CBL vs. CVNA
CBL (CBL & Associates Properties, Inc.) and CVNA (Carvana Co.) are both stocks. Over the past 3 years, CBL returned 46.71%/yr vs 97.00%/yr for CVNA. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
CBL vs. CVNA - Performance Comparison
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Returns By Period
In the year-to-date period, CBL achieves a 57.62% return, which is significantly higher than CVNA's -17.68% return.
CBL
- 1D
- 0.19%
- 1M
- 7.13%
- 6M
- 63.55%
- YTD
- 57.62%
- 1Y
- 114.58%
- 3Y*
- 46.71%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 26.53%
CVNA
- 1D
- 2.13%
- 1M
- -1.28%
- 6M
- -11.61%
- YTD
- -17.68%
- 1Y
- -0.95%
- 3Y*
- 97.00%
- 5Y*
- 0.10%
- 10Y*
- —
- ALL TIME*
- 41.96%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $17.39M | $16.32M | $15.52M | |
CVNA Carvana Co. | $811.04M | $690.21M | $716.22M |
CBL vs. CVNA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
CBL CBL & Associates Properties, Inc. | 57.62% | 37.21% | 28.52% | 12.96% | -17.96% | 18.86% |
CVNA Carvana Co. | -17.68% | 107.52% | 284.13% | 1,016.88% | -97.96% | -23.23% |
Correlation
The correlation between CBL and CVNA is 0.11, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.11 |
Correlation (3Y) Balances recent behavior with more history. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2021 | 0.22 |
The correlation between CBL and CVNA shifts across timeframes, from 0.11 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CBL:
$1.75B
CVNA:
$76.20B
CBL:
$5.56
CVNA:
$2.06
CBL:
10.19
CVNA:
33.66
CBL:
0.04
CVNA:
0.15
CBL:
3.02
CVNA:
2.31
CBL:
4.37
CVNA:
12.76
CBL:
$582.57M
CVNA:
$25.06B
CBL:
$139.43M
CVNA:
$4.85B
CBL:
$413.31M
CVNA:
$73.00M
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Return for Risk
CBL vs. CVNA — Risk / Return Rank
CBL
CVNA
CBL vs. CVNA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CBL & Associates Properties, Inc. (CBL) and Carvana Co. (CVNA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CBL | CVNA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.13 | ||
| Sortino ratioReturn per unit of downside risk | +4.48 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.05 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 9.31 | -0.02 | +9.33 |
| Martin ratioReturn relative to average drawdown | 30.15 | -0.04 | +30.20 |
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Drawdowns
CBL vs. CVNA - Drawdown Comparison
The maximum CBL drawdown since its inception was -34.02%, smaller than the maximum CVNA drawdown of -98.99%. Use the drawdown chart below to compare losses from any high point for CBL and CVNA.
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Drawdown Indicators
| CBL | CVNA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.02% | -98.99% | +64.97% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -41.21% | +28.90% |
Max Drawdown (3Y)Largest decline over 3 years | -29.14% | -53.47% | +24.33% |
Max Drawdown (5Y)Largest decline over 5 years | — | -98.99% | — |
Current DrawdownCurrent decline from peak | -5.63% | -27.39% | +21.76% |
Average DrawdownAverage peak-to-trough decline | -12.11% | -38.12% | +26.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.80% | 21.92% | -18.12% |
Volatility
CBL vs. CVNA - Volatility Comparison
The current volatility for CBL & Associates Properties, Inc. (CBL) is 8.26%, while Carvana Co. (CVNA) has a volatility of 18.10%. This indicates that CBL experiences smaller price fluctuations and is considered to be less risky than CVNA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBL | CVNA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 18.10% | -9.84% |
Volatility (6M)Calculated over the trailing 6-month period | 21.05% | 43.29% | -22.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.12% | 60.46% | -32.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.34% | 111.71% | -79.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.34% | 98.89% | -66.55% |
Dividends
CBL vs. CVNA - Dividend Comparison
CBL's dividend yield for the trailing twelve months is around 3.79%, while CVNA has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CBL CBL & Associates Properties, Inc. | 3.79% | 6.76% | 5.44% | 6.14% | 12.78% |
CVNA Carvana Co. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CBL vs. CVNA - Financials Comparison
This section allows you to compare key financial metrics between CBL & Associates Properties, Inc. and Carvana Co.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CBL vs. CVNA - Profitability Comparison
CBL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, CBL & Associates Properties, Inc. reported a gross profit of 91.34M and revenue of 145.97M. Therefore, the gross margin over that period was 62.6%.
CVNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Carvana Co. reported a gross profit of 1.38B and revenue of 7.38B. Therefore, the gross margin over that period was 18.8%.
CBL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, CBL & Associates Properties, Inc. reported an operating income of 72.75M and revenue of 145.97M, resulting in an operating margin of 49.8%.
CVNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Carvana Co. reported an operating income of 680.00M and revenue of 7.38B, resulting in an operating margin of 9.2%.
CBL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, CBL & Associates Properties, Inc. reported a net income of 45.40M and revenue of 145.97M, resulting in a net margin of 31.1%.
CVNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Carvana Co. reported a net income of 310.00M and revenue of 7.38B, resulting in a net margin of 4.2%.
Frequently Asked Questions
CBL and CVNA have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CVNA has higher volatility (18.10%) compared to CBL (8.26%). In terms of maximum drawdown, CBL dropped -34.02% vs CVNA's -98.99%.
CBL currently has the higher Sharpe Ratio (4.12 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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