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Carvana Co (CVNA)
NYSE:CVNA
US Market

Carvana Co (CVNA) Ratios

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Carvana Co Ratios

CVNA's free cash flow for Q4 2025 was $0.19. For the 2025 fiscal year, CVNA's free cash flow was decreased by $ and operating cash flow was $-0.31. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
4.31 4.31 3.64 2.16 1.77
Quick Ratio
2.73 2.73 2.44 1.41 1.05
Cash Ratio
1.53 1.53 1.28 0.35 0.17
Solvency Ratio
0.19 0.19 0.07 0.11 -0.14
Operating Cash Flow Ratio
0.68 0.68 0.69 0.52 -0.51
Short-Term Operating Cash Flow Coverage
4.56 4.56 2.44 0.94 -0.76
Net Current Asset Value
$ -2.45B$ -2.45B$ -2.24B$ -4.13B$ -5.16B
Leverage Ratios
Debt-to-Assets Ratio
0.05 0.05 0.71 0.95 1.01
Debt-to-Equity Ratio
0.18 0.18 4.80 27.60 -17.02
Debt-to-Capital Ratio
0.16 0.16 0.83 0.97 1.06
Long-Term Debt-to-Capital Ratio
0.11 0.11 0.81 0.96 1.09
Financial Leverage Ratio
3.84 3.84 6.73 29.10 -16.79
Debt Service Coverage Ratio
3.65 3.65 1.32 0.76 -0.97
Interest Coverage Ratio
3.73 3.72 1.54 -0.13 -3.07
Debt to Market Cap
<0.01 <0.01 0.14 1.08 17.39
Interest Debt Per Share
8.03 8.27 54.74 67.12 92.26
Net Debt to EBITDA
15.40 15.40 3.19 5.33 -3.91
Profitability Margins
Gross Profit Margin
20.24%20.63%19.83%16.01%7.36%
EBIT Margin
-1.89%-1.89%7.69%7.49%-17.69%
EBITDA Margin
-0.54%-0.54%9.92%10.76%-15.77%
Operating Profit Margin
9.27%9.26%7.33%-0.74%-10.95%
Pretax Profit Margin
-4.38%-4.38%2.93%1.62%-21.27%
Net Profit Margin
6.92%6.92%1.54%4.18%-11.67%
Continuous Operations Profit Margin
9.32%9.32%2.95%1.39%-21.27%
Net Income Per EBT
-158.09%-158.09%52.50%257.14%54.86%
EBT Per EBIT
-47.27%-47.32%39.92%-218.75%194.16%
Return on Assets (ROA)
10.66%10.66%2.48%6.36%-18.25%
Return on Equity (ROE)
62.85%40.89%16.67%185.19%306.37%
Return on Capital Employed (ROCE)
16.12%16.10%14.02%-1.45%-24.40%
Return on Invested Capital (ROIC)
-33.67%-33.63%13.32%-1.07%-19.00%
Return on Tangible Assets
10.70%10.70%2.49%6.41%-18.39%
Earnings Yield
3.46%2.42%0.84%7.78%-332.06%
Efficiency Ratios
Receivables Turnover
82.95 82.95 45.13 40.49 53.77
Payables Turnover
0.00 0.00 46.45 39.16 58.35
Inventory Turnover
6.73 6.70 6.82 7.87 6.72
Fixed Asset Turnover
6.24 6.24 4.26 3.13 3.60
Asset Turnover
1.54 1.54 1.61 1.52 1.56
Working Capital Turnover Ratio
4.17 4.75 5.14 5.69 6.80
Cash Conversion Cycle
58.62 58.89 53.77 46.09 54.86
Days of Sales Outstanding
4.40 4.40 8.09 9.01 6.79
Days of Inventory Outstanding
54.22 54.49 53.54 46.40 54.33
Days of Payables Outstanding
0.00 0.00 7.86 9.32 6.26
Operating Cycle
58.62 58.89 61.63 55.41 61.12
Cash Flow Ratios
Operating Cash Flow Per Share
7.31 7.53 7.50 7.35 -13.13
Free Cash Flow Per Share
6.27 6.46 6.76 6.55 -18.21
CapEx Per Share
1.04 1.07 0.74 0.80 5.08
Free Cash Flow to Operating Cash Flow
0.86 0.86 0.90 0.89 1.39
Dividend Paid and CapEx Coverage Ratio
7.05 7.05 10.09 9.23 -2.59
Capital Expenditure Coverage Ratio
7.05 7.05 10.09 9.23 -2.59
Operating Cash Flow Coverage Ratio
1.64 1.64 0.15 0.12 -0.15
Operating Cash Flow to Sales Ratio
0.05 0.05 0.07 0.07 -0.10
Free Cash Flow Yield
1.43%1.53%3.32%12.37%-384.16%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
29.64 41.28 118.48 12.86 -0.30
Price-to-Sales (P/S) Ratio
3.14 2.86 1.82 0.54 0.04
Price-to-Book (P/B) Ratio
12.12 16.88 19.75 23.82 -0.92
Price-to-Free Cash Flow (P/FCF) Ratio
71.74 65.34 30.08 8.08 -0.26
Price-to-Operating Cash Flow Ratio
40.25 56.07 27.10 7.21 -0.36
Price-to-Earnings Growth (PEG) Ratio
0.16 0.08 -2.03 -0.10 >-0.01
Price-to-Fair Value
12.12 16.88 19.75 23.82 -0.92
Enterprise Value Multiple
-564.41 -810.08 31.88 10.32 -4.13
Enterprise Value
60.58B 89.11B 43.22B 11.96B 8.86B
EV to EBITDA
-550.71 -810.08 31.88 10.32 -4.13
EV to Sales
2.98 4.38 3.16 1.11 0.65
EV to Free Cash Flow
68.14 100.24 52.27 16.71 -4.83
EV to Operating Cash Flow
58.47 86.01 47.09 14.90 -6.69
Tangible Book Value Per Share
29.25 30.12 10.96 -3.99 -11.14
Shareholders’ Equity Per Share
24.28 25.00 10.30 2.22 -5.14
Tax and Other Ratios
Effective Tax Rate
3.13 3.13 -0.01 0.14 >-0.01
Revenue Per Share
143.37 147.65 111.76 98.52 134.92
Net Income Per Share
9.93 10.22 1.72 4.12 -15.74
Tax Burden
-1.58 -1.58 0.53 2.57 0.55
Interest Burden
2.31 2.31 0.38 0.22 1.20
Research & Development to Revenue
0.00 0.00 0.00 0.00 0.00
SG&A to Revenue
0.10 0.10 0.11 0.13 0.15
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
0.58 0.55 2.27 5.35 0.46
Currency in USD