Company / Free Cash Flow
Carvana Free Cash Flow History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Free Cash Flow
$889.0M
FY2025
5-year range
-$3.2B / $889.0M
FY2021-FY2025
Trend
+7.5%
vs FY2024
Sector context
#39 of 211
Consumer Discretionary
What the data says
Carvana's free cash flow of $889M is higher than 82% of companies in the Consumer Discretionary sector (FY2025). Free Cash Flow has increased for 4 consecutive years, from -$3.2B in FY2021 to $889M in FY2025.
Based on SEC 10-K filings.
$889M in FY2025. Top quartile in the Consumer Discretionary sector.
Improved from $716M to $889M over the past 2 years.
Consumer Discretionary sector context is included.
Free Cash Flow over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 18% in Consumer DiscretionaryTop 18% of 211This company $889.0M Sector average $798.9M
▼
+11.3% above sector average
Key checks
Key Insights
- Carvana's free cash flow has grown for 4 consecutive years.
- In FY2025, free cash flow increased 7.5% year-over-year.
- Ranks #39 out of 211 companies in the Consumer Discretionary sector.
- Lowest free cash flow in the period was in FY2021.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
- Strong return on equity: 37.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Free Cash FlowValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $889.0M | +7.5% |
| FY2024 | $827.0M | +15.5% |
| FY2023 | $716.0M | +139.0% |
| FY2022 | -$1.8B | +41.7% |
| FY2021 | -$3.2B | -225.5% |
| FY2020 | -$968.0M | +2.0% |
| FY2019 | -$988.0M | -77.1% |
| FY2018 | -$558.0M | -100.4% |
| FY2017 | -$278.4M | +0.5% |
| FY2016 | -$279.8M | -314.7% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026