OverviewSuggest Edit

Cars.com (also known as Classified Ventures) is a company operating a two-sided digital automotive marketplace. It enables sellers to estimate the value, list a car on the website, and get trade-in offers from dealers. Cars.com also provides consumers with resources and information to make informed buying decisions and enables them to browse and buy used and new cars from both individuals and dealers. Additionally, the company operates DealerRater, Dealer Inspire, Auto.com, PickupTrucks.com, and NewCars.com services.
TypePublic
Founded1998
HQChicago, US
Websitecars.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2019)1,500(+8%)
Job Openings23
Revenue (FY, 2019)$606.7 M(-8%)
Share Price (Oct 2020)$7.7 (+2%)
Cybersecurity ratingCMore

Key People/Management at Cars.com

Alex Vetter

Alex Vetter

Chief Executive Officer and President, Director
Scott Forbes

Scott Forbes

Director and Chairman of the Board
Doug Miller

Doug Miller

Chief Revenue Officer
Jerri Devard

Jerri Devard

Director
Jill Greenthal

Jill Greenthal

Director
James F. Rogers

James F. Rogers

Chief Legal Officer
Show more

Cars.com Office Locations

Cars.com has offices in Chicago, Naperville, Santa Monica and Waltham
Chicago, US (HQ)
300 S Riverside Plaza #1000
Naperville, US
1864 High Grove Ln #124
Santa Monica, US
701 Santa Monica Blvd #310
Waltham, US
203 Crescent St #503
Show all (4)

Cars.com Financials and Metrics

Cars.com Revenue

Embed Graph
View revenue for all periods
Cars.com's revenue was reported to be $606.68 m in FY, 2019 which is a 8.4% decrease from the previous period.
USD

Revenue (Q2, 2020)

102.0m

Net income (Q2, 2020)

(24.6m)

EBIT (Q2, 2020)

(17.2m)

Market capitalization (29-Oct-2020)

516.1m

Closing stock price (29-Oct-2020)

7.7

Cash (30-Jun-2020)

56.9m

EV

1.1b
Cars.com's current market capitalization is $516.1 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

626.3m662.1m606.7m

Revenue growth, %

(1%)6%(8%)

Cost of goods sold

139.7m166.3m162.4k

Gross profit

486.6m495.8m606.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

160.0m168.5m169.3m154.2m148.2m152.1m148.1m102.0m

Cost of goods sold

41.4m40.8m40.0m43.4m39.7m40.0m

Gross profit

118.5m127.8m129.4m110.8m108.5m112.1m

Gross profit Margin, %

74%76%76%72%73%74%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

20.6m25.5m13.5m

Accounts Receivable

100.9m108.9m101.8m

Prepaid Expenses

11.4m9.3m6.5m

Current Assets

142.6m153.9m122.4m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

11.5m18.4m17.8m28.3m9.5m19.8m187.3m56.9m

Accounts Receivable

108.3m105.2m107.7m95.6m95.2m101.8m95.1m74.6m

Prepaid Expenses

17.4m13.8m11.7m7.4m7.9m7.6m8.1m7.1m

Current Assets

148.0m147.9m146.7m140.9m112.8m129.6m291.3m141.5m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

224.4m38.8m(445.3m)

Depreciation and Amortization

88.6m103.8m116.9m

Accounts Payable

(432.0k)2.5m874.0k

Cash From Operating Activities

185.9m163.5m101.5m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

929.0k13.7m29.5m(9.0m)(15.1m)(441.2m)(787.4m)(812.1m)

Depreciation and Amortization

23.9m50.7m77.2m28.1m57.8m86.8m31.0m62.2m

Accounts Payable

518.0k(1.5m)(2.4m)574.0k1.9m(5.4m)5.1m2.0m

Cash From Operating Activities

26.7m70.6m121.1m38.4m50.8m80.6m28.9m57.6m
USDFY, 2017

EV/EBIT

19.5 x

EV/CFO

14.1 x

Revenue/Employee

569.3k

Debt/Equity

0.3 x

Debt/Assets

0.2 x

Financial Leverage

1.5 x

P/E Ratio

9.2
Show all financial metrics

Cars.com Acquisitions / Subsidiaries

Company NameDateDeal Size
Dealer InspireFebruary 14, 2018
Launch Digital MarketingFebruary 14, 2018
DealerRaterJuly 26, 2016
PickupTrucks.comMay 06, 2008
Cars.com Holdings, Inc.
Cars.com Holdings, LLC
Cars.com, LLC
Dealer Inspire Inc.
Dealer Inspire Solutions Canada Inc.
DealerRater Canada, LLC
Show more

Cars.com Cybersecurity Score

Cybersecurity ratingPremium dataset

C

72/100

SecurityScorecard logo

Cars.com Revenue Breakdown

Embed Graph

Cars.com revenue breakdown by business segment: 5.7% from Wholesale and 94.3% from Retail

Cars.com Online and Social Media Presence

Embed Graph

Cars.com News and Updates

Thinking about buying stock in Cars.com, Sunworks, Lineage Cell Therapeutics, American Airlines, or Royal Caribbean Cruises?

NEW YORK, Oct. 15, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CARS, SUNW, LCTX, AAL, and RCL. To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link....

The 2020 Election and Auto: Cars.com Compares Each Presidential Candidate's Automotive Policies

CHICAGO, Oct. 1, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS) is a leading digital automotive marketplace and solutions provider. The Cars.com team of experts explored the differences in each candidate's platforms and looked into major impacts the upcoming election will have on the...

Car Shoppers Put Pedal to the Metal Labor Day Weekend: 51% Ready to Buy, Even More Hit The Road for Holiday Travel, According to Cars.com

CHICAGO, Aug. 31, 2020 /PRNewswire/ -- The latest research from Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, found that 60% of Americans plan to travel this Labor Day weekend,1 nearly double the amount compared to Memorial Day (34%),2 and 88% are...

Chrysler Pacifica Makes the Grade as a Cars.com Top-five Family-friendly Vehicle for New School Year

AUBURN HILLS, Mich., Aug. 24, 2020 /PRNewswire/ -- Chrysler Pacifica earns a spot on the Cars.com list of top-five vehicles for getting kids to school this year Cars.com honor is the newest in a number of recent awards that acknowledge Pacifica's family friendliness Pacifica earns kudos...

Bye-Bye Bus, Hello Minivan: Cars Overtake School Buses as the Primary Mode of Back-to-School Transport, a Cars.com Survey Reveals

CHICAGO, Aug. 13, 2020 /PRNewswire/ -- Cars.com (NYSE: CARS), a leading digital automotive marketplace and solutions provider, shares new data revealing parents' decisions on safe back-to-school transportation this year. While 39% of parents say they will send their kids back for an...

Cars.com Could Be A Good Investment Now

If you are an investor in Cars.com Inc, there are three things you should care about: (1) Why has the stock dropped a massive 53% this year (as of July 14, 2020)? (2) Can it recover from here? (3) Does the company have enough liquidity to fund its operations? Let’s start with the stock price...
Show more

Cars.com Blogs

2021 Genesis G80 Review: Nipping at the Germans’ Heels

2021 Genesis G80 Review: Nipping at the Germans’ Heels

2021 Ford Edge Adds Technology, Standard 12-Inch Touchscreen

2021 Ford Edge Adds Technology, Standard 12-Inch Touchscreen

10 Biggest News Stories of the Week: Honda Accord Makes Chevrolet Corvette Eat Its Dust

10 Biggest News Stories of the Week: Honda Accord Makes Chevrolet Corvette Eat Its Dust

218,000 Volkswagen Jettas Recalled for Possible Fuel Leak

218,000 Volkswagen Jettas Recalled for Possible Fuel Leak

2021 Genesis GV80 Review: Korea Crafts a Global Contender

2021 Genesis GV80 Review: Korea Crafts a Global Contender

2021 Nissan Rogue Review: More Steps Forward Than Backward

2021 Nissan Rogue Review: More Steps Forward Than Backward
Show more

Cars.com Frequently Asked Questions

  • When was Cars.com founded?

    Cars.com was founded in 1998.

  • Who are Cars.com key executives?

    Cars.com's key executives are Alex Vetter, Scott Forbes and Doug Miller.

  • How many employees does Cars.com have?

    Cars.com has 1,500 employees.

  • What is Cars.com revenue?

    Latest Cars.com annual revenue is $606.7 m.

  • What is Cars.com revenue per employee?

    Latest Cars.com revenue per employee is $404.5 k.

  • Who are Cars.com competitors?

    Competitors of Cars.com include NADAguides, Edmunds and Autotrader.

  • Where is Cars.com headquarters?

    Cars.com headquarters is located at 300 S Riverside Plaza #1000, Chicago.

  • Where are Cars.com offices?

    Cars.com has offices in Chicago, Naperville, Santa Monica and Waltham.

  • How many offices does Cars.com have?

    Cars.com has 4 offices.