profit from every $100 of sales.
$0$100
Carvana
$70.84-4.10% today
+7.9% in 1 year
1-year low $56.261-year high $95.69
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $75.11 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Carvana sold, what it kept, and what it did with the cash.
Sales went from $13.6 billion in 2022 to $20.3 billion in 2025, with $1.41 billion of profit last year.
SalesProfit
Carvana vs. similar companies
Carvana grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Carvana | 75.1× · Very expensive | ||
 Hotai Motor Co.,Ltd. | 15.4× · Fair price | ||
 AutoNation | 8.9× · Cheap | ||
 USS | 22.3× · Fair price | ||
 AUTO1 Group | 43.8× · Expensive |
Compare Carvana with Airbnb · Amazon · Alibaba · Booking Holdings · Casey's General Stores · Copart · Home Depot · Hilton Worldwide Holdings
AI analysis
An AI analyst reads Carvana's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 5,587 | 12,814 | 13,604 | 10,771 | 13,673 | 20,322 | |
| 794 | 1,929 | 1,246 | 1,724 | 2,876 | 4,192 | |
| – | – | -1,504 | -80 | 990 | 1,881 | |
| – | – | -2,146 | 1,159 | 1,356 | -110 | |
| -171 | -135 | -1,587 | 450 | 210 | 1,407 | |
| – | – | -3.15 | 0.15 | 0.32 | 1.69 | |
| 14.2% | 15.1% | 9.2% | 16.0% | 21.0% | 20.6% | |
| – | – | -11.1% | -0.7% | 7.2% | 9.3% | |
| -3.1% | -1.1% | -11.7% | 4.2% | 1.5% | 6.9% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 3,035 | 7,015 | 8,698 | 7,071 | 8,484 | 13,201 |
| Cash | 301 | 403 | 434 | 530 | 1,716 | 2,327 |
| Total debt | 1,863 | 5,752 | 8,816 | 6,706 | 6,046 | 5,521 |
| Total liabilities | 2,233 | 6,490 | 9,751 | 7,455 | 7,109 | 8,998 |
| 388 | 306 | -518 | 243 | 1,260 | 3,441 | |
| – | – | 504 | 1,003 | 661 | 1,121 | |
| – | – | -22.9% | 9.2% | 11.4% | -3.4% | |
| -44.1% | -44.1% | 306.4% | 185.2% | 16.7% | 40.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| -608 | -2,594 | -1,324 | 803 | 918 | 1,036 | |
| 360 | 557 | 512 | 87 | 91 | 147 | |
| -968 | -3,151 | -1,836 | 716 | 827 | 889 | |
| Dividends paid | – | – | – | – | – | – |
| – | – | – | – | – | – | |
| 25 | 39 | 69 | 73 | 91 | 96 |
Valuation
- 75.1×
- 9.1×
- –
- 23.2×
- 5.2×
- 118.9×
- –
- 0.8%
- 1.3%
- 0.0%
Profitability
- 20.6%
- 9.3%
- 6.9%
- -0.2%
- -3.5%
- -1.5%
- 57.2%
- 11.6%
- 17.2%
- –
Growth
- +29.5%
- –
- +7.5%
- –
- +30.5%
Financial health
- –
- 1.60
- 4.5%
- -0.8×
- 4.31
- 2.57
- 1.64
How it ranks in Consumer Discretionary
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 5%of 977
Top 44%of 992
Bottom 7%of 856
Top 9%of 993
Bottom 20%of 980
What analysts expect
- Average price target
- $484.00
- Range
- $320.00 – $600.00
- 13 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 29, 2026 | 0.34 | 0.32 | +7.4% |
| Feb 18, 2026 | 0.84 | 0.23 | +265.2% |
| Oct 29, 2025 | 1.03 | 1.30 | −20.8% |
| Jul 30, 2025 | 1.28 | 1.17 | +9.4% |
| May 7, 2025 | 1.51 | 0.73 | +106.0% |
| Feb 19, 2025 | 0.56 | 0.29 | +93.9% |
| Oct 30, 2024 | 0.64 | 0.23 | +178.3% |
| Jul 31, 2024 | 0.14 | -0.04 | +417.1% |
News
Is Carvana Stock Paying You Enough For The Swings?Yahoo Finance · Nov 6, 2026Carvana expects full-year 2026 adjusted EBITDA in the higher end of $2.7B-$3.0B range as it targets 3M units and 13.5% marginSeeking Alpha · Oct 29, 2026Is There A Risk Hiding In Carvana Stock's Record Quarter?Yahoo Finance · Oct 9, 2026YieldMax CVNA Option Income Strategy ETF declares $0.2215 dividendSeeking Alpha · Sep 17, 2026Carvana shares are under pressure this week as Mark Walter probe fuels investor jittersCNBC Markets · Aug 19, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
20No pass
Benjamin Graham
23No pass
Philip Fisher
26No pass
Peter Lynch
70Pass
Joel Greenblatt
3No pass
Charlie Munger
22No pass
Terry Smith
31No pass
Questions about Carvana
Is Carvana a good stock to buy?
A business with weak numbers, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Carvana AI analysis
What does Carvana do?
Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It is in Auto & Truck Dealerships, based in Tempe, AZ, United States, with 23,100 employees.
Does Carvana pay a dividend?
No. Carvana does not pay a dividend at the moment.
Is Carvana stock halal?
Yes. Carvana passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Carvana stock done over the past year?
Up 7.9% over the past twelve months, to $70.84. It traded between $56.26 and $95.69 and is 26.0% below its high.
Who are Carvana's competitors?
The largest listed companies in the same industry are Hotai Motor Co.,Ltd., AutoNation, USS and AUTO1 Group. The peers table on this page compares their profit, growth and price with Carvana's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.