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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

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

Carvana has reported Debt to Equity over the past 11 years, most recently at $1.06 for Q1 2026.

  • For Q1 2026, Debt to Equity fell 64.65% year-over-year to $1.06; the TTM value through Mar 2026 reached $1.06, down 64.65%, while the annual FY2025 figure was $1.42, 63.31% down from the prior year.
  • Debt to Equity for Q1 2026 was $1.06 at Carvana, down from $1.42 in the prior quarter.
  • Over five years, Debt to Equity peaked at $116.77 in Q1 2022 and troughed at -$28.39 in Q3 2023.
  • A 5-year average of $8.42 and a median of $1.65 in 2025 define the central range for Debt to Equity.
  • Biggest five-year swings in Debt to Equity: soared 3443.38% in 2022 and later tumbled 247.63% in 2023.
  • Year by year, Debt to Equity stood at -$7.7 in 2022, then crashed by 105.77% to -$15.84 in 2023, then skyrocketed by 124.43% to $3.87 in 2024, then crashed by 63.31% to $1.42 in 2025, then dropped by 25.15% to $1.06 in 2026.
  • Business Quant data shows Debt to Equity for CVNA at $1.06 in Q1 2026, $1.42 in Q4 2025, and $1.65 in Q3 2025.