CarGurus (CARG) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

CarGurus

NasdaqGS•Communication Services•Internet Content & Information

$33.75-0.95(-0.03%)Pre-market

Market Cap

$3.04B

P/E

17.3x

P/S

3.2x

P/B

11.5x

CarGurus, Inc. operates an online automotive platform for buying and selling vehicles in the United States and internationally. The company offers dealer subscription fees, advertising from auto manufacturers and other brand advertisers, and partnerships with financing services companies. It provides an online automotive marketplace that connects large audience of car shoppers with extensive network of dealers, anchoring integrated suite of products. It also offers Digital Deal which allows consumers the option to start their vehicle purchase process online for eligible listings; Dealership Mode which provides consumers with on-the-lot support during visits to participating dealers through the CarGurus app; Sell My Car Top Dealer Offers which allows dealers to make tailored trade-in offers; and IMV Scan enables dealers to scan a VIN using their smartphone to access IMV data; and PriceVantage, an advanced pricing software powered by machine learning that leverages real-time consumer demand. In addition, the company provides auto manufacturers and others advertiser products, such as brand reinforcement, category sponsorship, automobile segment exclusivity, and consumer segment exposure; Autolist, an online automotive marketplace through mobile applications and a website; and PistonHeads which is an automotive marketplace, auction platform, and editorial site for automotive enthusiasts. The company was formerly known as CarGurus LLC and changed its name to CarGurus, Inc. in June 2015. CarGurus, Inc. was founded in 2005 and is headquartered in Boston, Massachusetts.

How this company scores

ExcellentMetricSide Score: 84/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability25/25

Growth19/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowStrong marginsHigh ROERising earnings

No red flags in the last 8 quarters.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.3x5y range 17.3x – 183.3x

Currently below its 18-quarter median.

P/S · 3.2x5y range 1.0x – 4.8x

Currently near its 20-quarter median.

P/B · 11.5x5y range 2.3x – 14.0x

Price & Volume

Market Cap $3.04B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $942.32M
Q. Revenue: $250.97M
TTM EBITDA: $307.12M
TTM Op. Income: $276.91M
Q. Op. Income: $62.98M
TTM Net Income: $175.94M
Q. Net Income: $49.19M
EPS: $0.55
Shares Out.: $90.13M

$942.32M in TTM revenue grew 2.5% YoY, reaching $250.97M last quarter. TTM EBITDA of $307.12M and TTM operating income of $276.91M show growth is flowing through to the bottom line. TTM net income of $175.94M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 92.1%
EBITDA Margin: 28.3%
Op. Margin: 25.1%
Net Margin: 19.6%

Op. margin of 25.1% is up 14.5% YoY — cost efficiency is improving. Net margin at 19.6% and gross margin of 92.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 136% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.3x
P/S Ratio: 3.2x
P/B Ratio: 11.5x

At 17.3x P/E, the stock trades within typical market levels. P/S of 3.2x and P/B of 11.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 7 quarters, P/E has fallen for 6 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $555.13M
Cash: $122.14M
Long-Term Debt: N/A
Book Value: $264.36M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $94.59M
TTM Free Cash Flow: $315.21M
FCF Margin: 33.5%
FCF / Net Income: 1.8

TTM FCF of $315.21M on $94.59M in operating cash flow. The FCF / Net Income ratio of 1.8x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.