Carvana Co.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | 1.0% | — | -28.2% |
| FY2016 | 5.3% | — | -25.5% |
| FY2017 | 7.9% | — | -7.3% |
| FY2018 | 10.1% | — | -2.8% |
| FY2019 | 12.9% | — | -2.9% |
| FY2020 | 14.2% | — | -3.1% |
| FY2021 | 15.1% | — | -1.1% |
| FY2022 | 9.2% | -17.3% | -11.7% |
| FY2023 | 16.0% | -0.7% | 4.2% |
| FY2024 | 21.0% | 7.2% | 1.5% |