CarGurus (CARG) Price to Earnings (2017 - 2026)
CarGurus' Price to Earnings came in at 14.64 for Q2 2026, down 33.0% from 21.85 a year earlier and down 15.3% from the prior quarter.
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Analysis
CarGurus (CARG) Price to Earnings (2017 - 2026) Analysis & Trends
For FY2025, CarGurus' Price to Earnings was 19.84, down 87.2% from FY2024.
- Going back by year, Price to Earnings was 155.07 in FY2024 (+116.6%), 71.60 in FY2023 (+874.4%) and 7.35 in FY2022.
- The Q2 2026 figure represents the lowest quarterly Price to Earnings since Q3 2023.
- Year-over-year, Price to Earnings has declined for three consecutive quarters, with an average decline of 12.9% over the last five quarters.
- The fastest year-over-year change in Price to Earnings over five years came in Q4 2023 (growth of 874.4%), and the weakest in Q4 2025 (a decline of 87.2%).
- Business Quant data shows CARG's Price to Earnings at 17.28 (Q1 2026), 19.84 (Q4 2025) and 20.06 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | CarGurus | 2.79 Bn | 2.23 Bn | 231.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.64 |
| Mar 31, 2026 | 17.28 |
| Dec 31, 2025 | 19.84 |
| Sep 30, 2025 | 20.06 |
| Jun 30, 2025 | 21.85 |
| Mar 31, 2025 | 63.45 |
| Dec 31, 2024 | 155.07 |
| Mar 31, 2024 | 56.68 |
| Dec 31, 2023 | 71.60 |
| Sep 30, 2023 | 7.93 |
| Jun 30, 2023 | 7.38 |
| Mar 31, 2023 | 6.75 |
| Dec 31, 2022 | 7.35 |
| Sep 30, 2021 | 30.28 |
| Jun 30, 2021 | 24.03 |
| Mar 31, 2021 | 26.98 |
| Dec 31, 2020 | 47.79 |
| Sep 30, 2020 | 37.31 |
| Jun 30, 2020 | 65.94 |
| Mar 31, 2020 | 50.49 |
API Access
CarGurus Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CARG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "CARG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();