Cars.Com Inc - Understand $cars stock

$CARS Market Cap: $1.208 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$713.0M

TTM

Gross Margin

67.86%

TTM

Net Earnings

$25.00M

TTM

Current Assets

$178.1M

Q2 2024

Current Liabilities

$116.6M

Q2 2024

Current Ratio

152.73%

Q2 2024

Total Assets

$1.121B

Q2 2024

Total Liabilities

$623.7M

Q2 2024

Book Value

$496.9M

Q2 2024

Cash

$29.07M

Q2 2024

P/E

48.30

Sep 17, 2024 EST

Free Cash Flow

$147.4M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$689.2M	$653.9M	$623.7M	$547.5M	$606.7M	$662.1M	$626.3M	$633.1M	$596.5M	$496.0M	$418.2M
YoY Change	5.4%	4.84%	13.91%	-9.75%	-8.37%	5.73%	-1.08%	6.14%	20.26%	18.6%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Revenue	$689.2M	$653.9M	$623.7M	$547.5M	$606.7M	$662.1M	$626.3M	$633.1M	$596.5M	$496.0M	$418.2M
Cost Of Revenue	$221.8M	$204.0M	$191.5M	$162.2M	$162.4M	$90.43M	$65.54M	$56.79M	$46.46M	$115.5M	$106.6M
Gross Profit	$467.4M	$449.9M	$432.2M	$385.3M	$444.3M	$571.7M	$560.7M	$576.3M	$550.0M	$380.4M	$311.7M
Gross Profit Margin	67.82%	68.81%	69.29%	70.37%	73.23%	86.34%	89.53%	91.03%	92.21%	76.69%	74.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Selling, General & Admin	$312.3M	$289.5M	$281.9M	$242.5M	$291.2M	$299.7M	$254.7M	$235.0M	$234.5M	$324.9M	$226.5M
YoY Change	7.88%	2.69%	16.25%	-16.73%	-2.83%	17.65%	8.41%	0.18%	-27.81%	43.44%
% of Gross Profit	66.81%	64.34%	65.23%	62.94%	65.54%	52.42%	45.43%	40.77%	42.64%	85.41%	72.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$22.33M	$16.38M	$16.29M	$18.94M	$18.27M	$12.80M	$10.80M	$8.276M	$8.160M	$27.60M	$9.300M
YoY Change	36.33%	0.55%	-14.01%	3.71%	42.7%	18.52%	30.5%	1.42%	-70.43%	196.77%
% of Gross Profit	4.78%	3.64%	3.77%	4.92%	4.11%	2.24%	1.93%	1.44%	1.48%	7.26%	2.98%
Operating Expenses	$635.1M	$587.8M	$575.3M	$1.435B	$1.053B	$578.2M	$492.0M	$456.5M	$438.8M	$343.0M	$226.5M
YoY Change	8.03%	2.17%	-59.9%	36.29%	82.07%	17.52%	7.79%	4.03%	27.92%	51.43%
Operating Profit	$54.12M	$66.04M	$48.34M	-$887.3M	-$446.1M	$83.92M	$134.3M	$176.7M	$157.7M	$37.40M	$85.20M
YoY Change	-18.05%	36.61%	-105.45%	98.93%	-631.5%	-37.49%	-24.0%	11.99%	321.75%	-56.1%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Interest Expense	-$32.42M	-$35.32M	-$38.73M	-$48.90M	-$51.60M	-$43.20M	-$21.30M	-$8.500M	-$6.700M	-$15.10M	-$17.80M
YoY Change	-8.2%	-8.8%	-20.8%	-5.23%	19.44%	102.82%	150.59%	26.87%	-55.63%	-15.17%
% of Operating Profit	-59.92%	-53.49%	-80.12%			-51.48%	-15.87%	-4.81%	-4.25%	-40.37%	-20.89%
Other Income/Expense, Net	-$36.01M	-$43.46M	-$38.86M	-$49.08M	-$29.22M	-$27.00M	-$12.09M	$308.0K	$105.0K	$300.0K	$1.900M
YoY Change	-17.14%	11.85%	-20.84%	67.98%	8.24%	123.21%	-4026.62%	193.33%	-65.0%	-84.21%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Pretax Income	$18.11M	$22.58M	$9.483M	-$936.4M	-$475.3M	$56.93M	$122.2M	$177.0M	$157.8M	$22.60M	$69.20M
YoY Change	-19.8%	138.07%	-101.01%	97.02%	-934.86%	-53.4%	-30.97%	12.11%	598.4%	-67.34%
Income Tax	-$100.3M	$5.370M	$1.764M	-$119.3M	-$29.96M	$18.12M	-$102.3M	$588.0K	$0.00	$0.00	$0.00
% Of Pretax Income	-554.19%	23.79%	18.6%			31.83%	-83.73%	0.33%	0.0%	0.0%	0.0%
Net Earnings	$118.4M	$17.21M	$7.719M	-$817.1M	-$445.3M	$38.81M	$224.4M	$176.4M	$157.8M	$591.6M	$104.7M
YoY Change	588.38%	122.9%	-100.94%	83.49%	-1247.48%	-82.71%	27.26%	11.74%	-73.32%	465.04%
Net Earnings / Revenue	17.19%	2.63%	1.24%	-149.24%	-73.4%	5.86%	35.84%	27.86%	26.46%	119.27%	25.04%
Basic Earnings Per Share	$1.77	$0.25	$0.11	-$12.15	-$6.65	$0.55	$3.13	$2.46	$2.20
Diluted Earnings Per Share	$1.74	$0.25	$0.11	-$12.15	-$6.65	$0.55	$3.13	$2.46	$2.20	$8.263M	$1.462M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Cash & Short-Term Investments	$39.20M	$31.72M	$39.07M	$67.70M	$13.50M	$25.50M	$20.60M	$8.900M	$100.0K	$200.0K
YoY Change	23.59%	-18.82%	-42.29%	401.48%	-47.06%	23.79%	131.46%	8800.0%	-50.0%
Cash & Equivalents	$39.20M	$31.72M	$39.07M	$67.70M	$13.50M	$25.50M	$20.60M	$8.900M	$100.0K	$200.0K
Short-Term Investments
Other Short-Term Assets	$13.87M	$8.982M	$9.475M	$16.70M	$7.100M	$19.60M	$21.20M	$12.30M	$11.70M	$15.40M
YoY Change	54.39%	-5.2%	-43.26%	135.21%	-63.78%	-7.55%	72.36%	5.13%	-24.03%
Inventory
Prepaid Expenses
Receivables	$125.4M	$107.9M	$98.89M	$93.60M	$101.8M	$108.9M	$100.9M	$98.30M	$86.50M	$83.50M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$200.0K	$30.70M
Total Short-Term Assets	$178.4M	$148.6M	$147.4M	$178.1M	$122.4M	$153.9M	$142.6M	$119.5M	$98.50M	$129.8M
YoY Change	20.06%	0.81%	-17.22%	45.51%	-20.47%	7.92%	19.33%	21.32%	-24.11%
Property, Plant & Equipment	$56.85M	$58.92M	$43.01M	$57.30M	$60.60M	$41.50M	$39.70M	$20.50M	$18.90M	$18.40M
YoY Change	-3.5%	37.0%	-24.95%	-5.45%	46.02%	4.53%	93.66%	8.47%	2.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$7.980M	$7.381M	$21.11M	$5.100M	$9.600M	$10.30M	$11.10M	$11.80M	$9.600M	$10.30M
YoY Change	8.12%	-65.04%	313.96%	-46.88%	-6.8%	-7.21%	-5.93%	22.92%	-6.8%
Other Assets	$113.0M
YoY Change
Total Long-Term Assets	$994.0M	$876.2M	$859.8M	$897.6M	$1.906B	$2.447B	$2.368B	$2.428B	$2.375B	$2.448B
YoY Change	13.44%	1.92%	-4.21%	-52.9%	-22.11%	3.3%	-2.45%	2.21%	-2.97%
Total Assets	$1.172B	$1.025B	$1.007B	$1.076B	$2.028B	$2.601B	$2.511B	$2.547B	$2.474B	$2.578B
YoY Change
Accounts Payable	$22.26M	$18.23M	$15.42M	$16.50M	$12.40M	$11.60M	$6.600M	$7.800M	$8.500M	$11.80M
YoY Change	22.1%	18.22%	-6.55%	33.06%	6.9%	75.76%	-15.38%	-8.24%	-27.97%
Accrued Expenses	$100.4M	$73.65M	$69.93M	$66.10M	$55.00M	$53.30M	$61.70M	$63.30M	$79.10M	$107.9M
YoY Change	36.27%	5.32%	5.79%	20.18%	3.19%	-13.61%	-2.53%	-19.97%	-26.69%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$23.13M	$14.13M	$8.941M	$7.800M	$31.40M	$26.90M	$21.20M
YoY Change	63.64%	58.08%	14.63%	-75.16%	16.73%	26.89%
Total Short-Term Liabilities	$145.7M	$106.0M	$94.29M	$90.40M	$98.80M	$110.7M	$90.10M	$72.00M	$88.40M	$120.0M
YoY Change	37.48%	12.43%	4.3%	-8.5%	-10.75%	22.86%	25.14%	-18.55%	-26.33%
Long-Term Debt	$460.1M	$458.2M	$457.4M	$576.1M	$611.3M	$665.3M	$557.2M	$0.00	$0.00	$0.00
YoY Change	0.41%	0.19%	-20.61%	-5.76%	-8.12%	19.4%
Other Long-Term Liabilities	$65.72M	$76.18M	$57.51M	$38.20M	$43.80M	$19.70M	$38.10M	$49.70M	$80.80M	$122.0M
YoY Change	-13.73%	32.46%	50.55%	-12.79%	122.34%	-48.29%	-23.34%	-38.49%	-33.77%
Total Long-Term Liabilities	$525.8M	$534.4M	$514.9M	$614.3M	$655.1M	$685.0M	$595.3M	$49.70M	$80.80M	$122.0M
YoY Change	-1.61%	3.79%	-16.18%	-6.23%	-4.36%	15.07%	1097.79%	-38.49%	-33.77%
Total Liabilities	$680.3M	$640.4M	$609.2M	$735.5M	$886.9M	$973.6M	$831.9M	$130.0M	$169.1M	$242.0M
YoY Change	6.23%	5.13%	-17.17%	-17.07%	-8.91%	17.03%	539.92%	-23.12%	-30.12%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Basic Shares Outstanding	66.74M	68.22M	68.73M	67.24M	67.00M	70.32M	71.66M	71.59M	71.59M
Diluted Shares Outstanding	68.23M	69.65M	71.34M	67.24M	67.00M	70.55M	71.73M	71.59M	71.59M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.2075 Billion

About Cars.com Inc

Cars.com, Inc. engages in the provision of an automotive marketplace platform and digital solutions that connect car shoppers with sellers. The company is headquartered in Chicago, Illinois and currently employs 1,700 full-time employees. The company went IPO on 2017-05-18. The company is engaged in car buying and selling with products, solutions and artificial intelligence (AI)-driven technologies that span pretail, retail and post-sale activities. The Cars Commerce platform is organized around four brands: the flagship automotive marketplace and dealer reputation site Cars.com, digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, and media solutions from the Cars Commerce Media Network. The company enables shoppers with the data, resources and digital tools needed to make informed buying decisions and connect with automotive retailers. Cars.com enables dealerships and original equipment manufacturers with solutions and data-driven intelligence. Its products and solutions have attracted approximately 19,500 franchise and independent dealer customers across the United States and Canada to its platform.

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