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Gross Margin
CarGurus Inc
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 Across Competitors
Country | US |
Market Cap | 3.7B USD |
Gross Margin |
81%
|
Country | US |
Market Cap | 2T USD |
Gross Margin |
58%
|
Country | US |
Market Cap | 1.4T USD |
Gross Margin |
82%
|
Country | CN |
Market Cap | 3.7T HKD |
Gross Margin |
52%
|
Country | JP |
Market Cap | 35.9B EUR |
Gross Margin |
72%
|
Country | CN |
Market Cap | 28.2B USD |
Gross Margin |
51%
|
Country | CN |
Market Cap | 192.8B HKD |
Gross Margin |
54%
|
Country | AU |
Market Cap | 32.6B AUD |
Gross Margin |
85%
|
Country | KR |
Market Cap | 28.7T KRW |
Gross Margin |
0%
|
Country | US |
Market Cap | 20.3B USD |
Gross Margin |
79%
|
Country | CN |
Market Cap | 17.6B USD |
Gross Margin |
14%
|
CarGurus Inc
Glance View
Cargurus, Inc. engages in the provision of online auto shopping. The company is headquartered in Cambridge, Massachusetts and currently employs 1,203 full-time employees. The company went IPO on 2017-10-12. The firm offers an online automotive platform for buying and selling vehicles. The firm's segments include United States and International. The CarGurus marketplace enables consumers to purchase or sell a vehicle either online or in-person; and enables dealerships to accurately price, effectively market, instantly acquire and sell vehicles, all with a nationwide reach. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers. The firm operates two online marketplaces as independent brands: PistonHeads in the United Kingdom and Autolist in the United States. The company offers paid listings subscriptions for dealers and display advertising products through the PistonHeads Website, as well as paid listings subscriptions for dealers through the Autolist Website.
See Also
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.
Based on CarGurus Inc's most recent financial statements, the company has Gross Margin of 80.7%.