Cars.com (CARS) Gross Profit (2016 - 2023)
Cars.com (CARS) posted quarterly Gross Profit of $169.9 million for Q4 2023, up 10.29% year-over-year from $154.1 million in Q4 2022, and up 14.02% quarter-over-quarter from $149.0 million in Q3 2023.
Cars.com (CARS) Gross Profit (2016 - 2023) Analysis & Trends
Cars.com (CARS) has reported Gross Profit for 8 consecutive years, with $169.9 million the latest figure, recorded in Q4 2023.
- In Q4 2023, Gross Profit rose 10.29% year-over-year to $169.9 million; the TTM figure through Dec 2023 stood at $605.2 million (up 5.45% YoY), while the FY2024 annual figure was $632.6 million, up 4.54% from the prior year.
- Gross Profit advanced to $169.9 million in Q4 2023 per CARS's latest filing, from $149.0 million in the prior quarter.
- Across five years, Gross Profit topped out at $169.9 million in Q4 2023 and bottomed at $90.0 million in Q2 2020.
- Historically, Gross Profit has averaged $137.4 million across 5 years, with a median of $137.0 million in 2019.
- Annual changes were most pronounced in 2020 — Gross Profit decreased 27.37% — and 2021, when it soared 51.25%.
- Cars.com's Gross Profit stood at $137.5 million in 2019, then retreated by 2.0% to $134.7 million in 2020, then increased by 1.94% to $137.3 million in 2021, then gained by 12.21% to $154.1 million in 2022, then climbed by 10.29% to $169.9 million in 2023.
- Business Quant data shows CARS's Gross Profit at $169.9 million in Q4 2023, $149.0 million in Q3 2023, and $143.2 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,241.31 Bn | 3,812.27 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,542.01 Bn | 1,451.75 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,146.02 Bn | 1,145.89 Bn | 139.48 Mn |
| 4 | Baidu | 288.43 Bn | 283.93 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.61 Bn | 93.38 Bn | 1.75 Bn |
| 6 | Joyy | 78.30 Bn | 77.41 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.49 Bn | 39.86 Bn | 295.20 Mn |
| 9 | 30.58 Bn | 27.79 Bn | 734.60 Mn | |
| 10 | Cars.com | 660.67 Mn | 627.39 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 169.94 Mn |
| Dec 31, 2023 | 169.94 Mn |
| Sep 30, 2023 | 149.04 Mn |
| Sep 30, 2023 | 149.04 Mn |
| Jun 30, 2023 | 143.22 Mn |
| Jun 30, 2023 | 143.22 Mn |
| Mar 31, 2023 | 142.97 Mn |
| Mar 31, 2023 | 142.97 Mn |
| Dec 31, 2022 | 154.08 Mn |
| Dec 31, 2022 | 154.08 Mn |
| Sep 30, 2022 | 143.17 Mn |
| Sep 30, 2022 | 143.17 Mn |
| Jun 30, 2022 | 139.76 Mn |
| Jun 30, 2022 | 139.76 Mn |
| Mar 31, 2022 | 136.90 Mn |
| Mar 31, 2022 | 136.90 Mn |
| Dec 31, 2021 | 137.32 Mn |
| Dec 31, 2021 | 137.32 Mn |
| Sep 30, 2021 | 136.42 Mn |
| Sep 30, 2021 | 136.42 Mn |