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

Bed Bath & Beyond

Rite Aid

The three major U.S. equity indexes closed lower again Monday. The Dow Jones industrials ended the day down 1.11%, the S&P 500 closed lower by 1.03%,and the S&P 500 retreated 0.6%.

Earnings Previews: Bed Bath & Beyond, CarMax, Rite Aid

Concentrix Corporation 

Cintas Corp

Jabil

Jefferies Financial Group Inc

Vail Resorts

Micron Technology

NIKE

Paychex

SYNNEX

The third quarter 2022 earnings season will be in full swing starting the second week of October when banking giants JPMorgan Chase, Wells Fargo and Citigroup will announce their financial numbers.

These Are The 10 Biggest Firms Issuing Earnings Next Week

CarMax shares have been hit hard in 2022, down nearly 40% and widely underperforming the general market.

CarMax Q2 Preview: Can Shares Find New Life?

CarMax Inc. ( KMX , Financial) is a retailer of used vehicles in the U.S. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers purchasing customers a range of makes and models of used vehicles, including domestic, imported and luxury vehicles, as well as hybrid and electric vehicles.

CarMax: A Quality Used Car Dealer Overcoming Obstacles

Sonic Automotive

Sonic Automotive is double downgraded to Underperform from Buy at BofA Global Research.

CarMax and Sonic Automotive Cut to Underperform. It's a Supply Issue.

Unlike associates at some legacy dealers, CarMax associates are incentivized to do the right thing for customers. All the work CarMax has done to achieve the digital transformation of its business has placed it in an incredibly strong position.

CarMax: The Right Business Model For Any Environment

Albemarle

Aptiv

CF Industries Holdings

Mosaic

Warner Bros Discovery Inc

Fertilizer stock Mosaic and lithium giant Albemarle led the S&P 500 Monday. Streaming media giant Warner Bros Discovery was a big loser.

S&P 500 Stocks: Hot EV Play Among Winners; Streaming Media Giant Is 'Dragon' Behind

Company To Host Hiring Events in 15 Cities Company To Host Hiring Events in 15 Cities

CarMax Announces Hiring Events for Automotive Technicians and Service Professionals on August 25

AutoNation

America's Car-Mart

Carvana

Lithia Motors

Used-car retailer America's Car-Mart reports fiscal first-quarter earnings after the close today. CRMT stock and other auto stocks fell ahead of the report.

Auto Stocks: Used-Car Retailer Reports As Prices Drop, Consumers Stumble

Ferguson Enterprises Inc

First Pacific Advisors (Trades, Portfolio) recently disclosed its 13F portfolio updates for the second quarter of 2022, which ended on June 30.

First Pacific Advisors Picks Up Bargains With CarMax, Ferguson

Report Cites Company's Ambitious Climate Targets, Ongoing Commitment to Putting Its People First Report Cites Company's Ambitious Climate Targets, Ongoing Commitment to Putting Its People First

CarMax Releases 2022 Responsibility Report

Amazon

Steven Romick (Trades, Portfolio) recently released the latest portfolio updates for the FPA Crescent Fund for the second quarter of 2022, which ended on June 30.

Steven Romick Buys Dips on Amazon, CarMax in 2nd Quarter

Advance Auto Parts

AutoZone

O'Reilly Automotive

ORLY, AZO, KMX and AAP should be on your watchlist to cash in on the promising prospects of the auto retail parts industry backed by the soaring popularity of high-tech cars and ramp-up of e-commerce activities.

Auto Retail Parts Industry Sunny Side Up: 4 Stocks in Focus

Used car prices are up, but profits are down.

Why CarMax Couldn't Cash in on Soaring Car Prices

Carmax (NYSE: KMX) stock is geared for higher prices, the question is how high will they go? While the Q1 results were better than expected, several factors will weigh on share prices in future reporting periods.

Is Carmax Stock Geared For Higher Prices?

In this article, I start by diving into the (used) car industry, which reveals interesting and important details for the bigger macro picture. CarMax, being the nation's largest used car dealer, had a better than expected quarter as it benefitted from pricing tailwinds.

CarMax: Tailwinds Weakening, Headwinds On The Horizon

CarMax, Inc. (NYSE:KMX ) Q1 2023 Earnings Conference Call June 24, 2022 9:00 AM ET Company Participants David Lowenstein - Assistant Vice President, Investor Relations Bill Nash - President and Chief Executive Officer Enrique Mayor-Mora - Executive Vice President, Chief Financial Officer Jon Daniels - Senior Vice President, CarMax Auto Finance Operations Conference Call Participants Brian Nagel - Oppenheimer John Healy - Northcoast Research Sharon Zackfia - William Blair Rajat Gupta - JPMorgan Daniel Imbro - Stephens Inc Nathan Friedman - Wedbush Securities John Murphy - Bank of America Merrill Lynch Michael Montani - Evercore ISI Craig Kennison - Baird Evan Silverberg - Morgan Stanley David Whiston - Morningstar Chris Bottiglieri - Exane BNP Paribas Chris Pierce - Needham & Company Operator Good day, and welcome to the CarMax First Quarter Fiscal Year 2023 Earnings Release Conference Call. Today's conference is being recorded.

CarMax, Inc. (KMX) CEO Bill Nash on Q1 2023 Results - Earnings Call Transcript

While CarMax's (KMX) fiscal Q1 earnings top estimates, revenues miss the mark. On a year-over-year basis, the top line increases 21%, while the bottom line contracts 40.7%.

CarMax (KMX) Q1 Earnings Beat on Wholesale Unit Strength

At a time when the auto retail market has been getting hammered by rising interest rates and fuel costs, used auto retailer CarMax has put more of the power in the hands of its growing customer base in the first quarter of fiscal 2023, the three months ending May 31. CarMax has enabled online self-progression […]

CarMax Empowers Customers with Self-Progression Capabilities

CarMax (KMX) delivered earnings and revenue surprises of 3.31% and 0.68%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?

CarMax (KMX) Surpasses Q1 Earnings Estimates

First-quarter earnings from CarMax beat Wall Street expectations. Volumes, however, are down year over year as consumer confidence wanes.

CarMax Earnings Were Good. But They Might Not Be Good Enough.

Shares of CarMax Inc. KMX, +2.24% rose 1.9% in premarket trading Friday, after the used car retailer reported fiscal first-quarter profit that fell but topped expectations, while sales rose above forecasts, boosted by higher car prices. Net income for the quarter to May 31 dropped to $252.3 million, or $1.56 a share, from $436.8 million, or $2.63 a share, in the year-ago period.

CarMax earnings beat expectations, as higher prices boosted sales

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the first quarter ended May 31, 2022. Highlights: Enabled online self-progression capabilities for all of our retail customers. Net revenues of $9.3 billion, up 21.0% compared with the prior year first quarter. Sold 427,257 units through our combined retail and wholesale channels, down 5.5% versus the prior year first quarter. Retail used unit sales declined 11.0% to 240,950 vehicles, and comparable store used un

CarMax Reports First Quarter Fiscal 2023 Results

CarMax Inc (NYSE:KMX) is one of the handful of companies announcing earnings this week, with its fiscal first-quarter earnings report due out before the open tomorrow, June 24.

Options Traders Eye CarMax Stock Before Earnings

BlackBerry

Carnival

FedEx

The three major U.S. equity indexes closed higher Tuesday, with the Nasdaq adding 2.51%, the S&P 500 rising by 2.45% and the Dow Jones industrials closing up 2.15%.

News for CarMax Stock (KMX)