Carvana (CVNA) Asset Utilization Ratio (2017 - 2026)
Carvana (CVNA) posted Asset Utilization Ratio of 1.77 for Q2 2026, up 5.95% on a QoQ basis from 1.67 in Q1 2026, and down 0.82% year-over-year from 1.78 in Q2 2025.
Analysis
Carvana (CVNA) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Carvana has reported Asset Utilization Ratio for 10 years, with the latest figure at 1.77 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 0.82% year-over-year to 1.77 in Q2 2026; TTM through Jun 2026 was 1.77, a 0.82% decrease from a year earlier, with the FY2025 full-year figure at 1.87, up 6.61% from the prior year.
- Asset Utilization Ratio was 1.77 for Q2 2026 at Carvana, up from 1.67 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.93 in Q1 2022, with the low at 1.43 in Q2 2023.
- Average Asset Utilization Ratio over 5 years is 1.65, with a median of 1.66 recorded in 2024.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 34.12% in 2022, then grew 15.27% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 1.49 in 2022, then climbed by 2.9% to 1.53 in 2023, then gained by 12.88% to 1.73 in 2024, then rose by 2.2% to 1.76 in 2025, then gained by 0.37% to 1.77 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.77 (Q2 2026), 1.67 (Q1 2026), and 1.76 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 1.77 |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 1.75 |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 0.99 |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 1.46 |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 1.82 |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 2.47 |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | 1.63 |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 1.58 |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 2.18 |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 0.92 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.77 |
| Mar 31, 2026 | 1.67 |
| Dec 31, 2025 | 1.76 |
| Sep 30, 2025 | 1.90 |
| Jun 30, 2025 | 1.78 |
| Mar 31, 2025 | 1.71 |
| Dec 31, 2024 | 1.73 |
| Sep 30, 2024 | 1.73 |
| Jun 30, 2024 | 1.65 |
| Mar 31, 2024 | 1.60 |
| Dec 31, 2023 | 1.53 |
| Sep 30, 2023 | 1.50 |
| Jun 30, 2023 | 1.43 |
| Mar 31, 2023 | 1.47 |
| Dec 31, 2022 | 1.49 |
| Sep 30, 2022 | 1.44 |
| Jun 30, 2022 | 1.62 |
| Mar 31, 2022 | 1.93 |
| Dec 31, 2021 | 2.07 |
| Sep 30, 2021 | 2.19 |