Carvana (CVNA) Debt to Equity (2016 - 2026)

Carvana's Debt to Equity history runs 11 years deep, the most recent figure standing at $1.06 for Q1 2026.

• In Q1 2026, Debt to Equity fell 64.65% year-over-year to $1.06; the TTM figure through Mar 2026 stood at $1.06 (down 64.65% YoY), while the FY2025 annual figure was $1.42, down 63.31% from the prior year.
• Debt to Equity was $1.06 for Q1 2026 at Carvana, down from $1.42 in the prior quarter.
• In the past five years, Debt to Equity ranged from a high of $116.77 in Q1 2022 to a low of -$28.39 in Q3 2023.
• Historically, Debt to Equity has averaged $8.42 across 5 years, with a median of $1.65 in 2025.
• The sharpest annual moves came in 2022 and 2023: Debt to Equity soared 3443.38% in 2022, then tumbled 247.63% in 2023.
• A 5-year view of Debt to Equity shows it stood at -$7.7 in 2022, then slumped by 105.77% to -$15.84 in 2023, then surged by 124.43% to $3.87 in 2024, then plunged by 63.31% to $1.42 in 2025, then declined by 25.15% to $1.06 in 2026.
• The last three Debt to Equity figures came in at $1.06 (Q1 2026), $1.42 (Q4 2025), and $1.65 (Q3 2025), per Business Quant data.