Carvana (CVNA) FCF Margin (2016 - 2026)
Carvana (CVNA) posted quarterly FCF Margin of 3.17% for Q2 2026, up 264.0% year-over-year from 0.87% in Q2 2025, and up 264.38% quarter-over-quarter from 0.87% in Q1 2026.
Carvana (CVNA) FCF Margin (2016 - 2026) Analysis & Trends
Carvana's FCF Margin history runs 11 years deep, the most recent figure standing at 3.17% for Q2 2026.
- In Q2 2026, FCF Margin rose 264.0% year-over-year to 3.17%; the TTM figure through Jun 2026 stood at 4.03% (down 6.0% YoY), while the FY2025 annual figure was 4.37%, down 167.0% from the prior year.
- FCF Margin for Q2 2026 stood at 3.17%, up from 0.87% in the prior quarter.
- The five-year high for FCF Margin was 20.92% in Q3 2023, with the low at 28.2% in Q4 2022.
- The 5-year median for FCF Margin is 1.86% (2024), against an average of 0.69%.
- The sharpest annual moves came in 2023 and 2024: FCF Margin jumped 2647 bps in 2023, then plunged 992 bps in 2024.
- Carvana's FCF Margin stood at 28.2% in 2022, then jumped by 62 bps to 10.6% in 2023, then soared by 110 bps to 1.01% in 2024, then jumped by 566 bps to 6.76% in 2025, then sank by 53 bps to 3.17% in 2026.
- Business Quant data shows CVNA's FCF Margin at 3.17% in Q2 2026, 0.87% in Q1 2026, and 6.76% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - | - |
| 2 | Carvana | 51.31 Bn | 48.57 Bn | 1.38 Bn | 3.17% |
| 3 | Penske Automotive | 14.31 Bn | 14.24 Bn | 1.36 Bn | 1.55% |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn | -1.25% |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | -1.07% |
| 6 | Autonation | 7.02 Bn | 6.97 Bn | 1.23 Bn | -2.03% |
| 7 | Rush Enterprises Inc \Tx\ | 6.34 Bn | 6.08 Bn | 361.67 Mn | 2.68% |
| 8 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - | - |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn | 12.36% |
| 10 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn | 7.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.17% |
| Mar 31, 2026 | 0.87% |
| Dec 31, 2025 | 6.76% |
| Sep 30, 2025 | 6.04% |
| Jun 30, 2025 | 0.54% |
| Mar 31, 2025 | 4.75% |
| Dec 31, 2024 | 1.01% |
| Sep 30, 2024 | 11.00% |
| Jun 30, 2024 | 10.35% |
| Mar 31, 2024 | 2.71% |
| Dec 31, 2023 | -10.60% |
| Sep 30, 2023 | 20.92% |
| Jun 30, 2023 | 16.54% |
| Mar 31, 2023 | -3.76% |
| Dec 31, 2022 | -28.20% |
| Sep 30, 2022 | -5.55% |
| Jun 30, 2022 | -0.90% |
| Mar 31, 2022 | -23.25% |
| Dec 31, 2021 | -35.68% |
| Sep 30, 2021 | -13.76% |