Carvana Co (XSWX:CVNA)
CHF 52.5 -2.13 (-3.9%) Market Cap: 36.21 Bil Enterprise Value: 39.08 Bil PE Ratio: 37.93 PB Ratio: 11.98 GF Score: 73/100

Carvana Co at Morgan Stanley Technology, Media & Telecom Conference Transcript

Mar 02, 2026 / 08:20PM GMT
Release Date Price: CHF50.33 (-2.69%)
Unidentified Participant

All right. Should we get started?

Ernest Garcia
Carvana Co - Chief Executive Officer

Let's do it.

Unidentified Participant

Good. Everyone can hear us okay? All right. Welcome back, Ernie. Thank you for joining us out here. Last time you were here was March 2024. Your stock price was around $70. Your units were growing 16% year over year. Fast forward today --

Ernest Garcia
Carvana Co - Chief Executive Officer

Exact same relative position today.

Questions & Answers

Unidentified Participant

So can you give us a little bit of sense of what was that turnaround like? And how do you keep that momentum going?

Ernest Garcia
Carvana Co - Chief Executive Officer

Wow, that's a big picture opening. We could just talk for hours and make it look bored. I think the most important takeaway from that, I think we've worked for the last, what has it been now, 13 years, 14 years to build a

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