Sonic Automotive''s Return on Invested Capital Overview According to Benzinga Pro data Sonic Automotive (NYSE: SAH ) posted a 2.57% decrease in earnings from Q1. Sales, however, increased by 1.84% over the previous quarter to $3.65 billion. Despite the increase in sales this quarter, the decrease in earnings may suggest Sonic Automotive is not utilizing their capital as effectively as possible. In Q1, Sonic Automotive earned $97.30 million and total sales reached $3.59 billion. What Is Return On Invested Capital? Earnings data without context is not clear and can difficult to base trading decisions on. Return on Invested Capital (ROIC) helps to filter signal from noise by measuring yearly pre-tax profit relative to invested capital by a business. Generally, a higher … Full story available on Benzinga.com