Carvana (CVNA) Return on Equity [ROE] (2017 - 2026)
Carvana (CVNA) recorded Return on Equity [ROE] of 43.64% in Q2 2026, down 7.15 percentage points from 50.80% a year earlier but up 0.02 percentage points from the prior quarter.
Carvana (CVNA) Return on Equity [ROE] (2017 - 2026) Analysis & Trends
For FY2025, Carvana reported Return on Equity [ROE] of 67.95%, down 13.59 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +160.90 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 81.53% in FY2024 and -43.26% in FY2021 (+49.70 pp).
- Quarterly Return on Equity [ROE] has ranged from -264.14% in Q3 2022 to 52.98% in Q4 2025 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] rose in two of the last four quarters, with an average year-over-year change of +3.91 percentage points.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 21.08 percentage points in Q3 2025, against a drop of 232.80 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 43.62% (Q1 2026), 52.98% (Q4 2025) and 43.53% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,654.24 Bn | 2,170.93 Bn | 104.83 Bn | 26.64% |
| 2 | Home Depot | 289.19 Bn | 282.43 Bn | 16.12 Bn | 93.32% |
| 3 | Tjx Companies | 143.39 Bn | 120.94 Bn | 5.07 Bn | 57.63% |
| 4 | Lowes Companies | 105.29 Bn | 98.25 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 75.79 Bn | 58.72 Bn | 2.12 Bn | 40.76% |
| 6 | Target | 72.00 Bn | 66.59 Bn | 8.94 Bn | 25.85% |
| 7 | O Reilly Automotive | 70.61 Bn | 69.69 Bn | 2.52 Bn | - |
| 8 | Carvana | 66.52 Bn | 58.12 Bn | 1.38 Bn | 43.64% |
| 9 | Autozone | 47.57 Bn | 46.47 Bn | 2.52 Bn | - |
| 10 | JD.com | 32.28 Bn | -77.90 Bn | 8.71 Bn | 6.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.64% |
| Mar 31, 2026 | 43.62% |
| Dec 31, 2025 | 52.98% |
| Sep 30, 2025 | 43.53% |
| Jun 30, 2025 | 50.80% |
| Mar 31, 2025 | 46.25% |
| Dec 31, 2024 | 48.65% |
| Sep 30, 2024 | 22.44% |
| Sep 30, 2022 | -264.14% |
| Jun 30, 2022 | -260.92% |
| Mar 31, 2022 | -246.45% |
| Dec 31, 2021 | -46.55% |
| Sep 30, 2021 | -35.13% |
| Jun 30, 2021 | -28.12% |
| Mar 31, 2021 | -47.36% |
| Dec 31, 2020 | -52.48% |
| Sep 30, 2020 | -44.85% |
| Jun 30, 2020 | -103.04% |
| Mar 31, 2020 | -454.68% |
| Dec 31, 2019 | -144.93% |
Carvana Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CVNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();