Catenaa, Saturday, December 06, 2025- CRH PLC, Carvana, and Comfort Systems USA were selected for inclusion in the S&P 500, and the companies will join the benchmark in a quarterly rebalance at the end of December.
S&P Dow Jones Indices said on Friday that the trio will replace LKQ Corp, Solstice Advanced Materials and Mohawk Industries before the start of trading on December 22.
Shares of used car retailer Carvana and building-materials company CRH both jumped more than 7% in post-market trading. Heating and ventilation company Comfort Systems USA rose about 2%.
It’s a milestone for Tempe, Arizona-based Carvana, which has jumped to around $400 per share currently from a 2022 low of less than $4, a 10,000% gain, as its efforts to cut costs and restructure debt have helped boost earnings. The company said it sold a record of about 156,000 vehicles in the most recent quarter.
The growth of passive investing has elevated the importance of inclusion in the US equity gauge for companies, as funds that track the index boost demand for shares.
Companies must have a market capitalization of at least $22.7 billion and meet profitability, liquidity, and share-float standards to qualify for the S&P 500, per guidelines.
Expulsion from the benchmark can weigh on stock prices, as index funds sell shares to realign with the S&P 500’s new composition.
Bloomberg Intelligence analysts Wendy Soong and James Seyffart, in a note earlier this week, predicted that Carvana, CRH, and Comfort Systems were good candidates for addition.
Following Friday’s announcement, Soong said that Carvana adds sector diversification and matches the inclusion criteria. Its shares have risen nearly 100% so far this year.
