ACV Auctions Inc.

ACV Auctions Inc.

ACVA · NYSE · Consumer Cyclical / Auto & Truck Dealerships

10.50USD+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close10.50
Open10.50
Day Range10.50 – 10.50
52-Week Range4.07 – 10.50
Volume0
Market Cap1.78B
P/E (TTM)0.00
Forward P/E37.31
EPS-0.37
Dividend Yield0.00%
Beta1.83
50-Day Avg8.03
200-Day Avg6.81

About

ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership. The company offers marketplace platform includes digital marketplace that connects buyers and sellers by providing auctions, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green customer assurance services for claims against defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage to facilitate auction business with commercial partners, such as fleet, rental car, and financial sector consignors. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software that enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, Apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto & Truck Dealerships
  • CEOMr. George G. Chamoun
  • Employees3.20K
  • Headquarters640 Ellicott Street, Buffalo, NY, United States, 14203, USA
  • Websitehttps://www.acvauto.com

Leadership

  • Mr. George G. ChamounCEO & Director · b. 1976
  • Mr. Vikas MehtaChief Operating Officer · b. 1977
  • Ms. Leanne Fitzgerald J.D.Chief Legal and Administrative Officer & Secretary · b. 1966
  • Mr. Michael WatermanChief Sales Officer · b. 1970
  • Mr. Timothy M. FoxChief Financial Officer · b. 1965
  • Mr. Andrew PeerPrincipal Accounting Officer · b. 1985
  • Mr. Ross WinstonChief Technology Officer · b. 1972
  • Ms. Maura DugganAssociate Director of Communications
  • Mr. Craig Eric AndersonChief Corporate Development & Strategy Officer · b. 1978
  • Ms. Sallie ReidChief People Officer

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue35.54M106.85M208.36M358.44M421.53M481.23M637.16M759.61M
Growth (%)-+200.67%+95.01%+72.03%+17.60%+14.16%+32.40%+19.22%
Cost of Revenue21.79M82.78M113.05M204.75M236.65M244.45M248.21M288.12M
Gross Profit13.74M24.07M95.31M153.68M184.88M236.78M388.95M471.49M
Gross Margin38.68%22.53%45.74%42.88%43.86%49.20%61.04%62.07%
Operating Expense49.87M103.35M135.96M230.49M291.08M326.46M473.05M533.17M
Operating Income-36.13M-79.28M-40.65M-76.81M-106.21M-89.68M-84.11M-61.69M
Operating Margin-101.66%-74.20%-19.51%-21.43%-25.20%-18.63%-13.20%-8.12%
EBITDA-35.49M-75.29M-32.65M-67.92M-89.75M-53.88M-37.96M-11.46M
EBITDA Margin-99.88%-70.46%-15.67%-18.95%-21.29%-11.20%-5.96%-1.51%
Net Income-35.77M-77.22M-41.02M-78.18M-102.19M-75.26M-79.70M-66.14M
Net Income Margin-100.67%-72.27%-19.69%-21.81%-24.24%-15.64%-12.51%-8.71%
Interest Expense-0633.00K782.00K979.00K1.56M4.24M9.62M
Interest Expense % of Total Revenue-0.00%0.30%0.22%0.23%0.33%0.67%1.27%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-304.52M404.55M982.96M914.92M922.92M984.15M1.09B
Total Liabilities-410.66M544.24M426.86M429.20M466.40M544.14M655.93M
Total Equity--106.14M-139.69M556.10M485.72M456.53M440.00M429.68M
Cash-182.28M233.72M565.29M280.05M182.57M224.06M271.50M
Total Debt-1.95M6.90M3.85M76.67M115.00M123.00M190.00M
Net Debt--180.32M-226.82M-561.44M-203.38M-67.57M-101.06M-81.50M

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-72.46M10.37M85.29M-75.17M-17.89M65.40M78.23M
Investing Cash Flow-24.68M-19.67M-129.27M-282.98M-110.97M-15.86M-74.05M
Financing Cash Flow161.53M60.76M376.25M72.93M30.63M-7.87M42.97M
Capital Expenditure6.59M8.88M14.03M23.40M28.17M4.54M9.10M
Free Cash Flow-79.05M1.48M71.26M-98.57M-46.05M60.86M69.13M
Dividends Paid--2.77M5.46M---
FCF to OCF109.10%14.30%83.55%131.12%257.51%93.06%88.37%
Dividend Paid to FCF--3.88%-5.54%---

Earnings

Report DateMar 24, 2021May 13, 2021Aug 11, 2021Nov 10, 2021Feb 16, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Feb 22, 2023May 10, 2023Aug 7, 2023Nov 6, 2023Feb 21, 2024May 8, 2024Aug 7, 2024Nov 7, 2024Feb 19, 2025May 7, 2025Aug 11, 2025Nov 5, 2025Feb 23, 2026May 6, 2026Aug 10, 2026Nov 4, 2026
EPS Estimate0.00-0.60-0.30-0.17-0.18-0.15-0.12-0.11-0.11-0.09-0.06-0.05-0.050.010.02-0.11-0.010.020.08-0.04-0.010.03-0.05-0.03
EPS Actual-0.49-0.51-0.06-0.16-0.17-0.19-0.09-0.15-0.07-0.03-0.01-0.02-0.040.010.02-0.10-0.010.040.070.07-0.010.04-0.03-
Surprise-15.00%80.00%5.88%5.56%-26.67%25.00%-36.36%36.36%66.67%83.33%60.00%20.00%0.00%0.00%9.09%9.21%100.00%-12.50%275.00%37.00%33.33%40.00%-
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.78B
Enterprise Value1.73B
Trailing P/E0.00
Forward P/E37.31
Price / Sales2.28
Price / Book4.54
EPS-0.37
Book Value2.31
Revenue (TTM)801.34M
Gross Profit (TTM)214.82M
EBITDA-28.75M
Profit Margin-7.88%
Operating Margin-2.83%
Return on Equity-15.06%
Return on Assets-2.58%
Shares Outstanding169.81M
Shares Float153.64M
Beta1.83
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 14 analystsTarget 10.10
  • Strong Buy
    5
  • Buy
    7
  • Hold
    2

Ownership Breakdown

Institutions
98.60%
Insiders
4.72%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    13.13M7.14%
  • Atreides Management, LP
    9.90M5.38%
  • Vanguard Capital Management, LLC
    7.24M3.93%
  • Vanguard Portfolio Management, LLC
    7.17M3.90%
  • Cramer Rosenthal McGlynn LLC
    6.01M3.27%
  • Frontier Capital Management CO Inc
    5.81M3.16%
  • Paradice Investment Management LLC
    5.02M2.73%
  • Iridian Asset Management LLC
    4.58M2.49%
  • UBS Group AG
    4.46M2.42%
  • Point72 Asset Management, L.P.
    4.18M2.27%
  • Geode Capital Management, LLC
    4.05M2.20%
  • D. E. Shaw & Co LP
    3.88M2.11%
  • State Street Corp
    3.86M2.10%
  • RIMA MANAGEMENT, LLC
    3.53M1.92%
  • Morgan Stanley - Brokerage Accounts
    2.94M1.60%
  • Royce & Associates, LP
    2.66M1.45%
  • Arvin Capital Management LP
    2.66M1.45%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    5.28M2.87%
  • iShares Russell 2000 ETF
    4.39M2.39%
  • Vanguard Small Cap Index
    3.81M2.07%