Carvana Co. is a holding company that was formed as a Delaware corporation in 2016 in order to operate the business of Carvana Group, LLC and its subsidiaries (collectively, "Carvana Group"). Carvana Co. Class A common stock trades on the New York Stock Exchange ("NYSE") under the symbol "CVNA." Our Company Carvana is the leading e-commerce platform for buying and selling used cars. We are transforming the used car buying and selling experience by giving consumers what they want - a wide selection, great value and quality, transparent pricing, and a simple, no pressure transaction. Our differentiated business model combines a comprehensive online sales experience with a vertically integrated supply chain, designed to sell high-quality vehicles to our customers transparently and efficiently at a low price. The automotive retail industry is large – with approximately 37 million used auto retail transactions in the United States (“U.S.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 20.3B | 20.3B | 13.7B | 10.8B | 13.6B | 12.8B |
| Net Income | 1.4B | 1.4B | 210M | 450M | -1.6B | -135M |
| EPS | $8.45 | $8.45 | $1.59 | $0.75 | $-15.74 | $-1.63 |
| Free Cash Flow | 889M | 889M | 827M | 716M | -1.8B | -3.2B |
| ROIC | 28.3% | 34.6% | 19.3% | 8.0% | -26.2% | 0.6% |
| Gross Margin | 20.6% | 20.6% | 21.0% | 16.0% | 9.2% | 15.1% |
| Debt/Equity | 1.60 | 1.60 | 4.80 | 30.02 | -19.79 | 25.41 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 1.9B | 1.9B | 990M | -80M | -1.1B | 42M |
| Operating Margin | 9.3% | 9.3% | 7.2% | -0.7% | -8.1% | 0.3% |
| ROE | 40.9% | 59.9% | 16.7% | 185.2% | 306.4% | -44.1% |
| Shares Outstanding | 167M | 167M | 132M | 213M | 202M | 189M |
CARVANA CO. passes 4 of 9 quality checks, suggesting mixed fundamentals.
CARVANA CO. trades at 42.5x trailing earnings, compared to its 15-year median P/E of 62.6x, suggesting it is currently Cheap relative to its historical range. On a free-cash-flow basis, the stock trades at 57.7x vs a median of 34.4x. The company's 5-year average ROIC is 7.3% with a gross margin of 16.4%. At current prices, the estimated annualized return to fair value is +5.2%.
CARVANA CO. (CVNA) has a current P/E ratio of 42.5, compared to its historical median P/E of 62.6. The stock is currently considered Cheap based on its historical valuation range.
CARVANA CO. (CVNA) has a 5-year average return on invested capital (ROIC) of 7.3%. This is below average and may indicate limited pricing power.
CARVANA CO. (CVNA) has a market capitalization of $59.8B. It is classified as a large-cap stock.
CARVANA CO. (CVNA) does not currently pay a regular dividend.
Based on historical P/E analysis, CARVANA CO. (CVNA) appears cheap. The current P/E of 42.5 is 32% below its historical median of 62.6. The estimated fair value CAGR (P/E method) is 31.8%.
CARVANA CO. (CVNA) operates in the Retail-Auto Dealers & Gasoline Stations industry, within the Consumer Cyclical sector.
CARVANA CO. (CVNA) reported annual revenue of $20.3 billion in its most recent fiscal year, based on SEC EDGAR filings.
CARVANA CO. (CVNA) has a net profit margin of 6.9%. This is a modest margin.
CARVANA CO. (CVNA) generated $889 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
CARVANA CO. (CVNA) has a debt-to-equity ratio of 1.60. This indicates higher leverage, which may increase financial risk.
CARVANA CO. (CVNA) reported earnings per share (EPS) of $8.45 in its most recent fiscal year.
CARVANA CO. (CVNA) has a return on equity (ROE) of 59.9%. This indicates the company generates strong returns for shareholders.
CARVANA CO. (CVNA) has a 5-year average gross margin of 16.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 11 years of financial data for CARVANA CO. (CVNA), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
CARVANA CO. (CVNA) has a book value per share of $20.67, based on its most recent annual SEC filing.