cargurus inc. - CARG

CARG

Close Chg Chg %
34.27 0.54 1.58%

Closed Market

34.81

+0.54 (1.58%)

Volume: 775.48K

Last Updated:

Nov 13, 2026, 4:00 PM EDT

Company Overview: cargurus inc. - CARG

CARG Key Data

Open

$34.55

Day Range

34.30 - 35.32

52 Week Range

26.39 - 41.22

Market Cap

$3.10B

Shares Outstanding

89.07M

Public Float

71.27M

Beta

1.22

Rev. Per Employee

N/A

P/E Ratio

17.59

EPS

$2.00

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

1.33M

 

CARG Performance

1 Week
 
3.17%
 
1 Month
 
14.96%
 
3 Months
 
-7.02%
 
1 Year
 
-2.00%
 
5 Years
 
-9.65%
 

CARG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 15
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 906.98M
Industry Internet Software/Services Net Income 155.90M
Sector Technology Services 2025 Sales Growth 1.408%
Fiscal Year-end 12 / 2026 Employees 1,218
View SEC Filings

CARG Valuation

P/E Current 17.586
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 24.699
Price to Sales Ratio 4.246
Price to Book Ratio 9.724
Price to Cash Flow Ratio 13.04
Enterprise Value to EBITDA 13.056
Enterprise Value to Sales 4.246
Total Debt to Enterprise Value 0.05

CARG Efficiency

Revenue/Employee 744,646.962
Income Per Employee 127,999.179
Receivables Turnover 21.628
Total Asset Turnover 1.22

CARG Liquidity

Current Ratio 2.663
Quick Ratio 2.663
Cash Ratio 1.895

CARG Profitability

Gross Margin 91.018
Operating Margin 27.007
Pretax Margin 27.876
Net Margin 17.189
Return on Assets 26.472
Return on Equity 42.962
Return on Total Capital 34.82
Return on Invested Capital 30.717

CARG Capital Structure

Total Debt to Total Equity 50.998
Total Debt to Total Capital 33.774
Total Debt to Total Assets 28.831
Long-Term Debt to Equity 48.467
Long-Term Debt to Total Capital 32.098
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cargurus Inc. - CARG

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
1.66B 914.24M 894.38M 906.98M
Sales Growth
+73.96% -44.76% -2.17% +1.41%
Cost of Goods Sold (COGS) incl D&A
1.01B 278.62M 167.72M 81.46M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
56.40M 60.29M 39.34M 50.01M
Depreciation
14.62M 18.41M 21.70M 24.30M
Amortization of Intangibles
30.72M 30.06M 3.65M 9.30M
COGS Growth
+229.12% -72.49% -39.80% -51.43%
Gross Income
642.07M 635.62M 726.66M 825.52M
Gross Income Growth
-0.24% -1.00% +14.32% +13.60%
Gross Profit Margin
+38.80% +69.52% +81.25% +91.02%
2022 2023 2024 2025 5-year trend
SG&A Expense
533.59M 603.00M 577.21M 580.57M
Research & Development
123.77M 146.17M 144.43M 138.28M
Other SG&A
409.82M 456.83M 432.78M 442.29M
SGA Growth
+8.02% +13.01% -4.28% +0.58%
Other Operating Expense
- - - -
-
Unusual Expense
- - 136.04M 504.00K
-
EBIT after Unusual Expense
108.48M 32.63M 13.41M 244.45M
Non Operating Income/Expense
2.88M 19.06M 11.24M 8.39M
Non-Operating Interest Income
3.85M 18.43M 12.19M 9.15M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
- - - -
-
Interest Expense Growth
- - - -
-
Gross Interest Expense
- - - -
-
Interest Capitalized
- - - -
-
Pretax Income
111.36M 51.69M 24.66M 252.83M
Pretax Income Growth
-25.44% -53.59% -52.30% +925.40%
Pretax Margin
+6.73% +5.65% +2.76% +27.88%
Income Tax
32.41M 29.63M 3.69M 56.09M
Income Tax - Current - Domestic
54.35M 66.97M 36.48M 27.65M
Income Tax - Current - Foreign
175.00K 532.00K 556.00K 766.00K
Income Tax - Deferred - Domestic
(22.07M) (37.85M) (33.34M) 27.21M
Income Tax - Deferred - Foreign
(47.00K) (9.00K) (11.00K) 466.00K
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
78.95M 22.05M 20.97M 196.74M
Minority Interest Expense
- - (114.83M) (9.05M)
-
Net Income
193.78M 31.10M 20.97M 196.74M
Net Income Growth
+125,934.42% -83.95% -32.57% +838.12%
Net Margin Growth
+11.71% +3.40% +2.34% +21.69%
Extraordinaries & Discontinued Operations
- - - (40.84M)
-
Discontinued Operations
- - - (40.84M)
-
Net Income After Extraordinaries
193.78M 31.10M 20.97M 155.90M
Preferred Dividends
- - - -
-
Net Income Available to Common
193.78M 31.10M 20.97M 155.90M
EPS (Basic)
1.6357 0.2747 0.2006 1.5774
EPS (Basic) Growth
+125,923.08% -83.21% -26.97% +686.34%
Basic Shares Outstanding
118.47M 113.24M 104.54M 98.84M
EPS (Diluted)
1.5122 0.2724 0.1974 1.5527
EPS (Diluted) Growth
+116,423.08% -81.99% -27.53% +686.58%
Diluted Shares Outstanding
128.15M 114.19M 106.26M 100.41M
EBITDA
164.88M 92.92M 188.78M 294.95M
EBITDA Growth
-17.67% -43.64% +103.17% +56.24%
EBITDA Margin
+9.96% +10.16% +21.11% +32.52%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 41.636
Number of Ratings 15 Current Quarters Estimate 0.753
FY Report Date 12 / 2026 Current Year's Estimate 2.69
Last Quarter’s Earnings 0.70 Median PE on CY Estimate N/A
Year Ago Earnings 2.28 Next Fiscal Year Estimate 3.04
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 6 11 11
Mean Estimate 0.75 0.68 2.69 3.04
High Estimates 0.78 0.72 2.71 3.21
Low Estimate 0.72 0.59 2.66 2.90
Coefficient of Variance 2.08 7.62 0.62 3.41

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 8 8
OVERWEIGHT 3 3 1
HOLD 4 4 6
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Cargurus Inc. - CARG

Date Name Shares Transaction Value
Nov 10, 2026 Langley Steinert Executive Chair; Director 881,691 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.49 per share 33,054,595.59
Nov 10, 2026 Langley Steinert Executive Chair; Director 881,375 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.21 per share 33,677,338.75
Nov 10, 2026 Langley Steinert Executive Chair; Director 74,687 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $37.49 per share 2,800,015.63
Nov 10, 2026 Langley Steinert Executive Chair; Director 74,652 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $38.21 per share 2,852,452.92
Nov 4, 2026 Samuel Zales COO and President 419,735 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $32.33 per share 13,570,032.55
Nov 4, 2026 Ismail Elshareef Chief Product Officer 125,634 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 $32.18 per share 4,042,902.12
Nov 4, 2026 Ismail Elshareef Chief Product Officer 123,670 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $32.33 per share 3,998,251.10
Oct 22, 2026 Matthew Mandel CFO and Treasurer 175,083 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 7, 2026 Dafna Sarnoff Chief Marketing Officer 100,795 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 7, 2026 Matthew Quinn Chief Technology Officer 226,104 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Oct 6, 2026 Jason Trevisan Chief Executive Officer; Director 653,253 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 $29.73 per share 19,421,211.69
Oct 6, 2026 Dafna Sarnoff Chief Marketing Officer 94,884 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.62 per share 2,810,464.08
Oct 6, 2026 Matthew Quinn Chief Technology Officer 220,193 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $29.62 per share 6,522,116.66
Oct 6, 2026 Javier Zamora General Counsel and Secretary 75,971 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 $29.73 per share 2,258,617.83

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