Carvana (CVNA) Debt Ratio (2016 - 2026)

Carvana's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.36 for Q1 2026.

• In Q1 2026, Debt Ratio fell 40.46% year-over-year to 0.36; the TTM figure through Mar 2026 stood at 0.36 (down 40.46% YoY), while the FY2025 annual figure was 0.37, down 40.98% from the prior year.
• Debt Ratio was 0.36 for Q1 2026 at Carvana, down from 0.37 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.98 in Q2 2023 to a low of 0.36 in Q1 2026.
• Historically, Debt Ratio has averaged 0.72 across 5 years, with a median of 0.75 in 2022.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio jumped 33.45% in 2023, then sank 40.98% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.93 in 2022, then retreated by 7.7% to 0.86 in 2023, then dropped by 27.08% to 0.63 in 2024, then tumbled by 40.98% to 0.37 in 2025, then dropped by 3.41% to 0.36 in 2026.
• The last three Debt Ratio figures came in at 0.36 (Q1 2026), 0.37 (Q4 2025), and 0.5 (Q3 2025), per Business Quant data.