CarGurus Historical Income Statement

CARG Stock  USD 35.62  0.11  0.31%   
Historical analysis of CarGurus income statement accounts such as Interest Income of 16.5 M, Depreciation And Amortization of 63.3 M or Interest Expense of 4.6 M can show how well CarGurus performed in making a profits. Evaluating CarGurus income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CarGurus's future profits or losses.
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining CarGurus latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CarGurus is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.

About CarGurus Income Statement Analysis

CarGurus Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CarGurus shareholders. The income statement also shows CarGurus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

CarGurus Income Statement Chart

At this time, CarGurus' Depreciation And Amortization is most likely to increase significantly in the upcoming years. The CarGurus' current Interest Expense is estimated to increase to about 4.6 M, while Total Revenue is projected to decrease to roughly 700.2 M.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of CarGurus minus its cost of goods sold. It is profit before CarGurus operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on CarGurus income statement and is an important metric when analyzing CarGurus profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most accounts from CarGurus' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CarGurus current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.At this time, CarGurus' Depreciation And Amortization is most likely to increase significantly in the upcoming years. The CarGurus' current Interest Expense is estimated to increase to about 4.6 M, while Total Revenue is projected to decrease to roughly 700.2 M.
 2021 2022 2023 2024 (projected)
Depreciation And Amortization50.6M56.4M60.3M63.3M
Interest Income120K3.8M15.7M16.5M

CarGurus income statement Correlations

0.50.830.530.710.310.640.570.620.680.540.720.680.770.590.510.710.560.471.00.50.790.210.48
0.50.760.80.880.490.460.540.480.180.40.260.620.370.30.60.260.990.230.461.00.60.590.92
0.830.760.720.930.630.850.810.840.730.780.790.890.860.720.790.780.760.690.820.750.940.540.66
0.530.80.720.780.710.680.710.70.360.490.420.740.50.530.750.420.80.390.50.80.630.870.64
0.710.880.930.780.70.70.820.70.60.750.670.850.740.470.820.660.890.620.680.870.820.630.79
0.310.490.630.710.70.780.940.780.660.830.690.810.690.50.950.70.460.790.30.470.60.850.32
0.640.460.850.680.70.780.891.00.810.830.860.90.90.910.870.840.430.810.640.440.890.660.32
0.570.540.810.710.820.940.890.880.820.940.860.950.890.630.990.860.530.880.560.520.810.770.43
0.620.480.840.70.70.781.00.880.770.80.820.90.870.920.860.80.440.770.620.470.890.680.35
0.680.180.730.360.60.660.810.820.770.910.990.780.950.650.741.00.190.940.70.160.730.360.06
0.540.40.780.490.750.830.830.940.80.910.930.90.930.580.90.940.380.970.540.380.780.580.3
0.720.260.790.420.670.690.860.860.820.990.930.840.980.690.791.00.270.940.730.240.810.410.16
0.680.620.890.740.850.810.90.950.90.780.90.840.90.690.950.830.610.790.670.610.920.730.58
0.770.370.860.50.740.690.90.890.870.950.930.980.90.750.820.980.370.90.770.350.90.460.3
0.590.30.720.530.470.50.910.630.920.650.580.690.690.750.590.660.260.590.60.290.80.440.17
0.510.60.790.750.820.950.870.990.860.740.90.790.950.820.590.790.580.820.50.580.790.830.49
0.710.260.780.420.660.70.840.860.81.00.941.00.830.980.660.790.260.950.720.240.780.420.15
0.560.990.760.80.890.460.430.530.440.190.380.270.610.370.260.580.260.210.520.990.60.570.93
0.470.230.690.390.620.790.810.880.770.940.970.940.790.90.590.820.950.210.470.210.670.50.07
1.00.460.820.50.680.30.640.560.620.70.540.730.670.770.60.50.720.520.470.450.790.190.44
0.51.00.750.80.870.470.440.520.470.160.380.240.610.350.290.580.240.990.210.450.590.580.93
0.790.60.940.630.820.60.890.810.890.730.780.810.920.90.80.790.780.60.670.790.590.530.59
0.210.590.540.870.630.850.660.770.680.360.580.410.730.460.440.830.420.570.50.190.580.530.46
0.480.920.660.640.790.320.320.430.350.060.30.160.580.30.170.490.150.930.070.440.930.590.46
Click cells to compare fundamentals

CarGurus Account Relationship Matchups

CarGurus income statement Accounts

201920202021202220232024 (projected)
Tax Provision(3.4M)21.6M39.0M32.4M32.8M34.4M
Interest Income3.0M1.1M120K3.8M15.7M16.5M
Depreciation And Amortization7.8M22.1M50.6M56.4M60.3M63.3M
Interest Expense4.4M1.4M37K3.8M4.4M4.6M
Selling General Administrative50.4M62.2M97.7M73.1M152.8M160.4M
Selling And Marketing Expenses393.8M257.0M290.6M336.7M304.1M289.7M
Total Revenue588.9M551.5M951.4M1.7B914.2M700.2M
Gross Profit552.6M508.7M657.4M657.6M651.5M493.7M
Other Operating Expenses554.6M453.7M803.1M1.5B881.6M643.2M
Operating Income34.3M97.8M148.3M108.5M32.6M57.0M
Net Income From Continuing Ops42.1M77.6M110.4M79.0M67.9M56.2M
Ebit34.3M82.5M149.4M111.4M51.7M58.0M
Research Development69.5M85.7M106.4M123.8M146.2M76.0M
Ebitda42.1M104.6M200.0M167.8M112.0M83.5M
Cost Of Revenue36.3M42.7M294.0M997.5M262.8M206.5M
Total Operating Expenses518.3M411.0M509.1M549.1M618.8M436.7M
Income Before Tax38.7M99.1M149.4M111.4M51.7M60.9M
Total Other Income Expense Net4.4M1.4M1.1M2.9M19.1M20.0M
Net Income Applicable To Common Shares42.1M77.6M(154K)193.8M222.9M234.0M
Net Income42.1M77.6M109.2M84.4M31.1M52.3M
Income Tax Expense(3.4M)21.6M39.0M32.4M29.6M31.1M
Net Interest Income3.0M1.1M120K3.8M15.7M16.5M
Reconciled Depreciation7.8M11.3M40.5M45.3M47.4M25.3M
Non Operating Income Net Other4.4M1.4M1.1M2.9M3.3M2.3M

Currently Active Assets on Macroaxis

When determining whether CarGurus is a strong investment it is important to analyze CarGurus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CarGurus' future performance. For an informed investment choice regarding CarGurus Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarGurus. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in CarGurus Stock please use our How to Invest in CarGurus guide.
You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CarGurus. If investors know CarGurus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CarGurus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.265
Earnings Share
(0.45)
Revenue Per Share
8.361
Quarterly Revenue Growth
0.054
Return On Assets
0.0563
The market value of CarGurus is measured differently than its book value, which is the value of CarGurus that is recorded on the company's balance sheet. Investors also form their own opinion of CarGurus' value that differs from its market value or its book value, called intrinsic value, which is CarGurus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CarGurus' market value can be influenced by many factors that don't directly affect CarGurus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CarGurus' value and its price as these two are different measures arrived at by different means. Investors typically determine if CarGurus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CarGurus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.