CarMax Key Executives

This section highlights CarMax's key executives, including their titles and compensation details.

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CarMax Earnings

This section highlights CarMax's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.

Next Earnings Date

Date: June 20, 2025
Time: Before Market
Est. EPS: $1.21
Status: Unconfirmed

Last Earnings Results

Date: April 10, 2025
EPS: $0.64
Est. EPS: $0.64
Revenue: $6.00B

Earnings Call Transcripts

Transcript Quarter Year Date Estimated EPS Actual EPS
Read Transcript Q4 2025 2025-04-10 $0.64 $0.64
Read Transcript Q3 2025 2024-12-19 $0.59 $0.81
Read Transcript Q2 2025 2024-09-26 $0.86 $0.85
Read Transcript Q1 2025 2024-06-21 $0.96 $0.97
Read Transcript Q4 2024 2024-04-11 $0.46 $0.32
Read Transcript Q3 2024 2023-12-21 $0.43 $0.52
Read Transcript Q2 2024 2023-09-28 $0.78 $0.75
Read Transcript Q1 2024 2023-06-23 $0.79 $1.16
Read Transcript Q4 2023 2023-04-11 $0.24 $0.44
Read Transcript Q3 2023 2022-12-22 $0.70 $0.24
Read Transcript Q2 2023 2022-09-29 $1.39 $0.79
Read Transcript Q1 2023 2022-06-24 $1.49 $1.56

Financial Statements

Access annual & quarterly financial statements for CarMax, including income statements, balance sheets, and cash flow statements..

Annual Income Statement

Breakdown February 28, 2025 February 29, 2024 February 28, 2023 February 28, 2022 February 28, 2021
Revenue $26.35B $26.54B $29.68B $31.90B $18.95B
Cost of Revenue $23.46B $23.82B $26.88B $28.61B $16.57B
Gross Profit $2.90B $2.71B $2.80B $3.29B $2.38B
Gross Profit Ratio 11.00% 10.22% 9.43% 10.31% 12.55%
Research and Development Expenses $- $- $13.22M $5.67M $-
General and Administrative Expenses $2.25B $2.02B $2.20B $2.00B $1.73B
Selling and Marketing Expenses $260.70M $264.40M $288.50M $325.90M $217.50M
Selling General and Administrative Expenses $2.51B $2.29B $2.49B $2.33B $1.90B
Other Expenses $-75.90M $- $545.45M $353.66M $8.28M
Operating Expenses $2.44B $2.29B $3.03B $2.68B $1.90B
Cost and Expenses $25.89B $26.11B $29.92B $31.29B $18.47B
Interest Income $1.85B $1.68B $1.44B $1.30B $562.81M
Interest Expense $107.94M $840.35M $430.70M $322.89M $86.18M
Depreciation and Amortization $255.32M $276.80M $265.22M $273.19M $242.16M
EBITDA $1.03B $1.04B $1.02B $1.83B $1.29B
EBITDA Ratio 3.92% 3.93% 3.44% 5.72% 6.78%
Operating Income $462.50M $942.20M $1.07B $1.82B $1.05B
Operating Income Ratio 1.75% 3.55% 3.60% 5.69% 5.55%
Total Other Income Expenses Net $206.86M $-300.61M $-326.22M $-271.48M $-272.26M
Income Before Tax $669.36M $641.60M $636.80M $1.49B $965.26M
Income Before Tax Ratio 2.54% 2.42% 2.15% 4.68% 5.09%
Income Tax Expense $168.80M $162.39M $152.04M $341.05M $218.34M
Net Income $500.56M $479.20M $484.76M $1.15B $746.92M
Net Income Ratio 1.90% 1.81% 1.63% 3.61% 3.94%
EPS $3.22 $3.03 $3.05 $7.09 $4.58
EPS Diluted $3.21 $3.02 $3.03 $6.97 $4.52
Weighted Average Shares Outstanding 155.33M 158.22M 158.80M 162.41M 163.18M
Weighted Average Shares Outstanding Diluted 156.06M 158.71M 159.77M 165.18M 165.13M
SEC Filing Source Source Source Source Source


Breakdown February 28, 2025 November 30, 2024 August 31, 2024 May 31, 2024 February 29, 2024 November 30, 2023 August 31, 2023 May 31, 2023 February 28, 2023 November 30, 2022 August 31, 2022 May 31, 2022 February 28, 2022 November 30, 2021 August 31, 2021 May 31, 2021 February 28, 2021 November 30, 2020 August 31, 2020 May 31, 2020
Revenue $6.00B $6.22B $7.01B $7.11B $5.63B $6.15B $7.07B $7.69B $5.72B $6.51B $8.14B $9.31B $7.69B $8.53B $7.99B $7.70B $5.16B $5.18B $5.37B $3.23B
Cost of Revenue $5.34B $5.55B $6.25B $6.39B $5.11B $5.54B $6.38B $6.87B $5.11B $5.93B $7.41B $8.44B $6.98B $7.69B $7.17B $6.77B $4.52B $4.55B $4.62B $2.87B
Gross Profit $667.89M $677.65M $760.47M $725.83M $520.82M $612.86M $696.76M $817.39M $610.98M $576.69M $737.14M $875.39M $710.99M $836.56M $815.48M $924.51M $641.37M $631.43M $752.14M $354.18M
Gross Profit Ratio 11.13% 10.89% 10.84% 10.20% 9.26% 9.97% 9.85% 10.63% 10.68% 8.86% 9.05% 9.40% 9.25% 9.81% 10.21% 12.01% 12.42% 12.18% 14.00% 10.97%
Research and Development Expenses $- $- $- $- $52.90M $- $- $- $13.22M $- $- $- $5.67M $- $- $- $- $- $- $-
General and Administrative Expenses $557.70M $541.00M $547.56M $585.50M $534.90M $496.70M $519.40M $487.90M $514.80M $549.10M $599.00M $582.50M $528.60M $499.80M $489.30M $481.60M $494.20M $420.00M $439.70M $339.22M
Selling and Marketing Expenses $72.10M $53.80M $63.00M $71.70M $62.90M $63.30M $66.30M $71.90M $58.00M $58.70M $82.90M $88.90M $92.30M $76.10M $85.00M $72.50M $73.70M $58.80M $50.50M $34.50M
Selling General and Administrative Expenses $629.80M $594.80M $610.56M $638.58M $580.88M $560.00M $585.70M $559.80M $572.80M $607.80M $681.90M $671.40M $620.90M $575.90M $574.30M $554.10M $556.05M $478.80M $490.20M $373.72M
Other Expenses $137.64M $141.41M $- $-77.00M $-67.40M $886.00K $2.63M $139.32M $155.73M $147.08M $136.99M $117.25M $109.25M $8.09M $1.78M $25.58M $9.00M $887.00K $1.68M $-3.29M
Operating Expenses $767.44M $736.21M $610.56M $715.58M $648.28M $688.92M $734.32M $699.12M $728.53M $754.88M $818.89M $788.65M $730.15M $706.53M $662.59M $603.99M $556.05M $487.00M $516.20M $373.72M
Cost and Expenses $6.10B $6.28B $6.86B $7.10B $5.75B $6.22B $7.11B $7.57B $5.84B $6.68B $8.23B $9.22B $7.71B $8.40B $7.84B $7.38B $5.08B $5.04B $5.14B $3.25B
Interest Income $467.70M $449.00M $464.50M $452.50M $433.10M $426.90M $416.99M $400.50M $372.20M $365.40M $357.20M $346.70M $332.40M $330.00M $324.10M $241.73M $188.22M $288.50M $280.10M $50.95M
Interest Expense $218.14M $218.62M $240.02M $213.66M $205.33M $201.47M $183.59M $173.07M $138.93M $137.65M $95.25M $77.58M $75.65M $77.90M $83.01M $20.53M $20.29M $96.56M $103.77M $23.96M
Depreciation and Amortization $77.47M $75.37M $72.72M $69.24M $83.27M $66.56M $63.97M $63.00M $62.57M $64.75M $67.43M $70.47M $72.37M $71.52M $66.94M $62.36M $61.66M $61.53M $60.63M $58.34M
EBITDA $414.01M $460.46M $274.30M $307.66M $180.22M $207.49M $251.21M $340.19M $173.93M $233.69M $263.71M $437.95M $300.46M $421.09M $463.39M $624.64M $335.20M $390.61M $469.76M $49.46M
EBITDA Ratio 6.90% 7.40% 3.91% 4.33% 3.20% 3.37% 3.55% 4.43% 3.04% 3.59% 3.24% 4.70% 3.91% 4.94% 5.80% 8.11% 6.49% 7.53% 8.74% 1.53%
Operating Income $-99.55M $-58.56M $149.91M $10.25M $-127.46M $52.90M $111.07M $480.31M $221.56M $-178.19M $262.82M $414.18M $276.89M $433.86M $450.82M $587.86M $596.64M $329.96M $267.97M $28.12M
Operating Income Ratio -1.66% -0.94% 2.14% 0.14% -2.27% 0.86% 1.57% 6.25% 3.87% -2.74% 3.23% 4.45% 3.60% 5.09% 5.64% 7.64% 11.55% 6.36% 4.99% 0.87%
Total Other Income Expenses Net $217.96M $225.03M $27.94M $-93.65M $-34.16M $-91.00M $-87.77M $-173.07M $-66.14M $228.18M $-86.40M $-77.58M $-76.91M $-48.04M $-81.42M $-44.85M $-334.39M $-66.59M $-69.07M $-23.96M
Income Before Tax $118.40M $166.47M $177.84M $206.64M $65.51M $110.56M $158.29M $307.24M $82.63M $49.99M $167.57M $336.60M $201.25M $355.96M $367.81M $567.32M $262.25M $310.50M $388.34M $4.16M
Income Before Tax Ratio 1.97% 2.67% 2.54% 2.90% 1.16% 1.80% 2.24% 4.00% 1.44% 0.77% 2.06% 3.61% 2.62% 4.17% 4.60% 7.37% 5.08% 5.99% 7.23% 0.13%
Income Tax Expense $28.54M $41.03M $45.03M $54.20M $15.24M $28.55M $39.65M $78.94M $13.62M $12.41M $41.67M $84.34M $41.41M $86.52M $82.55M $130.57M $52.30M $75.20M $91.64M $-814.00K
Net Income $89.87M $125.44M $132.81M $152.44M $50.27M $82.00M $118.64M $228.30M $69.01M $37.58M $125.91M $252.26M $159.84M $269.44M $285.27M $436.76M $209.94M $235.30M $296.70M $4.98M
Net Income Ratio 1.50% 2.02% 1.89% 2.14% 0.89% 1.33% 1.68% 2.97% 1.21% 0.58% 1.55% 2.71% 2.08% 3.16% 3.57% 5.67% 4.07% 4.54% 5.52% 0.15%
EPS $0.58 $0.80 $0.85 $0.97 $0.32 $0.52 $0.75 $1.44 $0.44 $0.24 $0.79 $1.57 $0.98 $1.66 $1.75 $2.68 $1.29 $1.44 $1.82 $0.03
EPS Diluted $0.58 $0.81 $0.85 $0.97 $0.32 $0.52 $0.75 $1.44 $0.44 $0.24 $0.79 $1.56 $0.98 $1.63 $1.72 $2.63 $1.27 $1.42 $1.79 $0.03
Weighted Average Shares Outstanding 155.60M 155.87M 155.87M 157.16M 157.82M 158.45M 158.48M 158.12M 158.03M 158.00M 158.80M 160.30M 161.51M 162.01M 162.97M 163.15M 162.89M 163.73M 163.43M 162.67M
Weighted Average Shares Outstanding Diluted 155.66M 155.26M 156.53M 157.71M 158.23M 158.80M 159.24M 158.56M 158.47M 158.54M 160.22M 161.80M 163.87M 164.87M 165.64M 166.29M 165.60M 165.77M 165.62M 163.54M
SEC Filing Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source Source

Annual Balance Sheet

Breakdown February 28, 2025 February 29, 2024 February 28, 2023 February 28, 2022 February 28, 2021
Cash and Cash Equivalents $- $574.14M $314.76M $102.72M $132.32M
Short Term Investments $- $17.13B $- $- $-
Cash and Short Term Investments $246.96M $574.14M $314.76M $102.72M $132.32M
Net Receivables $188.73M $221.15M $298.78M $560.98M $239.07M
Inventory $3.93B $3.68B $3.73B $5.12B $3.16B
Other Current Assets $707.32M $753.23M $701.68M $761.02M $588.25M
Total Current Assets $5.08B $5.23B $5.04B $6.55B $4.12B
Property Plant Equipment Net $4.34B $4.19B $3.98B $3.75B $3.49B
Goodwill $141.26M $141.26M $141.26M $141.26M $653.00K
Intangible Assets $- $- $- $- $-
Goodwill and Intangible Assets $141.26M $141.26M $141.26M $141.26M $653.00K
Long Term Investments $- $137.30M $16.59B $15.50B $13.74B
Tax Assets $140.33M $- $80.74M $120.93M $164.26M
Other Non-Current Assets $17.71B $17.51B $354.09M $276.36M $32.70M
Total Non-Current Assets $22.33B $21.97B $21.14B $19.79B $17.42B
Other Assets $- $- $- $- $-
Total Assets $27.40B $27.20B $26.18B $26.34B $21.54B
Account Payables $977.85M $933.71M $826.59M $937.72M $799.33M
Short Term Debt $602.67M $854.61M $632.75M $576.47M $30.95M
Tax Payables $87.53M $- $- $- $218.00K
Deferred Revenue $- $- $80.74M $- $-
Other Current Liabilities $529.93M $523.97M $478.96M $533.27M $868.04M
Total Current Liabilities $2.20B $2.31B $1.94B $2.05B $1.70B
Long Term Debt $18.62B $18.46B $18.30B $18.70B $15.16B
Deferred Revenue Non-Current $- $- $-366.89M $-333.75M $-217.94M
Deferred Tax Liabilities Non-Current $- $- $366.89M $333.75M $217.94M
Other Non-Current Liabilities $343.94M $354.90M $332.38M $357.08M $314.75M
Total Non-Current Liabilities $18.96B $18.81B $18.63B $19.06B $15.48B
Other Liabilities $- $- $- $- $-
Total Liabilities $21.16B $21.12B $20.57B $21.10B $17.18B
Preferred Stock $- $- $- $- $-
Common Stock $76.66M $78.81M $79.04M $80.53M $81.59M
Retained Earnings $- $4.13B $3.72B $3.52B $2.89B
Accumulated Other Comprehensive Income Loss $3.08M $59.28M $97.87M $-46.42M $-118.69M
Other Total Stockholders Equity $811.56M $1.81B $1.71B $1.68B $1.51B
Total Stockholders Equity $891.30M $6.07B $5.61B $5.24B $4.36B
Total Equity $891.30M $6.07B $5.61B $5.24B $4.36B
Total Liabilities and Stockholders Equity $27.40B $27.20B $26.18B $26.34B $21.54B
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $27.40B $27.20B $26.18B $26.34B $21.54B
Total Investments $- $17.27B $16.59B $15.50B $13.74B
Total Debt $19.22B $19.53B $18.93B $19.27B $15.53B
Net Debt $18.98B $18.74B $18.62B $19.17B $15.39B


Balance Sheet Charts

Breakdown February 28, 2025 November 30, 2024 August 31, 2024 May 31, 2024 February 29, 2024 November 30, 2023 August 31, 2023 May 31, 2023 February 28, 2023 November 30, 2022 August 31, 2022 May 31, 2022 February 28, 2022 November 30, 2021 August 31, 2021 May 31, 2021 February 28, 2021 November 30, 2020 August 31, 2020 May 31, 2020
Cash and Cash Equivalents $246.96M $271.91M $524.67M $755.34M $1.08B $605.38M $521.10M $264.25M $314.76M $688.62M $56.77M $95.31M $102.72M $62.60M $58.09M $377.95M $132.32M $236.64M $711.56M $658.02M
Short Term Investments $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Cash and Short Term Investments $246.96M $271.91M $524.67M $755.34M $1.08B $605.38M $521.10M $264.25M $314.76M $688.62M $56.77M $95.31M $102.72M $62.60M $58.09M $377.95M $132.32M $236.64M $711.56M $658.02M
Net Receivables $188.73M $213.59M $228.11M $212.37M $221.15M $212.41M $271.87M $321.99M $298.78M $246.79M $402.45M $610.59M $560.98M $563.13M $517.26M $413.22M $239.07M $168.98M $203.16M $145.02M
Inventory $3.93B $3.67B $3.40B $3.77B $3.68B $3.64B $3.84B $4.08B $3.73B $3.41B $4.67B $4.69B $5.12B $4.66B $4.11B $3.25B $3.16B $2.78B $2.82B $1.90B
Other Current Assets $707.32M $667.97M $708.53M $229.71M $246.58M $653.22M $754.11M $696.21M $701.68M $633.67M $741.55M $720.98M $761.02M $669.88M $690.48M $650.58M $588.25M $551.27M $588.18M $581.26M
Total Current Assets $5.08B $4.82B $4.86B $4.97B $5.23B $5.11B $5.39B $5.36B $5.04B $4.98B $5.87B $6.12B $6.55B $5.96B $5.37B $4.69B $4.12B $3.74B $4.33B $3.28B
Property Plant Equipment Net $4.34B $4.30B $4.26B $4.24B $4.19B $4.16B $4.08B $4.04B $3.98B $3.90B $3.84B $3.79B $3.75B $3.72B $3.68B $3.53B $3.49B $3.48B $3.49B $3.51B
Goodwill $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $150.34M $- $653.00K $- $- $-
Intangible Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Goodwill and Intangible Assets $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $141.26M $150.34M $-14.30B $653.00K $- $- $-
Long Term Investments $- $- $- $17.43B $17.27B $17.08B $17.00B $16.74B $16.59B $- $16.12B $15.83B $15.50B $15.17B $14.66B $14.30B $152.90M $- $- $-
Tax Assets $140.33M $133.26M $126.88M $100.10M $426.69M $121.22M $111.92M $99.77M $80.74M $87.26M $93.06M $91.31M $120.93M $134.38M $117.29M $138.49M $164.26M $159.21M $133.75M $119.07M
Other Non-Current Assets $17.71B $17.90B $17.91B $359.20M $276.56M $561.85M $581.46M $571.50M $354.09M $16.82B $396.03M $369.67M $276.36M $458.12M $475.60M $14.47B $13.62B $13.55B $13.30B $13.06B
Total Non-Current Assets $22.33B $22.48B $22.44B $22.27B $22.30B $22.06B $21.91B $21.60B $21.14B $20.95B $20.60B $20.22B $19.79B $19.62B $19.08B $18.14B $17.42B $17.20B $16.92B $16.69B
Other Assets $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Assets $27.40B $27.30B $27.30B $27.24B $27.52B $27.17B $27.30B $26.96B $26.18B $25.94B $26.47B $26.34B $26.34B $25.58B $24.45B $22.83B $21.54B $20.93B $21.25B $19.97B
Account Payables $977.85M $985.89M $1.01B $911.35M $933.71M $762.59M $932.07M $967.42M $826.59M $802.78M $928.75M $1.07B $937.72M $936.56M $903.85M $1.06B $799.33M $570.17M $683.72M $390.16M
Short Term Debt $602.67M $585.04M $629.77M $57.53M $799.29M $815.70M $875.08M $55.13M $632.75M $638.07M $721.08M $676.85M $576.47M $589.19M $566.92M $30.84M $483.53M $476.86M $506.31M $470.77M
Tax Payables $87.53M $69.82M $34.06M $24.79M $- $10.58M $103.00K $49.19M $- $- $- $18.36M $- $518.00K $422.00K $96.62M $218.00K $18.32M $64.73M $-
Deferred Revenue $- $- $23.61M $24.79M $- $10.58M $103.00K $- $80.74M $- $93.06M $91.31M $120.93M $- $422.00K $96.62M $164.26M $18.32M $70.73M $-
Other Current Liabilities $529.93M $456.54M $483.92M $992.22M $579.29M $494.37M $513.14M $1.04B $478.96M $496.20M $482.36M $489.62M $533.27M $530.59M $487.77M $907.92M $415.46M $372.43M $344.19M $290.08M
Total Current Liabilities $2.20B $2.10B $2.16B $1.99B $2.31B $2.08B $2.32B $2.11B $1.94B $1.94B $2.13B $2.25B $2.05B $2.06B $1.96B $2.09B $1.70B $1.44B $1.60B $1.15B
Long Term Debt $18.62B $17.04B $18.58B $18.93B $18.46B $18.67B $18.60B $18.85B $18.46B $18.15B $18.56B $18.47B $18.84B $17.99B $17.17B $15.74B $15.16B $14.91B $15.86B $14.93B
Deferred Revenue Non-Current $- $- $- $- $694.97M $- $- $- $-366.89M $- $- $- $-333.75M $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $327.90M $- $- $- $366.89M $- $- $- $333.75M $- $- $- $- $- $- $-
Other Non-Current Liabilities $343.94M $1.95B $382.04M $159.79M $682.80M $372.81M $372.85M $170.90M $167.25M $364.53M $365.37M $219.52M $211.90M $419.89M $410.77M $300.09M $314.75M $454.52M $-193.44M $308.74M
Total Non-Current Liabilities $18.96B $18.99B $18.96B $19.09B $19.14B $19.05B $18.97B $19.03B $18.63B $18.51B $18.92B $18.69B $19.06B $18.41B $17.58B $16.04B $15.48B $15.37B $15.66B $15.24B
Other Liabilities $- $- $- $1 $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities $21.16B $21.09B $21.12B $21.08B $21.45B $21.13B $21.29B $21.14B $20.57B $20.45B $21.06B $20.94B $21.10B $20.47B $19.54B $18.13B $17.18B $16.80B $17.26B $16.39B
Preferred Stock $- $- $- $- $- $- $- $749.51M $- $- $- $- $- $- $- $- $- $- $- $-
Common Stock $76.66M $76.95M $77.67M $78.18M $78.81M $79.01M $79.33M $79.11M $79.04M $79.01M $79.02M $79.81M $80.53M $80.94M $81.23M $81.40M $81.59M $81.52M $82.08M $81.38M
Retained Earnings $4.27B $4.27B $4.24B $4.19B $4.13B $4.12B $4.07B $3.95B $3.72B $3.65B $3.62B $3.64B $3.52B $3.46B $3.29B $3.21B $2.89B $2.74B $2.60B $2.30B
Accumulated Other Comprehensive Income Loss $3.08M $14.83M $9.06M $61.68M $59.28M $60.67M $78.60M $61.33M $97.87M $57.42M $32.00M $5.89M $-46.42M $-100.30M $-112.34M $-115.75M $-118.69M $-152.92M $-160.43M $-165.41M
Other Total Stockholders Equity $1.89B $1.85B $1.86B $1.83B $1.81B $1.79B $1.78B $1.73B $1.71B $1.70B $1.68B $1.68B $1.68B $1.67B $1.65B $1.53B $1.51B $1.46B $1.46B $1.36B
Total Stockholders Equity $6.24B $6.21B $6.18B $6.17B $6.07B $6.04B $6.01B $5.82B $5.61B $5.49B $5.41B $5.40B $5.24B $5.11B $4.92B $4.70B $4.36B $4.13B $3.98B $3.58B
Total Equity $6.24B $6.21B $6.18B $6.17B $6.07B $6.04B $6.01B $5.82B $5.61B $5.49B $5.41B $5.40B $5.24B $5.11B $4.92B $4.70B $4.36B $4.13B $3.98B $3.58B
Total Liabilities and Stockholders Equity $27.40B $27.30B $27.30B $27.24B $27.52B $27.17B $27.30B $26.96B $26.18B $25.94B $26.47B $26.34B $26.34B $25.58B $24.45B $22.83B $21.54B $20.93B $21.25B $19.97B
Minority Interest $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Total Liabilities and Total Equity $27.40B $27.30B $27.30B $27.24B $27.52B $27.17B $27.30B $26.96B $26.18B $25.94B $26.47B $26.34B $26.34B $25.58B $24.45B $22.83B $21.54B $20.93B $21.25B $19.97B
Total Investments $- $- $17.41B $17.43B $17.27B $17.08B $17.00B $16.74B $16.59B $- $16.12B $15.83B $15.50B $15.17B $14.66B $14.30B $152.90M $- $- $-
Total Debt $19.22B $17.63B $19.21B $19.54B $19.53B $19.49B $19.48B $19.25B $18.93B $18.79B $19.28B $18.98B $19.27B $18.58B $17.74B $16.15B $15.53B $15.39B $15.73B $15.32B
Net Debt $18.98B $17.35B $18.68B $18.79B $18.45B $18.88B $18.96B $18.98B $18.62B $18.10B $19.22B $18.89B $19.17B $18.52B $17.68B $15.77B $15.39B $15.15B $15.02B $14.66B

Annual Cash Flow

Breakdown February 28, 2025 February 29, 2024 February 28, 2023 February 28, 2022 February 28, 2021
Net Income $500.56M $479.20M $484.76M $1.15B $746.92M
Depreciation and Amortization $294.80M $260.41M $265.22M $273.19M $242.16M
Deferred Income Tax $-23.72M $-4.80M $-6.55M $15.00M $-35.79M
Stock Based Compensation $134.71M $119.72M $85.59M $109.20M $121.90M
Change in Working Capital $- $-796.00M $34.38M $-4.34B $-638.96M
Accounts Receivables $32.42M $77.63M $262.20M $-288.19M $-43.51M
Inventory $-256.55M $48.07M $1.40B $-1.97B $-323.32M
Accounts Payables $- $- $-197.69M $175.11M $106.79M
Other Working Capital $- $-921.70M $-1.43B $-2.26B $-378.92M
Other Non Cash Items $-281.90M $400.08M $419.92M $237.48M $231.53M
Net Cash Provided by Operating Activities $624.44M $458.62M $1.28B $-2.55B $667.76M
Investments in Property Plant and Equipment $-467.94M $-465.31M $-422.71M $-308.53M $-164.54M
Acquisitions Net $- $- $5.19M $-229.26M $29.91M
Purchases of Investments $-10.74M $-6.19M $-12.53M $-24.61M $-3.73M
Sales Maturities of Investments $17.34M $3.15M $4.28M $38.41M $8.32M
Other Investing Activities $333.00K $1.35M $-3.06M $260.00K $1.85M
Net Cash Used for Investing Activities $-461.00M $-467.00M $-425.77M $-523.75M $-128.18M
Debt Repayment $-77.57M $378.74M $-393.34M $3.62B $-337.23M
Common Stock Issued $73.74M $44.77M $17.09M $79.81M $143.15M
Common Stock Repurchased $-428.45M $-94.09M $-333.93M $-576.48M $-229.94M
Dividends Paid $- $- $- $- $-
Other Financing Activities $-21.25M $-21.63M $- $-20.13M $-
Net Cash Used Provided by Financing Activities $-453.54M $307.79M $-710.18M $3.10B $-424.02M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $-290.10M $299.41M $147.39M $31.67M $115.56M
Cash at End of Period $960.31M $1.25B $951.00M $803.62M $771.95M
Cash at Beginning of Period $1.25B $951.00M $803.62M $771.95M $656.39M
Operating Cash Flow $624.44M $458.62M $1.28B $-2.55B $667.76M
Capital Expenditure $-467.94M $-465.31M $-422.71M $-308.53M $-164.54M
Free Cash Flow $156.50M $-6.69M $860.62M $-2.86B $503.22M

Cash Flow Charts

Breakdown February 28, 2025 November 30, 2024 August 31, 2024 May 31, 2024 February 29, 2024 November 30, 2023 August 31, 2023 May 31, 2023 February 28, 2023 November 30, 2022 August 31, 2022 May 31, 2022 February 28, 2022 November 30, 2021 August 31, 2021 May 31, 2021 February 28, 2021 November 30, 2020 August 31, 2020 May 31, 2020
Net Income $89.87M $125.44M $132.81M $152.44M $50.27M $82.00M $118.64M $228.30M $69.01M $37.58M $125.91M $252.26M $159.84M $269.44M $285.27M $436.76M $209.94M $235.30M $296.70M $4.98M
Depreciation and Amortization $77.47M $75.37M $72.72M $69.24M $83.27M $66.56M $63.97M $63.00M $62.57M $64.75M $67.43M $70.47M $72.37M $71.52M $66.94M $62.36M $61.66M $61.53M $60.63M $58.34M
Deferred Income Tax $-3.76M $-8.17M $-9.75M $-2.04M $23.49M $-3.44M $-17.72M $-7.13M $-4.37M $-2.98M $-10.76M $11.56M $-4.56M $-12.94M $7.75M $24.75M $-16.26M $-28.13M $-16.44M $25.04M
Stock Based Compensation $27.59M $24.42M $35.22M $48.10M $29.24M $21.03M $33.06M $36.38M $20.62M $17.96M $24.57M $22.44M $235.00K $36.18M $31.71M $41.07M $47.95M $11.15M $37.74M $25.06M
Change in Working Capital $-150.33M $-342.87M $251.70M $-493.55M $49.75M $-46.38M $-185.59M $-613.77M $-638.73M $959.66M $-365.87M $79.31M $-780.02M $-1.16B $-1.73B $-665.54M $-519.83M $-328.11M $-786.20M $995.19M
Accounts Receivables $114.44M $- $- $-328.92M $-10.26M $59.47M $49.35M $-22.44M $-51.99M $155.66M $208.13M $-49.60M $2.15M $-45.88M $-70.32M $-174.15M $-65.62M $34.18M $-58.14M $46.07M
Inventory $-269.46M $- $375.14M $-94.81M $-39.12M $200.34M $241.93M $-355.08M $-311.20M $1.26B $19.40M $433.48M $-465.11M $-554.02M $-856.61M $-91.69M $-389.53M $44.75M $-925.53M $946.99M
Accounts Payables $65.02M $- $- $-75.21M $178.88M $-192.93M $-106.71M $239.28M $-2.53M $-120.17M $-180.43M $105.44M $4.63M $54.93M $-200.24M $315.78M $230.88M $-149.00M $407.01M $-382.10M
Other Working Capital $-60.33M $-342.87M $-123.44M $-69.81M $-79.74M $-113.26M $-370.16M $-475.53M $-273.00M $-332.57M $-412.97M $-410.02M $-321.69M $-614.59M $-603.33M $-715.48M $-295.56M $-258.04M $-209.54M $384.23M
Other Non Cash Items $105.55M $102.46M $136.41M $718.43M $73.62M $90.33M $111.80M $107.94M $112.15M $105.51M $107.36M $94.90M $85.34M $98.03M $65.39M $-11.28M $15.90M $26.87M $47.80M $140.96M
Net Cash Provided by Operating Activities $146.38M $-23.35M $619.10M $-117.69M $309.64M $210.10M $124.17M $-185.28M $-378.75M $1.18B $-51.36M $530.95M $-466.81M $-697.32M $-1.27B $-111.88M $-200.63M $-21.39M $-359.78M $1.25B
Investments in Property Plant and Equipment $-127.62M $-127.20M $-109.21M $-103.91M $-109.86M $-145.28M $-73.45M $-136.72M $-103.22M $- $-109.66M $-94.81M $-81.63M $-89.06M $-78.69M $-59.15M $-40.58M $-31.95M $-29.13M $-62.87M
Acquisitions Net $- $-1.00K $- $1.00K $52.00K $145.28M $73.45M $1.17M $1.38M $- $84.00K $4.23M $14.00K $11.68M $-241.58M $617.00K $40.58M $31.95M $29.13M $62.87M
Purchases of Investments $-1.26M $-6.39M $-998.00K $-2.09M $-1.55M $-1.41M $-2.01M $-1.23M $-6.07M $-1.03M $-1.05M $-4.38M $-10.94M $-1.02M $-7.95M $-4.70M $-1.02M $-143.00K $-197.00K $-2.37M
Sales Maturities of Investments $15.62M $- $485.00K $136.00K $1.59M $1.16M $388.00K $17.00K $794.00K $994.00K $2.34M $150.00K $1.49M $25.96M $10.87M $86.00K $5.59M $1.36M $1.21M $168.00K
Other Investing Activities $180.00K $1.12M $129.00K $-1.96M $89.00K $-145.22M $-73.37M $-40.00K $-3.89M $-111.30M $1.38M $-4.23M $-9.43M $36.62M $260.00K $-4.00M $-10.67M $-30.93M $-28.30M $-62.87M
Net Cash Used for Investing Activities $-113.08M $-132.46M $-109.59M $-105.87M $-109.78M $-145.47M $-74.99M $-136.76M $-107.11M $-111.34M $-108.28M $-99.04M $-91.06M $-52.45M $-317.09M $-63.14M $-6.11M $-29.72M $-27.29M $-65.07M
Debt Repayment $16.06M $-6.56M $-79.00M $-8.07M $-170.01M $14.53M $221.08M $313.14M $119.15M $-492.61M $291.38M $-295.43M $699.62M $847.92M $1.48B $591.26M $138.20M $-346.33M $409.13M $-527.30M
Common Stock Issued $38.37M $- $22.09M $8.21M $16.34M $896.00K $26.55M $989.00K $3.59M $222.00K $9.84M $3.44M $3.50M $16.22M $38.50M $21.59M $48.85M $2.57M $90.02M $1.71M
Common Stock Repurchased $-98.87M $-116.28M $-106.45M $-106.85M $-49.80M $-40.14M $-212.00K $-3.93M $-118.00K $-8.65M $-162.19M $-162.97M $-100.53M $-120.45M $-221.66M $-133.84M $-71.31M $-104.47M $-11.00K $-54.14M
Dividends Paid $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Other Financing Activities $-4.39M $-3.88M $-7.32M $-5.67M $-6.06M $-4.93M $-7.04M $-3.61M $-5.79M $-3.75M $-6.30M $-1 $-5.66M $-4.93M $-5.64M $-3.91M $-5.50M $- $-5.43M $-
Net Cash Used Provided by Financing Activities $-48.83M $-121.64M $-170.68M $-112.38M $-209.53M $-29.65M $240.37M $306.60M $116.83M $-504.78M $132.73M $-454.96M $596.92M $738.77M $1.29B $475.11M $110.24M $-448.23M $493.71M $-579.74M
Effect of Forex Changes on Cash $- $- $- $- $1.51M $- $- $- $- $- $- $- $- $- $- $- $- $- $- $-
Net Change in Cash $-15.53M $-277.46M $338.83M $-325.45M $-8.15M $34.98M $289.54M $-15.45M $-369.03M $566.37M $-26.91M $-23.04M $39.06M $-11.01M $-296.46M $300.08M $-96.50M $-499.34M $106.64M $604.75M
Cash at End of Period $960.31M $975.84M $1.25B $755.34M $1.08B $1.26B $1.23B $935.55M $951.00M $1.32B $753.66M $780.58M $803.62M $764.56M $775.57M $1.07B $771.95M $868.44M $1.37B $1.26B
Cash at Beginning of Period $975.84M $1.25B $914.47M $1.08B $1.09B $1.23B $935.55M $951.00M $1.32B $753.66M $780.58M $803.62M $764.56M $775.57M $1.07B $771.95M $868.44M $1.37B $1.26B $656.39M
Operating Cash Flow $146.38M $-23.35M $619.10M $-117.69M $309.64M $210.10M $124.17M $-185.28M $-378.75M $1.18B $-51.36M $530.95M $-466.81M $-697.32M $-1.27B $-111.88M $-200.63M $-21.39M $-359.78M $1.25B
Capital Expenditure $-127.62M $-127.20M $-109.21M $-103.91M $-109.86M $-145.28M $-73.45M $-136.72M $-103.22M $-115.02M $-109.66M $-94.81M $-81.63M $-89.06M $-78.69M $-59.15M $-40.58M $-31.95M $-29.13M $-62.87M
Free Cash Flow $18.76M $-150.55M $509.89M $-221.60M $199.77M $64.82M $50.72M $-322.00M $-481.97M $1.07B $-161.02M $436.14M $-548.44M $-786.39M $-1.35B $-171.03M $-241.21M $-53.34M $-388.91M $1.19B

CarMax, Inc. (KMX)

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

Consumer Cyclical Auto - Dealerships

$64.86

Stock Price

$9.90B

Market Cap

-

Employees

Richmond, VA

Location

Revenue (FY 2025)

$26.35B

-0.7% YoY

Net Income (FY 2025)

$500.56M

4.5% YoY

EPS (FY 2025)

$3.21

6.3% YoY

Free Cash Flow (FY 2025)

$156.50M

2439.3% YoY

Profitability

Gross Margin

11.0%

Net Margin

1.9%

ROE

56.2%

ROA

1.8%

Valuation

P/E Ratio

25.75

P/S Ratio

0.49

EV/EBITDA

31.10

Market Cap

$9.90B

Revenue & Net Income

Profit Margins

Cash Flow Summary

Operating Cash Flow

$624.44M

36.2% YoY

Free Cash Flow

$156.50M

2439.3% YoY

Balance Sheet Summary

Total Assets

$27.40B

0.8% YoY

Total Debt

$19.22B

1.6% YoY

Shareholder Equity

$891.30M

4.7% YoY

Dividend Overview

No Dividend Data

CarMax, Inc. doesn't currently pay dividends.

CarMax Dividends

Explore CarMax's dividend history, including dividend yield, payout ratio, and historical payments.

CarMax does not currently pay a dividend.

CarMax News

Read the latest news about CarMax, including recent articles, headlines, and updates.

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarMax, Inc. - KMX

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com  or 646-581-9980, ext.

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Bronstein, Gewirtz & Grossman, LLC Is Investigating CarMax, Inc. (KMX) And Encourages Shareholders to Connect

NEW YORK, NY / ACCESS Newswire / April 29, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against CarMax, Inc. (KMX) And Encourages Shareholders to Reach Out

NEW YORK, NY / ACCESS Newswire / April 28, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CarMax, Inc. - KMX

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com  or 646-581-9980, ext. 7980.

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Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against CarMax, Inc. (KMX) and Encourages Investors to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / April 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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CarMax, Inc. (KMX) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK, NY / ACCESS Newswire / April 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Kyndryl Holdings, Inc. - KD

NEW YORK, NY / ACCESS Newswire / April 24, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Kyndryl Holdings, Inc. ("Kyndryl" or the "Company") (NYSE:KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext.

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Levi & Korsinsky Investigates Possible Securities Fraud Violations by CarMax, Inc. (KMX)

NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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Bronstein, Gewirtz & Grossman, LLC Is Investigating CarMax, Inc. (KMX) And Encourages Investors to Connect

NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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ATTENTION CarMax, Inc. Investors: You May Have Been Affected by Fraud - Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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CarMax, Inc. Investigated Regarding Potential Securities Law Violations - Contact Levi & Korsinsky for Details - KMX

NEW YORK, NY / ACCESS Newswire / April 22, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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CarMax, Gotham FC Extend Mission-Driven Partnership, Driving Growth and Impact

CarMax continues as Gotham FC's marquee front-of-kit partner with strategic investments to support the club's marketing efforts, enhance fan experiences, and deepen community engagement through youth clinics CarMax continues as Gotham FC's marquee front-of-kit partner with strategic investments to support the club's marketing efforts, enhance fan experiences, and deepen community engagement through youth clinics

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KMX ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of CarMax, Inc. Shareholders Who Lost Money

NEW YORK, NY / ACCESS Newswire / April 22, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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Bronstein, Gewirtz & Grossman, LLC Encourages CarMax, Inc. (KMX) Stockholders to Inquire about Securities Investigation

NEW YORK, NY / ACCESS Newswire / April 22, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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From Trade-Ins to Top Picks: CarMax Reveals Used EV Shopping Trends

RICHMOND, VA, April 22, 2025 (GLOBE NEWSWIRE) -- CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, has released its latest findings on consumer trends in used electric vehicle (EV) shopping. CarMax pricing data and carmax.com data were gathered to reveal insights into consumer interest, popular models, trade-ins, and regional preferences.

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Jim Cramer: Simon Property Is A 'Terrific' Company, Says Don't Sell CarMax

On CNBC's “Mad Money Lightning Round,” Jim Cramer recommended buying Simon Property Group, Inc. SPG calling it a “terrific” company.

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of CarMax, Inc. – KMX

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of CarMax, Inc. (“CarMax” or the “Company”) (NYSE: KMX). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

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Lost Money on CarMax, Inc. (KMX)? Contact Levi & Korsinsky Regarding an Ongoing Investigation

NEW YORK, NY / ACCESS Newswire / April 21, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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ATTENTION CarMax, Inc. Investors: You May Have Been Affected by Fraud- Contact Levi & Korsinsky to Discuss Your Rights

NEW YORK, NY / ACCESS Newswire / April 20, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of CarMax, Inc. ("CarMax, Inc.") (NYSE:KMX) concerning possible violations of federal securities laws. On April 10, 2025, CarMax released its Q4 and full year financial results.

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Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against CarMax, Inc. (KMX) And Encourages Investors to Reach Out

NEW YORK, NY / ACCESS Newswire / April 20, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of CarMax, Inc. ("CarMax" or "the Company") (NYSE:KMX). Investors who purchased CarMax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/KMX.

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