CarGurus (CARG) Return on Capital Employed [ROCE] (2017 - 2026)
CarGurus' Return on Capital Employed [ROCE] was 64.72% in Q2 2026, up 9.73 percentage points from 54.99% a year earlier and up 9.02 percentage points from the prior quarter.
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Analysis
CarGurus (CARG) Return on Capital Employed [ROCE] (2017 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at CarGurus came in at 38.04%, up 17.85 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now increased for three consecutive years, with a five-year change of +12.41 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 20.18% in FY2024 (+5.29 pp), 14.90% in FY2023 (+1.84 pp), 13.06% in FY2022 (-14.08 pp) and 27.14% in FY2021 (+1.51 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] in data going back to Q4 2017.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for seven straight quarters, with an average year-over-year change of +23.61 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2025 (a gain of 56.64 percentage points); the worst was Q4 2022 (a drop of 8.36 percentage points).
- Per Business Quant data, CARG's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 55.70% (Q1 2026), 50.84% (Q4 2025) and 60.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | 21.49% |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 23.74% |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 30.16% |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 2.13% |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 14.37% |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 13.97% |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 121.68% |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 22.53% |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 20.20% |
| 10 | CarGurus | 2.79 Bn | 2.23 Bn | 231.10 Mn | 64.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.72% |
| Mar 31, 2026 | 55.70% |
| Dec 31, 2025 | 50.84% |
| Sep 30, 2025 | 60.54% |
| Jun 30, 2025 | 54.99% |
| Mar 31, 2025 | 27.41% |
| Dec 31, 2024 | 22.19% |
| Sep 30, 2024 | 3.90% |
| Jun 30, 2024 | 3.03% |
| Mar 31, 2024 | 17.03% |
| Dec 31, 2023 | 13.85% |
| Sep 30, 2023 | 9.03% |
| Jun 30, 2023 | 9.63% |
| Mar 31, 2023 | 11.08% |
| Dec 31, 2022 | 12.67% |
| Sep 30, 2022 | 14.49% |
| Jun 30, 2022 | 16.74% |
| Mar 31, 2022 | 18.88% |
| Dec 31, 2021 | 21.03% |
| Sep 30, 2021 | 19.70% |
API Access
CarGurus Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CARG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();