CarGurus (CARG) Income from Non-Controlling Interests (2021 - 2023)
CarGurus (CARG) posted quarterly Income from Non-Controlling Interests of -$4.7 million for Q4 2023, down 200.77% year-over-year from $4.7 million in Q4 2022, and down 41.12% on a QoQ basis from -$3.3 million in Q3 2023.
CarGurus (CARG) Income from Non-Controlling Interests (2021 - 2023) Analysis & Trends
CarGurus (CARG) has reported Income from Non-Controlling Interests for 3 consecutive years, with -$4.7 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Income from Non-Controlling Interests fell 200.77% year-over-year to -$4.7 million; the TTM figure through Sep 2024 stood at -$4.7 million (up 60.03% YoY), while the FY2023 annual figure was -$14.9 million, down 174.05% from the prior year.
- Income from Non-Controlling Interests came in at -$4.7 million for Q4 2023 at CarGurus, down from -$3.3 million in the prior quarter.
- The five-year high for Income from Non-Controlling Interests was $4.5 million in Q4 2021, with the low at -$4.7 million in Q4 2023.
- Average Income from Non-Controlling Interests over 3 years is -$1.6 million, with a median of -$1.6 million recorded in 2022.
- The largest YoY upside for Income from Non-Controlling Interests was 61.85% in 2022 against a maximum downside of 2417.65% in 2022.
- Year by year, Income from Non-Controlling Interests stood at $4.5 million in 2021, then slumped by 134.5% to -$1.6 million in 2022, then plunged by 200.77% to -$4.7 million in 2023.
- According to Business Quant data, Income from Non-Controlling Interests over the past three periods registered -$4.7 million, -$3.3 million, and -$2.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 155.00 Mn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 400,000.00 |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | - |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 1.60 Mn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | - |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 226,000.00 |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | - |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | - |
| 10 | CarGurus | 2.67 Mn | -69.38 Mn | 224.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -4.70 Mn |
| Sep 30, 2023 | -3.33 Mn |
| Jun 30, 2023 | -2.60 Mn |
| Mar 31, 2023 | -4.27 Mn |
| Dec 31, 2022 | -1.56 Mn |
| Sep 30, 2022 | -1.58 Mn |
| Jun 30, 2022 | -1.22 Mn |
| Mar 31, 2022 | -1.07 Mn |
| Dec 31, 2021 | 4.53 Mn |
| Sep 30, 2021 | 68,000.00 |
| Jun 30, 2021 | -656,000.00 |
| Mar 31, 2021 | -2.81 Mn |