(CARG) CarGurus - Ratings and Ratios

CarGurus is a leading online automotive platform that connects buyers and sellers of new and used vehicles across the United States and internationally. The company operates through two main segments: the U.S. Marketplace, which is its core business, and Digital Wholesale, which focuses on facilitating dealer-to-dealer transactions. CarGurus provides a seamless online marketplace where consumers can search for and compare listings from dealers and private sellers, while also offering dealers tools to enhance their visibility and reach a targeted audience.

The platform generates revenue primarily through paid listings subscriptions, which allow dealers to promote their inventory more effectively. Additionally, CarGurus offers advertising products for dealers and non-dealers across its websites and social media channels, creating multiple revenue streams. The company has expanded its presence beyond the U.S., operating under the CarGurus brand in Canada and the United Kingdom, as well as through acquired brands like Autolist and CarOffer in the U.S., and PistonHeads in the U.K., catering to local markets and enthusiast communities.

CarGurus has established itself as a key player in the digital transformation of the automotive industry, leveraging its technology to create a more efficient and transparent marketplace. The companys focus on user experience and data-driven insights has helped it build a strong reputation among both consumers and dealers. With a market capitalization of over $4.6 billion, CarGurus trades on the NASDAQ under the ticker symbol CARG, offering investors exposure to the growing online automotive marketplace sector.