ACV Auctions Inc
NASDAQ:ACVA

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ACV Auctions Inc
NASDAQ:ACVA
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Price: 21.48 USD 0.28%
Market Cap: 3.6B USD
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ACV Auctions Inc
Revenue

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Annual
TTM
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ACV Auctions Inc
Revenue Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Revenue CAGR 3Y CAGR 5Y CAGR 10Y
ACV Auctions Inc
NASDAQ:ACVA
Revenue
$596m
CAGR 3-Years
24%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
KAR Auction Services Inc
NYSE:KAR
Revenue
$1.7B
CAGR 3-Years
-3%
CAGR 5-Years
-9%
CAGR 10-Years
-3%
UniFirst Corp
NYSE:UNF
Revenue
$2.4B
CAGR 3-Years
10%
CAGR 5-Years
6%
CAGR 10-Years
6%
Driven Brands Holdings Inc
NASDAQ:DRVN
Revenue
$2.3B
CAGR 3-Years
37%
CAGR 5-Years
36%
CAGR 10-Years
N/A
Copart Inc
NASDAQ:CPRT
Revenue
$4.4B
CAGR 3-Years
14%
CAGR 5-Years
15%
CAGR 10-Years
14%
Cintas Corp
NASDAQ:CTAS
Revenue
$12.1B
CAGR 3-Years
19%
CAGR 5-Years
12%
CAGR 10-Years
10%
No Stocks Found

ACV Auctions Inc
Glance View

Market Cap
3.6B USD
Industry
Commercial Services & Supplies

In the ever-evolving landscape of automotive commerce, ACV Auctions Inc. has carved out a distinct niche by transforming the way dealers buy and sell used vehicles. Founded in 2014, ACV Auctions emerged to tackle inefficiencies within the traditional auction model. It recognized the frustrations dealers faced with the time-consuming and often opaque physical auctions. By leveraging digital technology, ACV developed an online platform that facilitates real-time, 20-minute auctions. Sellers can upload detailed vehicle information and inspection reports, ensuring transparency and enabling buyers to make informed decisions quickly. The process significantly reduces the time vehicles spend in inventory, allowing sellers to receive faster payments while buyers gain access to a broader array of options. The company's business model thrives on the fundamental concept of efficiency. Revenue is generated primarily through transaction fees levied on each vehicle sold on the platform, combined with ancillary services like transportation and floorplan financing. By enabling seamless transactions and offering value-added services, ACV Auctions streamlines the supply chain between wholesale automotive sellers and buyers. This digital transformation not only ensures a faster turnaround but also infuses the market with greater trust and competitiveness, marking ACV Auctions as a disruptive force within the used car industry. The success of this model is evidenced by the company's rapid growth and its role in reshaping how dealers perceive vehicle sourcing and inventory management.

ACVA Intrinsic Value
16.17 USD
Overvaluation 25%
Intrinsic Value
Price

See Also

What is ACV Auctions Inc's Revenue?
Revenue
596m USD

Based on the financial report for Sep 30, 2024, ACV Auctions Inc's Revenue amounts to 596m USD.

What is ACV Auctions Inc's Revenue growth rate?
Revenue CAGR 3Y
24%

Over the last year, the Revenue growth was 29%. The average annual Revenue growth rates for ACV Auctions Inc have been 24% over the past three years .

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