Carvana (CVNA) Debt Ratio (2016 - 2026)

Carvana has reported Debt Ratio for 11 years, with the latest figure at 0.36 in Q2 2026.

• On a quarterly basis, Debt Ratio fell 40.95% year-over-year to 0.36 in Q2 2026; TTM through Jun 2026 was 0.36, a 40.95% decrease from a year earlier, with the FY2025 full-year figure at 0.39, down 41.63% from the prior year.
• Debt Ratio was 0.36 for Q2 2026 at Carvana, down from 0.37 in the prior quarter.
• The five-year high for Debt Ratio was 1.01 in Q2 2023, with the low at 0.36 in Q2 2026.
• Average Debt Ratio over 5 years is 0.72, with a median of 0.77 recorded in 2022.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio surged 33.24% in 2023, then sank 41.63% in 2025.
• Over 5 years, Debt Ratio stood at 0.96 in 2022, then slipped by 7.13% to 0.89 in 2023, then fell by 25.17% to 0.66 in 2024, then tumbled by 41.63% to 0.39 in 2025, then fell by 7.14% to 0.36 in 2026.
• The last three Debt Ratio figures came in at 0.36 (Q2 2026), 0.37 (Q1 2026), and 0.39 (Q4 2025), per Business Quant data.