Carvana Co (CVNA) — Financial Flexibility Index

Latest as of December 2025: 0.05x

Carvana Co (CVNA) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of $481.00 Million (operating CF $430.00 Million minus capex $51.00 Million) represents 0% of total liabilities ($9.00 Billion). Also explore net asset momentum of Carvana Co to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$481.00 Million
Operating CF − Capex

Total Liabilities

$9.00 Billion
USD

Capital Expenditures

$51.00 Million
USD

Carvana Co Financial Flexibility Index (2014–2025)

Historical Financial Flexibility Index trend for Carvana Co across 12 annual periods. Check CVNA strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Carvana Co (2014–2025)

Year-by-year free cash flow to debt coverage for Carvana Co. For the full company profile including market capitalisation, see CVNA stock market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.13x $1.18 Billion $1.04 Billion $9.00 Billion ▼ -7.4%
2024 0.14x $1.01 Billion $918.00 Million $7.11 Billion ▲ +18.9%
2023 0.12x $890.00 Million $803.00 Million $7.46 Billion ▲ +243.4%
2022 -0.08x $-812.00 Million $-1.32 Billion $9.75 Billion ▲ +73.5%
2021 -0.31x $-2.04 Billion $-2.59 Billion $6.49 Billion ▼ -182.1%
2020 -0.11x $-248.41 Million $-608.41 Million $2.23 Billion ▲ +60.6%
2019 -0.28x $-526.60 Million $-757.13 Million $1.87 Billion ▲ +20.4%
2018 -0.35x $-270.67 Million $-414.34 Million $763.59 Million ▼ -5.6%
2017 -0.34x $-121.43 Million $-199.92 Million $361.59 Million ▲ +66.4%
2016 -1.00x $-200.69 Million $-240.22 Million $200.82 Million ▼ -78.9%
2015 -0.56x $-39.56 Million $-53.51 Million $70.81 Million ▲ +58.5%
2014 -1.35x $-26.39 Million $-30.16 Million $19.61 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities