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ACV Auctions Inc. (ACVA) 10-Year Financial Performance & Capital Metrics

ACVA • • Industrial / General
Consumer CyclicalAuto DealershipsDigital Automotive MarketplacesOnline Vehicle Auctions
AboutACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. It also provides data services that offer insights into the condition and value of used vehicles, as well as offers customer financing services. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.Show more
  • Revenue $637M +32.4%
  • EBITDA -$47M +32.8%
  • Net Income -$80M -5.9%
  • EPS (Diluted) -0.48 -2.1%
  • Gross Margin 61.04% +24.1%
  • EBITDA Margin -7.42% +49.3%
  • Operating Margin -13.2% +29.2%
  • Net Margin -12.51% +20.0%
  • ROE -17.78% -11.3%
  • ROIC -17.33% +13.5%
  • Debt/Equity 0.28 +11.0%
  • Interest Coverage -19.82 +65.4%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y sales CAGR of 42.9%

✗Weaknesses

  • ✗Trading more than 30% below 52-week high

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y42.92%
3Y21.14%
TTM23.4%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM5.32%

EPS CAGR

10Y-
5Y-
3Y-
TTM7.86%

ROCE

10Y Avg-20.73%
5Y Avg-17.21%
3Y Avg-16.16%
Latest-14.11%

Peer Comparison

Online Vehicle Auctions
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Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
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TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
KAROPENLANE, Inc.3.33B31.3069.568.72%8.82%8.36%7.17%0.21
CPRTCopart, Inc.39.93B41.2525.949.68%34.24%16.57%3.08%0.01
ACVAACV Auctions Inc.1.55B8.98-18.7132.4%-9.89%-16.74%3.94%0.28

Profit & Loss

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+106.85M208.36M358.44M421.53M481.23M637.16M
Revenue Growth %-0.95%0.72%0.18%0.14%0.32%
Cost of Goods Sold+82.78M113.05M204.75M236.65M244.45M248.21M
COGS % of Revenue0.77%0.54%0.57%0.56%0.51%0.39%
Gross Profit+24.07M95.31M153.68M184.88M236.78M388.95M
Gross Margin %0.23%0.46%0.43%0.44%0.49%0.61%
Gross Profit Growth %-2.96%0.61%0.2%0.28%0.64%
Operating Expenses+103.35M135.96M230.49M291.08M326.46M473.05M
OpEx % of Revenue0.97%0.65%0.64%0.69%0.68%0.74%
Selling, General & Admin62.44M64.88M121.17M143.64M165.27M217.44M
SG&A % of Revenue0.58%0.31%0.34%0.34%0.34%0.34%
Research & Development000000
R&D % of Revenue------
Other Operating Expenses40.91M71.07M109.32M147.45M161.18M255.62M
Operating Income+-79.28M-40.65M-76.81M-106.21M-89.68M-84.11M
Operating Margin %-0.74%-0.2%-0.21%-0.25%-0.19%-0.13%
Operating Income Growth %-0.49%-0.89%-0.38%0.16%0.06%
EBITDA+-77.38M-33.4M-68.05M-94.83M-70.39M-47.3M
EBITDA Margin %-0.72%-0.16%-0.19%-0.22%-0.15%-0.07%
EBITDA Growth %-0.57%-1.04%-0.39%0.26%0.33%
D&A (Non-Cash Add-back)1.9M7.25M8.75M11.38M19.29M36.81M
EBIT-77.19M-39.9M-76.68M-101.13M-73.17M-74.77M
Net Interest Income+2.09M115K-653K4.1M14.94M5.09M
Interest Income2.09M748K129K5.08M16.51M9.34M
Interest Expense0633K782K979K1.56M4.24M
Other Income/Expense2.09M115K-653K4.1M14.94M5.09M
Pretax Income+-77.19M-40.53M-77.46M-102.11M-74.73M-79.01M
Pretax Margin %-0.72%-0.19%-0.22%-0.24%-0.16%-0.12%
Income Tax+27K489K724K87K526K688K
Effective Tax Rate %1%1.01%1.01%1%1.01%1.01%
Net Income+-77.22M-41.02M-78.18M-102.19M-75.26M-79.7M
Net Margin %-0.72%-0.2%-0.22%-0.24%-0.16%-0.13%
Net Income Growth %-0.47%-0.91%-0.31%0.26%-0.06%
Net Income (Continuing)-77.22M-41.02M-78.18M-102.19M-75.26M-79.7M
Discontinued Operations000000
Minority Interest000000
EPS (Diluted)+-0.50-0.27-0.50-0.65-0.47-0.48
EPS Growth %-0.46%-0.85%-0.3%0.28%-0.02%
EPS (Basic)-0.50-0.27-0.50-0.65-0.47-0.48
Diluted Shares Outstanding154.15M154.15M156.08M156.99M159.95M164.85M
Basic Shares Outstanding154.15M154.15M156.08M156.99M159.95M164.85M
Dividend Payout Ratio------

Balance Sheet

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+268.2M354.4M857.41M754.77M706.9M593.2M
Cash & Short-Term Investments182.28M233.72M579.08M495.98M411.33M270.1M
Cash Only182.28M233.72M565.29M280.05M182.57M224.06M
Short-Term Investments0013.78M215.93M228.76M46.04M
Accounts Receivable83.28M112.64M267.03M246.78M283.04M307.81M
Days Sales Outstanding284.48197.32271.92213.68214.68176.33
Inventory000000
Days Inventory Outstanding------
Other Current Assets2.65M8.04M11.31M12.02M12.52M15.28M
Total Non-Current Assets+36.32M50.14M125.55M160.15M216.03M390.95M
Property, Plant & Equipment5.41M6.91M4.92M5.71M4.92M7.63M
Fixed Asset Turnover19.76x30.14x72.91x73.82x97.85x83.56x
Goodwill16.07M21.82M78.84M91.75M103.38M180.48M
Intangible Assets12.77M19.27M35.97M56.28M89.96M90.82M
Long-Term Investments000000
Other Non-Current Assets2.08M2.15M5.82M6.4M17.77M112.03M
Total Assets+304.52M404.55M982.96M914.92M922.92M984.15M
Asset Turnover0.35x0.52x0.36x0.46x0.52x0.65x
Asset Growth %-0.33%1.43%-0.07%0.01%0.07%
Total Current Liabilities+97.68M166.7M423.36M348.22M333.94M381.17M
Accounts Payable85.83M151.97M395.97M323.66M305.85M345.61M
Days Payables Outstanding378.44490.65705.87499.2456.66508.22
Short-Term Debt000000
Deferred Revenue (Current)1000K1000K1000K000
Other Current Liabilities00-4.32M-1.17M00
Current Ratio2.75x2.13x2.03x2.17x2.12x1.56x
Quick Ratio2.75x2.13x2.03x2.17x2.12x1.56x
Cash Conversion Cycle------
Total Non-Current Liabilities+312.98M377.54M3.5M80.98M132.46M162.98M
Long-Term Debt04.83M500K75.5M115M123M
Capital Lease Obligations1.49M1.32M2.05M000
Deferred Tax Liabilities00952K000
Other Non-Current Liabilities311.49M371.39M05.48M17.45M39.98M
Total Liabilities410.66M544.24M426.86M429.2M466.4M544.14M
Total Debt+1.95M6.9M3.85M76.67M115M123M
Net Debt-180.32M-226.82M-561.44M-203.38M-67.57M-101.06M
Debt / Equity--0.01x0.16x0.25x0.28x
Debt / EBITDA------
Net Debt / EBITDA------
Interest Coverage--64.21x-98.22x-108.49x-57.30x-19.82x
Total Equity+-106.14M-139.69M556.1M485.72M456.53M440M
Equity Growth %--0.32%4.98%-0.13%-0.06%-0.04%
Book Value per Share-0.69-0.913.563.092.852.67
Total Shareholders' Equity-106.14M-139.69M556.1M485.72M456.53M440M
Common Stock21K22K156K158K162K168K
Retained Earnings-125.96M-166.98M-245.16M-347.35M-422.62M-502.31M
Treasury Stock000000
Accumulated OCI-1K-57K-40K-3.77M-1.53M-2.74M
Minority Interest000000

Cash Flow

Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+-72.46M10.37M85.29M-75.17M-17.89M65.4M
Operating CF Margin %-0.68%0.05%0.24%-0.18%-0.04%0.1%
Operating CF Growth %-1.14%7.23%-1.88%0.76%4.66%
Net Income-77.22M-41.02M-78.18M-102.19M-75.26M-79.7M
Depreciation & Amortization1.84M7.24M8.75M11.38M19.29M36.81M
Stock-Based Compensation998K5.71M23.22M39.32M49.65M68.01M
Deferred Taxes000000
Other Non-Cash Items3.22M3.02M5.62M10.99M9.46M10.73M
Working Capital Changes-1.3M35.42M125.88M-34.67M-21.02M29.55M
Change in Receivables-51.95M-29.23M-120.16M47.17M14.41M17.47M
Change in Inventory000000
Change in Payables46.41M66.22M242.86M-73.09M-34.61M16.17M
Cash from Investing+-24.68M-19.67M-129.27M-282.98M-110.97M-15.86M
Capital Expenditures-3.37M-3.5M-2.57M-3.21M-2.33M-4.54M
CapEx % of Revenue0.03%0.02%0.01%0.01%0%0.01%
Acquisitions------
Investments------
Other Investing-6.47M-10.67M-48.42M-58.17M-71.11M-37.62M
Cash from Financing+161.53M60.76M376.25M72.93M30.63M-7.87M
Debt Issued (Net)------
Equity Issued (Net)------
Dividends Paid000000
Share Repurchases------
Other Financing-674K948K-2.52M-2.07M7.16M-15.87M
Net Change in Cash------
Free Cash Flow+-79.05M1.48M71.26M-98.57M-46.05M60.86M
FCF Margin %-0.74%0.01%0.2%-0.23%-0.1%0.1%
FCF Growth %-1.02%47.05%-2.38%0.53%2.32%
FCF per Share-0.510.010.46-0.63-0.290.37
FCF Conversion (FCF/Net Income)0.94x-0.25x-1.09x0.74x0.24x-0.82x
Interest Paid0171K368K493K03.05M
Taxes Paid30K59K261K388K715K769K

Key Ratios

Metric201920202021202220232024
Return on Equity (ROE)---37.55%-19.62%-15.97%-17.78%
Return on Invested Capital (ROIC)----57.51%-20.04%-17.33%
Gross Margin22.53%45.74%42.88%43.86%49.2%61.04%
Net Margin-72.27%-19.69%-21.81%-24.24%-15.64%-12.51%
Debt / Equity--0.01x0.16x0.25x0.28x
Interest Coverage--64.21x-98.22x-108.49x-57.30x-19.82x
FCF Conversion0.94x-0.25x-1.09x0.74x0.24x-0.82x
Revenue Growth-95%72.03%17.6%14.16%32.4%

Revenue by Segment

2021202220232024
Auction Marketplace Revenue164.22M175.72M210.93M303.04M
Auction Marketplace Revenue Growth-7.01%20.04%43.67%
Other Marketplace Revenue-152.96M179M236.67M
Other Marketplace Revenue Growth--17.03%32.22%
Data Services Revenue-32.91M-33.26M
Data Services Revenue Growth----
Marketplace And Service Revenue308.35M361.58M422.53M-
Marketplace And Service Revenue Growth-17.26%16.85%-
Transportation Data And Other Services Revenue144.13M---
Transportation Data And Other Services Revenue Growth----

Frequently Asked Questions

Growth & Financials

ACV Auctions Inc. (ACVA) reported $735.5M in revenue for fiscal year 2024. This represents a 588% increase from $106.8M in 2019.

ACV Auctions Inc. (ACVA) grew revenue by 32.4% over the past year. This is strong growth.

ACV Auctions Inc. (ACVA) reported a net loss of $72.7M for fiscal year 2024.

Dividend & Returns

ACV Auctions Inc. (ACVA) has a return on equity (ROE) of -17.8%. Negative ROE indicates the company is unprofitable.

ACV Auctions Inc. (ACVA) generated $63.7M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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