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| Date | Value |
|---|---|
| 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% |