How much revenue did CarGurus generate this year?
CarGurus has achieved a revenue of 901.58 M USD this year.
CarGurus Revenue 2024
CarGurus Revenue
901.58 M USD
Ticker
CARG
ISIN
US1417881091
WKN
A2DX5H
In 2024, CarGurus's sales reached 901.58 M USD, a -1.38% difference from the 914.24 M USD sales recorded in the previous year.
The CarGurus Revenue history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) |
|---|---|---|
| 2029e | 2.17 | 29,97 |
| 2028e | 1.88 | 34,56 |
| 2027e | 1.5 | 43,55 |
| 2026e | 1.08 | 60,43 |
| 2025e | 0.98 | 66,56 |
| 2024e | 0.9 | 72,26 |
| 2023 | 0.91 | 71,26 |
| 2022 | 1.66 | 39,73 |
| 2021 | 0.95 | 69,10 |
| 2020 | 0.55 | 92,24 |
| 2019 | 0.59 | 93,84 |
| 2018 | 0.45 | 94,54 |
| 2017 | 0.32 | 94,45 |
| 2016 | 0.2 | 95,20 |
| 2015 | 0.1 | 95,74 |
CarGurus Revenue, EBIT, Net Income US1417881091 · A2DX5H
3 years
5 years
10 years
25 Years
Max
Revenue
EBIT
Net Income
Details
Revenue, EBIT and Profit
ⓘUnderstanding Revenue, EBIT, and Income
Gain insights into CarGurus, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by CarGurus from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects CarGurus’s net earnings, an ultimate measure of its financial health and profitability.
Yearly Analysis and Comparisons
Observe the yearly bars to understand the annual performance and growth of CarGurus. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.
Utilizing Expectations for Investment
The expected values for the forthcoming years offer investors a glimpse into CarGurus’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.
Investment Insights
Leveraging the comparison between Revenue and EBIT helps in assessing CarGurus’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on CarGurus’s growth potential.
CarGurus Revenue, EBIT and net profit per share
| Date | CarGurus Revenue | CarGurus EBIT | CarGurus Net Income |
|---|---|---|---|
| 2029e | 2.17 B undefined | 0 undefined | 690.62 M undefined |
| 2028e | 1.88 B undefined | 0 undefined | 502.94 M undefined |
| 2027e | 1.5 B undefined | 0 undefined | 365.87 M undefined |
| 2026e | 1.08 B undefined | 230.38 M undefined | 234.18 M undefined |
| 2025e | 978.7 M undefined | 214.48 M undefined | 199.26 M undefined |
| 2024e | 901.58 M undefined | 188.76 M undefined | 173.53 M undefined |
| 2023 | 914.24 M undefined | 32.63 M undefined | 31.1 M undefined |
| 2022 | 1.66 B undefined | 108.5 M undefined | 193.8 M undefined |
| 2021 | 951.4 M undefined | 148.3 M undefined | -200,000 undefined |
| 2020 | 551.5 M undefined | 97.8 M undefined | 77.6 M undefined |
| 2019 | 588.9 M undefined | 34.3 M undefined | 42.1 M undefined |
| 2018 | 454.1 M undefined | 23.2 M undefined | 65.2 M undefined |
| 2017 | 316.9 M undefined | 15.3 M undefined | 7.1 M undefined |
| 2016 | 198.1 M undefined | 8.6 M undefined | -25.6 M undefined |
| 2015 | 98.6 M undefined | -2.5 M undefined | -17.6 M undefined |
| Revenue | EBIT | Net Income | |
|---|---|---|---|
| 2015 | 98.6 M USD | -2.5 M USD | -17.6 M USD |
| 2016 | 198.1 M USD | 8.6 M USD | -25.6 M USD |
| 2017 | 316.9 M USD | 15.3 M USD | 7.1 M USD |
| 2018 | 454.1 M USD | 23.2 M USD | 65.2 M USD |
| 2019 | 588.9 M USD | 34.3 M USD | 42.1 M USD |
| 2020 | 551.5 M USD | 97.8 M USD | 77.6 M USD |
| 2021 | 951.4 M USD | 148.3 M USD | -200,000 USD |
| 2022 | 1.66 B USD | 108.5 M USD | 193.8 M USD |
| 2023 | 914.24 M USD | 32.63 M USD | 31.1 M USD |
| 2024e | 901.58 M USD | 188.76 M USD | 173.53 M USD |
| 2025e | 978.7 M USD | 214.48 M USD | 199.26 M USD |
| 2026e | 1.08 B USD | 230.38 M USD | 234.18 M USD |
| 2027e | 1.5 B USD | 0 USD | 365.87 M USD |
| 2028e | 1.88 B USD | 0 USD | 502.94 M USD |
| 2029e | 2.17 B USD | 0 USD | 690.62 M USD |
CarGurus stock margins US1417881091 · A2DX5H
The CarGurus margin analysis displays the gross margin, EBIT margin, as well as the profit margin of CarGurus. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for CarGurus.
3 years
5 years
10 years
25 Years
Max
Gross margin
EBIT margin
Profit margin
Details
Margin
ⓘUnderstanding Gross Margin
The gross margin, expressed as a percentage, delineates the gross profit made from the CarGurus's sales revenue. A higher gross margin percentage indicates that the CarGurus retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.
EBIT Margin Analysis
EBIT margin represents the CarGurus's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.
Revenue Margin Insights
The revenue margin demonstrates the CarGurus's total revenue generated. When comparing the revenue margin year over year, investors can gauge the CarGurus's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.
Interpreting Expectations
The expected values for gross, EBIT, and revenue margins provide future financial outlook of the CarGurus. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.
Comparative Analysis
Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the CarGurus's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.
CarGurus Margin History
| CarGurus Gross margin | CarGurus Profit margin | CarGurus EBIT margin | CarGurus Profit margin |
|---|---|---|---|
| 2029e | 71.26 % | 0 % | 31.77 % |
| 2028e | 71.26 % | 0 % | 26.68 % |
| 2027e | 71.26 % | 0 % | 24.46 % |
| 2026e | 71.26 % | 21.37 % | 21.72 % |
| 2025e | 71.26 % | 21.91 % | 20.36 % |
| 2024e | 71.26 % | 20.94 % | 19.25 % |
| 2023 | 71.26 % | 3.57 % | 3.4 % |
| 2022 | 39.73 % | 6.56 % | 11.71 % |
| 2021 | 69.1 % | 15.59 % | -0.02 % |
| 2020 | 92.24 % | 17.73 % | 14.07 % |
| 2019 | 93.84 % | 5.82 % | 7.15 % |
| 2018 | 94.54 % | 5.11 % | 14.36 % |
| 2017 | 94.45 % | 4.83 % | 2.24 % |
| 2016 | 95.2 % | 4.34 % | -12.92 % |
| 2015 | 95.74 % | -2.54 % | -17.85 % |
| Gross margin | EBIT margin | Profit margin | |
|---|---|---|---|
| 2015 | 95.74 % | -2.54 % | -17.85 % |
| 2016 | 95.2 % | 4.34 % | -12.92 % |
| 2017 | 94.45 % | 4.83 % | 2.24 % |
| 2018 | 94.54 % | 5.11 % | 14.36 % |
| 2019 | 93.84 % | 5.82 % | 7.15 % |
| 2020 | 92.24 % | 17.73 % | 14.07 % |
| 2021 | 69.1 % | 15.59 % | -0.02 % |
| 2022 | 39.73 % | 6.56 % | 11.71 % |
| 2023 | 71.26 % | 3.57 % | 3.4 % |
| 2024e | 71.26 % | 20.94 % | 19.25 % |
| 2025e | 71.26 % | 21.91 % | 20.36 % |
| 2026e | 71.26 % | 21.37 % | 21.72 % |
| 2027e | 71.26 % | 0 % | 24.46 % |
| 2028e | 71.26 % | 0 % | 26.68 % |
| 2029e | 71.26 % | 0 % | 31.77 % |
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.Revenue Details
Understanding CarGurus's Sales Figures
The sales figures of CarGurus originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.
Year-to-Year Comparison
Analyzing CarGurus’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.
Impact on Investments
Investors often scrutinize CarGurus's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.
Interpreting Sales Fluctuations
Increases in CarGurus’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.
Frequently Asked Questions about CarGurus stock
How much was the turnover of the company CarGurus compared to the previous year?
The revenue of CarGurus has increased by -1.38% decreased compared to the previous year.
What does revenue mean for investors?
The revenue of a company is an important indicator of its financial performance and attractiveness for investors.
Which factors influence the revenue of CarGurus?
The revenue of CarGurus is influenced by various factors, including the demand for its products and services, market conditions, and prices.
How is the revenue of CarGurus measured?
Revenue is typically measured in units referring to the sale of goods and services provided by the company.
How does an increase in sales affect investments?
An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.
What are the possible risks associated with a declining revenue?
A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.
Why is the sales revenue of CarGurus so important for investors?
The revenue of CarGurus is an important indicator of financial performance and attractiveness for investors.
What strategic measures can a company take to increase revenue?
A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.
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.
Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.
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.
