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.

58.55 2.07 −3.41%
Market cap
$66.7B
P/E
26.5×
Fwd P/E
42.4×
Dividend yield
—
F-score
6/9
Altman Z
6.34
Beneish M
−0.99
Dividend safety
n/a

Carvana Co. (CVNA) Net margin

Alert me on Net margin

Carvana Co.'s net margin over the twelve months to 30 June 2026 was 6.26%, down 0.7 percentage points from fiscal 2025 (6.92%). Over the past ten years it has ranged from −25.5% (fiscal 2016) to 6.92% (fiscal 2025) — the current reading is the highest in ten years. That is above the Auto & Truck Dealerships industry median of 1.18% and above the Consumer Cyclical sector median of 1.67%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 6.92% 5.38
FY2024 1.54% (2.64)
FY2023 4.18% 15.85
FY2022 −11.7% (10.62)
FY2021 −1.05% 2.01
FY2020 −3.06% (0.14)
FY2019 −2.92% 0.20
FY2018 −3.12% 4.39
FY2017 −7.51% 17.99
FY2016 −25.5% (22.43)

Quarterly newest first

Period Net margin Change (points)
Jun 2026 4.20% 0.31
Mar 2026 3.89% (11.41)
Dec 2025 15.3% 12.63
Sep 2025 2.67% (1.11)
38 more quarters

Against its own ten years

Low −25.5% High 6.92%
Ten-year median −3.06%
Current reading's percentile 95

Net margin against peers

Company Net margin
CVNA Carvana Co. 6.26%
VVV Valvoline compare 5.17%
RUSHB Rush Enterprises, Inc. compare 3.67%
RUSHA Rush Enterprises, Inc. compare 3.67%
AN AutoNation, Inc. compare 2.82%
PAG Penske Automotive Group, Inc. compare 2.81%
LAD Lithia Motors, Inc. compare 1.88%
KMX CarMax, Inc. compare 1.06%
OPLN OPENLANE, Inc. compare −3.08%
Auto & Truck Dealerships industry median 1.18%
Consumer Cyclical sector median 1.67%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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