Carvana Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Public

  • Employees
  • 13,700

Employees

  • Stock Symbol
  • CVNA

Stock Symbol

  • Investments
  • 5

  • Share Price
  • $247.77
  • (As of Thursday Closing)

Carvana General Information

Description

Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.

Contact Information

Website
www.carvana.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 300 East Rio Salado Parkway
  • Building 1
  • Tempe, AZ 85281
  • United States
+1 (800)
Primary Industry
Automotive
Other Industries
Internet Retail
Stock Exchange
NYS
Vertical(s)
Mobility Tech, Industrials, E-Commerce, TMT, InsurTech
Corporate Office
  • 300 East Rio Salado Parkway
  • Building 1
  • Tempe, AZ 85281
  • United States
+1 (800)

Carvana Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Carvana Stock Performance

As of 12-Dec-2024, Carvana’s stock price is $247.77. Its current market cap is $31.8B with 129M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$247.77 $250.95 $40.21 - $268.34 $31.8B 129M 2.97M -$0.03

Carvana Financials Summary

As of 30-Sep-2024, Carvana has a trailing 12-month revenue of $12.6B.

In Thousands,
USD 		TTM 30-Sep-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 26,753,012 11,338,767 8,359,192 23,783,272
Revenue 12,550,000 10,771,000 13,604,000 12,814,000
EBITDA 1,023,000 1,159,000 (2,146,000) (5,000)
Net Income 17,000 450,000 (1,587,000) (135,000)
Total Assets 7,368,000 7,071,000 8,698,000 7,015,000
Total Debt 6,145,000 6,706,000 8,816,000 5,774,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Carvana Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Carvana Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sal
Automotive
Tempe, AZ
13,700 As of 2023

Richmond, VA
 

Fort Lauderdale, FL
 
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Carvana Competitors (3)

One of Carvana’s 3 competitors is CarMax Enterprise Services, a Corporation company based in Richmond, VA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
CarMax Enterprise Services Corporation Richmond, VA
AutoNation Corporation Fort Lauderdale, FL
CarGurus Formerly VC-backed Cambridge, MA
You’re viewing 3 of 3 competitors. Get the full list »

Carvana Patents

  • 98

    Total Documents Applications and Grants

  • Total Patents Families

  • 78

    Granted

  • 20

    Pending

  • Expiring in next 12 mo

Carvana Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240212415-A1 Vehicle vending machine with fire protection system Pending 22-Dec-2022
CA-3221490-A1 Systems and methods for rotating an augmented reality display Pending 29-Nov-2022
US-20230133815-A1 Systems and methods for displaying search results Active 29-Oct-2021
US-20240386059-A1 Systems and methods for displaying search results Pending 29-Oct-2021
US-12067057-B2 Systems and methods for displaying search results Active 29-Oct-2021 G06F16/90335
To view Carvana’s complete patent history, request access »

Carvana Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Carvana Investments & Acquisitions (5)

Carvana’s most recent deal was a Merger/Acquisition with ADESA (Automotive) for . The deal was made on 09-May-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ADESA (Automotive) 09-May-2022 Merger/Acquisition Automotive
Root Insurance 11-Aug-2021 PIPE Automotive Insurance
Independence Plus (720 Enterprise Drive in Oak Brook) 02-Aug-2018 Corporate Asset Purchase Buildings and Property
Car360 12-Apr-2018 Merger/Acquisition Automotive
Carlypso 08-Aug-2017 Merger/Acquisition Media and Information Services (B2B)
To view Carvana’s complete investments and acquisitions history, request access »

Carvana Subsidiaries (1)

Company Name Industry Location Founded
ADESA (Automotive) Automotive Indianapolis, IN
To view Carvana’s complete subsidiaries history, request access »

Carvana ESG

Risk Overview

Risk Rating

Updated February, 07, 2024

16.15 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,100

Rank

Percentile

Retailing

Industry

of 471

Rank

Percentile

Automotive Retail

Subindustry

of 48

Rank

Percentile

To view Carvana’s complete esg history, request access »

Carvana FAQs

  • When was Carvana founded?

    Carvana was founded in 2012.

  • Where is Carvana headquartered?

    Carvana is headquartered in Tempe, AZ.

  • What is the size of Carvana?

    Carvana has 13,700 total employees.

  • What industry is Carvana in?

    Carvana’s primary industry is Automotive.

  • Is Carvana a private or public company?

    Carvana is a Public company.

  • What is Carvana’s stock symbol?

    The ticker symbol for Carvana is CVNA.

  • What is the current stock price of Carvana?

    As of 12-Dec-2024 the stock price of Carvana is $247.77.

  • What is the current market cap of Carvana?

    The current market capitalization of Carvana is $31.8B.

  • What is Carvana’s current revenue?

    The trailing twelve month revenue for Carvana is $12.6B.

  • Who are Carvana’s competitors?

    CarMax Enterprise Services, AutoNation, and CarGurus are competitors of Carvana.

  • What is Carvana’s annual earnings per share (EPS)?

    Carvana’s EPS for 12 months was -$0.03.

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