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COMPANY BENCHMARKING • UNITED STATES

Carvana Co. - Company Profile

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Carvana Co. - Overview

Description
Carvana is a public company headquartered in Arizona with an estimated 16,600 employees. In the US, the company has a notable market share in at least one industry: Online Car Dealers, where they account for an estimated 21.9% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Carvana Co.

Company Type: Operating

Exchange: NYSE

Headquarters: 1930 W Rio Salado Pkwy Tempe AZ 85281

Website: https://www.carvana.com/

Employees: 16600

Carvana Co. - Operating Industries and Main Competitors

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Carvana Co. - Products and Services

  • Online Car Dealers in the US

  • Of the 5 core revenue-generating products and services in the Online Car Dealers in the US industry, Carvana Co. offers:
    • Parts and repair services
    • Used vehicle sales
    • Vehicle leases
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Carvana Co. - Analyst Insights

Carvana announces agreement to acquire ADESA US

In February 2021, Carvana announced that the company has signed a definitive agreement to acquire ADESA's US physical auction business (ADESA US), a wholly owned subsidiary of KAR Global. ADESA US is the second largest provider of wholesale vehicle auction solutions in the United States. Carvana stated that the acquisition of ADESA US will accelerate Carvana's growth strategy towards becoming the largest and most profitable automotive retailer. Additionally, Carvana will continue to operate ADESA US's existing wholesale auction business and related services under the ADESA brand.

M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Carvana Co. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Carvana Co.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Online Car Dealers in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Carvana Co. - Financial Statements & Ratios

pie_chartCarvana Co. Income Statement

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Revenue10,771.013,604.012,814.05,587.03,940.01,955.5
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartCarvana Co. Balance Sheet

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Cash and Equivalents530.0434.0403.0301.076.078.9
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartCarvana Co. Cash Flow

BALANCE DATE12/31/202312/31/202212/31/202112/31/202012/31/201912/31/2018
Net Income150.0N/A-287.0-462.0-365.0-254.7
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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