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Carvana CVNA Current ratio

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Other financials

Income statement

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Revenue$7.4B+52.4%
Gross profit$1.4B+30.1%
Operating income$680.0M+33.1%
Net income$310.0M+69.4%
EPS (diluted)$0.42+61.5%

Balance sheet

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Cash & equivalents$2.7B+42.1%
Total debt$5.8B-8.2%
Total equity$4.0B+133%
Total assets$14.6B+55.4%

Cash flow

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Operating cash flow$238.0M+721%
CapEx$51.0M+64.5%
Free cash flow$187.0M

Valuation

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Market cap$76.39B+55.9%
Enterprise value$79.4B+48.9%
P/E48.7×-38.3×
P/S3.1×0.0×

Profitability

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Gross margin19.4%-2.5pp
Operating margin8.9%-0.3pp
Net margin6.3%+2.8pp
FCF margin3.7%-0.1pp

Returns & leverage

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Return on equity54.5%+4.6pp
Debt / equity1.4×-2.2×

Where this comes from

Calculated from Carvana’s reported figures.

Based on the most recent quarter.

The source filing: Carvana’s 10-Q, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001690820-26-000055

FAQ

What is Carvana's current ratio?
Carvana (CVNA) reported current ratio of 3.9× in Q2 2026.
How has Carvana's current ratio changed year-over-year?
Carvana's current ratio decreased by 1.9% year-over-year, from 4× to 3.9×.
What is the long-term trend for Carvana's current ratio?
Over 5 years (2020 to 2025), Carvana's current ratio has grown at a 0.9% compound annual growth rate (CAGR), from 4.1× to 4.3×.
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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