CarGurus, Inc.

CarGurus, Inc. - Current Ratioverified

CARG

Price:

$30.02

Market Cap:

$2.90B

CarGurus, Inc., established in Boston, Massachusetts, in 2005, manages a prominent online ecosystem for vehicle transactions, serving both buyers and sellers across the United States and internationally. The company's operations are divided into two main segments: the U.S. Marketplace and Digital Wholesale. Essentially, CarGurus offers an expansive digital automotive marketplace where individuals can search for new and pre-owned vehicle listings from numerous dealerships. Simultaneously, it empowers dealers by linking them with a vast, engaged consumer base and supplying them with practical, data-driven market intelligence. The platform provides an array of specialized features to simplify t...[Read more]

Industry

Auto - Dealerships

IPO Date

2017-10-12

Stock Exchange

NASDAQ

Ticker

CARG

The Current Ratio as of June 2026 (TTM) for CarGurus, Inc. (CARG) is 1.65

According to CarGurus, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.65. This represents a change of -37.14% compared to the average of 2.63 of the last 4 quarters.

CarGurus, Inc. (CARG) Historical Current Ratio (quarterly & annually)

How has CARG Current Ratio performed in the past?

The mean historical Current Ratio of CarGurus, Inc. over the last ten years is 3.70. The current 1.65 Current Ratio has changed 4.37% with respect to the historical average. Over the past ten years (40 quarters), CARG's Current Ratio was at its highest in in the December 2022 quarter at 5.65. The Current Ratio was at its lowest in in the June 2016 quarter at 0.

Quarterly (TTM)
Annual

Average

3.70

Median

3.35

Minimum

2.81

Maximum

5.65

CarGurus, Inc. (CARG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of CarGurus, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 71.14%

Maximum Annual Current Ratio = 5.65

Minimum Annual Increase = -39.84%

Minimum Annual Current Ratio = 2.81

Quarterly (TTM)
Annual
YearCurrent RatioChange
20252.81-33.06%
20244.2023.78%
20233.40-39.84%
20225.6571.14%
20213.30-33.89%
20204.9968.08%
20192.97-3.26%
20183.07-16.13%
20173.6624.30%
20162.94-30.22%

CarGurus, Inc. (CARG) Average Current Ratio

How has CARG Current Ratio performed in the past?

The current Current Ratio of CarGurus, Inc. (CARG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

3.47

5-year avg

3.87

10-year avg

3.70

CarGurus, Inc. (CARG) Current Ratio vs. Peers

How is CARG’s Current Ratio compared to its peers?

CarGurus, Inc.’s Current Ratio is greater than Rush Enterprises, Inc. (1.46), greater than OPENLANE, Inc. (1.16), greater than Garrett Motion Inc. (0.98), less than Patrick Industries, Inc. (2.71), less than Harley-Davidson, Inc. (1.91), greater than Rh (1.13), greater than The RealReal, Inc. (0.84), greater than Red Rock Resorts, Inc. (0.81), greater than Polaris Inc. (1.21),

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