YOLFTbeta
CarMax Inc

CarMax Inc

KMX · NYSE · Consumer Cyclical / Auto & Truck Dealerships

53.22USD+0.64 (+1.22%)

Price History

Full chart

Market Stats

Previous Close52.58
Open52.00
Day Range51.67 – 53.23
52-Week Range30.26 – 65.28
Volume2.21M
Market Cap8.12B
P/E (TTM)35.53
Forward P/E21.55
EPS1.61
Dividend Yield0.00%
Beta1.17
50-Day Avg59.42
200-Day Avg47.71

About

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; wholesale auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto & Truck Dealerships
  • CEOMr. Keith Barr
  • Employees28.00K
  • Headquarters12800 Tuckahoe Creek Parkway, Richmond, VA, United States, 23238, USA
  • Websitehttps://www.carmax.com

Leadership

  • Mr. Enrique N. Mayor-MoraExecutive VP, CFO & Principal Accounting Officer · b. 1969
  • Mr. Charles Joseph WilsonExecutive VP & COO · b. 1973
  • Ms. Diane Long Cafritz J.D.Executive VP, Chief Innovation & People Officer · b. 1971
  • Mr. Keith BarrCEO, President & Director · b. 1971
  • Mr. David L. LowensteinVice President of Investor Relations
  • Mr. John M. Stuckey IIISenior VP, General Counsel & Corporate Secretary · b. 1974
  • Craig CronheimSenior VP & Chief Human Resources Officer
  • Mr. Jon G. DanielsExecutive VP of CarMax Auto Finance · b. 1972
  • Mr. Darren C. NewberrySenior Vice President of Store & CEC Execution · b. 1969
  • Mike FarrisVP & COO of CarMax Auto Finance

Financials

Income Statement

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Revenue510.20M874.21M1.47B2.01B2.76B3.53B3.97B4.60B5.26B6.26B7.47B8.20B6.97B7.47B8.98B10.00B10.96B12.57B14.27B15.15B15.88B17.12B18.17B20.32B18.95B31.90B29.68B26.54B26.35B25.88B
Growth (%)-+71.35%+67.73%+37.42%+36.90%+28.10%+12.34%+15.81%+14.41%+19.00%+19.26%+9.83%-14.95%+7.12%+20.15%+11.45%+9.59%+14.70%+13.48%+6.17%+4.79%+7.84%+6.15%+11.81%-6.74%+68.34%-6.95%-10.61%-0.69%-1.79%
Cost of Revenue465.10M796.10M1.28B1.76B2.42B3.11B3.50B4.03B4.61B5.47B6.49B7.13B6.01B6.37B7.67B8.62B9.50B10.93B12.38B13.13B13.69B14.79B15.69B17.60B16.57B28.61B26.88B23.82B23.46B23.07B
Gross Profit45.10M78.11M182.30M255.61M341.22M419.39M468.24M570.89M650.20M790.71M971.06M1.07B968.17M1.10B1.30B1.38B1.46B1.65B1.89B2.02B2.18B2.33B2.48B2.72B2.38B3.29B2.80B2.71B2.90B2.81B
Gross Margin8.84%8.93%12.43%12.69%12.37%11.87%11.79%12.42%12.36%12.63%13.01%13.08%13.88%14.71%14.50%13.78%13.36%13.11%13.23%13.33%13.75%13.60%13.65%13.40%12.55%10.31%9.43%10.22%11.00%10.84%
Operating Expense54.80M132.40M214.40M243.44M298.78M334.46M392.42M468.37M546.58M651.99M776.17M858.37M901.22M818.69M878.80M940.80K1.03B1.16B1.26B1.35B1.49B1.62B1.92B2.17B2.11B2.74B3.11B2.92B3.12B3.22B
Operating Income-9.70M-54.29M-32.10M12.16M42.44M84.93M75.82M102.51M103.62M138.73M194.89M214.05M66.95M280.18M422.43M1.38B433.36M493.50M629.83M666.83M694.79M711.76M558.19M553.54M272.87M551.59M-310.95M-205.72M-220.52M-409.76M
Operating Margin-1.90%-6.21%-2.19%0.60%1.54%2.40%1.91%2.23%1.97%2.22%2.61%2.61%0.96%3.75%4.71%13.77%3.95%3.92%4.41%4.40%4.38%4.16%3.07%2.72%1.44%1.73%-1.05%-0.78%-0.84%-1.58%
EBITDA-8.00M-49.69M-22.10M27.41M60.71M101.37M90.77M118.82M123.76M165.42M229.44M348.64M157.63M514.28M719.21M783.44M828.99M930.07M1.11B1.18B1.23B1.31B1.66B1.82B1.61B2.09B1.33B1.67B1.84B1.61B
EBITDA Margin-1.57%-5.68%-1.51%1.36%2.20%2.87%2.29%2.58%2.35%2.64%3.07%4.25%2.26%6.88%8.01%7.83%7.56%7.40%7.77%7.81%7.76%7.68%9.14%8.95%8.48%6.55%4.49%6.28%6.96%6.22%
Net Income-9.30M-34.20M-23.50M1.12M45.56M90.80M94.80M116.45M112.93M148.06M198.60M182.03M59.21M281.67M377.50M413.80M434.28M492.59M597.36M623.43M626.97M664.11M842.41M888.43M746.92M1.15B484.76M479.20M500.56M247.29M
Net Income Margin-1.82%-3.91%-1.60%0.06%1.65%2.57%2.39%2.53%2.15%2.37%2.66%2.22%0.85%3.77%4.21%4.14%3.96%3.92%4.19%4.12%3.95%3.88%4.64%4.37%3.94%3.61%1.63%1.81%1.90%0.96%
R&D--------------000000000--5.67M13.22M52.90M--
R&D as % of Total Revenue--------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%--0.02%0.04%0.20%--
Interest Expense000000002.81M4.09M5.37M4.96M6.09M3.46M34.68M33.71M32.36M30.83M24.47M36.36M56.42M70.75M75.79M83.01M86.18M322.89M430.70M763.45M871.14M879.59M
Interest Expense % of Total Revenue0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.07%0.07%0.06%0.09%0.05%0.39%0.34%0.30%0.25%0.17%0.24%0.36%0.41%0.42%0.41%0.45%1.01%1.45%2.88%3.31%3.40%

Balance Sheet

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Total Assets427.20M448.30M571.20M675.50M710.95M720.22M917.62M1.04B1.29B1.51B1.89B2.33B2.38B2.56B6.84B8.33B9.89B11.71B13.20B14.48B16.28B17.49B18.72B21.08B21.54B26.34B26.18B27.20B27.40B26.37B
Total Liabilities35.40M88.40M230.80M330.51M319.45M234.74M363.05M356.26M492.04M529.51M638.20M844.24M786.12M622.61M4.55B5.66B6.87B8.39B10.04B11.58B13.17B14.17B15.36B17.31B17.18B21.10B20.57B21.12B21.16B20.48B
Total Equity391.80M359.90M340.40M344.99M391.50M485.48M554.57M680.75M800.98M980.10M1.25B1.49B1.59B1.93B2.29B2.67B3.02B3.32B3.16B2.90B3.11B3.32B3.36B3.77B4.36B5.24B5.61B6.07B6.24B5.89B
Cash170.40M26.40M17.70M9.98M8.80M3.29M34.62M61.64M29.10M21.76M19.45M12.96M140.60M18.28M41.12M442.66M449.36M627.90M27.61M37.39M38.42M44.52M46.94M58.21M132.32M102.72M314.76M574.14M246.96M122.83M
Total Debt-27.80M145.60M214.42M192.19M88.45M156.05M104.45M193.95M195.01M185.48M327.83M337.05M150.57M4.04B5.05B6.21B7.58B9.11B10.66B12.17B13.12B14.20B15.85B15.53B19.27B18.93B19.31B19.43B17.78B
Net Debt-170.40M1.40M127.90M204.44M183.39M85.16M121.44M42.80M164.85M173.25M166.02M314.87M196.45M132.29M4.00B4.61B5.76B6.96B9.08B10.62B12.13B13.07B14.16B15.79B15.39B19.17B18.62B18.74B19.18B17.66B

Cash Flow

Currency: USD1997-02-281998-02-281999-02-282000-02-292001-02-282002-02-282003-02-282004-02-292005-02-282006-02-282007-02-282008-02-292009-02-282010-02-282011-02-282012-02-292013-02-282014-02-282015-02-282016-02-292017-02-282018-02-282019-02-282020-02-292021-02-282022-02-282023-02-282024-02-292025-02-282026-02-28
Operating Cash Flow-25.40M-86.10M-82.00M-25.09M17.81M42.64M71.97M148.46M44.74M122.30M136.80M79.52M264.59M50.29M-17.20M-62.16M-778.44M-613.16M-968.13M-148.89M-468.14M-80.55M162.97M-236.61M667.76M-2.55B1.28B458.62M624.44M1.78B
Investing Cash Flow-122.10M-88.00M-40.50M-54.90M3.35M57.55M-80.41M-73.84M-141.08M-116.09M-187.19M-257.02M-155.35M-21.32M-72.21M-219.40M-255.27M-336.68M-360.74M-378.80M-465.57M-326.79M-308.51M-389.36M-128.18M-523.75M-425.77M-467.00M-461.00M-540.04M
Financing Cash Flow315.80M30.10M113.80M72.30M-22.33M-105.70M39.77M-47.59M63.80M-1.57M48.09M171.01M18.39M-151.29M112.25M683.10M1.04B1.13B728.58M537.48M934.73M413.45M186.02M686.98M-424.02M3.10B-710.18M307.79M-453.54M-1.34B
Capital Expenditure90.40M234.30M179.90M45.40M10.83M41.42M122.03M181.34M230.08M194.43M191.76M253.11M185.70M22.43M76.58M172.62M235.71M310.32M309.82M315.58M418.14M296.82M304.64M331.90M164.54M308.53M422.71M465.31M467.94M540.99M
Free Cash Flow-115.80M-320.40M-261.90M-70.49M6.97M1.22M-50.06M-32.87M-185.34M-72.14M-54.96M-173.59M78.89M23.39M-93.78M-234.78M-1.01B-923.48M-1.28B-464.48M-886.28M-377.37M-141.66M-568.50M503.22M-2.86B860.62M-6.69M156.50M1.24B
Dividends Paid------28.40M-------005.85B6.91B8.77B11.61B12.58B14.40B15.21B18.06B12.56B-----
FCF to OCF455.91%372.13%319.39%280.91%39.16%2.87%-69.57%-22.14%-414.31%-58.99%-40.18%-218.29%29.82%46.50%545.28%377.68%130.28%150.61%132.00%311.95%189.32%468.49%-86.93%240.27%75.36%112.10%67.06%-1.46%25.06%69.67%
Dividend Paid to FCF-------56.73%-------0.00%0.00%-576.88%-747.96%-686.12%-2499.70%-1419.89%-3816.50%-10735.19%-3177.29%2495.87%-----

Earnings

Report DateApr 4, 1997Jun 16, 1997Sep 16, 1997Dec 17, 1997Apr 6, 1998Jun 17, 1998Nov 10, 1998Dec 18, 1998Apr 6, 1999Jun 17, 1999Sep 16, 1999Dec 17, 1999Apr 6, 2000Aug 2, 2000Sep 18, 2000Dec 18, 2000Apr 2, 2001Jun 15, 2001Sep 19, 2001Dec 18, 2001Apr 2, 2002Jun 18, 2002Sep 18, 2002Dec 18, 2002Mar 31, 2003Jun 20, 2003Sep 22, 2003Dec 17, 2003Mar 30, 2004Jun 14, 2004Sep 20, 2004Dec 17, 2004Mar 30, 2005Jun 20, 2005Sep 21, 2005Dec 21, 2005Mar 30, 2006Jun 19, 2006Sep 20, 2006Dec 20, 2006Mar 29, 2007Jun 20, 2007Sep 19, 2007Dec 19, 2007Apr 2, 2008Jun 18, 2008Sep 22, 2008Dec 19, 2008Apr 2, 2009Jun 19, 2009Sep 22, 2009Dec 18, 2009Apr 1, 2010Jun 23, 2010Sep 22, 2010Dec 21, 2010Mar 31, 2011Jun 22, 2011Sep 22, 2011Dec 21, 2011Apr 5, 2012Jun 21, 2012Sep 20, 2012Dec 20, 2012Apr 10, 2013Jun 21, 2013Sep 24, 2013Dec 20, 2013Apr 4, 2014Jun 20, 2014Sep 23, 2014Dec 19, 2014Apr 2, 2015Jun 19, 2015Sep 22, 2015Dec 18, 2015Apr 7, 2016Jun 21, 2016Sep 21, 2016Dec 20, 2016Apr 6, 2017Jun 21, 2017Sep 22, 2017Dec 21, 2017Apr 4, 2018Jun 22, 2018Sep 26, 2018Dec 21, 2018Mar 29, 2019Jun 21, 2019Sep 24, 2019Dec 20, 2019Apr 2, 2020Jun 19, 2020Sep 24, 2020Dec 22, 2020Apr 1, 2021Jun 25, 2021Sep 30, 2021Dec 22, 2021Apr 12, 2022Jun 24, 2022Sep 29, 2022Dec 22, 2022Apr 11, 2023Jun 23, 2023Sep 28, 2023Dec 21, 2023Apr 11, 2024Jun 21, 2024Sep 26, 2024Dec 19, 2024Apr 9, 2025Jun 20, 2025Sep 25, 2025Dec 18, 2025Apr 14, 2026Jun 17, 2026Sep 29, 2026
EPS Estimate-0.02-0.01-0.01-0.04-0.09-0.02-0.01-0.04-0.05-0.01-0.02-0.010.070.080.030.040.130.130.080.090.150.140.090.090.170.180.080.100.150.140.090.140.180.180.100.190.190.210.130.230.350.330.170.160.220.100.010.010.030.180.140.250.330.390.330.380.470.510.380.400.530.520.390.460.580.560.480.530.660.670.540.580.850.760.680.710.920.880.700.790.970.950.810.871.241.221.001.031.491.331.161.130.041.111.131.261.641.891.441.251.481.400.670.240.790.780.410.490.950.860.600.661.171.050.310.210.940.68
EPS Actual0.000.00-0.01-0.04-0.11-0.01-0.01-0.04-0.050.020.02-0.01-0.010.070.080.040.040.130.130.090.090.140.160.090.090.170.190.090.100.170.140.090.140.190.200.130.190.270.250.210.190.300.290.140.100.130.140.060.170.110.360.330.330.440.480.360.380.550.490.360.410.520.480.410.460.640.620.470.440.760.640.600.670.860.820.630.740.900.880.720.811.130.980.810.781.331.241.091.131.591.401.041.30-0.151.791.421.272.631.721.630.981.560.790.240.441.440.750.520.320.970.850.810.581.380.640.510.341.31-
Surprise100.00%100.00%0.00%0.00%-22.22%50.00%0.00%0.00%0.00%-100.00%50.00%0.00%0.00%0.00%33.33%0.00%0.00%0.00%12.50%0.00%-6.67%14.29%0.00%0.00%0.00%5.56%12.50%0.00%13.33%0.00%0.00%0.00%5.56%11.11%30.00%0.00%42.11%19.05%61.54%-17.39%-14.29%-12.12%-17.65%-37.50%-40.91%40.00%500.00%1600.00%266.67%100.00%135.71%32.00%33.33%23.08%9.09%0.00%17.02%-3.92%-5.26%2.50%-1.89%-7.69%5.13%0.00%10.34%10.71%-2.08%-16.98%15.15%-4.48%11.11%15.52%1.18%7.89%-7.35%4.23%-2.17%0.00%2.86%2.53%16.49%3.16%0.00%-10.34%7.26%1.64%9.00%9.71%6.71%5.26%-10.34%15.04%-475.00%61.26%25.66%0.79%60.37%-8.99%13.19%-21.60%5.41%-43.57%-64.18%83.33%82.28%-3.85%26.83%-34.69%2.11%-1.16%35.00%-12.33%17.95%-39.05%64.52%61.90%38.77%-
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Key Statistics & Ratios

Market Cap8.12B
Enterprise Value26.66B
Trailing P/E35.53
Forward P/E21.55
PEG Ratio0.61
Price / Sales0.29
Price / Book1.32
EPS1.61
Book Value43.12
Revenue (TTM)28.20B
Gross Profit (TTM)3.33B
EBITDA1.03B
Profit Margin0.79%
Operating Margin3.43%
Return on Equity3.59%
Return on Assets1.56%
Shares Outstanding141.91M
Shares Float141.06M
Beta1.17
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Hold
Based on 20 analystsTarget 57.15
  • Strong Buy
    2
  • Hold
    14
  • Sell
    4

Ownership Breakdown

Institutions
105.13%
Insiders
0.47%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    17.26M12.16%
  • AQR Capital Management LLC
    10.06M7.09%
  • Vanguard Portfolio Management, LLC
    7.28M5.13%
  • Vanguard Capital Management, LLC
    6.39M4.50%
  • Starboard Value LP
    6.20M4.37%
  • SRS Investment Management, LLC
    5.92M4.17%
  • Two Sigma Investments LLC
    5.83M4.11%
  • Dimensional Fund Advisors, Inc.
    4.97M3.51%
  • State Street Corp
    4.89M3.44%
  • HHG PLC
    4.58M3.23%
  • PRIMECAP Management Company
    4.36M3.07%
  • Apollo Management Holdings LP
    4.14M2.92%
  • D. E. Shaw & Co LP
    3.28M2.31%
  • American Century Companies Inc
    3.25M2.29%
  • Baird Financial Group, Inc.
    3.07M2.16%
  • First Pacific Advisors, LP
    2.98M2.10%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    8.65M6.09%
  • Vanguard MStar Total Stk Mkt Idx Invest
    4.50M3.17%
  • Vanguard Small Cap Index
    3.26M2.30%
  • Janus Henderson Enterprise D
    3.16M2.22%

Stock Splits

  • Mar 27, 20072:1