Carvana Co.: stock overview

CVNANYSEConsumer cyclical · Retail-Auto Dealers & Gasoline Stations

Price

$72.37

November 13, 2026Market cap $52.2B

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What Ploutos Investor adds for Carvana

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See the plans
  • The full history: 11 fiscal years, from 2015
  • The estimated fair value, with its range and its certainty
  • The full analysis, 18 a month
  • More questions to the chat on its filings
  • Excel with every year
  • An email when it reports, changes its dividend or an officer buys

Sign in with a free account to see the last 5 fiscal years.

Notes on these figures

  • The share price has risen 23% since Oct 28, 2026, when the 10-Q these figures come from was filed ($59.05 then, $72.37 on Nov 13, 2026). The figures date from before that move.10-Q
  • Most of the reported profit is a tax credit, not money earned from customers. We leave out the P/E and the earnings growth, which would not compare with a company that paid tax.

In short

Carvana had revenue of $27.5B over the last 12 months and net income of $1.7B, a net margin of 6.2%. Revenue grew by 29.5% a year on average over the last 5 years. It has net debt of $2.2B. It pays no dividend.

From its SEC filings (latest fiscal year to December 31, 2025) and the price of November 13, 2026.

Its SEC filings
Market cap
$52.2B
721M shares
P/E
–
median of 3 years: 14.1
Revenue, 12 months
$27.5B
+29.5% a year over 5 years
Net margin
6.2%
2025: 6.9%, above 80% of its industry

Worth knowing

What a holder would want to hear from the company's SEC filings of the last three years. Each with its filing, without comment.

3 fiscal years in figures

Each fiscal year's figures as the company filed them, and the share price at its end.

2023–2025 fiscal years

+37.4% a year over 2 years

  • 202510-K
    Revenue$20.3B
  • 202410-K
    Revenue$13.7B
  • 202310-K
    Revenue$10.8B

Fiscal years in figures

CVNA's revenue, profit, cash flow and dividend with each year-end price, from 2015 to 2022, 8 more fiscal years

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Key figures

The company's current figures in five groups. Each term is explained behind its ⓘ.

Valuation

Market cap 3-year median: $5.0B
$52.2B
Enterprise value 
$54.4B
P/E 3-year median: 14.1
–
EV / EBIT 
22.7
EV / Revenue 
2.0
P/B 3-year median: 3.9
12.0
FCF yield 3-year median: 16.6%
2.1%
Earnings yield 3-year median: 7.1%
–

Profitability

Gross margin 
19.0%
Operating margin 
8.7%
Net margin 3-year median: 4.2%
6.2%
ROIC 
21.8%
ROIC, 5-year average 
1.0%
ROE 
47.9%

Growth

Revenue, yearly change 
+48.6%
EPS, yearly change 
–
FCF, yearly change 
+7.5%
Revenue, average a year 
+29.5%

The yearly change compares FY2025 with FY2024.

Balance sheet

Cash 
$3.0B
Total debt 
$5.7B
Of which operating leases 
$469M
Net debt 
$2.2B
Net debt / EBITDA 
–
Interest cover 
6.1x
Current ratio 
4.05

Balance sheet of September 30, 2026.

Returns to shareholders

Dividend yield 
0.00%
Buybacks 
–
Total returned 
0.00%
Shares, yearly change 
+12.5%
Valuation against its own pastEach fiscal year's P/E, P/FCF and P/B beside today's, and the DCF calculator for the company.Valuation

Against its industry

Where its margins and returns stood in fiscal 2025 among the SEC filers of its industry (SIC code 55).

Gross margin

20.6%

Above 23% of all companies (its industry has too few to compare).

Operating margin

9.3%

Above 76% of the 19 companies in its industry, and 62% of all.

Net margin

6.9%

Above 80% of the 23 companies in its industry, and 58% of all.

ROE

40.9%

Above 92% of the 20 companies in its industry, and 95% of all.

ROA

10.7%

Above 85% of the 23 companies in its industry, and 88% of all.

Revenue growth

48.6%

Above 93% of the 23 companies in its industry, and 94% of all.

From the yearly figures every company files with the SEC, for those with revenue of at least $25 million. The industry is the first two digits of the SIC code.

The company at the SEC

How it is registered and when its fiscal year ends.

Name at the SEC
CARVANA CO.
CIK
1690820
Exchange
NYSE
Industry (SIC)
5500 · Retail-Auto Dealers & Gasoline Stations
Fiscal year ends
December 31
Latest annual report
December 31, 2025
Reporting currency
USD
Shares
721M

Other companies: Consumer cyclical

The largest companies of the same sector, each with its own page.

The Consumer cyclical sectorAll companies

The full analysis

What do Carvana's filings show?

These are Carvana's figures. The full Ploutos AI analysis reads everything the company has filed and shows what stands behind it, with a source for every figure.

  • A fair value range built from the filings
  • Earnings quality, debt and red flags
  • Insider and institutional moves
  • The case for and the case against

Questions about CVNA

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What is CVNA's market cap?

Carvana Co.'s market cap is $52.2B, at a price of $72.37 on November 13, 2026 and 721M shares.

How much revenue does CVNA have?

Carvana had revenue of $27.5B over the last 12 months. Over the last 5 years it changed by +29.5% a year on average.

Does CVNA pay a dividend?

No. Carvana paid no regular dividend over the last 12 months.

Where do the figures come from?

From Carvana Co.'s SEC filings (10-K and 10-Q) and the share price. They hold no analyst estimates and no score, and they are not a recommendation.

Related pages

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

US stocksThe market today, the sectors, the largest companies and the week's results.The market's sectorsThe 11 sectors side by side: returns, share of the market, median P/E and dividend.Compare stocksTwo companies side by side: price over up to ten years, with and without dividends, and every figure.US dividend stocksEach dividend's yield next to whether the company's cash covers it and whether it was ever cut.

The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.