CVNA - Carvana Co.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$400.00
DETAILS
HIGH:
$600.00
LOW:
$88.00
MEDIAN:
$500.00
CONSENSUS:
$400.00
UPSIDE:
485.82%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||
| Revenue | 20,322 | 13,673 | 10,771 | 13,604 | 12,814 | 5,586.6 | 3,939.9 | 1,955.5 | 858.9 | 365.1 | 130.4 | 41.7 |
| Cost of Revenue | 16,130 | 10,962 | 9,047 | 12,603 | 10,988 | 4,865.0 | 3,473.1 | 1,781.2 | 802.3 | 350.6 | 131.8 | 43.8 |
| Gross Profit | 4,192 | 2,711 | 1,724 | 1,001 | 1,826 | 721.6 | 466.7 | 174.3 | 56.5 | 14.5 | (1.5) | (2.1) |
| Operating Expenses | ||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 2,308 | 1,709 | 1,606 | 2,491 | 1,930 | 1,126 | 787 | 421.8 | 226.2 | 110.6 | 37.2 | 14.9 |
| Other Expenses | 3 | 0 | 198 | 0 | 0 | (72.0) | (39.9) | (19.0) | (14.4) | (6.6) | (3.3) | (1.9) |
| Operating Expenses | 2,311 | 1,709 | 1,804 | 2,491 | 1,930 | 1,054.0 | 747.1 | 402.8 | 211.8 | 104.0 | 33.9 | 13.0 |
| Operating Income | ||||||||||||
| Operating Income | 1,881 | 1,002 | (80) | (1,490) | (104) | (332.4) | (280.3) | (228.5) | (155.3) | (89.5) | (35.3) | (15.1) |
| Interest Expense | 505 | 651 | 632 | 486 | 176 | 131.5 | 80.6 | 25.0 | 7.7 | 3.6 | 1.4 | 0.1 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||
| EBITDA | (110) | 1,356 | 1,159 | (2,146) | (5) | (257.2) | (242.8) | (206.2) | (145.1) | (84.9) | (32.6) | (13.4) |
| EBIT | (385) | 1,051 | 807 | (2,407) | (110) | (330.9) | (284.0) | (229.7) | (156.7) | (89.5) | (35.4) | (15.1) |
| Income Before Tax | (890) | 400 | 175 | (2,893) | (286) | (462.5) | (364.6) | (254.7) | (164.3) | (93.1) | (36.8) | (15.2) |
| Income Tax Expense | (2,785) | (4) | 25 | 1 | 1 | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Income | 1,407 | 210 | 450 | (1,587) | (135) | (171.1) | (114.7) | (55.5) | (18.3) | (10.1) | (36.8) | (15.2) |
| Per Share Data | ||||||||||||
| EPS (Basic) | 2.04 | 0.34 | 0.82 | -3.15 | -0.33 | -0.53 | -0.49 | -0.41 | -0.26 | -0.14 | -2.68 | -1.02 |
| EPS (Diluted) | 1.69 | 0.32 | 0.15 | -3.15 | -0.33 | -0.53 | -0.49 | -0.41 | -0.26 | -0.14 | -2.68 | -1.02 |
| Shares Outstanding | 688.2 | 611.7 | 546.6 | 504.1 | 414.0 | 324.9 | 234.2 | 150.2 | 76.2 | 75 | 15 | 15 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 2,327 | 1,716 | 530 | 434 | 403 | 301 | 76.0 | 78.9 | 172.7 | 39.2 |
| Short-Term Investments | 0 | 464 | 366 | 321 | 382 | 131 | 98.8 | 0 | 0 | 0 |
| Net Receivables | 245 | 303 | 266 | 253 | 206 | 79 | 39.9 | 33.1 | 14.1 | 5.7 |
| Inventory | 2,408 | 1,608 | 1,150 | 1,876 | 3,149 | 1,036 | 762.7 | 412.2 | 227.4 | 185.5 |
| Other Current Assets | 1,569 | 778 | 1,009 | 1,710 | 752 | 376 | 382.1 | 138.6 | 75.5 | 44.9 |
| Total Current Assets | 6,549 | 4,869 | 3,321 | 4,594 | 4,892 | 1,923 | 1,359.4 | 662.9 | 489.7 | 275.2 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 3,257 | 3,213 | 3,437 | 3,780 | 1,929 | 1,065 | 666.9 | 296.8 | 148.7 | 60.6 |
| Goodwill | 10 | 0 | 0 | 0 | 9 | 9 | 9.4 | 9.4 | 0 | 0 |
| Intangible Assets | 47 | 34 | 52 | 70 | 4 | 6 | 7.2 | 8.9 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 8 | 0 | 6.3 | 1.9 | 0 | 0 |
| Other Non-Current Assets | 274 | 368 | 261 | 254 | 173 | 32 | 8.5 | 11.2 | 2.7 | 0 |
| Total Non-Current Assets | 6,652 | 3,615 | 3,750 | 4,104 | 2,123 | 1,112 | 698.3 | 328.2 | 151.4 | 60.6 |
| Total Assets | 13,201 | 8,484 | 7,071 | 8,698 | 7,015 | 3,035 | 2,057.7 | 991.0 | 641.1 | 335.8 |
| Current Liabilities | ||||||||||
| Account Payables | 0 | 236 | 231 | 216 | 114 | 67 | 54.0 | 29.1 | 10.5 | 6.2 |
| Short-Term Debt | 227 | 376 | 857 | 1,735 | 2,205 | 105 | 617.6 | 208.1 | 253.9 | 166.4 |
| Deferred Revenue | 0 | 63 | 30 | 23 | 34 | 17 | 6.4 | 2.9 | 0 | 0 |
| Other Current Liabilities | 1,292 | 273 | 181 | 205 | 118 | 79.1 | 54.3 | 24.8 | 9.6 | 3.4 |
| Total Current Liabilities | 1,519 | 1,338 | 1,536 | 2,592 | 2,890 | 467.1 | 864.9 | 329.5 | 306.0 | 196.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 406 | 5,256 | 5,416 | 6,574 | 3,208 | 1,617 | 883.1 | 425.3 | 48.5 | 4.4 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 7,073 | 101 | 70 | 78 | 31 | 1 | 1.8 | 8.7 | 7.1 | 0 |
| Total Non-Current Liabilities | 7,479 | 5,771 | 5,919 | 7,159 | 3,600 | 1,765.9 | 1,000.9 | 434.1 | 55.6 | 4.4 |
| Total Liabilities | 8,998 | 7,109 | 7,455 | 9,751 | 6,490 | 2,233.0 | 1,865.8 | 763.6 | 361.6 | 200.8 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.2 | 0.1 | 0.1 | 59.7 |
| Retained Earnings | (9) | (1,416) | (1,626) | (2,076) | (489) | (354.2) | (183.0) | (74.7) | (12.9) | (175.6) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (97.1) | (251.0) |
| Total Stockholders' Equity | 3,441 | 1,260 | 243 | (518) | 306 | 387.6 | 98.1 | 73.4 | 125.7 | 135.0 |
| Total Liabilities & Equity | 13,201 | 8,484 | 7,071 | 8,698 | 7,015 | 3,034.5 | 2,057.7 | 991.0 | 641.1 | 335.8 |
| Debt Metrics | ||||||||||
| Total Debt | 633 | 6,046 | 6,706 | 8,816 | 5,774 | 1,870 | 1,616.7 | 633.4 | 302.4 | 170.8 |
| Net Debt | (1,694) | 4,330 | 6,176 | 8,382 | 5,371 | 1,569 | 1,540.7 | 554.6 | 129.7 | 131.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 1,895 | 404 | 150 | (2,894) | (287) | (462.2) | (364.6) | (254.7) | (164.3) | (93.1) |
| Depreciation & Amortization | 275 | 305 | 352 | 261 | 105 | 73.8 | 41.3 | 23.5 | 11.6 | 4.7 |
| Stock-Based Compensation | 96 | 91 | 73 | 69 | 39 | 25 | 33.1 | 24.1 | 5.6 | 0.6 |
| Change in Working Capital | (480) | (177) | 564 | 1,393 | (2,082) | (232.9) | (291.5) | (146.8) | (33.2) | (129.7) |
| Other Non-Cash Items | 2,034 | 295 | (336) | (153) | (415) | (72.8) | (190.0) | (62.9) | (21.9) | (36.9) |
| Operating Cash Flow | 1,036 | 918 | 803 | (1,324) | (2,594) | (608.4) | (757.1) | (414.3) | (199.9) | (240.2) |
| Investing Activities | ||||||||||
| Capital Expenditure | (147) | (91) | (87) | (512) | (557) | (360) | (230.5) | (143.7) | (78.5) | (39.5) |
| Acquisitions | (160) | 0 | (7) | (2,196) | (56) | 0 | 0 | (6.7) | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | (81) | (126) | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 81 | 56 | 13.9 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 77 | 78 | 125 | 125 | 56 | 0.2 | 2.8 | 0 | (4.2) | (8.2) |
| Investing Cash Flow | (230) | (13) | 31 | (2,583) | (627) | (345.9) | (227.7) | (150.3) | (82.7) | (47.7) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (670) | (987) | (1,237) | 2,751 | 3,590 | 153 | 733 | 311.7 | 113.9 | 122.7 |
| Stock Repurchased | 0 | 0 | 0 | 0 | (40) | 0 | 0 | 0 | 0 | (0.4) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (4.6) | 0 | 0 |
| Other Financing Activities | (51) | (16) | (84) | (79) | (22) | (47.0) | (15.4) | (13.1) | (2.7) | (0.8) |
| Financing Cash Flow | (137) | 261 | (868) | 3,899 | 3,528 | 1,165.0 | 1,014.6 | 466.3 | 416.1 | 284.0 |
| Cash Position | ||||||||||
| Net Change in Cash | 669 | 1,166 | (34) | (8) | 307 | 210.7 | 29.8 | (98.4) | 133.5 | (4.0) |
| Cash at Beginning | 1,760 | 594 | 628 | 636 | 329 | 118.5 | 88.7 | 187.1 | 39.2 | 43.1 |
| Cash at End | 2,429 | 1,760 | 594 | 628 | 636 | 329.1 | 118.5 | 88.7 | 172.7 | 39.2 |
| Free Cash Flow | 889 | 827 | 716 | (1,836) | (3,151) | (968.4) | (987.7) | (558.0) | (278.4) | (279.8) |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||
| Revenue | 20,322 | 13,673 | 10,771 | 13,604 | 12,814 | 5,586.6 | 3,939.9 | 1,955.5 | 858.9 | 365.1 | 130.4 | 41.7 |
| Gross Profit | 4,192 | 2,711 | 1,724 | 1,001 | 1,826 | 721.6 | 466.7 | 174.3 | 56.5 | 14.5 | (1.5) | (2.1) |
| Operating Income | 1,881 | 1,002 | (80) | (1,490) | (104) | (332.4) | (280.3) | (228.5) | (155.3) | (89.5) | (35.3) | (15.1) |
| Net Income | 1,407 | 210 | 450 | (1,587) | (135) | (171.1) | (114.7) | (55.5) | (18.3) | (10.1) | (36.8) | (15.2) |
| EPS (Diluted) | 1.69 | 0.32 | 0.15 | -3.15 | -0.33 | -0.53 | -0.49 | -0.41 | -0.26 | -0.14 | -2.68 | -1.02 |
| Balance Sheet | ||||||||||||
| Cash & Equivalents | 2,327 | 1,716 | 530 | 434 | 403 | 301 | 76.0 | 78.9 | 172.7 | 39.2 | ||
| Total Assets | 13,201 | 8,484 | 7,071 | 8,698 | 7,015 | 3,035 | 2,057.7 | 991.0 | 641.1 | 335.8 | ||
| Total Debt | 633 | 6,046 | 6,706 | 8,816 | 5,774 | 1,870 | 1,616.7 | 633.4 | 302.4 | 170.8 | ||
| Stockholders' Equity | 3,441 | 1,260 | 243 | (518) | 306 | 387.6 | 98.1 | 73.4 | 125.7 | 135.0 | ||
| Cash Flow | ||||||||||||
| Operating Cash Flow | 1,036 | 918 | 803 | (1,324) | (2,594) | (608.4) | (757.1) | (414.3) | (199.9) | (240.2) | ||
| Capital Expenditure | (147) | (91) | (87) | (512) | (557) | (360) | (230.5) | (143.7) | (78.5) | (39.5) | ||
| Free Cash Flow | 889 | 827 | 716 | (1,836) | (3,151) | (968.4) | (987.7) | (558.0) | (278.4) | (279.8) | ||