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CarGurus Valuation Multiples

Discover revenue and EBITDA valuation multiples for CarGurus and similar public comparables like Warby Parker, Advance Auto Parts, Lulu Retail, Lagardère and more.

CarGurus Overview

About CarGurus

CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. It provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listings, through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments, namely U.S. Marketplace and Digital Wholesale. It generates maximum revenue from the U.S. Marketplace segment. Geographically, the company derives its key revenue from the United States and the rest from international markets.


Founded

2005

HQ

United States

Employees

1.2K

Financials (LTM)

Revenue: $935M
EBITDA: $324M

EV

$3B

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CarGurus Financials

CarGurus reported last 12-month revenue of $935M and EBITDA of $324M.

In the same LTM period, CarGurus generated $845M in gross profit, $324M in EBITDA, and $167M in net income.

Revenue (LTM)


CarGurus P&L

In the most recent fiscal year, CarGurus reported revenue of $907M and EBITDA of $319M.

CarGurus expects next 12-month revenue of XXX and NTM EBITDA of XXX

See CarGurus forward-looking valuation multiples
LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue$935MXXX$907MXXXXXXXXX
Gross Profit$845MXXX$842MXXXXXXXXX
Gross Margin90%XXX93%XXXXXXXXX
EBITDA$324MXXX$319MXXXXXXXXX
EBITDA Margin35%XXX35%XXXXXXXXX
EBIT Margin31%XXX31%XXXXXXXXX
Net Profit$167MXXX$156MXXXXXXXXX
Net Margin18%XXX17%XXXXXXXXX

Financial data powered by Morningstar, Inc.

CarGurus Stock Performance

CarGurus has current market cap of $3B, and enterprise value of $3B.

Market Cap Evolution


CarGurus' stock price is $33.53.

See CarGurus trading valuation data
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$3B$3B0.0%XXXXXXXXX$1.64

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CarGurus Valuation Multiples

CarGurus trades at 3.4x EV/Revenue multiple, and 9.9x EV/EBITDA.

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EV / Revenue (LTM)


CarGurus Financial Valuation Multiples

As of April 7, 2026, CarGurus has market cap of $3B and EV of $3B.

Equity research analysts estimate CarGurus' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX

CarGurus has a P/E ratio of 19.2x.

LTMNTMLast FYFY 2026FY 2027FY 2028
Market cap (current)$3BXXX$3BXXXXXXXXX
EV (current)$3BXXX$3BXXXXXXXXX
EV/Revenue3.4xXXX3.5xXXXXXXXXX
EV/EBITDA9.9xXXX10.0xXXXXXXXXX
EV/EBIT11.0xXXX11.3xXXXXXXXXX
EV/Gross Profit3.8xXXX3.8xXXXXXXXXX
P/E19.2xXXX20.5xXXXXXXXXX
EV/FCF11.7xXXX11.4xXXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Verified CarGurus Valuation Multiples

Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.

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CarGurus Margins & Growth Rates

CarGurus' revenue in the last 12 month grew by 11%.

CarGurus' revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.5M for the same period.

CarGurus' rule of 40 is 45% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

CarGurus' rule of X is 63% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

See operational valuation multiples for CarGurus and other 15K+ public comps

CarGurus Operational Valuation Multiples

LTMNTMLast FYFY 2026FY 2027FY 2028
Revenue Growth11%XXX12%XXXXXXXXX
EBITDA Margin35%XXX35%XXXXXXXXX
EBITDA Growth7%XXX5%XXXXXXXXX
Rule of 40—XXX45%XXXXXXXXX
Bessemer Rule of X—XXX63%XXXXXXXXX
Revenue per Employee—XXX$0.7MXXXXXXXXX
Opex per Employee—XXX$0.5MXXXXXXXXX
S&M Expenses to Revenue37%XXX38%XXXXXXXXX
G&A Expenses to Revenue10%XXX11%XXXXXXXXX
R&D Expenses to Revenue14%XXX15%XXXXXXXXX
Opex to Revenue—XXX66%XXXXXXXXX

Valuation data powered by FactSet, Inc. and Morningstar, Inc.

Valuation Multiples Across 230+ Verticals

CarGurus Public Comps

See public comps and valuation multiples for other Specialty Stores comps.

EV/RevenueEV/EBITDA
LTM2026E2027ELTM2026E2027E
Warby ParkerXXXXXXXXXXXXXXXXXX
Advance Auto PartsXXXXXXXXXXXXXXXXXX
Lulu RetailXXXXXXXXXXXXXXXXXX
LagardèreXXXXXXXXXXXXXXXXXX
Metro BrandsXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXXXXXXX

Valuation data powered by FactSet, Inc.

CarGurus M&A Activity

CarGurus acquired XXX companies to date.

Last acquisition by CarGurus was on XXXXXXXX, XXXXX. CarGurus acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Acquisitions by CarGurus

Acquired CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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CarGurus Investment Activity

CarGurus invested in XXX companies to date.

CarGurus made its latest investment on XXXXXXXX, XXXXX. CarGurus invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).

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Latest Investments by CarGurus

CompanyValuationEV/RevenueEV/EBITDA
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX
XXXXXXXXXXXXXXXXXXXXX

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About CarGurus

When was CarGurus founded?CarGurus was founded in 2005.
Where is CarGurus headquartered?CarGurus is headquartered in United States.
How many employees does CarGurus have?As of today, CarGurus has over 1K employees.
Who is the CEO of CarGurus?CarGurus' CEO is Jason Trevisan.
Is CarGurus publicly listed?Yes, CarGurus is a public company listed on Nasdaq.
What is the stock symbol of CarGurus?CarGurus trades under CARG ticker.
When did CarGurus go public?CarGurus went public in 2017.
Who are competitors of CarGurus?CarGurus main competitors are Warby Parker, Advance Auto Parts, Lulu Retail, Lagardère.
What is the current market cap of CarGurus?CarGurus' current market cap is $3B.
What is the current revenue of CarGurus?CarGurus' last 12 months revenue is $935M.
What is the current revenue growth of CarGurus?CarGurus revenue growth (NTM/LTM) is 11%.
What is the current EV/Revenue multiple of CarGurus?Current revenue multiple of CarGurus is 3.4x.
Is CarGurus profitable?Yes, CarGurus is EBITDA-positive (as of the last 12 months).
What is the current EBITDA of CarGurus?CarGurus' last 12 months EBITDA is $324M.
What is CarGurus' EBITDA margin?CarGurus' last 12 months EBITDA margin is 35%.
What is the current EV/EBITDA multiple of CarGurus?Current EBITDA multiple of CarGurus is 9.9x.
What is the current FCF of CarGurus?CarGurus' last 12 months FCF is $273M.
What is CarGurus' FCF margin?CarGurus' last 12 months FCF margin is 29%.
What is the current EV/FCF multiple of CarGurus?Current FCF multiple of CarGurus is 11.7x.

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