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.
- Revenue
- +42.4%
- EPS
- +210.2%
- Free cash flow
- +59.4%
- Total debt
- +0.48%
Quarter to September 2026, against a year earlier
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Carvana Co. (CVNA) P/B ratio
As of 5 November 2026, Carvana Co. (CVNA) trades at a P/B ratio of 9.2×. Over the past ten years it has ranged from 0.0× (June 2024) to 486× (June 2020); the current reading is higher than 45% of that period. That is above the Auto & Truck Dealerships industry median of 1.4× and above the Consumer Cyclical sector median of 1.7×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 13.8× | (23.62%) |
| FY2024 | 18.1× | — |
| FY2023 | 0.0× | — |
| FY2022 | 0.0× | — |
| FY2021 | 36.6× | 88.37% |
| FY2020 | 19.4× | (13.61%) |
| FY2019 | 22.5× | 420.12% |
| FY2018 | 4.3× | 182.51% |
| FY2017 | 1.5× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 8.0× | (13.26%) |
| Jun 2026 | 9.2× | (5.11%) |
| Mar 2026 | 9.7× | (29.89%) |
| Dec 2025 | 13.8× | (22.35%) |
| 39 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| LAD Lithia Motors, Inc. compare | 1.0× |
| KMX CarMax, Inc. compare | 1.2× |
| RUSHA Rush Enterprises, Inc. compare | 2.2× |
| PAG Penske Automotive Group, Inc. compare | 2.3× |
| AN AutoNation, Inc. compare | 2.7× |
| OPLN OPENLANE, Inc. compare | 2.8× |
| RUSHB Rush Enterprises, Inc. compare | 2.9× |
| CVNA Carvana Co. | 9.2× |
| VVV Valvoline compare | 11.0× |
| Auto & Truck Dealerships industry median | 1.4× |
| Consumer Cyclical sector median | 1.7× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
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
- Price to free cash flow
- EV/EBITDA
- 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