Carvana (CVNA) Return on Capital Employed (2017 - 2026)

Carvana (CVNA) posted quarterly Return on Capital Employed of 17.64% for Q1 2026, up 59.0% year-over-year from 11.09% in Q1 2025, and down 6.16% on a QoQ basis from 18.79% in Q4 2025.

Carvana (CVNA) Return on Capital Employed (2017 - 2026) Analysis & Trends

Carvana (CVNA) has reported Return on Capital Employed for 10 consecutive years, with 17.64% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Capital Employed rose 59.0% year-over-year to 17.64%; the TTM figure through Mar 2026 stood at 17.64% (up 59.0% YoY), while the FY2025 annual figure was 20.17%, up 480.0% from the prior year.
  • Return on Capital Employed came in at 17.64% for Q1 2026 at Carvana, down from 18.79% in the prior quarter.
  • The five-year high for Return on Capital Employed was 21.3% in Q3 2025, with the low at 22.69% in Q4 2022.
  • Average Return on Capital Employed over 5 years is 1.4%, with a median of 3.23% recorded in 2024.
  • Across the five-year window, Return on Capital Employed slumped 1953 bps in 2022 and soared 2372 bps in 2024, its largest moves.
  • Year by year, Return on Capital Employed stood at 22.69% in 2022, then soared by 94 bps to 1.45% in 2023, then surged by 1135 bps to 15.03% in 2024, then increased by 25 bps to 18.79% in 2025, then decreased by 6 bps to 17.64% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 17.64%, 18.79%, and 21.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 17.64%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 11.00%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 1.39%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 8.85%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 13.72%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 12.97%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 9.32%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 9.96%
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 11.42%

Historic Data

Download Data
DateValue
Mar 31, 2026 17.64%
Dec 31, 2025 18.79%
Sep 30, 2025 21.30%
Jun 30, 2025 19.49%
Mar 31, 2025 17.04%
Dec 31, 2024 15.03%
Sep 30, 2024 11.33%
Jun 30, 2024 6.76%
Mar 31, 2024 3.23%
Dec 31, 2023 -1.45%
Sep 30, 2023 -7.96%
Jun 30, 2023 -13.61%
Mar 31, 2023 -20.49%
Dec 31, 2022 -22.69%
Sep 30, 2022 -14.11%
Jun 30, 2022 -13.20%
Mar 31, 2022 -13.32%
Dec 31, 2021 -3.15%
Sep 30, 2021 -2.65%
Jun 30, 2021 -2.86%