CarGurus Inc
NASDAQ:CARG

Watchlist Manager
CarGurus Inc Logo
CarGurus Inc
NASDAQ:CARG
Watchlist
Price: 36.54 USD 1.73%
Market Cap: 3.8B USD
Have any thoughts about
CarGurus Inc?
Write Note

Operating Margin
CarGurus Inc

9.2%
Current
9%
Average
2.6%
Industry

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
9.2%
=
Operating Profit
82.1m
/
Revenue
889m

Operating Margin Across Competitors

Country US
Market Cap 3.8B USD
Operating Margin
9%
Country US
Market Cap 2.4T USD
Operating Margin
32%
Country US
Market Cap 1.5T USD
Operating Margin
41%
Country CN
Market Cap 3.9T HKD
Operating Margin
31%
Country JP
Market Cap 36.7B EUR
Operating Margin
12%
Country CN
Market Cap 30.9B USD
Operating Margin
17%
Country CN
Market Cap 186.9B HKD
Operating Margin
12%
Country CN
Market Cap 21.6B USD
Operating Margin
-98%
Country KR
Market Cap 30.6T KRW
Operating Margin
17%
Country US
Market Cap 20.2B USD
Operating Margin
3%
Country AU
Market Cap 30.9B AUD
Operating Margin
42%
No Stocks Found

CarGurus Inc
Glance View

Market Cap
3.8B USD
Industry
Media

CarGurus Inc. began as an innovative disruptor in the automotive marketplace landscape, spearheaded by Langley Steinert, one of the co-founders of TripAdvisor. Founded in 2006 and based in Cambridge, Massachusetts, the company leveraged its tech-savvy DNA to create a platform where transparency in car buying and selling became paramount. CarGurus' business strategy hinges on a potent blend of technology and data analytics to enhance the car purchasing experience. By employing algorithms and consumer data, CarGurus helps potential car buyers make informed decisions by ranking vehicles based on various metrics such as price, dealer reputation, and vehicle history. This analytical approach enables consumers to sift through vast automotive listings with intelligent filters, thus making the car-buying process less daunting and more efficient. The financial backbone of CarGurus lies primarily in its subscription-based revenue model, charging dealers for listing their vehicles on the platform. Dealers pay for premium exposure, gaining access to a wider audience of potential buyers through enhanced dashboard features and analytics that provide insights into market trends and consumer preferences. Additionally, CarGurus monetizes its vast user base through advertising partnerships and ancillary services. By acting as a conduit between buyers and sellers, CarGurus taps into the broader digital advertising ecosystem, capitalizing on its traffic and engagement metrics to offer targeted advertising solutions. This dual revenue approach allows CarGurus to maintain its growth trajectory while continually refining its platform to enhance user experience and dealer satisfaction.

CARG Intrinsic Value
41.71 USD
Undervaluation 12%
Intrinsic Value
Price

See Also

Discover More
What is Operating Margin?

Operating Margin represents how efficiently a company is able to generate profit through its core operations.

Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.

Operating Margin
9.2%
=
Operating Profit
82.1m
/
Revenue
889m
What is the Operating Margin of CarGurus Inc?

Based on CarGurus Inc's most recent financial statements, the company has Operating Margin of 9.2%.