CARG
Price:
$35.86
Market Cap:
$3.62B
CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. It operates through two segments, U.S. Marketplace and Digital Wholesale. The company provides an online automotive marketplace that allows customers to search for new and used car listings from its dealers; and connects dealers to a large audience of informed and engaged consumers while providing dealers with actionable data-based insights. It also offers Digital Deal which allows shoppers to start purchase from a VDP on eligible listings that provides them with purchase options; Finance in Advance, where eligible consumers can pre-qualify for financing on cars fro...[Read more]
Industry
Auto - Dealerships
IPO Date
2017-10-12
Stock Exchange
NASDAQ
Ticker
CARG
According to CarGurus, Inc.’s latest financial reports and current stock price. The company's current ROE is 34.65%. This represents a change of 293.47% compared to the average of 8.81% of the last 4 quarters.
The mean historical ROE of CarGurus, Inc. over the last ten years is 14.47%. The current 34.65% ROE has changed 139.37% with respect to the historical average. Over the past ten years (40 quarters), CARG's ROE was at its highest in in the June 2018 quarter at 19.99%. The ROE was at its lowest in in the June 2024 quarter at -15.20%.
Average
14.47%
Median
13.40%
Minimum
-2.86%
Maximum
33.57%
Discovering the peaks and valleys of CarGurus, Inc. ROE, 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 = 223.11%
Maximum Annual ROE = 33.57%
Minimum Annual Increase = -451.24%
Minimum Annual ROE = -2.86%
| Year | ROE | Change |
|---|---|---|
| 2024 | 3.87% | -23.22% |
| 2023 | 5.04% | -80.89% |
| 2022 | 26.38% | 24.80% |
| 2021 | 21.14% | 1.82% |
| 2020 | 20.76% | 26.51% |
| 2019 | 16.41% | -51.13% |
| 2018 | 33.57% | 223.11% |
| 2017 | 10.39% | 3.52% |
| 2016 | 10.04% | -451.24% |
The current ROE 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
11.76%
5-year avg
15.44%
10-year avg
14.47%
CarGurus, Inc.’s ROE is less than Rush Enterprises, Inc. (12.64%), less than OPENLANE, Inc. (12.27%), greater than Garrett Motion Inc. (-43.50%), less than Patrick Industries, Inc. (10.52%), less than Harley-Davidson, Inc. (15.17%), greater than Rh (-85.76%), less than The RealReal, Inc. (19.49%), less than Red Rock Resorts, Inc. (107.49%), greater than Polaris Inc. (-12.48%),
| Company | ROE | Market cap |
|---|---|---|
| 12.64% | $4.21B | |
| 12.27% | $2.74B | |
| -43.50% | $3.42B | |
| 10.52% | $3.56B | |
| 15.17% | $2.92B | |
| -85.76% | $3.00B | |
| 19.49% | $4.12B | |
| 107.49% | $3.33B | |
| -12.48% | $3.70B |
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What is the 5-year average ROE for CarGurus, Inc. (CARG)?
How does the current ROE for CarGurus, Inc. (CARG) compare to its historical average?