← BackCARVANA CO. · Auto Dealers & Gasoline StationsCVNA
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The short versionA profitable company with growing sales.
Going well
- Sales up 52% in the latest quarter vs a year ago
- Profitable
- Sales up 49% last year
Money moves
- Insiders sold $4.6M in the last 30 days, all through pre-planned sales
- Held by Philippe Laffont (Coatue), Stanley Druckenmiller (Duquesne)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$56.59-2.1% that day
- Company value
- $41.9B
- Share price times all shares
- Price vs profit (P/E)
- 29.8x
- You pay about $30 for each $1 of yearly profit
- Price vs sales
- 1.7x
- Company value is 1.7 times a year of sales
- Cash vs value
- 6%
- Cash as a share of company value
- Debt vs value
- 12%
- Debt as a share of company value
From CVNA's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$7.4B+52% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $25.1B, up 54% from the 12 months before. Over 5 years, sales grew about 30% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.59.9%
- MissDebt under half of equityNot relying on borrowed money.1.43x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.6.9%
- MissProfitable every yearSteady profits, not one good year.3 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$889.0M
- MissShare count not growingNot diluting owners. Falling means buybacks.+11.2% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.20.6%
- Revenue
- $20.3B
- +48.6% vs prior year
- 5-year growth
- +29.5%/yr
- revenue, per year
- Total debt
- $4.9B
- 1.43x equity
- Current ratio
- 4.31x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $7.4B
- +52.4% YoY
- Op. margin
- 9.2%
- -1.4 pts
- Gross margin
- 18.8%
- -3.2 pts
- Free cash flow
- $187.0M
- Share count
- +3.3%
- vs a year ago
Insider rating
Last 90 days
43Mixed
- Pre-planned sales of $4.6M (weaker signal)
50 is neutral. Buying by more insiders, top executives and bigger stakes raises it. Selling lowers it; pre-planned sales count less.
Weekly insider trend13 weeks agoBoughtSoldThis week
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 3.5
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■SteadyThe share count changed with a stock split this quarter, so the change in holdings isn't comparable until next quarter.
Shares held by institutions740.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+1.5%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
1.3x · $5.2B debtShares outstandingLatest reported
740MNext reportIn 1 days (est.)Estimated from the same quarter last year
- Results filedJul 29
- Results filedApr 29
- Results filedFeb 18
- Results filedOct 29, 2025
- Results filedJul 30, 2025
Insider trades
Open-market buys and sells, last 90 days Bought$00 insiders
Sold$4.6M3 insiders, 3 pre-planned
| Insider | Trade | Shares | Avg price | Value | Owns after | Date |
|---|
Thomas TairaPresident, Special Projects | Sell | 6K | $65.00 | $364K | 357K | |
- -1.5% of their holdings
- Pre-planned sale (10b5-1)
- Filed 1 day after
|
Stephen R PalmerVice President of Accounting | Sell | 5K | $61.64 | $308K | 121K | |
- -4% of their holdings
- $59.48 to $62.82 across 4 trades
- Pre-planned sale (10b5-1)
- Filed 4 days after
|
Mark W. JenkinsChief Financial Officer | Sell | 64K | $61.64 | $3.9M | 1M | |
- -5.3% of their holdings
- $59.44 to $63.04 across 5 trades
- Pre-planned sale (10b5-1)
- Filed 4 days after
|
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.
Latest filings
Straight from SEC EDGAR
SoldThomas TairaPresident, Special Projects
5,597 shares at $65.00 · $364K
- -2% of holdings
- Now owns 357,442 shares
- Pre-planned sale (10b5-1)
- Filed 1 day after trade
BoughtMichael E MarooneDirector
25,000 shares at $61.80 avg ($61.69 to $62.40) · $1.5M
- +3% of holdings
- Now owns 749,045 shares
- 2 transactions
- Filed 66 days after trade
Shares withheld for taxesThomas TairaPresident, Special Projects
3,948 shares at $63.04 · $249K
- -1% of holdings
- Now owns 363,039 shares
- Filed 4 days after trade
Shares withheld for taxesDaniel J. GillChief Product Officer
7,707 shares at $63.04 · $486K
- -1% of holdings
- Now owns 1,034,892 shares
- Filed 4 days after trade
SoldMark W. JenkinsChief Financial Officer
63,750 shares at $61.64 avg ($59.44 to $63.04) · $3.9M
- -5% of holdings
- Now owns 1,142,502 shares
- Pre-planned sale (10b5-1)
- 5 transactions
- Filed 4 days after trade
- Also: Option exercise, Shares withheld for taxes
Shares withheld for taxesPaul W. BreauxSee Remarks
4,453 shares at $63.04 · $281K
- -1% of holdings
- Now owns 422,030 shares
- Filed 4 days after trade