Carvana (CVNA) Asset Utilization Ratio (2017 - 2026)
Carvana (CVNA) posted quarterly Asset Utilization Ratio of 1.67 for Q1 2026, down 2.33% year-over-year from 1.71 in Q1 2025, and down 5.27% on a QoQ basis from 1.76 in Q4 2025.
Carvana (CVNA) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Carvana (CVNA) has reported Asset Utilization Ratio for 10 consecutive years, with 1.67 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 2.33% year-over-year to 1.67; the TTM figure through Mar 2026 stood at 1.67 (down 2.33% YoY), while the FY2025 annual figure was 1.87, up 6.61% from the prior year.
- Asset Utilization Ratio came in at 1.67 for Q1 2026 at Carvana, down from 1.76 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 1.64, with a median of 1.65 recorded in 2024.
- Across the five-year window, Asset Utilization Ratio slumped 34.12% in 2022 and rose 15.27% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.49 in 2022, then increased by 2.9% to 1.53 in 2023, then climbed by 12.88% to 1.73 in 2024, then advanced by 2.2% to 1.76 in 2025, then slipped by 5.27% to 1.67 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.67, 1.76, and 1.9 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 1.67 |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 1.77 |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 0.99 |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 1.48 |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 1.90 |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 1.50 |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 0.54 |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 1.57 |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 2.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 2.13 |