# Auto & Truck Dealerships — company-by-company sector analysis

> Auto & Truck Dealerships: CarMax, Inc. owns the largest revenue base; ACV Auctions Inc. has the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-04. Not investment advice.

## Bottom line

Auto & Truck Dealerships has underperformed S&P 500 by 10.7% over 52 weeks and 1.4% over 13 weeks. 8 of 17 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 17 beat the sector itself. CarMax, Inc. leads with revenue of $26,349 million, based on 7 of 17 comparable companies through Jun 2026.

## Sector relative strength

Auto & Truck Dealerships has underperformed S&P 500 by 10.7% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 1.4%. 8 of 17 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Rush Enterprises, Inc. is the strongest against the sector itself at +23%.

13-week sector return versus NIFTY 500: -1.4%
52-week sector return versus NIFTY 500: -11%
Stocks leading NIFTY: 8/17
Stocks leading sector: 10/17

Central tension: The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Companies: 17
Combined market value: ₹1.5 L Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. OPENLANE, Inc. (OPLN): 64/100 — Mixed-positive evidence; evidence 65%
   - Growth & earnings 25.8/35 | Capital efficiency 12.6/25 | Valuation 9.3/20 | Relative strength 16.1/20
   - Price stage: FADING — Was leading by 5% or more four weeks ago and is not now.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 11 of the last 12 weeks
   - Exact sum: 25.8 + 12.6 + 9.3 + 16.1 = 63.8
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Sonic Automotive, Inc. (SAH): 56/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 19.7/35 | Capital efficiency 11.6/25 | Valuation 10.1/20 | Relative strength 14.1/20
   - Price stage: FADING — Was leading by 5% or more four weeks ago and is not now.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 11 of the last 12 weeks
   - Exact sum: 19.7 + 11.6 + 10.1 + 14.1 = 55.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
3. Penske Automotive Group, Inc. (PAG): 55/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 15.5/35 | Capital efficiency 10.9/25 | Valuation 10.3/20 | Relative strength 18.5/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 9 of the last 12 weeks
   - Exact sum: 15.5 + 10.9 + 10.3 + 18.5 = 55.2
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
4. AutoNation, Inc. (AN): 55/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 21.7/35 | Capital efficiency 15.4/25 | Valuation 11.1/20 | Relative strength 6.9/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 21.7 + 15.4 + 11.1 + 6.9 = 55.1
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
5. Lithia Motors, Inc. (LAD): 54/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 16.2/35 | Capital efficiency 9.8/25 | Valuation 10.9/20 | Relative strength 16.8/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 7 of the last 12 weeks
   - Exact sum: 16.2 + 9.8 + 10.9 + 16.8 = 53.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
6. Valvoline Inc. (VVV): 53/100 — Mixed-positive evidence; evidence 81%
   - Growth & earnings 15.5/35 | Capital efficiency 13.8/25 | Valuation 10.3/20 | Relative strength 13.5/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 5 of the last 12 weeks
   - Exact sum: 15.5 + 13.8 + 10.3 + 13.5 = 53.1
   - Decision use: Price leads the evidence: RS versus the benchmark is 0.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
7. Rush Enterprises, Inc. (RUSHA): 53/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 15.2/35 | Capital efficiency 10.7/25 | Valuation 9.9/20 | Relative strength 16.8/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 2 of the last 12 weeks
   - Exact sum: 15.2 + 10.7 + 9.9 + 16.8 = 52.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8. Asbury Automotive Group, Inc. (ABG): 51/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 18.8/35 | Capital efficiency 13.8/25 | Valuation 11.3/20 | Relative strength 7.4/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 3 of the last 12 weeks
   - Exact sum: 18.8 + 13.8 + 11.3 + 7.4 = 51.3
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
9. CarGurus, Inc. (CARG): 49/100 — Mixed-negative evidence; evidence 69%
   - Growth & earnings 18.4/35 | Capital efficiency 15.5/25 | Valuation 4.7/20 | Relative strength 10.4/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 18.4 + 15.5 + 4.7 + 10.4 = 49
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
10. CarMax, Inc. (KMX): 48/100 — Mixed-negative evidence; evidence 85%
   - Growth & earnings 9.1/35 | Capital efficiency 6.5/25 | Valuation 14.5/20 | Relative strength 18.3/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 8 of the last 12 weeks
   - Exact sum: 9.1 + 6.5 + 14.5 + 18.3 = 48.4
   - Decision use: Price leads the evidence: RS versus the benchmark is 12.1%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
11. RideNow Group, Inc. (RDNW): 47/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 16.6/35 | Capital efficiency 5.6/25 | Valuation 11.5/20 | Relative strength 13.6/20
   - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 3 of the last 12 weeks
   - Exact sum: 16.6 + 5.6 + 11.5 + 13.6 = 47.3
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
12. ACV Auctions Inc. (ACVA): 46/100 — Thin evidence · provisional; evidence 55%
   - Growth & earnings 22.7/35 | Capital efficiency 3.0/25 | Valuation 10.0/20 | Relative strength 10.0/20
   - Price stage: BREAKING OUT — Ahead of the benchmark five weeks or more running, with its lead holding or widening.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 10 of the last 12 weeks
   - Exact sum: 22.7 + 3 + 10 + 10 = 45.7
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
13. Driven Brands Holdings Inc. (DRVN): 45/100 — Mixed-negative evidence; evidence 64%
   - Growth & earnings 18.7/35 | Capital efficiency 8.6/25 | Valuation 10.7/20 | Relative strength 7.2/20
   - Price stage: FADING — Was leading by 5% or more four weeks ago and is not now.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 5 of the last 12 weeks
   - Exact sum: 18.7 + 8.6 + 10.7 + 7.2 = 45.2
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14. Group 1 Automotive, Inc. (GPI): 40/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 16.7/35 | Capital efficiency 11.1/25 | Valuation 10.5/20 | Relative strength 1.5/20
   - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 16.7 + 11.1 + 10.5 + 1.5 = 39.8
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
15. Carvana Co. (CVNA): 37/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 13.6/35 | Capital efficiency 12.1/25 | Valuation 9.1/20 | Relative strength 1.7/20
   - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 13.6 + 12.1 + 9.1 + 1.7 = 36.5
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
16. Boyd Group Services Inc. (BGSI): 36/100 — Thin evidence · provisional; evidence 58%
   - Growth & earnings 17.3/35 | Capital efficiency 6.2/25 | Valuation 8.5/20 | Relative strength 3.6/20
   - Price stage: BASING — Behind the benchmark by 5% or more over the past year and still not ahead, but no longer falling further behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 17.3 + 6.2 + 8.5 + 3.6 = 35.6
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
17. Camping World Holdings, Inc. (CWH): 34/100 — Thin evidence · provisional; evidence 52%
   - Growth & earnings 14.2/35 | Capital efficiency 8.0/25 | Valuation 8.9/20 | Relative strength 3.0/20
   - Price stage: BASING — Behind the benchmark by 5% or more over the past year and still not ahead, but no longer falling further behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 2 of the last 12 weeks
   - Exact sum: 14.2 + 8 + 8.9 + 3 = 34.1
   - Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

## Market action

RideNow Group, Inc. has the strongest one-year price move in Auto & Truck Dealerships at +242%. Rush Enterprises, Inc. leads on Mansfield relative strength against the S&P 500 at +17.3%. 8 of 17 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.

### Strongest one-year price performers
1. RideNow Group, Inc. (RDNW): 242%
2. Rush Enterprises, Inc. (RUSHA): 50%
3. OPENLANE, Inc. (OPLN): 43%
4. CarGurus, Inc. (CARG): 27%
5. Lithia Motors, Inc. (LAD): 27%

### Strongest relative strength versus NIFTY 500
1. Rush Enterprises, Inc. (RUSHA): 17%
2. OPENLANE, Inc. (OPLN): 16%
3. Penske Automotive Group, Inc. (PAG): 15%
4. CarMax, Inc. (KMX): 12%
5. Sonic Automotive, Inc. (SAH): 9.2%

## Revenue Scale & Growth Durability

What the numbers say: CarMax, Inc. is the scale leader at $26,349 million, 684% ahead of Boyd Group Services Inc.. ACV Auctions Inc.'s growth is 15.8% from a $782 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: CarMax, Inc. is the scale benchmark; ACV Auctions Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: CarMax, Inc.'s growth falls below ACV Auctions Inc.'s for two consecutive comparable reports while operating margin also compresses.

Evidence: CarMax, Inc. · $26,349 million | 684% versus #2 · Boyd Group Services Inc. | 4/8 recent comparable periods | 7/17 companies · 320 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. CarMax, Inc. (KMX): ₹26.3K Cr
2. Boyd Group Services Inc. (BGSI): ₹3.4K Cr
3. OPENLANE, Inc. (OPLN): ₹2.0K Cr
4. Valvoline Inc. (VVV): ₹1.9K Cr
5. Driven Brands Holdings Inc. (DRVN): ₹1.8K Cr

### Revenue growth — fastest growers
1. ACV Auctions Inc. (ACVA): 16%
2. Valvoline Inc. (VVV): 11%
3. OPENLANE, Inc. (OPLN): 10%
4. Boyd Group Services Inc. (BGSI): 9.8%
5. Driven Brands Holdings Inc. (DRVN): 6.6%

### 20-quarter Revenue history
- CVNA: Sep 2021 ₹3.5K Cr | Dec 2021 ₹3.8K Cr | Mar 2022 ₹3.5K Cr | Jun 2022 ₹3.9K Cr | Sep 2022 ₹3.4K Cr | Dec 2022 ₹2.8K Cr | Mar 2023 ₹2.6K Cr | Jun 2023 ₹3.0K Cr | Sep 2023 ₹2.8K Cr | Dec 2023 ₹2.4K Cr | Mar 2024 ₹3.1K Cr | Jun 2024 ₹3.4K Cr | Sep 2024 ₹3.7K Cr | Dec 2024 ₹3.5K Cr | Mar 2025 ₹4.2K Cr | Jun 2025 ₹4.8K Cr | Sep 2025 ₹5.6K Cr | Dec 2025 ₹5.6K Cr | Mar 2026 ₹6.4K Cr | Jun 2026 —
- PAG: Sep 2021 ₹6.5K Cr | Dec 2021 ₹6.3K Cr | Mar 2022 ₹7.0K Cr | Jun 2022 ₹6.9K Cr | Sep 2022 ₹6.9K Cr | Dec 2022 ₹7.0K Cr | Mar 2023 ₹7.3K Cr | Jun 2023 ₹7.5K Cr | Sep 2023 ₹7.4K Cr | Dec 2023 ₹7.3K Cr | Mar 2024 ₹7.4K Cr | Jun 2024 ₹7.7K Cr | Sep 2024 ₹7.6K Cr | Dec 2024 ₹7.7K Cr | Mar 2025 ₹8.0K Cr | Jun 2025 ₹7.7K Cr | Sep 2025 ₹7.7K Cr | Dec 2025 ₹8.8K Cr | Mar 2026 ₹7.9K Cr | Jun 2026 —
- KMX: Sep 2021 ₹8.0K Cr | Dec 2021 ₹8.5K Cr | Mar 2022 ₹7.7K Cr | Jun 2022 ₹9.3K Cr | Sep 2022 ₹8.1K Cr | Dec 2022 ₹6.5K Cr | Mar 2023 ₹5.7K Cr | Jun 2023 ₹7.7K Cr | Sep 2023 ₹7.1K Cr | Dec 2023 ₹6.1K Cr | Mar 2024 ₹5.6K Cr | Jun 2024 ₹7.1K Cr | Sep 2024 ₹7.0K Cr | Dec 2024 ₹6.2K Cr | Mar 2025 ₹6.0K Cr | Jun 2025 ₹7.5K Cr | Sep 2025 ₹6.6K Cr | Dec 2025 ₹5.8K Cr | Mar 2026 ₹5.9K Cr | Jun 2026 ₹8.0K Cr
- LAD: Sep 2021 ₹6.2K Cr | Dec 2021 ₹6.3K Cr | Mar 2022 ₹6.7K Cr | Jun 2022 ₹7.2K Cr | Sep 2022 ₹7.3K Cr | Dec 2022 ₹6.9K Cr | Mar 2023 ₹7.0K Cr | Jun 2023 ₹8.1K Cr | Sep 2023 ₹8.3K Cr | Dec 2023 ₹7.7K Cr | Mar 2024 ₹8.6K Cr | Jun 2024 ₹9.2K Cr | Sep 2024 ₹9.2K Cr | Dec 2024 ₹9.2K Cr | Mar 2025 ₹9.2K Cr | Jun 2025 ₹9.6K Cr | Sep 2025 ₹9.7K Cr | Dec 2025 ₹9.2K Cr | Mar 2026 ₹9.3K Cr | Jun 2026 —
- AN: Sep 2021 ₹6.4K Cr | Dec 2021 ₹6.6K Cr | Mar 2022 ₹6.8K Cr | Jun 2022 ₹6.9K Cr | Sep 2022 ₹6.7K Cr | Dec 2022 ₹6.7K Cr | Mar 2023 ₹6.4K Cr | Jun 2023 ₹6.9K Cr | Sep 2023 ₹6.9K Cr | Dec 2023 ₹6.8K Cr | Mar 2024 ₹6.5K Cr | Jun 2024 ₹6.5K Cr | Sep 2024 ₹6.6K Cr | Dec 2024 ₹7.2K Cr | Mar 2025 ₹6.7K Cr | Jun 2025 ₹7.0K Cr | Sep 2025 ₹7.0K Cr | Dec 2025 ₹6.9K Cr | Mar 2026 ₹6.6K Cr | Jun 2026 —
- RUSHA: Sep 2021 ₹1.3K Cr | Dec 2021 ₹1.3K Cr | Mar 2022 ₹1.6K Cr | Jun 2022 ₹1.8K Cr | Sep 2022 ₹1.9K Cr | Dec 2022 ₹1.9K Cr | Mar 2023 ₹1.9K Cr | Jun 2023 ₹2.0K Cr | Sep 2023 ₹2.0K Cr | Dec 2023 ₹2.0K Cr | Mar 2024 ₹1.9K Cr | Jun 2024 ₹2.0K Cr | Sep 2024 ₹1.9K Cr | Dec 2024 ₹2.0K Cr | Mar 2025 ₹1.9K Cr | Jun 2025 ₹1.9K Cr | Sep 2025 ₹1.9K Cr | Dec 2025 ₹1.8K Cr | Mar 2026 ₹1.7K Cr | Jun 2026 —
- VVV: Sep 2021 ₹295 Cr | Dec 2021 ₹287 Cr | Mar 2022 ₹296 Cr | Jun 2022 ₹317 Cr | Sep 2022 ₹335 Cr | Dec 2022 ₹333 Cr | Mar 2023 ₹345 Cr | Jun 2023 ₹376 Cr | Sep 2023 ₹390 Cr | Dec 2023 ₹373 Cr | Mar 2024 ₹389 Cr | Jun 2024 ₹421 Cr | Sep 2024 ₹436 Cr | Dec 2024 ₹414 Cr | Mar 2025 ₹403 Cr | Jun 2025 ₹439 Cr | Sep 2025 ₹454 Cr | Dec 2025 ₹462 Cr | Mar 2026 ₹504 Cr | Jun 2026 —
- OPLN: Sep 2021 ₹347 Cr | Dec 2021 ₹358 Cr | Mar 2022 ₹369 Cr | Jun 2022 ₹384 Cr | Sep 2022 ₹393 Cr | Dec 2022 ₹383 Cr | Mar 2023 ₹421 Cr | Jun 2023 ₹417 Cr | Sep 2023 ₹416 Cr | Dec 2023 ₹442 Cr | Mar 2024 ₹430 Cr | Jun 2024 ₹444 Cr | Sep 2024 ₹460 Cr | Dec 2024 ₹455 Cr | Mar 2025 ₹460 Cr | Jun 2025 ₹482 Cr | Sep 2025 ₹498 Cr | Dec 2025 ₹494 Cr | Mar 2026 ₹528 Cr | Jun 2026 —
- ABG: Sep 2021 ₹2.4K Cr | Dec 2021 ₹2.7K Cr | Mar 2022 ₹3.9K Cr | Jun 2022 ₹4.0K Cr | Sep 2022 ₹3.9K Cr | Dec 2022 ₹3.7K Cr | Mar 2023 ₹3.6K Cr | Jun 2023 ₹3.7K Cr | Sep 2023 ₹3.7K Cr | Dec 2023 ₹3.8K Cr | Mar 2024 ₹4.2K Cr | Jun 2024 ₹4.2K Cr | Sep 2024 ₹4.2K Cr | Dec 2024 ₹4.5K Cr | Mar 2025 ₹4.1K Cr | Jun 2025 ₹4.4K Cr | Sep 2025 ₹4.8K Cr | Dec 2025 ₹4.7K Cr | Mar 2026 ₹4.1K Cr | Jun 2026 —
- GPI: Sep 2021 ₹3.4K Cr | Dec 2021 ₹3.5K Cr | Mar 2022 ₹3.8K Cr | Jun 2022 ₹4.1K Cr | Sep 2022 ₹4.2K Cr | Dec 2022 ₹4.1K Cr | Mar 2023 ₹4.1K Cr | Jun 2023 ₹4.6K Cr | Sep 2023 ₹4.7K Cr | Dec 2023 ₹4.5K Cr | Mar 2024 ₹4.5K Cr | Jun 2024 ₹4.7K Cr | Sep 2024 ₹5.2K Cr | Dec 2024 ₹5.5K Cr | Mar 2025 ₹5.5K Cr | Jun 2025 ₹5.7K Cr | Sep 2025 ₹5.8K Cr | Dec 2025 ₹5.6K Cr | Mar 2026 ₹5.4K Cr | Jun 2026 —
- CARG: Sep 2021 ₹223 Cr | Dec 2021 ₹339 Cr | Mar 2022 ₹431 Cr | Jun 2022 ₹511 Cr | Sep 2022 ₹426 Cr | Dec 2022 ₹287 Cr | Mar 2023 ₹232 Cr | Jun 2023 ₹240 Cr | Sep 2023 ₹219 Cr | Dec 2023 — | Mar 2024 ₹216 Cr | Jun 2024 ₹219 Cr | Sep 2024 ₹231 Cr | Dec 2024 — | Mar 2025 ₹212 Cr | Jun 2025 ₹234 Cr | Sep 2025 ₹239 Cr | Dec 2025 — | Mar 2026 ₹244 Cr | Jun 2026 —
- BGSI: Sep 2021 ₹490 Cr | Dec 2021 ₹516 Cr | Mar 2022 ₹557 Cr | Jun 2022 ₹613 Cr | Sep 2022 ₹626 Cr | Dec 2022 ₹637 Cr | Mar 2023 ₹715 Cr | Jun 2023 ₹753 Cr | Sep 2023 ₹738 Cr | Dec 2023 ₹740 Cr | Mar 2024 ₹787 Cr | Jun 2024 ₹779 Cr | Sep 2024 ₹752 Cr | Dec 2024 ₹752 Cr | Mar 2025 ₹778 Cr | Jun 2025 ₹780 Cr | Sep 2025 ₹790 Cr | Dec 2025 ₹794 Cr | Mar 2026 ₹997 Cr | Jun 2026 —
- SAH: Sep 2021 ₹3.1K Cr | Dec 2021 ₹3.2K Cr | Mar 2022 ₹3.5K Cr | Jun 2022 ₹3.5K Cr | Sep 2022 ₹3.4K Cr | Dec 2022 ₹3.6K Cr | Mar 2023 ₹3.5K Cr | Jun 2023 ₹3.7K Cr | Sep 2023 ₹3.6K Cr | Dec 2023 ₹3.6K Cr | Mar 2024 ₹3.4K Cr | Jun 2024 ₹3.5K Cr | Sep 2024 ₹3.5K Cr | Dec 2024 ₹3.9K Cr | Mar 2025 ₹3.7K Cr | Jun 2025 ₹3.7K Cr | Sep 2025 ₹4.0K Cr | Dec 2025 ₹3.9K Cr | Mar 2026 ₹3.7K Cr | Jun 2026 —
- DRVN: Sep 2021 ₹371 Cr | Dec 2021 ₹392 Cr | Mar 2022 ₹468 Cr | Jun 2022 ₹509 Cr | Sep 2022 ₹517 Cr | Dec 2022 ₹540 Cr | Mar 2023 — | Jun 2023 ₹562 Cr | Sep 2023 ₹607 Cr | Dec 2023 ₹554 Cr | Mar 2024 ₹482 Cr | Jun 2024 ₹519 Cr | Sep 2024 ₹502 Cr | Dec 2024 ₹249 Cr | Mar 2025 ₹448 Cr | Jun 2025 ₹551 Cr | Sep 2025 ₹536 Cr | Dec 2025 ₹260 Cr | Mar 2026 ₹484 Cr | Jun 2026 —
- ACVA: Sep 2021 ₹92 Cr | Dec 2021 ₹100 Cr | Mar 2022 ₹103 Cr | Jun 2022 ₹115 Cr | Sep 2022 ₹105 Cr | Dec 2022 ₹98 Cr | Mar 2023 ₹120 Cr | Jun 2023 ₹124 Cr | Sep 2023 ₹119 Cr | Dec 2023 ₹118 Cr | Mar 2024 ₹146 Cr | Jun 2024 ₹161 Cr | Sep 2024 ₹171 Cr | Dec 2024 ₹160 Cr | Mar 2025 ₹183 Cr | Jun 2025 ₹194 Cr | Sep 2025 ₹200 Cr | Dec 2025 ₹184 Cr | Mar 2026 ₹204 Cr | Jun 2026 —
- CWH: Sep 2021 ₹1.9K Cr | Dec 2021 ₹1.4K Cr | Mar 2022 ₹1.7K Cr | Jun 2022 ₹2.2K Cr | Sep 2022 ₹1.9K Cr | Dec 2022 ₹1.3K Cr | Mar 2023 ₹1.5K Cr | Jun 2023 ₹1.9K Cr | Sep 2023 ₹1.7K Cr | Dec 2023 ₹1.1K Cr | Mar 2024 ₹1.4K Cr | Jun 2024 ₹1.8K Cr | Sep 2024 ₹1.7K Cr | Dec 2024 ₹1.2K Cr | Mar 2025 ₹1.4K Cr | Jun 2025 ₹2.0K Cr | Sep 2025 ₹1.8K Cr | Dec 2025 ₹1.2K Cr | Mar 2026 ₹1.4K Cr | Jun 2026 —
- RDNW: Sep 2021 ₹221 Cr | Dec 2021 ₹430 Cr | Mar 2022 ₹445 Cr | Jun 2022 ₹412 Cr | Sep 2022 ₹381 Cr | Dec 2022 ₹332 Cr | Mar 2023 ₹334 Cr | Jun 2023 ₹383 Cr | Sep 2023 ₹338 Cr | Dec 2023 ₹311 Cr | Mar 2024 ₹308 Cr | Jun 2024 ₹337 Cr | Sep 2024 ₹295 Cr | Dec 2024 ₹270 Cr | Mar 2025 ₹245 Cr | Jun 2025 ₹300 Cr | Sep 2025 ₹281 Cr | Dec 2025 ₹257 Cr | Mar 2026 ₹260 Cr | Jun 2026 —

### 20-quarter Revenue growth history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 16% | Sep 2022 -2.7% | Dec 2022 -24% | Mar 2023 -25% | Jun 2023 -24% | Sep 2023 -18% | Dec 2023 -15% | Mar 2024 17% | Jun 2024 15% | Sep 2024 32% | Dec 2024 46% | Mar 2025 38% | Jun 2025 42% | Sep 2025 55% | Dec 2025 58% | Mar 2026 52% | Jun 2026 —
- PAG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -1.2% | Sep 2022 6.5% | Dec 2022 11% | Mar 2023 5.2% | Jun 2023 8.1% | Sep 2023 7.6% | Dec 2023 3.7% | Mar 2024 1.5% | Jun 2024 3.1% | Sep 2024 1.9% | Dec 2024 6.2% | Mar 2025 6.8% | Jun 2025 -0.5% | Sep 2025 1.4% | Dec 2025 15% | Mar 2026 -1.1% | Jun 2026 —
- KMX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 2.0% | Dec 2022 -24% | Mar 2023 -26% | Jun 2023 -17% | Sep 2023 -13% | Dec 2023 -5.5% | Mar 2024 -1.7% | Jun 2024 -7.5% | Sep 2024 -0.9% | Dec 2024 1.2% | Mar 2025 6.7% | Jun 2025 6.1% | Sep 2025 -6.0% | Dec 2025 -6.9% | Mar 2026 -1.0% | Jun 2026 6.2%
- LAD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 20% | Sep 2022 18% | Dec 2022 10% | Mar 2023 4.0% | Jun 2023 12% | Sep 2023 13% | Dec 2023 10% | Mar 2024 23% | Jun 2024 14% | Sep 2024 11% | Dec 2024 20% | Mar 2025 7.2% | Jun 2025 3.8% | Sep 2025 4.9% | Dec 2025 0.3% | Mar 2026 1.0% | Jun 2026 —
- AN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -1.6% | Sep 2022 4.5% | Dec 2022 1.8% | Mar 2023 -5.2% | Jun 2023 0.3% | Sep 2023 3.4% | Dec 2023 1.1% | Mar 2024 1.4% | Jun 2024 -6.0% | Sep 2024 -4.5% | Dec 2024 6.6% | Mar 2025 3.2% | Jun 2025 7.6% | Sep 2025 6.9% | Dec 2025 -3.9% | Mar 2026 -2.1% | Jun 2026 —
- RUSHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 36% | Sep 2022 47% | Dec 2022 44% | Mar 2023 22% | Jun 2023 12% | Sep 2023 6.3% | Dec 2023 7.8% | Mar 2024 -2.1% | Jun 2024 1.2% | Sep 2024 -4.3% | Dec 2024 -0.9% | Mar 2025 -1.1% | Jun 2025 -4.7% | Sep 2025 -0.8% | Dec 2025 -12% | Mar 2026 -9.0% | Jun 2026 —
- VVV: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -60% | Sep 2022 14% | Dec 2022 16% | Mar 2023 17% | Jun 2023 19% | Sep 2023 16% | Dec 2023 12% | Mar 2024 13% | Jun 2024 12% | Sep 2024 12% | Dec 2024 11% | Mar 2025 3.6% | Jun 2025 4.3% | Sep 2025 4.1% | Dec 2025 12% | Mar 2026 25% | Jun 2026 —
- OPLN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 2.1% | Sep 2022 13% | Dec 2022 7.0% | Mar 2023 14% | Jun 2023 8.6% | Sep 2023 5.9% | Dec 2023 15% | Mar 2024 2.1% | Jun 2024 6.5% | Sep 2024 11% | Dec 2024 2.9% | Mar 2025 7.0% | Jun 2025 8.6% | Sep 2025 8.3% | Dec 2025 8.6% | Mar 2026 15% | Jun 2026 —
- ABG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 53% | Sep 2022 61% | Dec 2022 40% | Mar 2023 -8.4% | Jun 2023 -5.2% | Sep 2023 -5.2% | Dec 2023 2.9% | Mar 2024 17% | Jun 2024 13% | Sep 2024 16% | Dec 2024 18% | Mar 2025 -1.2% | Jun 2025 3.0% | Sep 2025 13% | Dec 2025 3.8% | Mar 2026 -0.9% | Jun 2026 —
- GPI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 14% | Sep 2022 22% | Dec 2022 17% | Mar 2023 7.4% | Jun 2023 10.0% | Sep 2023 13% | Dec 2023 10% | Mar 2024 8.3% | Jun 2024 3.0% | Sep 2024 11% | Dec 2024 24% | Mar 2025 23% | Jun 2025 21% | Sep 2025 11% | Dec 2025 0.6% | Mar 2026 -1.8% | Jun 2026 —
- CARG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 134% | Sep 2022 91% | Dec 2022 -15% | Mar 2023 -46% | Jun 2023 -53% | Sep 2023 -49% | Dec 2023 — | Mar 2024 -6.9% | Jun 2024 -8.8% | Sep 2024 5.5% | Dec 2024 — | Mar 2025 -1.9% | Jun 2025 6.9% | Sep 2025 3.5% | Dec 2025 — | Mar 2026 15% | Jun 2026 —
- BGSI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 38% | Sep 2022 28% | Dec 2022 23% | Mar 2023 28% | Jun 2023 23% | Sep 2023 18% | Dec 2023 16% | Mar 2024 10% | Jun 2024 3.5% | Sep 2024 1.9% | Dec 2024 1.6% | Mar 2025 -1.1% | Jun 2025 0.1% | Sep 2025 5.1% | Dec 2025 5.6% | Mar 2026 28% | Jun 2026 —
- SAH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 4.6% | Sep 2022 12% | Dec 2022 13% | Mar 2023 1.0% | Jun 2023 4.2% | Sep 2023 5.7% | Dec 2023 -0.2% | Mar 2024 -3.1% | Jun 2024 -5.5% | Sep 2024 -4.2% | Dec 2024 8.7% | Mar 2025 7.9% | Jun 2025 5.9% | Sep 2025 14% | Dec 2025 -0.6% | Mar 2026 1.0% | Jun 2026 —
- DRVN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 36% | Sep 2022 39% | Dec 2022 38% | Mar 2023 — | Jun 2023 10% | Sep 2023 17% | Dec 2023 2.6% | Mar 2024 — | Jun 2024 -7.7% | Sep 2024 -17% | Dec 2024 -55% | Mar 2025 -7.1% | Jun 2025 6.2% | Sep 2025 6.8% | Dec 2025 4.4% | Mar 2026 8.0% | Jun 2026 —
- ACVA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 19% | Sep 2022 14% | Dec 2022 -2.0% | Mar 2023 17% | Jun 2023 7.8% | Sep 2023 13% | Dec 2023 20% | Mar 2024 22% | Jun 2024 30% | Sep 2024 44% | Dec 2024 36% | Mar 2025 25% | Jun 2025 21% | Sep 2025 17% | Dec 2025 15% | Mar 2026 11% | Jun 2026 —
- CWH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 5.2% | Sep 2022 -3.2% | Dec 2022 -7.1% | Mar 2023 -11% | Jun 2023 -12% | Sep 2023 -6.8% | Dec 2023 -13% | Mar 2024 -8.3% | Jun 2024 -4.9% | Sep 2024 -0.3% | Dec 2024 8.6% | Mar 2025 3.7% | Jun 2025 9.4% | Sep 2025 4.7% | Dec 2025 -2.5% | Mar 2026 -4.2% | Jun 2026 —
- RDNW: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 145% | Sep 2022 72% | Dec 2022 -23% | Mar 2023 -25% | Jun 2023 -7.0% | Sep 2023 -11% | Dec 2023 -6.3% | Mar 2024 -7.8% | Jun 2024 -12% | Sep 2024 -13% | Dec 2024 -13% | Mar 2025 -20% | Jun 2025 -11% | Sep 2025 -4.8% | Dec 2025 -4.8% | Mar 2026 6.1% | Jun 2026 —

## Operating Economics & Margin Trend

What the numbers say: Valvoline Inc. leads opm at 17.1%; ACV Auctions Inc. leads margin change at +3.4 percentage points.

Investor read: Valvoline Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Valvoline Inc. · 17.1% | 3.6% versus #2 · CarGurus, Inc. | 3/8 recent comparable periods | 17/17 companies · 320 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Valvoline Inc. (VVV): 17%
2. CarGurus, Inc. (CARG): 17%
3. OPENLANE, Inc. (OPLN): 14%
4. Driven Brands Holdings Inc. (DRVN): 14%
5. Carvana Co. (CVNA): 9.0%

### Margin change — fastest expanders
1. ACV Auctions Inc. (ACVA): +3.4 pp
2. OPENLANE, Inc. (OPLN): +2.8 pp
3. Driven Brands Holdings Inc. (DRVN): +1.7 pp
4. RideNow Group, Inc. (RDNW): +1.3 pp
5. Valvoline Inc. (VVV): +0.5 pp

### 20-quarter OPM history
- CVNA: Sep 2021 -0.7% | Dec 2021 -2.8% | Mar 2022 -12% | Jun 2022 -8.4% | Sep 2022 -8.8% | Dec 2022 -16% | Mar 2023 -5.1% | Jun 2023 1.4% | Sep 2023 1.7% | Dec 2023 -1.6% | Mar 2024 4.4% | Jun 2024 7.6% | Sep 2024 9.2% | Dec 2024 7.3% | Mar 2025 9.3% | Jun 2025 11% | Sep 2025 9.8% | Dec 2025 7.6% | Mar 2026 9.0% | Jun 2026 —
- PAG: Sep 2021 5.8% | Dec 2021 5.7% | Mar 2022 5.8% | Jun 2022 5.6% | Sep 2022 5.2% | Dec 2022 4.8% | Mar 2023 5.1% | Jun 2023 5.1% | Sep 2023 4.5% | Dec 2023 3.7% | Mar 2024 4.4% | Jun 2024 4.4% | Sep 2024 4.2% | Dec 2024 4.3% | Mar 2025 4.1% | Jun 2025 4.5% | Sep 2025 3.9% | Dec 2025 3.6% | Mar 2026 3.7% | Jun 2026 —
- KMX: Sep 2021 2.4% | Dec 2021 2.4% | Mar 2022 0.5% | Jun 2022 1.8% | Sep 2022 0.2% | Dec 2022 -1.1% | Mar 2023 -0.3% | Jun 2023 2.6% | Sep 2023 0.7% | Dec 2023 -0.1% | Mar 2024 9.3% | Jun 2024 1.3% | Sep 2024 1.2% | Dec 2024 0.6% | Mar 2025 10% | Jun 2025 2.2% | Sep 2025 0.7% | Dec 2025 -1.0% | Mar 2026 9.0% | Jun 2026 1.9%
- LAD: Sep 2021 7.8% | Dec 2021 7.9% | Mar 2022 7.6% | Jun 2022 7.2% | Sep 2022 7.1% | Dec 2022 5.8% | Mar 2023 5.4% | Jun 2023 5.9% | Sep 2023 5.6% | Dec 2023 4.9% | Mar 2024 4.0% | Jun 2024 4.3% | Sep 2024 4.6% | Dec 2024 4.5% | Mar 2025 4.4% | Jun 2025 4.4% | Sep 2025 4.4% | Dec 2025 3.7% | Mar 2026 3.6% | Jun 2026 —
- AN: Sep 2021 7.9% | Dec 2021 8.1% | Mar 2022 7.7% | Jun 2022 8.1% | Sep 2022 7.8% | Dec 2022 6.3% | Mar 2023 6.9% | Jun 2023 6.4% | Sep 2023 6.1% | Dec 2023 5.2% | Mar 2024 5.2% | Jun 2024 4.2% | Sep 2024 5.3% | Dec 2024 4.7% | Mar 2025 5.0% | Jun 2025 3.1% | Sep 2025 5.3% | Dec 2025 4.5% | Mar 2026 4.8% | Jun 2026 —
- RUSHA: Sep 2021 7.1% | Dec 2021 6.8% | Mar 2022 6.9% | Jun 2022 7.5% | Sep 2022 6.8% | Dec 2022 7.3% | Mar 2023 6.7% | Jun 2023 7.1% | Sep 2023 6.1% | Dec 2023 5.9% | Mar 2024 5.9% | Jun 2024 6.1% | Sep 2024 6.4% | Dec 2024 5.6% | Mar 2025 5.0% | Jun 2025 5.7% | Sep 2025 5.3% | Dec 2025 5.2% | Mar 2026 4.9% | Jun 2026 —
- VVV: Sep 2021 30% | Dec 2021 18% | Mar 2022 14% | Jun 2022 19% | Sep 2022 20% | Dec 2022 8.8% | Mar 2023 18% | Jun 2023 23% | Sep 2023 18% | Dec 2023 17% | Mar 2024 20% | Jun 2024 22% | Sep 2024 31% | Dec 2024 35% | Mar 2025 17% | Jun 2025 22% | Sep 2025 19% | Dec 2025 4.0% | Mar 2026 17% | Jun 2026 —
- OPLN: Sep 2021 8.4% | Dec 2021 9.3% | Mar 2022 3.7% | Jun 2022 5.8% | Sep 2022 13% | Dec 2022 2.3% | Mar 2023 16% | Jun 2023 -47% | Sep 2023 16% | Dec 2023 13% | Mar 2024 8.6% | Jun 2024 5.4% | Sep 2024 9.2% | Dec 2024 17% | Mar 2025 11% | Jun 2025 9.8% | Sep 2025 11% | Dec 2025 8.6% | Mar 2026 14% | Jun 2026 —
- ABG: Sep 2021 8.4% | Dec 2021 8.9% | Mar 2022 8.2% | Jun 2022 8.5% | Sep 2022 8.1% | Dec 2022 8.2% | Mar 2023 7.7% | Jun 2023 7.7% | Sep 2023 7.2% | Dec 2023 3.3% | Mar 2024 6.3% | Jun 2024 2.4% | Sep 2024 5.5% | Dec 2024 5.3% | Mar 2025 5.6% | Jun 2025 5.9% | Sep 2025 5.1% | Dec 2025 2.7% | Mar 2026 4.7% | Jun 2026 —
- GPI: Sep 2021 7.1% | Dec 2021 6.6% | Mar 2022 7.4% | Jun 2022 6.9% | Sep 2022 6.7% | Dec 2022 5.9% | Mar 2023 5.8% | Jun 2023 5.9% | Sep 2023 5.6% | Dec 2023 4.3% | Mar 2024 5.4% | Jun 2024 5.1% | Sep 2024 4.4% | Dec 2024 3.5% | Mar 2025 4.2% | Jun 2025 4.4% | Sep 2025 1.9% | Dec 2025 2.5% | Mar 2026 4.5% | Jun 2026 —
- CARG: Sep 2021 18% | Dec 2021 13% | Mar 2022 6.2% | Jun 2022 4.6% | Sep 2022 6.7% | Dec 2022 10% | Mar 2023 6.1% | Jun 2023 7.4% | Sep 2023 11% | Dec 2023 — | Mar 2024 12% | Jun 2024 -43% | Sep 2024 12% | Dec 2024 — | Mar 2025 24% | Jun 2025 11% | Sep 2025 23% | Dec 2025 — | Mar 2026 17% | Jun 2026 —
- BGSI: Sep 2021 1.6% | Dec 2021 2.8% | Mar 2022 1.9% | Jun 2022 4.5% | Sep 2022 4.6% | Dec 2022 4.6% | Mar 2023 5.6% | Jun 2023 6.4% | Sep 2023 5.7% | Dec 2023 5.5% | Mar 2024 3.5% | Jun 2024 4.1% | Sep 2024 2.8% | Dec 2024 2.5% | Mar 2025 1.9% | Jun 2025 3.4% | Sep 2025 4.2% | Dec 2025 3.4% | Mar 2026 2.0% | Jun 2026 —
- SAH: Sep 2021 4.1% | Dec 2021 5.0% | Mar 2022 4.5% | Jun 2022 4.4% | Sep 2022 4.3% | Dec 2022 -4.0% | Mar 2023 3.0% | Jun 2023 2.1% | Sep 2023 3.8% | Dec 2023 2.8% | Mar 2024 3.2% | Jun 2024 3.1% | Sep 2024 3.3% | Dec 2024 3.4% | Mar 2025 4.0% | Jun 2025 -0.6% | Sep 2025 3.1% | Dec 2025 3.2% | Mar 2026 3.6% | Jun 2026 —
- DRVN: Sep 2021 17% | Dec 2021 0.0% | Mar 2022 16% | Jun 2022 -7.0% | Sep 2022 19% | Dec 2022 12% | Mar 2023 — | Jun 2023 14% | Sep 2023 16% | Dec 2023 8.2% | Mar 2024 14% | Jun 2024 17% | Sep 2024 9.9% | Dec 2024 -3.2% | Mar 2025 12% | Jun 2025 6.9% | Sep 2025 12% | Dec 2025 27% | Mar 2026 14% | Jun 2026 —
- ACVA: Sep 2021 -27% | Dec 2021 -26% | Mar 2022 -28% | Jun 2022 -22% | Sep 2022 -24% | Dec 2022 -28% | Mar 2023 -17% | Jun 2023 -16% | Sep 2023 -19% | Dec 2023 -23% | Mar 2024 -16% | Jun 2024 -12% | Sep 2024 -10% | Dec 2024 -16% | Mar 2025 -7.9% | Jun 2025 -3.7% | Sep 2025 -12% | Dec 2025 -9.7% | Mar 2026 -4.5% | Jun 2026 —
- CWH: Sep 2021 13% | Dec 2021 6.0% | Mar 2022 9.0% | Jun 2022 12% | Sep 2022 8.4% | Dec 2022 0.8% | Mar 2023 3.9% | Jun 2023 7.0% | Sep 2023 5.1% | Dec 2023 -1.1% | Mar 2024 0.3% | Jun 2024 5.3% | Sep 2024 3.7% | Dec 2024 -1.3% | Mar 2025 1.5% | Jun 2025 6.6% | Sep 2025 4.4% | Dec 2025 -4.3% | Mar 2026 1.6% | Jun 2026 —
- RDNW: Sep 2021 -10% | Dec 2021 3.7% | Mar 2022 5.1% | Jun 2022 7.5% | Sep 2022 3.7% | Dec 2022 -1.1% | Mar 2023 -0.2% | Jun 2023 0.2% | Sep 2023 -0.1% | Dec 2023 -3.0% | Mar 2024 1.7% | Jun 2024 4.6% | Sep 2024 1.8% | Dec 2024 -15% | Mar 2025 1.6% | Jun 2025 -6.3% | Sep 2025 3.3% | Dec 2025 1.4% | Mar 2026 2.9% | Jun 2026 —

### 20-quarter Margin change history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −10.9 pp | Sep 2022 −8.1 pp | Dec 2022 −12.7 pp | Mar 2023 +7.2 pp | Jun 2023 +9.8 pp | Sep 2023 +10.5 pp | Dec 2023 +13.9 pp | Mar 2024 +9.5 pp | Jun 2024 +6.2 pp | Sep 2024 +7.5 pp | Dec 2024 +8.9 pp | Mar 2025 +4.9 pp | Jun 2025 +3.0 pp | Sep 2025 +0.6 pp | Dec 2025 +0.3 pp | Mar 2026 −0.3 pp | Jun 2026 —
- PAG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.2 pp | Sep 2022 −0.6 pp | Dec 2022 −0.9 pp | Mar 2023 −0.7 pp | Jun 2023 −0.5 pp | Sep 2023 −0.7 pp | Dec 2023 −1.1 pp | Mar 2024 −0.7 pp | Jun 2024 −0.7 pp | Sep 2024 −0.3 pp | Dec 2024 +0.6 pp | Mar 2025 −0.3 pp | Jun 2025 +0.1 pp | Sep 2025 −0.3 pp | Dec 2025 −0.7 pp | Mar 2026 −0.4 pp | Jun 2026 —
- KMX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.2 pp | Dec 2022 −3.5 pp | Mar 2023 −0.8 pp | Jun 2023 +0.8 pp | Sep 2023 +0.5 pp | Dec 2023 +1.0 pp | Mar 2024 +9.6 pp | Jun 2024 −1.3 pp | Sep 2024 +0.5 pp | Dec 2024 +0.7 pp | Mar 2025 +0.7 pp | Jun 2025 +0.9 pp | Sep 2025 −0.5 pp | Dec 2025 −1.6 pp | Mar 2026 −1.0 pp | Jun 2026 −0.3 pp
- LAD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.2 pp | Sep 2022 −0.7 pp | Dec 2022 −2.1 pp | Mar 2023 −2.2 pp | Jun 2023 −1.3 pp | Sep 2023 −1.5 pp | Dec 2023 −0.9 pp | Mar 2024 −1.4 pp | Jun 2024 −1.6 pp | Sep 2024 −1.0 pp | Dec 2024 −0.4 pp | Mar 2025 +0.4 pp | Jun 2025 +0.1 pp | Sep 2025 −0.2 pp | Dec 2025 −0.8 pp | Mar 2026 −0.8 pp | Jun 2026 —
- AN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +0.5 pp | Sep 2022 −0.1 pp | Dec 2022 −1.8 pp | Mar 2023 −0.8 pp | Jun 2023 −1.7 pp | Sep 2023 −1.7 pp | Dec 2023 −1.1 pp | Mar 2024 −1.7 pp | Jun 2024 −2.2 pp | Sep 2024 −0.8 pp | Dec 2024 −0.5 pp | Mar 2025 −0.2 pp | Jun 2025 −1.1 pp | Sep 2025 0.0 pp | Dec 2025 −0.2 pp | Mar 2026 −0.2 pp | Jun 2026 —
- RUSHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +2.0 pp | Sep 2022 −0.3 pp | Dec 2022 +0.5 pp | Mar 2023 −0.2 pp | Jun 2023 −0.4 pp | Sep 2023 −0.7 pp | Dec 2023 −1.4 pp | Mar 2024 −0.8 pp | Jun 2024 −1.0 pp | Sep 2024 +0.3 pp | Dec 2024 −0.3 pp | Mar 2025 −0.9 pp | Jun 2025 −0.4 pp | Sep 2025 −1.1 pp | Dec 2025 −0.4 pp | Mar 2026 −0.1 pp | Jun 2026 —
- VVV: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +2.8 pp | Sep 2022 −9.7 pp | Dec 2022 −9.3 pp | Mar 2023 +4.3 pp | Jun 2023 +3.7 pp | Sep 2023 −2.0 pp | Dec 2023 +8.0 pp | Mar 2024 +1.9 pp | Jun 2024 −0.8 pp | Sep 2024 +12.9 pp | Dec 2024 +17.9 pp | Mar 2025 −3.1 pp | Jun 2025 −0.6 pp | Sep 2025 −12.3 pp | Dec 2025 −30.7 pp | Mar 2026 +0.5 pp | Jun 2026 —
- OPLN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −3.1 pp | Sep 2022 +4.3 pp | Dec 2022 −7.0 pp | Mar 2023 +11.8 pp | Jun 2023 −52.5 pp | Sep 2023 +3.3 pp | Dec 2023 +10.7 pp | Mar 2024 −6.9 pp | Jun 2024 +52.1 pp | Sep 2024 −6.8 pp | Dec 2024 +4.4 pp | Mar 2025 +2.6 pp | Jun 2025 +4.4 pp | Sep 2025 +1.8 pp | Dec 2025 −8.8 pp | Mar 2026 +2.8 pp | Jun 2026 —
- ABG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 0.0 pp | Sep 2022 −0.3 pp | Dec 2022 −0.7 pp | Mar 2023 −0.5 pp | Jun 2023 −0.8 pp | Sep 2023 −0.9 pp | Dec 2023 −4.9 pp | Mar 2024 −1.4 pp | Jun 2024 −5.3 pp | Sep 2024 −1.7 pp | Dec 2024 +2.0 pp | Mar 2025 −0.7 pp | Jun 2025 +3.5 pp | Sep 2025 −0.4 pp | Dec 2025 −2.6 pp | Mar 2026 −0.9 pp | Jun 2026 —
- GPI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.3 pp | Sep 2022 −0.4 pp | Dec 2022 −0.7 pp | Mar 2023 −1.6 pp | Jun 2023 −1.0 pp | Sep 2023 −1.1 pp | Dec 2023 −1.6 pp | Mar 2024 −0.4 pp | Jun 2024 −0.8 pp | Sep 2024 −1.2 pp | Dec 2024 −0.8 pp | Mar 2025 −1.2 pp | Jun 2025 −0.7 pp | Sep 2025 −2.5 pp | Dec 2025 −1.0 pp | Mar 2026 +0.3 pp | Jun 2026 —
- CARG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −13.1 pp | Sep 2022 −11.3 pp | Dec 2022 −2.6 pp | Mar 2023 −0.1 pp | Jun 2023 +2.8 pp | Sep 2023 +3.8 pp | Dec 2023 — | Mar 2024 +6.1 pp | Jun 2024 −50.2 pp | Sep 2024 +1.4 pp | Dec 2024 — | Mar 2025 +11.7 pp | Jun 2025 +53.4 pp | Sep 2025 +11.0 pp | Dec 2025 — | Mar 2026 −7.4 pp | Jun 2026 —
- BGSI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.1 pp | Sep 2022 +3.0 pp | Dec 2022 +1.8 pp | Mar 2023 +3.7 pp | Jun 2023 +1.9 pp | Sep 2023 +1.1 pp | Dec 2023 +0.9 pp | Mar 2024 −2.1 pp | Jun 2024 −2.3 pp | Sep 2024 −2.9 pp | Dec 2024 −3.0 pp | Mar 2025 −1.6 pp | Jun 2025 −0.7 pp | Sep 2025 +1.4 pp | Dec 2025 +0.9 pp | Mar 2026 +0.1 pp | Jun 2026 —
- SAH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −0.5 pp | Sep 2022 +0.2 pp | Dec 2022 −9.0 pp | Mar 2023 −1.5 pp | Jun 2023 −2.3 pp | Sep 2023 −0.5 pp | Dec 2023 +6.8 pp | Mar 2024 +0.2 pp | Jun 2024 +1.0 pp | Sep 2024 −0.5 pp | Dec 2024 +0.6 pp | Mar 2025 +0.8 pp | Jun 2025 −3.7 pp | Sep 2025 −0.2 pp | Dec 2025 −0.2 pp | Mar 2026 −0.4 pp | Jun 2026 —
- DRVN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −24.0 pp | Sep 2022 +1.3 pp | Dec 2022 +12.2 pp | Mar 2023 — | Jun 2023 +20.7 pp | Sep 2023 −2.4 pp | Dec 2023 −4.0 pp | Mar 2024 — | Jun 2024 +3.7 pp | Sep 2024 −6.2 pp | Dec 2024 −11.4 pp | Mar 2025 −1.9 pp | Jun 2025 −10.5 pp | Sep 2025 +1.7 pp | Dec 2025 +30.1 pp | Mar 2026 +1.7 pp | Jun 2026 —
- ACVA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −11.9 pp | Sep 2022 +3.1 pp | Dec 2022 −2.3 pp | Mar 2023 +10.8 pp | Jun 2023 +5.6 pp | Sep 2023 +5.1 pp | Dec 2023 +5.3 pp | Mar 2024 +1.9 pp | Jun 2024 +4.3 pp | Sep 2024 +8.7 pp | Dec 2024 +6.4 pp | Mar 2025 +7.6 pp | Jun 2025 +7.9 pp | Sep 2025 −1.9 pp | Dec 2025 +6.5 pp | Mar 2026 +3.4 pp | Jun 2026 —
- CWH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 −3.1 pp | Sep 2022 −4.3 pp | Dec 2022 −5.2 pp | Mar 2023 −5.1 pp | Jun 2023 −4.7 pp | Sep 2023 −3.3 pp | Dec 2023 −1.9 pp | Mar 2024 −3.6 pp | Jun 2024 −1.7 pp | Sep 2024 −1.4 pp | Dec 2024 −0.2 pp | Mar 2025 +1.2 pp | Jun 2025 +1.3 pp | Sep 2025 +0.7 pp | Dec 2025 −3.0 pp | Mar 2026 +0.1 pp | Jun 2026 —
- RDNW: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 +7.0 pp | Sep 2022 +14.0 pp | Dec 2022 −4.8 pp | Mar 2023 −5.3 pp | Jun 2023 −7.3 pp | Sep 2023 −3.8 pp | Dec 2023 −1.9 pp | Mar 2024 +1.9 pp | Jun 2024 +4.4 pp | Sep 2024 +1.9 pp | Dec 2024 −12.1 pp | Mar 2025 −0.1 pp | Jun 2025 −10.9 pp | Sep 2025 +1.5 pp | Dec 2025 +16.5 pp | Mar 2026 +1.3 pp | Jun 2026 —

## Profit Scale & Acceleration

What the numbers say: CarMax, Inc. leads with $222 million of TTM profit, 11% above Driven Brands Holdings Inc.. CarGurus, Inc. shows ≥100% on the scoring scale (387.2% uncapped) growth from a $190 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: CarMax, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: CarMax, Inc. · $222 million | 11% versus #2 · Driven Brands Holdings Inc. | 4/8 recent comparable periods | 8/17 companies · 323 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. CarMax, Inc. (KMX): ₹222 Cr
2. Driven Brands Holdings Inc. (DRVN): ₹200 Cr
3. CarGurus, Inc. (CARG): ₹190 Cr
4. OPENLANE, Inc. (OPLN): ₹190 Cr
5. Valvoline Inc. (VVV): ₹96 Cr

### Profit growth — fastest growers
1. CarGurus, Inc. (CARG): 100%
2. OPENLANE, Inc. (OPLN): 48%
3. CarMax, Inc. (KMX): -60%
4. Valvoline Inc. (VVV): -64%

### 20-quarter Net profit history
- CVNA: Sep 2021 ₹-68 Cr | Dec 2021 ₹-182 Cr | Mar 2022 ₹-506 Cr | Jun 2022 ₹-439 Cr | Sep 2022 ₹-508 Cr | Dec 2022 ₹-1.4K Cr | Mar 2023 ₹-286 Cr | Jun 2023 ₹-105 Cr | Sep 2023 ₹741 Cr | Dec 2023 ₹-200 Cr | Mar 2024 ₹49 Cr | Jun 2024 ₹48 Cr | Sep 2024 ₹148 Cr | Dec 2024 ₹159 Cr | Mar 2025 ₹373 Cr | Jun 2025 ₹308 Cr | Sep 2025 ₹263 Cr | Dec 2025 ₹951 Cr | Mar 2026 ₹405 Cr | Jun 2026 —
- PAG: Sep 2021 ₹356 Cr | Dec 2021 ₹313 Cr | Mar 2022 ₹370 Cr | Jun 2022 ₹376 Cr | Sep 2022 ₹342 Cr | Dec 2022 ₹299 Cr | Mar 2023 ₹300 Cr | Jun 2023 ₹303 Cr | Sep 2023 ₹264 Cr | Dec 2023 ₹192 Cr | Mar 2024 ₹216 Cr | Jun 2024 ₹243 Cr | Sep 2024 ₹227 Cr | Dec 2024 ₹237 Cr | Mar 2025 ₹258 Cr | Jun 2025 ₹251 Cr | Sep 2025 ₹214 Cr | Dec 2025 ₹229 Cr | Mar 2026 ₹235 Cr | Jun 2026 —
- KMX: Sep 2021 ₹285 Cr | Dec 2021 ₹269 Cr | Mar 2022 ₹160 Cr | Jun 2022 ₹252 Cr | Sep 2022 ₹126 Cr | Dec 2022 ₹38 Cr | Mar 2023 ₹69 Cr | Jun 2023 ₹228 Cr | Sep 2023 ₹119 Cr | Dec 2023 ₹82 Cr | Mar 2024 ₹50 Cr | Jun 2024 ₹152 Cr | Sep 2024 ₹133 Cr | Dec 2024 ₹125 Cr | Mar 2025 ₹90 Cr | Jun 2025 ₹210 Cr | Sep 2025 ₹95 Cr | Dec 2025 ₹62 Cr | Mar 2026 ₹-121 Cr | Jun 2026 ₹186 Cr
- LAD: Sep 2021 ₹309 Cr | Dec 2021 ₹293 Cr | Mar 2022 ₹344 Cr | Jun 2022 ₹338 Cr | Sep 2022 ₹330 Cr | Dec 2022 ₹250 Cr | Mar 2023 ₹230 Cr | Jun 2023 ₹301 Cr | Sep 2023 ₹265 Cr | Dec 2023 ₹216 Cr | Mar 2024 ₹165 Cr | Jun 2024 ₹217 Cr | Sep 2024 ₹221 Cr | Dec 2024 ₹214 Cr | Mar 2025 ₹211 Cr | Jun 2025 ₹258 Cr | Sep 2025 ₹219 Cr | Dec 2025 ₹138 Cr | Mar 2026 ₹102 Cr | Jun 2026 —
- AN: Sep 2021 ₹362 Cr | Dec 2021 ₹387 Cr | Mar 2022 ₹362 Cr | Jun 2022 ₹377 Cr | Sep 2022 ₹353 Cr | Dec 2022 ₹286 Cr | Mar 2023 ₹288 Cr | Jun 2023 ₹273 Cr | Sep 2023 ₹244 Cr | Dec 2023 ₹216 Cr | Mar 2024 ₹190 Cr | Jun 2024 ₹130 Cr | Sep 2024 ₹186 Cr | Dec 2024 ₹186 Cr | Mar 2025 ₹176 Cr | Jun 2025 ₹86 Cr | Sep 2025 ₹215 Cr | Dec 2025 ₹172 Cr | Mar 2026 ₹205 Cr | Jun 2026 —
- RUSHA: Sep 2021 ₹69 Cr | Dec 2021 ₹69 Cr | Mar 2022 ₹92 Cr | Jun 2022 ₹111 Cr | Sep 2022 ₹91 Cr | Dec 2022 ₹98 Cr | Mar 2023 ₹91 Cr | Jun 2023 ₹99 Cr | Sep 2023 ₹81 Cr | Dec 2023 ₹78 Cr | Mar 2024 ₹71 Cr | Jun 2024 ₹79 Cr | Sep 2024 ₹79 Cr | Dec 2024 ₹75 Cr | Mar 2025 ₹61 Cr | Jun 2025 ₹73 Cr | Sep 2025 ₹68 Cr | Dec 2025 ₹65 Cr | Mar 2026 ₹62 Cr | Jun 2026 —
- VVV: Sep 2021 ₹125 Cr | Dec 2021 ₹34 Cr | Mar 2022 ₹23 Cr | Jun 2022 ₹40 Cr | Sep 2022 ₹12 Cr | Dec 2022 ₹27 Cr | Mar 2023 ₹33 Cr | Jun 2023 ₹65 Cr | Sep 2023 ₹75 Cr | Dec 2023 ₹34 Cr | Mar 2024 ₹43 Cr | Jun 2024 ₹48 Cr | Sep 2024 ₹89 Cr | Dec 2024 ₹94 Cr | Mar 2025 ₹38 Cr | Jun 2025 ₹57 Cr | Sep 2025 ₹26 Cr | Dec 2025 ₹-32 Cr | Mar 2026 ₹45 Cr | Jun 2026 —
- OPLN: Sep 2021 ₹-27 Cr | Dec 2021 ₹15 Cr | Mar 2022 ₹-8 Cr | Jun 2022 ₹-5 Cr | Sep 2022 ₹1 Cr | Dec 2022 ₹42 Cr | Mar 2023 ₹13 Cr | Jun 2023 ₹-194 Cr | Sep 2023 ₹13 Cr | Dec 2023 ₹14 Cr | Mar 2024 ₹19 Cr | Jun 2024 ₹11 Cr | Sep 2024 ₹28 Cr | Dec 2024 ₹52 Cr | Mar 2025 ₹37 Cr | Jun 2025 ₹33 Cr | Sep 2025 ₹48 Cr | Dec 2025 ₹60 Cr | Mar 2026 ₹49 Cr | Jun 2026 —
- ABG: Sep 2021 ₹147 Cr | Dec 2021 ₹141 Cr | Mar 2022 ₹238 Cr | Jun 2022 ₹201 Cr | Sep 2022 ₹205 Cr | Dec 2022 ₹353 Cr | Mar 2023 ₹181 Cr | Jun 2023 ₹196 Cr | Sep 2023 ₹169 Cr | Dec 2023 ₹56 Cr | Mar 2024 ₹147 Cr | Jun 2024 ₹28 Cr | Sep 2024 ₹126 Cr | Dec 2024 ₹129 Cr | Mar 2025 ₹132 Cr | Jun 2025 ₹153 Cr | Sep 2025 ₹147 Cr | Dec 2025 ₹60 Cr | Mar 2026 ₹188 Cr | Jun 2026 —
- GPI: Sep 2021 ₹173 Cr | Dec 2021 ₹163 Cr | Mar 2022 ₹201 Cr | Jun 2022 ₹199 Cr | Sep 2022 ₹197 Cr | Dec 2022 ₹157 Cr | Mar 2023 ₹159 Cr | Jun 2023 ₹170 Cr | Sep 2023 ₹164 Cr | Dec 2023 ₹109 Cr | Mar 2024 ₹147 Cr | Jun 2024 ₹138 Cr | Sep 2024 ₹117 Cr | Dec 2024 ₹95 Cr | Mar 2025 ₹128 Cr | Jun 2025 ₹140 Cr | Sep 2025 ₹13 Cr | Dec 2025 ₹43 Cr | Mar 2026 ₹130 Cr | Jun 2026 —
- CARG: Sep 2021 ₹29 Cr | Dec 2021 ₹34 Cr | Mar 2022 ₹19 Cr | Jun 2022 ₹18 Cr | Sep 2022 ₹19 Cr | Dec 2022 ₹23 Cr | Mar 2023 ₹12 Cr | Jun 2023 ₹14 Cr | Sep 2023 ₹19 Cr | Dec 2023 ₹-23 Cr | Mar 2024 ₹21 Cr | Jun 2024 ₹-69 Cr | Sep 2024 ₹23 Cr | Dec 2024 ₹46 Cr | Mar 2025 ₹39 Cr | Jun 2025 ₹22 Cr | Sep 2025 ₹45 Cr | Dec 2025 ₹91 Cr | Mar 2026 ₹32 Cr | Jun 2026 —
- BGSI: Sep 2021 ₹0 Cr | Dec 2021 ₹5 Cr | Mar 2022 ₹2 Cr | Jun 2022 ₹13 Cr | Sep 2022 ₹12 Cr | Dec 2022 ₹14 Cr | Mar 2023 ₹21 Cr | Jun 2023 ₹26 Cr | Sep 2023 ₹20 Cr | Dec 2023 ₹19 Cr | Mar 2024 ₹8 Cr | Jun 2024 ₹11 Cr | Sep 2024 ₹3 Cr | Dec 2024 ₹2 Cr | Mar 2025 ₹-3 Cr | Jun 2025 ₹5 Cr | Sep 2025 ₹11 Cr | Dec 2025 ₹5 Cr | Mar 2026 ₹-8 Cr | Jun 2026 —
- SAH: Sep 2021 ₹85 Cr | Dec 2021 ₹97 Cr | Mar 2022 ₹97 Cr | Jun 2022 ₹95 Cr | Sep 2022 ₹87 Cr | Dec 2022 ₹-191 Cr | Mar 2023 ₹48 Cr | Jun 2023 ₹23 Cr | Sep 2023 ₹68 Cr | Dec 2023 ₹39 Cr | Mar 2024 ₹42 Cr | Jun 2024 ₹41 Cr | Sep 2024 ₹74 Cr | Dec 2024 ₹59 Cr | Mar 2025 ₹71 Cr | Jun 2025 ₹-46 Cr | Sep 2025 ₹47 Cr | Dec 2025 ₹47 Cr | Mar 2026 ₹61 Cr | Jun 2026 —
- DRVN: Sep 2021 ₹33 Cr | Dec 2021 ₹-39 Cr | Mar 2022 ₹34 Cr | Jun 2022 ₹-57 Cr | Sep 2022 ₹38 Cr | Dec 2022 ₹27 Cr | Mar 2023 — | Jun 2023 ₹30 Cr | Sep 2023 ₹38 Cr | Dec 2023 ₹10 Cr | Mar 2024 ₹12 Cr | Jun 2024 ₹37 Cr | Sep 2024 ₹-26 Cr | Dec 2024 ₹-37 Cr | Mar 2025 ₹14 Cr | Jun 2025 ₹12 Cr | Sep 2025 ₹122 Cr | Dec 2025 ₹42 Cr | Mar 2026 ₹24 Cr | Jun 2026 —
- ACVA: Sep 2021 ₹-25 Cr | Dec 2021 ₹-26 Cr | Mar 2022 ₹-29 Cr | Jun 2022 ₹-25 Cr | Sep 2022 ₹-24 Cr | Dec 2022 ₹-25 Cr | Mar 2023 ₹-18 Cr | Jun 2023 ₹-16 Cr | Sep 2023 ₹-18 Cr | Dec 2023 ₹-23 Cr | Mar 2024 ₹-20 Cr | Jun 2024 ₹-17 Cr | Sep 2024 ₹-16 Cr | Dec 2024 ₹-26 Cr | Mar 2025 ₹-15 Cr | Jun 2025 ₹-7 Cr | Sep 2025 ₹-24 Cr | Dec 2025 ₹-20 Cr | Mar 2026 ₹-11 Cr | Jun 2026 —
- CWH: Sep 2021 ₹189 Cr | Dec 2021 ₹59 Cr | Mar 2022 ₹107 Cr | Jun 2022 ₹198 Cr | Sep 2022 ₹103 Cr | Dec 2022 ₹-57 Cr | Mar 2023 ₹5 Cr | Jun 2023 ₹65 Cr | Sep 2023 ₹31 Cr | Dec 2023 ₹-50 Cr | Mar 2024 ₹-51 Cr | Jun 2024 ₹23 Cr | Sep 2024 ₹8 Cr | Dec 2024 ₹-60 Cr | Mar 2025 ₹-25 Cr | Jun 2025 ₹58 Cr | Sep 2025 ₹-29 Cr | Dec 2025 ₹-109 Cr | Mar 2026 ₹-27 Cr | Jun 2026 —
- RDNW: Sep 2021 ₹-23 Cr | Dec 2021 ₹37 Cr | Mar 2022 ₹9 Cr | Jun 2022 ₹14 Cr | Sep 2022 ₹4 Cr | Dec 2022 ₹17 Cr | Mar 2023 ₹-17 Cr | Jun 2023 ₹-13 Cr | Sep 2023 ₹-17 Cr | Dec 2023 ₹-168 Cr | Mar 2024 ₹-10 Cr | Jun 2024 ₹-1 Cr | Sep 2024 ₹-11 Cr | Dec 2024 ₹-56 Cr | Mar 2025 ₹-10 Cr | Jun 2025 ₹-32 Cr | Sep 2025 ₹-4 Cr | Dec 2025 ₹-8 Cr | Mar 2026 ₹-4 Cr | Jun 2026 —

### 20-quarter Profit growth history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -1,076% | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 -80% | Dec 2024 — | Mar 2025 661% | Jun 2025 542% | Sep 2025 78% | Dec 2025 498% | Mar 2026 8.6% | Jun 2026 —
- PAG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 11% | Sep 2022 -3.9% | Dec 2022 -4.5% | Mar 2023 -19% | Jun 2023 -19% | Sep 2023 -23% | Dec 2023 -36% | Mar 2024 -28% | Jun 2024 -20% | Sep 2024 -14% | Dec 2024 23% | Mar 2025 19% | Jun 2025 3.3% | Sep 2025 -5.7% | Dec 2025 -3.4% | Mar 2026 -8.9% | Jun 2026 —
- KMX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 -56% | Dec 2022 -86% | Mar 2023 -57% | Jun 2023 -9.5% | Sep 2023 -5.6% | Dec 2023 116% | Mar 2024 -28% | Jun 2024 -33% | Sep 2024 12% | Dec 2024 52% | Mar 2025 80% | Jun 2025 38% | Sep 2025 -29% | Dec 2025 -50% | Mar 2026 -234% | Jun 2026 -11%
- LAD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 11% | Sep 2022 6.8% | Dec 2022 -15% | Mar 2023 -33% | Jun 2023 -11% | Sep 2023 -20% | Dec 2023 -14% | Mar 2024 -28% | Jun 2024 -28% | Sep 2024 -17% | Dec 2024 -0.9% | Mar 2025 28% | Jun 2025 19% | Sep 2025 -0.9% | Dec 2025 -36% | Mar 2026 -52% | Jun 2026 —
- AN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -2.1% | Sep 2022 -2.5% | Dec 2022 -26% | Mar 2023 -20% | Jun 2023 -28% | Sep 2023 -31% | Dec 2023 -24% | Mar 2024 -34% | Jun 2024 -52% | Sep 2024 -24% | Dec 2024 -14% | Mar 2025 -7.4% | Jun 2025 -34% | Sep 2025 16% | Dec 2025 -7.5% | Mar 2026 16% | Jun 2026 —
- RUSHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 91% | Sep 2022 32% | Dec 2022 42% | Mar 2023 -1.1% | Jun 2023 -11% | Sep 2023 -11% | Dec 2023 -20% | Mar 2024 -22% | Jun 2024 -20% | Sep 2024 -2.5% | Dec 2024 -3.9% | Mar 2025 -14% | Jun 2025 -7.6% | Sep 2025 -14% | Dec 2025 -13% | Mar 2026 1.6% | Jun 2026 —
- VVV: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -59% | Sep 2022 -90% | Dec 2022 -21% | Mar 2023 43% | Jun 2023 63% | Sep 2023 525% | Dec 2023 26% | Mar 2024 30% | Jun 2024 -26% | Sep 2024 19% | Dec 2024 176% | Mar 2025 -12% | Jun 2025 19% | Sep 2025 -71% | Dec 2025 -134% | Mar 2026 18% | Jun 2026 —
- OPLN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 180% | Mar 2023 — | Jun 2023 — | Sep 2023 1,200% | Dec 2023 -67% | Mar 2024 46% | Jun 2024 — | Sep 2024 115% | Dec 2024 271% | Mar 2025 95% | Jun 2025 200% | Sep 2025 71% | Dec 2025 15% | Mar 2026 32% | Jun 2026 —
- ABG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 32% | Sep 2022 39% | Dec 2022 150% | Mar 2023 -24% | Jun 2023 -2.5% | Sep 2023 -18% | Dec 2023 -84% | Mar 2024 -19% | Jun 2024 -86% | Sep 2024 -25% | Dec 2024 130% | Mar 2025 -10% | Jun 2025 446% | Sep 2025 17% | Dec 2025 -53% | Mar 2026 42% | Jun 2026 —
- GPI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 5.3% | Sep 2022 14% | Dec 2022 -3.7% | Mar 2023 -21% | Jun 2023 -15% | Sep 2023 -17% | Dec 2023 -31% | Mar 2024 -7.6% | Jun 2024 -19% | Sep 2024 -29% | Dec 2024 -13% | Mar 2025 -13% | Jun 2025 1.5% | Sep 2025 -89% | Dec 2025 -55% | Mar 2026 1.6% | Jun 2026 —
- CARG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -33% | Sep 2022 -34% | Dec 2022 -32% | Mar 2023 -37% | Jun 2023 -22% | Sep 2023 0.0% | Dec 2023 -200% | Mar 2024 75% | Jun 2024 -593% | Sep 2024 21% | Dec 2024 — | Mar 2025 86% | Jun 2025 — | Sep 2025 96% | Dec 2025 98% | Mar 2026 -18% | Jun 2026 —
- BGSI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 30% | Sep 2022 — | Dec 2022 180% | Mar 2023 950% | Jun 2023 100% | Sep 2023 67% | Dec 2023 36% | Mar 2024 -62% | Jun 2024 -58% | Sep 2024 -85% | Dec 2024 -89% | Mar 2025 -138% | Jun 2025 -55% | Sep 2025 267% | Dec 2025 150% | Mar 2026 — | Jun 2026 —
- SAH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -17% | Sep 2022 2.4% | Dec 2022 -297% | Mar 2023 -51% | Jun 2023 -76% | Sep 2023 -22% | Dec 2023 — | Mar 2024 -13% | Jun 2024 78% | Sep 2024 8.8% | Dec 2024 51% | Mar 2025 69% | Jun 2025 -212% | Sep 2025 -36% | Dec 2025 -20% | Mar 2026 -14% | Jun 2026 —
- DRVN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -263% | Sep 2022 15% | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 0.0% | Dec 2023 -63% | Mar 2024 — | Jun 2024 23% | Sep 2024 -168% | Dec 2024 -470% | Mar 2025 17% | Jun 2025 -68% | Sep 2025 — | Dec 2025 — | Mar 2026 71% | Jun 2026 —
- CWH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 -20% | Sep 2022 -46% | Dec 2022 -197% | Mar 2023 -95% | Jun 2023 -67% | Sep 2023 -70% | Dec 2023 — | Mar 2024 -1,120% | Jun 2024 -65% | Sep 2024 -74% | Dec 2024 — | Mar 2025 — | Jun 2025 152% | Sep 2025 -463% | Dec 2025 — | Mar 2026 — | Jun 2026 —
- RDNW: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 -54% | Mar 2023 -289% | Jun 2023 -193% | Sep 2023 -525% | Dec 2023 -1,088% | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —

## Return On Capital Employed

What the numbers say: AutoNation, Inc. leads ROCE at 8.1%, 0.2 percentage points above CarGurus, Inc.. AutoNation, Inc. has the strongest latest improvement at +5.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: AutoNation, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: AutoNation, Inc. · 8.1% | 2.5% versus #2 · CarGurus, Inc. | 1/8 recent comparable periods | 17/17 companies · 331 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. AutoNation, Inc. (AN): 8.1%
2. CarGurus, Inc. (CARG): 7.9%
3. Carvana Co. (CVNA): 6.6%
4. Asbury Automotive Group, Inc. (ABG): 5.7%
5. Sonic Automotive, Inc. (SAH): 4.0%

### ROCE change — fastest improvers
1. AutoNation, Inc. (AN): +5.1 pp
2. Sonic Automotive, Inc. (SAH): +4.7 pp
3. Asbury Automotive Group, Inc. (ABG): +2.4 pp
4. OPENLANE, Inc. (OPLN): +1.1 pp
5. RideNow Group, Inc. (RDNW): +1.1 pp

### 20-quarter ROCE history
- CVNA: Sep 2021 -0.7% | Dec 2021 -3.1% | Mar 2022 -12% | Jun 2022 -5.7% | Sep 2022 -5.0% | Dec 2022 -8.6% | Mar 2023 -2.7% | Jun 2023 0.6% | Sep 2023 0.7% | Dec 2023 -0.7% | Mar 2024 2.3% | Jun 2024 4.4% | Sep 2024 5.7% | Dec 2024 4.1% | Mar 2025 6.0% | Jun 2025 7.3% | Sep 2025 7.6% | Dec 2025 4.5% | Mar 2026 5.9% | Jun 2026 6.6%
- PAG: Sep 2021 4.2% | Dec 2021 4.0% | Mar 2022 4.5% | Jun 2022 4.3% | Sep 2022 4.0% | Dec 2022 3.6% | Mar 2023 4.0% | Jun 2023 4.0% | Sep 2023 3.5% | Dec 2023 2.7% | Mar 2024 3.3% | Jun 2024 3.3% | Sep 2024 3.1% | Dec 2024 3.2% | Mar 2025 3.2% | Jun 2025 3.5% | Sep 2025 2.8% | Dec 2025 2.9% | Mar 2026 2.6% | Jun 2026 3.0%
- KMX: Sep 2021 — | Dec 2021 1.0% | Mar 2022 0.2% | Jun 2022 0.7% | Sep 2022 0.1% | Dec 2022 -0.3% | Mar 2023 -0.1% | Jun 2023 0.8% | Sep 2023 0.2% | Dec 2023 0.0% | Mar 2024 2.1% | Jun 2024 0.4% | Sep 2024 0.3% | Dec 2024 0.1% | Mar 2025 2.4% | Jun 2025 0.7% | Sep 2025 0.2% | Dec 2025 -0.2% | Mar 2026 2.2% | Jun 2026 0.6%
- LAD: Sep 2021 7.9% | Dec 2021 7.0% | Mar 2022 6.8% | Jun 2022 5.8% | Sep 2022 5.3% | Dec 2022 3.9% | Mar 2023 3.5% | Jun 2023 4.0% | Sep 2023 3.7% | Dec 2023 2.8% | Mar 2024 2.4% | Jun 2024 2.6% | Sep 2024 2.8% | Dec 2024 2.6% | Mar 2025 2.5% | Jun 2025 2.5% | Sep 2025 2.4% | Dec 2025 2.0% | Mar 2026 2.0% | Jun 2026 2.5%
- AN: Sep 2021 8.7% | Dec 2021 9.2% | Mar 2022 8.5% | Jun 2022 9.4% | Sep 2022 8.6% | Dec 2022 6.8% | Mar 2023 6.8% | Jun 2023 6.7% | Sep 2023 6.4% | Dec 2023 5.4% | Mar 2024 5.1% | Jun 2024 4.1% | Sep 2024 5.1% | Dec 2024 5.2% | Mar 2025 4.8% | Jun 2025 3.0% | Sep 2025 4.9% | Dec 2025 4.0% | Mar 2026 3.8% | Jun 2026 8.1%
- RUSHA: Sep 2021 14% | Dec 2021 4.4% | Mar 2022 5.2% | Jun 2022 6.2% | Sep 2022 5.9% | Dec 2022 6.1% | Mar 2023 5.5% | Jun 2023 5.9% | Sep 2023 5.0% | Dec 2023 4.7% | Mar 2024 4.2% | Jun 2024 4.7% | Sep 2024 4.5% | Dec 2024 4.0% | Mar 2025 3.1% | Jun 2025 3.8% | Sep 2025 3.4% | Dec 2025 3.1% | Mar 2026 2.7% | Jun 2026 2.5%
- VVV: Sep 2021 3.4% | Dec 2021 2.0% | Mar 2022 1.6% | Jun 2022 2.3% | Sep 2022 2.6% | Dec 2022 1.1% | Mar 2023 1.9% | Jun 2023 3.3% | Sep 2023 2.8% | Dec 2023 2.5% | Mar 2024 2.8% | Jun 2024 4.1% | Sep 2024 5.8% | Dec 2024 6.5% | Mar 2025 3.4% | Jun 2025 4.4% | Sep 2025 3.8% | Dec 2025 0.7% | Mar 2026 3.3% | Jun 2026 —
- OPLN: Sep 2021 0.7% | Dec 2021 0.7% | Mar 2022 0.4% | Jun 2022 0.6% | Sep 2022 1.5% | Dec 2022 0.3% | Mar 2023 2.3% | Jun 2023 -8.1% | Sep 2023 2.8% | Dec 2023 2.4% | Mar 2024 1.6% | Jun 2024 1.1% | Sep 2024 2.0% | Dec 2024 3.7% | Mar 2025 2.4% | Jun 2025 2.3% | Sep 2025 2.6% | Dec 2025 2.0% | Mar 2026 3.5% | Jun 2026 —
- ABG: Sep 2021 7.7% | Dec 2021 5.3% | Mar 2022 7.3% | Jun 2022 7.3% | Sep 2022 6.6% | Dec 2022 4.5% | Mar 2023 4.1% | Jun 2023 4.2% | Sep 2023 3.8% | Dec 2023 1.7% | Mar 2024 3.6% | Jun 2024 1.4% | Sep 2024 3.1% | Dec 2024 3.2% | Mar 2025 3.1% | Jun 2025 3.3% | Sep 2025 3.0% | Dec 2025 1.6% | Mar 2026 2.5% | Jun 2026 5.7%
- GPI: Sep 2021 7.0% | Dec 2021 6.2% | Mar 2022 7.3% | Jun 2022 7.1% | Sep 2022 6.7% | Dec 2022 5.4% | Mar 2023 5.2% | Jun 2023 5.6% | Sep 2023 5.3% | Dec 2023 3.9% | Mar 2024 4.6% | Jun 2024 4.4% | Sep 2024 4.0% | Dec 2024 3.3% | Mar 2025 3.8% | Jun 2025 4.0% | Sep 2025 1.6% | Dec 2025 2.1% | Mar 2026 3.8% | Jun 2026 3.0%
- CARG: Sep 2021 7.1% | Dec 2021 7.3% | Mar 2022 3.7% | Jun 2022 3.1% | Sep 2022 3.7% | Dec 2022 3.7% | Mar 2023 1.6% | Jun 2023 2.0% | Sep 2023 2.6% | Dec 2023 -2.7% | Mar 2024 3.1% | Jun 2024 -12% | Sep 2024 3.4% | Dec 2024 7.5% | Mar 2025 7.5% | Jun 2025 3.9% | Sep 2025 8.9% | Dec 2025 11% | Mar 2026 7.9% | Jun 2026 —
- BGSI: Sep 2021 0.6% | Dec 2021 1.0% | Mar 2022 0.7% | Jun 2022 1.8% | Sep 2022 1.8% | Dec 2022 1.8% | Mar 2023 2.4% | Jun 2023 2.8% | Sep 2023 2.4% | Dec 2023 2.3% | Mar 2024 1.5% | Jun 2024 1.7% | Sep 2024 1.1% | Dec 2024 1.0% | Mar 2025 0.7% | Jun 2025 1.3% | Sep 2025 1.6% | Dec 2025 1.0% | Mar 2026 0.7% | Jun 2026 —
- SAH: Sep 2021 6.3% | Dec 2021 6.4% | Mar 2022 6.1% | Jun 2022 6.0% | Sep 2022 5.7% | Dec 2022 -4.6% | Mar 2023 3.4% | Jun 2023 2.5% | Sep 2023 4.5% | Dec 2023 3.3% | Mar 2024 3.4% | Jun 2024 3.5% | Sep 2024 3.6% | Dec 2024 4.2% | Mar 2025 4.6% | Jun 2025 -0.7% | Sep 2025 3.8% | Dec 2025 3.7% | Mar 2026 4.1% | Jun 2026 4.0%
- DRVN: Sep 2021 1.4% | Dec 2021 0.0% | Mar 2022 1.5% | Jun 2022 -0.7% | Sep 2022 1.9% | Dec 2022 1.2% | Mar 2023 — | Jun 2023 1.3% | Sep 2023 1.7% | Dec 2023 0.8% | Mar 2024 1.2% | Jun 2024 1.5% | Sep 2024 0.9% | Dec 2024 -0.2% | Mar 2025 1.1% | Jun 2025 0.8% | Sep 2025 1.4% | Dec 2025 1.7% | Mar 2026 1.7% | Jun 2026 —
- ACVA: Sep 2021 -6.0% | Dec 2021 -6.4% | Mar 2022 -4.8% | Jun 2022 -4.2% | Sep 2022 -4.3% | Dec 2022 -4.8% | Mar 2023 -3.5% | Jun 2023 -3.3% | Sep 2023 -3.8% | Dec 2023 -4.6% | Mar 2024 -3.8% | Jun 2024 -3.1% | Sep 2024 -2.8% | Dec 2024 -4.3% | Mar 2025 -2.3% | Jun 2025 -1.1% | Sep 2025 -3.6% | Dec 2025 -2.8% | Mar 2026 -1.4% | Jun 2026 —
- CWH: Sep 2021 10% | Dec 2021 3.3% | Mar 2022 5.8% | Jun 2022 9.6% | Sep 2022 5.7% | Dec 2022 0.3% | Mar 2023 2.1% | Jun 2023 4.6% | Sep 2023 3.0% | Dec 2023 -0.4% | Mar 2024 0.1% | Jun 2024 3.2% | Sep 2024 2.2% | Dec 2024 -0.5% | Mar 2025 0.7% | Jun 2025 4.2% | Sep 2025 2.7% | Dec 2025 -1.7% | Mar 2026 0.7% | Jun 2026 3.1%
- RDNW: Sep 2021 -5.1% | Dec 2021 3.6% | Mar 2022 4.4% | Jun 2022 5.6% | Sep 2022 1.5% | Dec 2022 -0.5% | Mar 2023 -0.1% | Jun 2023 0.1% | Sep 2023 0.0% | Dec 2023 -1.5% | Mar 2024 0.9% | Jun 2024 2.6% | Sep 2024 0.9% | Dec 2024 -8.4% | Mar 2025 0.8% | Jun 2025 -4.3% | Sep 2025 2.2% | Dec 2025 0.9% | Mar 2026 1.9% | Jun 2026 —

### 20-quarter ROCE change history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −4.3 pp | Dec 2022 −5.5 pp | Mar 2023 +9.6 pp | Jun 2023 +6.3 pp | Sep 2023 +5.7 pp | Dec 2023 +7.9 pp | Mar 2024 +5.0 pp | Jun 2024 +3.8 pp | Sep 2024 +5.0 pp | Dec 2024 +4.8 pp | Mar 2025 +3.7 pp | Jun 2025 +2.9 pp | Sep 2025 +1.9 pp | Dec 2025 +0.4 pp | Mar 2026 −0.1 pp | Jun 2026 −0.7 pp
- PAG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.2 pp | Dec 2022 −0.4 pp | Mar 2023 −0.5 pp | Jun 2023 −0.3 pp | Sep 2023 −0.5 pp | Dec 2023 −0.9 pp | Mar 2024 −0.7 pp | Jun 2024 −0.7 pp | Sep 2024 −0.4 pp | Dec 2024 +0.5 pp | Mar 2025 −0.1 pp | Jun 2025 +0.2 pp | Sep 2025 −0.3 pp | Dec 2025 −0.3 pp | Mar 2026 −0.6 pp | Jun 2026 −0.5 pp
- KMX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 −1.3 pp | Mar 2023 −0.3 pp | Jun 2023 +0.1 pp | Sep 2023 +0.1 pp | Dec 2023 +0.3 pp | Mar 2024 +2.2 pp | Jun 2024 −0.4 pp | Sep 2024 +0.1 pp | Dec 2024 +0.1 pp | Mar 2025 +0.3 pp | Jun 2025 +0.3 pp | Sep 2025 −0.1 pp | Dec 2025 −0.3 pp | Mar 2026 −0.2 pp | Jun 2026 −0.1 pp
- LAD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −2.6 pp | Dec 2022 −3.1 pp | Mar 2023 −3.3 pp | Jun 2023 −1.8 pp | Sep 2023 −1.6 pp | Dec 2023 −1.1 pp | Mar 2024 −1.1 pp | Jun 2024 −1.4 pp | Sep 2024 −0.9 pp | Dec 2024 −0.2 pp | Mar 2025 +0.1 pp | Jun 2025 −0.1 pp | Sep 2025 −0.4 pp | Dec 2025 −0.6 pp | Mar 2026 −0.5 pp | Jun 2026 0.0 pp
- AN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.1 pp | Dec 2022 −2.4 pp | Mar 2023 −1.7 pp | Jun 2023 −2.7 pp | Sep 2023 −2.2 pp | Dec 2023 −1.4 pp | Mar 2024 −1.7 pp | Jun 2024 −2.6 pp | Sep 2024 −1.3 pp | Dec 2024 −0.2 pp | Mar 2025 −0.3 pp | Jun 2025 −1.1 pp | Sep 2025 −0.2 pp | Dec 2025 −1.2 pp | Mar 2026 −1.0 pp | Jun 2026 +5.1 pp
- RUSHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −7.6 pp | Dec 2022 +1.7 pp | Mar 2023 +0.3 pp | Jun 2023 −0.3 pp | Sep 2023 −0.9 pp | Dec 2023 −1.4 pp | Mar 2024 −1.3 pp | Jun 2024 −1.2 pp | Sep 2024 −0.5 pp | Dec 2024 −0.7 pp | Mar 2025 −1.1 pp | Jun 2025 −0.9 pp | Sep 2025 −1.1 pp | Dec 2025 −0.9 pp | Mar 2026 −0.4 pp | Jun 2026 −1.3 pp
- VVV: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.8 pp | Dec 2022 −0.9 pp | Mar 2023 +0.3 pp | Jun 2023 +1.0 pp | Sep 2023 +0.2 pp | Dec 2023 +1.4 pp | Mar 2024 +0.9 pp | Jun 2024 +0.8 pp | Sep 2024 +3.0 pp | Dec 2024 +4.0 pp | Mar 2025 +0.6 pp | Jun 2025 +0.3 pp | Sep 2025 −2.0 pp | Dec 2025 −5.8 pp | Mar 2026 −0.1 pp | Jun 2026 —
- OPLN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.8 pp | Dec 2022 −0.4 pp | Mar 2023 +1.9 pp | Jun 2023 −8.7 pp | Sep 2023 +1.3 pp | Dec 2023 +2.1 pp | Mar 2024 −0.7 pp | Jun 2024 +9.2 pp | Sep 2024 −0.8 pp | Dec 2024 +1.3 pp | Mar 2025 +0.8 pp | Jun 2025 +1.2 pp | Sep 2025 +0.6 pp | Dec 2025 −1.7 pp | Mar 2026 +1.1 pp | Jun 2026 —
- ABG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.1 pp | Dec 2022 −0.8 pp | Mar 2023 −3.2 pp | Jun 2023 −3.1 pp | Sep 2023 −2.8 pp | Dec 2023 −2.8 pp | Mar 2024 −0.5 pp | Jun 2024 −2.8 pp | Sep 2024 −0.7 pp | Dec 2024 +1.5 pp | Mar 2025 −0.5 pp | Jun 2025 +1.9 pp | Sep 2025 −0.1 pp | Dec 2025 −1.6 pp | Mar 2026 −0.6 pp | Jun 2026 +2.4 pp
- GPI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.3 pp | Dec 2022 −0.8 pp | Mar 2023 −2.1 pp | Jun 2023 −1.5 pp | Sep 2023 −1.4 pp | Dec 2023 −1.5 pp | Mar 2024 −0.6 pp | Jun 2024 −1.2 pp | Sep 2024 −1.3 pp | Dec 2024 −0.6 pp | Mar 2025 −0.8 pp | Jun 2025 −0.4 pp | Sep 2025 −2.4 pp | Dec 2025 −1.2 pp | Mar 2026 0.0 pp | Jun 2026 −1.0 pp
- CARG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −3.4 pp | Dec 2022 −3.6 pp | Mar 2023 −2.1 pp | Jun 2023 −1.1 pp | Sep 2023 −1.1 pp | Dec 2023 −6.4 pp | Mar 2024 +1.5 pp | Jun 2024 −13.9 pp | Sep 2024 +0.8 pp | Dec 2024 +10.2 pp | Mar 2025 +4.4 pp | Jun 2025 +15.8 pp | Sep 2025 +5.5 pp | Dec 2025 +3.2 pp | Mar 2026 +0.4 pp | Jun 2026 —
- BGSI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.2 pp | Dec 2022 +0.8 pp | Mar 2023 +1.7 pp | Jun 2023 +1.0 pp | Sep 2023 +0.6 pp | Dec 2023 +0.5 pp | Mar 2024 −0.9 pp | Jun 2024 −1.1 pp | Sep 2024 −1.3 pp | Dec 2024 −1.3 pp | Mar 2025 −0.8 pp | Jun 2025 −0.4 pp | Sep 2025 +0.5 pp | Dec 2025 0.0 pp | Mar 2026 0.0 pp | Jun 2026 —
- SAH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −0.6 pp | Dec 2022 −11.0 pp | Mar 2023 −2.7 pp | Jun 2023 −3.5 pp | Sep 2023 −1.2 pp | Dec 2023 +7.9 pp | Mar 2024 0.0 pp | Jun 2024 +1.0 pp | Sep 2024 −0.9 pp | Dec 2024 +0.9 pp | Mar 2025 +1.2 pp | Jun 2025 −4.2 pp | Sep 2025 +0.2 pp | Dec 2025 −0.5 pp | Mar 2026 −0.5 pp | Jun 2026 +4.7 pp
- DRVN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +0.5 pp | Dec 2022 +1.2 pp | Mar 2023 — | Jun 2023 +2.0 pp | Sep 2023 −0.2 pp | Dec 2023 −0.4 pp | Mar 2024 — | Jun 2024 +0.2 pp | Sep 2024 −0.8 pp | Dec 2024 −1.0 pp | Mar 2025 −0.1 pp | Jun 2025 −0.7 pp | Sep 2025 +0.5 pp | Dec 2025 +1.9 pp | Mar 2026 +0.6 pp | Jun 2026 —
- ACVA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +1.7 pp | Dec 2022 +1.6 pp | Mar 2023 +1.3 pp | Jun 2023 +0.9 pp | Sep 2023 +0.5 pp | Dec 2023 +0.2 pp | Mar 2024 −0.3 pp | Jun 2024 +0.2 pp | Sep 2024 +1.0 pp | Dec 2024 +0.3 pp | Mar 2025 +1.5 pp | Jun 2025 +2.0 pp | Sep 2025 −0.8 pp | Dec 2025 +1.5 pp | Mar 2026 +0.9 pp | Jun 2026 —
- CWH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −4.4 pp | Dec 2022 −3.0 pp | Mar 2023 −3.7 pp | Jun 2023 −5.0 pp | Sep 2023 −2.7 pp | Dec 2023 −0.7 pp | Mar 2024 −2.0 pp | Jun 2024 −1.4 pp | Sep 2024 −0.8 pp | Dec 2024 −0.1 pp | Mar 2025 +0.6 pp | Jun 2025 +1.0 pp | Sep 2025 +0.5 pp | Dec 2025 −1.2 pp | Mar 2026 0.0 pp | Jun 2026 −1.1 pp
- RDNW: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 +6.6 pp | Dec 2022 −4.1 pp | Mar 2023 −4.5 pp | Jun 2023 −5.5 pp | Sep 2023 −1.5 pp | Dec 2023 −1.0 pp | Mar 2024 +1.0 pp | Jun 2024 +2.5 pp | Sep 2024 +0.9 pp | Dec 2024 −6.9 pp | Mar 2025 −0.1 pp | Jun 2025 −6.9 pp | Sep 2025 +1.3 pp | Dec 2025 +9.3 pp | Mar 2026 +1.1 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: CarMax, Inc. has the lowest comparable PEG at 0.64×, 53.6% below Valvoline Inc.. Only 3 of 17 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: CarMax, Inc. · 0.64× | 53.6% versus #2 · Valvoline Inc. | 0/8 recent comparable periods | 3/17 companies · 27 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

### PEG — lowest PEG
1. CarMax, Inc. (KMX): 0.6
2. Valvoline Inc. (VVV): 1.4
3. CarGurus, Inc. (CARG): 3.3

### P/E — lowest P/E
1. RideNow Group, Inc. (RDNW): 5.6
2. Asbury Automotive Group, Inc. (ABG): 7.5
3. AutoNation, Inc. (AN): 8.6
4. Lithia Motors, Inc. (LAD): 9.6
5. Driven Brands Holdings Inc. (DRVN): 11.3

### 20-quarter PEG history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 3.1 | Jun 2025 2.4 | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- PAG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 1.6 | Sep 2025 1.1 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- KMX: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 4.4 | Jun 2025 0.4 | Sep 2025 0.6 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- LAD: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 1.2 | Sep 2025 0.5 | Dec 2025 1.2 | Mar 2026 — | Jun 2026 —
- AN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.4 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 1.2 | Jun 2026 —
- RUSHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.2 | Jun 2023 0.7 | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- VVV: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 1.4 | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- ABG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.2 | Jun 2023 0.2 | Sep 2023 0.3 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 0.2 | Sep 2025 — | Dec 2025 0.6 | Mar 2026 0.2 | Jun 2026 —
- GPI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 0.2 | Jun 2023 0.3 | Sep 2023 0.6 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- CARG: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 3.3 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- SAH: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 0.4 | Mar 2025 0.2 | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —

### 20-quarter P/E history
- CVNA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 70.6 | Mar 2024 38.6 | Jun 2024 43.3 | Sep 2024 17,411.0 | Dec 2024 127.9 | Mar 2025 73.4 | Jun 2025 84.0 | Sep 2025 85.7 | Dec 2025 49.9 | Mar 2026 38.2 | Jun 2026 36.4
- PAG: Sep 2021 7.5 | Dec 2021 7.2 | Mar 2022 5.4 | Jun 2022 5.8 | Sep 2022 5.4 | Dec 2022 6.2 | Mar 2023 7.9 | Jun 2023 9.5 | Sep 2023 9.9 | Dec 2023 9.8 | Mar 2024 11.3 | Jun 2024 11.0 | Sep 2024 12.5 | Dec 2024 10.5 | Mar 2025 10.0 | Jun 2025 11.6 | Sep 2025 11.9 | Dec 2025 11.2 | Mar 2026 11.0 | Jun 2026 13.2
- KMX: Sep 2021 — | Dec 2021 19.5 | Mar 2022 15.7 | Jun 2022 16.9 | Sep 2022 17.8 | Dec 2022 19.4 | Mar 2023 22.8 | Jun 2023 24.8 | Sep 2023 28.5 | Dec 2023 20.3 | Mar 2024 26.2 | Jun 2024 27.5 | Sep 2024 31.8 | Dec 2024 28.5 | Mar 2025 25.9 | Jun 2025 17.8 | Sep 2025 18.0 | Dec 2025 12.8 | Mar 2026 25.7 | Jun 2026 29.2
- LAD: Sep 2021 9.4 | Dec 2021 8.1 | Mar 2022 7.2 | Jun 2022 6.4 | Sep 2022 4.8 | Dec 2022 4.6 | Mar 2023 5.6 | Jun 2023 7.6 | Sep 2023 7.9 | Dec 2023 9.1 | Mar 2024 8.9 | Jun 2024 8.2 | Sep 2024 10.9 | Dec 2024 12.1 | Mar 2025 9.3 | Jun 2025 10.0 | Sep 2025 9.2 | Dec 2025 10.3 | Mar 2026 8.8 | Jun 2026 9.6
- AN: Sep 2021 8.4 | Dec 2021 6.4 | Mar 2022 4.6 | Jun 2022 4.8 | Sep 2022 4.2 | Dec 2022 4.4 | Mar 2023 5.5 | Jun 2023 6.8 | Sep 2023 6.5 | Dec 2023 6.6 | Mar 2024 7.9 | Jun 2024 8.7 | Sep 2024 10.3 | Dec 2024 10.0 | Mar 2025 9.6 | Jun 2025 12.5 | Sep 2025 12.9 | Dec 2025 12.1 | Mar 2026 10.6 | Jun 2026 8.6
- RUSHA: Sep 2021 11.8 | Dec 2021 13.3 | Mar 2022 10.2 | Jun 2022 8.2 | Sep 2022 7.0 | Dec 2022 7.6 | Mar 2023 8.0 | Jun 2023 9.1 | Sep 2023 9.4 | Dec 2023 12.1 | Mar 2024 13.5 | Jun 2024 11.1 | Sep 2024 14.0 | Dec 2024 14.7 | Mar 2025 14.9 | Jun 2025 14.7 | Sep 2025 15.9 | Dec 2025 16.5 | Mar 2026 20.0 | Jun 2026 22.0
- VVV: Sep 2021 13.6 | Dec 2021 16.2 | Mar 2022 13.3 | Jun 2022 12.0 | Sep 2022 41.5 | Dec 2022 14.0 | Mar 2023 16.8 | Jun 2023 19.6 | Sep 2023 3.7 | Dec 2023 32.4 | Mar 2024 34.6 | Jun 2024 33.8 | Sep 2024 26.0 | Dec 2024 17.2 | Mar 2025 16.7 | Jun 2025 17.6 | Sep 2025 21.9 | Dec 2025 43.4 | Mar 2026 46.1 | Jun 2026 —
- OPLN: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 456.0 | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 35.2 | Sep 2024 88.8 | Dec 2024 44.1 | Mar 2025 36.0 | Jun 2025 33.0 | Sep 2025 33.1 | Dec 2025 — | Mar 2026 — | Jun 2026 —
- ABG: Sep 2021 8.0 | Dec 2021 6.5 | Mar 2022 5.0 | Jun 2022 5.1 | Sep 2022 4.3 | Dec 2022 4.0 | Mar 2023 4.9 | Jun 2023 5.6 | Sep 2023 5.5 | Dec 2023 7.8 | Mar 2024 8.6 | Jun 2024 11.7 | Sep 2024 13.5 | Dec 2024 11.3 | Mar 2025 10.5 | Jun 2025 8.7 | Sep 2025 8.6 | Dec 2025 9.3 | Mar 2026 6.9 | Jun 2026 7.5
- GPI: Sep 2021 6.1 | Dec 2021 6.5 | Mar 2022 4.6 | Jun 2022 4.5 | Sep 2022 3.5 | Dec 2022 3.8 | Mar 2023 4.9 | Jun 2023 5.6 | Sep 2023 5.9 | Dec 2023 7.1 | Mar 2024 6.9 | Jun 2024 7.3 | Sep 2024 10.2 | Dec 2024 11.5 | Mar 2025 10.7 | Jun 2025 12.0 | Sep 2025 15.3 | Dec 2025 15.6 | Mar 2026 12.6 | Jun 2026 12.1
- CARG: Sep 2021 35.7 | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 22.6 | Mar 2023 53.4 | Jun 2023 40.4 | Sep 2023 29.7 | Dec 2023 127.2 | Mar 2024 82.4 | Jun 2024 — | Sep 2024 — | Dec 2024 182.7 | Mar 2025 83.2 | Jun 2025 27.2 | Sep 2025 25.3 | Dec 2025 24.7 | Mar 2026 22.4 | Jun 2026 —
- BGSI: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 194.3 | Mar 2026 193.7 | Jun 2026 —
- SAH: Sep 2021 6.5 | Dec 2021 6.1 | Mar 2022 4.6 | Jun 2022 4.1 | Sep 2022 19.4 | Dec 2022 22.1 | Mar 2023 84.9 | Jun 2023 — | Sep 2023 9.6 | Dec 2023 11.3 | Mar 2024 11.7 | Jun 2024 10.1 | Sep 2024 9.5 | Dec 2024 10.3 | Mar 2025 8.1 | Jun 2025 17.8 | Sep 2025 20.6 | Dec 2025 18.1 | Mar 2026 21.8 | Jun 2026 13.5
- DRVN: Sep 2021 142.5 | Dec 2021 555.0 | Mar 2022 73.4 | Jun 2022 — | Sep 2022 — | Dec 2022 109.2 | Mar 2023 — | Jun 2023 137.8 | Sep 2023 34.7 | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 178.9 | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 17.4 | Mar 2026 11.3 | Jun 2026 —
- CWH: Sep 2021 6.7 | Dec 2021 6.7 | Mar 2022 5.0 | Jun 2022 4.1 | Sep 2022 5.6 | Dec 2022 7.7 | Mar 2023 9.3 | Jun 2023 34.6 | Sep 2023 92.8 | Dec 2023 46.1 | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —
- RDNW: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 5.6 | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 —


## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.

## Every company
- Carvana Co. (CVNA) — market value ₹75.8K Cr; latest fundamentals Jun 2026
- Penske Automotive Group, Inc. (PAG) — market value ₹14.4K Cr; latest fundamentals Jun 2026
- CarMax, Inc. (KMX) — market value ₹8.2K Cr; latest fundamentals Jun 2026
- Lithia Motors, Inc. (LAD) — market value ₹8.2K Cr; latest fundamentals Jun 2026
- AutoNation, Inc. (AN) — market value ₹7.1K Cr; latest fundamentals Jun 2026
- Rush Enterprises, Inc. (RUSHA) — market value ₹6.4K Cr; latest fundamentals Jun 2026
- Valvoline Inc. (VVV) — market value ₹5.0K Cr; latest fundamentals Mar 2026
- OPENLANE, Inc. (OPLN) — market value ₹4.2K Cr; latest fundamentals Mar 2026
- Asbury Automotive Group, Inc. (ABG) — market value ₹4.0K Cr; latest fundamentals Jun 2026
- Group 1 Automotive, Inc. (GPI) — market value ₹3.4K Cr; latest fundamentals Jun 2026
- CarGurus, Inc. (CARG) — market value ₹3.3K Cr; latest fundamentals Mar 2026
- Boyd Group Services Inc. (BGSI) — market value ₹3.0K Cr; latest fundamentals Mar 2026
- Sonic Automotive, Inc. (SAH) — market value ₹2.8K Cr; latest fundamentals Jun 2026
- Driven Brands Holdings Inc. (DRVN) — market value ₹2.5K Cr; latest fundamentals Mar 2026
- ACV Auctions Inc. (ACVA) — market value ₹1.4K Cr; latest fundamentals Mar 2026
- Camping World Holdings, Inc. (CWH) — market value ₹678 Cr; latest fundamentals Jun 2026
- RideNow Group, Inc. (RDNW) — market value ₹264 Cr; latest fundamentals Mar 2026

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-08-04.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Is the Auto & Truck Dealerships sector outperforming S&P 500?

Auto & Truck Dealerships has underperformed S&P 500 by 10.7% over 52 weeks and 1.4% over 13 weeks. 8 of 17 covered companies beat the S&P 500 on Mansfield relative strength, while 10 of 17 beat the sector itself.

### Which Auto & Truck Dealerships company is largest by revenue?

CarMax, Inc. leads with revenue of $26,349 million, based on 7 of 17 comparable companies through Jun 2026.

### Which Auto & Truck Dealerships company is growing fastest?

ACV Auctions Inc. has the fastest current revenue growth at 15.8%, across 7 of 17 comparable companies.

### Which Auto & Truck Dealerships company has the strongest 4-Factor Sector Score?

OPENLANE, Inc. ranks first at 63.8/100 with 65.1% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### Which Auto & Truck Dealerships company has the lowest comparable PEG?

CarMax, Inc. has the lowest comparable PEG at 0.64, among 3 of 17 companies whose earnings and growth are steady enough for the ratio to mean anything.

### How much history does this Auto & Truck Dealerships comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

### Which Auto & Truck Dealerships company is the biggest?

CarMax, Inc. is the largest, with trailing-twelve-month revenue of $26,349 million, ahead of Boyd Group Services Inc. at $3,361 million. That covers 7 of 17 companies with comparable reporting through Jun 2026.

### Which Auto & Truck Dealerships company has the best profit margins?

Valvoline Inc. has the highest operating margin at 17.1%, from 17 of 17 comparable companies. ACV Auctions Inc. shows the biggest recent improvement, at +3.4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

### Which Auto & Truck Dealerships company makes the most profit?

CarMax, Inc. earns the most, at $222 million of trailing-twelve-month net profit, from 8 of 17 comparable companies. CarGurus, Inc. has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Auto & Truck Dealerships company earns the highest return on capital?

AutoNation, Inc. leads on return on capital employed at 8.1%, across 17 of 17 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Which Auto & Truck Dealerships stock is the cheapest?

On PEG — where a LOWER number is cheaper — CarMax, Inc. screens cheapest at 0.64×. Only 3 of 17 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

### Is the Auto & Truck Dealerships sector beating the market?

Auto & Truck Dealerships has underperformed S&P 500 by 10.7% over the last 52 weeks and 1.4% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 8 of 17 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Auto & Truck Dealerships stock has the strongest price momentum?

Rush Enterprises, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Auto & Truck Dealerships company scores highest for research priority?

OPENLANE, Inc. scores 63.8 out of 100 with 65.1% evidence confidence, from 25.8 points on growth and earnings, 12.6 on capital efficiency, 9.3 on valuation and 16.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Auto & Truck Dealerships companies does this comparison cover, and over what period?

It compares 17 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Auto & Truck Dealerships sector?

The 17 Auto & Truck Dealerships companies on this page carry $150,558 million of combined market value. Carvana Co. is the largest at $75,798 million, about 50% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.

### What is the Auto & Truck Dealerships sector's P/E ratio?

The median price-to-earnings ratio across the 17 Auto & Truck Dealerships companies on this page is 22×, measured on the 16 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.

### How is the Auto & Truck Dealerships sector performing?

8 of the 17 covered Auto & Truck Dealerships companies are beating S&P 500 on Mansfield relative strength. The sector itself is 10.7% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.

### How many Auto & Truck Dealerships stocks are listed in the US?

This comparison covers 17 listed Auto & Truck Dealerships companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.