Sonic Corp (SONC) Files 10-K for the Fiscal Year Ended on August 31, 2018

Sonic Corp (SONC, Financial) files its latest 10-K with SEC for the fiscal year ended on August 31, 2018. Sonic Corp is a fast food restaurant company. The firm operates and franchises drive-in restaurants throughout the United States. It serves fast food such as burgers, hot dogs, burritos, and snacks from more than 3,000 locations. Sonic Corp has a market cap of $1.56 billion; its shares were traded at around $43.26 with a P/E ratio of 23.11 and P/S ratio of 3.92. The dividend yield of Sonic Corp stocks is 1.48%. Sonic Corp had annual average EBITDA growth of 2.30% over the past ten years.

For the last quarter Sonic Corp reported a revenue of $111.8 million, compared with the revenue of $123.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $423.6 million, a decrease of 11.2% from the previous year. For the last five years Sonic Corp had an average revenue decline of 4.7% a year. The Sonic Corp enjoyed an operating margin of 25.28%, compared with the operating margin of 22.93% a year before. The 10-year historical median operating margin of Sonic Corp is 17.92%. The profitability rank of the company is 8 (out of 10).

At the end of the fiscal year, Sonic Corp has the cash and cash equivalents of $39.8 million, compared with $22.3 million in the previous year. The long term debt was $13.0 million, compared with $644.3 million in the previous year. The interest coverage to the debt is 3.2. Sonic Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $43.26, Sonic Corp is traded at 125.3% premium to its historical median P/S valuation band of $19.20. The P/S ratio of the stock is 3.92, while the historical median P/S ratio is 1.74. The stock gained 74.80% during the past 12 months.

For the complete 20-year historical financial data of SONC, click here.