Carvana vs Murphy USA
Carvana and Murphy USA are similar in size: $20.32bn and $19.38bn of revenue in their latest fiscal years. Carvana grew faster (48.6% against -4.2%). Carvana kept more of each dollar of sales as profit: a net margin of 6.9% against 2.4%. Carvana carries less debt relative to equity (153.1% against 350.1%).
| Latest fiscal year | CarvanaCVNA, 2025 | Murphy USAMUSA, 2025 |
|---|---|---|
| Revenue | $20.32bn | $19.38bn |
| Revenue growth | 48.6% | -4.2% |
| Net income | $1.41bn | $471m |
| Operating margin | 9.3% | 3.7% |
| Net margin | 6.9% | 2.4% |
| Return on equity | 59.9% | 64.3% |
| Free cash flow | $889m | $374m |
| Cash | $2.33bn | $28.9m |
| Total debt | $5.27bn | $2.18bn |
| Debt to equity | 153.1% | 350.1% |
| Dividend per share | — | $2.15 |
| Dividend yield | — | 0.5% |
| Share buybacks | — | $650m |
| Employees | 23,100 | 17,200 |
| Market value | $52.73bn | $9.33bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 20 (Weak) | 67 (Moderate) |
| Insider trades, 12 months | 5 buys, 371 sales | 0 buys, 21 sales |