003 | 10.25% | 1.03% | 2.59x | 3.85x | $1.73 Million |
| 2004 | 11.18% | 1.33% | 2.23x | 3.77x | $9.10 Million |
| 2005 | 11.06% | 1.26% | 2.42x | 3.64x | $8.78 Million |
| 2006 | 8.97% | 1.02% | 2.56x | 3.46x | $-9.27 Million |
| 2007 | 10.26% | 1.15% | 2.54x | 3.53x | $2.42 Million |
| 2008 | -364.80% | -9.88% | 2.91x | 12.70x | $-711.33 Million |
| 2009 | 8.56% | 0.52% | 2.93x | 5.61x | $-5.33 Million |
| 2010 | 19.35% | 1.37% | 2.92x | 4.84x | $43.46 Million |
| 2011 | 14.59% | 1.01% | 3.21x | 4.48x | $23.98 Million |
| 2012 | 16.92% | 1.07% | 3.01x | 5.27x | $36.45 Million |
| 2013 | 13.30% | 0.92% | 2.90x | 4.97x | $20.25 Million |
| 2014 | 14.58% | 1.06% | 2.89x | 4.77x | $30.55 Million |
| 2015 | 11.84% | 0.90% | 2.70x | 4.89x | $13.41 Million |
| 2016 | 12.85% | 0.96% | 2.67x | 5.02x | $20.68 Million |
| 2017 | 11.82% | 0.94% | 2.58x | 4.85x | $14.31 Million |
| 2018 | 6.27% | 0.52% | 2.62x | 4.61x | $-30.66 Million |
| 2019 | 15.25% | 1.38% | 2.57x | 4.31x | $49.62 Million |
| 2020 | -6.31% | -0.53% | 2.61x | 4.60x | $-132.88 Million |
| 2021 | 32.41% | 2.81% | 2.49x | 4.62x | $241.26 Million |
| 2022 | 9.89% | 0.63% | 2.81x | 5.56x | $-1.02 Million |
| 2023 | 19.98% | 1.24% | 2.68x | 6.01x | $89.01 Million |
| 2024 | 20.33% | 1.52% | 2.41x | 5.55x | $109.77 Million |
| 2025 | 11.11% | 0.78% | 2.54x | 5.59x | $11.89 Million |
Industry Comparison
This section compares Sonic Automotive Inc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $718,970,566
- Average return on equity (ROE) among peers: -6.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sonic Automotive Inc (SAH) | $981.30 Million | 11.41% | 5.23x | $1.59 Billion |
| Asbury Automotive Group Inc (ABG) | $444.90 Million | 25.08% | 3.93x | $3.60 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $1.22 Billion |
| AutoNation Inc (AN) | $2.20 Billion | -56.55% | 1.74x | $6.52 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-12.50 Million | 0.00% | 0.00x | $2.25 Million |
| Boyd Group Services Inc. (BGSI) | $1.72 Billion | 1.09% | 1.24x | $2.52 Billion |
| CarGurus (CARG) | $679.65 Million | 16.07% | 0.37x | $2.54 Billion |
| Americas Car-Mart Inc (CRMT) | $157.08 Million | 11.40% | 0.40x | $19.99 Million |
| Carvana Co (CVNA) | $525.00 Million | -25.71% | 12.36x | $53.63 Billion |
| Camping World Holdings Inc (CWH) | $484.95 Million | -7.97% | 9.03x | $437.22 Million |
About Sonic Automotive Inc
Sonic Automotive, Inc., together with its subsidiaries, operates as an automotive retailer in the United States. It operates in three segments: Franchised Dealerships, EchoPark, and Powersports. The Franchised Dealerships segment engages in the sale of new and used cars and light trucks; sale of replacement parts; provision of vehicle maintenance, manufacturer warranty repairs, and paint and coll… Read more