Carvana (CVNA) Asset Utilization Ratio (2017 - 2026)

Carvana (CVNA) posted quarterly Asset Utilization Ratio of 1.77 for Q2 2026, down 0.82% year-over-year from 1.78 in Q2 2025, and up 5.95% quarter-over-quarter from 1.67 in Q1 2026.

Carvana (CVNA) Asset Utilization Ratio (2017 - 2026) Analysis & Trends

Carvana's Asset Utilization Ratio history runs 10 years deep, the most recent figure standing at 1.77 for Q2 2026.

  • In Q2 2026, Asset Utilization Ratio fell 0.82% year-over-year to 1.77; the TTM figure through Jun 2026 stood at 1.77 (down 0.82% YoY), while the FY2025 annual figure was 1.87, up 6.61% from the prior year.
  • Asset Utilization Ratio for Q2 2026 stood at 1.77, 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.
  • The 5-year median for Asset Utilization Ratio is 1.66 (2024), against an average of 1.65.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 34.12% in 2022, then advanced 15.27% in 2024.
  • Carvana's Asset Utilization Ratio stood at 1.49 in 2022, then gained by 2.9% to 1.53 in 2023, then increased by 12.88% to 1.73 in 2024, then grew by 2.2% to 1.76 in 2025, then increased by 0.37% to 1.77 in 2026.
  • Business Quant data shows CVNA's Asset Utilization Ratio at 1.77 in Q2 2026, 1.67 in Q1 2026, and 1.76 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Uxin 77.74 Bn 77.73 Bn - -
2 Carvana 51.02 Bn 48.28 Bn 1.38 Bn 1.77
3 Penske Automotive 14.27 Bn 14.20 Bn 1.36 Bn 1.75
4 Lithia Motors 8.58 Bn 8.22 Bn 1.50 Bn 1.46
5 Carmax 8.30 Bn 7.71 Bn 854.41 Mn 0.99
6 Autonation 7.03 Bn 6.97 Bn 1.23 Bn 1.82
7 Autozi Internet Technology (Global) 6.85 Bn 6.66 Bn - -
8 Rush Enterprises Inc \Tx\ 6.31 Bn 6.04 Bn 361.67 Mn 3.20
9 Valvoline 4.30 Bn 4.21 Bn 214.90 Mn 0.57
10 Openlane 4.28 Bn 4.09 Bn 248.20 Mn 0.42

Historic Data

Download Data
DateValue
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