Sonic Automotive Inc (SAH)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	178,200	-51,400	-32,500	38,900	88,500	375,700	372,900	391,900	348,800	309,824	285,142	202,133	-51,400	-62,417	-93,225	-97,417	144,137	119,651	105,759	96,065
Revenue (ttm)	US$ in thousands	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	10,454,340	10,280,200	10,048,330	9,940,000
Net profit margin		1.25%	-0.36%	-0.23%	0.28%	0.64%	2.78%	2.84%	3.01%	2.83%	2.59%	2.49%	1.98%	-0.53%	-0.64%	-0.95%	-0.94%	1.38%	1.16%	1.05%	0.97%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $178,200K ÷ $14,233,200K
= 1.25%

The net profit margin of Sonic Automotive, Inc. has exhibited fluctuations over the past eight quarters. In Q4 2023, the net profit margin stood at 1.24%, reflecting a slight increase compared to the previous quarter's negative net profit margin of -0.36%. However, it is notably lower than the net profit margins reported in Q4 2022 at 0.63% and Q3 2022 at 2.71%.

Overall, Sonic Automotive, Inc.'s net profit margin has been somewhat volatile, experiencing both positive and negative values in recent quarters. The company's management may need to closely monitor its profitability and implement strategies to improve operational efficiency and cost management to achieve more stable and sustainable profit margins in the future.