NewsMV
Carvana (CVNA) reported record revenue growth of 52% in the second quarter of 2026, accompanied by a 38% increase in retail car sales, yet the stock has fallen 15.1% over the past twelve months.
This performance lags significantly behind the 17.1% return of the S&P 500, highlighting a disconnect between the company's top-line expansion and its market valuation.
The stock currently trades at 28.7 times earnings, a premium compared to the S&P 500's multiple of 21.5.
This valuation gap exists despite Carvana's operating margin of 8.9% over the past year, which trails the broader index's 18.5% margin.
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