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Sonic Automotive SAH Franchised Dealerships — Number of states

Other segment segments

Echo Park
1,000%0.0%

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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:NumberOfStatesInWhichEntityOperates.

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

Organization and Business - Sonic Automotive, Inc. (“Sonic,” the “Company,” “we,” “us” or “our”) is one of the largest automotive retailers in the United States (“U.S.”) (as measured by reported total revenue). As a result of the way we manage our business, we had three reportable segments as of December 31, 2025: (1) the Franchised Dealerships Segment; (2) the EchoPark Segment; and (3) the Powersports Segment. For management and operational reporting purposes, we group certain businesses together that share management and inventory (principally used vehicles) into “stores.” As of December 31, 2025, we operated 111 stores in the Franchised Dealerships Segment, 18 stores in the EchoPark Segment and 14 stores in the Powersports Segment. The Franchised Dealerships Segment consists of 134 new vehicle franchises (representing 24 different brands of cars and light trucks) and 16 collision repair centers in 18 states. The EchoPark Segment consists of 18 stores operating in 10 states. The Powersports Segment consists of 41 franchises at 14 locations (11 full-service dealerships and 3 authorized retail outlets) in 3 states.

Item 16. Form 10-K Summary.

FAQ

What is Sonic Automotive's franchised dealerships — number of states?
Sonic Automotive (SAH) reported franchised dealerships — number of states of 1,800% in Q4 2025.
What does franchised dealerships — number of states mean?
The total number of U.S. states in which the company operates franchised dealership locations. This metric indicates the geographic diversification of the company's retail footprint. A wider geographic presence can help insulate the company from regional economic downturns or localized market volatility.

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