Carvana (CVNA) Debt Ratio (2016 - 2026)

Carvana (CVNA) posted quarterly Debt Ratio of 0.36 for Q1 2026, down 40.46% year-over-year from 0.6 in Q1 2025, and down 3.41% on a QoQ basis from 0.37 in Q4 2025.

Carvana (CVNA) Debt Ratio (2016 - 2026) Analysis & Trends

Carvana (CVNA) has reported Debt Ratio for 11 consecutive years, with 0.36 the latest figure, recorded in 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 came in at 0.36 for Q1 2026 at Carvana, down from 0.37 in the prior quarter.
  • The five-year high for Debt Ratio was 0.98 in Q2 2023, with the low at 0.36 in Q1 2026.
  • Average Debt Ratio over 5 years is 0.72, with a median of 0.75 recorded in 2022.
  • Across the five-year window, Debt Ratio jumped 33.45% in 2023 and slumped 40.98% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.93 in 2022, then dropped by 7.7% to 0.86 in 2023, then retreated by 27.08% to 0.63 in 2024, then plunged by 40.98% to 0.37 in 2025, then retreated by 3.41% to 0.36 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.36, 0.37, and 0.5 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 0.14
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 0.36
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 0.14
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 0.60
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 0.25
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 0.15
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 0.06
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 0.48
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 0.31
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 0.31

Historic Data

Download Data
DateValue
Mar 31, 2026 0.36
Dec 31, 2025 0.37
Sep 30, 2025 0.50
Jun 30, 2025 0.58
Mar 31, 2025 0.60
Dec 31, 2024 0.63
Sep 30, 2024 0.75
Jun 30, 2024 0.77
Mar 31, 2024 0.83
Dec 31, 2023 0.86
Sep 30, 2023 0.82
Jun 30, 2023 0.98
Mar 31, 2023 0.95
Dec 31, 2022 0.93
Sep 30, 2022 0.75
Jun 30, 2022 0.74
Mar 31, 2022 0.80
Dec 31, 2021 0.75
Sep 30, 2021 0.67
Jun 30, 2021 0.66