stockrowCarvana Co.
CVNA Consumer Cyclical Auto & Truck Dealerships
Carvana Co.’s revenue for fiscal 2025 (year ended December 2025) was $20.3 billion, up 48.6% from fiscal 2024.
- Revenue
- +42.4%
- EPS
- +210.2%
- Free cash flow
- +59.4%
- Total debt
- +0.48%
Quarter to September 2026, against a year earlier
Follow CVNA
Alert me
Carvana Co. (CVNA) Debt to equity
Carvana Co.'s debt to equity at the end of the quarter to 30 September 2026 was 0.9×, down 0.3× from fiscal 2025 (1.2×). Over the past ten years it has ranged from −16.3× (fiscal 2023) to 10.3× (fiscal 2021); the current reading is higher than 55% of that period. That is above the Auto & Truck Dealerships industry median of 0.6× and above the Consumer Cyclical sector median of 0.2×.
Debt to equity, annual
Embed this chart
Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.2× | (70.29%) |
| FY2024 | 4.1× | — |
| FY2023 | −16.3× | — |
| FY2022 | −7.9× | — |
| FY2021 | 10.3× | 380.21% |
| FY2020 | 2.1× | (72.54%) |
| FY2019 | 7.8× | 180.70% |
| FY2018 | 2.8× | 157.49% |
| FY2017 | 1.1× | — |
| FY2016 | −1.5× | — |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Sep 2026 | 0.9× | (9.25%) |
| Jun 2026 | 1.0× | (8.41%) |
| Mar 2026 | 1.1× | (8.57%) |
| Dec 2025 | 1.2× | (30.97%) |
| 40 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| RUSHA Rush Enterprises, Inc. compare | 0.1× |
| RUSHB Rush Enterprises, Inc. compare | 0.2× |
| OPLN OPENLANE, Inc. compare | 0.3× |
| PAG Penske Automotive Group, Inc. compare | 0.4× |
| CVNA Carvana Co. | 0.9× |
| LAD Lithia Motors, Inc. compare | 1.5× |
| KMX CarMax, Inc. compare | 2.7× |
| AN AutoNation, Inc. compare | 3.0× |
| VVV Valvoline compare | 3.8× |
| Auto & Truck Dealerships industry median | 0.6× |
| Consumer Cyclical sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on CVNA
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement