CARVANA CO. (CVNA) Return on equity 2017–2025
CARVANA CO. (CVNA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
40.9%FY2025 · since FY2017: -50.0% → 40.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 40.9% | +24.2 pp |
| FY2024 | 16.7% | -168.5 pp |
| FY2023 | 185.2% | — |
| FY2021 | -44.1% | -0.0 pp |
| FY2020 | -44.1% | +73.1 pp |
| FY2019 | -117.2% | -47.6 pp |
| FY2018 | -69.6% | -19.6 pp |
| FY2017 | -50.0% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice