CARVANA CO.
CVNANYSEConsumer Discretionary · Retail-Auto Dealers & Gasoline Stations · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $20.32B | $13.67B | $10.77B | $13.60B | $12.81B | $5.59B |
| Operating income | $1.88B | $990.0M | −$80.0M | −$2.35B | — | — |
| Net income | $1.41B | $210.0M | $450.0M | −$1.59B | −$135.0M | −$171.0M |
| Total assets | $13.20B | $8.48B | $7.07B | $8.70B | $7.01B | $3.04B |
| Total liabilities | $9.00B | $7.11B | $7.46B | $9.75B | $6.49B | $2.23B |
| Equity | $3.44B | $1.26B | $243.0M | −$518.0M | $306.0M | $388.0M |
| EPS (diluted) | $8.45 | $1.59 | $0.75 | $-15.74 | $-1.63 | $-2.63 |
| Shares out. | 224.3M | 132.2M | 200.6M | 100.8M | 82.8M | 65.0M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 9.3%
- Net margin
- 6.9%
- Return on equity
- 40.9%
- Return on assets
- 10.7%
- Return on capital (ROCE)
- 16.1%
- Liabilities / assets
- 68.2%
- Debt / equity
- 2.61×
- Book value / share
- $15.34
- Revenue growth (YoY)
- 48.6%
- Net income growth (YoY)
- 570.0%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 3.86safe
- Accruals / assets
- 2.8%clean
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 6 good- Operating margin is positive
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Capital Research Global InvestorsPassive (13G)May 14, 2026
- Fmr LlcPassive (13G)May 6, 2026
- Garcia Ernest C. IiActivist (13D)May 1, 2026
- Vanguard Capital Management LlcPassive (13G)Apr 29, 2026
- Vanguard Group IncPassive (13G)Mar 26, 2026
- Price T Rowe Associates Inc /Md/Passive (13G)Feb 17, 2026
- Blackrock, Inc.Passive (13G)Jan 21, 2026
- Cvan Holdings LlcPassive (13G)Aug 15, 2025
- Greenoaks Capital Partners LlcPassive (13G)Aug 14, 2025
- Garcia Ernest C. IiiPassive (13G)Aug 1, 2025
- Cas Investment Partners, LlcPassive (13G)May 15, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Taira ThomasOfficer — President, Special Projects | May 8, 2026 | Sell | 4,447 | $79.80 |
| Keeton Ryan S.Officer — Chief Brand Officer | May 1, 2026 | Tax withholding | 577 | $382.60 |
| Jenkins Mark W.Officer — Chief Financial Officer | May 1, 2026 | Tax withholding | 1,405 | $382.60 |
| Gill Daniel J.Officer — Chief Product Officer | May 1, 2026 | Tax withholding | 1,542 | $382.60 |
| Breaux Paul W.Officer — See Remarks | May 1, 2026 | Tax withholding | 892 | $382.60 |
| Palmer Stephen ROfficer — Vice President of Accounting | May 1, 2026 | Tax withholding | 651 | $382.60 |
| Taira ThomasOfficer — President, Special Projects | May 1, 2026 | Tax withholding | 791 | $382.60 |
| Huston Benjamin E.Officer — Chief Operating Officer | May 1, 2026 | Tax withholding | 1,405 | $382.60 |
| Garcia Ernest C. IiiOfficer — Chief Executive Officer | May 1, 2026 | Tax withholding | 1,415 | $382.60 |
| Gill Daniel J.Officer — Chief Product Officer | Apr 29, 2026 | Grant | 19,879 | $0.00 |
| Taira ThomasOfficer — President, Special Projects | Apr 29, 2026 | Grant | 14,099 | $0.00 |
| Jenkins Mark W.Officer — Chief Financial Officer | Apr 29, 2026 | Grant | 22,231 | $0.00 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 73.0M | 6.7 | +426.3% |
| Apr 30, 2026 | 13.9M | 5.0 | -3.1% |
| Apr 15, 2026 | 14.3M | 5.4 | -7.6% |
| Mar 31, 2026 | 15.5M | 4.9 | +18.1% |
| Mar 13, 2026 | 13.1M | 4.9 | -1.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Amended charter or bylaws · Shareholder voteMay 6, 2026
- Results of operationsApr 29, 2026
- Results of operationsFeb 18, 2026
- Results of operationsOct 29, 2025
- Results of operationsJul 30, 2025
- Results of operationsMay 7, 2025
- Shareholder voteMay 6, 2025
- Entered a material agreementApr 29, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.