CarMax
KMX
53.28
-2.01
-3.64%
CarMax
US · KMX
#1691 by market cap
Listed 1970
53.28
-2.01
-3.64%
Live - 5344 symbols - heartbeat 254s ago
· 2026-10-08 07:35
Pre-market
53.28
0.00%
After-hours
53.30
+0.04%
- Market cap
- 7.56B
- P/E (TTM)i
- 25.01
- P/Bi
- 1.20
- EPSi
- 1.68
- Div yieldi
- 0.00%
- 52W posi
- 66%
Reader sentiment
Are you bullish or bearish on KMX?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.50, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -1.79% YoY
Margins
- Gross margin
- 10.84%
- Operating margin
- -1.58%
- Net margin
- 0.96%
Key ratios & quality
- Enterprise valuei
- 25.52B
- Altman Z-Scorei
- 1.50
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18.17B | 20.32B | 18.95B | 31.90B | 29.68B | 26.54B | 26.35B | 25.88B |
| Gross profit | 2.48B | 2.72B | 2.38B | 3.29B | 2.80B | 2.71B | 2.90B | 2.81B |
| Selling & admin expenses | 1.77B | 1.79B | 1.75B | 2.38B | 2.55B | 2.35B | 2.51B | 2.53B |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 558.19M | 553.54M | 272.87M | 551.59M | -310.95M | -205.72M | -220.52M | -409.76M |
| Pretax profit | 1.11B | 1.16B | 965.26M | 1.49B | 636.80M | 641.60M | 669.36M | 383.43M |
| Tax | 270.39M | 272.55M | 218.34M | 341.05M | 152.04M | 162.39M | 168.80M | 136.14M |
| Net profit | 842.41M | 888.43M | 746.92M | 1.15B | 484.76M | 479.20M | 500.56M | 247.29M |
| Basic EPS | 5 | 5 | 5 | 7 | 3 | 3 | 3 | 2 |
| Diluted EPS | 4.79 | 5.33 | 4.52 | 6.97 | 3.03 | 3.02 | 3.21 | 1.68 |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Revenue | 7.55B | 6.59B | 5.79B | 5.95B | 8.01B | 7.88B |
| Gross profit | 893.62M | 717.67M | 590.05M | 605.26M | 854.41M | 799.46M |
| Selling & admin expenses | 679.60M | 621.60M | 581.40M | 691.70M | 653.40M | 647.20M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 42.28M | -117.82M | -133.70M | -249.73M | 31.70M | -35.74M |
| Pretax profit | 283.13M | 127.10M | 83.89M | -110.68M | 258.56M | 223.07M |
| Tax | 72.75M | 31.72M | 21.67M | 10.00M | 72.93M | 57.78M |
| Net profit | 210.38M | 95.38M | 62.22M | -120.68M | 185.63M | 165.29M |
| Basic EPS | 1 | 1 | 0 | -1 | 1 | 1 |
| Diluted EPS | 1.38 | 0.64 | 0.43 | -0.85 | 1.31 | 1.16 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 3.21B | 3.66B | 4.12B | 6.55B | 5.04B | 5.23B | 5.08B | 5.31B |
| Cash & ST investments | 46.94M | 58.21M | 132.32M | 102.72M | 314.76M | 574.14M | 246.96M | 122.83M |
| Inventory | 2.52B | 2.85B | 3.16B | 5.12B | 3.73B | 3.68B | 3.93B | 4.14B |
| Total assets | 18.72B | 21.08B | 21.54B | 26.34B | 26.18B | 27.20B | 27.40B | 26.37B |
| Total current liabilities | 1.31B | 1.53B | 1.70B | 2.05B | 1.94B | 2.31B | 2.20B | 2.41B |
| Short-term debt | 396.35M | 464.44M | 483.53M | 576.47M | 632.76M | 854.61M | 602.67M | 819.32M |
| Long-term debt | 13.78B | 14.94B | 14.62B | 18.18B | 17.78B | 17.96B | 18.14B | 17.26B |
| Total liabilities | 15,360,839,000.00 | 17,313,307,000.00 | 17,176,928,000.00 | 21,102,825,000.00 | 20,569,659,000.00 | 21,123,057,000.00 | 21,161,218,000.00 | 20,479,047,000.00 |
| Total equity | 3.36B | 3.77B | 4.36B | 5.24B | 5.61B | 6.07B | 6.24B | 5.89B |
| Retained earnings | 2.10B | 2.49B | 2.89B | 3.52B | 3.72B | 4.13B | 4.27B | 4.04B |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Total current assets | 5.45B | 5.54B | 4.20B | 5.31B | 5.83B | 5.11B |
| Cash & ST investments | 262.82M | 540.37M | 204.94M | 122.83M | 132.22M | 170.53M |
| Inventory | 3.62B | 3.15B | 3.13B | 4.14B | 4.06B | 3.85B |
| Total assets | 27.39B | 27.08B | 25.56B | 26.37B | 26.63B | 26.07B |
| Total current liabilities | 2.28B | 2.25B | 2.11B | 2.41B | 2.16B | 2.19B |
| Short-term debt | 808.44M | 855.82M | 796.65M | 819.32M | 628.30M | 646.35M |
| Long-term debt | 18.01B | 17.82B | 16.59B | 17.26B | 17.56B | 16.79B |
| Total liabilities | 21,099,496,000.00 | 20,879,122,000.00 | 19,497,821,000.00 | 20,479,047,000.00 | 20,508,313,000.00 | 19,763,823,000.00 |
| Total equity | 6.29B | 6.20B | 6.06B | 5.89B | 6.12B | 6.30B |
| Retained earnings | 4.32B | 4.27B | 4.20B | 4.04B | 4.23B | 4.39B |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 162.97M | -236.61M | 667.76M | -2.55B | 1.28B | 458.62M | 624.44M | 1.78B |
| Depreciation & amortization | 182.25M | 215.81M | 242.16M | 273.19M | 265.22M | 260.41M | 294.80M | 345.96M |
| Free cash flow | -141.67M | -568.50M | 503.22M | -2.86B | 860.62M | -6.69M | 156.50M | 1.24B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -846.60M | -443.35M | -86.79M | -496.67M | -316.84M | -49.32M | -354.71M | -634.44M |
| Ending cash balance | 595.38M | 656.39M | 771.95M | 803.62M | 951.00M | 1.25B | 960.31M | 862.85M |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| Operating cash flow | 299.54M | 785.49M | 1.25B | -554.27M | 17.59M | 882.93M |
| Depreciation & amortization | 79.78M | 83.93M | 88.48M | 93.76M | 92.90M | 95.20M |
| Free cash flow | 162.81M | 654.03M | 1.11B | -687.29M | -85.75M | 805.83M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -195.70M | -180.83M | -203.57M | -54.35M | -2.31M | -230.00K |
| Ending cash balance | 989.24M | 1.31B | 912.80M | 862.85M | 871.33M | 915.79M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 25.25 | 24.94 | 18.37 | 23.99 | 8.94 | 8.20 | 8.13 | 4.08 |
| ROA %i | 4.65 | 4.46 | 3.50 | 4.81 | 1.85 | 1.80 | 1.83 | 0.92 |
| ROIC %i | 2.25 | 2.05 | 0.87 | 1.80 | -1.16 | -0.82 | -0.92 | -1.55 |
| 5-year avg ROE %i | 21.16 | 22.45 | 22.01 | 22.64 | 20.29 | 16.88 | 13.52 | 10.67 |
| EBIT margin %i | 8.13 | 7.88 | 7.21 | 5.69 | 3.60 | 5.29 | 5.85 | 4.88 |
| FCF / sales %i | -- | -- | 2.66 | -- | 2.90 | -- | 0.59 | 4.80 |
| Current ratioi | 2.45 | 2.39 | 2.42 | 3.20 | 2.60 | 2.26 | 2.31 | 2.20 |
| Quick ratioi | 0.14 | 0.16 | 0.22 | 0.32 | 0.32 | 0.34 | 0.20 | 0.14 |
| Debt / assetsi | 75.72 | 75.18 | 72.08 | 73.18 | 72.31 | 71.00 | 70.14 | 70.33 |
| LT debt / equityi | 410.38 | 408.20 | 344.67 | 357.15 | 326.01 | 303.86 | 298.24 | 301.00 |
| Interest coveragei | 4.05 | 3.63 | 3.41 | 5.62 | 2.48 | 1.84 | 1.77 | 1.44 |
| Revenue CAGR (3Y) %i | 6.25 | 8.58 | 3.44 | 20.63 | 13.47 | 11.88 | -6.17 | -4.47 |
| Net income CAGR (3Y) %i | 10.56 | 12.32 | 3.99 | 10.97 | -18.29 | -13.75 | -24.24 | -20.10 |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | 13.03 |
| Line item | 2025-05 | 2025-08 | 2025-11 | 2026-02 | 2026-05 | 2026-08 |
|---|---|---|---|---|---|---|
| ROE %i | 8.97 | 8.42 | 7.46 | 4.08 | 3.59 | 4.68 |
| ROA %i | 2.04 | 1.92 | 1.73 | 0.92 | 0.82 | 1.10 |
| ROIC %i | -0.76 | -0.97 | -1.19 | -1.55 | -1.50 | -1.28 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 6.08 | 6.01 | 5.77 | 4.88 | 4.68 | 4.76 |
| FCF / sales %i | 2.02 | 2.60 | 7.51 | 4.80 | 3.77 | 4.15 |
| Current ratioi | 2.39 | 2.46 | 1.99 | 2.20 | 2.70 | 2.33 |
| Quick ratioi | 0.20 | 0.32 | 0.17 | 0.14 | 0.18 | 0.18 |
| Debt / assetsi | 70.42 | 70.67 | 69.81 | 70.33 | 70.01 | 68.56 |
| LT debt / equityi | 293.89 | 294.83 | 281.13 | 301.00 | 294.42 | 273.21 |
| Interest coveragei | 1.85 | 1.78 | 1.69 | 1.44 | 1.41 | 1.53 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
CarMax Sales Operations and CarMax Auto Finance (CAF)100.00%
Quote time 2026-10-08 07:35:20 · For reference only, not investment advice and not tailored to your situation.