CarGurus (CARG) Minority Interest (2021 - 2023)

CarGurus (CARG) has reported Minority Interest for 3 consecutive years, with $26.5 million the latest figure, recorded in Q3 2023.

• In Q3 2023, Minority Interest fell 84.63% year-over-year to $26.5 million; the TTM figure through Sep 2023 stood at $26.5 million (down 84.63% YoY), while the FY2022 annual figure was $36.7 million, down 77.43% from the prior year.
• Minority Interest came in at $26.5 million for Q3 2023 at CarGurus, down from $29.9 million in the prior quarter.
• The five-year high for Minority Interest was $264.5 million in Q2 2022, with the low at $26.5 million in Q3 2023.
• Average Minority Interest over 3 years is $102.7 million, with a median of $54.6 million recorded in 2021.
• Across the five-year window, Minority Interest jumped 384.75% in 2022 and slumped 88.71% in 2023, its largest moves.
• Year by year, Minority Interest stood at $162.8 million in 2021, then tumbled by 77.43% to $36.7 million in 2022, then dropped by 27.79% to $26.5 million in 2023.
• According to Business Quant data, Minority Interest over the past three periods registered $26.5 million, $29.9 million, and $32.5 million for Q3 2023, Q2 2023, and Q1 2023 respectively.