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SONIC AUTOMOTIVE INC（SAH）与SIRIUS XM HOLDINGS INC.（SIRI）财务数据对比。点击上方公司名可切换其他公司
SONIC AUTOMOTIVE INC的季度营收约是SIRIUS XM HOLDINGS INC.的1.8倍（$3.9B vs $2.2B），SIRIUS XM HOLDINGS INC.净利率更高（4.5% vs 1.2%，领先3.3%），SIRIUS XM HOLDINGS INC.同比增速更快（0.2% vs -0.6%），SIRIUS XM HOLDINGS INC.自由现金流更多（$536.0M vs $-195.6M），过去两年SONIC AUTOMOTIVE INC的营收复合增速更高（7.0% vs 0.7%）
Sonic Automotive是财富世界500强企业，总部位于北卡罗来纳州夏洛特，按营收计算是美国第五大汽车零售商。公司由O·布鲁顿·史密斯创立，1997年在纽约证券交易所完成首次公开募股。
天狼星XM控股旗下的XM卫星广播是美国及加拿大三大卫星与在线广播服务商之一，采用类似付费有线电视的订阅制模式运营。平台拥有73个音乐频道、39个新闻、体育、访谈及娱乐频道，另设21个区域交通气象频道与23个体育赛事直播频道，服务覆盖北美大量付费用户。
SAH vs SIRI — 直观对比
营收规模更大
SAH
是对方的1.8倍
$2.2B
营收增速更快
SIRI
高出0.9%
-0.6%
净利率更高
SIRI
高出3.3%
1.2%
自由现金流更多
SIRI
多$731.6M
$-195.6M
两年增速更快
SAH
近两年复合增速
0.7%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $3.9B | $2.2B |
| 净利润 | $46.9M | $99.0M |
| 毛利率 | 15.5% | 53.1% |
| 营业利润率 | 3.2% | 10.3% |
| 净利率 | 1.2% | 4.5% |
| 营收同比 | -0.6% | 0.2% |
| 净利润同比 | -20.0% | -55.4% |
| 每股收益（稀释后） | $1.39 | $0.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收SAHSIRI
| Q4 25 | $3.9B | $2.2B | ||
| Q3 25 | $4.0B | $2.2B | ||
| Q2 25 | $3.7B | $2.1B | ||
| Q1 25 | $3.7B | $2.1B | ||
| Q4 24 | $3.9B | $2.2B | ||
| Q3 24 | $3.5B | $2.2B | ||
| Q2 24 | $3.5B | $2.2B | ||
| Q1 24 | $3.4B | $2.2B |
净利润SAHSIRI
| Q4 25 | $46.9M | $99.0M | ||
| Q3 25 | $46.8M | $297.0M | ||
| Q2 25 | $-45.6M | $205.0M | ||
| Q1 25 | $70.6M | $204.0M | ||
| Q4 24 | $58.6M | $222.0M | ||
| Q3 24 | $74.2M | $-2.5B | ||
| Q2 24 | $41.2M | $304.0M | ||
| Q1 24 | $42.0M | $265.0M |
毛利率SAHSIRI
| Q4 25 | 15.5% | 53.1% | ||
| Q3 25 | 15.5% | 52.2% | ||
| Q2 25 | 16.5% | 52.4% | ||
| Q1 25 | 15.5% | 52.0% | ||
| Q4 24 | 14.7% | 52.9% | ||
| Q3 24 | 15.6% | 53.2% | ||
| Q2 24 | 15.6% | 53.5% | ||
| Q1 24 | 15.8% | 52.5% |
营业利润率SAHSIRI
| Q4 25 | 3.2% | 10.3% | ||
| Q3 25 | 3.1% | 22.8% | ||
| Q2 25 | -0.6% | 17.1% | ||
| Q1 25 | 4.0% | 18.7% | ||
| Q4 24 | 3.4% | 20.2% | ||
| Q3 24 | 3.3% | -133.6% | ||
| Q2 24 | 3.1% | 23.2% | ||
| Q1 24 | 3.2% | 20.2% |
净利率SAHSIRI
| Q4 25 | 1.2% | 4.5% | ||
| Q3 25 | 1.2% | 13.8% | ||
| Q2 25 | -1.2% | 9.6% | ||
| Q1 25 | 1.9% | 9.9% | ||
| Q4 24 | 1.5% | 10.1% | ||
| Q3 24 | 2.1% | -113.1% | ||
| Q2 24 | 1.2% | 14.0% | ||
| Q1 24 | 1.2% | 12.3% |
每股收益（稀释后）SAHSIRI
| Q4 25 | $1.39 | $0.23 | ||
| Q3 25 | $1.33 | $0.84 | ||
| Q2 25 | $-1.34 | $0.57 | ||
| Q1 25 | $2.04 | $0.59 | ||
| Q4 24 | $1.67 | $2.45 | ||
| Q3 24 | $2.13 | $-8.74 | ||
| Q2 24 | $1.18 | $0.08 | ||
| Q1 24 | $1.20 | $0.07 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $6.3M | $94.0M |
| 总债务越低越好 | $1.6B | $8.6B |
| 股东权益账面价值 | $1.1B | $11.6B |
| 总资产 | $6.0B | $27.2B |
| 负债/权益比越低杠杆越低 | 1.51× | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资SAHSIRI
| Q4 25 | $6.3M | $94.0M | ||
| Q3 25 | $89.4M | $79.0M | ||
| Q2 25 | $110.4M | $92.0M | ||
| Q1 25 | $64.6M | $127.0M | ||
| Q4 24 | $44.0M | $162.0M | ||
| Q3 24 | $17.6M | $127.0M | ||
| Q2 24 | $67.2M | $100.0M | ||
| Q1 24 | $15.1M | $71.0M |
总债务SAHSIRI
| Q4 25 | $1.6B | $8.6B | ||
| Q3 25 | $1.5B | $9.0B | ||
| Q2 25 | $1.5B | $10.1B | ||
| Q1 25 | $1.6B | $10.4B | ||
| Q4 24 | $1.6B | $10.3B | ||
| Q3 24 | $1.7B | $10.1B | ||
| Q2 24 | $1.7B | $9.0B | ||
| Q1 24 | $1.7B | $8.7B |
股东权益SAHSIRI
| Q4 25 | $1.1B | $11.6B | ||
| Q3 25 | $1.1B | $11.6B | ||
| Q2 25 | $1.0B | $11.3B | ||
| Q1 25 | $1.1B | $11.2B | ||
| Q4 24 | $1.1B | $11.1B | ||
| Q3 24 | $1.0B | $10.9B | ||
| Q2 24 | $944.7M | $-2.1B | ||
| Q1 24 | $904.4M | $-2.4B |
总资产SAHSIRI
| Q4 25 | $6.0B | $27.2B | ||
| Q3 25 | $6.0B | $27.4B | ||
| Q2 25 | $5.9B | $27.3B | ||
| Q1 25 | $5.9B | $27.4B | ||
| Q4 24 | $5.9B | $27.5B | ||
| Q3 24 | $5.8B | $27.5B | ||
| Q2 24 | $5.8B | $11.2B | ||
| Q1 24 | $5.4B | $11.2B |
负债/权益比SAHSIRI
| Q4 25 | 1.51× | 0.75× | ||
| Q3 25 | 1.39× | 0.78× | ||
| Q2 25 | 1.48× | 0.89× | ||
| Q1 25 | 1.44× | 0.93× | ||
| Q4 24 | 1.49× | 0.93× | ||
| Q3 24 | 1.67× | 0.93× | ||
| Q2 24 | 1.81× | — | ||
| Q1 24 | 1.83× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $66.9M | $680.0M |
| 自由现金流经营现金流 - 资本支出 | $-195.6M | $536.0M |
| 自由现金流率自由现金流/营收 | -5.1% | 24.4% |
| 资本支出强度资本支出/营收 | 6.8% | 6.6% |
| 现金转化率经营现金流/净利润 | 1.43× | 6.87× |
| 过去12个月自由现金流最近4个季度 | $192.3M | $1.2B |
8季度趋势，按日历期对齐
经营现金流SAHSIRI
| Q4 25 | $66.9M | $680.0M | ||
| Q3 25 | $167.9M | $430.0M | ||
| Q2 25 | $136.8M | $546.0M | ||
| Q1 25 | $195.8M | $242.0M | ||
| Q4 24 | $87.7M | $679.0M | ||
| Q3 24 | $87.8M | $240.0M | ||
| Q2 24 | $-136.4M | $514.0M | ||
| Q1 24 | $70.1M | $308.0M |
自由现金流SAHSIRI
| Q4 25 | $-195.6M | $536.0M | ||
| Q3 25 | $134.4M | $255.0M | ||
| Q2 25 | $102.7M | $401.0M | ||
| Q1 25 | $150.8M | $53.0M | ||
| Q4 24 | $-245.5M | $514.0M | ||
| Q3 24 | $34.5M | $24.0M | ||
| Q2 24 | $-185.2M | $341.0M | ||
| Q1 24 | $26.3M | $134.0M |
自由现金流率SAHSIRI
| Q4 25 | -5.1% | 24.4% | ||
| Q3 25 | 3.4% | 11.8% | ||
| Q2 25 | 2.8% | 18.8% | ||
| Q1 25 | 4.1% | 2.6% | ||
| Q4 24 | -6.3% | 23.5% | ||
| Q3 24 | 1.0% | 1.1% | ||
| Q2 24 | -5.4% | 15.7% | ||
| Q1 24 | 0.8% | 6.2% |
资本支出强度SAHSIRI
| Q4 25 | 6.8% | 6.6% | ||
| Q3 25 | 0.8% | 8.1% | ||
| Q2 25 | 0.9% | 6.8% | ||
| Q1 25 | 1.2% | 9.1% | ||
| Q4 24 | 8.6% | 7.5% | ||
| Q3 24 | 1.5% | 9.9% | ||
| Q2 24 | 1.4% | 7.9% | ||
| Q1 24 | 1.3% | 8.0% |
现金转化率SAHSIRI
| Q4 25 | 1.43× | 6.87× | ||
| Q3 25 | 3.59× | 1.45× | ||
| Q2 25 | — | 2.66× | ||
| Q1 25 | 2.77× | 1.19× | ||
| Q4 24 | 1.50× | 3.06× | ||
| Q3 24 | 1.18× | — | ||
| Q2 24 | -3.31× | 1.69× | ||
| Q1 24 | 1.67× | 1.16× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
SAH
| Retail New Vehicles | $1.9B | 48% |
| Other | $1.2B | 31% |
| Parts Serviceand Collision Repair | $515.2M | 13% |
| Finance Insurance And Other Net | $202.2M | 5% |
| Wholesale Vehicles | $63.9M | 2% |
| Fleet New Vehicles | $24.0M | 1% |
SIRI
| Subscription And Circulation | $1.6B | 74% |
| Advertising | $491.0M | 22% |
| Cost Of Sales Equipment Products And Services | $48.0M | 2% |
| Other Revenue | $28.0M | 1% |
