Company / Interest Expense
Carvana Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$632.0M
FY2023
5-year range
$176.0M / $632.0M
FY2019-FY2023
Trend
+30.0%
vs FY2022
Sector context
#4 of 63
Consumer Discretionary
What the data says
Among 63 Consumer Discretionary companies, Carvana is in the bottom 6% for interest expense. Interest Expense has increased for 7 consecutive years, from $4M in FY2016 to $632M in FY2023.
Based on SEC 10-K filings.
$632M in FY2023 with a 5-year CAGR of +90.8%. Top quartile in the Consumer Discretionary sector.
Increased from $176M to $632M over the past 2 years.
Consumer Discretionary sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- +69.0%
- 5-Year CAGR
- +90.8%
- 10-Year CAGR
- -
Sector benchmark
+260.4% above sector average
Key checks
Key Insights
- Carvana's interest expense has grown for 7 consecutive years.
- 5-year CAGR of +90.8%, indicating consistent growth.
- In FY2023, interest expense increased 30.0% year-over-year.
- Ranks #4 out of 63 companies in the Consumer Discretionary sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $632.0M | +30.0% |
| FY2022 | $486.0M | +176.1% |
| FY2021 | $176.0M | +34.4% |
| FY2020 | $131.0M | +61.7% |
| FY2019 | $81.0M | +223.8% |
| FY2018 | $25.0M | +226.6% |
| FY2017 | $7.7M | +113.5% |
| FY2016 | $3.6M | +154.0% |
As of FY2023 · SEC 10-K · Updated Feb 28, 2026