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Carvana Co reports 26.94% Increase in Annual Revenue from Last Year

By USinMinutes - Feb 22, 2025, 07:06 PM ET
Last Updated - Mar 26, 2025, 07:45 AM EDT
Carvana Co reports 26.94% Increase in Annual Revenue from Last Year

Company generates $13.7 billion in revenue

  • Revenue $13.7 billion
  • Profit $404 million
  • Earnings Per Share $1.59
  • Number of Employees 13,700

Carvana Co [CVNA] has reported $13.7 billion in revenue for the fiscal year ending Dec 31, 2024, a 26.94% increase from the previous year.

During the period, Carvana Co generated $404 million profit, compared to $150 million last year.

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The Arizona, Tempe-based company has announced earnings per share of $1.59, while its EPS last year was $0.75.

Carvana Co has 13,700 employees on its rolls and its total shareholder’s equity is $32.06.

Dollars in millions
Dec 31, 2024    Sep 30, 2024    Jun 30, 2024    Mar 31, 2024   

Income Statement

Revenue $13,673.0  $3,655.0  $3,410.0  $3,061.0 
Operating Profit $990.0  $337.0  $259.0  $134.0 
Net Income $404.0  $148.0  $48.0  $49.0 
Net Cash $1,166.0  $338.0  $13.0  -$267.0 
Gross Margin $2,876.0  $807.0  $715.0  $591.0 
Operating Margin $0.0  $0.0  $0.0  $0.0 
Profit as % of Revenues711.88 545.27 1489.58 1206.12 
Profit as % of Assets5.19 2.69 0.91 0.98 
Profit as % of Stockholder Equity32.06 24.22 9.13 -15.76 
Return on Equity32.06 24.22 9.13 -15.76 
Return on Assets4.76 2.01 0.67 0.70 
Turnover Ratio175.80 66.32 64.46 60.95 
EBITA$990.0 $337.0 $259.0 $134.0 

Balance Sheet

Total Assets $8,484.0  $7,368.0  $7,170.0  $6,983.0 
Total Liabilities $7,109.0  $7,082.0  $7,055.0  $7,294.0 

Cash Flow Statement

Operating Cash Flow $918.0  $858.0  $455.0  $101.0 
Investing Cash Flow -$13.0  -$6.0  $9.0  $7.0 
Financing Cash Flow $261.0  -$514.0  -$451.0  -$375.0 

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