Carvana (CVNA) Return on Assets [ROA] (2017 - 2026)
Carvana (CVNA) posted Return on Assets [ROA] of 15.81% for Q3 2026, up 4.34 percentage points from 11.48% a year earlier and up 0.76 percentage points from the prior quarter.
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Analysis
Carvana (CVNA) Return on Assets [ROA] (2017 - 2026) Analysis & Trends
For FY2025, Carvana's Return on Assets [ROA] came in at 17.48%, up 12.28 percentage points from FY2024.
- Annual Return on Assets [ROA] has increased for three consecutive years, with a five-year change of +35.62 percentage points (FY2020 to FY2025).
- In prior years, Carvana's Return on Assets [ROA] was 5.19% in FY2024 (+3.29 pp), 1.90% in FY2023 (+38.74 pp), -36.84% in FY2022 (-31.12 pp) and -5.71% in FY2021 (+12.43 pp).
- Quarterly Return on Assets [ROA] has run from a low of -31.60% in Q4 2022 to a high of 16.44% in Q4 2025 over five years.
- On a year-over-year basis, Return on Assets [ROA] has increased in each of the last 13 quarters, with an average year-over-year change of +5.37 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q1 2024, with a gain of 37.74 percentage points; the weakest was Q4 2022, with a drop of 26.96 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was 15.05% (Q2 2026), 14.29% (Q1 2026) and 16.44% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,803.87 Bn | 2,300.54 Bn | 107.37 Bn | 11.53% |
| 2 | Home Depot | 341.42 Bn | 334.67 Bn | 16.12 Bn | 13.10% |
| 3 | Tjx Companies | 149.33 Bn | 126.87 Bn | 5.07 Bn | 16.56% |
| 4 | Lowes Companies | 125.87 Bn | 118.84 Bn | 8.58 Bn | 11.99% |
| 5 | O Reilly Automotive | 74.24 Bn | 73.33 Bn | 2.52 Bn | 15.44% |
| 6 | Ross Stores | 73.45 Bn | 56.37 Bn | 2.12 Bn | 16.86% |
| 7 | Target | 71.89 Bn | 66.48 Bn | 8.94 Bn | 7.42% |
| 8 | Carvana | 53.03 Bn | 42.62 Bn | 1.52 Bn | 15.81% |
| 9 | Autozone | 52.99 Bn | 51.84 Bn | 3.52 Bn | 12.09% |
| 10 | JD.com | 41.49 Bn | -78.71 Bn | 8.74 Bn | 2.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.81% |
| Jun 30, 2026 | 15.05% |
| Mar 31, 2026 | 14.29% |
| Dec 31, 2025 | 16.44% |
| Sep 30, 2025 | 11.48% |
| Jun 30, 2025 | 10.83% |
| Mar 31, 2025 | 8.39% |
| Dec 31, 2024 | 5.10% |
| Sep 30, 2024 | 0.62% |
| Jun 30, 2024 | 9.02% |
| Mar 31, 2024 | 6.90% |
| Dec 31, 2023 | 2.13% |
| Sep 30, 2023 | -14.67% |
| Jun 30, 2023 | -28.37% |
| Mar 31, 2023 | -30.83% |
| Dec 31, 2022 | -31.60% |
| Sep 30, 2022 | -16.25% |
| Jun 30, 2022 | -13.21% |
| Mar 31, 2022 | -9.74% |
| Dec 31, 2021 | -4.64% |
API Access
Carvana Return on Assets [ROA] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CVNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "CVNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();