Revenue segments as reported by the company.

Used vehicle sales

Wholesale vehicle sales

Other sales and revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Finance Income

Selling, general, and administrative expenses

Depreciation and amortization

Interest expense

Other (income) expense

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

CarMax

CarMax, Inc. is a holding company, which engages in the retail of used vehicles and wholesale of vehicle auction operators. It operates through the CarMax Sales Operations and CarMax Auto Finance (CAF) segments. The CarMax Sales Operations segment consists of all aspects of its auto merchandising and service operations. The CAF segment pertains to its finance operation, which offers vehicle financing services to customers buying retail vehicles. The company was founded by Richard L. Sharp and William Austin Ligon in 1993 and is headquartered in Richmond, VA.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

CarMax Q1 2023: Sales Decline, Focus on Efficiency and Market Share

CarMax faces challenges in declining sales and customer conversion due to higher prices and affordability issues. However, the company is focused on leveraging expenses, delivering a customer-centric experience, and gaining market share. Despite the current environment, CarMax believes it is well positioned to emerge stronger and is investing in long-term capabilities.

CarMax (KMX) Q2 2023 Earnings: Sequential Improvement Amid Challenges

CarMax (KMX) reported a decline in total sales but demonstrated strengths in retail and wholesale GPU, customer-centric initiatives, and high self-sufficiency in sourcing inventory. The company faced challenges related to steep depreciation, limited vehicle availability, and pressure on compensation expenses. However, opportunities exist in increasing self-sufficiency, navigating supply challenges, and stabilizing depreciation.

CarMax (KMX) reports sequential improvements driven by omnichannel investments

CarMax (KMX) reports sequential year-over-year improvements in key business components, driven by omnichannel investments. While facing challenges related to inflationary pressures and bonus accruals, the company is focused on leveraging opportunities to improve efficiency and capitalize on increased customer traffic and market share growth.

CarMax adapts to industry challenges, eyes growth opportunities ahead

CarMax navigated challenges in the used auto industry by focusing on cost reductions, maintaining profitability, and adjusting strategies to market conditions.
Despite a decline in sales and earnings, the company remains committed to gaining profitable market share and enhancing operational efficiencies.
Opportunities lie in structural growth segments and market share expansion, while challenges persist in financial performance amid industry headwinds.

CarMax reports Q1 sales decline, focuses on affordability and growth

CarMax's Q1 performance reflected declines in sales and income, offset by improvements in service and cost efficiencies.
Despite challenges in CAF income and market dynamics, the company maintained strong credit approval rates and affordability focus.
Opportunities for growth include expanding used EV sales, optimizing merchandise mix, and leveraging AI technology for market share.
Overall, CarMax's strategic initiatives position it well to navigate challenges and capitalize on emerging opportunities in the automotive market.

CarMax reports resilient Q2 performance amidst challenges and growth opportunities

CarMax's Q2 performance showed resilience with sequential improvements in key metrics, reflecting operational strength and adaptability in a challenging environment.
While facing challenges such as decreased CAF income and affordability issues, CarMax's focus on efficiency, value maximization, and prudent risk management positions it well for future growth.
Opportunities lie in further enhancing inventory sourcing self-sufficiency, optimizing advertising strategies, and leveraging stabilized trends for sustained profitability and success.

CarMax reports Q3 growth amidst market challenges and expansion plans

CarMax's Q3 performance showcased improvements in key metrics, with a focus on efficiency and customer engagement through omnichannel investments.
While facing market challenges and fluctuating trends, the company remains agile in managing staffing levels and costs to drive profitability.
Opportunities lie in enhancing sales efficiency, expanding to new locations, and strategic advertising efforts to navigate market dynamics and drive growth.

CarMax reports solid Q4 performance amidst market challenges and opportunities

CarMax's Q4 performance showcased growth in used unit sales and operational improvements, despite challenges in net earnings and market dynamics.
The company's strengths in affordability focus, consumer demand alignment, and strategic tools position it for continued growth.
Challenges in lending standards, market share dynamics, and consumer sentiment require strategic responses for sustained success.
Opportunities in affordability enhancements, operational efficiency, and market expansion present avenues for future growth and performance optimization.

CarMax Q1 2025 Earnings: Sales Decline, Strategic Growth

CarMax's Q1 2025 earnings reflected a challenging quarter with declines in sales and earnings. However, strategic initiatives such as expanding sourcing capabilities, enhancing lending services, and focusing on electric vehicles provide a pathway for future growth. The company's strong financial management is evident in its share repurchases and debt repayment.

CarMax reports robust Q2 performance amidst industry challenges

CarMax's Q2 2025 performance showcased strong sales, margins, and cost efficiencies, despite challenges in CarMax Auto Finance income and increased SG&A expenses.
The company's strategic strengths lie in its consistent gross profit, omnichannel retail focus, and commitment to efficiency and stakeholder support.
While facing challenges in finance and expenses, CarMax has opportunities to drive growth through online sales, credit strategies, and operational efficiencies, positioning it for continued success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

CarMax's stock experienced a marginal loss over the last week (five trading days) to levels of around $132 currently. But will the company's stock see higher levels over the coming weeks, or is a decline in the stock imminent?

What's Happening With CarMax's Stock?

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the fourth quarter and fiscal year ended February 28, 2021, before the market opens on April 1, 2021, and it will host a conference call with investors at 9:00 a.m. ET to discuss these results. Participants on the call will include Bill Nash, president and CEO, Enrique Mayor-Mora, senior vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed

CarMax Announces Conference Call and Webcast Information for Fourth Quarter and Fiscal Year 2021 Results

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, today announced its commitment to achieve net zero carbon emissions by 2050. The commitment is part of CarMax's overall efforts to reduce its environmental impact and to align with the climate change mitigation goals set out by the Paris Agreement. The company has already made meaningful reductions to its carbon footprint and is targeting a 50% reduction of greenhouse gas (GHG) emissions by 202

CarMax Announces Commitment to Net Zero Carbon Emissions by 2050

Ford Motor Company

General Motors

Honda

Nissan Motor Co Ltd

NVIDIA

Toyota Motor

Per IHS Markit, chip shortfall could result in global light vehicle production loss of around 1 million units in the first quarter itself.

Chip Crunch Throws Auto Market in Disarray: No Quick Fix in Sight

Group 1 Automotive

Sonic Automotive

Winnebago

A host of auto stocks are near zone after hitting new highs. Here's why the likes of Carmax stock and Sonic Automotive stock may your motor running.

These Auto Stocks In Buy Zone Will Get Your Motor Running

Advance Auto Parts

Tesla

Auto stocks are eyeing buy points while feted EV names flounder amid a market pullback. The likes of Tesla and Nio have suffered brutal reversals of late.

These Auto Stocks Show Strength, Form Bullish Bases As EV Plays Flounder In Troubled Market

CarMax Inc. said Wednesday it will pay bonuses of up to $500 to 22,000 employees, or more than 80% of its workforce, to recognize their efforts "in the midst of a challenging year." The used car retailer's stock slipped 0.1% in premarket trading.

CarMax to pay bonuses to more than 80% of its employee for efforts during 'challenging year'

Bonuses of $500 to full-time associates, $250 to part-time associates in recognition of their dedication and hard work Bonuses of $500 to full-time associates, $250 to part-time associates in recognition of their dedication and hard work

CarMax Announces Bonuses for 22,000 Associates

The global microchip shortage will soon lead to delas for new car deliveries across many major auto brands.

Chip Shortage Set to Rock Auto Stocks

Fidelity National Information

Redwood Trust

Wallace Weitz (Trades, Portfolio), leader of Weitz Investment Management, disclosed this week that his firm's top five trades during the fourth quarter of 2020 included position reductions in Berkshire Hathaway Inc. (NYSE:BRK.A)(NYSE:BRK.B) and Redwood Trust Inc. (NYSE:RWT) and boosts in three positions: Aon PLC (NYSE:AON), Fidelity National Information Services Inc. (NYSE:FIS) and CarMax Inc. (NYSE:KMX).

Wallace Weitz's Top 5 Trades of the 4th Quarter

RICHMOND, Va.--(BUSINESS WIRE)--February 2, 2021--CarMax, Inc. (NYSE:KMX), the nation's largest and most profitable retailer of used cars, today announced it will be hosting a Virtual Analyst Day on Thursday, May 6, 2021. At this event, CarMax's leadership – including Bill Nash, President and CEO; Jim Lyski, Executive Vice President, Marketing; Enrique Mayor-Mora, Senior Vice President, CFO; and Jon Daniels, Senior Vice President, CAF Operations – will discuss the company's strategy, digital in

Save the Date: CarMax Analyst Day Thursday, May 6, 2021

CarMax's stock has gained around 33% over the last month to levels of around $121 currently. But will the company's stock see higher levels over the coming weeks, or is a decline in the stock imminent?

CarMax's Stock Gained 30%, Room For More?

Magna International

Ferrari

EV stocks were come of the top-performing stocks of 2020. But there are better auto stocks to buy at much more attractive valuations.

5 Best Auto Stocks to Buy In 2021

CarMax (KMX) reported earnings 30 days ago. What's next for the stock?

CarMax (KMX) Up 31.8% Since Last Earnings Report: Can It Continue?

CarMax's (KMX) Love Your Car Guarantee is the auto retailer's latest signature consumer offering that will kick-off a new trend for automotive retail.

CarMax (KMX) Raises the Bar, Introduces Unique Consumer Offering

Carvana has proven its business model to be viable and is superior to the traditional brick-and-mortar model. CarMax can make the transition due to its management's desire, digital capabilities, and a huge selection of used cars.

CarMax's Endgame Is An E-Commerce Company, And It Should Be Valued Like One

Used-car chain CarMax announces 24-hour test drives, and a 30-day, money-back guarantee on used cars and trucks, upping the ante in used-car sales.

Used-Car Arms Race: CarMax Adds 30-Day Guarantee On Used Cars And Trucks

Nation's largest used-car retailer now offers a 30-Day Money Back Guarantee and 24-Hour Test Drives Nation's largest used-car retailer now offers a 30-Day Money Back Guarantee and 24-Hour Test Drives

CarMax Launches New Signature Experience – Industry-Leading “Love Your Car Guarantee”

We think this stock offers excellent risk/reward based on CarMax'sLeading market position and long history of growing faster than its peers. Online and in-store capabilities, procurement and inventory efficiencies derived from its superior scale, and the stock trading as if profits will never grow.

It's Time To Make A Trade In For CarMax

Car sales volumes slowed as COVID-19 outbreaks grew.

CarMax Earnings: Growth Downshifts

CarMax (KMX) reports stellar Q3 profit and revenues, marking year-on-year increases.

CarMax's (KMX) Q3 Earnings & Sales Beat Estimates, Up Y/Y

CarMax, Inc. (KMX) CEO Bill Nash on Q3 2021 Results - Earnings Call Transcript

CarMax Inc. (NYSE: KMX) reported its financial results for the fiscal third quarter on Tuesday that topped analysts' estimates for profit and revenue. The company, however, said its same-store sales posted a decline in Q3 as demand weakened in recent weeks.

CarMax tops analysts' estimates for profit and revenue in fiscal Q3

CarMax (KMX) stock is dropping today, despite a better-than-expected fiscal third-quarter report.

Auto Retailer Drives Lower After Q3 Report

CarMax Inc. (NYSE:KMX) released its third-quarter fiscal 2021 results before the market opened on Dec. 22. The company's earnings and revenue topped projections as auto sales rebounded.

News for CarMax Stock (KMX)