ACV Auctions Inc
NASDAQ:ACVA

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ACV Auctions Inc
NASDAQ:ACVA
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Price: 21.46 USD 0.19%
Market Cap: 3.6B USD
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Gross Margin
ACV Auctions Inc

51.5%
Current
46%
Average
28.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
51.5%
=
Gross Profit
306.8m
/
Revenue
596m

Gross Margin Across Competitors

Country US
Market Cap 3.6B USD
Gross Margin
51%
Country US
Market Cap 75.7B USD
Gross Margin
49%
Country US
Market Cap 56.5B USD
Gross Margin
45%
Country AU
Market Cap 26.8B AUD
Gross Margin
49%
Country CA
Market Cap 23.9B CAD
Gross Margin
47%
Country US
Market Cap 12B USD
Gross Margin N/A
Country IN
Market Cap 631B INR
Gross Margin
45%
Country FR
Market Cap 5B EUR
Gross Margin
0%
Country US
Market Cap 4.9B EUR
Gross Margin
35%
Country UK
Market Cap 4B GBP
Gross Margin
0%
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

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
51.5%
=
Gross Profit
306.8m
/
Revenue
596m
What is the Gross Margin of ACV Auctions Inc?

Based on ACV Auctions Inc's most recent financial statements, the company has Gross Margin of 51.5%.