CVNA vs. PDD: Carvana vs. PDD Stock Comparison
How do Carvana (CVNA) and PDD (PDD) 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
Carvana (CVNA) and PDD (PDD) both fall under the Consumer Discretionary Distribution & Retail industry group, but CVNA is classified in Specialty Retail while PDD is classified in Broadline Retail.
Carvana (CVNA) trades as ordinary local shares, while PDD (PDD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CVNA | PDD |
|---|---|---|
| Name | Carvana Co. Class A Common Stock | PDD Holdings Inc. American Depositary Receipt |
| Country/Region | United States | Ireland |
| GICS Sector | Consumer Discretionary | Consumer Discretionary |
| GICS Industry Group | Consumer Discretionary Distribution & Retail | Consumer Discretionary Distribution & Retail |
| GICS Industry | Specialty Retail | Broadline Retail |
| GICS Sub-Industry | Automotive Retail | Broadline Retail |
| Market Capitalization | 65.96 billion USD | 115.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | April 28, 2017 | July 26, 2018 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CVNA | PDD |
|---|---|---|
| Total Return (1Y) | -12.94% | -34.86% |
| Total Return (3Y, Annualized) | 105.63% | -7.83% |
| Total Return (5Y, Annualized) | 0.83% | -3.17% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
PDD (PDD) reports a negative beta of -0.03, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Carvana (CVNA) has a non-negative beta of 3.66.
| Metric | CVNA | PDD |
|---|---|---|
| Volatility (1Y, Annualized) | 61.80% | 33.37% |
| Beta (5Y) | 3.66 | -0.03 |
| Max Drawdown (5Y) | -98.77% | -74.63% |
| Avg. Volume (3M) | 8.57M | 6.33M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CVNA | PDD |
|---|---|---|
| Sharpe Ratio (1Y) | -0.28 | -1.18 |
| Sortino Ratio (1Y) | -0.39 | -1.56 |
Profitability
ROE (TTM)
Carvana (CVNA) at 58.77% sits in the top ROE quartile, while PDD (PDD) at 22.75% is closer to the peer norm — stronger capital efficiency for CVNA.
CVNA
Consumer Discretionary Distribution & Retail industry group
58.77%
- Max
- 62.17%
- CVNA
- 58.77%
- Q3
- 32.42%
- Median
- 15.81%
- Q1
- 6.44%
- Min
- -20.00%
PDD
Consumer Discretionary Distribution & Retail industry group
22.75%
- Max
- 62.17%
- Q3
- 32.42%
- PDD
- 22.75%
- Median
- 15.81%
- Q1
- 6.44%
- Min
- -20.00%
Net Margin (TTM)
PDD (PDD) at 20.43% converts revenue to bottom-line profit above its industry’s benchmark range, while Carvana (CVNA) at 6.26% keeps roughly the typical share for its industry.
CVNA
Consumer Discretionary Distribution & Retail industry group
6.26%
- Max
- 18.57%
- Q3
- 8.71%
- CVNA
- 6.26%
- Median
- 4.29%
- Q1
- 1.17%
- Min
- -9.41%
PDD
Consumer Discretionary Distribution & Retail industry group
20.43%
- PDD
- 20.43%
- Max
- 18.57%
- Q3
- 8.71%
- Median
- 4.29%
- Q1
- 1.17%
- Min
- -9.41%
Operating Margin (TTM)
PDD (PDD) at 24.71% operates in the top operating margin quartile, ahead of Carvana (CVNA) at 9.22%, which runs around its industry’s norm.
CVNA
Consumer Discretionary Distribution & Retail industry group
9.22%
- Max
- 24.71%
- Q3
- 11.60%
- CVNA
- 9.22%
- Median
- 6.20%
- Q1
- 2.73%
- Min
- -6.74%
PDD
Consumer Discretionary Distribution & Retail industry group
24.71%
- PDD
- 24.71%
- Max
- 24.71%
- Q3
- 11.60%
- Median
- 6.20%
- Q1
- 2.73%
- Min
- -6.74%
Profitability Metrics
| Metric | CVNA | PDD |
|---|---|---|
| ROE (TTM) | 58.77% | 22.75% |
| ROA (TTM) | 11.70% | 10.01% |
| Net Margin (TTM) | 6.26% | 20.43% |
| Operating Margin (TTM) | 9.22% | 24.71% |
| Gross Margin (TTM) | 19.37% | 56.32% |
Growth
Revenue Growth
Carvana (CVNA) at 48.63% clears its industry range for revenue growth, far stronger top-line momentum than PDD (PDD) at 9.65%, which is closer to a typical peer reading.
EPS Growth
Carvana (CVNA) at 431.45% clears its industry range for EPS growth, a much stronger earnings trajectory than PDD (PDD) at -11.79%, which is closer to a typical peer reading.
Growth Metrics
| Metric | CVNA | PDD |
|---|---|---|
| Revenue Growth (YoY) | 48.63% | 9.65% |
| Revenue Growth (3Y CAGR) | 14.31% | 49.00% |
| EPS Growth (YoY) | 431.45% | -11.79% |
| EPS Growth (3Y CAGR) | -- | 45.15% |
Financial Strength
Current Ratio (MRQ)
Both Carvana (CVNA) at 3.93 and PDD (PDD) at 2.62 post current ratio above their industries’ typical mid-ranges — short-term liquidity appears comfortable, though unusually high readings can point to idle current assets.
CVNA
Consumer Discretionary Distribution & Retail industry group
3.93
- CVNA
- 3.93
- Max
- 2.67
- Q3
- 1.80
- Median
- 1.36
- Q1
- 1.02
- Min
- 0.49
PDD
Consumer Discretionary Distribution & Retail industry group
2.62
- Max
- 2.67
- PDD
- 2.62
- Q3
- 1.80
- Median
- 1.36
- Q1
- 1.02
- Min
- 0.49
Debt / Equity (MRQ)
PDD (PDD) at 0.01 keeps leverage in the lower industry quartile, while Carvana (CVNA) at 1.11 runs a more typical debt-to-equity mix.
CVNA
Consumer Discretionary Distribution & Retail industry group
1.11
- Max
- 3.53
- Q3
- 1.84
- CVNA
- 1.11
- Median
- 1.11
- Q1
- 0.70
- Min
- 0.01
PDD
Consumer Discretionary Distribution & Retail industry group
0.01
- Max
- 3.53
- Q3
- 1.84
- Median
- 1.11
- Q1
- 0.70
- PDD
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | CVNA | PDD |
|---|---|---|
| Current Ratio (MRQ) | 3.93 | 2.62 |
| Debt / Equity (MRQ) | 1.11 | 0.01 |
| Net Debt / EBITDA | 1.02 | -4.56 |
Dividends
Dividend Yield (TTM)
Neither Carvana (CVNA) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CVNA
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 6.50%
- Q3
- 2.72%
- CVNA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PDD
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 6.50%
- Q3
- 2.72%
- PDD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Carvana (CVNA) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CVNA
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 72.73%
- Q3
- 29.75%
- CVNA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PDD
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 72.73%
- Q3
- 29.75%
- PDD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CVNA | PDD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
PDD (PDD) at 9.10 sits in the cheaper P/E ratio quartile, while Carvana (CVNA) at 31.49 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
CVNA
Consumer Discretionary Distribution & Retail industry group
31.49
- Max
- 37.23
- CVNA
- 31.49
- Q3
- 24.09
- Median
- 17.91
- Q1
- 12.28
- Min
- 0.91
PDD
Consumer Discretionary Distribution & Retail industry group
9.10
- Max
- 37.23
- Q3
- 24.09
- Median
- 17.91
- Q1
- 12.28
- PDD
- 9.10
- Min
- 0.91
P/S Ratio (TTM)
PDD (PDD) at 0.26 looks cheap on sales in the lower P/S ratio quartile, while Carvana (CVNA) at 2.63 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
CVNA
Consumer Discretionary Distribution & Retail industry group
2.63
- Max
- 3.87
- CVNA
- 2.63
- Q3
- 1.71
- Median
- 0.66
- Q1
- 0.27
- Min
- 0.03
PDD
Consumer Discretionary Distribution & Retail industry group
0.26
- Max
- 3.87
- Q3
- 1.71
- Median
- 0.66
- Q1
- 0.27
- PDD
- 0.26
- Min
- 0.03
P/B Ratio (MRQ)
PDD (PDD) at 1.70 sits near its industry’s typical P/B ratio, while Carvana (CVNA) at 10.62 prices above its benchmark range — CVNA looks rich relative to book.
CVNA
Consumer Discretionary Distribution & Retail industry group
10.62
- CVNA
- 10.62
- Max
- 9.23
- Q3
- 4.75
- Median
- 1.95
- Q1
- 1.03
- Min
- -3.33
PDD
Consumer Discretionary Distribution & Retail industry group
1.70
- Max
- 9.23
- Q3
- 4.75
- Median
- 1.95
- PDD
- 1.70
- Q1
- 1.03
- Min
- -3.33
Valuation Metrics
| Metric | CVNA | PDD |
|---|---|---|
| P/E Ratio (TTM) | 31.49 | 9.10 |
| P/S Ratio (TTM) | 2.63 | 0.26 |
| P/B Ratio (MRQ) | 10.62 | 1.70 |
| Free Cash Flow Yield (TTM) | 0.64% | 64.80% |