Stock · CVNA · Consumer Cyclical

Carvana Co

United States · Large Cap · listed since 2017 · Revenue 12 mo. $27.5B

Price as of 11/06/2026

StockScorer score
4.5
of 10 5 of 11 points Low Match To the score
Price
$73.57
1 Y +17.2%
Market cap
$87.7B
Phase
Scaling
revenue growing, core business only recently profitable
Revenue +14.3% a year (3 years)EBIT margin 9.3%Payout 0.0% of operating cash flow

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars.

moreless

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It provides vehicle acquisition, inspection and reconditioning, online search and shopping experience, financing, complementary products, logistics network and distinctive fulfillment experience, and post-sale customer support services. The company also operates auction sites. Carvana Co. was founded in 2012 and is based in Tempe, Arizona.

Original text from the data provider

Summary

Carvana Co is below the middle of the Consumer Cyclical sector overall

38.2 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires more than 30% FCF growth a year, for 10 years.

If free cash flow stays at €797.8M (2025), it supports €8.9B. The remaining €69.9B of the market value assume it grows more than 30% a year for 10 years and not at all afterwards.

Required FCF growth per year

over 30%

no growth afterwards

Market value breakdown€78.7B market value, price as of 11/06/2026

€8.9B without growth
€69.9B priced-in growth

Valuation against its own history

Price to operating cash flow 40.9×, within its usual range.

Middle half of 13 quarters: 20.3× to 51.1×, median 34.8×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

No sign supports the expectation, 2 speak against it.

What supports it

with respect to the priced-in expectation

No indication in the stored figures.

What speaks against it

with respect to the priced-in expectation

  • EBIT margin falling for three quarters −0.5 pp over the last four reports
  • Volatile earnings 6 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

Mostly better than the previous quarter: 3 of 3 changes for the better.

  • Revenue, 12 mo.$25.1B → $27.5B+9.6%better
  • FCF, 12 mo.$929.0M → $1.1B+19.8%better
  • Net debt$3.0B → $2.6B−14.2%better

5 more unchanged: Gross margin, EBIT margin, FCF margin, Shares outstanding, Return on equity

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability49.0around the middleEarns about as much as the sector.
MetricStockSector medianPosition in sector
Return on equity40.89%11.07%Rank 89
Return on capital (Greenblatt)22.70%17.91%Rank 61
EBIT margin9.26%10.89%Rank 43
FCF margin4.37%8.07%Rank 28
Gross margin20.63%34.00%Rank 24
Growth52.9around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year48.63%5.10%Rank 98
Earnings growth, 3 years per yeardoes not count towards the rank–8.34%
Earnings growth, 5 years per yeardoes not count towards the rank–15.10%
Sustainable growth (ROE × retained earnings)0.72%4.34%Rank 8
Valuation12.6below the middleValued higher than the sector: EV/EBIT 48.09, sector 16.88.
MetricStockSector medianPosition in sector
Earnings yield1.71%4.32%Rank 13
FCF yield1.01%4.17%Rank 13
EV/saleslower is better4.451.95Rank 17
EV/EBITlower is better48.0916.88Rank 7
Momentum54.0around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year17.18%−4.35%Rank 79
Share price, 6 months−5.12%3.63%Rank 28
Share price, 3 months8.97%2.92%Rank 76
Distance from 52-week high−23.12%−15.83%Rank 33
Quality38.8below the middleQuality below the sector: Change in share count 69.64%, sector −0.37%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better5.54%0.39%Rank 18
Change in share countlower is better69.64%−0.37%Rank 0
Dividend streak in yearsdoes not count towards the rank–4
Price reaction to results, market-adjusted15.73%0.16%Rank 98
Balance sheet & risk21.8below the middleMore risk than the sector: Volatility, 1 year 61.75%, sector 33.42%.
MetricStockSector medianPosition in sector
Equity ratio26.07%40.59%Rank 22
Net debt/EBITDAlower is better1.260.99Rank 45
Debt to equitylower is better1.600.49Rank 19
Volatility, 1 yearlower is better61.75%33.42%Rank 1

Ten years in figures

Revenue from $365.1M (2016) to $20.3B (2025), 56.3% a year.

Fiscal years, amounts in USD
YearRevenueEBIT marginFCFSharesNet debt
2016$365.1M−24.5%−$279.8M75.0M$131.6M
2017$858.9M−18.1%−$278.4M76.2M$129.7M
2018$2.0B−11.7%−$558.0M150M$554.6M
2019$3.9B−7.1%−$987.7M234M$1.5B
2020$5.6B−6.0%−$968.4M325M$1.6B
2021$12.8B−0.8%−$3.2B414M$5.4B
2022$13.6B−11.0%−$1.8B504M$8.4B
2023$10.8B−0.7%$716.0M201M$6.2B
2024$13.7B7.3%$827.0M661M$4.3B
2025$20.3B9.3%$889.0M1.12B$3.2B
4.5 / 10Low MatchStockScorer score5 of 11 points

3 of 7 StockScorer Score rules met · How the score is built

Carvana Co mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 67%This stock · Growth: 50%This stock · Valuation: 0%This stock · Momentum: 0%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How Carvana Co's score is built

Carvana Co is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

3 of 7 rules met

5 of 11 points

  1. Free cash flow yield above the sector mediannot met0 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector mediannot met0 of 2 points
  5. Revenue growth above 15%met2 of 2 points
  6. 3-year earnings growth above 12% p.a.no data0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketnot met0 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does Carvana Co stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Earnings Quality: Accrual Check (Sloan)
  • Moat Quality
  • Mohanram G-Score: Growth Quality
  • Undervalued Stocks: Multi-Factor Check
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Defensive: Low Volatility
  • Dividend Aristocrats & Continuity
  • Dividend Quality: 4 Factors
  • Levermann Strategy (13 Criteria)
  • Magic Formula: Value + Quality
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum

Carvana Co key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for Carvana Co.

MetricStockSector
P/E ratio58.621.6
P/B ratio24.02.4
Return on equity (ROE)40.9%11.1%
Equity ratio26.1%40.6%
Debt-to-equity (D/E)1.600.49
Dividend yield–2.2%

Similar stocks in Consumer Cyclical

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
CVNACarvana Cothis page
PAGPenske Automotive Group Inclocked
AG1.DEAUTO1 Group SELow1.8
DASHDoorDash, Inc. Class A Common StockMedium5.5
RCLRoyal Caribbean Cruises Ltdlocked
HLTHilton Worldwide Holdings Inclocked

Frequently asked questions about Carvana Co stock

How does Carvana Co stock (CVNA) score in the StockScorer model?
Carvana Co stock reaches a StockScorer score of 4.5 out of 10, which is a low match with the rule-based strategies. 3 out of 7 flagship profile rules are met.
What is Carvana Co's P/E ratio?
Carvana Co's P/E ratio is 58.6. The Consumer Cyclical sector median is 21.6.
What sector is Carvana Co in?
Carvana Co is assigned to the Consumer Cyclical sector. Its rank within the sector is 38.2 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

Unlock the full analysis for free

Signed up in 30 seconds, free.

  • More metrics: FCF margin, cash flow yield and more
  • Full peer comparison within the same sector
  • See the match across all strategies in detail
  • Apply your own scoring profile to any stock
  • Add the stock to your watchlist and track score changes
  • Daily updated ratings, rule-based and transparent

Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.

How StockScorer rates every stock is explained on the methodology page.