Carvana company profile
- CEO
- Ernest C. Garcia
- Employees
- 23,100
- Headquarters
- 300 East Rio Salado Parkway, Tempe, AZ 85281, US
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- IPO date
- 28 Apr 2017
- Stock exchange
- NYSE
- ISIN
- US1468691027
Website:carvana.com
About the company
Carvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.
Employees
Carvana had about 23,100 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 32.8% more than a year before.
Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.
Who owns Carvana
Institutions such as funds, banks and insurers held 104.5% of Carvana's shares on 30 June 2026, 908 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
How Carvana pays its executives
The chief executive was paid 5.05M USD for fiscal 2021, 85% of it in shares and options.
| Name and position | Salary | Stock awards | Option awards | Other pay | Total pay |
|---|---|---|---|---|---|
| Ernest Garcia III Chief Executive Officer | 757.50K USD | 1.07M USD | 3.22M USD | 451.00 USD | 5.05M USD |
| Mark Jenkins Chief Financial Officer | 742.50K USD | 1.05M USD | 3.16M USD | 22.47K USD | 4.97M USD |
| Benjamin Huston Chief Operating Officer | 742.50K USD | 1.05M USD | 3.16M USD | 18.89K USD | 4.97M USD |
| Daniel Gill Chief Product Officer | 667.50K USD | 945.88K USD | 2.84M USD | 18.87K USD | 4.47M USD |
| Tom Taira President, Special Projects | 877.50K USD | 593.28K USD | 1.78M USD | 45.88K USD | 3.30M USD |
FY2021 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing
Common questions about Carvana
Source: Financial Modeling PrepVerified against SEC filings
