Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Carvana Co.

CVNA · NYSE · Consumer

Fundamental quality

REASONABLE

68

out of 100

Carvana Co. earns a fundamental-quality score of 68 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +31.4%/yr). Its weakest area is its financial strength (FCF margin 3.7%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

Carvana is the online used-car dealer, the one with the glass vending towers: buy a car from the couch and get it delivered home. It starred in one of the recent stock market's most extreme resurrections: from near-bankruptcy to redefining the sector's efficiency.

What will shape its future

  • Its margin per car sold, the metric that went from sinking it to crowning it.
  • Growth in a giant market where it is still small: the entire bull thesis.
  • Its restructuring debt and a valuation that forgives no stumbles.

Breakdown by area

I.Growth
95

EPS growth: 64.9% · Revenue growth: 31.4%

II.Profitability
59

Net margin: 6.3% · ROE: 38.9% · ROIC: 26.9%

III.Financial health
51

FCF: 3.7%

Source: SEC EDGAR · TTM through 30/06/2026

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its financial strength drags it down the most.

Versus its sector

Percentile against the other 98 Consumer companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 56%
ROEbeats 80%
Growthbeats 89%
Cash generationbeats 33%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Carvana Co. strengths

  • Growing earnings per share (64.9% annualized).
  • Outstanding return on equity (ROE of 38.9%): it puts shareholder capital to good use.
  • Revenue growing strongly (31.4% annualized).
  • It has turned profitable after years of losses.

Carvana Co. risks and weaknesses

  • Its net debt has grown over the period.
  • Erratic free cash flow, with several years in the red.

Carvana Co. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20205,587-171-9681,395
202112,814-135-3,1514,959
202213,604-1,587-1,8367,778
202310,7714507165,663
202413,6732108273,842
202520,3221,4078892,714

Between 2020 and 2025, revenue went from $5,587M to $20,322M (+264%) and net income went from -$171M to $1,407M (+923%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue+52.2%
  • Net income+40.4%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Revenue growth30.4%31.4%

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

Advertising

Want to invest in Carvana Co.?

Open your account in minutes with regulated brokers and buy U.S. and European stocks from small amounts. No paperwork.

Interactive BrokersGlobal markets

The serious investor's standard

Open free account →
WebullCommission-free

Popular in the U.S.

Open free account →

Investing carries risk of loss.

Is Carvana Co. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Carvana Co. a good company to invest in?

In terms of business quality, Carvana Co. scores 68 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Carvana Co. a profitable company?

Carvana Co. is profitable, with a net margin of 6.3%, though a thin one.

Is Carvana Co. growing?

Its revenue has grown 31.4% annualized in recent years and its earnings per share 64.9%.

Does Carvana Co. generate cash?

Yes. It converts about 3.7% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Was this page helpful?