Sonic Automotive SAH Franchised Dealership Impairment — Asset impairment charges
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Where this comes from
Reported directly by Sonic Automotive in its filing.
Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.
The source filing: Sonic Automotive’s 10-K, filed February 23, 2026.
- Filed
- Feb 23, 2026, 4:02 PM EST
- Fiscal year
- FY2025
- Accession
- 0001628280-26-010570
(5) For 2025, amount includes approximately $165.9 million of non-cash pre-tax franchise asset impairment charges for the Franchised Dealerships Segment, approximately $0.2 million of non-cash pre-tax property and equipment impairment charges for real estate held for sale in the EchoPark Segment, and approximately $0.4 million of non-cash pre-tax property, equipment and right-of-use asset impairment charges, and approximately $7.2 million of non-cash pre-tax franchise asset impairment charges for the Powersports Segment. For 2024, amount includes approximately $1.2 million of pre-tax franchise asset and property and equipment impairment charges for the Franchised Dealerships Segment and approximately $2.7 million of pre-tax property and equipment charges for real estate held for sale in the EchoPark Segment. For 2023, amount includes approximately $1.0 million of pre-tax franchise asset and property and equipment impairment charges for the Franchised Dealerships Segment and approximately $78.3 million of pre-tax impairment charges related to fixed assets, lease right-of-use assets, and other contractual obligations related to abandoned property for the EchoPark Segment.
Item 16. Form 10-K Summary.
FAQ
- What is Sonic Automotive's franchised dealership impairment — asset impairment charges?
- Sonic Automotive (SAH) reported franchised dealership impairment — asset impairment charges of -$41.48M in Q4 2025.
- How has Sonic Automotive's franchised dealership impairment — asset impairment charges changed year-over-year?
- Sonic Automotive's franchised dealership impairment — asset impairment charges decreased by 13925.0% year-over-year, from $300K to -$41.48M.
- What does franchised dealership impairment — asset impairment charges mean?
- This metric represents non-cash charges recognized when the carrying value of long-lived assets within the franchised dealership segment exceeds their estimated fair value. It serves as an indicator of potential decline in the long-term economic viability of specific dealership locations or brand portfolios. Investors monitor these charges to assess the impact of market shifts, competitive pressures, or strategic restructuring on the company's asset base.
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