Carvana (CVNA) EBT Margin (2016 - 2026)
Carvana (CVNA) posted quarterly EBT Margin of 7.85% for Q2 2026, up 149.0% year-over-year from 3.15% in Q2 2025, and up 14.49% quarter-over-quarter from 6.86% in Q1 2026.
Carvana (CVNA) EBT Margin (2016 - 2026) Analysis & Trends
Carvana's EBT Margin history runs 11 years deep, the most recent figure standing at 7.85% for Q2 2026.
- In Q2 2026, EBT Margin rose 149.0% year-over-year to 7.85%; the TTM figure through Jun 2026 stood at 2.21% (down 827.0% YoY), while the FY2025 annual figure was 4.38%, down 730.0% from the prior year.
- EBT Margin for Q2 2026 stood at 7.85%, up from 6.86% 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.
- The 5-year median for EBT Margin is 1.5% (2024), against an average of 4.09%.
- The sharpest annual moves came in 2022 and 2023: EBT Margin slumped 4622 bps in 2022, then soared 4277 bps in 2023.
- Carvana's EBT Margin stood at 51.04% in 2022, then surged by 84 bps to 8.33% in 2023, then surged by 153 bps to 4.4% in 2024, then tumbled by 843 bps to 32.7% in 2025, then surged by 124 bps to 7.85% in 2026.
- Business Quant data shows CVNA's EBT Margin at 7.85% in Q2 2026, 6.86% in Q1 2026, and 32.7% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - | - |
| 2 | Carvana | 51.16 Bn | 48.42 Bn | 1.38 Bn | 7.85% |
| 3 | Penske Automotive | 14.27 Bn | 14.21 Bn | 1.36 Bn | 4.16% |
| 4 | Lithia Motors | 8.57 Bn | 8.21 Bn | 1.50 Bn | 3.60% |
| 5 | Carmax | 8.31 Bn | 7.71 Bn | 854.41 Mn | 3.23% |
| 6 | Autonation | 6.98 Bn | 6.93 Bn | 1.23 Bn | 3.52% |
| 7 | Autozi Internet Technology (Global) | 6.85 Bn | 6.66 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.31 Bn | 6.04 Bn | 361.67 Mn | 4.86% |
| 9 | Valvoline | 4.29 Bn | 4.21 Bn | 214.90 Mn | 15.72% |
| 10 | Openlane | 4.27 Bn | 4.08 Bn | 248.20 Mn | 11.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.85% |
| 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% |