Capital Expenditures for Carvana (CVNA)
According to Carvana's latest reported financial statements, the company's current capital expenditures (TTM) is $147.00M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CVNA
Currently viewingCapital ExpendituresSwitch metric
Latest period
$147.00M
YoY change
+61.5%
5Y CAGR
-16.4%
Peak year (2021)
$557.00M
Cumulative capital expenditures
$2.26B
CapEx history chart for Carvana (CVNA) from 2014 to 2025
CapEx history table for Carvana (CVNA) from 2014 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $147.00M | +61.5% | ||
| 2024 | $91.00M | +4.6% | ||
| 2023 | $87.00M | -83.0% | ||
| 2022 | $512.00M | -8.1% | ||
| 2021 | $557.00M | +54.7% | ||
| 2020 | $360.00M | +56.2% | ||
| 2019 | $230.54M | +60.5% | ||
| 2018 | $143.67M | +83.0% | ||
| 2017 | $78.49M | +98.5% | ||
| 2016 | $39.54M | +183.4% | ||
| 2015 | $13.95M | +270.2% | ||
| 2014 | $3.77M | — |
CapEx values are taken from Carvana's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Carvana (CVNA) reported capital expenditures of $147.00M – surged 61.5% year-over-year.
Carvana capital expenditures has grown for 2 consecutive years, with a -16.4% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Carvana capital expenditures plunged 73.6%, falling from $557.00M to $147.00M.
The dataset's maximum capital expenditures sits at $557.00M (2021); the minimum reading of $3.77M dates to 2014.
Among 8 Consumer Cyclical peers, Carvana (CVNA) ranks 8th; the peer median for capital expenditures is $3.52B.
Carvana Capital Expenditures by Year
Carvana Capital Expenditures 2025: $147.00M
Carvana capital expenditures in 2025 was $147.00M, surged 61.5% from 2024.
Carvana Capital Expenditures 2024: $91.00M
Carvana capital expenditures in 2024 was $91.00M, edged up 4.6% from 2023.
Carvana Capital Expenditures 2023: $87.00M
Carvana capital expenditures in 2023 was $87.00M, plunged 83.0% below 2022.
Carvana Capital Expenditures 2022: $512.00M
Carvana capital expenditures in 2022 was $512.00M, declined 8.1% below 2021.
Carvana Capital Expenditures 2021: $557.00M
Carvana capital expenditures in 2021 was $557.00M.
See more financial history for Carvana (CVNA).
Sector peers — CapEx
Companies in the same sector as Carvana, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | $131.82B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Carvana's capital expenditures?
- Latest reported capital expenditures for Carvana (CVNA) is $147.00M (period ending December 31, 2025).
How has Carvana capital expenditures changed year-over-year?
- Carvana (CVNA) capital expenditures changed +61.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Carvana capital expenditures?
- Carvana (CVNA) capital expenditures compound annual growth rate is -16.4% over the most recent 5 years available.
When did Carvana capital expenditures hit its highest annual value?
- Carvana capital expenditures reached its highest annual value of $557.00M in 2021.
What was Carvana capital expenditures in 2024?
- Carvana (CVNA) capital expenditures in 2024 was $91.00M.
What was Carvana capital expenditures in 2025?
- Carvana (CVNA) capital expenditures in 2025 was $147.00M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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