Carvana (CVNA) EV to EBITDA (2021 - 2026)
Carvana's (CVNA) EV to EBITDA was 25.01 for Q3 2026, down 37.7% from 40.15 a year earlier and down 10.9% from the prior quarter.
Carvana (CVNA) EV to EBITDA (2021 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Carvana's EV to EBITDA came in at 22.27, down 40.5% year-over-year; for FY2025, it came in at 41.82, up 31.2% from FY2024.
- By year, EV to EBITDA came in at 31.87 in FY2024 (+0.1%), 31.84 in FY2023 and 3323.17 in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly EV to EBITDA in data going back to Q2 2021.
- Year over year, EV to EBITDA gained in five of the last eight quarters, with an average decline of 1.1%.
- The high point for year-over-year EV to EBITDA in five years was Q4 2025 (growth of 31.2%); the low point was Q3 2026 (a decline of 37.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 28.08 (Q2 2026), 28.71 (Q1 2026) and 41.82 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,931.82 Bn | 2,428.49 Bn | 107.37 Bn |
| 2 | Home Depot | 348.68 Bn | 341.92 Bn | 16.12 Bn |
| 3 | Tjx Companies | 150.97 Bn | 128.51 Bn | 5.07 Bn |
| 4 | Lowes Companies | 128.03 Bn | 120.99 Bn | 8.58 Bn |
| 5 | Ross Stores | 74.86 Bn | 57.79 Bn | 2.12 Bn |
| 6 | O Reilly Automotive | 73.48 Bn | 72.56 Bn | 2.52 Bn |
| 7 | Target | 72.25 Bn | 66.84 Bn | 8.94 Bn |
| 8 | Carvana | 53.50 Bn | 43.09 Bn | 1.52 Bn |
| 9 | Autozone | 53.15 Bn | 52.00 Bn | 3.52 Bn |
| 10 | JD.com | 40.22 Bn | -80.66 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.01 |
| Jun 30, 2026 | 28.08 |
| Mar 31, 2026 | 28.71 |
| Dec 31, 2025 | 41.82 |
| Sep 30, 2025 | 40.15 |
| Jun 30, 2025 | 39.45 |
| Mar 31, 2025 | 27.64 |
| Dec 31, 2024 | 31.87 |
| Sep 30, 2024 | 34.16 |
| Jun 30, 2024 | 34.24 |
| Mar 31, 2024 | 30.87 |
| Dec 31, 2023 | 31.84 |
| Dec 31, 2021 | 5,696.86 |
| Jun 30, 2021 | 10,737.79 |
Carvana EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CVNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "CVNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();