Meridian
Universe

CARG · CIK 0001494259 · FY2025 live · 2025-12-31

CarGurus, Inc.

SafeSEC 10-KZ″Technology86th percentile in Technology · 395 names

View as

Model

Z″

FY2025

7.44

Zone

Safe

Prior

Market DD

1y PD

7.44

Classic Z 4.47

−21.12.68+

Z″ 7.44 · distress below 1.10, grey to 2.60, safe above.

Z″ factor contributions

  • X1 Working capital / assets

    Short-term liquidity. Carries more weight in Z″ than in classic Z.

    0.28
    6.56 × = 1.81
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.55
    3.26 × = 1.78
  • X3 EBIT / assets

    Operating return on assets. Highest weight in Z″.

    0.37
    6.72 × = 2.48
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Sales / assets is omitted so asset-light names are not punished for turnover.

    1.30
    1.05 × = 1.37

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings rather than invent a series.

Meridian Rank

92.09

0–100 · Z″ tape · not a PD

  • Book standing

    91

  • Year change

  • Market PD

  • O-score

    95

Events on this name

Same published rows as Today. Not a live recompute.

  • Approaching grey

    watch · 41

    • Live Z: — → 7.44
    • Cut: — → 1.10

Overview

rule-v1

CarGurus, Inc. is on Z″ at 7.44 (safe) for FY2025, from an SEC 10-K. EBIT / assets is the line that sets the print; working capital / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Z″ drops sales/assets so asset-light names are not punished for turnover. X4 is book equity on every name.

Book screen Safe; market PD —. Tape not priced — not a single default call.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Z″ scores · 86th percentile in Technology.

KPI widgets

Current assets

$283M

Total assets

$662M

Current liabilities

$101M

Total liabilities

$288M

Working capital

$182M

Retained earnings

$362M

EBIT

$244M

Total sales

$907M

Book equity

$374M

Accession 0001193125-26-059435. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Z″ is the live score. View as does not rewrite the live rank. X4 is book equity. Pulled 13 Sept 2026.