Sonic Automotive Inc (SAH)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,192,800	2,160,000	2,198,600	2,228,400	2,245,700	2,280,700	2,279,200	2,299,100	2,316,900	2,271,400	2,162,700	2,084,700	1,914,300	1,772,772	1,677,339	1,473,922	1,423,600	1,428,412	1,438,656	1,512,584
Revenue (ttm)	US$ in thousands	14,235,900	13,767,300	13,925,100	14,125,400	14,233,200	14,269,000	14,074,700	13,935,600	13,908,700	13,509,270	13,147,070	13,004,340	12,345,730	11,969,180	11,445,730	10,207,390	9,729,990	9,690,070	9,853,240	10,363,490
Gross profit margin		15.40%	15.69%	15.79%	15.78%	15.78%	15.98%	16.19%	16.50%	16.66%	16.81%	16.45%	16.03%	15.51%	14.81%	14.65%	14.44%	14.63%	14.74%	14.60%	14.60%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,192,800K ÷ $14,235,900K
= 15.40%

Sonic Automotive Inc's gross profit margin has shown a fluctuating trend over the periods analyzed. The company's gross profit margin started at 14.60% in March 31, 2020, and remained relatively stable around this level for the next few quarters. However, there was a slight increase to 14.81% by September 30, 2021, before experiencing a more significant improvement to reach a peak of 16.81% by September 30, 2022.

Subsequently, the gross profit margin gradually declined from this peak, reaching 15.40% by December 31, 2024. Overall, Sonic Automotive Inc's gross profit margin demonstrated improvement in the early years of the analyzed period but later experienced some moderation. This trend suggests fluctuations in the company's ability to generate profits from its core operations and the need for continued monitoring and strategic management of costs and revenues.