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) Return on invested capital
Carvana Co.'s return on invested capital over the twelve months to 30 June 2026 was 18.3%, up 1.2 percentage points from fiscal 2025 (17.1%). Over the past ten years it has ranged from −1,042.8% (fiscal 2016) to 17.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Auto & Truck Dealerships industry median of 6.85% and above the Consumer Cyclical sector median of 2.95%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 17.1% | 5.28 |
| FY2024 | 11.8% | 12.73 |
| FY2023 | −0.94% | 21.23 |
| FY2022 | −22.2% | (20.94) |
| FY2021 | −1.23% | 8.22 |
| FY2020 | −9.45% | 1.67 |
| FY2019 | −11.1% | 7.38 |
| FY2018 | −18.5% | 6.09 |
| FY2017 | −24.6% | 1,018.19 |
| FY2016 | −1,042.8% | (1,042.78) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| CVNA Carvana Co. | 18.3% |
| VVV Valvoline compare | 9.72% |
| RUSHB Rush Enterprises, Inc. compare | 9.44% |
| RUSHA Rush Enterprises, Inc. compare | 9.44% |
| AN AutoNation, Inc. compare | 9.19% |
| PAG Penske Automotive Group, Inc. compare | 9.18% |
| OPLN OPENLANE, Inc. compare | 7.90% |
| LAD Lithia Motors, Inc. compare | 6.20% |
| KMX CarMax, Inc. compare | 1.58% |
| Auto & Truck Dealerships industry median | 6.85% |
| Consumer Cyclical sector median | 2.95% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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
- 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