| Carvana is a holding company. Through its subsidiaries, Co. is an e-commerce platform for buying and selling used cars. On Co.'s platform, consumers can research and identify a vehicle using its 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle, and schedule delivery or pick-up, all from their desktop or mobile devices. Co. uses proprietary algorithms to support its nationally pooled inventory of over 14,000 vehicles, inspect and recondition its vehicles and operates its own logistics network to deliver cars directly to customers. Customers in certain markets also have the option to pick up their vehicle at one of Co.'s vending machines. We show 12 historical shares outstanding datapoints in our CVNA shares outstanding history coverage, used to compute CVNA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CVNA market cap history over the course of time is important for investors
interested in comparing CVNA's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CVNA versus a peer is one thing; comparing
CVNA market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CVNA can fluctuate over the course of history.
With this page we aim to empower investors researching CVNA by allowing them to research the CVNA market cap history.