Carvana (CVNA) EV to FCF (2023 - 2026)
Carvana's (CVNA) EV to FCF stood at 60.38 in Q3 2026, down 59.0% from 147.45 a year earlier and down 20.8% from the prior quarter.
Carvana (CVNA) EV to FCF (2023 - 2026) Analysis & Trends
On a TTM basis, Carvana's EV to FCF came in at 53.76 as of Sep 30, 2026, down 60.9% year-over-year; for FY2025, it came in at 101.88, up 101.8% from FY2024.
- Across earlier years, EV to FCF came in at 50.48 in FY2024 (+283.5%) and 13.16 in FY2023.
- The Q3 2026 figure is the lowest quarterly EV to FCF since Q1 2025.
- On a year-over-year basis, EV to FCF rose in six of the last eight quarters, with growth averaging 111.4%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 283.5% in Q4 2024, against a decline of 59.0% in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 76.27 (Q2 2026), 91.18 (Q1 2026) and 101.88 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 60.38 |
| Jun 30, 2026 | 76.27 |
| Mar 31, 2026 | 91.18 |
| Dec 31, 2025 | 101.88 |
| Sep 30, 2025 | 147.45 |
| Jun 30, 2025 | 115.39 |
| Mar 31, 2025 | 45.37 |
| Dec 31, 2024 | 50.29 |
| Sep 30, 2024 | 65.37 |
| Jun 30, 2024 | 34.75 |
| Mar 31, 2024 | 18.86 |
| Dec 31, 2023 | 13.16 |
| Sep 30, 2023 | 42.18 |
Carvana EV to FCF 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-fcf&ticker=CVNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();