| Sonic Automotive is an automotive retailer in the United States. Co. has two reportable segments: the Franchised Dealerships Segment and the EchoPark Segment. The Franchised Dealerships segment is comprised of retail automotive franchises that sell new vehicles and buy and sell used vehicles, sell replacement parts, perform vehicle maintenance, warranty and repair services, and arrange finance and insurance products. The EchoPark segment is comprised of pre-owned vehicle retail locations that provide customers an opportunity to search Co.'s nationwide inventory, purchase a pre-owned vehicle, select finance and insurance products and sell their vehicle to Co. We show 43 historical shares outstanding datapoints in our SAH shares outstanding history coverage, used to compute SAH market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SAH market cap history over the course of time is important for investors
interested in comparing SAH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SAH versus a peer is one thing; comparing
SAH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SAH can fluctuate over the course of history.
With this page we aim to empower investors researching SAH by allowing them to research the SAH market cap history.