Carvana Historical Income Statement
| CVNA Stock | USD 170.74 9.11 5.64% |
Historical analysis of Carvana income statement accounts such as Interest Expense of 663.6 M, Selling General Administrative of 812.9 M or Selling And Marketing Expenses of 208.6 M can show how well Carvana Co performed in making a profits. Evaluating Carvana income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Carvana's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Carvana latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Carvana is a good buy for the upcoming year.
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About Carvana Income Statement Analysis
Carvana Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Carvana shareholders. The income statement also shows Carvana investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Carvana Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Carvana generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Carvana. It is also known as Carvana overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Carvana's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Carvana current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At present, Carvana's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 663.6 M, whereas Selling General Administrative is forecasted to decline to about 812.9 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 176M | 486M | 632M | 663.6M | Depreciation And Amortization | 105M | 261M | 352M | 369.6M |
Carvana income statement Correlations
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Carvana Account Relationship Matchups
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Carvana income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 41.3M | 73.8M | 105M | 261M | 352M | 369.6M | |
| Interest Expense | 80.6M | 131.5M | 176M | 486M | 632M | 663.6M | |
| Selling General Administrative | 582.7M | 839.7M | 1.6B | 2.2B | 1.6B | 812.9M | |
| Selling And Marketing Expenses | 204.0M | 286.4M | 479M | 490M | 228M | 208.6M | |
| Total Revenue | 3.9B | 5.6B | 12.8B | 13.6B | 10.8B | 5.5B | |
| Gross Profit | 506.4M | 793.8M | 1.9B | 1.2B | 1.7B | 1.8B | |
| Other Operating Expenses | 4.2B | 5.9B | 12.9B | 15.1B | 10.8B | 5.8B | |
| Operating Income | (280.3M) | (330.9M) | (110M) | (1.6B) | (72M) | (75.6M) | |
| Net Income From Continuing Ops | (364.6M) | (462.2M) | (287M) | (2.9B) | 150M | 157.5M | |
| Ebit | (34.1M) | (330.9M) | (110M) | (1.6B) | (71M) | (74.6M) | |
| Ebitda | 7.2M | (257.2M) | (5M) | (1.3B) | 281M | 295.1M | |
| Cost Of Revenue | 3.4B | 4.8B | 10.9B | 12.4B | 9.0B | 4.8B | |
| Total Operating Expenses | 786.7M | 1.1B | 2.0B | 2.7B | 1.8B | 1.0B | |
| Income Before Tax | (364.6M) | (462.5M) | (286M) | (2.9B) | 175M | 183.8M | |
| Total Other Income Expense Net | (84.3M) | (131.5M) | (176M) | (1.3B) | 879M | 923.0M | |
| Net Income Applicable To Common Shares | (114.7M) | (171.1M) | (135M) | (1.6B) | (1.4B) | (1.4B) | |
| Net Income | (114.7M) | (462.2M) | (287M) | (2.9B) | 450M | 472.5M | |
| Income Tax Expense | (193.0M) | (250.0M) | (255K) | 1M | 25M | 26.3M | |
| Net Interest Income | (80.6M) | (131.5M) | (176M) | (486M) | (632M) | (600.4M) | |
| Reconciled Depreciation | 41.3M | 73.8M | 105M | 261M | 352M | 369.6M | |
| Non Operating Income Net Other | (3.7M) | 1.4M | (6M) | (70M) | (63M) | (59.9M) | |
| Minority Interest | (250.0M) | (291.1M) | (152M) | 1.3B | 300M | 315M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Carvana Stock
When determining whether Carvana offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Carvana's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Carvana Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Carvana Co Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Carvana Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Automotive Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Carvana. If investors know Carvana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Carvana listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 2.49 | Revenue Per Share 101.398 | Quarterly Revenue Growth 0.149 | Return On Assets 0.0338 | Return On Equity (12.69) |
The market value of Carvana is measured differently than its book value, which is the value of Carvana that is recorded on the company's balance sheet. Investors also form their own opinion of Carvana's value that differs from its market value or its book value, called intrinsic value, which is Carvana's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Carvana's market value can be influenced by many factors that don't directly affect Carvana's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Carvana's value and its price as these two are different measures arrived at by different means. Investors typically determine if Carvana is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Carvana's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.