CarGurus, Inc.

NasdaqGS:CARG Stock Report

Market Cap: US$3.7b

CarGurus Management

Management criteria checks 3/4

CarGurus' CEO is Jason Trevisan, appointed in Jan 2021, has a tenure of 3.92 years. total yearly compensation is $3.75M, comprised of 15.1% salary and 84.9% bonuses, including company stock and options. directly owns 0.56% of the company’s shares, worth $20.98M. The average tenure of the management team and the board of directors is 2.9 years and 6.5 years respectively.

Key information

Jason Trevisan

Chief executive officer

US$3.8m

Total compensation

CEO salary percentage15.1%
CEO tenure3.9yrs
CEO ownership0.6%
Management average tenure2.9yrs
Board average tenure6.5yrs

Recent management updates

Recent updates

CarGurus: Solid Monetization Strategy, But Upside Is Limited

Nov 21

CarGurus: Take Profits Here As U.S. Web Traffic Declines (Rating Downgrade)

Sep 09

CarGurus, Inc.'s (NASDAQ:CARG) Business Is Trailing The Industry But Its Shares Aren't

Aug 02
CarGurus, Inc.'s (NASDAQ:CARG) Business Is Trailing The Industry But Its Shares Aren't

CarGurus: The Rebound Rally Has Steam

Jun 25

Is CarGurus, Inc. (NASDAQ:CARG) Potentially Undervalued?

Apr 26
Is CarGurus, Inc. (NASDAQ:CARG) Potentially Undervalued?

CarGurus: Repositioned For Growth

Apr 14

Subdued Growth No Barrier To CarGurus, Inc.'s (NASDAQ:CARG) Price

Apr 03
Subdued Growth No Barrier To CarGurus, Inc.'s (NASDAQ:CARG) Price

CarGurus: Finally Getting Back On Its Feet, Buy Before Q4 Earnings (Rating Upgrade)

Jan 30

Returns At CarGurus (NASDAQ:CARG) Appear To Be Weighed Down

Jan 03
Returns At CarGurus (NASDAQ:CARG) Appear To Be Weighed Down

CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Dec 12
CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 48% Below Their Intrinsic Value Estimate

What Does CarGurus, Inc.'s (NASDAQ:CARG) Share Price Indicate?

Nov 14
What Does CarGurus, Inc.'s (NASDAQ:CARG) Share Price Indicate?

Is Now An Opportune Moment To Examine CarGurus, Inc. (NASDAQ:CARG)?

Aug 09
Is Now An Opportune Moment To Examine CarGurus, Inc. (NASDAQ:CARG)?

CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger

Jul 15
CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger

When Should You Buy CarGurus, Inc. (NASDAQ:CARG)?

May 11
When Should You Buy CarGurus, Inc. (NASDAQ:CARG)?

CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger

Apr 14
CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger

CarGurus (NASDAQ:CARG) Could Be Struggling To Allocate Capital

Jan 01
CarGurus (NASDAQ:CARG) Could Be Struggling To Allocate Capital

Revenue Downgrade: Here's What Analysts Forecast For CarGurus, Inc. (NASDAQ:CARG)

Nov 09
Revenue Downgrade: Here's What Analysts Forecast For CarGurus, Inc. (NASDAQ:CARG)

CarGurus: Intriguing At All-Time Lows

Oct 12

CarGurus selects Amazon Web Services as global cloud infrastructure provider

Oct 03

CarGurus launches Instant Max Cash Offer to four additional states

Aug 18

Returns On Capital At CarGurus (NASDAQ:CARG) Have Hit The Brakes

Aug 01
Returns On Capital At CarGurus (NASDAQ:CARG) Have Hit The Brakes

CEO Compensation Analysis

How has Jason Trevisan's remuneration changed compared to CarGurus's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$49m

Jun 30 2024n/an/a

-US$49m

Mar 31 2024n/an/a

US$36m

Dec 31 2023US$4mUS$565k

US$31m

Sep 30 2023n/an/a

US$214m

Jun 30 2023n/an/a

US$299m

Mar 31 2023n/an/a

US$272m

Dec 31 2022US$2mUS$556k

US$194m

Sep 30 2022n/an/a

-US$45m

Jun 30 2022n/an/a

-US$123m

Mar 31 2022n/an/a

-US$85m

Dec 31 2021US$19mUS$540k

-US$154k

Sep 30 2021n/an/a

US$105m

Jun 30 2021n/an/a

US$108m

Mar 31 2021n/an/a

US$87m

Dec 31 2020US$3mUS$383k

US$78m

Sep 30 2020n/an/a

US$66m

Jun 30 2020n/an/a

US$43m

Mar 31 2020n/an/a

US$42m

Dec 31 2019US$6mUS$380k

US$42m

Sep 30 2019n/an/a

US$41m

Jun 30 2019n/an/a

US$45m

Mar 31 2019n/an/a

US$72m

Dec 31 2018US$2mUS$360k

US$65m

Sep 30 2018n/an/a

US$55m

Jun 30 2018n/an/a

US$42m

Mar 31 2018n/an/a

US$11m

Dec 31 2017US$533kUS$350k

US$7m

Compensation vs Market: Jason's total compensation ($USD3.75M) is below average for companies of similar size in the US market ($USD6.67M).

Compensation vs Earnings: Jason's compensation has increased whilst the company is unprofitable.

CEO

Jason Trevisan (49 yo)

3.9yrs

Tenure

US$3,753,213

Compensation

Mr. Jason M. Trevisan serves as Chief Executive Officer and Director at CarGurus Inc. since January 18, 2021 and had been its Treasurer since July 2016 until January 2021. He served as the Chief Financial...

Leadership Team

NamePositionTenureCompensationOwnership
E. Steinert
Founder & Executive Chairman18.8yrsUS$2.51m15.42%
$ 576.3m
Jason Trevisan
CEO & Director3.9yrsUS$3.75m0.56%
$ 21.0m
Elisa Palazzo
CFO, Principal Financial Officer & Principal Accounting Officerless than a yearUS$2.10m0.081%
$ 3.0m
Matthew Quinn
Chief Technology Officer2.9yrsUS$2.62m0.062%
$ 2.3m
Zachary Hallowell
Chief Executive Officer of CarOfferless than a yearUS$3.28m0.12%
$ 4.6m
Samuel Zales
COO & President7.3yrsUS$13.26m0.26%
$ 9.7m
Kirndeep Singh
VP & Head of Investor Relationsno datano datano data
Javier Zamora
General Counsel & Corporate Secretary2.3yrsno data0.0056%
$ 210.4k
Dafna Sarnoff
Chief Marketing Officer3yrsUS$2.64m0.0073%
$ 274.3k
Jennifer Hanson
Chief People Officerless than a yearno datano data
Brad Rosenfeld
Executive Vice President of Digital Retail Commercialization3.7yrsno datano data
Ismail Elshareef
Chief Product Officerless than a yearno data0.000010%
$ 373.7

2.9yrs

Average Tenure

52yo

Average Age

Experienced Management: CARG's management team is considered experienced (2.9 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
E. Steinert
Founder & Executive Chairman18.8yrsUS$2.51m15.42%
$ 576.3m
Jason Trevisan
CEO & Director3.9yrsUS$3.75m0.56%
$ 21.0m
Stephen Kaufer
Independent Non-Employee Director17.5yrsUS$230.00k0.26%
$ 9.8m
Lori Hickok
Independent Director6.3yrsUS$235.00k0.024%
$ 896.4k
Greg Schwartz
Independent Director6.8yrsUS$225.00k0.0030%
$ 111.7k
Steven Conine
Independent Director6.5yrsUS$230.00k0.030%
$ 1.1m
Manik Gupta
Independent Director1.4yrsUS$105.70kno data

6.5yrs

Average Tenure

51yo

Average Age

Experienced Board: CARG's board of directors are considered experienced (6.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:46
End of Day Share Price 2024/12/20 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

CarGurus, Inc. is covered by 21 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Daniel KurnosBenchmark Company
Naved KhanB. Riley Securities, Inc.