CarGurus Past Earnings Performance
Past criteria checks 2/6
CarGurus has been growing earnings at an average annual rate of 20.1%, while the Interactive Media and Services industry saw earnings growing at 4% annually. Revenues have been growing at an average rate of 23.1% per year. CarGurus's return on equity is 3.6%, and it has net margins of 3.4%.
Key information
20.1%
Earnings growth rate
19.1%
EPS growth rate
| Interactive Media and Services Industry Growth | 6.2% |
| Revenue growth rate | 23.1% |
| Return on equity | 3.6% |
| Net Margin | 3.4% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
CarGurus: Repositioned For Growth
Apr 14Subdued Growth No Barrier To CarGurus, Inc.'s (NASDAQ:CARG) Price
Apr 03
CarGurus: Finally Getting Back On Its Feet, Buy Before Q4 Earnings (Rating Upgrade)
Jan 30Returns At CarGurus (NASDAQ:CARG) Appear To Be Weighed Down
Jan 03CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 48% Below Their Intrinsic Value Estimate
Dec 12What Does CarGurus, Inc.'s (NASDAQ:CARG) Share Price Indicate?
Nov 14Is Now An Opportune Moment To Examine CarGurus, Inc. (NASDAQ:CARG)?
Aug 09CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger
Jul 15When Should You Buy CarGurus, Inc. (NASDAQ:CARG)?
May 11CarGurus (NASDAQ:CARG) Has Some Way To Go To Become A Multi-Bagger
Apr 14CarGurus (NASDAQ:CARG) Could Be Struggling To Allocate Capital
Jan 01Revenue Downgrade: Here's What Analysts Forecast For CarGurus, Inc. (NASDAQ:CARG)
Nov 09CarGurus: Intriguing At All-Time Lows
Oct 12CarGurus selects Amazon Web Services as global cloud infrastructure provider
Oct 03CarGurus launches Instant Max Cash Offer to four additional states
Aug 18Returns On Capital At CarGurus (NASDAQ:CARG) Have Hit The Brakes
Aug 01CarGurus: The Horizon Is Murkier, But This Stock Is Still Cheap
Jul 08CarGurus: Cheap Considering The Transformation Brought By CarOffer
Apr 26CarGurus (NASDAQ:CARG) Is Achieving High Returns On Its Capital
Apr 17CarGurus: The Turnaround Is Here
Apr 16CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 36% Below Their Intrinsic Value Estimate
Mar 21Analysts Are Betting On CarGurus, Inc. (NASDAQ:CARG) With A Big Upgrade This Week
Feb 26CarGurus 2.0: Rapid Subsidiary Growth Is Transforming The Business And Will Lead To A Rerating
Jan 31Should You Investigate CarGurus, Inc. (NASDAQ:CARG) At US$31.17?
Jan 19CarGurus: In A Value Market, This Stock Shines
Jan 18If You Like EPS Growth Then Check Out CarGurus (NASDAQ:CARG) Before It's Too Late
Jan 04CarGurus, Inc. (NASDAQ:CARG) Shares Could Be 29% Above Their Intrinsic Value Estimate
Dec 20We Think CarGurus (NASDAQ:CARG) Might Have The DNA Of A Multi-Bagger
Nov 22Revenue & Expenses BreakdownBeta
How CarGurus makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 914 | 31 | 457 | 146 |
| 30 Sep 23 | 978 | 214 | 379 | 141 |
| 30 Jun 23 | 1,185 | 299 | 366 | 136 |
| 31 Mar 23 | 1,456 | 272 | 390 | 130 |
| 31 Dec 22 | 1,655 | 194 | 410 | 124 |
| 30 Sep 22 | 1,708 | -45 | 458 | 119 |
| 30 Jun 22 | 1,504 | -123 | 457 | 116 |
| 31 Mar 22 | 1,211 | -85 | 420 | 112 |
| 31 Dec 21 | 951 | 0 | 388 | 106 |
| 30 Sep 21 | 764 | 105 | 353 | 99 |
| 30 Jun 21 | 688 | 108 | 338 | 94 |
| 31 Mar 21 | 565 | 87 | 298 | 88 |
| 31 Dec 20 | 551 | 78 | 319 | 86 |
| 30 Sep 20 | 558 | 66 | 349 | 84 |
| 30 Jun 20 | 561 | 43 | 389 | 81 |
| 31 Mar 20 | 611 | 42 | 451 | 77 |
| 31 Dec 19 | 589 | 42 | 444 | 69 |
| 30 Sep 19 | 557 | 41 | 427 | 65 |
| 30 Jun 19 | 526 | 45 | 408 | 60 |
| 31 Mar 19 | 491 | 72 | 382 | 55 |
| 31 Dec 18 | 454 | 65 | 355 | 48 |
| 30 Sep 18 | 419 | 55 | 334 | 42 |
| 30 Jun 18 | 382 | 42 | 310 | 35 |
| 31 Mar 18 | 348 | 11 | 282 | 28 |
| 31 Dec 17 | 317 | 7 | 259 | 22 |
| 30 Sep 17 | 287 | -22 | 232 | 17 |
| 30 Jun 17 | 257 | -22 | 207 | 15 |
| 31 Mar 17 | 227 | -24 | 186 | 13 |
| 31 Dec 16 | 198 | -26 | 167 | 11 |
| 31 Dec 15 | 99 | -18 | 88 | 8 |
Quality Earnings: CARG has high quality earnings.
Growing Profit Margin: CARG's current net profit margins (3.4%) are lower than last year (11.7%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CARG's earnings have grown significantly by 20.1% per year over the past 5 years.
Accelerating Growth: CARG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CARG had negative earnings growth (-83.9%) over the past year, making it difficult to compare to the Interactive Media and Services industry average (31.9%).
Return on Equity
High ROE: CARG's Return on Equity (3.6%) is considered low.