Carvana Co.

NYSE:CVNA Stock Report

Market Cap: US$45.4b

Carvana Management

Management criteria checks 4/4

Carvana's CEO is Ernie Garcia, appointed in Jan 2012, has a tenure of 12.92 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 $921.99M. The average tenure of the management team and the board of directors is 9.8 years and 7.6 years respectively.

Key information

Ernie Garcia

Chief executive officer

US$6.5m

Total compensation

CEO salary percentage14.1%
CEO tenure12.9yrs
CEO ownership2.0%
Management average tenure9.8yrs
Board average tenure7.6yrs

Recent management updates

Recent updates

Is Carvana Co. (NYSE:CVNA) Trading At A 43% Discount?

Dec 26
Is Carvana Co. (NYSE:CVNA) Trading At A 43% Discount?

Carvana (NYSE:CVNA) Is Experiencing Growth In Returns On Capital

Dec 08
Carvana (NYSE:CVNA) Is Experiencing Growth In Returns On Capital

Carvana: A Major Reason You Should Avoid This Overpriced Stock

Dec 04

The Art Of Being A Contrarian With Courage & Conviction Investing

Nov 21

Carvana's Rally: A Test Drive Worth Skipping

Nov 11

Carvana Is Insanely Overvalued

Oct 09

Carvana's Growth Story May Be Muted By Macroeconomic Forces

Sep 25

Carvana: I Was Wrong In 2022, But My Buyside Analyst Friend Got It Right (Rating Upgrade)

Sep 04

Carvana: Time To Sell The Earnings Rally (Rating Downgrade)

Aug 01

Carvana: A Promising Investment In The Used Car Market

Jul 25

Carvana: Navigating Long-Term Sustainability After PIK Deferral Ends

Jun 24

Carvana: Terrific Execution, But Trading At Risky Levels

Jun 17

Carvana Isn't A Buy Now, But It Belongs On Your Watchlist

May 21

Carvana: The Value And Momentum Trade Is Essentially Over

May 15

Carvana: The Squeeze Is Over (Rating Downgrade)

May 02

Carvana: Still Driving On The Edge With A Heavy Debt Load

Apr 23

Carvana: Hold On, Wait A Minute (Rating Upgrade)

Apr 17

Carvana, Vroom, BuzzFeed, Encore Wire - Getting Paid To Take Risks With Courage & Conviction Investing

Apr 04

Carvana Still Has A Tough Road Ahead

Mar 19

Carvana Earnings: My Unshakable Bullish Perspective, Now Less Controversial

Feb 23

Carvana Q4 Earnings Preview: Expect A Big Move In The Stock

Feb 15

Carvana: There Are Better Opportunities On The Market

Jan 29

Carvana: Time To Bail Before The Juice Runs Out (Downgrade)

Jan 12

Carvana: Mini 2021 All Over Again

Dec 06

Carvana: Optically Appealing Earnings, But It's Headed For Bankruptcy

Nov 07

Carvana: Sell On Rallies Amid Persistent Technical Weakness

Oct 31

Carvana Stock: Bulls And Bears Might Lose Big

Oct 13

Carvana: Improving Setup (Rating Upgrade)

Sep 30

Carvana: Price Too High And Short Interest Is Justified

Sep 14

Carvana: It Is Not That Simple

Aug 26

Carvana: Debt Restructuring A Cause For Misplaced Turnaround Hopes

Jul 26

Carvana Debt Swap: That Wasn't Good News

Jul 19

Unveiling Carvana's Surge (Rating Downgrade)

Jul 13

Carvana: Despite Short Squeeze Roller Coaster, The Ride Ends At $0

Jun 30

Carvana: Don't Be Fooled By The Recent Profit Forecast

Jun 20

Carvana: Doubt To Dough, How Changing Your Mind Makes You Money

Jun 08

3 Stocks On The Chopping Block: Carvana, Hanes, And Warby Parker

Feb 24

Saga Partners - Carvana: The Key Debate

Feb 17

Carvana Bondholders Are Bailing

Jan 31

Carvana: Why Millennials Should Make A Small Investment Now

Jan 13

Carvana: Too Risky To Invest

Dec 22

Carvana: A Great Contrarian Investing Opportunity

Dec 06

Carvana Stock: There Are Gains To Be Made

Nov 11

Carvana: Single Digits Now Possible

Nov 04

Carvana Crashes Into Zombie Territory Just In Time For Halloween

Oct 21

Carvana: Analysts Got This Wrong

Sep 23

Carvana: Our Response To Piper Sandler's Upgrade

Sep 14

Carvana's ADESA introduces EV condition report feature

Sep 07

Saga Partners - Carvana: Dominant Online Used Car Retailer Far Into The Future

Aug 30

Carvana launches co-signer financing option across Florida

Aug 22

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

Sep 30 2018n/an/a

-US$90m

Jun 30 2018n/an/a

-US$77m

Mar 31 2018n/an/a

-US$70m

Dec 31 2017US$416kUS$400k

-US$64m

Compensation vs Market: Ernie's total compensation ($USD6.45M) is below average for companies of similar size in the US market ($USD12.86M).

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

CEO

Ernie Garcia (41 yo)

12.9yrs

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-Founder12.9yrsUS$6.45m2.03%
$ 922.0m
Benjamin Huston
Co-Founder & COO12.9yrsUS$6.44m0.096%
$ 43.5m
Mark Jenkins
Chief Financial Officer10.4yrsUS$6.44m0.075%
$ 34.0m
Daniel Gill
Chief Product Officer9.8yrsUS$5.79m0.084%
$ 38.0m
Thomas Taira
President of Special Projects6.2yrsUS$4.11m0.089%
$ 40.4m
Ryan Keeton
Co-Founder & Chief Brand Officer12.9yrsUS$1.73m0.088%
$ 39.8m
Stephen Palmer
Vice President of Accounting & Finance5.4yrsno data0.0090%
$ 4.1m
Michael McKeever
Head of Capital Marketsno datano datano data
Paul Breaux
VP, General Counsel & Secretary9.3yrsUS$2.01m0.058%
$ 26.3m
Christina Keiser
Executive Vice President of Strategy1.9yrsno datano data

9.8yrs

Average Tenure

43yo

Average Age

Experienced Management: CVNA's management team is seasoned and experienced (9.8 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ernest Garcia
Co-Founder7.9yrsUS$6.45m2.03%
$ 922.0m
Michael Maroone
Lead Independent Director7.6yrsUS$361.31k0.13%
$ 60.5m
Gregory Sullivan
Independent Director7.6yrsUS$335.31k0.038%
$ 17.1m
James Danforth Quayle
Independent Director7.6yrsUS$306.50k0.037%
$ 16.9m
Ira Platt
Independent Director7.6yrsUS$335.31k0.071%
$ 32.1m
Neha Parikh
Independent Director5.7yrsUS$349.79k0.027%
$ 12.3m

7.6yrs

Average Tenure

62.5yo

Average Age

Experienced Board: CVNA's board of directors are considered experienced (7.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 05:07
End of Day Share Price 2024/12/30 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

Carvana Co. is covered by 45 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