Carvana vs Lithia Motors: revenue, profit, margins and growth compared
Carvana brought in $20.3B of revenue in fiscal 2025, Lithia Motors $37.6B in fiscal 2025. Revenue changed by +48.6% at Carvana and +4.0% at Lithia Motors on the year before, so Carvana grew faster. Carvana kept 6.9% of its revenue as net profit, Lithia Motors 2.2%. Free cash flow was $889M at Carvana and $5.8M at Lithia Motors.
Fiscal years as each company reports them; the two may end in different months.
Questions about Carvana and Lithia Motors
Which is bigger by revenue, Carvana or Lithia Motors?
Lithia Motors is bigger by revenue: $37.6B in fiscal 2025, against $20.3B for Carvana in fiscal 2025.
Which keeps more of its revenue as profit, Carvana or Lithia Motors?
Carvana had a net margin of 6.9% in fiscal 2025; Lithia Motors had 2.2% in fiscal 2025.
Which grew revenue faster, Carvana or Lithia Motors?
In their latest fiscal years revenue changed by +48.6% at Carvana and +4.0% at Lithia Motors.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.