Carvana (CVNA) FCF Margin (2016 - 2026)

Carvana (CVNA) posted quarterly FCF Margin of 0.87% for Q1 2026, down 397.0% year-over-year from 0.29% in Q1 2025, and down 87.13% on a QoQ basis from 6.76% in Q4 2025.

Carvana (CVNA) FCF Margin (2016 - 2026) Analysis & Trends

Carvana (CVNA) has reported FCF Margin for 11 consecutive years, with 0.87% the latest figure, recorded in Q1 2026.

  • In Q1 2026, FCF Margin fell 397.0% year-over-year to 0.87%; the TTM figure through Mar 2026 stood at 3.56% (down 315.0% YoY), while the FY2025 annual figure was 4.37%, down 167.0% from the prior year.
  • FCF Margin came in at 0.87% for Q1 2026 at Carvana, down from 6.76% 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.
  • Average FCF Margin over 5 years is 0.55%, with a median of 1.01% recorded in 2024.
  • Across the five-year window, FCF Margin surged 2647 bps in 2023 and slumped 992 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 28.2% in 2022, then surged by 62 bps to 10.6% in 2023, then jumped by 110 bps to 1.01% in 2024, then surged by 566 bps to 6.76% in 2025, then plunged by 87 bps to 0.87% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 0.87%, 6.76%, and 6.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 0.87%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 1.94%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -1.07%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -2.22%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -0.52%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -0.35%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 7.46%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 5.37%
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 0.16%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.87%
Dec 31, 2025 6.76%
Sep 30, 2025 6.04%
Jun 30, 2025 0.54%
Mar 31, 2025 4.84%
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%
Jun 30, 2021 -21.55%