What is CarGurus, Inc.'s quick ratio?

CarGurus, Inc. (CARG) reported quick ratio of 1.7× in Q1 2026.

How has CarGurus, Inc.'s quick ratio changed year-over-year?

CarGurus, Inc.'s quick ratio decreased by 37.8% year-over-year, from 2.7× to 1.7×.

What is the long-term trend for CarGurus, Inc.'s quick ratio?

Over 5 years (2020 to 2025), CarGurus, Inc.'s quick ratio has grown at a -10.8% compound annual growth rate (CAGR), from 5× to 2.8×.

What does quick ratio mean?

Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.

CarGurus, Inc. CARG Quick ratio

Quick ratio at other companies

CarvanaCVNA

2.6×-0.1×

OPENLANE, IncOPLN

1.2×0.0×

DoorDashDASH

1.4×-0.3×

RedditRDDT

12.7×+0.3×

Sonic AutomotiveSAH

0.3×-0.1×

Asbury Automotive GroupABG

0.3×-0.3×

Other financials

Income statement

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Revenue$243.6M+14.8%

Gross profit$224.6M+13.5%

Operating income$40.1M-20.9%

Net income$32.2M-17.5%

EPS (diluted)$0.34-8.1%

Balance sheet

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Cash & equivalents$72.0M-58.3%

Total debt$188.0M-3.8%

Total equity$237.1M-41.0%

Total assets$519.6M-24.6%

Cash flow

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Operating cash flow$69.8M+2.9%

CapEx$391.0K-82.5%

Free cash flow$69.5M+5.8%

Valuation

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Market cap$2.75B+6.6%

Enterprise value$2.86B+9.6%

P/E18.4×-48.1×

P/S2.9×-0.2×

Profitability

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Gross margin90.2%+4.0pp

Operating margin25.4%+3.4pp

Net margin15.9%+11.2pp

FCF margin31.2%+4.1pp

Returns & leverage

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Return on equity46.6%+38.7pp

Debt / equity0.8×+0.3×

Current ratio1.7×-1.0×

Where this comes from

Calculated from CarGurus, Inc.’s reported figures.

quick assets/total current liabilities=1.7×

Based on the most recent quarter.

The official record: CarGurus, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CarGurus, Inc.'s quick ratio?: CarGurus, Inc. (CARG) reported quick ratio of 1.7× in Q1 2026.
How has CarGurus, Inc.'s quick ratio changed year-over-year?: CarGurus, Inc.'s quick ratio decreased by 37.8% year-over-year, from 2.7× to 1.7×.
What is the long-term trend for CarGurus, Inc.'s quick ratio?: Over 5 years (2020 to 2025), CarGurus, Inc.'s quick ratio has grown at a -10.8% compound annual growth rate (CAGR), from 5× to 2.8×.
What does quick ratio mean?: Current assets excluding inventory, divided by current liabilities at the quarter end (the 'acid-test'). A stricter liquidity measure that excludes the least-liquid current asset.