CARVANA CO (CVNA) Fundamental Analysis & Valuation

NYSE:CVNA • US1468691027

317.62 USD
-1.37 (-0.43%)
Last: Mar 4, 2026, 11:38 AM
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 123 industry peers in the Specialty Retail industry. CVNA has an excellent financial health rating, but there are some minor concerns on its profitability. 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.
  • The reported net income has been mixed in the past 5 years: CVNA reported negative net income in multiple years.
  • The reported operating cash flow has been mixed in the past 5 years: CVNA reported negative operating cash flow in multiple 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

  • Looking at the Return On Assets, with a value of 10.66%, CVNA belongs to the top of the industry, outperforming 86.99% of the companies in the same industry.
  • Looking at the Return On Equity, with a value of 40.89%, CVNA belongs to the top of the industry, outperforming 92.68% of the companies in the same industry.
  • CVNA has a Return On Invested Capital of 12.66%. This is amongst the best in the industry. CVNA outperforms 83.74% 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

  • CVNA's Profit Margin of 6.92% is amongst the best of the industry. CVNA outperforms 82.93% of its industry peers.
  • CVNA has a better Operating Margin (9.26%) than 80.49% of its industry peers.
  • With a Gross Margin value of 20.62%, CVNA is not doing good in the industry: 76.42% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of CVNA has grown nicely.
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

  • CVNA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • The number of shares outstanding for CVNA has been increased compared to 1 year ago.
  • CVNA has more shares outstanding than it did 5 years ago.
  • CVNA has a better debt/assets ratio than last year.
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

  • CVNA has an Altman-Z score of 6.73. This indicates that CVNA is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 6.73, CVNA belongs to the top of the industry, outperforming 92.68% 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.
  • CVNA has a better Debt to FCF ratio (5.75) than 62.60% of its industry peers.
  • CVNA has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
  • Looking at the Debt to Equity ratio, with a value of 1.42, CVNA is doing worse than 61.79% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.42
Debt/FCF 5.75
Altman-Z 6.73
ROIC/WACC1.31
WACC9.64%
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

  • A Current Ratio of 4.31 indicates that CVNA has no problem at all paying its short term obligations.
  • CVNA has a Current ratio of 4.31. This is amongst the best in the industry. CVNA outperforms 95.94% of its industry peers.
  • A Quick Ratio of 2.73 indicates that CVNA has no problem at all paying its short term obligations.
  • CVNA's Quick ratio of 2.73 is amongst the best of the industry. CVNA outperforms 92.68% 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

7

3. CVNA Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an impressive 210.83% over the past year.
  • CVNA shows a strong growth in Revenue. In the last year, the Revenue has grown by 48.63%.
  • Measured over the past years, CVNA shows a very strong growth in Revenue. The Revenue has been growing by 29.47% on average per year.
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

  • CVNA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.75% yearly.
  • Based on estimates for the next years, CVNA will show a quite strong growth in Revenue. The Revenue will grow by 19.96% on average per year.
EPS Next Y46.42%
EPS Next 2Y43.86%
EPS Next 3Y29.5%
EPS Next 5Y18.76%
Revenue Next Year27.92%
Revenue Next 2Y25.87%
Revenue Next 3Y24.85%
Revenue Next 5Y19.96%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past 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

2

4. CVNA Valuation Analysis

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 65.09, CVNA can be considered very expensive at the moment.
  • CVNA's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of CVNA to the average of the S&P500 Index (26.83), we can say CVNA is valued expensively.
  • CVNA is valuated quite expensively with a Price/Forward Earnings ratio of 44.45.
  • 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 24.95, CVNA is valued quite expensively.
Industry RankSector Rank
PE 65.09
Fwd PE 44.45
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

  • Based on the Enterprise Value to EBITDA ratio, CVNA is valued a bit more expensive than the industry average as 66.67% of the companies are valued more cheaply.
  • CVNA's Price/Free Cash Flow ratio is in line with the industry average.
Industry RankSector Rank
P/FCF 77.72
EV/EBITDA 33.45
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.
  • The decent profitability rating of CVNA may justify a higher PE ratio.
  • A more expensive valuation may be justified as CVNA's earnings are expected to grow with 29.50% in the coming years.
PEG (NY)1.4
PEG (5Y)N/A
EPS Next 2Y43.86%
EPS Next 3Y29.5%

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 (3/4/2026, 11:38:06 AM)

317.62

-1.37 (-0.43%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustrySpecialty Retail
Earnings (Last)02-18
Earnings (Next)05-05
Inst Owners98.05%
Inst Owner Change4.82%
Ins Owners2.14%
Ins Owner Change-0.21%
Market Cap69.10B
Revenue(TTM)20.32B
Net Income(TTM)1.41B
Analysts80.63
Price Target429.34 (35.17%)
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)-6.07%
PT rev (3m)1.07%
EPS NQ rev (1m)-6.39%
EPS NQ rev (3m)-8.94%
EPS NY rev (1m)-0.03%
EPS NY rev (3m)2.36%
Revenue NQ rev (1m)3.51%
Revenue NQ rev (3m)4.68%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)2.82%
Valuation
Industry RankSector Rank
PE 65.09
Fwd PE 44.45
P/S 3.4
P/FCF 77.72
P/OCF 66.69
P/B 20.08
P/tB 20.42
EV/EBITDA 33.45
EPS(TTM)4.88
EY1.54%
EPS(NY)7.15
Fwd EY2.25%
FCF(TTM)4.09
FCFY1.29%
OCF(TTM)4.76
OCFY1.5%
SpS93.42
BVpS15.82
TBVpS15.56
PEG (NY)1.4
PEG (5Y)N/A
Graham Number41.67
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 6.73
F-Score5
WACC9.64%
ROIC/WACC1.31
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 Y46.42%
EPS Next 2Y43.86%
EPS Next 3Y29.5%
EPS Next 5Y18.76%
Revenue 1Y (TTM)48.63%
Revenue growth 3Y14.31%
Revenue growth 5Y29.47%
Sales Q2Q%57.96%
Revenue Next Year27.92%
Revenue Next 2Y25.87%
Revenue Next 3Y24.85%
Revenue Next 5Y19.96%
EBIT growth 1Y90%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year49.85%
EBIT Next 3Y34%
EBIT Next 5Y28.51%
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 2 / 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%.