What is Sonic Automotive's impairment charges?

Sonic Automotive (SAH) reported impairment charges of -$400K in Q1 2026.

How has Sonic Automotive's impairment charges changed year-over-year?

Sonic Automotive's impairment charges increased by 71.4% year-over-year, from -$1.4M to -$400K.

What is the long-term trend for Sonic Automotive's impairment charges?

Over 4 years (2021 to 2025), Sonic Automotive's impairment charges has grown at a 545.7% compound annual growth rate (CAGR), from $100K to $173.8M.

What does impairment charges mean?

Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

Sonic Automotive SAH Impairment Charges

Impairment Charges at other companies

Penske Automotive GroupPAG

$0—

CarMaxKMX

$141.3M—

Asbury Automotive GroupABG

$0-100%

Group 1 AutomotiveGPI

$2.5M+66.7%

CarGurus, Inc.CARG

$19.71M—

Icahn EnterprisesIEP

——

Segments

By segment

See full

Franchised Dealership Impairment-$165.9M-13,925%

Powersports Dealerships-$7.2M—

Echo Park$675K-96.6%

Franchise$400K—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$35.5M-81.9%

CapEx$37.0M-17.8%

Free cash flow-$1.5M-101%

Valuation

See full

Market cap$2.57B+19.3%

Enterprise value$5B+17.2%

P/E23.6×+14.8×

P/S0.2×0.0×

Profitability

See full

Gross margin15.9%+0.6pp

Operating margin2.3%-1.1pp

Net margin0.7%-1.0pp

FCF margin1.7%—

Returns & leverage

See full

Return on equity10.5%-14.0pp

Debt / equity2.5×+0.5×

Current ratio1×-0.1×

Where this comes from

Reported directly by Sonic Automotive in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The official record: Sonic Automotive’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sonic Automotive's impairment charges?: Sonic Automotive (SAH) reported impairment charges of -$400K in Q1 2026.
How has Sonic Automotive's impairment charges changed year-over-year?: Sonic Automotive's impairment charges increased by 71.4% year-over-year, from -$1.4M to -$400K.
What is the long-term trend for Sonic Automotive's impairment charges?: Over 4 years (2021 to 2025), Sonic Automotive's impairment charges has grown at a 545.7% compound annual growth rate (CAGR), from $100K to $173.8M.
What does impairment charges mean?: Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.