Carvana Co (CVNA)
71.36
+0.21
(+0.30%)
USD |
NYSE |
Apr 19, 16:00
71.30
-0.06
(-0.08%)
After-Hours: 20:00
Carvana Gross Profit Margin (Quarterly): 16.58% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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
17.38%
Maximum
Sep 2023
13.48%
Average
13.42%
Median
Jun 2020
Gross Profit Margin (Quarterly) Benchmarks
| Vroom Inc | 12.31% |
| CarGurus Inc | 75.31% |
| America's Car-Mart Inc | 47.18% |
| Asbury Automotive Group Inc | 17.66% |
| AutoNation Inc | 17.96% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Assets | 5.73% |
| Return on Invested Capital | 6.92% |
| Profit Margin (Quarterly) | -4.70% |
| Operating Margin (Quarterly) | -1.53% |
| Return on Net Operating Assets | 8.40% |