SONIC AUTOMOTIVE, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $118.7M | $216.0M | $178.2M | $88.5M | $348.9M | $-51.4M | $144.1M | $51.7M |
| Depreciation & Amortization | $163.4M | $150.4M | $142.3M | $127.5M | $101.1M | $91.0M | $93.1M | $93.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | $600.0K |
| Stock-Based Compensation | $23.1M | $23.5M | $23.3M | $20.5M | $15.0M | $11.7M | $10.8M | $11.9M |
| Net Cash from Operating Activities | $567.4M | $109.2M | $-15.7M | $406.1M | $306.3M | $281.1M | $170.8M | $143.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $-149.9M | $-187.3M | $-203.6M | $-227.1M | $-298.2M | $127.2M | $125.6M | $163.6M |
| Business Acquisitions | $-440.3M | $-54.8M | $-75.1M | $-102.3M | $-1.02B | $19.7M | $0 | $0 |
| Net Cash from Investing Activities | $-499.0M | $-178.3M | $-218.7M | $-299.7M | $-1.30B | $-100.2M | $136.8M | $-15.3M |
| Financing Activities | ||||||||
| Dividends Paid | $-48.8M | $-40.8M | $-40.0M | $-34.5M | $-18.3M | $17.1M | $15.5M | $9.8M |
| Stock Repurchases | $-82.4M | $-34.4M | $-177.6M | $-261.9M | $-93.3M | $71.7M | $2.4M | $24.1M |
| Net Cash from Financing Activities | $-106.1M | $84.3M | $34.1M | $-176.6M | $1.12B | $-39.7M | $-284.4M | $-128.8M |
| Net Change in Cash | $-37.7M | $15.1M | $-200.3M | $-70.2M | $129.1M | $141.2M | $23.2M | $-498.0K |
| Free Cash Flow | $717.3M | $296.5M | $187.9M | $633.2M | $604.5M | $153.9M | $45.2M | $-19.9M |