Carvana Co (CVNA) Ratios
Carvana Co Ratios
MX:CVNA's free cash flow for Q3 2026 was $491.00M. For the 2026 fiscal year, MX:CVNA's free cash flow was decreased by $-64.00M and operating cash flow was $555.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 4.31 | 3.64 | 2.16 | 1.77 | 1.69 |
| Quick Ratio | 2.73 | 2.44 | 1.41 | 1.05 | 0.60 |
| Cash Ratio | 1.53 | 1.28 | 0.35 | 0.17 | 0.14 |
| Solvency Ratio | 0.19 | 0.07 | 0.11 | -0.14 | -0.00 |
| Operating Cash Flow Ratio | 0.68 | 0.69 | 0.52 | -0.51 | -0.90 |
| Short-Term Operating Cash Flow Coverage | 3.64 | 2.44 | 0.94 | -0.76 | -1.18 |
| Net Current Asset Value | $ -2.45B | $ -2.24B | $ -4.13B | $ -5.16B | $ -1.60B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.42 | 0.71 | 0.95 | 1.01 | 0.82 |
| Debt-to-Equity Ratio | 1.60 | 4.80 | 27.60 | -17.02 | 18.87 |
| Debt-to-Capital Ratio | 0.62 | 0.83 | 0.97 | 1.06 | 0.95 |
| Long-Term Debt-to-Capital Ratio | 0.58 | 0.81 | 0.96 | 1.09 | 0.91 |
| Financial Leverage Ratio | 3.84 | 6.73 | 29.10 | -16.79 | 22.92 |
| Debt Service Coverage Ratio | 3.39 | 1.32 | 0.76 | -0.97 | -0.00 |
| Interest Coverage Ratio | 3.72 | 1.54 | -0.13 | -3.07 | -0.59 |
| Debt to Market Cap | 0.06 | 0.14 | 1.08 | 17.39 | 0.28 |
| Interest Debt Per Share | 8.76 | 10.95 | 67.12 | 92.26 | 71.86 |
| Net Debt to EBITDA | -29.04 | 3.19 | 5.33 | -3.91 | -1074.20 |
| Profitability Margins | |||||
| Gross Profit Margin | 20.63% | 19.83% | 16.01% | 7.36% | 14.25% |
| EBIT Margin | -1.89% | 7.69% | 7.49% | -17.69% | -0.86% |
| EBITDA Margin | -0.54% | 9.92% | 10.76% | -15.77% | -0.04% |
| Operating Profit Margin | 9.26% | 7.33% | -0.74% | -10.95% | -0.81% |
| Pretax Profit Margin | -4.38% | 2.93% | 1.62% | -21.27% | -2.23% |
| Net Profit Margin | 6.92% | 1.54% | 4.18% | -11.67% | -1.05% |
| Continuous Operations Profit Margin | 9.32% | 2.95% | 1.39% | -21.27% | -2.24% |
| Net Income Per EBT | -158.09% | 52.50% | 257.14% | 54.86% | 47.20% |
| EBT Per EBIT | -47.32% | 39.92% | -218.75% | 194.16% | 275.00% |
| Return on Assets (ROA) | 10.66% | 2.48% | 6.36% | -18.25% | -1.92% |
| Return on Equity (ROE) | 40.89% | 16.67% | 185.19% | 306.37% | -44.12% |
| Return on Capital Employed (ROCE) | 16.10% | 14.02% | -1.45% | -24.40% | -2.52% |
| Return on Invested Capital (ROIC) | -33.47% | 13.32% | -1.07% | -19.00% | -1.64% |
| Return on Tangible Assets | 10.70% | 2.49% | 6.41% | -18.39% | -1.93% |
| Earnings Yield | 2.42% | 0.84% | 7.78% | -332.06% | -0.70% |
| Efficiency Ratios | |||||
| Receivables Turnover | 81.29 | 45.13 | 40.49 | 53.77 | 62.20 |
| Payables Turnover | 68.35 | 46.45 | 39.16 | 58.35 | 96.39 |
| Inventory Turnover | 6.70 | 6.82 | 7.87 | 6.72 | 3.49 |
| Fixed Asset Turnover | 6.24 | 4.26 | 3.13 | 3.60 | 6.64 |
| Asset Turnover | 1.54 | 1.61 | 1.52 | 1.56 | 1.83 |
| Working Capital Turnover Ratio | 4.75 | 5.14 | 5.69 | 6.80 | 7.41 |
| Cash Conversion Cycle | 53.64 | 53.77 | 46.09 | 54.86 | 106.68 |
| Days of Sales Outstanding | 4.49 | 8.09 | 9.01 | 6.79 | 5.87 |
| Days of Inventory Outstanding | 54.49 | 53.54 | 46.40 | 54.33 | 104.60 |
| Days of Payables Outstanding | 5.34 | 7.86 | 9.32 | 6.26 | 3.79 |
| Operating Cycle | 58.98 | 61.63 | 55.41 | 61.12 | 110.47 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 1.51 | 1.50 | 7.35 | -13.13 | -31.33 |
| Free Cash Flow Per Share | 1.29 | 1.35 | 6.55 | -18.21 | -38.05 |
| Dividend Paid and CapEx Coverage Ratio | 7.05 | 10.09 | 9.23 | -2.59 | -4.66 |
| Capital Expenditure Coverage Ratio | 7.05 | 10.09 | 9.23 | -2.59 | -4.66 |
| Operating Cash Flow Coverage Ratio | 0.19 | 0.15 | 0.12 | -0.15 | -0.45 |
| Operating Cash Flow to Sales Ratio | 0.05 | 0.07 | 0.07 | -0.10 | -0.20 |
| Free Cash Flow Yield | 1.53% | 3.32% | 12.37% | -384.16% | -16.42% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 41.37 | 118.47 | 12.86 | -0.30 | -142.17 |
| Price-to-Sales (P/S) Ratio | 2.86 | 1.82 | 0.54 | 0.04 | 1.50 |
| Price-to-Book (P/B) Ratio | 16.88 | 19.74 | 23.82 | -0.92 | 62.72 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 65.33 | 30.08 | 8.08 | -0.26 | -6.09 |
| Price-to-Operating Cash Flow Ratio | 56.06 | 27.10 | 7.21 | -0.36 | -7.40 |
| Price-to-Earnings Growth (PEG) Ratio | 0.08 | -2.03 | -0.10 | -0.00 | 3.74 |
| Enterprise Value Multiple | -854.48 | 31.88 | 10.32 | -4.13 | -4912.87 |
| Enterprise Value | 93.99B | 43.22B | 11.96B | 8.86B | 24.56B |
| EV to EBITDA | -854.48 | 31.88 | 10.32 | -4.13 | -4912.87 |
| EV to Sales | 4.63 | 3.16 | 1.11 | 0.65 | 1.92 |
| EV to Free Cash Flow | 105.73 | 52.26 | 16.71 | -4.83 | -7.80 |
| EV to Operating Cash Flow | 90.73 | 47.08 | 14.90 | -6.69 | -9.47 |
| Tangible Book Value Per Share | 6.02 | 2.19 | -3.99 | -11.14 | 6.18 |
| Shareholders’ Equity Per Share | 5.00 | 2.06 | 2.22 | -5.14 | 3.70 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 3.13 | -0.01 | 0.14 | -0.00 | -0.00 |
| Revenue Per Share | 29.53 | 22.35 | 98.52 | 134.92 | 154.75 |
| Net Income Per Share | 2.04 | 0.34 | 4.12 | -15.74 | -1.63 |
| Tax Burden | -1.58 | 0.53 | 2.57 | 0.55 | 0.47 |
| Interest Burden | 2.31 | 0.38 | 0.22 | 1.20 | 2.60 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.11 | 0.12 | 0.13 | 0.15 | 0.11 |
| Stock-Based Compensation to Revenue | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 |
| Income Quality | 0.55 | 2.27 | 5.35 | 0.46 | 9.04 |
Currency in USD