Carvana (CVNA) Invested Capital (2016 - 2026)
Carvana (CVNA) posted quarterly Invested Capital of $4.7 billion for Q1 2026, up 119.36% year-over-year from $2.1 billion in Q1 2025, and down 36.42% on a QoQ basis from $7.4 billion in Q4 2025.
Carvana (CVNA) Invested Capital (2016 - 2026) Analysis & Trends
Carvana (CVNA) has reported Invested Capital for 11 consecutive years, with $4.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Invested Capital rose 119.36% year-over-year to $4.7 billion; the TTM figure through Mar 2026 stood at $4.7 billion (up 119.36% YoY), while the FY2025 annual figure was $7.4 billion, up 28.65% from the prior year.
- Invested Capital came in at $4.7 billion for Q1 2026 at Carvana, down from $7.4 billion in the prior quarter.
- The five-year high for Invested Capital was $7.4 billion in Q4 2025, with the low at -$1.1 billion in Q1 2023.
- Average Invested Capital over 5 years is $1.8 billion, with a median of $669.0 million recorded in 2022.
- Across the five-year window, Invested Capital tumbled 433.54% in 2023 and surged 26762.5% in 2025, its largest moves.
- Year by year, Invested Capital stood at -$788.0 million in 2022, then soared by 88.07% to -$94.0 million in 2023, then jumped by 6185.11% to $5.7 billion in 2024, then rose by 28.65% to $7.4 billion in 2025, then slumped by 36.42% to $4.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $4.7 billion, $7.4 billion, and $3.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | 45.45 Mn |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 4.68 Bn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 8.30 Bn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 23.68 Bn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 6.45 Bn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 3.42 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 2.29 Bn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 384.30 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 3.96 Bn |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 3.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.68 Bn |
| Dec 31, 2025 | 7.36 Bn |
| Sep 30, 2025 | 3.32 Bn |
| Jun 30, 2025 | 2.47 Bn |
| Mar 31, 2025 | 2.13 Bn |
| Dec 31, 2024 | 5.72 Bn |
| Sep 30, 2024 | 490.00 Mn |
| Jun 30, 2024 | 319.00 Mn |
| Mar 31, 2024 | -8.00 Mn |
| Dec 31, 2023 | -94.00 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 4.25 Bn |
| Mar 31, 2023 | -1.06 Bn |
| Dec 31, 2022 | -788.00 Mn |
| Sep 30, 2022 | 669.00 Mn |
| Jun 30, 2022 | 1.18 Bn |
| Mar 31, 2022 | 319.00 Mn |
| Dec 31, 2021 | 969.00 Mn |
| Sep 30, 2021 | 3.11 Bn |
| Jun 30, 2021 | 911.00 Mn |