Carvana (CVNA) EBT Margin (2016 - 2026)

Carvana (CVNA) posted quarterly EBT Margin of 6.86% for Q1 2026, down 200.0% year-over-year from 6.86% in Q1 2025, and up 120.97% on a QoQ basis from 32.7% in Q4 2025.

Carvana (CVNA) EBT Margin (2016 - 2026) Analysis & Trends

Carvana (CVNA) has reported EBT Margin for 11 consecutive years, with 6.86% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBT Margin fell 200.0% year-over-year to 6.86%; the TTM figure through Mar 2026 stood at 3.66% (down 856.0% YoY), while the FY2025 annual figure was 4.38%, down 730.0% from the prior year.
  • EBT Margin came in at 6.86% for Q1 2026 at Carvana, up from 32.7% in the prior quarter.
  • The five-year high for EBT Margin was 27.77% in Q3 2023, with the low at 51.04% in Q4 2022.
  • Average EBT Margin over 5 years is 4.8%, with a median of 1.44% recorded in 2024.
  • Across the five-year window, EBT Margin plunged 4622 bps in 2022 and jumped 4277 bps in 2023, its largest moves.
  • Year by year, EBT Margin stood at 51.04% in 2022, then soared by 84 bps to 8.33% in 2023, then soared by 153 bps to 4.4% in 2024, then sank by 843 bps to 32.7% in 2025, then jumped by 121 bps to 6.86% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 6.86%, 32.7%, and 4.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 6.86%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 4.12%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 3.23%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.53%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 4.21%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 4.74%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 11.81%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 6.09%
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 3.15%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.86%
Dec 31, 2025 -32.70%
Sep 30, 2025 4.59%
Jun 30, 2025 6.36%
Mar 31, 2025 8.86%
Dec 31, 2024 4.40%
Sep 30, 2024 4.02%
Jun 30, 2024 1.44%
Mar 31, 2024 1.57%
Dec 31, 2023 -8.33%
Sep 30, 2023 27.77%
Jun 30, 2023 -3.54%
Mar 31, 2023 -11.05%
Dec 31, 2022 -51.04%
Sep 30, 2022 -15.00%
Jun 30, 2022 -11.28%
Mar 31, 2022 -14.47%
Dec 31, 2021 -4.82%
Sep 30, 2021 -1.95%
Jun 30, 2021 1.35%