Sonic Automotive Inc (SAH)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	178,200	88,500	348,900	-51,400	144,100
Revenue	US$ in thousands	14,238,800	13,905,900	12,344,200	9,728,520	10,454,300
Net profit margin		1.25%	0.64%	2.83%	-0.53%	1.38%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $178,200K ÷ $14,238,800K
= 1.25%

The net profit margin of Sonic Automotive, Inc. has exhibited variability over the past five years. In 2023, the net profit margin stood at 1.24%, showcasing an improvement from the previous year's 0.63%. However, the margin was lower compared to 2021 when it reached 2.81%. In 2020, the company experienced a negative net profit margin of -0.53%, indicating a loss during that period. The margin recovered in 2019, climbing to 1.38%. Overall, Sonic Automotive's net profit margin has fluctuated, reflecting changes in its profitability and efficiency in generating profits relative to its revenue over the years.