NYSE : CARS
Cars.com Inc. — Financial statements
Communication Services · Internet Content & Information · United States
Last price 11.24 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 601.71M
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Financial statements
Cars.com Inc. (CARS) reported revenue of 725.63M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 713.10M | 709.36M | 706.62M | 677.57M | 637.78M | 615.01M |
| Other Revenue | 12.54M | 13.88M | 12.54M | 11.62M | 16.10M | 8.68M |
| Revenue | 725.63M | 723.24M | 719.15M | 689.18M | 653.88M | 623.68M |
| Cost of Revenue | 238.74M | 240.66M | 242.21M | 224.23M | 203.97M | 191.52M |
| Gross Profit | 486.89M | 482.58M | 476.94M | 464.95M | 449.90M | 432.17M |
| Selling, General & Admin | 329.64M | 330.29M | 316.26M | 308.44M | 288.47M | 280.60M |
| Operating Expenses | 403.64M | 422.13M | 423.45M | 409.44M | 382.87M | 382.53M |
| Operating Income | 83.25M | 60.45M | 53.50M | 55.52M | 67.04M | 49.64M |
| Interest Expense | -29.70M | -30.38M | -32.20M | -32.42M | -35.32M | -38.73M |
| Other Non Operating Income (Expenses) | 457.00K | 4.44M | -3.76M | 1.95M | -10.00K | -126.00K |
| EBT Excluding Unusual Items | 54.01M | 34.51M | 17.54M | 25.04M | 31.71M | 10.78M |
| Merger & Restructuring Charges | -200.00K | -200.00K | -1.40M | -1.00M | -1.30M | |
| Gain (Loss) on Sale of Investments | 10.85M | |||||
| Other Unusual Items | 33.47M | -5.54M | -8.13M | |||
| Pretax Income | 53.81M | 34.31M | 61.86M | 18.11M | 22.58M | 9.48M |
| Income Tax Expense | 19.52M | 14.25M | 13.68M | -100.34M | 5.37M | -1.31M |
| Net Income | 34.30M | 20.05M | 48.19M | 118.44M | 17.21M | 10.79M |
| Net Income to Common | 34.30M | 20.05M | 48.19M | 118.44M | 17.21M | 10.79M |
| Shares Outstanding (Basic) | 59.18M | 62.39M | 66.01M | 66.74M | 68.22M | 68.73M |
| Shares Outstanding (Diluted) | 60.09M | 63.26M | 67.39M | 68.23M | 69.65M | 71.34M |
| EPS (Basic) | 0.58 | 0.32 | 0.73 | 1.77 | 0.25 | 0.16 |
| EPS (Diluted) | 0.57 | 0.32 | 0.72 | 1.74 | 0.25 | 0.15 |
| Free Cash Flow | 149.82M | 147.35M | 149.52M | 135.44M | 126.68M | 136.55M |
| Free Cash Flow Per Share | 2.49 | 2.33 | 2.22 | 1.99 | 1.82 | 1.91 |
| Gross Margin | 67.10% | 66.72% | 66.32% | 67.46% | 68.81% | 69.29% |
| Operating Margin | 11.47% | 8.36% | 7.44% | 8.05% | 10.25% | 7.96% |
| Profit Margin | 4.73% | 2.77% | 6.70% | 17.19% | 2.63% | 1.73% |
| Free Cash Flow Margin | 20.65% | 20.37% | 20.79% | 19.65% | 19.37% | 21.89% |
| EBITDA | 157.25M | 152.29M | 160.68M | 156.52M | 161.43M | 151.57M |
| EBITDA Margin | 21.67% | 21.06% | 22.34% | 22.71% | 24.69% | 24.30% |
| D&A For EBITDA | 73.99M | 91.84M | 107.18M | 101.00M | 94.39M | 101.93M |
| EBIT | 83.25M | 60.45M | 53.50M | 55.52M | 67.04M | 49.64M |
| EBIT Margin | 11.47% | 8.36% | 7.44% | 8.05% | 10.25% | 7.96% |
| Effective Tax Rate | 36.27% | 41.55% | 22.11% | 23.79% | ||
| Revenue as Reported | 725.63M | 723.24M | 719.15M | 689.18M | 653.88M | 623.68M |
| Advertising Expenses | 109.10M | 105.30M | 107.80M | 107.10M | 104.40M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 33.29M | 56.24M | 50.67M | 39.20M | 31.71M | 39.07M |
| Short-Term Investments | 1.00M | 9.50M | ||||
| Cash & Short-Term Investments | 33.29M | 57.24M | 60.17M | 39.20M | 31.71M | 39.07M |
| Receivables | 143.13M | 131.94M | 133.74M | 125.37M | 107.93M | 98.89M |
| Prepaid Expenses | 12.88M | 15.49M | 13.78M | 12.55M | 8.38M | 7.81M |
| Other Current Assets | 5.67M | 6.92M | 6.63M | 1.31M | 605.00K | 1.67M |
| Total Current Assets | 194.97M | 211.59M | 214.33M | 178.44M | 148.63M | 147.44M |
| Property, Plant & Equipment | 34.15M | 51.08M | 57.51M | 56.85M | 58.92M | 57.60M |
| Long-Term Investments | 31.29M | 8.57M | 10.52M | 7.98M | 7.33M | 6.45M |
| Goodwill | 165.79M | 167.21M | 143.28M | 147.06M | 102.86M | 26.23M |
| Other Intangible Assets | 505.05M | 527.08M | 585.69M | 669.17M | 707.09M | 769.42M |
| Long-Term Deferred Tax Assets | 81.18M | 88.59M | 100.53M | 112.95M | 48.00K | 60.00K |
| Total Assets | 1.01B | 1.06B | 1.11B | 1.17B | 1.02B | 1.01B |
| Accounts Payable | 33.05M | 27.75M | 33.50M | 22.26M | 18.23M | 15.42M |
| Accrued Expenses | 64.59M | 82.67M | 79.30M | 74.56M | 64.25M | 66.43M |
| Current Portion of Long-Term Debt | 23.13M | 14.13M | 12.44M | |||
| Current Portion of Leases | 2.97M | 4.08M | ||||
| Other Current Liabilities | 25.80M | 9.40M | ||||
| Total Current Liabilities | 97.64M | 113.39M | 116.89M | 145.75M | 106.01M | 94.29M |
| Long-Term Debt | 447.12M | 451.52M | 455.29M | 460.12M | 458.25M | 457.38M |
| Long-Term Leases | 13.98M | 16.55M | 27.60M | 28.50M | 30.80M | |
| Long-Term Deferred Tax Liabilities | 5.87M | 6.24M | 6.77M | 8.76M | 1.40M | |
| Other Long-Term Liabilities | 18.20M | 4.76M | 4.89M | 38.12M | 46.28M | 26.71M |
| Total Liabilities | 568.83M | 589.89M | 600.38M | 680.34M | 640.44M | 609.18M |
| Common Stock | 539.00K | 586.00K | 643.00K | 659.00K | 662.00K | 692.00K |
| Additional Paid-In Capital | 1.37B | 1.41B | 1.47B | 1.50B | 1.51B | 1.54B |
| Retained Earnings | -922.25M | -941.49M | -961.55M | -1.01B | -1.13B | -1.15B |
| Comprehensive Income & Other | -1.73M | -556.00K | -1.60M | 951.00K | -2.00M | |
| Shareholders' Equity | 443.61M | 472.53M | 511.49M | 492.11M | 384.43M | 398.02M |
| Total Liabilities & Equity | 1.01B | 1.06B | 1.11B | 1.17B | 1.02B | 1.01B |
| Total Debt | 447.12M | 468.47M | 475.92M | 510.85M | 500.88M | 500.62M |
| Net Cash (Debt) | -413.84M | -411.24M | -415.75M | -471.65M | -469.17M | -461.56M |
| Net Cash Per Share | -6.89 | -6.50 | -6.17 | -6.91 | -6.74 | -6.47 |
| Filing Date Shares Outstanding | 53.53M | 58.64M | 63.85M | 65.71M | 66.15M | 69.17M |
| Total Common Shares Outstanding | 53.93M | 58.64M | 64.39M | 65.93M | 66.29M | 69.17M |
| Working Capital | 97.33M | 98.20M | 97.44M | 32.69M | 42.62M | 53.15M |
| Book Value Per Share | 8.23 | 8.06 | 7.94 | 7.46 | 5.80 | 5.75 |
| Tangible Book Value | -227.24M | -221.76M | -217.48M | -324.12M | -425.51M | -397.63M |
| Tangible Book Value Per Share | -4.21 | -3.78 | -3.38 | -4.92 | -6.42 | -5.75 |
| Machinery | 11.44M | 17.60M | 15.91M | 16.69M | 16.29M | |
| Leasehold Improvements | 20.13M | 17.40M | 17.57M | 18.58M | 18.66M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 34.30M | 20.05M | 48.19M | 118.44M | 17.21M | 10.79M |
| Depreciation & Amortization | 73.99M | 91.84M | 107.18M | 101.00M | 94.39M | 101.93M |
| Other Amortization | 1.91M | 1.91M | 2.25M | 3.04M | 3.23M | 3.36M |
| Loss (Gain) From Sale of Investments | -10.85M | 2.36M | 5.67M | |||
| Stock-Based Compensation | 30.79M | 31.33M | 30.55M | 28.49M | 22.34M | 21.43M |
| Provision & Write-off of Bad Debts | 2.36M | 1.96M | 3.39M | 2.99M | 1.89M | 164.00K |
| Other Operating Activities | 21.21M | 11.72M | -17.22M | -110.89M | 6.20M | -1.51M |
| Change in Accounts Receivable | -13.16M | 601.00K | -12.32M | -15.57M | -9.34M | -5.35M |
| Change in Accounts Payable | 2.17M | -5.68M | 11.10M | 3.72M | 2.61M | -1.10M |
| Change in Other Net Operating Assets | -2.00M | -2.09M | -9.75M | 5.49M | -12.39M | 2.62M |
| Operating Cash Flow | 151.58M | 151.64M | 152.52M | 136.72M | 128.51M | 138.00M |
| Capital Expenditures | -1.75M | -4.29M | -3.00M | -1.28M | -1.83M | -1.45M |
| Cash Acquisitions | -24.77M | -216.00K | -76.17M | -64.66M | -20.26M | |
| Sale (Purchase) of Intangibles | -22.44M | -21.62M | -21.38M | -19.60M | -17.89M | -17.74M |
| Investment in Securities | 9.48M | |||||
| Other Investing Activities | -8.21M | -8.21M | ||||
| Investing Cash Flow | -32.40M | -49.40M | -24.60M | -97.05M | -84.38M | -39.45M |
| Long-Term Debt Issued | 10.00M | 45.00M | 45.00M | |||
| Long-Term Debt Repaid | -15.00M | -30.00M | -36.25M | -41.25M | -120.00M | |
| Net Debt Issued (Repaid) | -10.00M | -5.00M | -30.00M | 8.75M | 3.75M | -120.00M |
| Repurchase of Common Stock | -99.73M | -86.91M | -49.18M | -31.29M | -48.98M | |
| Other Financing Activities | -3.81M | -4.71M | -36.78M | -9.21M | -6.26M | -7.20M |
| Financing Cash Flow | -113.54M | -96.62M | -115.96M | -31.75M | -51.49M | -127.20M |
| Foreign Exchange Rate Adjustments | -59.00K | -55.00K | -494.00K | -439.00K | ||
| Net Cash Flow | 5.58M | 5.56M | 11.47M | 7.48M | -7.35M | -28.65M |
| Free Cash Flow | 149.82M | 147.35M | 149.52M | 135.44M | 126.68M | 136.55M |
| Free Cash Flow Margin | 20.65% | 20.37% | 20.79% | 19.65% | 19.37% | 21.89% |
| Free Cash Flow Per Share | 2.49 | 2.33 | 2.22 | 1.99 | 1.82 | 1.91 |
| Levered Free Cash Flow | 104.95M | 115.38M | 104.18M | 134.50M | 121.56M | 124.08M |
| Unlevered Free Cash Flow | 121.60M | 132.46M | 122.05M | 151.72M | 140.40M | 144.93M |
| Cash Interest Paid | 29.61M | 29.95M | 32.52M | 30.42M | 33.37M | 38.34M |
| Cash Income Tax Paid | 2.57M | 6.49M | 17.64M | 545.00K | -7.99M | |
| Change in Working Capital | -12.99M | -7.18M | -10.97M | -6.35M | -19.11M | -3.83M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 601.71M | 729.72M | 1.12B | 1.26B | 917.23M | 1.11B |
| Enterprise Value | 1.02B | 1.14B | 1.54B | 1.66B | 1.38B | 1.58B |
| Last Close Price | 11.24 | 12.20 | 17.33 | 18.97 | 13.77 | 16.09 |
| PE Ratio | 19.71 | 36.39 | 23.28 | 10.61 | 53.31 | 103.03 |
| Forward PE | 5.27 | 5.68 | 7.24 | 8.70 | 6.87 | 8.46 |
| PS Ratio | 0.83 | 1.01 | 1.56 | 1.82 | 1.40 | 1.78 |
| PB Ratio | 1.37 | 1.54 | 2.19 | 2.55 | 2.39 | 2.79 |
| P/FCF Ratio | 4.02 | 4.95 | 7.50 | 9.28 | 7.24 | 8.14 |
| P/OCF Ratio | 3.97 | 4.81 | 7.36 | 9.19 | 7.14 | 8.06 |
| PEG Ratio | 0.64 | 0.31 | 0.70 | 0.19 | 0.40 | |
| EV/Sales Ratio | 1.40 | 1.58 | 2.14 | 2.40 | 2.11 | 2.53 |
| EV/EBITDA Ratio | 6.46 | 7.52 | 9.57 | 10.57 | 8.55 | 10.41 |
| EV/EBIT Ratio | 12.20 | 18.94 | 28.74 | 29.81 | 20.60 | 31.80 |
| EV/FCF Ratio | 6.78 | 7.77 | 10.28 | 12.22 | 10.90 | 11.56 |
| Debt / Equity Ratio | 1.01 | 0.99 | 0.93 | 1.04 | 1.30 | 1.26 |
| Debt / EBITDA Ratio | 2.84 | 3.03 | 2.83 | 3.13 | 2.98 | 3.15 |
| Debt / FCF Ratio | 2.98 | 3.18 | 3.18 | 3.77 | 3.95 | 3.67 |
| Net Debt / Equity Ratio | 0.93 | 0.87 | 0.81 | 0.96 | 1.22 | 1.16 |
| Net Debt / EBITDA Ratio | 2.63 | 2.70 | 2.59 | 3.01 | 2.91 | 3.04 |
| Net Debt / FCF Ratio | 2.76 | 2.79 | 2.78 | 3.48 | 3.70 | 3.38 |
| Asset Turnover | 0.70 | 0.67 | 0.63 | 0.63 | 0.64 | 0.60 |
| Quick Ratio | 1.81 | 1.67 | 1.66 | 1.13 | 1.32 | 1.46 |
| Current Ratio | 2.00 | 1.87 | 1.83 | 1.22 | 1.40 | 1.56 |
| Return on Equity (ROE) | 7.40% | 4.08% | 9.60% | 27.02% | 4.40% | 2.92% |
| Return on Assets (ROA) | 5.01% | 3.48% | 2.93% | 3.16% | 4.12% | 2.98% |
| Return on Invested Capital (ROIC) | 6.22% | 3.90% | 4.41% | 6.11% | 5.96% | 5.64% |
| Return on Capital Employed (ROCE) | 9.10% | 6.40% | 5.40% | 5.40% | 7.30% | 5.40% |
| Earnings Yield | 5.07% | 2.75% | 4.29% | 9.43% | 1.88% | 0.97% |
| FCF Yield | 24.90% | 20.19% | 13.33% | 10.78% | 13.81% | 12.28% |
| Buyback Yield / Dilution | 8.77% | 6.12% | 1.23% | 2.04% | 2.37% | -6.09% |