Company / Return on Equity (ROE)
Carvana Return on Equity (ROE) History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Equity (ROE)
40.9%
FY2025
5-year range
-44.1% / 185.2%
FY2021-FY2025
Trend
+145.3%
vs FY2024
Sector context
#27 of 195
Consumer Discretionary
What the data says
Carvana's return on equity (roe) of 40.9% is higher than 86% of companies in the Consumer Discretionary sector (FY2025). Return on Equity (ROE) has fluctuated over the past 8 years, ranging from -117.2% in FY2019 to 185.2% in FY2023.
Based on SEC 10-K filings.
40.9% in FY2025 with a 5-year CAGR of +85.0%. Top quartile in the Consumer Discretionary sector.
Declined from 185.2% to 40.9% over the past 2 years.
Consumer Discretionary sector context is included.
Return on Equity (ROE) over time
Growth rates
- 3-Year Change
- -
- 5-Year Change
- +85.0pp
- 10-Year Change
- -
Sector benchmark
+325.8% above sector average
Key checks
Key Insights
- In FY2025, return on equity (roe) increased 145.3% year-over-year.
- Currently 31.3pp above the Consumer Discretionary sector average.
- Peak return on equity (roe) was recorded in FY2023.
- Lowest return on equity (roe) in the period was in FY2019.
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 | Return on Equity (ROE)Value | YoY GrowthYoY |
|---|---|---|
| FY2025 | 40.9% | +145.3% |
| FY2024 | 16.7% | -91.0% |
| FY2023 | 185.2% | - |
| FY2022 | - | - |
| FY2021 | -44.1% | -0.1% |
| FY2020 | -44.1% | +62.4% |
| FY2019 | -117.2% | -68.4% |
| FY2018 | -69.6% | -39.3% |
| FY2017 | -50.0% | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026