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| 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 |