Growth Metrics

Carvana (CVNA) Operating Margin (2016 - 2025)

Historic Operating Margin for Carvana (CVNA) over the last 10 years, with Q3 2025 value amounting to 9.78%.

  • Carvana's Operating Margin rose 5500.0% to 9.78% in Q3 2025 from the same period last year, while for Sep 2025 it was 9.4%, marking a year-over-year increase of 38900.0%. This contributed to the annual value of 7.24% for FY2024, which is 79800.0% up from last year.
  • According to the latest figures from Q3 2025, Carvana's Operating Margin is 9.78%, which was up 5500.0% from 10.56% recorded in Q2 2025.
  • In the past 5 years, Carvana's Operating Margin registered a high of 10.56% during Q2 2025, and its lowest value of 15.47% during Q4 2022.
  • Moreover, its 5-year median value for Operating Margin was 1.42% (2023), whereas its average is 0.33%.
  • Its Operating Margin has fluctuated over the past 5 years, first tumbled by -127000bps in 2022, then soared by 139100bps in 2023.
  • Carvana's Operating Margin (Quarter) stood at 2.77% in 2021, then tumbled by -458bps to 15.47% in 2022, then surged by 90bps to 1.57% in 2023, then skyrocketed by 568bps to 7.33% in 2024, then soared by 33bps to 9.78% in 2025.
  • Its Operating Margin was 9.78% in Q3 2025, compared to 10.56% in Q2 2025 and 9.31% in Q1 2025.