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Sonic Automotive SAH Finance Lease Liabilities

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Other financials

Income statement

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Revenue$3.7B+1.0%
Gross profit$598.8M+5.7%
Operating income$132.7M-8.5%
Net income$60.8M-13.9%
EPS (diluted)$1.79-12.3%

Balance sheet

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Cash & equivalents$5.7M-91.2%
Total debt$2.4B+12.2%
Total equity$981.3M-10.0%
Total assets$6.1B+4.1%

Cash flow

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Operating cash flow$35.5M-81.9%
CapEx$37.0M-17.8%
Free cash flow-$1.5M-101%

Valuation

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Market cap$2.68B+5.6%
Enterprise value$5.11B+11.0%
P/E24.6×+8.5×
P/S0.2×0.0×

Profitability

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Gross margin15.9%+0.6pp
Operating margin2.3%-1.1pp
Net margin0.7%-1.0pp
FCF margin1.7%

Returns & leverage

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Return on equity10.5%-14.0pp
Debt / equity2.5×+0.5×
Current ratio-0.1×

Where this comes from

Reported directly by Sonic Automotive in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: Sonic Automotive’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:01 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001628280-26-028847
Line itemMarch 31, 2026December 31, 2025
Long-Term Debt1,535.11,563.0
Other Long-Term Liabilities111.2114.4
Operating Long-Term Lease Liabilities257.2268.3
Finance Long-Term Lease Liabilities357.9359.0
Commitments and Contingencies
Stockholders’ Equity:
Class A Convertible Preferred Stock, none issued
Class A Common Stock, $0.01 par value; 100,000,000 shares authorized; 70,374,640 shares issued and 19,637,335 shares outstanding at March 31, 2026; 70,135,011 shares issued and 21,546,627 shares outstanding at December 31, 20250.70.7

Item 1. Financial Statements (Unaudited)

FAQ

What is Sonic Automotive's finance lease liabilities?
Sonic Automotive (SAH) reported finance lease liabilities of $357.9M in Q1 2026.
How has Sonic Automotive's finance lease liabilities changed year-over-year?
Sonic Automotive's finance lease liabilities increased by 4.8% year-over-year, from $341.4M to $357.9M.
What is the long-term trend for Sonic Automotive's finance lease liabilities?
Over 5 years (2020 to 2025), Sonic Automotive's finance lease liabilities has grown at a 41.9% compound annual growth rate (CAGR), from $62.3M to $359M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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