Carvana (CVNA) EBT Margin (2016 - 2026)
Carvana (CVNA) recorded quarterly EBT Margin of 6.86% in Q1 2026, up 120.97% quarter-over-quarter from 32.7% in Q4 2025, and down 200.0% on a YoY basis from 6.86% in Q1 2025.
Carvana (CVNA) EBT Margin (2016 - 2026) Analysis & Trends
Carvana's EBT Margin history runs 11 years deep, the most recent figure standing at 6.86% for 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 was 6.86% for Q1 2026 at Carvana, up from 32.7% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 27.77% in Q3 2023 to a low of 51.04% in Q4 2022.
- Historically, EBT Margin has averaged 4.8% across 5 years, with a median of 1.44% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBT Margin tumbled 4622 bps in 2022, then jumped 4277 bps in 2023.
- A 5-year view of EBT Margin shows it 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 plunged by 843 bps to 32.7% in 2025, then jumped by 121 bps to 6.86% in 2026.
- The last three EBT Margin figures came in at 6.86% (Q1 2026), 32.7% (Q4 2025), and 4.59% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -6.91% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 6.86% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -1.86% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.53% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 4.21% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 4.74% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 11.81% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 12.37% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 3.15% |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 6.09% |
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% |