Ticker League

TTM

7.1%

YoY change

+5.39pp

Trough year (2014)

-36.6%

Peak year (2025)

6.9%

Net Profit Margin history chart for Carvana (CVNA) from 2014 to 2025

Latest: 6.9%

Net Profit Margin change chart for Carvana (CVNA) from 2014 to 2025

Latest: +5.39pp

Net Profit Margin history table for Carvana (CVNA) from 2014 to 2025

  • 20256.9%+5.39pp
  • 20241.5%-2.64pp
  • 20234.2%+15.84pp
  • 2022-11.7%-10.61pp
  • 2021-1.1%+2.01pp
  • 2020-3.1%-0.15pp
  • 2019-2.9%-0.07pp
  • 2018-2.8%-0.70pp
  • 2017-2.1%+0.65pp
  • 2016-2.8%+25.43pp
  • 2015-28.2%+8.35pp
  • 2014-36.6%

Net Profit Margin values are taken from Carvana's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Net Profit Margin at Carvana (CVNA)

According to Carvana's latest reported financial statements, the company's latest reported net margin is 7.1%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

Carvana (CVNA) most recent annual net margin stands at 6.92% (2025) – expanded 5.4 percentage points year-over-year.

6.92% stands as the all-time-high annual net margin, posted in 2025, against a low of -36.56% during 2014.

Carvana Net Profit Margin by Year

Carvana Net Profit Margin 2025: 6.9%

In 2025, Carvana reported net margin of 6.92%, expanded 5.4 percentage points from 2024. This figure represents the highest annual value in the available history.

Carvana Net Profit Margin 2024: 1.5%

Carvana net margin in 2024 was 1.54%, contracted 2.6 percentage points from 2023.

Carvana Net Profit Margin 2023: 4.2%

2023's net margin for Carvana came in at 4.18%, expanded 15.8 percentage points from 2022.

Carvana Net Profit Margin 2022: -11.7%

Carvana posted net margin of -11.67% in 2022, contracted 10.6 percentage points from 2021.

Carvana Net Profit Margin 2021: -1.1%

Carvana net margin in 2021 was -1.05%.

See more financial history for Carvana (CVNA).

Sector peers by Net Profit Margin

Consumer Cyclical peers of Carvana (CVNA), ranked by their latest net margin

Frequently asked questions