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CarGurus (CARG) Financials

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$31.71 +0.56 (+1.80%)
Closing price 05/27/2025 04:00 PM Eastern
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$31.38 -0.33 (-1.05%)
As of 04:11 AM Eastern
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Annual Income Statements for CarGurus

Annual Income Statements for CarGurus

This table shows CarGurus' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
21 31 194 -0.15 78 42 65 7.10 -26 -18
Consolidated Net Income / (Loss)
21 22 79 110 78 42 65 13 6.50 -1.64
Net Income / (Loss) Continuing Operations
21 22 79 110 78 42 65 13 6.50 -1.64
Total Pre-Tax Income
25 52 111 149 99 39 25 16 8.95 -2.54
Total Operating Income
13 33 108 148 98 34 23 15 8.57 -2.53
Total Gross Profit
739 651 658 657 509 553 429 299 189 94
Total Revenue
894 914 1,655 951 551 589 454 317 198 99
Operating Revenue
894 914 1,655 951 551 589 454 317 198 99
Total Cost of Revenue
155 263 997 294 43 36 25 18 9.58 4.23
Operating Cost of Revenue
155 263 997 294 43 36 25 18 9.58 4.23
Total Operating Expenses
726 619 549 509 411 518 406 284 180 97
Selling, General & Admin Expense
112 153 73 98 62 50 39 23 13 5.80
Marketing Expense
322 304 337 291 257 394 316 236 154 82
Research & Development Expense
144 146 124 106 86 69 48 22 11 8.24
Depreciation Expense
12 16 15 14 6.12 4.55 2.80 2.66 1.63 0.97
Impairment Charge
135 0.00 0.00 - - - - - - -
Total Other Income / (Expense), net
11 19 2.88 1.09 1.35 4.38 2.29 0.56 0.37 -0.01
Interest & Investment Income
12 18 3.85 0.12 1.08 2.98 2.28 0.87 0.42 -
Other Income / (Expense), net
-0.94 0.63 -0.96 0.97 0.28 1.40 0.01 -0.31 -0.04 -0.01
Income Tax Expense
3.69 30 32 39 22 -3.44 -40 2.64 2.45 -0.90
Preferred Stock Dividends Declared
0.00 5.84 -109 109 0.00 0.00 - - 32 16
Net Income / (Loss) Attributable to Noncontrolling Interest
0.00 -15 -5.43 1.13 0.00 0.00 - 6.10 0.00 0.00
Basic Earnings per Share
$0.20 $0.27 $1.64 $0.00 $0.69 $0.38 $0.60 $0.13 ($0.58) ($0.41)
Weighted Average Basic Shares Outstanding
104.54M 113.24M 118.47M 117.14M 112.85M 111.45M 108.83M 54.60M 44.14M -
Diluted Earnings per Share
$0.20 $0.19 $0.62 $0.00 $0.68 $0.37 $0.57 $0.12 ($0.58) ($0.41)
Weighted Average Diluted Shares Outstanding
106.26M 114.19M 128.15M 117.14M 113.85M 113.43M 113.36M 54.60M 44.14M -
Weighted Average Basic & Diluted Shares Outstanding
104.42M 107.44M 114.87M 118.07M 116.80M 112.30M 931M 54.60M 44.14M -

Quarterly Income Statements for CarGurus

This table shows CarGurus' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
39 46 23 -69 21 -24 22 16 16 159 107
Consolidated Net Income / (Loss)
39 46 23 -69 21 -23 19 14 12 23 19
Net Income / (Loss) Continuing Operations
39 46 23 -69 21 -23 19 14 12 23 19
Total Pre-Tax Income
49 55 30 -90 30 -16 27 22 18 33 29
Total Operating Income
46 53 27 -94 26 -22 23 18 14 30 29
Total Gross Profit
200 199 183 182 175 168 164 164 155 137 151
Total Revenue
225 229 231 219 216 223 219 240 232 287 426
Operating Revenue
225 229 231 219 216 223 219 240 232 287 426
Total Cost of Revenue
25 30 49 36 41 55 55 76 77 150 276
Operating Cost of Revenue
25 30 49 36 41 55 55 76 77 150 276
Total Operating Expenses
154 146 155 276 149 190 141 146 141 107 122
Selling, General & Admin Expense
27 28 28 27 28 76 25 27 25 1.72 4.76
Marketing Expense
87 76 81 82 82 74 77 78 76 70 83
Research & Development Expense
36 36 36 37 36 37 35 37 37 32 30
Depreciation Expense
4.21 4.93 2.33 2.23 2.79 4.07 4.04 3.91 3.82 3.94 3.84
Total Other Income / (Expense), net
2.80 2.06 2.62 3.16 3.40 5.88 4.17 4.68 4.34 2.96 0.20
Interest & Investment Income
3.10 3.13 2.72 2.44 3.91 5.09 5.26 4.33 3.74 2.34 1.16
Other Income / (Expense), net
-0.30 -1.07 -0.09 0.72 -0.51 0.78 -1.09 0.35 0.60 0.62 -0.96
Income Tax Expense
9.51 9.46 7.55 -22 8.38 6.21 8.29 8.60 6.53 9.35 10
Basic Earnings per Share
$0.38 $0.44 $0.22 ($0.66) $0.20 ($0.21) $0.20 $0.14 $0.14 $1.36 $0.90
Weighted Average Basic Shares Outstanding
103.09M 104.54M 103.32M 103.83M 107.17M 113.24M 113.22M 113.44M 115.36M 118.47M 118.68M
Diluted Earnings per Share
$0.37 $0.45 $0.21 ($0.66) $0.20 ($0.20) $0.17 $0.12 $0.10 $1.10 $0.14
Weighted Average Diluted Shares Outstanding
105.07M 106.26M 105.06M 103.83M 108.63M 114.19M 114.32M 114.49M 115.92M 128.15M 132.24M
Weighted Average Basic & Diluted Shares Outstanding
98.85M 104.42M 103.71M 103.37M 104.19M 107.44M 112.27M 113.50M 113.32M 114.87M 118.94M

Annual Cash Flow Statements for CarGurus

This table details how cash moves in and out of CarGurus' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
12 -190 236 47 130 33 -52 58 -31 55
Net Cash From Operating Activities
255 125 256 98 157 70 52 26 20 13
Net Cash From Continuing Operating Activities
255 125 256 98 157 70 52 26 20 13
Net Income / (Loss) Continuing Operations
21 22 79 110 78 42 65 13 6.50 -1.64
Consolidated Net Income / (Loss)
21 22 79 110 78 42 65 13 6.50 -1.64
Depreciation Expense
25 48 45 40 10 7.82 5.03 3.80 2.07 1.12
Amortization Expense
14 12 11 13 12 8.42 7.98 0.23 1.93 4.65
Non-Cash Adjustments To Reconcile Net Income
251 79 56 59 48 33 22 6.27 0.01 0.65
Changes in Operating Assets and Liabilities, net
-56 -37 64 -124 9.74 -21 -49 2.20 9.50 8.13
Net Cash From Investing Activities
-73 -62 73 -68 -17 -22 -80 -13 -52 -7.62
Net Cash From Continuing Investing Activities
-73 -62 73 -68 -17 -22 -80 -13 -52 -7.62
Purchase of Property, Plant & Equipment
-94 -41 -17 -14 -7.53 -14 -7.48 -7.37 -7.22 -7.62
Acquisitions
0.00 0.00 0.00 -64 -21 -19 0.00 0.00 - -
Purchase of Investments
-0.49 -98 0.00 -120 - - - - - -
Sale of Property, Plant & Equipment
0.00 0.46 0.00 - - - - - - -
Sale and/or Maturity of Investments
21 77 90 130 112 189 140 45 15 0.00
Other Investing Activities, net
0.26 -0.26 0.00 0.00 -100 -178 -213 -50 -60 0.00
Net Cash From Financing Activities
-169 -254 -93 18 -10 -15 -23 45 0.69 50
Net Cash From Continuing Financing Activities
-167 -254 -93 18 -10 -15 -23 45 0.69 50
Repayment of Debt
0.00 0.00 -2.58 -14 0.00 0.00 - - - -
Repurchase of Preferred Equity
0.00 0.00 0.00 0.00 - - - - - -
Repurchase of Common Equity
-146 -209 -14 0.00 0.00 - - - -60 -18
Payment of Dividends
0.00 -0.04 -20 0.00 0.00 - - - - -
Other Financing Activities, net
-21 -45 -56 32 -10 -15 -23 -2.91 0.96 0.09
Effect of Exchange Rate Changes
-1.60 0.48 -0.36 -0.60 0.44 -0.00 -0.04 0.16 -0.05 0.00
Cash Interest Paid
0.77 0.57 0.06 0.00 0.00 - - - 0.03 0.02
Cash Income Taxes Paid
41 75 61 28 2.83 0.30 2.31 4.39 2.05 0.32

Quarterly Cash Flow Statements for CarGurus

This table details how cash moves in and out of CarGurus' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-131 55 32 -31 -45 -73 -7.67 -97 -12 57 66
Net Cash From Operating Activities
68 76 56 72 52 2.50 26 29 66 95 73
Net Cash From Continuing Operating Activities
68 76 56 72 52 2.68 26 29 66 95 73
Net Income / (Loss) Continuing Operations
39 46 23 -69 21 -23 19 14 12 23 19
Consolidated Net Income / (Loss)
39 46 23 -69 21 -23 19 14 12 23 19
Depreciation Expense
6.55 7.04 5.18 5.66 7.48 13 12 12 12 12 11
Amortization Expense
3.94 3.86 3.74 3.50 3.39 3.32 3.16 3.00 2.87 2.86 2.78
Non-Cash Adjustments To Reconcile Net Income
18 27 37 157 29 23 19 18 19 14 15
Changes in Operating Assets and Liabilities, net
0.60 -8.01 -12 -26 -9.40 -14 -28 -17 21 44 26
Net Cash From Investing Activities
-7.63 -14 -15 -31 -13 53 -11 -98 -5.89 -4.83 26
Net Cash From Continuing Investing Activities
-7.63 -14 -15 -31 -13 53 -11 -98 -5.89 -4.83 26
Purchase of Property, Plant & Equipment
-7.63 -14 -15 -31 -34 -20 -9.13 -5.80 -5.89 -4.83 -4.28
Purchase of Investments
0.00 - - - -0.49 -1.27 -1.24 -96 0.00 - -
Sale and/or Maturity of Investments
0.00 - - - 21 72 - 5.00 0.00 - 30
Other Investing Activities, net
0.00 - - - 0.26 2.65 -0.31 -2.60 0.00 - -
Net Cash From Financing Activities
-191 -4.37 -10 -71 -83 -130 -23 -28 -73 -35 -32
Net Cash From Continuing Financing Activities
-191 -2.79 -10 -71 -83 -130 -23 -28 -73 -35 -32
Repurchase of Common Equity
-183 - -3.70 -65 -77 -101 -16 -22 -69 -14 -
Other Financing Activities, net
-8.65 -2.79 -6.58 -5.90 -5.60 -29 -6.67 -5.39 -4.19 -20 -22
Effect of Exchange Rate Changes
0.71 -2.18 1.36 -0.20 -0.58 0.98 -0.72 -0.12 0.33 1.28 -0.73
Cash Interest Paid
0.03 0.16 0.30 0.17 0.14 0.16 0.13 0.14 0.14 0.04 0.03
Cash Income Taxes Paid
0.70 3.82 11 25 1.13 26 13 34 2.41 7.75 12

Annual Balance Sheets for CarGurus

This table presents CarGurus' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Total Assets
825 919 927 932 502 394 268 177 100
Total Current Assets
391 391 557 563 332 219 195 157 86
Cash & Equivalents
304 291 470 232 190 60 35 88 29
Restricted Cash
2.04 2.56 5.24 6.71 0.25 0.25 2.67 0.00 -
Short-Term Investments
0.00 21 0.00 90 100 112 123 50 45
Accounts Receivable
44 40 47 189 18 22 14 13 6.65
Inventories, net
0.34 0.33 5.28 20 0.00 - - - -
Prepaid Expenses
28 25 22 16 12 15 10 5.31 2.79
Other Current Assets
13 11 8.54 9.05 11 9.54 13 1.61 -
Plant, Property, & Equipment, net
130 83 40 32 27 28 24 17 13
Total Noncurrent Assets
303 444 330 336 143 147 47 2.83 2.04
Goodwill
46 158 157 158 29 15 0.00 0.00 -
Intangible Assets
12 23 53 84 11 3.92 0.00 0.00 -
Noncurrent Deferred & Refundable Income Taxes
107 73 35 13 20 43 39 0.83 0.00
Other Noncurrent Operating Assets
139 190 84 81 83 85 8.36 2.00 2.04
Total Liabilities & Shareholders' Equity
825 919 927 932 502 394 268 177 100
Total Liabilities
283 302 156 252 129 137 74 50 36
Total Current Liabilities
93 115 99 171 67 74 64 43 29
Accounts Payable
26 48 33 66 22 37 34 24 16
Accrued Expenses
36 34 39 79 25 18 19 14 8.38
Current Deferred Revenue
22 21 12 13 9.14 9.98 11 5.47 4.24
Other Current Liabilities
9.01 12 15 13 11 8.78 0.00 0.00 -
Total Noncurrent Liabilities
190 187 57 81 62 63 11 6.60 6.56
Noncurrent Deferred & Payable Income Tax Liabilities
0.03 0.06 0.05 0.06 0.29 0.28 0.00 0.00 0.29
Other Noncurrent Operating Liabilities
190 187 57 81 62 63 1.28 0.96 0.59
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
542 617 735 517 374 257 194 127 -68
Total Preferred & Common Equity
542 617 735 517 374 257 194 127 -68
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
Total Common Equity
542 617 735 517 374 257 194 127 -68
Common Stock
169 264 413 388 242 205 184 185 3.76
Retained Earnings
375 354 323 129 129 52 9.71 -58 -72
Accumulated Other Comprehensive Income / (Loss)
-2.55 -0.90 -1.64 -0.40 1.88 -0.35 0.07 0.23 -0.03

Quarterly Balance Sheets for CarGurus

This table presents CarGurus' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
689 778 753 871 1,049 1,040 1,052 983
Total Current Assets
252 327 288 324 535 535 543 604
Cash & Equivalents
173 247 216 246 355 363 457 404
Restricted Cash
2.85 3.99 2.20 2.79 12 12 15 14
Short-Term Investments
0.00 0.00 0.00 0.00 92 90 0.00 0.00
Accounts Receivable
41 45 40 44 46 38 42 120
Inventories, net
0.81 0.35 0.46 0.39 0.32 0.54 1.64 28
Prepaid Expenses
21 19 18 19 20 22 18 30
Other Current Assets
14 12 12 11 10 10 9.39 8.04
Plant, Property, & Equipment, net
132 127 130 108 55 48 43 37
Total Noncurrent Assets
305 325 335 439 459 457 466 342
Goodwill
47 47 47 158 157 158 158 156
Intangible Assets
11 12 13 21 30 38 46 61
Noncurrent Deferred & Refundable Income Taxes
110 121 118 82 68 52 47 44
Other Noncurrent Operating Assets
137 145 158 178 203 209 215 81
Total Liabilities & Shareholders' Equity
689 778 753 871 1,049 1,040 1,052 983
Total Liabilities
287 295 301 302 305 310 323 232
Total Current Liabilities
95 111 112 116 109 111 124 149
Accounts Payable
30 47 46 46 37 39 43 67
Accrued Expenses
32 32 34 38 37 36 45 57
Current Deferred Revenue
22 22 22 21 21 21 21 13
Other Current Liabilities
9.97 9.89 10 10 13 14 15 12
Total Noncurrent Liabilities
193 184 189 186 197 199 199 83
Noncurrent Deferred & Payable Income Tax Liabilities
0.02 0.00 0.04 0.04 0.06 0.04 0.03 0.02
Other Noncurrent Operating Liabilities
193 184 189 186 196 199 199 83
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
402 483 452 568 717 701 696 578
Total Preferred & Common Equity
402 483 452 568 717 701 696 578
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
402 483 452 568 717 701 696 578
Common Stock
6.87 155 147 194 341 347 358 418
Retained Earnings
396 329 307 375 378 356 339 164
Accumulated Other Comprehensive Income / (Loss)
-1.31 -0.32 -1.70 -1.50 -2.12 -1.34 -1.23 -4.00

Annual Metrics And Ratios for CarGurus

This table displays calculated financial ratios and metrics derived from CarGurus' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
-2.17% -44.76% 73.96% 72.52% -6.36% 29.69% 43.31% 59.92% 100.98% 0.00%
EBITDA Growth
-44.38% -42.66% -18.93% 68.88% 130.65% 43.49% 90.67% 51.58% 287.14% 0.00%
EBIT Growth
-62.51% -69.07% -27.96% 52.23% 174.45% 53.96% 55.00% 75.50% 435.79% 0.00%
NOPAT Growth
-18.05% -81.90% -29.81% 43.24% 104.67% -36.98% 365.89% 104.48% 451.79% 0.00%
Net Income Growth
-4.90% -72.07% -28.47% 42.32% 84.01% -35.33% 393.75% 103.16% 497.13% 0.00%
EPS Growth
5.26% -69.35% 0.00% -100.00% 83.78% -35.09% 375.00% 120.69% -41.46% 0.00%
Operating Cash Flow Growth
105.17% -51.38% 160.56% -37.29% 123.55% 35.56% 101.33% 28.43% 54.89% 0.00%
Free Cash Flow Firm Growth
838.98% -93.66% 182.90% -301.90% 665.74% -193.26% 7.05% -11.81% 0.00% 0.00%
Invested Capital Growth
-22.09% 1.89% -15.50% 322.70% -2.30% 151.81% 415.92% -12.18% 0.00% 0.00%
Revenue Q/Q Growth
0.61% -6.51% -3.08% 24.59% -1.18% 5.76% 8.48% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
422.95% -34.82% -7.67% 12.02% 17.91% 10.11% 56.55% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
120.36% -60.87% -11.69% 8.85% 23.35% 23.85% 45.75% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
126.23% -75.58% -14.02% 8.37% 20.10% 3.99% 19.92% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
144.14% -67.52% -12.16% 8.87% 18.29% 1.74% 18.52% 0.00% 0.00% 0.00%
EPS Q/Q Growth
144.44% -87.25% 0.00% 0.00% 17.24% 2.78% 18.75% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
40.19% -42.70% 106.48% -46.29% 21.16% 5.16% 23.89% 41.98% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
816.36% -92.06% 77.70% -27.87% -21.59% 80.10% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
1.17% 6.13% -10.82% 10.71% -9.81% -33.82% 48.13% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - - - - -
Gross Margin
82.62% 71.26% 39.73% 69.10% 92.26% 93.84% 94.54% 94.44% 95.17% 95.71%
EBITDA Margin
5.85% 10.29% 9.91% 21.27% 21.73% 8.82% 7.97% 5.99% 6.32% 3.28%
Operating Margin
1.50% 3.57% 6.55% 15.58% 17.73% 5.83% 5.11% 4.82% 4.33% -2.56%
EBIT Margin
1.39% 3.64% 6.50% 15.69% 17.78% 6.07% 5.11% 4.72% 4.30% -2.58%
Profit (Net Income) Margin
2.34% 2.41% 4.77% 11.60% 14.06% 7.16% 14.35% 4.17% 3.28% -1.66%
Tax Burden Percent
85.06% 42.67% 70.90% 73.90% 78.25% 108.89% 255.73% 83.34% 72.63% 64.41%
Interest Burden Percent
197.76% 155.42% 103.58% 100.08% 101.10% 108.35% 109.84% 105.81% 104.88% 100.00%
Effective Tax Rate
14.95% 57.33% 29.10% 26.10% 21.75% -8.89% -155.73% 16.66% 27.37% 0.00%
Return on Invested Capital (ROIC)
4.24% 4.65% 23.75% 50.49% 91.05% 62.95% 514.16% 0.00% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)
1.16% 2.59% 23.24% 50.23% 90.59% 60.07% 510.23% 0.00% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)
-0.62% -1.47% -12.87% -29.53% -66.44% -44.26% -473.58% 0.00% 0.00% 0.00%
Return on Equity (ROE)
3.62% 3.18% 10.88% 20.96% 24.60% 18.69% 40.59% 13.77% 10.04% 0.00%
Cash Return on Invested Capital (CROIC)
29.07% 2.78% 40.55% -72.99% 93.38% -23.36% 44.05% 0.00% 0.00% 0.00%
Operating Return on Assets (OROA)
1.43% 3.60% 11.57% 20.82% 21.88% 10.79% 10.43% 10.81% 8.50% 0.00%
Return on Assets (ROA)
2.41% 2.39% 8.50% 15.40% 17.31% 12.73% 29.30% 9.53% 6.48% 0.00%
Return on Common Equity (ROCE)
3.62% 3.09% 9.39% 17.72% 24.60% 18.69% 40.59% 4.24% -10.54% 0.00%
Return on Equity Simple (ROE_SIMPLE)
3.87% 3.58% 10.75% 21.36% 20.76% 16.41% 33.57% 10.39% -9.56% 0.00%
Net Operating Profit after Tax (NOPAT)
11 14 77 110 76 37 59 13 6.23 -1.77
NOPAT Margin
1.28% 1.52% 4.65% 11.52% 13.87% 6.35% 13.06% 4.02% 3.14% -1.79%
Net Nonoperating Expense Percent (NNEP)
3.08% 2.06% 0.51% 0.26% 0.46% 2.87% 3.93% 0.44% 0.73% 0.00%
Return On Investment Capital (ROIC_SIMPLE)
2.11% 2.26% 10.47% - - - - - - -
Cost of Revenue to Revenue
17.38% 28.74% 60.27% 30.90% 7.74% 6.16% 5.46% 5.56% 4.83% 4.29%
SG&A Expenses to Revenue
12.53% 16.71% 4.42% 10.27% 11.27% 8.56% 8.69% 7.16% 6.45% 5.88%
R&D to Revenue
16.15% 15.99% 7.48% 11.19% 15.55% 11.79% 10.54% 7.09% 5.78% 8.35%
Operating Expenses to Revenue
81.12% 67.69% 33.18% 53.51% 74.53% 88.01% 89.43% 89.62% 90.84% 98.27%
Earnings before Interest and Taxes (EBIT)
12 33 108 149 98 36 23 15 8.53 -2.54
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
52 94 164 202 120 52 36 19 13 3.24
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
7.00 4.40 2.27 7.66 9.62 15.33 19.13 25.04 0.00 0.00
Price to Tangible Book Value (P/TBV)
7.83 6.22 3.18 14.41 10.77 16.57 19.13 25.04 0.00 0.00
Price to Revenue (P/Rev)
4.24 2.97 1.01 4.16 6.52 6.69 8.18 10.04 0.00 0.00
Price to Earnings (P/E)
180.69 87.21 8.60 0.00 46.33 93.45 56.97 447.91 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.55% 1.15% 11.63% 0.00% 2.16% 1.07% 1.76% 0.22% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
14.79 7.93 4.14 10.81 39.77 44.32 105.25 0.00 0.00 0.00
Enterprise Value to Revenue (EV/Rev)
3.89 2.62 0.74 3.99 5.99 6.40 7.82 9.60 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)
66.58 25.49 7.49 18.74 27.56 72.50 98.12 160.24 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
279.38 72.10 11.42 25.42 33.69 105.44 153.12 203.29 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
305.35 172.24 15.97 34.62 43.17 100.78 59.90 239.04 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
13.63 19.26 4.80 38.59 21.07 53.72 68.68 118.44 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)
44.57 288.10 9.35 0.00 42.10 0.00 238.92 219.07 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.54 -0.57 -0.55 -0.59 -0.73 -0.74 -0.93 -1.11 -1.15 0.00
Leverage Ratio
1.50 1.33 1.28 1.36 1.42 1.47 1.39 1.44 1.55 0.00
Compound Leverage Factor
2.98 2.07 1.33 1.36 1.44 1.59 1.52 1.53 1.63 0.00
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 4.76% 23.95% 0.00% 0.00% 0.00% 0.00% 205.02% 0.00%
Common Equity to Total Capital
100.00% 100.00% 95.24% 76.05% 100.00% 100.00% 100.00% 100.00% -105.02% 0.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
10.24 7.40 9.67 11.68 19.49 19.70 32.65 40.89 0.00 0.00
Noncontrolling Interest Sharing Ratio
0.00% 2.65% 13.75% 15.46% 0.00% 0.00% 0.00% 69.20% 205.02% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
4.20 3.40 5.65 3.30 4.99 2.97 3.07 3.66 2.94 0.00
Quick Ratio
3.74 3.06 5.23 3.00 4.64 2.63 2.70 3.50 2.79 0.00
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
78 8.32 131 -158 78 -14 15 14 16 0.00
Operating Cash Flow to CapEx
271.95% 305.58% 1,482.95% 708.36% 2,081.30% 492.87% 691.67% 348.49% 277.14% 169.60%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
1.03 0.99 1.78 1.33 1.23 1.78 2.04 2.29 1.97 0.00
Accounts Receivable Turnover
21.24 21.07 14.02 9.17 27.33 32.96 34.68 32.95 29.78 0.00
Inventory Turnover
464.69 93.64 80.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
8.38 14.81 45.76 31.88 19.90 22.56 22.24 21.60 15.50 0.00
Accounts Payable Turnover
4.19 6.54 20.22 6.70 1.47 1.02 0.85 0.87 0.58 0.00
Days Sales Outstanding (DSO)
17.18 17.32 26.04 39.82 13.36 11.07 10.53 11.08 12.26 0.00
Days Inventory Outstanding (DIO)
0.79 3.90 4.56 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
87.19 55.82 18.05 54.45 249.11 357.34 428.49 418.02 626.16 0.00
Cash Conversion Cycle (CCC)
-69.22 -34.60 12.55 -14.63 -235.76 -346.26 -417.96 -406.95 -613.91 0.00
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
235 302 297 351 83 85 34 -11 -9.52 0.00
Invested Capital Turnover
3.33 3.05 5.11 4.38 6.56 9.92 39.37 -31.36 -41.61 0.00
Increase / (Decrease) in Invested Capital
-67 5.60 -54 268 -1.96 51 44 -1.16 -9.52 0.00
Enterprise Value (EV)
3,483 2,398 1,228 3,793 3,302 3,767 3,553 3,043 0.00 0.00
Market Capitalization
3,789 2,712 1,666 3,959 3,593 3,938 3,713 3,181 0.00 0.00
Book Value per Share
$5.22 $5.49 $6.18 $4.39 $3.30 $2.29 $1.76 $1.20 ($1.54) $0.00
Tangible Book Value per Share
$4.66 $3.88 $4.41 $2.33 $2.95 $2.12 $1.76 $1.20 ($1.54) $0.00
Total Capital
542 617 771 680 374 257 194 127 65 0.00
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-306 -315 -475 -329 -291 -172 -160 -138 -74 0.00
Capital Expenditures (CapEx)
94 41 17 14 7.53 14 7.48 7.37 7.22 7.62
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-8.07 -39 -16 64 -25 -27 -29 -23 -18 0.00
Debt-free Net Working Capital (DFNWC)
298 276 459 392 265 145 131 114 56 0.00
Net Working Capital (NWC)
298 276 459 392 265 145 131 114 56 0.00
Net Nonoperating Expense (NNE)
-9.56 -8.13 -2.04 -0.81 -1.06 -4.77 -5.86 -0.47 -0.27 -0.13
Net Nonoperating Obligations (NNO)
-306 -315 -475 -329 -291 -172 -160 -138 -74 0.00
Total Depreciation and Amortization (D&A)
40 61 57 53 22 16 13 4.02 4.00 5.78
Debt-free, Cash-free Net Working Capital to Revenue
-0.90% -4.23% -0.97% 6.70% -4.55% -4.53% -6.39% -7.41% -8.98% 0.00%
Debt-free Net Working Capital to Revenue
33.34% 30.19% 27.71% 41.25% 48.13% 24.65% 28.93% 36.05% 28.49% 0.00%
Net Working Capital to Revenue
33.34% 30.19% 27.71% 41.25% 48.13% 24.65% 28.93% 36.05% 28.49% 0.00%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.20 $0.27 $1.64 $0.00 $0.69 $0.38 $0.60 $0.13 $0.00 $0.00
Adjusted Weighted Average Basic Shares Outstanding
104.54M 113.24M 118.47M 117.14M 112.85M 112.30M 110.79M 106.13M 0.00 0.00
Adjusted Diluted Earnings per Share
$0.20 $0.19 $0.62 $0.00 $0.68 $0.37 $0.57 $0.12 $0.00 $0.00
Adjusted Weighted Average Diluted Shares Outstanding
106.26M 114.19M 128.15M 117.14M 113.85M 112.30M 110.79M 106.13M 0.00 0.00
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
104.42M 107.44M 114.87M 118.07M 116.80M 112.30M 110.79M 106.13M 0.00 0.00
Normalized Net Operating Profit after Tax (NOPAT)
126 23 77 110 76 24 16 13 6.23 -1.77
Normalized NOPAT Margin
14.07% 2.50% 4.65% 11.52% 13.87% 4.08% 3.58% 4.02% 3.14% -1.79%
Pre Tax Income Margin
2.76% 5.65% 6.73% 15.70% 17.97% 6.57% 5.61% 5.00% 4.51% -2.58%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.17% 25.22% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
697.02% 945.73% 43.49% 0.00% 0.00% 0.00% 0.00% 0.00% 923.50% -1,100.24%

Quarterly Metrics And Ratios for CarGurus

This table displays calculated financial ratios and metrics derived from CarGurus' official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
4.34% 2.43% 5.44% -8.78% -6.97% -22.19% -48.55% -53.11% -46.13% -15.50% 91.31%
EBITDA Growth
52.66% 1,267.44% -3.64% -355.58% 25.95% -112.06% -9.67% -11.65% -28.15% -23.31% -22.95%
EBIT Growth
76.32% 343.04% 24.27% -613.48% 75.92% -171.04% -20.57% -21.63% -44.71% -32.00% -31.13%
NOPAT Growth
95.10% 383.42% 27.83% -699.21% 107.99% -173.79% -14.02% -39.87% -52.08% -37.23% -35.90%
Net Income Growth
83.30% 302.99% 18.65% -597.37% 79.51% -197.30% 0.79% -23.50% -37.01% -31.99% -35.68%
EPS Growth
85.00% 325.00% 23.53% -650.00% 100.00% -118.18% 21.43% 233.33% 118.87% 0.00% -41.67%
Operating Cash Flow Growth
30.63% 2,934.33% 113.27% 144.06% -21.68% -97.38% -64.01% 636.80% -28.71% 359.18% 36.26%
Free Cash Flow Firm Growth
396.29% 623.59% 13.51% -137.29% -157.44% -128.05% 1,942.11% 6,087.00% 540.56% 132.23% 101.60%
Invested Capital Growth
-29.10% -22.09% -18.27% -12.01% 24.41% 1.89% -14.39% -22.97% -20.74% -15.50% 4.91%
Revenue Q/Q Growth
-1.48% -1.22% 5.79% 1.34% -3.28% 1.69% -8.48% 3.35% -19.10% -32.76% -16.58%
EBITDA Q/Q Growth
-11.35% 74.08% 143.32% -328.38% 777.89% -114.37% 14.90% 12.55% -35.11% 7.64% 12.38%
EBIT Q/Q Growth
-12.95% 90.97% 129.44% -460.23% 220.00% -197.65% 21.65% 23.41% -51.54% 9.18% 20.03%
NOPAT Q/Q Growth
-16.70% 114.99% 131.36% -447.33% 221.01% -196.97% 47.02% 20.56% -57.07% 12.99% 2.82%
Net Income Q/Q Growth
-14.90% 103.82% 132.76% -422.62% 194.24% -219.13% 37.32% 16.44% -48.92% 23.41% 4.22%
EPS Q/Q Growth
-17.78% 114.29% 131.82% -430.00% 200.00% -217.65% 41.67% 20.00% -90.91% 685.71% 255.56%
Operating Cash Flow Q/Q Growth
-10.38% 34.77% -21.51% 37.78% 1,981.89% -90.53% -10.18% -55.78% -30.39% 30.18% 1,439.58%
Free Cash Flow Firm Q/Q Growth
16.93% 52.85% 315.92% 23.22% -106.63% -133.14% -29.07% 18.27% 0.92% 2,312.15% 307.94%
Invested Capital Q/Q Growth
-3.87% 1.17% -0.42% -26.79% 5.64% 6.13% 7.21% 3.51% -13.49% -10.82% -3.54%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
88.70% 87.07% 78.90% 83.43% 81.08% 75.31% 74.88% 68.47% 66.81% 47.79% 35.36%
EBITDA Margin
24.85% 27.62% 15.67% -38.27% 16.98% -2.42% 17.15% 13.66% 12.54% 15.64% 9.77%
Operating Margin
20.32% 23.31% 11.86% -42.79% 12.18% -9.98% 10.53% 7.40% 6.06% 10.33% 6.72%
EBIT Margin
20.19% 22.85% 11.82% -42.46% 11.95% -9.63% 10.03% 7.54% 6.32% 10.55% 6.50%
Profit (Net Income) Margin
17.34% 20.08% 9.73% -31.42% 9.87% -10.13% 8.65% 5.76% 5.12% 8.10% 4.41%
Tax Burden Percent
80.42% 82.91% 74.89% 76.00% 71.76% 137.91% 69.60% 61.63% 64.50% 71.30% 65.23%
Interest Burden Percent
106.82% 105.99% 109.94% 97.37% 115.15% 76.29% 123.91% 123.96% 125.54% 107.73% 104.18%
Effective Tax Rate
19.58% 17.09% 25.11% 0.00% 28.24% 0.00% 30.41% 38.37% 35.50% 28.70% 34.77%
Return on Invested Capital (ROIC)
54.14% 64.30% 30.51% -105.23% 27.26% -21.33% 23.21% 17.70% 19.62% 37.65% 23.04%
ROIC Less NNEP Spread (ROIC-NNEP)
53.08% 63.75% 29.96% -104.29% 26.58% -19.55% 22.54% 17.02% 18.96% 37.12% 23.01%
Return on Net Nonoperating Assets (RNNOA)
-23.24% -34.17% -17.32% 60.26% -14.78% 11.12% -13.23% -9.89% -11.28% -20.56% -12.29%
Return on Equity (ROE)
30.90% 30.14% 13.19% -44.97% 12.48% -10.21% 9.98% 7.81% 8.34% 17.09% 10.75%
Cash Return on Invested Capital (CROIC)
44.78% 29.07% 3.30% -5.86% -13.96% 2.78% 33.97% 45.50% 46.18% 40.55% 22.75%
Operating Return on Assets (OROA)
23.39% 23.44% 11.50% -41.53% 11.16% -9.54% 9.65% 8.72% 9.21% 18.78% 12.30%
Return on Assets (ROA)
20.09% 20.60% 9.47% -30.73% 9.22% -10.03% 8.32% 6.66% 7.46% 14.43% 8.36%
Return on Common Equity (ROCE)
30.90% 30.14% 12.90% -43.83% 12.17% -9.94% 8.65% 6.23% 6.75% 14.74% 9.00%
Return on Equity Simple (ROE_SIMPLE)
9.63% 0.00% -9.83% -11.29% 5.54% 0.00% 9.47% 9.67% 10.35% 0.00% 15.55%
Net Operating Profit after Tax (NOPAT)
37 44 21 -66 19 -16 16 11 9.07 21 19
NOPAT Margin
16.34% 19.33% 8.88% -29.95% 8.74% -6.99% 7.33% 4.56% 3.91% 7.37% 4.38%
Net Nonoperating Expense Percent (NNEP)
1.06% 0.55% 0.55% -0.94% 0.68% -1.78% 0.66% 0.68% 0.66% 0.53% 0.04%
Return On Investment Capital (ROIC_SIMPLE)
9.15% 8.15% - - - -2.53% - - - 2.88% -
Cost of Revenue to Revenue
11.30% 12.93% 21.10% 16.57% 18.92% 24.69% 25.12% 31.53% 33.19% 52.21% 64.64%
SG&A Expenses to Revenue
11.89% 12.42% 12.18% 12.54% 13.01% 33.91% 11.35% 11.37% 10.74% 0.60% 1.12%
R&D to Revenue
16.10% 15.73% 15.72% 16.73% 16.47% 16.46% 16.15% 15.60% 15.78% 11.00% 7.08%
Operating Expenses to Revenue
68.38% 63.76% 67.05% 126.22% 68.90% 85.29% 64.35% 61.07% 60.75% 37.46% 28.64%
Earnings before Interest and Taxes (EBIT)
45 52 27 -93 26 -21 22 18 15 30 28
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
56 63 36 -84 37 -5.41 38 33 29 45 42
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
7.57 7.00 6.42 6.04 4.56 4.40 2.77 3.66 3.08 2.27 2.91
Price to Tangible Book Value (P/TBV)
8.84 7.83 7.32 6.95 6.65 6.22 3.76 5.08 4.36 3.18 4.66
Price to Revenue (P/Rev)
3.37 4.24 3.49 3.11 2.89 2.97 2.03 2.16 1.47 1.01 0.98
Price to Earnings (P/E)
78.56 180.69 0.00 0.00 71.44 87.21 9.29 8.58 7.89 8.60 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
1.27% 0.55% 0.00% 0.00% 1.40% 1.15% 10.77% 11.65% 12.68% 11.63% 0.00%
Enterprise Value to Invested Capital (EV/IC)
12.66 14.79 12.26 10.75 7.34 7.93 5.47 8.02 6.65 4.14 4.32
Enterprise Value to Revenue (EV/Rev)
3.17 3.89 3.21 2.86 2.61 2.62 1.59 1.80 1.17 0.74 0.84
Enterprise Value to EBITDA (EV/EBITDA)
40.02 66.58 0.00 0.00 23.05 25.49 10.78 14.35 11.18 7.49 8.08
Enterprise Value to EBIT (EV/EBIT)
89.16 279.38 0.00 0.00 52.77 72.10 18.31 23.48 17.84 11.42 11.80
Enterprise Value to NOPAT (EV/NOPAT)
97.98 305.35 0.00 0.00 104.43 172.24 27.30 35.68 25.52 15.97 16.06
Enterprise Value to Operating Cash Flow (EV/OCF)
10.56 13.63 15.66 16.48 21.26 19.26 7.16 8.06 7.44 4.80 11.58
Enterprise Value to Free Cash Flow (EV/FCFF)
23.46 44.57 334.58 0.00 0.00 288.10 14.84 15.33 12.73 9.35 19.44
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
-0.44 -0.54 -0.58 -0.58 -0.56 -0.57 -0.59 -0.58 -0.60 -0.55 -0.53
Leverage Ratio
1.61 1.50 1.49 1.52 1.48 1.33 1.36 1.41 1.39 1.28 1.29
Compound Leverage Factor
1.72 1.60 1.64 1.48 1.71 1.01 1.68 1.74 1.75 1.38 1.35
Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 3.57% 4.09% 4.46% 4.76% 23.00%
Common Equity to Total Capital
100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 96.43% 95.91% 95.54% 95.24% 77.00%
Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Altman Z-Score
8.97 10.40 8.50 7.05 7.16 7.21 5.90 7.13 6.34 9.39 6.96
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 2.16% 2.53% 2.50% 2.65% 13.33% 20.20% 19.00% 13.75% 16.30%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.67 4.20 2.95 2.57 2.78 3.40 4.93 4.83 4.38 5.65 4.06
Quick Ratio
2.26 3.74 2.63 2.28 2.50 3.06 4.54 4.44 4.03 5.23 3.52
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
130 111 73 -34 -44 -21 64 90 76 76 3.13
Operating Cash Flow to CapEx
889.52% 552.91% 377.28% 229.29% 152.25% 12.24% 288.48% 505.79% 1,126.97% 1,974.37% 1,710.47%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.16 1.03 0.97 0.98 0.93 0.99 0.96 1.16 1.46 1.78 1.89
Accounts Receivable Turnover
21.26 21.24 19.61 22.61 20.72 21.07 11.77 10.25 15.57 14.02 16.64
Inventory Turnover
233.23 464.69 541.85 374.58 223.51 93.64 25.09 52.01 72.98 80.00 58.30
Fixed Asset Turnover
7.51 8.38 9.81 9.84 11.90 14.81 21.37 28.35 38.40 45.76 51.43
Accounts Payable Turnover
3.67 4.19 4.27 4.39 5.08 6.54 6.83 10.19 15.79 20.22 16.45
Days Sales Outstanding (DSO)
17.16 17.18 18.61 16.14 17.62 17.32 31.01 35.62 23.45 26.04 21.93
Days Inventory Outstanding (DIO)
1.57 0.79 0.67 0.97 1.63 3.90 14.55 7.02 5.00 4.56 6.26
Days Payable Outstanding (DPO)
99.50 87.19 85.43 83.18 71.81 55.82 53.43 35.82 23.11 18.05 22.19
Cash Conversion Cycle (CCC)
-80.77 -69.22 -66.15 -66.07 -52.55 -34.60 -7.87 6.82 5.34 12.55 6.01
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
226 235 233 234 319 302 285 266 257 297 333
Invested Capital Turnover
3.31 3.33 3.44 3.51 3.12 3.05 3.17 3.88 5.02 5.11 5.26
Increase / (Decrease) in Invested Capital
-93 -67 -52 -32 63 5.60 -48 -79 -67 -54 16
Enterprise Value (EV)
2,866 3,483 2,853 2,511 2,342 2,398 1,556 2,129 1,707 1,228 1,436
Market Capitalization
3,042 3,789 3,104 2,730 2,591 2,712 1,988 2,564 2,146 1,666 1,682
Book Value per Share
$3.85 $5.22 $4.68 $4.34 $5.30 $5.49 $6.32 $6.18 $6.06 $6.18 $4.87
Tangible Book Value per Share
$3.29 $4.66 $4.10 $3.77 $3.64 $3.88 $4.66 $4.46 $4.29 $4.41 $3.04
Total Capital
402 542 483 452 568 617 744 731 728 771 751
Total Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-176 -306 -251 -218 -249 -315 -459 -465 -472 -475 -418
Capital Expenditures (CapEx)
7.63 14 15 31 34 20 9.13 5.80 5.89 4.83 4.28
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-18 -8.07 -35 -42 -42 -39 -32 -41 -52 -16 37
Debt-free Net Working Capital (DFNWC)
157 298 216 176 207 276 427 425 419 459 455
Net Working Capital (NWC)
157 298 216 176 207 276 427 425 419 459 455
Net Nonoperating Expense (NNE)
-2.25 -1.71 -1.96 3.21 -2.44 7.02 -2.90 -2.88 -2.80 -2.11 -0.13
Net Nonoperating Obligations (NNO)
-176 -306 -251 -218 -249 -315 -459 -465 -472 -475 -418
Total Depreciation and Amortization (D&A)
10 11 8.92 9.17 11 16 16 15 14 15 14
Debt-free, Cash-free Net Working Capital to Revenue
-2.02% -0.90% -3.90% -4.80% -4.64% -4.23% -3.28% -3.43% -3.60% -0.97% 2.17%
Debt-free Net Working Capital to Revenue
17.42% 33.34% 24.30% 20.10% 23.10% 30.19% 43.64% 35.83% 28.78% 27.71% 26.64%
Net Working Capital to Revenue
17.42% 33.34% 24.30% 20.10% 23.10% 30.19% 43.64% 35.83% 28.78% 27.71% 26.64%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.38 $0.44 $0.22 ($0.66) $0.20 ($0.21) $0.20 $0.14 $0.14 $1.36 $0.90
Adjusted Weighted Average Basic Shares Outstanding
103.09M 104.54M 103.32M 103.83M 107.17M 113.24M 113.22M 113.44M 115.36M 118.47M 118.68M
Adjusted Diluted Earnings per Share
$0.37 $0.45 $0.21 ($0.66) $0.20 ($0.20) $0.17 $0.12 $0.10 $1.10 $0.14
Adjusted Weighted Average Diluted Shares Outstanding
105.07M 106.26M 105.06M 103.83M 108.63M 114.19M 114.32M 114.49M 115.92M 128.15M 132.24M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
98.85M 104.42M 103.71M 103.37M 104.19M 107.44M 112.27M 113.50M 113.32M 114.87M 118.94M
Normalized Net Operating Profit after Tax (NOPAT)
37 44 26 24 19 -16 16 11 9.07 21 19
Normalized NOPAT Margin
16.34% 19.33% 11.16% 10.85% 8.74% -6.99% 7.33% 4.56% 3.91% 7.37% 4.38%
Pre Tax Income Margin
21.56% 24.21% 12.99% -41.35% 13.76% -7.35% 12.42% 9.35% 7.93% 11.36% 6.77%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.03% 0.17% 0.16% 10.72% 15.87% 25.22% 22.08%
Augmented Payout Ratio
649.77% 697.02% -520.49% -508.41% 689.00% 945.73% 179.63% 167.03% 131.80% 43.49% 22.08%

Frequently Asked Questions About CarGurus' Financials

When does CarGurus's fiscal year end?

According to the most recent income statement we have on file, CarGurus' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has CarGurus' net income changed over the last 9 years?

CarGurus' net income appears to be on an upward trend, with a most recent value of $20.97 million in 2024, falling from -$1.64 million in 2015. The previous period was $22.05 million in 2023. See CarGurus' forecast for analyst expectations on what’s next for the company.

What is CarGurus's operating income?
CarGurus's total operating income in 2024 was $13.41 million, based on the following breakdown:
  • Total Gross Profit: $738.95 million
  • Total Operating Expenses: $725.53 million
How has CarGurus revenue changed over the last 9 years?

Over the last 9 years, CarGurus' total revenue changed from $98.59 million in 2015 to $894.38 million in 2024, a change of 807.2%.

How much debt does CarGurus have?

CarGurus' total liabilities were at $282.85 million at the end of 2024, a 6.4% decrease from 2023, and a 694.4% increase since 2016.

How much cash does CarGurus have?

In the past 8 years, CarGurus' cash and equivalents has ranged from $29.48 million in 2016 to $469.52 million in 2022, and is currently $304.19 million as of their latest financial filing in 2024.

How has CarGurus' book value per share changed over the last 9 years?

Over the last 9 years, CarGurus' book value per share changed from 0.00 in 2015 to 5.22 in 2024, a change of 522.3%.



This page (NASDAQ:CARG) was last updated on 5/28/2025 by MarketBeat.com Staff
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