Carvana Co (CVNA)
132.85
+8.75
(+7.05%)
USD |
NYSE |
Jul 26, 16:00
133.47
+0.62
(+0.47%)
After-Hours: 20:00
Carvana Gross Profit Margin (Quarterly): 19.31% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 19.31% |
December 31, 2023 | 16.58% |
September 30, 2023 | 17.38% |
June 30, 2023 | 16.81% |
March 31, 2023 | 13.09% |
December 31, 2022 | 6.80% |
September 30, 2022 | 10.60% |
June 30, 2022 | 10.20% |
March 31, 2022 | 8.52% |
December 31, 2021 | 13.75% |
September 30, 2021 | 15.03% |
June 30, 2021 | 16.55% |
March 31, 2021 | 15.06% |
December 31, 2020 | 13.36% |
September 30, 2020 | 16.97% |
June 30, 2020 | 13.42% |
March 31, 2020 | 12.57% |
Date | Value |
---|---|
December 31, 2019 | 12.97% |
September 30, 2019 | 12.56% |
June 30, 2019 | 13.97% |
March 31, 2019 | 11.72% |
December 31, 2018 | 9.60% |
September 30, 2018 | 10.71% |
June 30, 2018 | 10.32% |
March 31, 2018 | 9.50% |
December 31, 2017 | 8.26% |
September 30, 2017 | 9.06% |
June 30, 2017 | 7.66% |
March 31, 2017 | 6.13% |
December 31, 2016 | 2.28% |
September 30, 2016 | 6.85% |
June 30, 2016 | 6.98% |
March 31, 2016 | 5.42% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
6.80%
Minimum
Dec 2022
19.31%
Maximum
Mar 2024
13.76%
Average
13.42%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
CarGurus Inc | 81.08% |
Vroom Inc | -- |
Asbury Automotive Group Inc | 17.85% |
AutoNation Inc | 18.47% |
Lithia Motors Inc | 15.59% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Assets | 8.49% |
Return on Invested Capital | 10.31% |
Profit Margin (Quarterly) | 0.91% |
Operating Margin (Quarterly) | 4.38% |
Return on Net Operating Assets | 12.39% |