CARVANA CO (CVNA) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:CVNA • US1468691027

411.61 USD
+7.94 (+1.97%)
At close: Feb 9, 2026
411.01 USD
-0.6 (-0.15%)
After Hours: 2/9/2026, 6:05:17 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall CVNA gets a fundamental rating of 5 out of 10. We evaluated CVNA against 120 industry peers in the Specialty Retail industry. Both the profitability and the financial health of CVNA get a neutral evaluation. Nothing too spectacular is happening here. CVNA shows excellent growth, but is valued quite expensive already. These ratings could make CVNA a good candidate for growth investing.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • CVNA had positive earnings in the past year.
  • CVNA had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: CVNA reported negative net income in multiple years.
  • In multiple years CVNA reported negative operating cash flow during the last 5 years.
CVNA Yearly Net Income VS EBIT VS OCF VS FCFCVNA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -1B -2B -3B

1.2 Ratios

  • The Return On Assets of CVNA (6.38%) is better than 75.83% of its industry peers.
  • CVNA has a Return On Equity of 27.60%. This is amongst the best in the industry. CVNA outperforms 86.67% of its industry peers.
  • CVNA has a Return On Invested Capital of 17.57%. This is amongst the best in the industry. CVNA outperforms 85.83% of its industry peers.
Industry RankSector Rank
ROA 6.38%
ROE 27.6%
ROIC 17.57%
ROA(3y)-3.14%
ROA(5y)-3.39%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
CVNA Yearly ROA, ROE, ROICCVNA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 200 300

1.3 Margins

  • Looking at the Profit Margin, with a value of 3.44%, CVNA is in the better half of the industry, outperforming 70.83% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 9.40%, CVNA belongs to the top of the industry, outperforming 80.83% of the companies in the same industry.
  • CVNA has a Gross Margin of 21.37%. This is in the lower half of the industry: CVNA underperforms 78.33% of its industry peers.
  • CVNA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.4%
PM (TTM) 3.44%
GM 21.37%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.8%
GM growth 5Y10.37%
CVNA Yearly Profit, Operating, Gross MarginsCVNA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

6

2. Health

2.1 Basic Checks

  • CVNA has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
  • Compared to 1 year ago, CVNA has more shares outstanding
  • CVNA has more shares outstanding than it did 5 years ago.
  • Compared to 1 year ago, CVNA has an improved debt to assets ratio.
CVNA Yearly Shares OutstandingCVNA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
CVNA Yearly Total Debt VS Total AssetsCVNA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • An Altman-Z score of 9.84 indicates that CVNA is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 9.84, CVNA belongs to the best of the industry, outperforming 97.50% of the companies in the same industry.
  • The Debt to FCF ratio of CVNA is 9.53, which is on the high side as it means it would take CVNA, 9.53 years of fcf income to pay off all of its debts.
  • CVNA's Debt to FCF ratio of 9.53 is in line compared to the rest of the industry. CVNA outperforms 55.83% of its industry peers.
  • A Debt/Equity ratio of 2.14 is on the high side and indicates that CVNA has dependencies on debt financing.
  • The Debt to Equity ratio of CVNA (2.14) is worse than 69.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.14
Debt/FCF 9.53
Altman-Z 9.84
ROIC/WACC1.84
WACC9.53%
CVNA Yearly LT Debt VS Equity VS FCFCVNA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B

2.3 Liquidity

  • A Current Ratio of 4.05 indicates that CVNA has no problem at all paying its short term obligations.
  • CVNA has a better Current ratio (4.05) than 93.33% of its industry peers.
  • A Quick Ratio of 2.55 indicates that CVNA has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 2.55, CVNA belongs to the top of the industry, outperforming 91.67% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.05
Quick Ratio 2.55
CVNA Yearly Current Assets VS Current LiabilitesCVNA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. Growth

3.1 Past

  • CVNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 43700.00%, which is quite impressive.
  • CVNA shows a strong growth in Revenue. In the last year, the Revenue has grown by 45.55%.
  • The Revenue has been growing by 28.25% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)43700%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60.94%
Revenue 1Y (TTM)45.55%
Revenue growth 3Y2.19%
Revenue growth 5Y28.25%
Sales Q2Q%54.5%

3.2 Future

  • The Earnings Per Share is expected to grow by 49.29% on average over the next years. This is a very strong growth
  • Based on estimates for the next years, CVNA will show a very strong growth in Revenue. The Revenue will grow by 27.94% on average per year.
EPS Next Y234.8%
EPS Next 2Y113.33%
EPS Next 3Y85.98%
EPS Next 5Y49.29%
Revenue Next Year48.39%
Revenue Next 2Y37.62%
Revenue Next 3Y32.94%
Revenue Next 5Y27.94%

3.3 Evolution

  • The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
CVNA Yearly Revenue VS EstimatesCVNA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50B 100B
CVNA Yearly EPS VS EstimatesCVNA Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 -5 10 -10

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • CVNA is valuated quite expensively with a Price/Earnings ratio of 93.97.
  • Compared to the rest of the industry, the Price/Earnings ratio of CVNA is on the same level as its industry peers.
  • Compared to an average S&P500 Price/Earnings ratio of 28.06, CVNA is valued quite expensively.
  • With a Price/Forward Earnings ratio of 57.61, CVNA can be considered very expensive at the moment.
  • CVNA's Price/Forward Earnings is on the same level as the industry average.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 27.86, CVNA is valued quite expensively.
Industry RankSector Rank
PE 93.97
Fwd PE 57.61
CVNA Price Earnings VS Forward Price EarningsCVNA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80

4.2 Price Multiples

  • 66.67% of the companies in the same industry are cheaper than CVNA, based on the Enterprise Value to EBITDA ratio.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of CVNA is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 164
EV/EBITDA 45.47
CVNA Per share dataCVNA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CVNA's earnings are expected to grow with 85.98% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.4
PEG (5Y)N/A
EPS Next 2Y113.33%
EPS Next 3Y85.98%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. Dividend

5.1 Amount

  • No dividends for CVNA!.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

CARVANA CO

NYSE:CVNA (2/9/2026, 6:05:17 PM)

After market: 411.01 -0.6 (-0.15%)

411.61

+7.94 (+1.97%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)10-29
Earnings (Next)02-18
Inst Owners98.05%
Inst Owner Change2.42%
Ins Owners2.14%
Ins Owner Change-0.48%
Market Cap89.54B
Revenue(TTM)18.27B
Net Income(TTM)629.00M
Analysts81.21
Price Target479.43 (16.48%)
Short Float %12.11%
Short Ratio3.79
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-3.28%
Min EPS beat(2)-19.89%
Max EPS beat(2)13.33%
EPS beat(4)3
Avg EPS beat(4)53.73%
Min EPS beat(4)-19.89%
Max EPS beat(4)130.76%
EPS beat(8)6
Avg EPS beat(8)97.4%
EPS beat(12)10
Avg EPS beat(12)84.87%
EPS beat(16)10
Avg EPS beat(16)52.77%
Revenue beat(2)2
Avg Revenue beat(2)6.22%
Min Revenue beat(2)3.4%
Max Revenue beat(2)9.04%
Revenue beat(4)4
Avg Revenue beat(4)5.4%
Min Revenue beat(4)3.4%
Max Revenue beat(4)9.04%
Revenue beat(8)7
Avg Revenue beat(8)4.34%
Revenue beat(12)8
Avg Revenue beat(12)2.72%
Revenue beat(16)10
Avg Revenue beat(16)1.45%
PT rev (1m)6.96%
PT rev (3m)12.6%
EPS NQ rev (1m)3.38%
EPS NQ rev (3m)9.38%
EPS NY rev (1m)0.5%
EPS NY rev (3m)4.96%
Revenue NQ rev (1m)0.39%
Revenue NQ rev (3m)8.08%
Revenue NY rev (1m)0.25%
Revenue NY rev (3m)5.31%
Valuation
Industry RankSector Rank
PE 93.97
Fwd PE 57.61
P/S 4.9
P/FCF 164
P/OCF 134.45
P/B 39.29
P/tB 39.96
EV/EBITDA 45.47
EPS(TTM)4.38
EY1.06%
EPS(NY)7.15
Fwd EY1.74%
FCF(TTM)2.51
FCFY0.61%
OCF(TTM)3.06
OCFY0.74%
SpS83.97
BVpS10.48
TBVpS10.3
PEG (NY)0.4
PEG (5Y)N/A
Graham Number32.13
Profitability
Industry RankSector Rank
ROA 6.38%
ROE 27.6%
ROCE 20.67%
ROIC 17.57%
ROICexc 23.6%
ROICexgc 23.75%
OM 9.4%
PM (TTM) 3.44%
GM 21.37%
FCFM 2.99%
ROA(3y)-3.14%
ROA(5y)-3.39%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y11.8%
GM growth 5Y10.37%
F-Score8
Asset Turnover1.85
Health
Industry RankSector Rank
Debt/Equity 2.14
Debt/FCF 9.53
Debt/EBITDA 2.45
Cap/Depr 42.86%
Cap/Sales 0.66%
Interest Coverage 5.04
Cash Conversion 33.35%
Profit Quality 86.8%
Current Ratio 4.05
Quick Ratio 2.55
Altman-Z 9.84
F-Score8
WACC9.53%
ROIC/WACC1.84
Cap/Depr(3y)83.57%
Cap/Depr(5y)253.76%
Cap/Sales(3y)1.75%
Cap/Sales(5y)3.2%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)43700%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%60.94%
EPS Next Y234.8%
EPS Next 2Y113.33%
EPS Next 3Y85.98%
EPS Next 5Y49.29%
Revenue 1Y (TTM)45.55%
Revenue growth 3Y2.19%
Revenue growth 5Y28.25%
Sales Q2Q%54.5%
Revenue Next Year48.39%
Revenue Next 2Y37.62%
Revenue Next 3Y32.94%
Revenue Next 5Y27.94%
EBIT growth 1Y147.76%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year132.01%
EBIT Next 3Y57.12%
EBIT Next 5Y41.43%
FCF growth 1Y215.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.8%
OCF growth 3YN/A
OCF growth 5YN/A

CARVANA CO / CVNA FAQ

What is the fundamental rating for CVNA stock?

ChartMill assigns a fundamental rating of 5 / 10 to CVNA.


Can you provide the valuation status for CARVANA CO?

ChartMill assigns a valuation rating of 3 / 10 to CARVANA CO (CVNA). This can be considered as Overvalued.


What is the profitability of CVNA stock?

CARVANA CO (CVNA) has a profitability rating of 5 / 10.


What is the financial health of CARVANA CO (CVNA) stock?

The financial health rating of CARVANA CO (CVNA) is 6 / 10.


How sustainable is the dividend of CARVANA CO (CVNA) stock?

The dividend rating of CARVANA CO (CVNA) is 0 / 10 and the dividend payout ratio is 0%.