CarGurus (CARG) EBITDA Margin (2016 - 2026)
CarGurus' EBITDA Margin was 30.27% in Q2 2026, down 1.82 percentage points from 32.09% a year earlier but up 8.94 percentage points from the prior quarter.
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Analysis
CarGurus (CARG) EBITDA Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, CarGurus' EBITDA Margin was 33.65% through Jun 30, 2026, down 10.67 percentage points year-over-year; for FY2025, it came in at 31.89%, up 7.26 percentage points from FY2024.
- EBITDA Margin shows a five-year change of +10.21 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 24.62% in FY2024 (-1.24 pp), 25.86% in FY2023 (+15.90 pp), 9.96% in FY2022 (-11.21 pp) and 21.17% in FY2021 (-0.51 pp).
- Quarterly EBITDA Margin has moved between -43.17% (Q2 2024) and 1114.57% (Q4 2023) over five years.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of -121.76 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q4 2023 (a gain of 1099.20 percentage points); the worst was Q4 2024 (a drop of 1015.73 percentage points).
- Per Business Quant data, CARG's EBITDA Margin in the three quarters before Q2 2026 was 21.33% (Q1 2026), 54.48% (Q4 2025) and 28.58% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | - |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 35.76% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 14.32% |
| 10 | CarGurus | 2.79 Bn | 2.23 Bn | 231.10 Mn | 30.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.27% |
| Mar 31, 2026 | 21.33% |
| Dec 31, 2025 | 54.48% |
| Sep 30, 2025 | 28.58% |
| Jun 30, 2025 | 32.09% |
| Mar 31, 2025 | 28.75% |
| Dec 31, 2024 | 98.84% |
| Sep 30, 2024 | 17.71% |
| Jun 30, 2024 | -43.17% |
| Mar 31, 2024 | 19.76% |
| Dec 31, 2023 | 1,114.57% |
| Sep 30, 2023 | 17.59% |
| Jun 30, 2023 | 13.46% |
| Mar 31, 2023 | 12.23% |
| Dec 31, 2022 | 15.38% |
| Sep 30, 2022 | 9.99% |
| Jun 30, 2022 | 7.34% |
| Mar 31, 2022 | 9.44% |
| Dec 31, 2021 | 17.07% |
| Sep 30, 2021 | 24.19% |
API Access
CarGurus EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CARG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "CARG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();