MARKETS / COMPARE / CVNA VS PAG

CVNA vs PAG

Carvana Co. and Penske Automotive Group, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

Metric CVNA PAG
Revenue$20.3B$31.8B
Net income$1.4B$935.4M
Gross margin20.6%16.4%
Net margin6.9%2.9%
Return on equity59.9%17.1%
Diluted EPS
Dividend / share$5.18
Payout ratio−8.3%36.8%
Free cash flow$889.0M$650.5M
Equity$3.4B$5.6B
Net debt / equity0.79×0.38×
Current ratio4.31×0.99×
Revenue CAGR 5y29.5%9.2%
Profit CAGR 5y11.5%

PAG bills 1.6× the revenue of CVNA, and CVNA keeps more of each dollar of revenue as profit (6.9% against 2.9%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.

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Revenue by year

10 years side by side

Fiscal year CVNA PAG
FY2025$20.3B$31.8B
FY2024$13.7B$31.9B
FY2023$10.8B$30.9B
FY2022$13.6B$27.8B
FY2021$12.8B$25.6B
FY2020$5.6B$20.4B
FY2019$3.9B$23.2B
FY2018$2.0B$22.8B
FY2017$858.9M$21.4B
FY2016$365.1M$20.1B
Net income by year

Bottom line

Fiscal year CVNA PAG
FY2025$1.4B$935.4M
FY2024$210.0M$968.9M
FY2023$450.0M$1.1B
FY2022$-1.6B$1.4B
FY2021$-135.0M$1.2B
FY2020$-171.0M$543.6M
FY2019$-115.0M$435.8M
FY2018$-55.5M$471.0M
FY2017$-62.8M$613.3M
FY2016$-93.1M$342.9M
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