Company / Operating Margin
CarGurus Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
27.0%
FY2025
5-year range
6.6% / 27.0%
FY2021-FY2025
Trend
+36.9%
vs FY2024
Sector context
#5 of 62
Communication Services
What the data says
Among 62 Communication Services companies, CarGurus is in the top 8% for operating margin. Operating Margin has increased for 3 consecutive years, from 6.6% in FY2022 to 27.0% in FY2025.
Based on SEC 10-K filings.
27.0% in FY2025 with a 5-year CAGR of +9.2%. Top quartile in the Communication Services sector.
Improved from 17.2% to 27.0% over the past 2 years.
Communication Services sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +20.4pp
- 5-Year Change
- +9.2pp
- 10-Year Change
- -
Sector benchmark
+750.4% above sector average
Key checks
Key Insights
- CarGurus's operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 36.9% year-over-year.
- Currently 23.8pp above the Communication Services sector average.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 40.5%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 27.0% | +36.9% |
| FY2024 | 19.7% | +14.3% |
| FY2023 | 17.2% | +163.1% |
| FY2022 | 6.6% | -58.0% |
| FY2021 | 15.6% | -12.1% |
| FY2020 | 17.7% | +204.1% |
| FY2019 | 5.8% | +14.1% |
| FY2018 | 5.1% | -77.6% |
| FY2017 | 22.8% | +426.9% |
| FY2016 | 4.3% | +268.7% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026