CarGurus (CARG) Minority Interest (2021 - 2023)
CarGurus (CARG) posted quarterly Minority Interest of $26.5 million for Q3 2023, down 84.63% year-over-year from $172.6 million in Q3 2022, and down 11.15% quarter-over-quarter from $29.9 million in Q2 2023.
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 for Q3 2023 stood at $26.5 million, 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.
- The 3-year median for Minority Interest is $54.6 million (2021), against an average of $102.7 million.
- The sharpest annual moves came in 2022 and 2023: Minority Interest soared 384.75% in 2022, then plunged 88.71% in 2023.
- CarGurus' Minority Interest stood at $162.8 million in 2021, then sank by 77.43% to $36.7 million in 2022, then fell by 27.79% to $26.5 million in 2023.
- Business Quant data shows CARG's Minority Interest at $26.5 million in Q3 2023, $29.9 million in Q2 2023, and $32.5 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - |
| 2 | Carvana | 51.62 Bn | 48.87 Bn | 1.38 Bn |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn |
| 4 | Lithia Motors | 8.52 Bn | 8.16 Bn | 1.50 Bn |
| 5 | Carmax | 8.26 Bn | 7.67 Bn | 854.41 Mn |
| 6 | Autonation | 6.97 Bn | 6.91 Bn | 1.23 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 6.35 Bn | 6.09 Bn | 361.67 Mn |
| 8 | Autozi Internet Technology (Global) | 6.17 Bn | 5.99 Bn | - |
| 9 | Valvoline | 4.21 Bn | 4.13 Bn | 214.90 Mn |
| 10 | CarGurus | 3.26 Bn | 3.14 Bn | 231.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |