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.

CarGurus, Inc. CARG Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	90.2%-0.2pp	90.3%-0.2pp	90.5%+3.1pp	87.4%+1.2pp	86.2%+3.7pp
Operating margin	25.4%-2.0pp	27.5%-9.9pp	37.3%+2.0pp	35.3%+13.3pp	22.1%+2.4pp
Net margin	15.9%-1.3pp	17.2%-0.2pp	17.3%—	——	——
EBITDA margin	28.5%-2.1pp	30.6%-9.9pp	40.5%+2.2pp	38.3%+13.3pp	25%+2.2pp
Free cash flow margin	31.2%-0.7pp	31.9%+0.8pp	31.1%—	——	——
Returns
Return on equity	46.6%+12.6pp	34%-1.3pp	35.4%—	——	——
Return on assets	24.7%+3.7pp	21%-0.2pp	21.1%—	——	——
Return on invested capital	47.5%-0.5pp	48%-14.6pp	62.7%+6.5pp	56.1%+26.0pp	30.1%+4.8pp
Efficiency
Asset turnover	1.6×+0.3×	1.2×0.0×	1.2×+0.1×	1.1×+0.1×	1.1×+0.1×
Liquidity
Current ratio	1.7×-1.2×	2.8×-0.1×	2.9×-0.3×	3.2×+0.5×	2.7×-1.5×
Quick ratio	1.7×-1.2×	2.8×-0.1×	2.9×-0.3×	3.2×+0.5×	2.7×-1.5×
Cash ratio	0.7×-1.2×	1.9×0.0×	1.9×-0.5×	2.4×+0.5×	1.8×-1.4×
Leverage
Debt-to-equity	0.8×+0.3×	0.5×0.0×	0.5×+0.1×	0.4×0.0×	0.5×+0.1×
Debt-to-assets	0.4×+0.1×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	0.4×+0.4×	0×0.0×	0×—	——	——
Interest coverage	284.6×-138×	422.6×-80.0×	502.6×+118×	385×+111×	273.8×+70.2×
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%
Enterprise value	$3.36B-8.3%	$3.66B-1.3%	$3.71B+13.9%	$3.26B+6.3%	$3.06B-16.7%
Price / earnings	21.7×-1.7×	23.5×-0.8×	24.3×—	——	——
Price / sales	3.5×-0.6×	4×-0.2×	4.2×+0.3×	3.9×+0.2×	3.7×-1.1×
Price / book	13.7×+3.9×	9.8×-0.1×	9.8×+2.3×	7.6×0.0×	7.6×+0.6×
EV / EBITDA	12.5×-0.6×	13.2×+2.7×	10.5×—	——	——
EV / sales	3.6×-0.5×	4×-0.2×	4.2×+0.4×	3.8×+0.1×	3.7×-0.9×
Free cash flow yield	9%+1.1pp	7.9%+0.5pp	7.4%—	——	——
Earnings yield	4.6%+0.3pp	4.3%+0.1pp	4.1%—	——	——

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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.