Carvana (CVNA) valuation
Carvana P/E ratio history
Carvana trades at 32.9 times its earnings over the last twelve months and 32.9 times the earnings analysts expect over the next twelve.
| Fiscal year ended | Price | EPS | P/E | Forward P/E |
|---|---|---|---|---|
| Dec 31, 2025 | $84.40 | — | n/m | 65.4 |
| Dec 31, 2024 | $40.67 | $0.32 | 127.9 | 88.9 |
| Dec 31, 2023 | $10.59 | — | n/m | — |
| Dec 31, 2022 | $0.95 | -$3.15 | n/m | — |
| Dec 31, 2021 | $46.36 | -$0.33 | n/m | — |
| Dec 31, 2020 | $47.91 | -$0.53 | n/m | — |
| Dec 31, 2019 | $18.41 | — | n/m | — |
| Dec 31, 2018 | $6.54 | — | n/m | — |
| Dec 31, 2017 | $3.82 | — | n/m | — |
n/m: not meaningful (a loss, or earnings close to zero). The daily P/E line is a chart indicator in the app.
Carvana valuation against its peers
| Company | Market value | P/E | Forward P/E | Price / sales |
|---|---|---|---|---|
| CarvanaCVNA | $75.2B | 32.9 | 32.9 | 2.7 |
| DoorDashDASH | $78.0B | 73.7 | — | 4.9 |
| Mercado LibreMELI | $82.4B | 44.2 | 34.4 | 2.3 |
| eBayEBAY | $54.1B | 26.4 | 18.1 | 4.4 |
| ShopifySHOP | $204B | 105.7 | 72.1 | 15.4 |
| Amazon.comAMZN | $2.59T | 19.4 | 24.3 | 3.3 |
| Peer median | 44.2 | 29.4 | 4.4 |
Reading these multiples
The P/E divides the share price by earnings per share over the last twelve months; the forward P/E divides it by the earnings analysts expect over the next twelve. Price to sales compares the company's market value with its revenue over the last twelve months. A multiple reads differently from one industry to the next, so the peer group above is the fairer comparison.
See also: CVNA financials · CVNA returns
No forecast, no recommendation. This page describes Carvana from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.