| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | 1 | — | — | — | — | — | 1 | — | — |
| Sell | 8 | 10 | 14 | 4 | 5 | 5 | 4 | 4 | 6 | 3 | 5 | 4 |
| total | individual payouts | |
|---|---|---|
| 2025 | ‡‡‡ |
|
| 2024 | ‡‡‡ |
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 594.00 | 1,760.00 | 2,429.00 | 2,743.00 |
| Receivables | 1,073.00 | 915.00 | 1,058.00 | 1,298.00 |
| Inventory | 1,150.00 | 1,608.00 | 2,408.00 | 3,263.00 |
| Other | 504.00 | 586.00 | 654.00 | 702.00 |
| 3,321.00 | 4,869.00 | 6,549.00 | 8,006.00 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 596.00 | 856.00 | 1,100.00 | 1,461.00 |
| ST’ Debt | 857.00 | 376.00 | 285.00 | 382.00 |
| Other | 83.00 | 106.00 | 134.00 | 196.00 |
| 1,536.00 | 1,338.00 | 1,519.00 | 2,039.00 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 6,432.00 | 7,376.00 | — | — |
—
|
| ’25 | 4,232.00 | 4,840.00 | 5,647.00 | 5,603.00 |
20,322.00
|
| ’24 | 3,061.00 | 3,410.00 | 3,655.00 | 3,547.00 |
13,673.00
|
| ’23 | 2,606.00 | 2,968.00 | 2,773.00 | 2,424.00 |
10,771.00
|
| ’22 | 3,497.00 | 3,884.00 | 3,386.00 | 2,837.00 |
13,604.00
|
| ’21 | 2,245.00 | 3,336.00 | 3,480.00 | 3,753.00 |
12,814.00
|
| ’20 | 1,098.00 | 1,118.00 | 1,544.00 | 1,827.00 |
5,587.00
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 107.00 | 238.00 | — | — |
—
|
| ’25 | 232.00 | 29.00 | 345.00 | 430.00 |
1,036.00
|
| ’24 | 101.00 | 354.00 | 403.00 | 60.00 |
918.00
|
| ’23 | (66.00) | 509.00 | 599.00 | (239.00) |
803.00
|
| ’22 | (593.00) | 106.00 | (98.00) | (739.00) |
(1,324.00)
|
| ’21 | (532.00) | (607.00) | (283.00) | (1,172.00) |
(2,594.00)
|
| ’20 | (168.00) | (7.00) | (272.00) | (161.00) |
(608.00)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 56.00 | 189.00 | — | — |
—
|
| ’25 | 206.00 | (2.00) | 308.00 | 379.00 |
891.00
|
| ’24 | 88.00 | 335.00 | 377.00 | 38.00 |
838.00
|
| ’23 | (86.00) | 512.00 | 605.00 | (243.00) |
788.00
|
| ’22 | (813.00) | (35.00) | (188.00) | (756.00) |
(1,792.00)
|
| ’21 | (614.00) | (719.00) | (479.00) | (1,339.00) |
(3,151.00)
|
| ’20 | (258.00) | (88.00) | (371.00) | (251.00) |
(968.00)
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.34 | 0.42 | — | — |
—
|
| ’25 | 0.30 | 0.26 | 0.21 | 0.84 |
1.69
|
| ’24 | 0.05 | 0.03 | 0.13 | 0.11 |
0.32
|
| ’23 | (0.30) | (0.11) | 0.72 | (0.20) |
0.15
|
| ’22 | (0.58) | (0.47) | (0.53) | (1.52) |
(3.15)
|
| ’21 | (0.09) | 0.05 | (0.08) | (0.20) |
(0.33)
|
| ’20 | (0.24) | (0.12) | (0.02) | (0.17) |
(0.53)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | ‡‡‡‡ | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 0.71 | 0.85 | 8.04 | 29.65 | — | — | — |
Low Price
|
| — | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 48.12 | 12.52 | 53.67 | 97.07 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16,600 | 13,700 | 17,400 | 23,100 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.82 | 0.79 | 0.79 | 0.88 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 13,604.00 | 10,771.00 | 13,673.00 | 20,322.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.16% | 16.01% | 21.03% | 20.63% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2,893.00) | 175.00 | 400.00 | (890.00) | ‡‡‡‡‡ | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (21.27%) | 1.62% | 2.93% | (4.38%) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2,894.00) | 150.00 | 404.00 | 1,895.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,135.00 | 376.00 | 320.00 | 285.00 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 26.98 | 19.70 | 22.35 | 29.53 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.15) | 0.82 | 0.34 | 2.04 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.63) | 1.47 | 1.50 | 1.51 | ‡‡‡‡ | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.93) | (0.03) | (0.13) | (0.21) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (3.55) | 1.44 | 1.37 | 1.29 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.09) | (0.70) | 2.25 | 6.11 | ‡‡‡‡‡ | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 504.14 | 546.62 | 611.72 | 688.17 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡ | 0.00 | 12.24 | 120.33 | 41.82 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.03 | 0.50 | 1.82 | 2.86 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.00 | 0.00 | 18.09 | 13.82 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.60 | 1.02 | 2.10 | 2.99 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (4.55) | 13.98 | 34.31 | 68.20 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,324.00) | 803.00 | 918.00 | 1,036.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (468.00) | (15.00) | (80.00) | (145.00) | ‡‡‡‡‡ | ‡‡‡‡‡ | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,792.00) | 788.00 | 838.00 | 891.00 | ‡‡‡‡‡ | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,002.00 | 1,785.00 | 3,531.00 | 5,030.00 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8,309.00 | 6,273.00 | 5,632.00 | 5,115.00 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7,681.00 | 5,679.00 | 3,872.00 | 2,686.00 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1,053.00) | (384.00) | 1,375.00 | 4,203.00 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (20.20%) | 5.71% | 2.70% | 12.98% | ‡‡‡‡‡ | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (22.17%) | (0.94%) | 11.79% | 17.07% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 601.14% | (62.63%) | 42.38% | 50.45% | ‡‡‡‡‡ | — | — |
ROE
|
Carvana Co. (CVNA) stands as a testament to the used-car sector’s wild volatility, surging from pandemic-era e-commerce darling—with revenue exploding from $858 million in 2017 to $12.81 billion in 2021—to the brink of collapse in 2022 amid rate hikes and inventory woes, its stock cratering 99% from $377 to $3.55. A masterful turnaround followed: aggressive cost cuts, debt restructuring, and gross margins ballooning to 21% propelled profitability, with net income flipping to $404 million in 2024 and shares rocketing 6,400% from $4 lows to $268 highs, mirroring macro healing as used-car prices stabilized.
Revenue reaccelerated 27% to $13.67 billion in 2024, with forecasts eyeing $19.99 billion in 2025 (+46%) and a 25%+ CAGR through 2027, fueled by omnichannel efficiencies and revenue per employee holding at ~$786,000. Free cash flow turned positive, debt slashed 32%, and ROIC hit 11.8%, positioning Carvana to grab share in the $1 trillion market against fading rivals like Vroom.
Yet caution tempers the bull case: prolific insider selling (over $2 billion proceeds, zero buys) amid lofty valuations (forward PE 70x, EV/Sales 2.1x) signals profit-taking at peaks near $400. Macro risks—rising unemployment, geopolitical snarls, and competition—loom, demanding flawless execution for projected EPS of $10.74 by 2027. A high-conviction growth story, but one for the bold.
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