Sonic Automotive Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Sonic Automotive

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Sonic Automotive Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	44111 New Car Dealers
Address	4401 Colwick Road Charlotte, NC 28211

Note: Revenues for privately held companies are statistical evaluations.


Sonic Automotive's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Sonic Automotive's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Sonic Automotive is classified as operating in the New Car Dealers industry, NAICS Code 44111.

Sonic Automotive Annual Revenue and Growth Rate

Sonic Automotive	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Sonic Automotive's revenues are gauged from an analysis of company filings.

Sonic Automotive's Income Statement (based on Industry Averages)

Sonic Automotive P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of Sonic Automotive's Largest Competitors

A competitive analysis shows these companies are in the same general field as Sonic Automotive, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
LITHIA MOTORS	Medford, OR	100
ASBURY AUTOMOTIVE GROUP LLC.	Duluth, GA	55
AUTOMOTIVE MANAGEMENT SERVICES	West Palm Beach, FL	51
GROUP 1 AUTOMOTIVE	Houston, TX	46
PENSKE AUTOMOTIVE GROUP	Bloomfield Hills, MI	45
SONIC AUTOMOTIVE	Charlotte, NC	43
AUTONATION	Fort Lauderdale, FL	39
BERKSHIRE HATHAWAY AUTOMOTIVE	Irving, TX	36
HENDRICK AUTOMOTIVE GROUP	Charlotte, NC	33

Nearby Competitors

These companies are similar in business line and location to Sonic Automotive. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
SONIC AUTOMOTIVE	Charlotte, NC	100
HENDRICK AUTOMOTIVE GROUP	Charlotte, NC	77
ECHOPARK AUTOMOTIVE	Charlotte, NC	17
KEFFER	Charlotte, NC	7
JL HENDRICK MANAGEMENT	Charlotte, NC	4
TEAM CHEVROLET BUICK GMC	Charlotte, NC	3

Future Competition: Sonic Automotive's Fastest Growing Competitors

These companies are in the same general field as Sonic Automotive and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)