cargurus inc. - CARG

CARG

Close Chg Chg %
36.02 -0.16 -0.44%

Pre-Market

35.86

-0.16 (0.44%)

Volume: 1.22M

Last Updated:

Dec 4, 2025, 4:00 PM EDT

Company Overview: cargurus inc. - CARG

CARG Key Data

Open

$36.13

Day Range

35.53 - 36.26

52 Week Range

24.65 - 41.33

Market Cap

$3.44B

Shares Outstanding

95.45M

Public Float

77.93M

Beta

1.42

Rev. Per Employee

N/A

P/E Ratio

24.07

EPS

$1.50

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

965.88K

 

CARG Performance

1 Week
 
1.64%
 
1 Month
 
7.56%
 
3 Months
 
-0.83%
 
1 Year
 
-6.52%
 
5 Years
 
42.95%
 

CARG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 14
Full Ratings ➔

About cargurus inc. - CARG

Cargurus, Inc. is an online automotive platform, which engages in buying and selling vehicles that is building upon its listings marketplace with digital retail solutions and the CarOffer digital wholesale platform. It operates through the following segments: U.S. Marketplace, Digital Wholesale, and Other. The U.S. Marketplace segment offers marketplace services from customers. The Digital Wholesale segment consists of dealer-to-dealer and IMCO services and products which are sold on the CarOffer platform. The company was founded by Langley Steinert on November 10, 2005 and is headquartered in Boston, MA.

CARG At a Glance

Cargurus, Inc.
1001 Boylston Street
Boston, Massachusetts 02115
Phone 1-617-354-0068 Revenue 894.38M
Industry Internet Software/Services Net Income 20.97M
Sector Technology Services Employees 1,282
Fiscal Year-end 12 / 2025
View SEC Filings

CARG Valuation

P/E Current 24.075
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 185.106
Price to Sales Ratio 4.341
Price to Book Ratio 7.015
Price to Cash Flow Ratio 15.20
Enterprise Value to EBITDA 19.967
Enterprise Value to Sales 4.215
Total Debt to Enterprise Value 0.051

CARG Efficiency

Revenue/Employee 697,647.426
Income Per Employee 16,358.814
Receivables Turnover 20.213
Total Asset Turnover 1.026

CARG Liquidity

Current Ratio 4.07
Quick Ratio 4.066
Cash Ratio 3.291

CARG Profitability

Gross Margin 81.247
Operating Margin 16.71
Pretax Margin 2.757
Net Margin 2.345
Return on Assets 2.406
Return on Equity 3.62
Return on Total Capital 2.856
Return on Invested Capital 2.752

CARG Capital Structure

Total Debt to Total Equity 35.582
Total Debt to Total Capital 26.244
Total Debt to Total Assets 23.376
Long-Term Debt to Equity 33.92
Long-Term Debt to Total Capital 25.018
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cargurus Inc. - CARG

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
951.37M 1.66B 914.24M 894.38M
Sales Growth
+72.52% +73.96% -44.76% -2.17%
Cost of Goods Sold (COGS) incl D&A
307.78M 1.01B 278.62M 167.72M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
50.65M 56.40M 60.29M 39.34M
Depreciation
7.84M 14.62M 18.41M 21.70M
Amortization of Intangibles
30.15M 30.72M 30.06M 3.65M
COGS Growth
+543.41% +229.12% -72.49% -39.80%
Gross Income
643.59M 642.07M 635.62M 726.66M
Gross Income Growth
+27.79% -0.24% -1.00% +14.32%
Gross Profit Margin
+67.65% +38.80% +69.52% +81.25%
2021 2022 2023 2024 5-year trend
SG&A Expense
493.97M 533.59M 603.00M 577.21M
Research & Development
106.42M 123.77M 146.17M 144.43M
Other SG&A
387.54M 409.82M 456.83M 432.78M
SGA Growth
+24.50% +8.02% +13.01% -4.28%
Other Operating Expense
- - - -
-
Unusual Expense
- - 1.36M 136.04M
-
EBIT after Unusual Expense
148.27M 108.48M 32.63M 13.41M
Non Operating Income/Expense
1.09M 2.88M 19.06M 11.24M
Non-Operating Interest Income
120.00K 3.85M 18.43M 12.19M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
149.36M 111.36M 51.69M 24.66M
Pretax Income Growth
+50.70% -25.44% -53.59% -52.30%
Pretax Margin
+15.70% +6.73% +5.65% +2.76%
Income Tax
38.99M 32.41M 29.63M 3.69M
Income Tax - Current - Domestic
32.57M 54.35M 66.97M 36.48M
Income Tax - Current - Foreign
253.00K 175.00K 532.00K 556.00K
Income Tax - Deferred - Domestic
6.37M (22.07M) (37.85M) (33.34M)
Income Tax - Deferred - Foreign
(204.00K) (47.00K) (9.00K) (11.00K)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
110.37M 78.95M 22.05M 20.97M
Minority Interest Expense
- 110.53M (114.83M) (9.05M)
Net Income
(154.00K) 193.78M 31.10M 20.97M
Net Income Growth
-100.20% +125,934.42% -83.95% -32.57%
Net Margin Growth
-0.02% +11.71% +3.40% +2.34%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
(154.00K) 193.78M 31.10M 20.97M
Preferred Dividends
- - - -
-
Net Income Available to Common
(154.00K) 193.78M 31.10M 20.97M
EPS (Basic)
-0.0013 1.6357 0.2747 0.2006
EPS (Basic) Growth
-100.19% +125,923.08% -83.21% -26.97%
Basic Shares Outstanding
117.14M 118.47M 113.24M 104.54M
EPS (Diluted)
-0.0013 1.5122 0.2724 0.1974
EPS (Diluted) Growth
-100.19% +116,423.08% -81.99% -27.53%
Diluted Shares Outstanding
117.14M 128.15M 114.19M 106.26M
EBITDA
200.27M 164.88M 92.92M 188.78M
EBITDA Growth
+55.30% -17.67% -43.64% +103.17%
EBITDA Margin
+21.05% +9.96% +10.16% +21.11%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 40.083
Number of Ratings 14 Current Quarters Estimate 0.633
FY Report Date 12 / 2025 Current Year's Estimate 2.204
Last Quarter’s Earnings 0.57 Median PE on CY Estimate N/A
Year Ago Earnings 1.72 Next Fiscal Year Estimate 2.545
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 13 9 12 13
Mean Estimate 0.63 0.57 2.20 2.55
High Estimates 0.66 0.61 2.29 2.80
Low Estimate 0.56 0.45 1.96 1.96
Coefficient of Variance 4.46 10.12 3.86 9.26

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 0 0 0
HOLD 6 6 6
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Cargurus Inc. - CARG

Date Name Shares Transaction Value
Apr 18, 2025 Samuel Zales COO and President 503,382 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $26.84 per share 13,510,772.88
Apr 18, 2025 Zachary Emerson Hallowell CEO, CarOffer 131,614 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $26.72 per share 3,516,726.08
Apr 4, 2025 Langley Steinert Executive Chair; Director 957,893 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 28,008,791.32
Apr 4, 2025 Matthew Quinn Chief Technology Officer 229,124 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.63 per share 6,559,820.12
Apr 4, 2025 Matthew Quinn Chief Technology Officer 233,517 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 6,828,037.08
Apr 4, 2025 Jennifer Hanson Chief People Officer 69,195 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 2,023,261.80
Apr 4, 2025 Dafna Sarnoff Chief Marketing Officer 127,889 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.63 per share 3,661,462.07
Apr 4, 2025 Dafna Sarnoff Chief Marketing Officer 133,334 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 3,898,686.16
Apr 4, 2025 Javier Zamora General Counsel and Secretary 116,130 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 3,395,641.20
Apr 4, 2025 Ismail Elshareef Chief Product Officer 114,464 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 3,346,927.36
Apr 4, 2025 Zachary Emerson Hallowell CEO, CarOffer 134,238 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.63 per share 3,843,233.94
Apr 4, 2025 Jason Trevisan Chief Executive Officer; Director 736,047 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $29.24 per share 21,522,014.28
Apr 2, 2025 Langley Steinert Executive Chair; Director 51,369 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.08 per share 1,493,810.52
Apr 2, 2025 Langley Steinert Executive Chair; Director 969,179 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.08 per share 28,183,725.32
Apr 2, 2025 Langley Steinert Executive Chair; Director 51,851 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.22 per share 1,515,086.22
Apr 2, 2025 Langley Steinert Executive Chair; Director 52,946 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.65 per share 1,516,902.90
Apr 2, 2025 Langley Steinert Executive Chair; Director 973,287 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.22 per share 28,439,446.14
Apr 2, 2025 Langley Steinert Executive Chair; Director 983,142 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.65 per share 28,167,018.30
Apr 2, 2025 Langley Steinert Executive Chair; Director 54,142 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.67 per share 1,606,393.14
Apr 2, 2025 Langley Steinert Executive Chair; Director 54,306 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $28.87 per share 1,567,814.22

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