CARVANA CO (CVNA) Fundamental Analysis & Valuation

NYSE:CVNA • US1468691027

300.15 USD
+7.51 (+2.57%)
At close: Mar 13, 2026
300.52 USD
+0.37 (+0.12%)
After Hours: 3/13/2026, 5:37:03 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CVNA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Overall CVNA gets a fundamental rating of 6 out of 10. We evaluated CVNA against 124 industry peers in the Specialty Retail industry. While CVNA has a great health rating, its profitability is only average at the moment. CVNA is valued quite expensive, but it does show an excellent growth. This makes CVNA very considerable for growth investing!


Dividend Valuation Growth Profitability Health

6

1. CVNA Profitability Analysis

1.1 Basic Checks

  • CVNA had positive earnings in the past year.
  • CVNA had a positive operating cash flow in the past year.
  • In multiple years CVNA reported negative net income over the last 5 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 2025 0 1B -1B -2B -3B

1.2 Ratios

  • The Return On Assets of CVNA (10.66%) is better than 87.10% of its industry peers.
  • CVNA has a Return On Equity of 40.89%. This is amongst the best in the industry. CVNA outperforms 92.74% of its industry peers.
  • CVNA has a Return On Invested Capital of 12.66%. This is amongst the best in the industry. CVNA outperforms 83.87% of its industry peers.
Industry RankSector Rank
ROA 10.66%
ROE 40.89%
ROIC 12.66%
ROA(3y)6.5%
ROA(5y)-0.13%
ROE(3y)80.91%
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 2025 0 100 -100 200 300

1.3 Margins

  • Looking at the Profit Margin, with a value of 6.92%, CVNA belongs to the top of the industry, outperforming 83.06% of the companies in the same industry.
  • Looking at the Operating Margin, with a value of 9.26%, CVNA belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
  • Looking at the Gross Margin, with a value of 20.62%, CVNA is doing worse than 75.81% of the companies in the same industry.
  • CVNA's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.26%
PM (TTM) 6.92%
GM 20.62%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y31.08%
GM growth 5Y7.74%
CVNA Yearly Profit, Operating, Gross MarginsCVNA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. CVNA Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CVNA is still creating some value.
  • CVNA has more shares outstanding than it did 1 year ago.
  • CVNA has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for CVNA has been reduced compared to a year ago.
CVNA Yearly Shares OutstandingCVNA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 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 2025 2B 4B 6B 8B 10B

2.2 Solvency

  • An Altman-Z score of 6.40 indicates that CVNA is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.40, CVNA belongs to the top of the industry, outperforming 92.74% of the companies in the same industry.
  • CVNA has a debt to FCF ratio of 5.75. This is a neutral value as CVNA would need 5.75 years to pay back of all of its debts.
  • With a decent Debt to FCF ratio value of 5.75, CVNA is doing good in the industry, outperforming 62.90% of the companies in the same industry.
  • A Debt/Equity ratio of 1.42 is on the high side and indicates that CVNA has dependencies on debt financing.
  • CVNA has a Debt to Equity ratio of 1.42. This is in the lower half of the industry: CVNA underperforms 62.10% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 5.75
Altman-Z 6.4
ROIC/WACC1.3
WACC9.72%
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 2025 0 2B -2B 4B 6B

2.3 Liquidity

  • CVNA has a Current Ratio of 4.31. This indicates that CVNA is financially healthy and has no problem in meeting its short term obligations.
  • The Current ratio of CVNA (4.31) is better than 95.97% of its industry peers.
  • A Quick Ratio of 2.73 indicates that CVNA has no problem at all paying its short term obligations.
  • The Quick ratio of CVNA (2.73) is better than 92.74% of its industry peers.
Industry RankSector Rank
Current Ratio 4.31
Quick Ratio 2.73
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 2025 2B 4B 6B

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

8

3. CVNA Growth Analysis

3.1 Past

  • CVNA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 210.83%, which is quite impressive.
  • Looking at the last year, CVNA shows a very strong growth in Revenue. The Revenue has grown by 48.63%.
  • CVNA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 29.47% yearly.
EPS 1Y (TTM)210.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%89.29%
Revenue 1Y (TTM)48.63%
Revenue growth 3Y14.31%
Revenue growth 5Y29.47%
Sales Q2Q%57.96%

3.2 Future

  • Based on estimates for the next years, CVNA will show a quite strong growth in Earnings Per Share. The EPS will grow by 18.75% on average per year.
  • The Revenue is expected to grow by 23.68% on average over the next years. This is a very strong growth
EPS Next Y46.14%
EPS Next 2Y43.13%
EPS Next 3Y37.51%
EPS Next 5Y18.76%
Revenue Next Year33.92%
Revenue Next 2Y28.57%
Revenue Next 3Y25.34%
Revenue Next 5Y23.68%

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 20B 40B 60B 80B 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 15

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Find the best growth stocksShow best growing peers

3

4. CVNA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 61.51, CVNA can be considered very expensive at the moment.
  • CVNA's Price/Earnings ratio is in line with the industry average.
  • CVNA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.71.
  • A Price/Forward Earnings ratio of 42.09 indicates a quite expensive valuation of CVNA.
  • CVNA's Price/Forward Earnings is on the same level as the industry average.
  • CVNA's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 23.82.
Industry RankSector Rank
PE 61.51
Fwd PE 42.09
CVNA Price Earnings VS Forward Price EarningsCVNA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CVNA indicates a slightly more expensive valuation: CVNA is more expensive than 65.32% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as CVNA.
Industry RankSector Rank
P/FCF 73.89
EV/EBITDA 30.97
CVNA Per share dataCVNA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80

4.3 Compensation for Growth

  • CVNA's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • CVNA has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as CVNA's earnings are expected to grow with 37.51% in the coming years.
PEG (NY)1.33
PEG (5Y)N/A
EPS Next 2Y43.13%
EPS Next 3Y37.51%

More info and screens

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

0

5. CVNA Dividend Analysis

5.1 Amount

  • CVNA does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CVNA Fundamentals: All Metrics, Ratios and Statistics

CARVANA CO

NYSE:CVNA (3/13/2026, 5:37:03 PM)

After market: 300.52 +0.37 (+0.12%)

300.15

+7.51 (+2.57%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners103.75%
Inst Owner Change4.94%
Ins Owners2.11%
Ins Owner Change-0.19%
Market Cap65.69B
Revenue(TTM)20.32B
Net Income(TTM)1.41B
Analysts80.63
Price Target429.34 (43.04%)
Short Float %11.01%
Short Ratio3.23
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)0
Avg EPS beat(2)-12.67%
Min EPS beat(2)-19.89%
Max EPS beat(2)-5.45%
EPS beat(4)2
Avg EPS beat(4)29.69%
Min EPS beat(4)-19.89%
Max EPS beat(4)130.76%
EPS beat(8)6
Avg EPS beat(8)98.02%
EPS beat(12)9
Avg EPS beat(12)74.67%
EPS beat(16)10
Avg EPS beat(16)53.77%
Revenue beat(2)2
Avg Revenue beat(2)6.76%
Min Revenue beat(2)4.48%
Max Revenue beat(2)9.04%
Revenue beat(4)4
Avg Revenue beat(4)5.29%
Min Revenue beat(4)3.4%
Max Revenue beat(4)9.04%
Revenue beat(8)8
Avg Revenue beat(8)5.65%
Revenue beat(12)9
Avg Revenue beat(12)3.94%
Revenue beat(16)10
Avg Revenue beat(16)1.46%
PT rev (1m)-10.45%
PT rev (3m)0.75%
EPS NQ rev (1m)-4.68%
EPS NQ rev (3m)-8.81%
EPS NY rev (1m)-0.19%
EPS NY rev (3m)-1%
Revenue NQ rev (1m)3.81%
Revenue NQ rev (3m)5.53%
Revenue NY rev (1m)5.02%
Revenue NY rev (3m)5.78%
Valuation
Industry RankSector Rank
PE 61.51
Fwd PE 42.09
P/S 3.23
P/FCF 73.89
P/OCF 63.41
P/B 19.09
P/tB 19.41
EV/EBITDA 30.97
EPS(TTM)4.88
EY1.63%
EPS(NY)7.13
Fwd EY2.38%
FCF(TTM)4.06
FCFY1.35%
OCF(TTM)4.73
OCFY1.58%
SpS92.86
BVpS15.72
TBVpS15.46
PEG (NY)1.33
PEG (5Y)N/A
Graham Number41.55
Profitability
Industry RankSector Rank
ROA 10.66%
ROE 40.89%
ROCE 16.1%
ROIC 12.66%
ROICexc 15.79%
ROICexgc 15.88%
OM 9.26%
PM (TTM) 6.92%
GM 20.62%
FCFM 4.37%
ROA(3y)6.5%
ROA(5y)-0.13%
ROE(3y)80.91%
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 3Y31.08%
GM growth 5Y7.74%
F-Score5
Asset Turnover1.54
Health
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 5.75
Debt/EBITDA 2.27
Cap/Depr 53.45%
Cap/Sales 0.72%
Interest Coverage 5.6
Cash Conversion 48.05%
Profit Quality 63.18%
Current Ratio 4.31
Quick Ratio 2.73
Altman-Z 6.4
F-Score5
WACC9.72%
ROIC/WACC1.3
Cap/Depr(3y)36%
Cap/Depr(5y)166.93%
Cap/Sales(3y)0.73%
Cap/Sales(5y)2.06%
Profit Quality(3y)205.37%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)210.83%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%89.29%
EPS Next Y46.14%
EPS Next 2Y43.13%
EPS Next 3Y37.51%
EPS Next 5Y18.76%
Revenue 1Y (TTM)48.63%
Revenue growth 3Y14.31%
Revenue growth 5Y29.47%
Sales Q2Q%57.96%
Revenue Next Year33.92%
Revenue Next 2Y28.57%
Revenue Next 3Y25.34%
Revenue Next 5Y23.68%
EBIT growth 1Y90%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year49.8%
EBIT Next 3Y34.05%
EBIT Next 5Y30.05%
FCF growth 1Y7.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y12.85%
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 6 / 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 6 / 10.


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

The financial health rating of CARVANA CO (CVNA) is 7 / 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%.