Who We Are CarGurus is a multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers2. CarGurus’ selection, trusted automotive insights, and data-driven products and solutions support each shopper’s journey — from online research and shopping to in-dealership decisions — to empower them at every step. CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale. We operate the following marketplaces: U.S., U.K., and Canada 1 Similarweb: Traffic Insights (Cars.com, Autotrader.com, TrueCar.com, CARFAX.com Listings (defined as CARFAX.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 907M | 907M | 894M | 914M | 1.7B | 951M |
| Net Income | 156M | 156M | 21M | 31M | 194M | 109M |
| EPS | $1.55 | $1.55 | $0.20 | $0.19 | $0.62 | $0.00 |
| Free Cash Flow | 289M | 289M | 180M | 100M | 250M | 91M |
| ROIC | 97.9% | 90.3% | 44.3% | 28.1% | 37.8% | 68.7% |
| Gross Margin | 57.4% | 57.4% | 34.3% | 43.7% | 39.7% | 69.1% |
| Debt/Equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.14 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 244M | 244M | 157M | 120M | 108M | 148M |
| Operating Margin | 27.0% | 27.0% | 17.6% | 13.2% | 6.6% | 15.6% |
| ROE | 41.7% | 34.0% | 3.6% | 4.6% | 31.0% | 24.5% |
| Shares Outstanding | 101M | 101M | 105M | 164M | 313M | - |
CarGurus, Inc. passes 6 of 9 quality checks, suggesting mixed fundamentals.
CarGurus, Inc. trades at 22.5x trailing earnings, compared to its 15-year median P/E of 48.6x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 9.8x vs a median of 32.3x. The company's 5-year average ROIC is 53.9% with a gross margin of 48.8%. Total shareholder yield (buybacks) is 10.0%. At current prices, the estimated annualized return to fair value is +25.6%.
CarGurus, Inc. (CARG) has a current P/E ratio of 22.5, compared to its historical median P/E of 48.6. The stock is currently considered Fair based on its historical valuation range.
CarGurus, Inc. (CARG) has a 5-year average return on invested capital (ROIC) of 53.9%. This indicates strong capital allocation and a potential competitive advantage.
CarGurus, Inc. (CARG) has a market capitalization of $3.5B. It is classified as a mid-cap stock.
CarGurus, Inc. (CARG) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 10.04%.
Based on historical P/E analysis, CarGurus, Inc. (CARG) appears fair. The current P/E of 22.5 is 54% below its historical median of 48.6. The estimated fair value CAGR (P/E method) is 7.9%.
CarGurus, Inc. (CARG) operates in the Services-Computer Processing & Data Preparation industry, within the Technology sector.
CarGurus, Inc. (CARG) reported annual revenue of $907 million in its most recent fiscal year, based on SEC EDGAR filings.
CarGurus, Inc. (CARG) has a net profit margin of 17.2%. This is a healthy margin.
CarGurus, Inc. (CARG) generated $289 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CarGurus, Inc. (CARG) has a debt-to-equity ratio of 0.00. This indicates a conservatively financed balance sheet.
CarGurus, Inc. (CARG) reported earnings per share (EPS) of $1.55 in its most recent fiscal year.
CarGurus, Inc. (CARG) has a return on equity (ROE) of 34.0%. This indicates the company generates strong returns for shareholders.
CarGurus, Inc. (CARG) has a 5-year average gross margin of 48.8%. This indicates decent pricing power.
The Ledger Terminal provides 11 years of financial data for CarGurus, Inc. (CARG), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CarGurus, Inc. (CARG) has a book value per share of $3.72, based on its most recent annual SEC filing.