Carvana Co.
CVNAShares dropped after reports Carvana struck a major partnership/acquisition of Stellantis dealerships, signaling a strategic pivot into brick-and-mortar new-car sales and higher-margin service revenue.
Insider Trading
View AllCarvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.
| Metric | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $13.67B | $10.77B | $13.60B | $12.81B | $5.59B | $3.94B | $1.96B | $858.87M |
| Cost of Revenue | $10.96B | $9.05B | $12.60B | $10.99B | $4.86B | $3.47B | $1.78B | $802.35M |
| Gross Profit | $2.71B | $1.72B | $1.00B | $1.83B | $721.57M | $466.75M | $174.27M | $56.52M |
| Gross Margin | 19.83% | 16.01% | 7.36% | 14.25% | 12.92% | 11.85% | 8.91% | 6.58% |
| Operating Expenses | $1.71B | $1.80B | $2.49B | $1.93B | $1.05B | $747.05M | $402.82M | $211.83M |
| Operating Income | $1.00B | $-80.00M | $-1.49B | $-104.00M | $-332.40M | $-280.30M | $-228.55M | $-155.31M |
| Operating Margin | 7.33% | -0.74% | -10.95% | -0.81% | -5.95% | -7.11% | -11.69% | -18.08% |
| Net Income | $210.00M | $450.00M | $-1.59B | $-135.00M | $-171.14M | $-114.66M | $-55.48M | $-18.31M |
| Net Margin | 1.54% | 4.18% | -11.67% | -1.05% | -3.06% | -2.91% | -2.84% | -2.13% |
| EPS (Basic) | $1.72 | $4.12 | $-15.74 | $-1.63 | $-2.63 | $-2.45 | $-2.03 | $-1.31 |
| EBITDA | $1.36B | $1.16B | $-2.15B | $-5.00M | $-257.16M | $-242.77M | $-206.19M | $-145.09M |
| Stock Option Compensation Expense | $91.00M | $73.00M | $69.00M | $39.00M | $25.00M | $33.06M | $24.09M | $5.61M |
| Price To Earnings Ratio | 118.48 | 12.86 | -0.30 | -142.17 | -90.95 | -37.61 | -17.71 | -15.91 |
| Price To Sales Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Shares Outstanding | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Market Capitalization | $24.88B | $5.79B | $477.92M | $19.19B | $15.57B | $4.31B | $982.71M | $291.41M |