simply put, carvana is a better way to buy a car. you can browse, finance, and purchase a car online and have it delivered to you as soon as the next day. cutting out the dealerships translates to thousands of dollars in lower costs on every vehicle we sell. we pass these savings on to consumers in four ways: lower prices (our customers save $1,681 on average vs. kelley blue book), premium cars, a better experience, and no hidden fees. want to work at carvana? view our openings at: http://www.carvana.com/careers
Company profile
Ticker
CVNA
Exchange
Website
CEO
Ernest Garcia
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Carvana Co. Sub LLC • Carvana Group, LLC • Carvana Operations HC LLC • Carvana, LLC • Adesa US Auction, LLC • SPVANA V, LLC ...
IRS number
814549921
CVNA stock data
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
7 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Results of Operations and Financial Condition
1 May 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
S-8
Registration of securities for employees
23 Feb 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Results of Operations and Financial Condition
22 Feb 24
8-K
Entry into a Material Definitive Agreement
16 Jan 24
Transcripts
CVNA
Earnings call transcript
2024 Q1
1 May 24
CVNA
Earnings call transcript
2023 Q4
22 Feb 24
CVNA
Earnings call transcript
2023 Q3
2 Nov 23
CVNA
Earnings call transcript
2023 Q2
19 Jul 23
CVNA
Earnings call transcript
2023 Q1
4 May 23
CVNA
Earnings call transcript
2022 Q4
23 Feb 23
CVNA
Earnings call transcript
2022 Q3
4 Nov 22
CVNA
Earnings call transcript
2022 Q2
5 Aug 22
CVNA
Earnings call transcript
2022 Q1
20 Apr 22
CVNA
Earnings call transcript
2021 Q4
25 Feb 22
Latest ownership filings
4
ERNEST C. GARCIA II
10 May 24
4
MICHAEL E MAROONE
10 May 24
144
Notice of proposed sale of securities
9 May 24
4
ERNEST C. GARCIA II
8 May 24
4
GREGORY B SULLIVAN
8 May 24
4
DANIEL J. GILL
8 May 24
4
RYAN S. KEETON
8 May 24
4
J DANFORTH QUAYLE
8 May 24
144
Notice of proposed sale of securities
8 May 24
144
Notice of proposed sale of securities
8 May 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 616.00 mm | 616.00 mm | 616.00 mm | 616.00 mm | 616.00 mm | 616.00 mm |
Cash burn (monthly) | 20.33 mm | (no burn) | (no burn) | 44.92 mm | (no burn) | (no burn) |
Cash used (since last report) | 149.86 mm | n/a | n/a | 331.04 mm | n/a | n/a |
Cash remaining | 466.14 mm | n/a | n/a | 284.96 mm | n/a | n/a |
Runway (months of cash) | 22.9 | n/a | n/a | 6.3 | n/a | n/a |
Institutional ownership, Q4 2023
56.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 213 |
Opened positions | 47 |
Closed positions | 110 |
Increased positions | 63 |
Reduced positions | 56 |
13F shares | Current |
---|---|
Total value | 4.01 tn |
Total shares | 107.12 mm |
Total puts | 6.04 mm |
Total calls | 6.01 mm |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 16.95 mm | $897.32 bn |
Vanguard | 10.02 mm | $530.65 bn |
Spruce House Investment Management | 9.49 mm | $502.40 bn |
CVAN | 9.14 mm | $0.00 |
Garcia Ernest C Ii | 8.00 mm | $239.36 mm |
CAS Investment Partners | 6.83 mm | $361.46 bn |
Greenoaks Capital Partners | 6.04 mm | $319.76 bn |
T. Rowe Price | 5.35 mm | $283.05 mm |
Exor Investments | 4.63 mm | $244.86 bn |
DDFS Partnership | 3.93 mm | $278.12 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
9 May 24 | Maroone Michael E | Class A Common Stock | Sell | Dispose S | No | No | 117.33 | 24,516 | 2.88 mm | 175,891 |
9 May 24 | Garcia Ernest C Ii | Class A Comon Stock | Sell | Dispose S | No | Yes | 120.3258 | 1,770 | 212.98 k | 2,737,500 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 119.6313 | 4,000 | 478.53 k | 2,739,270 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 118.6742 | 3,746 | 444.55 k | 2,743,270 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 117.5024 | 20,321 | 2.39 mm | 2,747,016 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 116.8126 | 13,929 | 1.63 mm | 2,767,337 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 115.3343 | 2,151 | 248.08 k | 2,781,266 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 114.4352 | 5,000 | 572.18 k | 2,783,417 |
9 May 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 113.3553 | 9,083 | 1.03 mm | 2,788,417 |
8 May 24 | Ryan S. Keeton | Class A Common Stock | Sell | Dispose S | No | No | 114.015 | 14,686 | 1.67 mm | 172,570 |
News
What's Going On With Carvana Stock on Thursday?
9 May 24
A Closer Look at Carvana's Options Market Dynamics
8 May 24
Carvana EV Trends Report Shows Growth Potential Of Used EV Market
8 May 24
10 Consumer Discretionary Stocks Whale Activity In Today's Session
7 May 24
Hindenburg Reporter Nate Anderson Posts On X "We've Had A Flood Of 15+ Inbounds In The Past Week Asking Us To Look At Potential Accounting Fraud At $CVNA. More Than I've Ever Seen In So Short A Span Of Time, Many That Describe Granular Red Flags...." "We Wouldn't Be Surprised If The Company Has To Sell Stock To Survive In The Near Future..."
7 May 24
Press releases
Carvana Marks Second Anniversary of ADESA Acquisition with New Integration and Performance Milestones
9 May 24
Carvana Confirms Federal Legality of e-Signatures on Odometer Disclosure Documents with NHTSA Letter of Interpretation
8 May 24
Carvana Announces Record First Quarter 2024 Results
1 May 24
Carvana and NRG Unveil Exclusive Giveaway: Your Chance to Win the Ultimate Dream Ride, Personally Delivered by Rocket League Icon Musty
10 Apr 24
Carvana to Report First Quarter 2024 Results and Host Quarterly Conference Call on May 1
3 Apr 24