SAH
Sonic Automotive, Inc.
SAH's fundamentals are mixed: earnings per share grew 40%, but free cash flow fell 66%. At 9.6x earnings, it's trading in line with its usual 11x. Analysts expect earnings growth.
SAH Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Stable |
SAH's profitability is currently healthy, and its revenue and balance sheet are stable, but its cash flow is under pressure.
SAH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 5.7x | $35.86 | -40% |
| Forward | 9.1x | $60.18 | — |
| Current | 9.6x | $60.18 | — |
| Fair | 11x | $67.10 | +11% |
| Expensive | 18x | $111 | +85% |
Historical ranges are pointers, not guarantees.
SAH's PE is in its fair range at 9.6x. If earnings grow as analysts expect, today's price would be 9.1x next year's earnings.
SAH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Stable | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect SAH's earnings to grow, with its revenue and profitability holding steady.
SAH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.62 | +5.2% |
| Q2 2026 | $6.30 | +40% |
| Q1 2026 | $3.17 | -55% |
| Q4 2025 | $3.42 | -45% |
| Q3 2025 | $3.70 | -34% |
| Q2 2025 | $4.50 | -17% |
| Q1 2025 | $7.02 | +44% |
| Q4 2024 | $6.18 | +24% |
| Q3 2024 | $5.62 | +$6.43 |
SAH's earnings per share have fallen from their peak: $6.30 over the past year, against $9.14 in early 2022.
SAH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $3.9B | +7.6% |
| Q1 2026 | $3.7B | +1% |
| Q4 2025 | $3.9B | -0.6% |
| Q3 2025 | $4B | +14% |
| Q2 2025 | $3.7B | +5.9% |
| Q1 2025 | $3.7B | +7.9% |
| Q4 2024 | $3.9B | +8.7% |
| Q3 2024 | $3.5B | -4.2% |
SAH's revenue has picked up after two years of holding roughly level: $3.9B last quarter, up 7.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 3.4% | +4 points |
| Q1 2026 | 3.6% | -0.4 points |
| Q4 2025 | 3.2% | -0.3 points |
| Q3 2025 | 3.1% | -0.2 points |
| Q2 2025 | -0.6% | -3.8 points |
| Q1 2025 | 4% | +0.8 points |
| Q4 2024 | 3.4% | +0.6 points |
| Q3 2024 | 3.3% | -0.5 points |
SAH's operating margin was 3.4% last quarter, up 4 points from the same quarter a year ago.
SAH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$217.8M | -312% |
| Q1 2026 | -$1.5M | -101% |
| Q4 2025 | $329.4M | -22% |
| Q3 2025 | $134.4M | +290% |
| Q2 2025 | $102.7M | +$287.9M |
| Q1 2025 | $150.8M | +473% |
| Q4 2024 | $420.9M | +77% |
| Q3 2024 | $34.5M | -23% |
SAH usually generates cash, though not every quarter: the latest was −$218M, but it generated $245M over the past year.
SAH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -5.6% | -1.9M shares |
| 1 year | -5.9% | -2M shares |
| 3 years | -11% | -3.9M shares |
| 5 years | -26% | -11.3M shares |
| Available history | -27% | -12.1M shares |
SAH has 32M diluted shares, down 5.9% from a year ago, with $269M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $6.3M |
| Q1 2026 | $135.7M |
| Q4 2025 | $126.5M |
| Q3 2025 | — |
| Q2 2025 | $8.8M |
| Q1 2025 | $35.3M |
| Q4 2024 | $61.5M |
| Q3 2024 | — |
SAH spent $269M buying back its own shares over the past year, up 154% from the year before.
SAH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 3.3x | Elevated |
| Q4 2025 | 3.0x | Elevated |
| Q3 2025 | 2.6x | Moderate |
| Q2 2025 | 2.7x | Moderate |
| Q1 2025 | 2.3x | Moderate |
| Q4 2024 | 2.5x | Moderate |
| Q3 2024 | 2.9x | Moderate |
SAH's net debt is about 2.6 years of its operating earnings (EBITDA), about the same as a year ago.
SAH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 37.2 | Neutral |
| Stochastic | 8.4 | Oversold |
SAH's weekly RSI is 37 (neutral) and its Stochastic is 8 (oversold).
SAH PE vs Consumer Cyclical Sector
| Metric | SAH | Sector median | Relative |
|---|---|---|---|
| PE | 9.6x | 18x | 47% below |
| PE % | 36 | 47 | 11 pts below |
SAH is trading at 9.6x earnings, a 47% discount to the Consumer Cyclical sector's median of 18x.
SAH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $62.3 | 3.4% below |
| 20 week MA | $75.5 | 20% below |
| 50 week MA | $71.5 | 16% below |
| 100 week MA | $70.8 | 15% below |
| 200 week MA | $62.2 | 3.3% below |
SAH is in a downtrend: it's below all five of its weekly moving averages, and 3.3% below its 200-week average.
SAH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $30.6 | $38.2 | +25% |
| 2021 | $38.2 | $48.3 | +27% |
| 2022 | $48.3 | $47.5 | -1.8% |
| 2023 | $47.5 | $56.2 | +18% |
| 2024 | $56.2 | $63.6 | +13% |
| 2025 | $63.6 | $64.3 | +1.1% |
| 2026 YTD | $64.3 | $60.2 | -6.4% |
SAH has finished higher in five of the last six years. It's down 6.4% so far in 2026.