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| Date | Value |
|---|---|
| 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 |