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)
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
8-K
Results of Operations and Financial Condition
2 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
UPLOAD
Letter from SEC
20 Sep 23
Transcripts
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
CVNA
Earnings call transcript
2021 Q3
5 Nov 21
CVNA
Earnings call transcript
2021 Q2
6 Aug 21
Latest ownership filings
4
ERNEST C. GARCIA II
15 Apr 24
144
Notice of proposed sale of securities
11 Apr 24
4
Thomas Taira
3 Apr 24
4
ERNEST C. GARCIA III
3 Apr 24
4
RYAN S. KEETON
3 Apr 24
4
Stephen R Palmer
3 Apr 24
4
BENJAMIN E. HUSTON
3 Apr 24
4
DANIEL J. GILL
3 Apr 24
4
MARK W. JENKINS
3 Apr 24
4
PAUL W. BREAUX
3 Apr 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) | 138.69 mm | n/a | n/a | 306.37 mm | n/a | n/a |
Cash remaining | 477.31 mm | n/a | n/a | 309.63 mm | n/a | n/a |
Runway (months of cash) | 23.5 | n/a | n/a | 6.9 | n/a | n/a |
Institutional ownership, Q3 2023
70.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 276 |
Opened positions | 60 |
Closed positions | 46 |
Increased positions | 68 |
Reduced positions | 89 |
13F shares | Current |
---|---|
Total value | 4.63 tn |
Total shares | 132.34 mm |
Total puts | 13.95 mm |
Total calls | 11.09 mm |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
MS Morgan Stanley | 14.76 mm | $619.48 bn |
Spruce House Investment Management | 10.00 mm | $419.80 bn |
Vanguard | 9.37 mm | $393.27 bn |
CVAN | 9.22 mm | $0.00 |
Garcia Ernest C Ii | 8.00 mm | $313.68 mm |
BLK Blackrock | 6.97 mm | $292.71 bn |
CAS Investment Partners | 6.83 mm | $286.63 bn |
Greenoaks Capital Partners | 6.04 mm | $253.56 bn |
T. Rowe Price | 5.18 mm | $218.12 bn |
FMR | 4.70 mm | $197.16 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Garcia Ernest C Ii | Class A Common Stock | Sell | Dispose S | No | Yes | 80.1299 | 50,000 | 4.01 mm | 3,312,500 |
2 Apr 24 | Benjamin E. Huston | Class A Common Stock | Sell | Dispose S | No | No | 82.75 | 146 | 12.08 k | 178,885 |
2 Apr 24 | Benjamin E. Huston | Class A Common Stock | Sell | Dispose S | No | No | 83.48 | 500 | 41.74 k | 179,031 |
2 Apr 24 | Benjamin E. Huston | Class A Common Stock | Sell | Dispose S | No | No | 82.89 | 8,650 | 717.00 k | 179,531 |
2 Apr 24 | Daniel J. Gill | Class A Common Stock | Sell | Dispose S | No | No | 82.73 | 175 | 14.48 k | 392,038 |
2 Apr 24 | Daniel J. Gill | Class A Common Stock | Sell | Dispose S | No | No | 82.85 | 10,160 | 841.76 k | 392,213 |
2 Apr 24 | Paul W. Breaux | Class A Common Stock | Sell | Dispose S | No | No | 82.74 | 74 | 6.12 k | 109,793 |
2 Apr 24 | Paul W. Breaux | Class A Common Stock | Sell | Dispose S | No | No | 83.43 | 100 | 8.34 k | 109,867 |
2 Apr 24 | Paul W. Breaux | Class A Common Stock | Sell | Dispose S | No | No | 82.85 | 5,065 | 419.64 k | 109,967 |
2 Apr 24 | Thomas Taira | Class A Common Stock | Sell | Dispose S | No | No | 82.9 | 65 | 5.39 k | 164,827 |
News
Baird Maintains Neutral on Carvana, Raises Price Target to $65
19 Apr 24
In-Depth Examination Of 12 Analyst Recommendations For Carvana
18 Apr 24
JMP Securities Reiterates Market Outperform on Carvana, Maintains $80 Price Target
17 Apr 24
Evercore ISI Group Maintains In-Line on Carvana, Lowers Price Target to $77
16 Apr 24
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
15 Apr 24
Press releases
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
Thinking about trading options or stock in Uber, Palantir, PDD, EQT, or Carvana?
22 Feb 24
Install Solar Panels For 50% Less – Here's How Monalee Is Democratizing Access To Renewable Energy
21 Feb 24
Carvana Brings Same Day Vehicle Delivery to Philadelphia
14 Feb 24