Carvana (CVNA) FCF Margin (2016 - 2026)
Carvana (CVNA) posted FCF Margin of 3.17% for Q2 2026, up 264.38% on a QoQ basis from 0.87% in Q1 2026, and up 264.0% year-over-year from 0.87% in Q2 2025.
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Carvana (CVNA) FCF Margin (2016 - 2026) Analysis & Trends
Carvana has reported FCF Margin for 11 years, with the latest figure at 3.17% in Q2 2026.
- On a quarterly basis, FCF Margin rose 264.0% year-over-year to 3.17% in Q2 2026; TTM through Jun 2026 was 4.03%, a 6.0% decrease from a year earlier, with the FY2025 full-year figure at 4.37%, down 167.0% from the prior year.
- FCF Margin was 3.17% for Q2 2026 at Carvana, 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.
- Average FCF Margin over 5 years is 0.69%, with a median of 1.86% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: FCF Margin soared 2647 bps in 2023, then plunged 992 bps in 2024.
- Over 5 years, FCF Margin stood at 28.2% in 2022, then soared by 62 bps to 10.6% in 2023, then surged by 110 bps to 1.01% in 2024, then soared by 566 bps to 6.76% in 2025, then sank by 53 bps to 3.17% in 2026.
- The last three FCF Margin figures came in at 3.17% (Q2 2026), 0.87% (Q1 2026), and 6.76% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 3.17% |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 1.55% |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | -1.07% |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | -1.25% |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | -2.03% |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | -5.54% |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 1.33% |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 0.37% |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 12.63% |
Historic Data
Download Data
Historic 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% |