What is the equity of CarGurus this year?
CarGurus has equity of 616.85 M USD this year.
CarGurus Equity 2024
CarGurus Equity
616.85 M USD
Ticker
CARG
ISIN
US1417881091
WKN
A2DX5H
In 2024, CarGurus's equity was 616.85 M USD, a -16.03% increase from the 734.6 M USD equity in the previous year.
CarGurus Aktienanalyse
What does CarGurus do?
CarGurus Inc is an online automotive search engine that is known worldwide. The company was founded in 2006 by founder Langley Steinert and is headquartered in Cambridge, Massachusetts, USA. CarGurus Inc operates in North America, Europe, and Asia, serving customers in over 30 different countries. The history of CarGurus Inc began when Steinert was searching for a used car and had difficulty finding a reliable and transparent source of information on used vehicles. He found that many of the existing online car search engines provided unreliable or inaccurate information and often did not represent the best deals for buyers. So he decided to found CarGurus Inc and create a platform that provides transparent and reliable car search results. The business model of CarGurus Inc is based on providing information and tools that help buyers find the best price for a vehicle. The platform utilizes complex data analysis and algorithms to find the best deals on used vehicles. CarGurus Inc is free for buyers and does not directly sell cars, but earns money through advertising from car dealers and auto providers. CarGurus Inc operates two different divisions: car buyers and car dealers. For car buyers, the platform is a powerful search engine that brings together over 5 million used cars from dealers and individuals in an online database that is constantly updated. As the platform is operated by independent third parties, it provides buyers with independent reviews of dealers and all available options for buying cars. For car dealers, CarGurus Inc offers extensive tools and services to help make their listings more visible on the platform and achieve the highest benefit for them. Services for car dealers include advanced listing options, online leads, and analytical tools to track competitors. CarGurus Inc works with a variety of partners to create a more comprehensive experience for users. For example, CarGurus Inc is a partner of Accelerated Payment Technologies, a payment processor, and EFG Companies, a provider of insurance products. It also offers a mobile app for both OS, Android, and iOS operating systems, which provides a user-friendly interface for quickly and easily finding cars. Overall, CarGurus Inc has received over a billion dollars in funding from various investors, including Fidelity Ventures and TPG Capital. With these funds, the company will continue to develop its products and services and expand its reach in all areas. In summary, CarGurus Inc is one of the most well-known and fastest-growing companies in the online car search engine industry. The platform provides buyers with unique tools and features to get the best deal on a car and provides car dealers with an effective marketing tool for their listings on the platform. With its global presence and partnerships with various companies, CarGurus Inc will remain an important player in the industry in the future. CarGurus ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing CarGurus's Equity
CarGurus's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding CarGurus's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating CarGurus's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
CarGurus's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in CarGurus’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about CarGurus stock
What was the equity of CarGurus compared to the previous year?
The equity of CarGurus has increased/decreased by -16.03% decreased compared to the previous year.
What impact does a high equity have on investors of CarGurus?
A high equity is advantageous for investors of CarGurus as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of CarGurus?
A low equity can be a risk for investors of CarGurus, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of CarGurus affect the company?
An increase in equity of CarGurus can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of CarGurus affect the company?
A reduction in equity of CarGurus can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of CarGurus?
Some factors that can affect the equity of CarGurus include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of CarGurus so important for investors?
The equity of CarGurus is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can CarGurus take to change the equity?
To change equity, CarGurus can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does CarGurus pay?
Over the past 12 months, CarGurus paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, CarGurus is expected to pay a dividend of 0 USD.
What is the dividend yield of CarGurus?
The current dividend yield of CarGurus is .
When does CarGurus pay dividends?
CarGurus pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of CarGurus?
CarGurus paid dividends every year for the past 0 years.
What is the dividend of CarGurus?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is CarGurus located?
CarGurus is assigned to the 'Communication' sector.
Wann musste ich die Aktien von CarGurus kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of CarGurus from 9/17/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/17/2024.
When did CarGurus pay the last dividend?
The last dividend was paid out on 9/17/2024.
What was the dividend of CarGurus in the year 2023?
In the year 2023, CarGurus distributed 0 USD as dividends.
In which currency does CarGurus pay out the dividend?
The dividends of CarGurus are distributed in USD.
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Andere Kennzahlen von CarGurus
Our stock analysis for CarGurus Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CarGurus Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
