• Carvana average net profit margin for 2023 was -5.19%, a 15.06% decline from 2022.
• Carvana average net profit margin for 2022 was -6.11%, a 373.64% decline from 2021.
• Carvana average net profit margin for 2021 was -1.29%, a 61.95% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.