Carvana (CVNA) vs Penske Automotive Group (PAG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Penske Automotive Group (PAG) has outperformed Carvana (CVNA) over the past year, gaining 14.5% versus a loss of 15.3%. Over five years, PAG leads with a +87.9% price change compared with +9.3% for CVNA. Carvana is the larger company by market cap ($70.05 billion vs $13.00 billion), about 5.4 times the size.
On valuation, Penske Automotive Group trades at a lower forward P/E (13.8x vs 28.1x for Carvana). Penske Automotive Group pays a dividend yielding 2.85%, while Carvana does not currently pay one. Carvana converts more of its revenue into profit, with a net margin of 6.9% versus 2.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CVNA | PAG |
|---|---|---|
| Share price | $63.20 | $198.05 |
| Market cap | $70.05B | $13.00B |
| 1-day change | +0.70% | +1.97% |
| YTD return | -25.64% | +22.70% |
| 1-year return | -15.26% | +14.48% |
| 5-year return | +9.32% | +87.87% |
| P/E ratio (TTM) | 33.44 | 13.93 |
| Forward P/E | 28.10 | 13.79 |
| EPS (TTM) | $1.89 | $14.22 |
| Dividend yield | 0.00% | 2.85% |
| Annual dividend | $0.00 | $5.64 |
| Revenue (latest FY) | $20.32B | $31.81B |
| Revenue growth (YoY) | +48.63% | -0.18% |
| Net income (latest FY) | $1.41B | $935.40M |
| Gross margin | 20.63% | 16.40% |
| Operating margin | 9.26% | 4.03% |
| Net margin | 6.92% | 2.94% |
| 52-week high | $97.38 | $227.00 |
| 52-week low | $54.46 | $140.12 |
| Distance from 52-week high | -35.10% | -12.75% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +30.21% | +5.72% |
| Average volume | 8.57M | 425.30K |
| Shares outstanding | 719.92M | 65.66M |
| Employees | 23,100 | 28,600 |
| Sector | Consumer Discretionary | Consumer Discretionary |
| Industry | Retail-Auto Dealers and Gas Stations | Retail-Auto Dealers and Gas Stations |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Carvana is about 5.4 times larger than Penske Automotive Group by market value ($70.05B vs $13.00B).
- PAG has outperformed CVNA by 29.7 percentage points over the past year.
- Carvana trades at a higher earnings multiple (33.4x vs 13.9x trailing P/E).
- Penske Automotive Group offers a meaningfully higher dividend yield (2.85% vs 0.00%).
- Carvana grew revenue faster in its latest fiscal year (+48.63% vs -0.18%).
About Carvana
CVNA stock →Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars. It provides vehicle acquisition, inspection and reconditioning, online search and shopping experience, financing, complementary products, logistics network and distinctive fulfillment experience, and post-sale customer support services.
Consumer Discretionary · Retail-Auto Dealers and Gas Stations · 23,100 employees
About Penske Automotive Group
PAG stock →Penske Automotive Group, Inc., a diversified transportation services company, operates automotive and commercial truck dealerships in the United States, the United Kingdom, Germany, Italy, Japan, Canada, Australia, New Zealand, and internationally. It operates through four segments: Retail Automotive, Retail Commercial Truck, Other, and Non-Automotive Investments.
Consumer Discretionary · Retail-Auto Dealers and Gas Stations · 28,600 employees
CVNA vs PAG FAQ
Which is bigger, Carvana or Penske Automotive Group?
Carvana (CVNA) is larger, with a market capitalization of $70.05B compared with $13.00B for Penske Automotive Group (PAG).
Which stock has performed better over the past year, CVNA or PAG?
PAG returned +14.48% over the past 12 months, compared with -15.26% for CVNA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CVNA or PAG?
PAG has the lower trailing P/E at 13.9, versus 33.4 for CVNA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Carvana or Penske Automotive Group?
Penske Automotive Group pays a dividend yielding 2.85%, while Carvana does not currently pay a regular dividend.
Are Carvana and Penske Automotive Group in the same industry?
Yes. Both are classified in the Retail-Auto Dealers and Gas Stations industry within the Consumer Discretionary sector.