Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Sonic Automotive's shares outstanding for the quarter that ended in Mar. 2026 was 32 Mil.
Sonic Automotive's quarterly shares outstanding
declined
from Dec. 2025 (34 Mil) to Mar. 2026 (32 Mil).
It means Sonic Automotivebought back shares from Dec. 2025 to Mar. 2026 .
Sonic Automotive's annual shares outstanding
declined
from Dec. 2024 (34 Mil) to Dec. 2025 (34 Mil).
It means Sonic Automotivebought back shares from Dec. 2024 to Dec. 2025 .
Sonic Automotive (NYSE:SAH) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Sonic Automotive Shares Outstanding (EOP) Related Terms
Sonic Automotive Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for Sonic Automotive's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SAH vs CARG, MCW, DRVN: Shares Outstanding (EOP) Comparison
For the Auto & Truck Dealerships subindustry, Sonic Automotive's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sonic Automotive Shares Outstanding (EOP) vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Sonic Automotive's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where Sonic Automotive's Shares Outstanding (EOP) falls into.
Sonic Automotive Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 32 Mil mean?
Sonic Automotive (SAH) has a Shares Outstanding (EOP) of 32 Mil as of Mar. 2026. The total shares a company has outstanding, at period-end. View historical data on Sonic Automotive and its competitors.
Is Sonic Automotive's Shares Outstanding (EOP) too high?
Sonic Automotive's current Shares Outstanding (EOP) is 32 Mil. Overall, Sonic Automotive has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sonic Automotive's Shares Outstanding (EOP) compare to CARG and MCW?
Sonic Automotive's Shares Outstanding (EOP) of 32 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Vehicles & Parts company?
A good Shares Outstanding (EOP) depends on the Vehicles & Parts industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Sonic Automotive and its competitors. Sonic Automotive's current Shares Outstanding (EOP) is 32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonic Automotive stock overvalued right now?
Based on GuruFocus' analysis, Sonic Automotive (SAH) is currently considered Significantly Overvalued. The stock's GF Value™ is $64.31, compared to a current price of $84.51 — trading 31.4% above its estimated fair value. The current Shares Outstanding (EOP) is 32 Mil. Sonic Automotive's overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Sonic Automotive (SAH), the current Shares Outstanding (EOP) is 32 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Sonic Automotive (SAH) Overvalued in 2026?
Based on GuruFocus' analysis, Sonic Automotive stock appears to be overvalued.
The current stock price of $84.51 is trading 31.4% above its estimated GF Value™ of $64.31.
GuruFocus considers Sonic Automotive to be Significantly Overvalued.
Key valuation signals for SAH:
Shares Outstanding (EOP): 32 Mil
GF Value™: $64.31 vs. price of $84.51 (31.4% above fair value)
No single metric tells the full story. See the SAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 107 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark used-vehicle stores in 10 states, 16 collision centers, and 20 powersports locations. The franchise stores derive revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 86% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 23%. 2025 revenue was $15.2 billion, with Texas and California constituting 51% of the total. EchoPark's portion was $2.1 billion.
83GF Score
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