• Carvana average ebitda margin for 2015-12-31 was 0%, a 0% decline from 2016-03-31.
• Carvana average ebitda margin for 2016-03-31 was 0%, a 0% decline from 2016-06-30.
• Carvana average ebitda margin for 2016-06-30 was 0%, a 0% decline from 2016-09-30.

Ebitda margin can be defined as earnings before interest, taxes, depreciation and amortization as a portion of total revenue.