CarGurus (CARG) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
894.4M
Gross Profit
738.9M
82.62%
Operating Income
147.9M
16.54%
Net Income
21.0M
2.34%
Balance Sheet Metrics
Total Assets
824.5M
Total Liabilities
282.8M
Shareholders Equity
541.7M
Debt to Equity
0.52
Cash Flow Metrics
Operating Cash Flow
105.8M
Free Cash Flow
161.5M
Revenue & Profitability Trend
CarGurus Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 894.4M | 914.2M | 1.7B | 951.4M | 551.5M |
| Cost of Goods Sold | 155.4M | 262.8M | 997.5M | 294.0M | 42.7M |
| Gross Profit | 738.9M | 651.5M | 657.6M | 657.4M | 508.7M |
| Operating Expenses | 578.7M | 603.0M | 533.6M | 494.7M | 404.9M |
| Operating Income | 147.9M | 32.6M | 108.5M | 148.3M | 97.8M |
| Pre-tax Income | 24.7M | 51.7M | 111.4M | 149.4M | 99.1M |
| Income Tax | 3.7M | 29.6M | 32.4M | 39.0M | 21.6M |
| Net Income | 21.0M | 22.1M | 79.0M | 110.4M | 77.6M |
| EPS (Diluted) | - | $0.19 | $0.62 | $0.00 | $0.68 |
Income Statement Trend
CarGurus Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 391.2M | 391.2M | 557.4M | 563.1M | 332.0M |
| Non-Current Assets | 433.3M | 527.7M | 369.7M | 368.5M | 170.3M |
| Total Assets | 824.5M | 918.9M | 927.1M | 931.6M | 502.3M |
| Liabilities | |||||
| Current Liabilities | 93.1M | 115.2M | 98.7M | 170.7M | 66.5M |
| Non-Current Liabilities | 189.8M | 186.9M | 57.0M | 81.2M | 62.2M |
| Total Liabilities | 282.8M | 302.1M | 155.7M | 251.9M | 128.7M |
| Equity | |||||
| Total Shareholders Equity | 541.7M | 616.9M | 771.4M | 679.6M | 373.6M |
Balance Sheet Composition
CarGurus Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 21.0M | 22.1M | 79.0M | 110.4M | 77.6M |
| Operating Cash Flow | 105.8M | 129.6M | 285.7M | 63.5M | 142.7M |
| Investing Activities | |||||
| Capital Expenditures | -75.2M | -24.1M | -5.9M | -7.7M | -3.0M |
| Investing Cash Flow | -54.2M | -44.9M | 84.1M | -62.0M | -12.3M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -173.6M | -253.7M | -93.3M | 2.9M | -11.2M |
| Free Cash Flow | 161.5M | 83.3M | 238.8M | 84.4M | 149.2M |
Cash Flow Trend
CarGurus Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
91.41
Forward P/E
17.43
Price to Book
8.29
Price to Sales
3.70
PEG Ratio
17.43
Profitability Ratios
Profit Margin
4.28%
Operating Margin
20.32%
Return on Equity
7.98%
Return on Assets
14.21%
Financial Health
Current Ratio
2.67
Debt to Equity
48.61
Beta
1.45
Per Share Data
EPS (TTM)
$0.37
Book Value per Share
$4.08
Revenue per Share
$8.73
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| carg | 3.3B | 91.41 | 8.29 | 7.98% | 4.28% | 48.61 |
| Carvana | 40.5B | 120.95 | 30.91 | 99.59% | 2.68% | 344.78 |
| Penske Automotive | 11.6B | 12.35 | 2.17 | 18.56% | 3.10% | 151.44 |
| CarMax | 10.1B | 18.56 | 1.61 | 8.97% | 1.95% | 306.75 |
| Lithia Motors | 8.6B | 10.48 | 1.28 | 13.15% | 2.31% | 204.97 |
| AutoNation | 8.0B | 12.51 | 3.33 | 28.45% | 2.51% | 375.84 |
Financial data is updated regularly. All figures are in the company's reporting currency.