cargurus inc. - CARG
CARG
Close Chg Chg %
35.66 -0.65 -1.82%
Closed Market
35.01
-0.65 (1.82%)
Volume: 1.01M
Last Updated:
Mar 27, 2026, 4:00 PM EDT
Company Overview: cargurus inc. - CARG
CARG Key Data
| Open $35.26 | Day Range 34.92 - 35.88 |
| 52 Week Range 24.65 - 39.42 | Market Cap $3.39B |
| Shares Outstanding 95.19M | Public Float 77.63M |
| Beta 1.37 | Rev. Per Employee N/A |
| P/E Ratio 22.97 | EPS $1.58 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 1.37M |
CARG Performance
| 1 Week | 4.20% | ||
| 1 Month | 14.04% | ||
| 3 Months | -9.39% | ||
| 1 Year | 21.48% | ||
| 5 Years | 45.45% |
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 | 22.966 |
| 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 | 36.458 | |
| Number of Ratings | 15 | Current Quarters Estimate | 0.57 | |
| FY Report Date | 03 / 2026 | Current Year's Estimate | 2.522 | |
| Last Quarter’s Earnings | 0.63 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 2.28 | Next Fiscal Year Estimate | 3.025 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 13 | 13 | 13 | 13 |
| Mean Estimate | 0.57 | 0.60 | 2.52 | 3.02 |
| High Estimates | 0.62 | 0.67 | 2.77 | 4.33 |
| Low Estimate | 0.51 | 0.55 | 2.23 | 2.62 |
| Coefficient of Variance | 4.63 | 5.62 | 5.51 | 14.12 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 9 | 9 | 8 |
| OVERWEIGHT | 0 | 0 | 0 |
| HOLD | 6 | 6 | 6 |
| UNDERWEIGHT | 0 | 0 | 1 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Cargurus Inc. - CARG
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Cargurus Inc. - CARG
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jan 23, 2026 | Matthew Quinn Chief Technology Officer | 193,451 | Bona fide gift | 0.00 |
| Dec 4, 2025 | Dafna Sarnoff Chief Marketing Officer | 99,727 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $35.68 per share | 3,558,259.36 |
| Dec 4, 2025 | Dafna Sarnoff Chief Marketing Officer | 101,073 | 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 $35.65 per share | 3,603,252.45 |
| 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 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 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 | 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 | 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 | 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 | 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 | 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 | 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 |