CarGurus (CARG) Minority Interest (2021 - 2023)

CarGurus (CARG) recorded quarterly Minority Interest of $26.5 million in Q3 2023, down 11.15% quarter-over-quarter from $29.9 million in Q2 2023, and down 84.63% on a YoY basis from $172.6 million in Q3 2022.

CarGurus (CARG) Minority Interest (2021 - 2023) Analysis & Trends

CarGurus' Minority Interest history runs 3 years deep, the most recent figure standing at $26.5 million for 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 was $26.5 million for Q3 2023 at CarGurus, down from $29.9 million in the prior quarter.
  • In the past five years, Minority Interest ranged from a high of $264.5 million in Q2 2022 to a low of $26.5 million in Q3 2023.
  • Historically, Minority Interest has averaged $102.7 million across 3 years, with a median of $54.6 million in 2021.
  • The sharpest annual moves came in 2022 and 2023: Minority Interest jumped 384.75% in 2022, then sank 88.71% in 2023.
  • A 3-year view of Minority Interest shows it stood at $162.8 million in 2021, then slumped by 77.43% to $36.7 million in 2022, then retreated by 27.79% to $26.5 million in 2023.
  • The last three Minority Interest figures came in at $26.5 million (Q3 2023), $29.9 million (Q2 2023), and $32.5 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn
10 CarGurus 2.58 Bn 2.51 Bn 224.62 Mn

Historic Data

Download Data
DateValue
Sep 30, 2023 26.54 Mn
Jun 30, 2023 29.87 Mn
Mar 31, 2023 32.48 Mn
Dec 31, 2022 36.75 Mn
Sep 30, 2022 172.61 Mn
Jun 30, 2022 264.51 Mn
Mar 31, 2022 239.75 Mn
Dec 31, 2021 162.81 Mn
Sep 30, 2021 54.63 Mn
Jun 30, 2021 54.57 Mn
Mar 31, 2021 55.22 Mn