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
DateValue
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