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CarGurus, Inc. CARG Current ratio

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Other financials

Income statement

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Revenue$251.0M+13.1%
Gross profit$231.1M+12.0%
Operating income$63.0M+4.0%
Net income$49.2M+120%
EPS (diluted)$0.54+145%

Balance sheet

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Cash & equivalents$122.1M-47.2%
Total debt$185.1M-5.2%
Total equity$264.4M-39.3%
Total assets$555.1M-23.5%

Cash flow

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Operating cash flow$94.6M+29.4%
CapEx$562.0K-64.5%
Free cash flow$94.0M+31.4%

Valuation

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Market cap$3.28B+4.3%
Enterprise value$3.34B+7.6%
P/E18.7×-5.6×
P/S3.4×-0.3×

Profitability

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Gross margin91.5%+2.4pp
Operating margin28.6%-10.9pp
Net margin18.2%+2.9pp
FCF margin32.6%+3.3pp

Returns & leverage

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Return on equity50.3%+21.0pp
Debt / equity0.7×+0.3×

Where this comes from

Calculated from CarGurus, Inc.’s reported figures.

Based on the most recent quarter.

The source filing: CarGurus, Inc.’s 10-Q, filed August 6, 2026. Open the filing →

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338067

FAQ

What is CarGurus, Inc.'s current ratio?
CarGurus, Inc. (CARG) reported current ratio of 1.8× in Q2 2026.
How has CarGurus, Inc.'s current ratio changed year-over-year?
CarGurus, Inc.'s current ratio decreased by 41.8% year-over-year, from 3.2× to 1.8×.
What is the long-term trend for CarGurus, Inc.'s current ratio?
Over 5 years (2020 to 2025), CarGurus, Inc.'s current ratio has grown at a -10.8% compound annual growth rate (CAGR), from 5× to 2.8×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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