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CARVANA CO. Interest Expense 2015-2024 | CVNA

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What is interest expense?

Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.

What is CARVANA CO.'s current interest expense?

CARVANA CO. (CVNA) annual interest expense for 2023 was $632.0M, a 30.04% increase from 2022. CARVANA CO. interest expense for the quarter ending March 31, 2024 was $173.0M.

What was CARVANA CO.'s interest expense in 2022?

CARVANA CO. annual interest expense for 2022 was $486.0M, a 176.14% increase from 2021.

What was CARVANA CO.'s interest expense in 2021?

CARVANA CO. annual interest expense for 2021 was $176.0M, a 34.35% increase from 2020.

What is CARVANA CO.'s 5-year interest expense CAGR?

CARVANA CO. interest expense grew at a compound annual growth rate (CAGR) of 90.76% from FY2018 to FY2023, going from $25.0M to $632.0M over 5 years.

Interest Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Growing
CAGR+90.8%
FY2018
$25.0M
→
FY2023
$632.0M
151617181920212223
5 years selected
Interest Expense History
PeriodValueChangeSource
FY2023$632.0M+30.0%10-K
FY2022$486.0M+176.1%10-K
FY2021$176.0M+34.4%10-K
FY2020$131.0M+61.7%10-K
FY2019$81.0M+223.8%10-K
FY2018$25.0M+226.6%10-K
FY2017$7.7M+113.5%10-K
FY2016$3.6M+154.0%10-K
FY2015$1.4M-10-K
Company: CARVANA CO.Ticker: CVNASector: ConsumerIndustry: Retail-Auto Dealers & Gasoline StationsView company profile →