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Carvana Co (Carvana Co) Pretax Margin % : -8.33% (As of Dec. 2023)


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What is Carvana Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Carvana Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-202 Mil. Carvana Co's Revenue for the three months ended in Dec. 2023 was $2,424 Mil. Therefore, Carvana Co's pretax margin for the quarter that ended in Dec. 2023 was -8.33%.

The historical rank and industry rank for Carvana Co's Pretax Margin % or its related term are showing as below:

CVNA' s Pretax Margin % Range Over the Past 10 Years
Min: -36.56   Med: -16.08   Max: 1.63
Current: 1.63


CVNA's Pretax Margin % is ranked worse than
68.61% of 1284 companies
in the Vehicles & Parts industry
Industry Median: 4.475 vs CVNA: 1.63

Carvana Co Pretax Margin % Historical Data

The historical data trend for Carvana Co's Pretax Margin % 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.

* Premium members only.

Carvana Co Pretax Margin % Chart

Carvana Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.26 -8.27 -2.23 -21.27 1.62

Carvana Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -50.79 -11.05 -3.54 27.77 -8.33

Competitive Comparison of Carvana Co's Pretax Margin %

For the Auto & Truck Dealerships subindustry, Carvana Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carvana Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Carvana Co's Pretax Margin % falls into.



Carvana Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Carvana Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=175/10771
=1.62 %

Carvana Co's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-202/2424
=-8.33 %

* 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) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Carvana Co Pretax Margin % Related Terms

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Carvana Co (Carvana Co) Business Description

Traded in Other Exchanges
Address
300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
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.
Executives
Paul W. Breaux officer: See Remarks 300 E RIO SALADO PKWY, TEMPE AZ 85281
Ecg Ii Spe, Llc 10 percent owner 1720 W. RIO SALADO PARKWAY, SUITE A, TEMPE AZ 85281
Thomas Taira officer: President, Special Projects 300 E RIO SALADO PKWY, TEMPE AZ 85281
Daniel J. Gill officer: Chief Product Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Gregory B Sullivan director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Ira J. Platt director 65 STURGES HWY, WESTPORT CT 06880
Michael E Maroone director 909 POINCIANA DRIVE, FORT LAUDERDALE FL 33301
Garcia Ernest C Ii 10 percent owner 100 CRESCENT COURT, SUITE 1100, DALLAS TX 75201
Ryan S. Keeton officer: Chief Brand Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
J Danforth Quayle director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Garcia Ernest C. Iii director, 10 percent owner, officer: Chief Executive Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Benjamin E. Huston officer: Chief Operating Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Mark W. Jenkins officer: Chief Financial Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Stephen R Palmer officer: Vice President of Accounting 1930 W RIO SALADO PKWY, TEMPE AZ 85281
Neha Parikh director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281