Carvana Co.

BMV:CVNA * Stock Report

Market Cap: Mex$1.1t

Carvana Management

Management criteria checks 4/4

Carvana's CEO is Ernie Garcia, appointed in Jan 2012, has a tenure of 13.08 years. total yearly compensation is $6.45M, comprised of 14.1% salary and 85.9% bonuses, including company stock and options. directly owns 2.03% of the company’s shares, worth MX$21.99B. The average tenure of the management team and the board of directors is 9.9 years and 7.8 years respectively.

Key information

Ernie Garcia

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage14.1%
CEO tenure13.1yrs
CEO ownership2.0%
Management average tenure9.9yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ernie Garcia's remuneration changed compared to Carvana's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$17m

Jun 30 2024n/an/a

US$714m

Mar 31 2024n/an/a

US$638m

Dec 31 2023US$6mUS$912k

US$450m

Sep 30 2023n/an/a

-US$242m

Jun 30 2023n/an/a

-US$1b

Mar 31 2023n/an/a

-US$1b

Dec 31 2022US$6mUS$323k

-US$2b

Sep 30 2022n/an/a

-US$870m

Jun 30 2022n/an/a

-US$619m

Mar 31 2022n/an/a

-US$359m

Dec 31 2021US$5mUS$758k

-US$135m

Sep 30 2021n/an/a

-US$109m

Jun 30 2021n/an/a

-US$84m

Mar 31 2021n/an/a

-US$147m

Dec 31 2020US$3mUS$412k

-US$171m

Sep 30 2020n/an/a

-US$149m

Jun 30 2020n/an/a

-US$172m

Mar 31 2020n/an/a

-US$152m

Dec 31 2019US$3mUS$885k

-US$115m

Sep 30 2019n/an/a

-US$96m

Jun 30 2019n/an/a

-US$83m

Mar 31 2019n/an/a

-US$74m

Dec 31 2018US$2mUS$400k

-US$61m

Compensation vs Market: Ernie's total compensation ($USD6.45M) is about average for companies of similar size in the MX market ($USD5.57M).

Compensation vs Earnings: Ernie's compensation has been consistent with company performance over the past year.

CEO

Ernie Garcia (41 yo)

13.1yrs

Tenure

US$6,454,661

Compensation

Mr. Ernest C. Garcia, III, also known as Ernie, has been Chief Executive Officer and President at Carvana Group, LLC since 2012 and serves as its Chairman. Mr. Garcia Founded Carvana Co. in 2012 and has be...

Leadership Team

NamePositionTenureCompensationOwnership
Ernest Garcia
Co-Founder13.1yrsUS$6.45m2.03%
MX$ 22.0b
Benjamin Huston
Co-Founder & COO13.1yrsUS$6.44m0.097%
MX$ 1.1b
Mark Jenkins
Chief Financial Officer10.6yrsUS$6.44m0.076%
MX$ 824.1m
Daniel Gill
Chief Product Officer9.9yrsUS$5.79m0.085%
MX$ 916.8m
Thomas Taira
President of Special Projects6.3yrsUS$4.11m0.090%
MX$ 970.6m
Ryan Keeton
Co-Founder & Chief Brand Officer13.1yrsUS$1.73m0.098%
MX$ 1.1b
Stephen Palmer
Vice President of Accounting & Finance5.6yrsno data0.010%
MX$ 112.8m
Michael McKeever
Head of Capital Marketsno datano datano data
Paul Breaux
VP, General Counsel & Secretary9.5yrsUS$2.01m0.059%
MX$ 635.9m
Christina Keiser
Executive Vice President of Strategy2.1yrsno datano data

9.9yrs

Average Tenure

43yo

Average Age

Experienced Management: CVNA *'s management team is seasoned and experienced (9.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ernest Garcia
Co-Founder8.1yrsUS$6.45m2.03%
MX$ 22.0b
Michael Maroone
Lead Independent Director7.8yrsUS$361.31k0.15%
MX$ 1.6b
Gregory Sullivan
Independent Director7.8yrsUS$335.31k0.038%
MX$ 406.8m
James Danforth Quayle
Independent Director7.8yrsUS$306.50k0.038%
MX$ 406.5m
Ira Platt
Independent Director7.8yrsUS$335.31k0.071%
MX$ 770.7m
Neha Parikh
Independent Director5.8yrsUS$349.79k0.043%
MX$ 464.5m

7.8yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CVNA *'s board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 03:17
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Carvana Co. is covered by 47 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
Colin SebastianBaird
Ishan MajumdarBaptista Research