Carvana (CVNA) Debt Ratio (2016 - 2026)

Carvana's Debt Ratio history runs 11 years deep, the most recent figure standing at 0.34 for Q2 2026.

• In Q2 2026, Debt Ratio fell 40.59% year-over-year to 0.34; the TTM figure through Jun 2026 stood at 0.34 (down 40.59% YoY), while the FY2025 annual figure was 0.37, down 40.98% from the prior year.
• Debt Ratio for Q2 2026 stood at 0.34, down from 0.36 in the prior quarter.
• The five-year high for Debt Ratio was 0.98 in Q2 2023, with the low at 0.34 in Q2 2026.
• The 5-year median for Debt Ratio is 0.75 (2022), against an average of 0.7.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio soared 33.45% in 2023, then plunged 40.98% in 2025.
• Carvana's Debt Ratio stood at 0.93 in 2022, then fell by 7.7% to 0.86 in 2023, then slipped by 27.08% to 0.63 in 2024, then slumped by 40.98% to 0.37 in 2025, then decreased by 7.58% to 0.34 in 2026.
• Business Quant data shows CVNA's Debt Ratio at 0.34 in Q2 2026, 0.36 in Q1 2026, and 0.37 in Q4 2025.