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

Carvana (CVNA) recorded quarterly Asset Utilization Ratio of 1.67 in Q1 2026, down 5.27% quarter-over-quarter from 1.76 in Q4 2025, and down 2.33% on a YoY basis from 1.71 in Q1 2025.

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 1.67 for 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 was 1.67 for Q1 2026 at Carvana, down from 1.76 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.93 in Q1 2022 to a low of 1.43 in Q2 2023.
  • Historically, Asset Utilization Ratio has averaged 1.64 across 5 years, with a median of 1.65 in 2024.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio sank 34.12% in 2022, then climbed 15.27% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 1.49 in 2022, then advanced by 2.9% to 1.53 in 2023, then rose by 12.88% to 1.73 in 2024, then increased by 2.2% to 1.76 in 2025, then fell by 5.27% to 1.67 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.67 (Q1 2026), 1.76 (Q4 2025), and 1.9 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn 1.95
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 1.67
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 1.00
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 1.48
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 1.90
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 1.50
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 0.54
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 0.42
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 2.20
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 1.57

Historic Data

Download Data
DateValue
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