Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Carvana Co's share price for the quarter that ended in Mar. 2024 was $87.91. Carvana Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 117 Mil. Therefore, Carvana Co's market cap for the quarter that ended in Mar. 2024 was $10,247 Mil.
Carvana Co's quarterly market cap
increased
from Sep. 2023 ($4,785 Mil) to Dec. 2023 ($6,048 Mil) and
increased
from Dec. 2023 ($6,048 Mil) to Mar. 2024 ($10,247 Mil).
Carvana Co's annual market cap
declined
from Dec. 2021 ($20,845 Mil) to Dec. 2022 ($503 Mil) but then
increased
from Dec. 2022 ($503 Mil) to Dec. 2023 ($6,048 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Carvana Co's Enterprise Value for Today is $20,414 Mil.
Carvana Co Market Cap Historical Data
The historical data trend for Carvana Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto & Truck Dealerships subindustry, Carvana Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Carvana Co's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Carvana Co's Market Cap falls into.
Carvana Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Carvana Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Carvana Co (NYSE:CVNA) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Carvana Co Market Cap Related Terms
Thank you for viewing the detailed overview of Carvana Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
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