Carvana 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. In the quarter to June 2026, revenue grew 52.4%, EPS grew 59.3%, free cash flow grew 9,550.0% and total debt fell 8.25%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years; insiders bought in the last twelve months.
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Carvana Co. (CVNA) EV/EBITDA
As of 16 October 2026, Carvana Co. (CVNA) trades at a EV/EBITDA of 17.6×. Over the past ten years it has ranged from 0.0× (December 2023) to 4,751× (October 2021); the current reading is higher than 63% of that period. That is above the Auto & Truck Dealerships industry median of 8.6× and above the Consumer Cyclical sector median of 9.3×.
EV/EBITDA, daily
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Annual newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| FY2025 | 28.1× | 27.83% |
| FY2024 | 21.9× | (41.05%) |
| FY2023 | 37.2× | — |
| FY2022 | 0.0× | — |
| FY2021 | 1,998× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | EV/EBITDA | Change |
|---|---|---|
| Jun 2026 | 19.7× | (2.53%) |
| Mar 2026 | 20.2× | (27.92%) |
| Dec 2025 | 28.1× | 1.35% |
| Sep 2025 | 27.7× | 0.80% |
| 38 more quarters | Free account |
Against its own ten years
EV/EBITDA against peers
| Company | EV/EBITDA |
|---|---|
| AN AutoNation, Inc. compare | 7.7× |
| LAD Lithia Motors, Inc. compare | 8.0× |
| RUSHA Rush Enterprises, Inc. compare | 8.6× |
| OPLN OPENLANE, Inc. compare | 10.3× |
| RUSHB Rush Enterprises, Inc. compare | 10.8× |
| PAG Penske Automotive Group, Inc. compare | 11.8× |
| VVV Valvoline compare | 12.5× |
| CVNA Carvana Co. | 17.6× |
| KMX CarMax, Inc. compare | 21.9× |
| Auto & Truck Dealerships industry median | 8.6× |
| Consumer Cyclical sector median | 9.3× |
| Market median | 11.0× |
What EV/EBITDA is
Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)
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/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement