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CarGurus, Inc. CARG Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin90.2%-0.2pp90.3%-0.2pp90.5%+3.1pp87.4%+1.2pp86.2%+3.7pp
Operating margin25.4%-2.0pp27.5%-9.9pp37.3%+2.0pp35.3%+13.3pp22.1%+2.4pp
Net margin15.9%-1.3pp17.2%-0.2pp17.3%+2.1pp15.3%+10.6pp4.7%+2.1pp
Returns
Return on equity46.6%+12.6pp34%-1.3pp35.4%+6.1pp29.2%+21.3pp8%+4.4pp
Return on invested capital47.5%-0.5pp48%-14.6pp62.7%+6.5pp56.1%+26.0pp30.1%+4.8pp
Efficiency
Asset turnover1.6×+0.3×1.2×0.0×1.2×+0.1×1.1×+0.1×1.1×+0.1×
Liquidity
Current ratio1.7×-1.2×2.8×-0.1×2.9×-0.3×3.2×+0.5×2.7×-1.5×
Leverage
Debt-to-equity0.8×+0.3×0.5×0.0×0.5×+0.1×0.4×0.0×0.5×+0.1×
Net debt / EBITDA0.4×+0.4×0.0×+0.2×-0.1×-0.2×0.1×+0.7×
Per Share
Book value per share$2.49-35.5%$3.87+2.7%$3.76-13.4%$4.35+13.6%$3.83-25.0%
Valuation
Market capitalization$3.24B-11.5%$3.66B-0.9%$3.7B+12.2%$3.29B+8.3%$3.04B-19.7%
Price / earnings21.7×-1.7×23.5×-0.8×24.3×-1.1×25.4×-53.2×78.6×-102×
Price / sales3.5×-0.6×-0.2×4.2×+0.3×3.9×+0.2×3.7×-1.1×
Price / book13.7×+3.9×9.8×-0.1×9.8×+2.3×7.6×0.0×7.6×+0.6×
EV / EBITDA12.5×-0.6×13.2×+2.7×10.5×+0.4×10×-4.9×14.9×-5.3×

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Questions, answered.

What are CarGurus, Inc.'s profit margins?
CarGurus, Inc. (CARG) runs a 90.2% gross margin and a 25.4% operating margin, with a 15.9% net margin.
Where do CarGurus, Inc.'s ratios come from?
Every ratio is computed from CarGurus, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.