Carvana Cash Flow Statement
CVNA / Consumer Discretionary|11 years of annual SEC 10-K data (FY2015-FY2025)
Covers operating cash flow, capital expenditures, free cash flow, share buybacks, and dividends paid across 11 fiscal years. All figures from audited SEC 10-K filings.
Carvana generated $1.0B in operating cash flow and $889M in free cash flow in FY2025. Free cash flow margin was 4.4% of revenue.
Based on SEC 10-K filings.
Key Data Points
- Low earnings quality (accrual-heavy earnings)
- Strong return on equity: 37.7%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.4B | $210.0M | $450.0M | -$1.6B | -$135.0M | -$171.0M | -$115.0M | -$55.5M | -$62.8M | -$93.1M | -$36.8M |
| Operating Cash Flow | $1.0B | $918.0M | $803.0M | -$1.3B | -$2.6B | -$608.0M | -$757.0M | -$414.3M | -$199.9M | -$240.2M | -$53.5M |
| Capital Expenditures | $147.0M | $91.0M | $87.0M | $512.0M | $557.0M | $360.0M | $231.0M | $143.7M | $78.5M | $39.5M | $13.9M |
| Free Cash Flow | $889.0M | $827.0M | $716.0M | -$1.8B | -$3.2B | -$968.0M | -$988.0M | -$558.0M | -$278.4M | -$279.8M | -$67.5M |
| Dividends Paid | - | - | - | - | - | - | - | $4.6M | $0 | $0 | $33.5M |
| FCF Margin | 4.4% | 6.0% | 6.7% | -13.5% | -24.6% | -17.3% | -25.1% | -28.5% | -32.4% | - | - |