Is CVNA or PDD cheaper?

On trailing earnings, PDD is cheaper: CVNA trades at a 33.20 P/E and PDD at 7.93.

Which has grown faster, CVNA or PDD?

Over the past five years, PDD grew revenue faster — CVNA at a 27.32% CAGR versus PDD at 40.98%.

Is CVNA or PDD more profitable?

PDD runs the higher net margin — CVNA at 7.09% versus PDD at 21.53%.

Which has been the better investment, CVNA or PDD?

Over the past 5-year, CVNA delivered the higher annualized total return — CVNA at 1.98% versus PDD at -10.50%. Past performance doesn't predict future results.

Carvana Co. (CVNA) vs PDD Holdings Inc. (PDD)

PDD leads on 9 of 11 compared metrics.

A side-by-side comparison of Carvana Co. and PDD Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

CVNA

Carvana Co.

$72.62B

$66.20Consumer Cyclical

PDD

PDD Holdings Inc.

$104.33B

$73.30Consumer Cyclical

Total return — CVNA vs PDD

growth of $100 · last 8y

CVNA +629.9%PDD +174.5%CVNA compounded faster

CVNA PDD

CVNA vs PDD: by the numbers

•PDD is the larger company ($104.33B vs $72.62B market cap).
•PDD trades at the lower earnings multiple (7.93 vs 33.20 P/E).
•PDD converts more revenue to profit (21.53% vs 7.09% net margin).
•PDD grew revenue faster over the past five years (40.98% vs 27.32% CAGR).

Which is better, CVNA or PDD?

Metric tally: CVNA 2 · PDD 9

It depends on what you're optimizing for:

ValuePDD(lower P/E)

GrowthPDD(faster 5Y revenue CAGR)

QualityPDD(higher ROIC)

Metrics side by side

Valuation

Metric	CVNA	PDD
P/E ratio	33.20	7.93●
Forward P/E	31.79	—
P/S ratio	2.18	1.73●
P/B ratio	13.18	1.77●
PEG ratio	0.08	—
EV / EBITDA	—	4.11
FCF yield	1.51%	13.77%●

Profitability

Metric	CVNA	PDD
Gross margin	19.97%	55.98%●
Operating margin	9.19%	22.17%●
Net margin	7.09%	21.53%●
ROE	42.90%●	22.09%
ROIC	-33.63%	18.11%●

Growth (annualized)

Metric	CVNA	PDD
Revenue CAGR (5Y)	27.32%	40.98%●
FCF CAGR (5Y)	—	28.98%
Total return CAGR (5Y)	1.98%●	-10.50%

Frequently asked

Which is better, CVNA or PDD?: It depends on your goal. value: PDD (lower P/E); growth: PDD (faster 5Y revenue CAGR); quality: PDD (higher ROIC). Across all compared metrics, PDD leads 9 to 2.
Is CVNA or PDD cheaper?: On trailing earnings, PDD is cheaper: CVNA trades at a 33.20 P/E and PDD at 7.93.
Which has grown faster, CVNA or PDD?: Over the past five years, PDD grew revenue faster — CVNA at a 27.32% CAGR versus PDD at 40.98%.
Is CVNA or PDD more profitable?: PDD runs the higher net margin — CVNA at 7.09% versus PDD at 21.53%.
Which has been the better investment, CVNA or PDD?: Over the past 5-year, CVNA delivered the higher annualized total return — CVNA at 1.98% versus PDD at -10.50%. Past performance doesn't predict future results.

Go deeper

Full CVNA analysis Full PDD analysis Interactive comparison tool

Dig into the metrics

Carvana P/E ratio PDD P/E ratio Carvana dividend yield PDD dividend yield Carvana ROE PDD ROE Carvana operating margin PDD operating margin Carvana revenue growth PDD revenue growth Carvana free cash flow PDD free cash flow

Carvana & PDD appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.