CPNG vs. CVNA: Coupang vs. Carvana Stock Comparison

November 11, 2026

How do Coupang (CPNG) and Carvana (CVNA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Coupang (CPNG) and Carvana (CVNA) both fall under the Consumer Discretionary Distribution & Retail industry group, but CPNG is classified in Broadline Retail while CVNA is classified in Specialty Retail.

Company profile comparison for Coupang (CPNG) and Carvana (CVNA)
Profile Item	CPNG	CVNA
Name	Coupang, Inc. Class A Common Stock	Carvana Co. Class A Common Stock
Country/Region	United States	United States
GICS Sector	Consumer Discretionary	Consumer Discretionary
GICS Industry Group	Consumer Discretionary Distribution & Retail	Consumer Discretionary Distribution & Retail
GICS Industry	Broadline Retail	Specialty Retail
GICS Sub-Industry	Broadline Retail	Automotive Retail
Market Capitalization	29.20 billion USD	109.76 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	March 11, 2021	April 28, 2017
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CPNG

CVNA

GSPC

Coupang (CPNG) vs. Carvana (CVNA), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Coupang (CPNG) and Carvana (CVNA). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Coupang (CPNG) and Carvana (CVNA). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Total Return (1Y)	-44.02%	23.56%
Total Return (3Y, Annualized)	2.15%	131.08%
Total Return (5Y, Annualized)	-11.45%	4.89%

Risk Profile

Drawdown History

CPNG

CVNA

GSPC

Coupang (CPNG) vs. Carvana (CVNA), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Coupang (CPNG) and Carvana (CVNA). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Carvana (CVNA) carries a highly aggressive beta of 3.60, indicating much higher sensitivity to broad-market moves, whereas Coupang (CPNG) is closer to market-like at 1.09 — a noticeable difference in market-sensitivity profile.

Risk profile metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Volatility (1Y, Annualized)	49.06%	61.26%
Beta (5Y)	1.09	3.60
Max Drawdown (5Y)	-69.07%	-98.76%
Avg. Volume (3M)	15.76M	8.89M

Risk-Adjusted Performance

Risk-Return Positioning

CPNG and CVNA are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Sharpe Ratio (1Y)	-0.98	0.31
Sortino Ratio (1Y)	-1.37	0.46

Profitability

ROE (TTM)

Coupang (CPNG) reports a negative ROE of -35.97%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Carvana (CVNA) reports 54.67%, ranking against industry peers normally.

CPNG

Consumer Discretionary Distribution & Retail industry group

-35.97%

Max: 62.17%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%
CPNG: -35.97%

CVNA

Consumer Discretionary Distribution & Retail industry group

54.67%

Max: 62.17%
CVNA: 54.67%
Q3: 29.44%
Median: 15.69%
Q1: 6.73%
Min: -12.16%

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their ROE against the Consumer Discretionary Distribution & Retail industry group benchmark.

Net Margin (TTM)

Coupang (CPNG) reports a negative net margin of -3.77%, usually indicating a net loss over the period. Meanwhile Carvana (CVNA) reports 6.22%, ranking against industry peers normally.

CPNG

Consumer Discretionary Distribution & Retail industry group

-3.77%

Max: 16.94%
Q3: 8.69%
Median: 3.55%
Q1: 1.14%
CPNG: -3.77%
Min: -9.41%

CVNA

Consumer Discretionary Distribution & Retail industry group

6.22%

Max: 16.94%
Q3: 8.69%
CVNA: 6.22%
Median: 3.55%
Q1: 1.14%
Min: -9.41%

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their net margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Operating Margin (TTM)

Coupang (CPNG) reports a negative operating margin of -2.03%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Carvana (CVNA) reports 8.91%, ranking against industry peers normally.

CPNG

Consumer Discretionary Distribution & Retail industry group

-2.03%

Max: 21.45%
Q3: 10.89%
Median: 5.57%
Q1: 2.28%
CPNG: -2.03%
Min: -7.12%

CVNA

Consumer Discretionary Distribution & Retail industry group

8.91%

Max: 21.45%
Q3: 10.89%
CVNA: 8.91%
Median: 5.57%
Q1: 2.28%
Min: -7.12%

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their operating margin against the Consumer Discretionary Distribution & Retail industry group benchmark.

Profitability Metrics

Profitability metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
ROE (TTM)	-35.97%	54.67%
ROA (TTM)	-3.27%	11.98%
Net Margin (TTM)	-3.77%	6.22%
Operating Margin (TTM)	-2.03%	8.91%
Gross Margin (TTM)	27.63%	19.04%

Growth

Revenue Growth

Both companies are growing quickly, but Carvana (CVNA) at 48.63% is the standout with revenue growth above its industry range; Coupang (CPNG) at 14.09% also sits in the top quartile.

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both companies show strong earnings momentum, but Carvana (CVNA) at 431.45% is the standout with EPS growth above its industry range; Coupang (CPNG) at 37.50% also sits in the top quartile.

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Revenue Growth (YoY)	14.09%	48.63%
Revenue Growth (3Y CAGR)	18.83%	14.31%
EPS Growth (YoY)	37.50%	431.45%
EPS Growth (3Y CAGR)	--	--

Financial Strength

Current Ratio (MRQ)

Carvana (CVNA) at 4.05 carries current ratio above its industry’s typical mid-range, while Coupang (CPNG) at 0.80 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.

CPNG

Consumer Discretionary Distribution & Retail industry group

0.80

Max: 2.62
Q3: 1.75
Median: 1.35
Q1: 1.00
CPNG: 0.80
Min: 0.48

CVNA

Consumer Discretionary Distribution & Retail industry group

4.05

CVNA: 4.05
Max: 2.62
Q3: 1.75
Median: 1.35
Q1: 1.00
Min: 0.48

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their current ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Debt / Equity (MRQ)

Both Coupang (CPNG) at 1.78 and Carvana (CVNA) at 1.01 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

CPNG

Consumer Discretionary Distribution & Retail industry group

1.78

Max: 3.93
Q3: 2.14
CPNG: 1.78
Median: 1.25
Q1: 0.73
Min: 0.01

CVNA

Consumer Discretionary Distribution & Retail industry group

1.01

Max: 3.93
Q3: 2.14
Median: 1.25
CVNA: 1.01
Q1: 0.73
Min: 0.01

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their debt-to-equity ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Current Ratio (MRQ)	0.80	4.05
Debt / Equity (MRQ)	1.78	1.01
Net Debt / EBITDA	--	0.78

Dividends

Dividend Yield (TTM)

Neither Coupang (CPNG) nor Carvana (CVNA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CPNG

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
CPNG: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CVNA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 5.84%
Q3: 2.50%
CVNA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their dividend yield against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Payout Ratio (TTM)

Neither Coupang (CPNG) nor Carvana (CVNA) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.

CPNG

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
CPNG: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CVNA

Consumer Discretionary Distribution & Retail industry group

0.00%

Max: 72.73%
Q3: 32.44%
CVNA: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their payout ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Dividend Metrics

Dividend metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
Dividend Yield (TTM)	0.00%	0.00%
Dividend Payout Ratio (TTM)	0.00%	0.00%

Valuation

P/E Ratio (TTM)

An earnings multiple is available for just one side: Carvana (CVNA) trades at 35.37 times trailing earnings, ranked against its peers, while Coupang (CPNG) has no P/E ratio this period.

CPNG

Consumer Discretionary Distribution & Retail industry group

Max: 40.50
Q3: 24.26
Median: 19.23
Q1: 12.64
Min: 4.67
CPNG: --

CVNA

Consumer Discretionary Distribution & Retail industry group

35.37

Max: 40.50
CVNA: 35.37
Q3: 24.26
Median: 19.23
Q1: 12.64
Min: 4.67

Coupang (CPNG) vs. Carvana (CVNA): CPNG does not report P/E ratio, so it has no value marker; CVNA is benchmarked against the Consumer Discretionary Distribution & Retail industry group.

P/S Ratio (TTM)

Coupang (CPNG) at 0.81 is priced about in line with its industry on P/S ratio, while Carvana (CVNA) at 4.00 sits in the pricier quartile — CVNA costs more per dollar of sales.

CPNG

Consumer Discretionary Distribution & Retail industry group

0.81

Max: 4.32
Q3: 1.99
CPNG: 0.81
Median: 0.70
Q1: 0.26
Min: 0.03

CVNA

Consumer Discretionary Distribution & Retail industry group

4.00

Max: 4.32
CVNA: 4.00
Q3: 1.99
Median: 0.70
Q1: 0.26
Min: 0.03

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their P/S ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: Coupang (CPNG) at 10.26 sits in the upper P/B ratio quartile, and Carvana (CVNA) at 12.20 prices even higher, above its industry range.

CPNG

Consumer Discretionary Distribution & Retail industry group

10.26

Max: 10.96
CPNG: 10.26
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

CVNA

Consumer Discretionary Distribution & Retail industry group

12.20

CVNA: 12.20
Max: 10.96
Q3: 5.26
Median: 2.16
Q1: 1.08
Min: -4.45

Coupang (CPNG) vs. Carvana (CVNA): A comparison of their P/B ratio against the Consumer Discretionary Distribution & Retail industry group benchmark.

Valuation Metrics

Valuation metrics for Coupang (CPNG) and Carvana (CVNA)
Metric	CPNG	CVNA
P/E Ratio (TTM)	--	35.37
P/S Ratio (TTM)	0.81	4.00
P/B Ratio (MRQ)	10.26	12.20
Free Cash Flow Yield (TTM)	1.80%	0.59%