Carvana (CVNA)
Consumer Discretionary · Online used vehicle retail
Leading e-commerce platform for buying and selling used cars with a vertically integrated supply chain, serving over 80% of U.S. population.
What Carvana does
Carvana is the leading e-commerce platform for buying and selling used cars in the United States. The company operates a vertically integrated business model combining an online sales experience with a proprietary logistics network spanning 316 metropolitan areas, inspection and reconditioning centers, and a digital auction platform. Carvana acquires used vehicles directly from customers, auctions, and wholesale suppliers, then inspects, reconditions, and sells them through its mobile-optimized website with integrated financing options. The company has sold 2.8 million retail vehicles generating $84.1 billion in total revenue since inception through December 2025.
Themes: ["E-commerce disruption","Automotive retail digitalization","Direct-to-consumer vehicle sales","Vertical integration in auto retail","Consumer financing technology","Supply chain transparency"]
Fundamentals
- Price$67.12 as of 2026-07-09 close
- Market cap$73.9B as of 2026-07-10
- 1-year return-4.4% as of 2026-07-09 close
- P/E51.28 as of 2026-07-10
- Net margin+6.4% as of 2026-07-10
- Gross margin+20.1% as of 2026-07-10
- ROE+51.6% as of 2026-07-10
- Debt / equity1.39 as of 2026-07-10
- Revenue growth (YoY)+51.7% as of 2026-07-10
- Revenue CAGR (3y)+14.3% SEC XBRL
- Beta3.47 as of 2026-07-10
Key risks (from latest filing)
["Highly competitive and fragmented automotive retail market with low barriers to entry from both online and traditional dealerships","Dependence on used vehicle inventory acquisition and consistent access to quality vehicles at favorable costs from auctions and suppliers","Financing and credit risk exposure including potential loan defaults and adverse credit market conditions"]
Competitors & peers
- CarMax
- Vroom
- Shift
- Peddle
- Traditional used car dealerships
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.