Comparison

AUTONATION, INC. (AN) vs CARVANA CO. (CVNA)

The same filed metrics for both companies, side by side.

What each names as a risk in its own annual report, how each is priced against its own history, and the tracked managers whose latest 13F reports a position in both.

Financials

AUTONATION, INC.

Auto & Truck Dealerships

Revenue, FY25: $27.63B
Net income: $649M
Operating cash flow: $112M
Free cash flow: −$198M
Net margin: 2.35%
Operating margin: 4.49%
Gross margin: 17.91%

CVNA

CARVANA CO.

Auto & Truck Dealerships

Revenue, FY25: $20.32B
Net income: $1.41B
Operating cash flow: $1.04B
Free cash flow: $889M
Net margin: 6.92%
Operating margin: 9.26%
Gross margin: 20.63%

Head-to-head

Filed growth, quality and valuation, read against each company’s own history rather than against the other side.

Metric	AN	CVNA
Revenue growth, latest filed year	+3.24%	+48.63%
Piotroski F-score	5 of 9	5 of 9
P/E against its own history	about normal	112.04% above

What each says it is exposed to

From Item 1A of each company’s most recent 10-K.

Debt covenants
Interest rates
Goodwill impairment
Litigation
Cybersecurity
Tariffs

And 11 more.

CVNA

Debt covenants
Litigation
Cybersecurity
Interest rates
AI and its regulation
A controlling shareholder

And 17 more.

Tracked managers holding both

Joel Greenblatt Gotham Asset Management 0.06% · 0.04%

Updated Aug 14, 2026 · the newer of the two companies' filings