CVNA - Carvana Co Stock Price, Fair Value and News

71.47USD+0.11 (+0.15%)Market Closed

Market Summary

USD71.47+0.11

Market Closed

0.15%

CVNA Alerts

9 major insider sales recently.

CVNA Stock Price

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CVNA RSI Chart

CVNA Valuation

Market Cap

7.8B

Price/Earnings (Trailing)

21.49

Price/Sales (Trailing)

0.73

Price/Free Cashflow

10.91

CVNA Price/Sales (Trailing)

CVNA Profitability

Return on Equity

149.59%

Return on Assets

5.14%

Free Cashflow Yield

9.16%

CVNA Fundamentals

CVNA Revenue

Revenue (TTM)

10.8B

Rev. Growth (Yr)

-14.56%

Rev. Growth (Qtr)

-12.59%

CVNA Earnings

Earnings (TTM)

363.5M

Earnings Growth (Yr)

95.28%

Earnings Growth (Qtr)

-103.52%

Breaking Down CVNA Revenue

Last 7 days

2.4%

Last 30 days

-16.8%

Last 90 days

56.9%

Trailing 12 Months

778.0%

How does CVNA drawdown profile look like?

CVNA Financial Health

Current Ratio

2.16

Debt/Equity

22.29

Debt/Cashflow

0.15

CVNA Investor Care

Shares Dilution (1Y)

8.43%

Diluted EPS (TTM)

0.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	12.7B	11.8B	11.2B	10.8B
2022	14.1B	14.6B	14.5B	13.6B
2021	6.7B	9.0B	10.9B	12.8B
2020	4.3B	4.4B	4.9B	5.6B
2019	2.4B	2.9B	3.4B	3.9B
2018	1.1B	1.3B	1.6B	2.0B
2017	451.3M	574.1M	700.6M	858.9M
2016	189.1M	247.8M	306.5M	365.1M
2015	0	0	0	130.4M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Carvana Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 11, 2024	garcia ernest c. ii	sold	-4,006,500	80.1299	-50,000	-
Apr 02, 2024	gill daniel j.	sold	-856,234	82.848	-10,335	chief product officer
Apr 02, 2024	palmer stephen r	sold	-53,201	82.8684	-642	vice president of accounting
Apr 02, 2024	huston benjamin e.	sold	-770,820	82.9195	-9,296	chief operating officer
Apr 02, 2024	taira thomas	sold	-347,683	82.8409	-4,197	president, special projects
Apr 02, 2024	breaux paul w.	sold	-434,101	82.8595	-5,239	see remarks
Apr 02, 2024	keeton ryan s.	sold	-233,277	82.8694	-2,815	chief brand officer
Apr 02, 2024	jenkins mark w.	sold	-771,022	82.9412	-9,296	chief financial officer
Apr 02, 2024	garcia ernest c. iii	sold	-777,764	82.8289	-9,390	chief executive officer
Apr 01, 2024	jenkins mark w.	sold	-4,771,910	86.762	-55,000	chief financial officer

Which funds bought or sold CVNA recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 19, 2024	Cutler Group LLC / CA	reduced	-92.72	-480,000	65,000	0.02%
Apr 19, 2024	Taylor Frigon Capital Management LLC	reduced	-39.27	38,217	4,564,380	2.17%
Apr 19, 2024	VALLEY NATIONAL ADVISERS INC	added	15.38	3,000	6,000	-%
Apr 19, 2024	DENALI ADVISORS LLC	reduced	-42.19	-135	3,253	-%
Apr 18, 2024	Capital Advisors, Ltd. LLC	unchanged	-	8,000	21,000	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	unchanged	-	3,497	8,791	-%
Apr 18, 2024	SeaCrest Wealth Management, LLC	reduced	-47.31	-5,713	484,032	0.06%
Apr 18, 2024	Diversified Trust Co	added	53.35	463,295	762,882	0.02%
Apr 18, 2024	Hexagon Capital Partners LLC	reduced	-2.51	14,350	37,538	0.01%
Apr 18, 2024	SJS Investment Consulting Inc.	added	12.5	368	792	-%

Are Funds Buying or Selling CVNA?

Are funds buying CVNA calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CVNA

No. of Funds

CVNA Alerts

9 major insider sales recently.

Unveiling Carvana Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	cas investment partners, llc	6.0%	6,827,803	SC 13G/A
Feb 14, 2024	greenoaks capital partners llc	5.3%	6,040,032	SC 13G/A
Feb 14, 2024	jane street group, llc	3.8%	4,322,259	SC 13G/A
Feb 14, 2024	spruce house investment management llc	8.3%	9,490,000	SC 13G/A
Feb 13, 2024	vanguard group inc	8.79%	10,023,577	SC 13G/A
Feb 12, 2024	morgan stanley	13.8%	15,757,954	SC 13G/A
Feb 09, 2024	garcia ernest c. iii	21.40%	30,357,527	SC 13G/A
Feb 09, 2024	jane street group, llc	5.4%	6,172,353	SC 13G
Feb 07, 2024	cvan holdings llc	7.46%	9,141,546	SC 13G/A
Feb 01, 2024	goldman sachs group inc	1.2%	1,343,679	SC 13G/A

Recent SEC filings of Carvana Co

View All Filings

Date Filed	Form Type	Document
Apr 15, 2024	4	Insider Trading
Apr 11, 2024	144	Notice of Insider Sale Intent
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading

Peers (Alternatives to Carvana Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
TSLA	452.3B	96.8B	-16.86%	-13.96%	30.16	4.67	18.80%	19.44%
F	51.5B	176.2B	-0.15%	10.51%	11.83	0.29	11.47%	328.08%
GM	49.9B	171.8B	0.37%	28.82%	4.95	0.29	9.64%	2.33%
APTV	19.6B	20.1B	-10.94%	-33.41%	6.66	0.98	14.65%	394.61%
KMX	10.7B	26.5B	-20.65%	-1.87%	22.29	0.4	-10.61%	-1.15%
MID-CAP
BWA	7.6B	15.0B	-0.36%	-32.46%	12.16	0.51	12.05%	-33.79%
ALSN	6.9B	3.0B	0.11%	70.70%	10.25	2.27	9.61%	26.74%
ABG	4.4B	14.8B	-3.20%	6.34%	7.34	0.3	-4.09%	-39.59%
GT	3.4B	20.1B	-9.01%	12.89%	-4.92	0.17	-3.55%	-440.59%
ADNT	2.6B	15.4B	-12.09%	-24.83%	12.42	0.17	7.09%	494.44%
SMALL-CAP
BLBD	1.1B	1.2B	-6.47%	91.76%	17.86	0.9	33.91%	215.64%
AXL	845.2M	6.1B	0.28%	1.12%	-25.16	0.14	4.78%	-152.26%
CAAS	107.2M	576.4M	5.65%	-22.99%	2.85	0.19	8.84%	77.79%
WKHS	50.4M	13.1M	-23.81%	-83.85%	-0.41	3.85	160.69%	-5.67%
AYRO	6.8M	498.9K	-16.97%	140.35%	-0.2	13.56	-83.32%	-48.94%

Carvana Co News

Latest updates

Carvana Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-12.6%	2,424	2,773	2,968	2,606	2,837	3,386	3,884	3,497	3,753	3,480	3,336	2,245	1,826	1,544	1,118	1,098	1,104	1,095	986	755	585
Gross Profit	-16.6%	402	482	499	341	193	359	396	298	516	523	552	338	244	262	150	138	143	138	138	89.00	56.00
S&GA Expenses	1.4%	439	433	452	472	632	656	721	727	620	546	470	397	342	269	239	276	242	208	182	155	131
Interest Expenses	7.8%	165	153	155	159	153	153	116	64.00	55.00	48.00	43.00	30.00	62.00	20.00	20.00	29.00	25.00	21.00	19.00	16.00	12.00
Income Taxes	-106.9%	-2.00	29.00	-	-2.00	-	-	1.00	-	1.00	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-103.5%	-27.50	782	-105	-286	-582	-283	-439	-506	-77.50	-32.00	45.00	-82.00	-63.34	-7.00	-106	-184	-41.13	-30.09	-20.32	-23.11	-22.43
Net Income Margin	297.1%	0.03*	-0.02*	-0.11*	-0.13*	-0.13*	-0.09*	-0.07*	-0.04*	-0.01*	-0.01*	-0.01*	-0.04*	-0.06*	-0.07*	-0.08*	-0.06*	-0.03*	-0.03*	-0.03*	-0.03*	-0.03*
Free Cashflow	-144.3%	-257	580	491	-98.00	-800	-188	-35.00	-813	-1,339	-479	-719	-614	-251	-371	-88.00	-258	-401	-203	-125	-257	-186

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	0.7%	7,071	7,025	7,849	8,646	8,698	9,621	10,502	7,585	7,015	5,360	4,581	3,819	3,035	2,733	2,477	2,239	2,058	1,684	1,474	1,338	991
Current Assets	4.2%	3,321	3,186	3,912	4,616	4,594	4,469	5,491	5,070	4,892	3,690	3,245	2,628	1,923	1,747	1,571	1,394	1,359	1,098	958	877	663
Cash Equivalents	-2.6%	530	544	541	488	434	316	1,047	247	403	297	201	370	329	174	246	72.00	118	95.00	40.00	85.00	88.00
Inventory	6.0%	1,150	1,085	1,302	1,485	1,876	2,577	2,865	3,304	3,149	2,285	1,974	1,439	1,036	968	629	845	763	630	607	526	412
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	457	392	353	297
Goodwill	-	-	-	-	-	-	847	847	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00	9.00
Liabilities	3.2%	7,455	7,227	9,255	9,968	9,751	9,247	9,638	7,533	6,490	4,652	3,811	3,098	2,233	1,771	1,504	2,226	1,866	1,373	1,081	1,186	764
Current Liabilities	10.1%	1,536	1,395	2,179	2,850	2,592	1,878	2,368	3,741	2,890	1,261	1,333	696	467	549	373	1,128	865	507	250	630	330
Long Term Debt	2.1%	5,416	5,305	6,542	6,553	6,574	6,616	6,605	3,286	3,208	3,134	2,327	2,254	1,617	1,081	966	936	883	777	743	136	425
LT Debt, Non Current	2.1%	5,416	5,305	6,542	6,553	6,574	6,616	6,605	3,286	3,208	3,134	2,327	2,254	1,617	1,081	966	936	883	777	743	-	425
Shareholder's Equity	-28.3%	243	339	-	-	-1,053	374	864	52.00	525	708	770	721	802	961	973	13.00	192	311	394	153	227
Retained Earnings	-7.5%	-1,626	-1,512	-2,294	-2,236	-2,076	-1,270	-987	-749	-489	-400	-368	-390	-354	-290	-283	-242	-183	-168	-129	-103	-68.37
Additional Paid-In Capital	1.0%	1,869	1,851	1,597	1,576	1,558	1,544	1,526	829	795	785	771	755	742	721	710	286	281	274	263	158	148
Shares Outstanding	-	109	-	106	106	101	106	101	90.00	83.00	81.00	81.00	78.00	-	62.00	66.00	-	-	-	-	-	-
Minority Interest	-15.9%	-627	-541	-709	-662	-535	100	325	-28.00	219	323	367	356	414	531	547	-29.88	94.00	206	260	98.00	148
Float	-	-	-	2,500	-	-	-	2,200	-	-	-	24,600	-	-	-	8,200	-	-	-	3,100	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-139.9%	-239	599	509	-66.00	-739	-98.00	106	-593	-1,172	-283	-607	-532	-161	-272	-7.00	-168	-322	-139	-80.32	-214	-150
Share Based Compensation	16.7%	21.00	18.00	19.00	15.00	12.00	15.00	14.00	28.00	21.00	10.00	-	8.00	7.00	6.00	6.00	6.00	13.00	4.00	3.00	8.00	6.00
Cashflow From Investing	-43.7%	9.00	16.00	25.00	-19.00	-15.00	-43.00	-2,317	-208	-275	-178	-99.00	-75.00	-85.00	-94.00	-78.00	-89.00	-79.20	-61.77	-43.83	-43.20	-36.44
Cashflow From Financing	130.8%	208	-676	-551	151	905	-579	2,866	707	1,679	555	601	693	379	196	306	284	412	268	59.00	276	-182
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00

CVNA Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Sales and operating revenues:

Net sales and operating revenues

$ 10,771

$ 13,604

$ 12,814

Cost of sales, including $4, $22, and $65, respectively, to related parties

9,047

12,358

10,885

Gross profit

1,724

1,246

1,929

Selling, general and administrative expenses, including $33, $33, and $27, respectively, to related parties

1,796

2,736

2,033

Goodwill impairment

847

Interest expense

632

486

176

Gain on debt extinguishment

(878)

Other (income) expense, net

(1)

Net income (loss) before income taxes

175

(2,893)

(286)

Income tax provision

Net income (loss)

150

(2,894)

(287)

Net loss attributable to non-controlling interests

(300)

(1,307)

(152)

Net income (loss) attributable to Carvana Co.

450

(1,587)

(135)

Net loss attributable to Class A common stockholders, basic

450

(1,587)

(135)

Net loss attributable to Class A common stockholders, diluted

$ 450

$ (1,587)

$ (135)

Net earnings (loss) per share of Class A common stock, basic (in dollars per share)

$ 4.12

$ (15.74)

$ (1.63)

Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)

$ 0.75

$ (15.74)

$ (1.63)

Weighted-average shares of Class A common stock, basic (in shares)

109,323

100,828

82,805

Weighted-average shares of Class A common stock, diluted (in shares)

200,578

100,828

82,805

Related Party

Sales and operating revenues:

Cost of sales, including $4, $22, and $65, respectively, to related parties

$ 4

$ 22

$ 65

Selling, general and administrative expenses, including $33, $33, and $27, respectively, to related parties

$ 33

$ 27

Class A

Sales and operating revenues:

Net earnings (loss) per share of Class A common stock, basic (in dollars per share)

$ 4.12

$ (15.74)

$ (1.63)

Net earnings (loss) per share of Class A common stock, diluted (in dollars per share)

$ 0.75

$ (15.74)

$ (1.63)

Weighted-average shares of Class A common stock, basic (in shares)

^[1]

109,323

100,828

82,805

Weighted-average shares of Class A common stock, diluted (in shares)

200,578

100,828

82,805

Retail vehicle sales, net

Sales and operating revenues:

Net sales and operating revenues

$ 7,514

$ 10,254

$ 9,851

Wholesale sales and revenues

Sales and operating revenues:

Net sales and operating revenues

2,504

2,609

1,920

Wholesale sales and revenues | Related Party

Sales and operating revenues:

Net sales and operating revenues

Other sales and revenues

Sales and operating revenues:

Net sales and operating revenues

753

741

1,043

Other sales and revenues | Related Party

Sales and operating revenues:

Net sales and operating revenues

$ 145

$ 176

$ 208

[1]	Weighted-average shares of Class A common stock outstanding - basic have been adjusted for unvested restricted stock awards.

CVNA Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 530	$ 434
Restricted cash	64	194
Accounts receivable, net	266	253
Finance receivables held for sale, net	807	1,334
Vehicle inventory	1,150	1,876
Beneficial interests in securitizations	366	321
Other current assets, including $3 and $6, respectively, due from related parties	138	182
Total current assets	3,321	4,594
Property and equipment, net	2,982	3,244
Operating lease right-of-use assets, including $10 and $14, respectively, from leases with related parties	455	536
Intangible assets, net	52	70
Other assets, including $0 and $1, respectively, due from related parties	261	254
Total assets	7,071	8,698
Current liabilities:
Accounts payable and accrued liabilities, including $7 and $16, respectively, due to related parties	596	777
Short-term revolving facilities	668	1,534
Current portion of long-term debt	189	201
Other current liabilities, including $3 and $4, respectively, from leases with related parties	83	80
Total current liabilities	1,536	2,592
Long-term debt, excluding current portion	5,416	6,574
Operating lease liabilities, excluding current portion, including $7 and $9, respectively, from leases with related parties	433	507
Other liabilities, including $11 and $0, respectively, due to related parties	70	78
Total liabilities	7,455	9,751
Commitments and contingencies (Note 17)
Stockholders' deficit:
Preferred stock, $0.01 par value - 50,000 shares authorized; none issued and outstanding as of December 31, 2023 and 2022	0	0
Additional paid in capital	1,869	1,558
Accumulated deficit	(1,626)	(2,076)
Total stockholders' equity (deficit) attributable to Carvana Co.	243	(518)
Non-controlling interests	(627)	(535)
Total stockholders' deficit	(384)	(1,053)
Total liabilities & stockholders' deficit	7,071	8,698
Class A
Stockholders' deficit:
Common stock	0	0
Class B
Stockholders' deficit:
Common stock	$ 0	$ 0

About Carvana Co

Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. Its platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. The company was founded in 2012 and is based in Tempe, Arizona.

CEO	Mr. Ernest C. Garcia III
WEBSITE	carvana.com
INDUSTRY	Autos
EMPLOYEES	16600

Carvana Co Frequently Asked Questions

What is the ticker symbol for Carvana Co? What does CVNA stand for in stocks?

CVNA is the stock ticker symbol of Carvana Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Carvana Co (CVNA)?

As of Mon Apr 22 2024, market cap of Carvana Co is 7.81 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CVNA stock?

You can check CVNA's fair value in chart for subscribers.

What is the fair value of CVNA stock?

You can check CVNA's fair value in chart for subscribers. The fair value of Carvana Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Carvana Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CVNA so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Carvana Co a good stock to buy?

The fair value guage provides a quick view whether CVNA is over valued or under valued. Whether Carvana Co is cheap or expensive depends on the assumptions which impact Carvana Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CVNA.

What is Carvana Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, CVNA's PE ratio (Price to Earnings) is 21.49 and Price to Sales (PS) ratio is 0.73. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CVNA PE ratio will change depending on the future growth rate expectations of investors.