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ACV Auctions (ACVA) Financials

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$14.28 +0.19 (+1.33%)
Closing price 03:59 PM Eastern
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$14.31 +0.03 (+0.22%)
As of 04:10 PM Eastern
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Annual Income Statements for ACV Auctions

Annual Income Statements for ACV Auctions

This table shows ACV Auctions' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
-77 -41 -78 -102 -75 -80
Consolidated Net Income / (Loss)
-77 -41 -78 -102 -75 -80
Net Income / (Loss) Continuing Operations
-77 -41 -78 -102 -75 -80
Total Pre-Tax Income
-77 -41 -77 -102 -75 -79
Total Operating Income
-79 -41 -77 -106 -90 -84
Total Gross Profit
24 95 154 185 237 333
Total Revenue
107 208 358 422 481 637
Operating Revenue
107 208 358 422 481 637
Total Cost of Revenue
83 113 205 237 244 304
Operating Cost of Revenue
83 113 205 237 244 304
Total Operating Expenses
103 136 230 291 326 417
Selling, General & Admin Expense
62 65 121 144 167 217
Depreciation Expense
1.29 6.08 8.26 11 19 37
Other Operating Expenses / (Income)
40 65 101 137 141 163
Total Other Income / (Expense), net
2.09 0.12 -1.31 4.10 15 5.09
Interest Expense
0.00 0.63 0.78 0.98 1.57 4.24
Interest & Investment Income
2.09 0.75 0.13 5.08 17 9.34
Income Tax Expense
0.03 0.49 0.72 0.09 0.53 0.69
Basic Earnings per Share
($4.20) ($1.90) ($0.62) ($0.65) ($0.47) ($0.48)
Weighted Average Basic Shares Outstanding
18.37M 21.60M 125.33M 156.99M 159.95M 164.85M
Diluted Earnings per Share
($4.20) ($1.90) ($0.62) ($0.65) ($0.47) ($0.48)
Weighted Average Diluted Shares Outstanding
18.37M 21.60M 125.33M 156.99M 159.95M 164.85M
Weighted Average Basic & Diluted Shares Outstanding
18.37M 21.60M 125.33M 158.80M 163.89M 168.77M

Quarterly Income Statements for ACV Auctions

This table shows ACV Auctions' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
-24 -25 -18 -16 -18 -23 -20 -17 -16 -26
Consolidated Net Income / (Loss)
-24 -25 -18 -16 -18 -23 -20 -17 -16 -26
Net Income / (Loss) Continuing Operations
-24 -25 -18 -16 -18 -23 -20 -17 -16 -26
Total Pre-Tax Income
-23 -25 -18 -16 -18 -23 -20 -17 -16 -26
Total Operating Income
-25 -27 -21 -20 -22 -27 -23 -19 -17 -26
Total Gross Profit
47 45 60 61 59 58 77 82 90 84
Total Revenue
105 98 120 124 119 118 146 161 171 160
Operating Revenue
105 98 120 124 119 118 146 161 171 160
Total Cost of Revenue
58 53 60 64 60 61 69 79 81 76
Operating Cost of Revenue
58 53 60 64 60 61 69 79 81 76
Total Operating Expenses
72 72 81 80 81 85 100 100 107 109
Selling, General & Admin Expense
35 37 42 41 41 43 54 52 55 57
Depreciation Expense
3.00 3.06 3.29 3.82 4.98 6.90 7.79 8.85 9.72 10
Other Operating Expenses / (Income)
34 33 36 35 35 35 38 40 43 42
Total Other Income / (Expense), net
1.70 2.33 2.98 4.27 4.05 3.64 2.50 1.72 0.97 -0.10
Interest Expense
0.24 0.30 0.32 0.45 0.44 0.36 0.54 0.61 1.08 2.03
Interest & Investment Income
1.94 2.46 3.30 4.72 4.49 4.00 3.03 2.33 2.05 1.93
Income Tax Expense
0.28 -0.61 0.35 0.06 0.00 0.12 0.44 0.15 -0.14 0.24
Basic Earnings per Share
($0.15) ($0.15) ($0.11) ($0.10) ($0.11) ($0.15) ($0.13) ($0.10) ($0.10) ($0.15)
Weighted Average Basic Shares Outstanding
157.26M 156.99M 158.69M 159.46M 160.43M 159.95M 162.89M 164.38M 165.72M 164.85M
Diluted Earnings per Share
($0.15) ($0.15) ($0.11) ($0.10) ($0.11) ($0.15) ($0.13) ($0.10) ($0.10) ($0.15)
Weighted Average Diluted Shares Outstanding
157.26M 156.99M 158.69M 159.46M 160.43M 159.95M 162.89M 164.38M 165.72M 164.85M
Weighted Average Basic & Diluted Shares Outstanding
158.21M 158.80M 159.73M 160.76M 161.44M 163.89M 165.09M 166.59M 167.64M 168.77M

Annual Cash Flow Statements for ACV Auctions

This table details how cash moves in and out of ACV Auctions' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
64 51 332 -285 -98 41
Net Cash From Operating Activities
-72 10 85 -75 -18 65
Net Cash From Continuing Operating Activities
-72 10 85 -75 -18 65
Net Income / (Loss) Continuing Operations
-77 -41 -78 -102 -75 -80
Consolidated Net Income / (Loss)
-77 -41 -78 -102 -75 -80
Depreciation Expense
1.84 7.24 8.75 11 19 37
Non-Cash Adjustments To Reconcile Net Income
4.22 8.72 29 50 59 79
Changes in Operating Assets and Liabilities, net
-1.31 35 126 -35 -21 30
Net Cash From Investing Activities
-25 -20 -129 -283 -111 -16
Net Cash From Continuing Investing Activities
-25 -20 -129 -283 -111 -16
Purchase of Property, Plant & Equipment
-6.59 -8.89 -14 -23 -28 -34
Acquisitions
-15 -5.50 -65 -19 -30 -156
Purchase of Investments
0.00 0.00 -51 -308 -191 -58
Sale of Property, Plant & Equipment
- - - 0.00 0.00 14
Sale and/or Maturity of Investments
- 0.00 0.00 67 138 219
Net Cash From Financing Activities
162 61 376 73 31 -7.87
Net Cash From Continuing Financing Activities
162 62 376 73 31 -7.87
Repayment of Debt
-0.95 -1.38 -14 -200 -381 -486
Repurchase of Common Equity
0.00 0.00 -2.77 -5.46 -16 -27
Issuance of Debt
0.00 6.79 5.25 275 420 492
Other Financing Activities, net
0.27 1.82 1.63 3.39 7.33 13
Effect of Exchange Rate Changes
- 0.00 0.00 -0.02 0.04 -0.17
Cash Interest Paid
0.00 0.17 0.37 0.49 0.99 3.05
Cash Income Taxes Paid
0.03 0.06 0.26 0.39 0.72 0.77

Quarterly Cash Flow Statements for ACV Auctions

This table details how cash moves in and out of ACV Auctions' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
-9.17 -14 36 -45 -46 -44 27 5.13 38 -28
Net Cash From Operating Activities
-2.76 0.13 43 -20 -15 -26 43 4.52 21 -3.22
Net Cash From Continuing Operating Activities
-2.76 0.13 43 -20 -15 -26 43 4.52 21 -3.22
Net Income / (Loss) Continuing Operations
-24 -25 -18 -16 -18 -23 -20 -17 -16 -26
Consolidated Net Income / (Loss)
-24 -25 -18 -16 -18 -23 -20 -17 -16 -26
Depreciation Expense
3.11 3.17 3.39 3.93 5.09 6.88 7.80 8.88 9.77 10
Non-Cash Adjustments To Reconcile Net Income
13 17 13 15 15 15 17 18 22 22
Changes in Operating Assets and Liabilities, net
5.29 4.48 44 -23 -17 -25 38 -4.99 5.77 -9.59
Net Cash From Investing Activities
-5.72 -19 -24 -35 -27 -25 -21 17 16 -28
Net Cash From Continuing Investing Activities
-5.72 -19 -24 -35 -27 -25 -21 17 16 -28
Purchase of Property, Plant & Equipment
-6.30 -6.60 -5.21 -8.50 -7.13 -7.33 -8.59 -9.14 -8.55 -7.97
Acquisitions
- - 0.00 -12 -17 -0.97 -108 -47 -1.40 0.13
Purchase of Investments
-53 -58 -63 -47 -37 -44 -3.95 -20 -11 -24
Sale and/or Maturity of Investments
19 46 44 33 33 28 100 92 23 3.50
Net Cash From Financing Activities
-0.68 4.48 17 9.69 -3.92 7.58 5.29 -16 0.10 3.05
Net Cash From Continuing Financing Activities
-0.68 4.48 17 9.69 -3.92 7.58 5.29 -16 0.10 3.05
Repayment of Debt
-70 -70 -75 -96 -105 -105 -180 -167 -110 -29
Repurchase of Common Equity
-0.92 -1.98 -3.62 -3.02 -4.65 -4.75 -7.09 -6.02 -6.43 -7.59
Issuance of Debt
70 75 95 105 105 115 190 150 115 37
Other Financing Activities, net
0.24 1.46 0.90 3.21 0.80 2.42 2.40 6.41 1.83 2.70
Effect of Exchange Rate Changes
-0.02 0.01 0.00 0.00 -0.01 0.05 -0.05 -0.02 0.02 -0.12

Annual Balance Sheets for ACV Auctions

This table presents ACV Auctions' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024
Total Assets
405 983 915 923 984
Total Current Assets
354 857 755 707 593
Cash & Equivalents
234 566 281 183 224
Short-Term Investments
0.00 14 216 229 46
Note & Lease Receivable
8.50 44 78 119 139
Accounts Receivable
104 223 169 164 169
Other Current Assets
8.04 11 11 13 15
Plant, Property, & Equipment, net
4.91 4.92 5.71 4.92 7.63
Total Noncurrent Assets
45 121 154 211 383
Goodwill
22 79 92 103 180
Intangible Assets
11 18 19 90 159
Other Noncurrent Operating Assets
12 24 43 18 43
Total Liabilities & Shareholders' Equity
405 983 915 923 984
Total Liabilities
178 427 429 466 544
Total Current Liabilities
167 423 348 334 381
Accounts Payable
152 396 324 306 346
Accrued Expenses
12 27 25 28 36
Total Noncurrent Liabilities
11 3.50 81 132 163
Long-Term Debt
4.83 0.50 76 115 123
Other Noncurrent Operating Liabilities
6.38 3.00 5.48 17 40
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
-140 556 486 457 440
Total Preferred & Common Equity
227 556 486 457 440
Preferred Stock
366 0.00 0.00 0.00 0.00
Total Common Equity
-140 556 486 457 440
Common Stock
27 801 837 881 945
Retained Earnings
-167 -245 -347 -423 -502
Accumulated Other Comprehensive Income / (Loss)
-0.06 -0.04 -3.78 -1.53 -2.74

Quarterly Balance Sheets for ACV Auctions

This table presents ACV Auctions' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
900 995 936 959 1,045 1,011 1,034
Total Current Assets
746 831 752 742 696 614 639
Cash & Equivalents
295 317 272 226 210 215 253
Short-Term Investments
208 209 228 224 132 58 35
Note & Lease Receivable
74 104 98 106 121 121 131
Accounts Receivable
153 189 144 169 219 209 204
Other Current Assets
16 12 9.51 17 14 12 17
Plant, Property, & Equipment, net
5.78 5.56 5.52 5.17 7.90 7.49 7.93
Total Noncurrent Assets
149 158 179 212 341 389 387
Goodwill
90 92 97 118 169 176 178
Intangible Assets
52 18 71 53 138 165 66
Other Noncurrent Operating Assets
6.90 48 11 42 33 48 143
Total Liabilities & Shareholders' Equity
900 995 936 959 1,045 1,011 1,034
Total Liabilities
401 514 460 492 586 553 578
Total Current Liabilities
325 413 345 367 430 412 422
Accounts Payable
299 388 320 338 393 368 386
Accrued Expenses
22 26 25 29 37 44 37
Total Noncurrent Liabilities
76 101 116 125 156 141 156
Long-Term Debt
71 96 105 105 125 110 115
Other Noncurrent Operating Liabilities
5.16 5.38 11 20 31 31 41
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
499 481 476 467 458 458 456
Total Preferred & Common Equity
499 481 476 467 458 458 456
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
499 481 476 467 458 458 456
Common Stock
827 849 861 870 903 919 933
Retained Earnings
-323 -366 -381 -399 -443 -460 -476
Accumulated Other Comprehensive Income / (Loss)
-5.47 -2.53 -3.48 -3.65 -1.79 -1.62 -0.17

Annual Metrics and Ratios for ACV Auctions

This table displays calculated financial ratios and metrics derived from ACV Auctions' official financial filings.

Metric 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - -
Revenue Growth
0.00% 95.01% 72.03% 17.60% 14.16% 32.40%
EBITDA Growth
0.00% 56.87% -105.69% -38.03% 25.77% 32.81%
EBIT Growth
0.00% 48.73% -90.56% -37.12% 15.57% 6.21%
NOPAT Growth
0.00% 48.73% -88.96% -38.28% 15.57% 6.21%
Net Income Growth
0.00% 46.88% -90.59% -30.71% 26.35% -5.90%
EPS Growth
0.00% 54.76% 67.37% -4.84% 27.69% -2.13%
Operating Cash Flow Growth
0.00% 114.31% 722.63% -188.14% 76.21% 465.65%
Free Cash Flow Firm Growth
0.00% 0.00% -25.33% -393.56% 2.25% -20.93%
Invested Capital Growth
0.00% 0.00% -928.81% 378.47% 148.19% 82.84%
Revenue Q/Q Growth
0.00% 0.00% 14.88% -0.52% 4.43% 6.90%
EBITDA Q/Q Growth
0.00% 0.00% -25.26% -1.03% 5.67% 8.59%
EBIT Q/Q Growth
0.00% 0.00% -22.73% -1.53% 0.58% 1.14%
NOPAT Q/Q Growth
0.00% 0.00% -21.70% -1.53% 0.58% 1.14%
Net Income Q/Q Growth
0.00% 0.00% -21.91% 1.73% 1.66% -3.77%
EPS Q/Q Growth
0.00% 0.00% 83.42% -66.67% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 8.69% 4.16% -304.52% 55.26%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 1.91% -34.15% 13.37%
Invested Capital Q/Q Growth
0.00% 0.00% 7.65% -3.52% 31.47% 3.33%
Profitability Metrics
- - - - - -
Gross Margin
22.53% 45.74% 42.88% 43.86% 49.20% 52.22%
EBITDA Margin
-72.48% -16.03% -19.17% -22.50% -14.63% -7.42%
Operating Margin
-74.20% -19.51% -21.43% -25.20% -18.63% -13.20%
EBIT Margin
-74.20% -19.51% -21.61% -25.20% -18.63% -13.20%
Profit (Net Income) Margin
-72.27% -19.69% -21.81% -24.24% -15.64% -12.51%
Tax Burden Percent
100.04% 101.21% 100.93% 100.09% 100.70% 100.87%
Interest Burden Percent
97.36% 99.72% 100.00% 96.14% 83.34% 93.94%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% -359.45% -55.86% -25.99%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% -353.88% -52.38% -16.59%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% 339.83% 39.89% 8.21%
Return on Equity (ROE)
0.00% 29.37% -37.55% -19.62% -15.97% -17.78%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% -251.09% -140.98% -84.56%
Operating Return on Assets (OROA)
0.00% -10.05% -11.17% -11.19% -9.76% -8.82%
Return on Assets (ROA)
0.00% -10.14% -11.27% -10.77% -8.19% -8.36%
Return on Common Equity (ROCE)
0.00% 29.37% -37.55% -19.62% -15.97% -17.78%
Return on Equity Simple (ROE_SIMPLE)
0.00% -18.10% -14.06% -21.04% -16.49% -18.11%
Net Operating Profit after Tax (NOPAT)
-55 -28 -54 -74 -63 -59
NOPAT Margin
-51.94% -13.66% -15.00% -17.64% -13.04% -9.24%
Net Nonoperating Expense Percent (NNEP)
0.00% 18.29% -11.05% -5.57% -3.48% -9.39%
Return On Investment Capital (ROIC_SIMPLE)
- - - -13.25% -10.98% -10.46%
Cost of Revenue to Revenue
77.47% 54.26% 57.12% 56.14% 50.80% 47.78%
SG&A Expenses to Revenue
58.44% 31.14% 33.80% 34.08% 34.60% 34.13%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
96.73% 65.25% 64.30% 69.05% 67.84% 65.42%
Earnings before Interest and Taxes (EBIT)
-79 -41 -77 -106 -90 -84
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-77 -33 -69 -95 -70 -47
Valuation Ratios
- - - - - -
Price to Book Value (P/BV)
0.00 0.00 5.27 2.67 5.36 8.23
Price to Tangible Book Value (P/TBV)
0.00 0.00 6.38 3.47 9.29 36.16
Price to Revenue (P/Rev)
3.87 1.99 8.18 3.08 5.08 5.68
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 13.60 13.42 11.86
Enterprise Value to Revenue (EV/Rev)
0.00 2.65 6.56 2.08 4.47 5.45
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 53.16 27.57 0.00 0.00 53.12
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - -
Debt to Equity
0.00 -0.03 0.00 0.16 0.25 0.28
Long-Term Debt to Equity
0.00 -0.03 0.00 0.16 0.25 0.28
Financial Leverage
0.00 -0.98 -1.06 -0.96 -0.76 -0.49
Leverage Ratio
0.00 -2.90 3.33 1.82 1.95 2.13
Compound Leverage Factor
0.00 -2.89 3.33 1.75 1.63 2.00
Debt to Total Capital
0.00% -3.58% 0.09% 13.45% 20.12% 21.85%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% -3.58% 0.09% 13.45% 20.12% 21.85%
Preferred Equity to Total Capital
0.00% -271.64% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
0.00% 103.58% 99.91% 86.55% 79.88% 78.15%
Debt to EBITDA
0.00 -0.14 -0.01 -0.80 -1.63 -2.60
Net Debt to EBITDA
0.00 6.85 8.43 4.44 4.21 3.11
Long-Term Debt to EBITDA
0.00 -0.14 -0.01 -0.80 -1.63 -2.60
Debt to NOPAT
0.00 -0.17 -0.01 -1.02 -1.83 -2.09
Net Debt to NOPAT
0.00 8.04 10.77 5.67 4.72 2.50
Long-Term Debt to NOPAT
0.00 -0.17 -0.01 -1.02 -1.83 -2.09
Altman Z-Score
0.00 1.56 4.41 1.90 3.19 3.90
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - -
Current Ratio
0.00 2.13 2.03 2.17 2.12 1.56
Quick Ratio
0.00 2.08 2.00 2.14 2.08 1.52
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -26 -33 -162 -158 -192
Operating Cash Flow to CapEx
-1,099.04% 116.69% 607.96% -321.32% -63.49% 324.42%
Free Cash Flow to Firm to Interest Expense
0.00 -41.39 -41.99 -165.55 -101.23 -45.14
Operating Cash Flow to Interest Expense
0.00 16.38 109.07 -76.79 -11.43 15.41
Operating Cash Flow Less CapEx to Interest Expense
0.00 2.34 91.13 -100.69 -29.43 10.66
Efficiency Ratios
- - - - - -
Asset Turnover
0.00 0.52 0.52 0.44 0.52 0.67
Accounts Receivable Turnover
0.00 2.00 2.19 2.15 2.89 3.83
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 42.42 72.94 79.34 90.56 101.60
Accounts Payable Turnover
0.00 0.74 0.75 0.66 0.78 0.93
Days Sales Outstanding (DSO)
0.00 182.43 166.44 169.49 126.19 95.32
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 490.65 488.39 554.96 469.97 390.52
Cash Conversion Cycle (CCC)
0.00 -308.23 -321.95 -385.47 -343.78 -295.20
Capital & Investment Metrics
- - - - - -
Invested Capital
0.00 -2.25 -23 65 160 293
Invested Capital Turnover
0.00 -184.96 -28.19 20.38 4.28 2.81
Increase / (Decrease) in Invested Capital
0.00 -2.25 -21 88 96 133
Enterprise Value (EV)
0.00 551 2,352 878 2,149 3,474
Market Capitalization
414 414 2,931 1,299 2,446 3,621
Book Value per Share
$0.00 ($6.47) $3.57 $3.07 $2.83 $2.62
Tangible Book Value per Share
$0.00 ($8.01) $2.95 $2.37 $1.63 $0.60
Total Capital
0.00 -135 557 561 572 563
Total Debt
0.00 4.83 0.50 76 115 123
Total Long-Term Debt
0.00 4.83 0.50 76 115 123
Net Debt
0.00 -229 -579 -421 -296 -147
Capital Expenditures (CapEx)
6.59 8.89 14 23 28 20
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 -46 -146 -90 -38 -58
Debt-free Net Working Capital (DFNWC)
0.00 188 434 407 373 212
Net Working Capital (NWC)
0.00 188 434 407 373 212
Net Nonoperating Expense (NNE)
22 13 24 28 12 21
Net Nonoperating Obligations (NNO)
0.00 137 -579 -421 -296 -147
Total Depreciation and Amortization (D&A)
1.84 7.24 8.75 11 19 37
Debt-free, Cash-free Net Working Capital to Revenue
0.00% -22.09% -40.66% -21.38% -7.97% -9.11%
Debt-free Net Working Capital to Revenue
0.00% 90.09% 121.10% 96.45% 77.50% 33.28%
Net Working Capital to Revenue
0.00% 90.09% 121.10% 96.45% 77.50% 33.28%
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.62) ($0.65) ($0.47) ($0.48)
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 156.27M 156.99M 159.95M 164.85M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.62) ($0.65) ($0.47) ($0.48)
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 156.27M 156.99M 159.95M 164.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($0.62) $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 125.33M 158.80M 163.89M 168.77M
Normalized Net Operating Profit after Tax (NOPAT)
-55 -28 -54 -74 -63 -59
Normalized NOPAT Margin
-51.94% -13.66% -15.00% -17.64% -13.04% -9.24%
Pre Tax Income Margin
-72.24% -19.45% -21.61% -24.22% -15.53% -12.40%
Debt Service Ratios
- - - - - -
EBIT to Interest Expense
0.00 -64.21 -99.05 -108.49 -57.30 -19.82
NOPAT to Interest Expense
0.00 -44.95 -68.75 -75.94 -40.11 -13.87
EBIT Less CapEx to Interest Expense
0.00 -78.25 -116.99 -132.39 -75.30 -24.57
NOPAT Less CapEx to Interest Expense
0.00 -58.99 -86.69 -99.84 -58.11 -18.62
Payout Ratios
- - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
0.00% 0.00% -3.54% -5.34% -21.29% -34.04%

Quarterly Metrics and Ratios for ACV Auctions

This table displays calculated financial ratios and metrics derived from ACV Auctions' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
14.84% -2.20% 16.07% 7.95% 12.90% 20.83% 21.79% 29.31% 43.96% 34.75%
EBITDA Growth
0.79% -4.16% 34.77% 28.40% 21.75% 17.56% 15.58% 38.46% 57.15% 22.36%
EBIT Growth
-1.79% -6.22% 28.78% 20.00% 11.17% 1.92% -8.13% 5.81% 23.10% 3.62%
NOPAT Growth
-1.79% -6.22% 28.38% 20.00% 11.17% 1.92% -8.13% 5.81% 23.10% 3.62%
Net Income Growth
4.58% 6.83% 38.29% 36.44% 22.94% 5.20% -12.48% -9.50% 12.11% -12.46%
EPS Growth
6.25% -236.36% 42.11% 37.50% 26.67% 0.00% -18.18% 0.00% 9.09% 0.00%
Operating Cash Flow Growth
-117.67% 104.29% 236.64% 52.25% -434.82% -19,873.13% -0.01% 123.01% 243.27% 87.85%
Free Cash Flow Firm Growth
-1,496.62% -3,731.65% 66.51% 87.48% 35.61% -7.07% -485.79% -1,010.95% -146.07% -31.80%
Invested Capital Growth
366.54% 378.47% 69.67% 8.88% 82.14% 148.19% 378.35% 264.88% 132.63% 82.84%
Revenue Q/Q Growth
-8.39% -7.06% 22.10% 3.84% -4.19% -0.54% 23.07% 10.25% 6.66% -6.90%
EBITDA Q/Q Growth
0.78% -9.74% 27.70% 9.06% -8.44% -15.63% 25.96% 33.71% 24.50% -109.51%
EBIT Q/Q Growth
-1.42% -8.77% 23.66% 5.01% -12.62% -20.10% 15.84% 17.25% 8.06% -50.52%
NOPAT Q/Q Growth
-1.42% -8.77% 23.66% 5.01% -12.62% -20.10% 15.84% 17.25% 8.06% -50.52%
Net Income Q/Q Growth
3.46% -3.58% 25.76% 14.38% -17.05% -27.43% 11.92% 16.65% 6.06% -63.06%
EPS Q/Q Growth
6.25% 0.00% 26.67% 9.09% -10.00% -36.36% 13.33% 23.08% 0.00% -50.00%
Operating Cash Flow Q/Q Growth
93.29% 104.86% 31,974.63% -145.66% 24.86% -79.69% 262.19% -89.49% 367.78% -115.24%
Free Cash Flow Firm Q/Q Growth
32.94% 2.50% 66.92% 42.14% -245.01% -62.13% -80.99% -9.74% 23.58% 13.16%
Invested Capital Q/Q Growth
-9.89% -3.52% -21.69% 59.93% 50.73% 31.47% 50.94% 21.99% -3.90% 3.33%
Profitability Metrics
- - - - - - - - - -
Gross Margin
44.53% 46.09% 50.08% 48.72% 49.26% 48.77% 52.98% 50.93% 52.58% 52.43%
EBITDA Margin
-20.85% -24.62% -14.58% -12.77% -14.45% -16.80% -10.11% -6.08% -4.30% -9.68%
Operating Margin
-23.80% -27.86% -17.42% -15.93% -18.73% -22.61% -15.46% -11.61% -10.00% -16.17%
EBIT Margin
-23.80% -27.86% -17.42% -15.93% -18.73% -22.61% -15.46% -11.61% -10.00% -16.17%
Profit (Net Income) Margin
-22.45% -25.02% -15.21% -12.54% -15.32% -19.63% -14.05% -10.62% -9.36% -16.39%
Tax Burden Percent
101.19% 97.58% 101.94% 100.39% 100.01% 100.51% 102.20% 100.86% 99.15% 100.93%
Interest Burden Percent
93.22% 92.06% 85.69% 78.43% 81.83% 86.39% 88.92% 90.76% 94.32% 100.38%
Effective Tax Rate
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-337.76% -397.39% -132.95% -64.32% -64.01% -67.78% -37.56% -23.51% -20.59% -31.84%
ROIC Less NNEP Spread (ROIC-NNEP)
-336.58% -396.31% -132.18% -63.91% -63.33% -66.53% -36.11% -22.07% -19.04% -28.20%
Return on Net Nonoperating Assets (RNNOA)
323.49% 380.57% 121.71% 53.92% 50.95% 50.66% 24.87% 13.19% 10.68% 13.95%
Return on Equity (ROE)
-14.27% -16.82% -11.24% -10.41% -13.06% -17.12% -12.69% -10.32% -9.91% -17.89%
Cash Return on Invested Capital (CROIC)
-246.97% -251.09% -222.36% -92.46% -125.13% -140.98% -174.59% -147.57% -109.13% -84.56%
Operating Return on Assets (OROA)
-10.73% -12.37% -7.57% -7.45% -9.28% -11.84% -7.69% -6.48% -5.98% -10.81%
Return on Assets (ROA)
-10.12% -11.12% -6.62% -5.86% -7.60% -10.28% -6.99% -5.93% -5.59% -10.95%
Return on Common Equity (ROCE)
-14.27% -16.82% -11.24% -10.41% -13.06% -17.12% -12.69% -10.32% -9.91% -17.89%
Return on Equity Simple (ROE_SIMPLE)
-20.85% 0.00% -18.90% -17.21% -16.39% 0.00% -16.92% -17.27% -16.84% 0.00%
Net Operating Profit after Tax (NOPAT)
-18 -19 -15 -14 -16 -19 -16 -13 -12 -18
NOPAT Margin
-16.66% -19.50% -12.19% -11.15% -13.11% -15.83% -10.82% -8.12% -7.00% -11.32%
Net Nonoperating Expense Percent (NNEP)
-1.18% -1.08% -0.77% -0.41% -0.68% -1.26% -1.45% -1.44% -1.56% -3.64%
Return On Investment Capital (ROIC_SIMPLE)
- -3.40% - - - -3.28% - - - -3.21%
Cost of Revenue to Revenue
55.47% 53.91% 49.92% 51.28% 50.74% 51.23% 47.02% 49.07% 47.42% 47.57%
SG&A Expenses to Revenue
32.92% 37.50% 34.94% 33.15% 34.28% 36.10% 36.96% 32.32% 32.09% 35.54%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
68.33% 73.94% 67.50% 64.65% 67.98% 71.38% 68.44% 62.54% 62.59% 68.60%
Earnings before Interest and Taxes (EBIT)
-25 -27 -21 -20 -22 -27 -23 -19 -17 -26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-22 -24 -17 -16 -17 -20 -15 -9.76 -7.37 -15
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
2.27 2.67 4.26 5.79 5.22 5.36 6.61 6.58 7.42 8.23
Price to Tangible Book Value (P/TBV)
3.18 3.47 5.53 8.96 8.23 9.29 20.10 25.81 15.97 36.16
Price to Revenue (P/Rev)
2.68 3.08 4.68 6.17 5.30 5.08 5.97 5.54 5.68 5.68
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
10.49 13.60 32.04 29.23 17.19 13.42 11.64 9.66 11.34 11.86
Enterprise Value to Revenue (EV/Rev)
1.66 2.08 3.70 5.28 4.55 4.47 5.55 5.24 5.39 5.45
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 113.99 239.57 0.00 0.00 456.03 76.30 53.12
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.14 0.16 0.20 0.22 0.22 0.25 0.27 0.24 0.25 0.28
Long-Term Debt to Equity
0.14 0.16 0.20 0.22 0.22 0.25 0.27 0.24 0.25 0.28
Financial Leverage
-0.96 -0.96 -0.92 -0.84 -0.80 -0.76 -0.69 -0.60 -0.56 -0.49
Leverage Ratio
1.75 1.82 1.99 1.93 1.92 1.95 2.17 2.09 2.16 2.13
Compound Leverage Factor
1.63 1.68 1.70 1.51 1.58 1.69 1.93 1.89 2.04 2.14
Debt to Total Capital
12.39% 13.45% 16.57% 18.07% 18.35% 20.12% 21.43% 19.38% 20.13% 21.85%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
12.39% 13.45% 16.57% 18.07% 18.35% 20.12% 21.43% 19.38% 20.13% 21.85%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
87.62% 86.55% 83.43% 81.93% 81.65% 79.88% 78.57% 80.62% 79.87% 78.15%
Debt to EBITDA
-0.75 -0.80 -1.11 -1.32 -1.41 -1.63 -1.85 -1.79 -2.22 -2.60
Net Debt to EBITDA
4.60 4.44 5.02 4.98 4.63 4.21 3.20 2.64 3.34 3.11
Long-Term Debt to EBITDA
-0.75 -0.80 -1.11 -1.32 -1.41 -1.63 -1.85 -1.79 -2.22 -2.60
Debt to NOPAT
-0.96 -1.02 -1.39 -1.61 -1.66 -1.83 -1.95 -1.74 -1.93 -2.09
Net Debt to NOPAT
5.90 5.67 6.28 6.07 5.47 4.72 3.38 2.58 2.90 2.50
Long-Term Debt to NOPAT
-0.96 -1.02 -1.39 -1.61 -1.66 -1.83 -1.95 -1.74 -1.93 -2.09
Altman Z-Score
2.13 2.18 2.75 3.96 3.27 3.42 3.23 3.35 3.64 4.10
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
2.29 2.17 2.01 2.18 2.02 2.12 1.62 1.49 1.51 1.56
Quick Ratio
2.24 2.14 1.98 2.15 1.97 2.08 1.59 1.46 1.47 1.52
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-110 -107 -35 -20 -71 -114 -207 -227 -174 -151
Operating Cash Flow to CapEx
-43.77% 2.03% 825.11% -230.95% -206.77% -361.33% 500.41% 49.41% 247.22% -40.39%
Free Cash Flow to Firm to Interest Expense
-466.23 -360.91 -112.19 -45.34 -160.71 -317.74 -386.96 -374.88 -161.19 -74.42
Operating Cash Flow to Interest Expense
-11.73 0.45 136.44 -43.51 -33.59 -73.60 80.33 7.45 19.61 -1.59
Operating Cash Flow Less CapEx to Interest Expense
-38.54 -21.84 119.91 -62.35 -49.83 -93.97 64.27 -7.63 11.68 -5.52
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.45 0.44 0.43 0.47 0.50 0.52 0.50 0.56 0.60 0.67
Accounts Receivable Turnover
2.30 2.15 2.10 2.42 2.86 2.89 2.48 3.08 3.20 3.83
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
77.42 79.34 78.67 80.31 84.16 90.56 75.37 83.59 91.00 101.60
Accounts Payable Turnover
0.72 0.66 0.61 0.69 0.74 0.78 0.65 0.78 0.80 0.93
Days Sales Outstanding (DSO)
158.95 169.49 173.84 150.94 127.60 126.19 146.95 118.35 114.07 95.32
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
509.34 554.96 602.16 525.81 491.14 469.97 562.75 467.65 456.78 390.52
Cash Conversion Cycle (CCC)
-350.39 -385.47 -428.32 -374.87 -363.54 -343.78 -415.80 -349.30 -342.71 -295.20
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
67 65 51 81 122 160 242 295 283 293
Invested Capital Turnover
20.27 20.38 10.91 5.77 4.88 4.28 3.47 2.89 2.94 2.81
Increase / (Decrease) in Invested Capital
92 88 21 6.60 55 96 191 214 162 133
Enterprise Value (EV)
702 878 1,620 2,363 2,095 2,149 2,814 2,850 3,214 3,474
Market Capitalization
1,134 1,299 2,050 2,759 2,440 2,446 3,030 3,013 3,387 3,621
Book Value per Share
$3.16 $3.07 $3.03 $2.98 $2.91 $2.83 $2.81 $2.77 $2.74 $2.62
Tangible Book Value per Share
$2.26 $2.37 $2.33 $1.93 $1.84 $1.63 $0.93 $0.71 $1.27 $0.60
Total Capital
569 561 576 581 572 572 583 568 571 563
Total Debt
71 76 96 105 105 115 125 110 115 123
Total Long-Term Debt
71 76 96 105 105 115 125 110 115 123
Net Debt
-432 -421 -430 -395 -345 -296 -216 -163 -173 -147
Capital Expenditures (CapEx)
6.30 6.60 5.21 8.50 7.13 7.33 8.59 9.14 8.55 7.97
Debt-free, Cash-free Net Working Capital (DFCFNWC)
-82 -90 -108 -93 -76 -38 -75 -71 -71 -58
Debt-free Net Working Capital (DFNWC)
420 407 418 407 374 373 266 202 217 212
Net Working Capital (NWC)
420 407 418 407 374 373 266 202 217 212
Net Nonoperating Expense (NNE)
6.11 5.41 3.62 1.73 2.64 4.50 4.70 4.01 4.03 8.08
Net Nonoperating Obligations (NNO)
-432 -421 -430 -395 -345 -296 -216 -163 -173 -147
Total Depreciation and Amortization (D&A)
3.11 3.17 3.39 3.93 5.09 6.88 7.80 8.88 9.77 10
Debt-free, Cash-free Net Working Capital to Revenue
-19.42% -21.38% -24.65% -20.84% -16.47% -7.97% -14.85% -13.00% -11.87% -9.11%
Debt-free Net Working Capital to Revenue
99.13% 96.45% 95.39% 91.04% 81.24% 77.50% 52.47% 37.14% 36.41% 33.28%
Net Working Capital to Revenue
99.13% 96.45% 95.39% 91.04% 81.24% 77.50% 52.47% 37.14% 36.41% 33.28%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($0.15) ($0.15) ($0.11) ($0.10) ($0.11) ($0.15) ($0.13) ($0.10) ($0.10) ($0.15)
Adjusted Weighted Average Basic Shares Outstanding
157.26M 156.99M 158.69M 159.46M 160.43M 159.95M 162.89M 164.38M 165.72M 164.85M
Adjusted Diluted Earnings per Share
($0.15) ($0.15) ($0.11) ($0.10) ($0.11) ($0.15) ($0.13) ($0.10) ($0.10) ($0.15)
Adjusted Weighted Average Diluted Shares Outstanding
157.26M 156.99M 158.69M 159.46M 160.43M 159.95M 162.89M 164.38M 165.72M 164.85M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
158.21M 158.80M 159.73M 160.76M 161.44M 163.89M 165.09M 166.59M 167.64M 168.77M
Normalized Net Operating Profit after Tax (NOPAT)
-18 -19 -15 -14 -16 -19 -16 -13 -12 -18
Normalized NOPAT Margin
-16.66% -19.50% -12.19% -11.15% -13.11% -15.83% -10.82% -8.12% -7.00% -11.32%
Pre Tax Income Margin
-22.19% -25.64% -14.92% -12.50% -15.32% -19.53% -13.75% -10.53% -9.44% -16.23%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-106.77 -92.20 -66.14 -43.88 -50.77 -74.35 -42.11 -30.76 -15.91 -12.73
NOPAT to Interest Expense
-74.74 -64.54 -46.30 -30.72 -35.54 -52.05 -29.47 -21.53 -11.14 -8.91
EBIT Less CapEx to Interest Expense
-133.57 -114.49 -82.68 -62.72 -67.01 -94.72 -58.16 -45.84 -23.85 -16.67
NOPAT Less CapEx to Interest Expense
-101.54 -86.83 -62.83 -49.56 -51.78 -72.41 -45.53 -36.61 -19.07 -12.85
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
-4.73% -5.34% -8.58% -11.64% -17.33% -21.29% -25.15% -28.48% -31.62% -34.04%

Frequently Asked Questions About ACV Auctions' Financials

When does ACV Auctions's fiscal year end?

According to the most recent income statement we have on file, ACV Auctions' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has ACV Auctions' net income changed over the last 5 years?

ACV Auctions' net income appears to be on an upward trend, with a most recent value of -$79.70 million in 2024, rising from -$77.22 million in 2019. The previous period was -$75.26 million in 2023.

What is ACV Auctions's operating income?
ACV Auctions's total operating income in 2024 was -$84.11 million, based on the following breakdown:
  • Total Gross Profit: $332.72 million
  • Total Operating Expenses: $416.82 million
How has ACV Auctions revenue changed over the last 5 years?

Over the last 5 years, ACV Auctions' total revenue changed from $106.85 million in 2019 to $637.16 million in 2024, a change of 496.3%.

How much debt does ACV Auctions have?

ACV Auctions' total liabilities were at $544.15 million at the end of 2024, a 16.7% increase from 2023, and a 205.9% increase since 2020.

How much cash does ACV Auctions have?

In the past 4 years, ACV Auctions' cash and equivalents has ranged from $182.57 million in 2023 to $565.99 million in 2021, and is currently $224.07 million as of their latest financial filing in 2024.

How has ACV Auctions' book value per share changed over the last 5 years?

Over the last 5 years, ACV Auctions' book value per share changed from 0.00 in 2019 to 2.62 in 2024, a change of 262.5%.

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This page (NASDAQ:ACVA) was last updated on 4/17/2025 by MarketBeat.com Staff
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