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

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the fourth quarter and fiscal year ended February 28, 2022. Highlights: CarMax's share of the nationwide age 0-10 year old used vehicle market increased to a record 4.0% in calendar year 2021, up approximately 13% from 3.5% in calendar year 2020. Net revenues rose 48.8% to $7.7 billion compared with the prior year fourth quarter. For the fiscal year, net revenues increased 68.3% to $31.9 billion. Sold 343,413 uni

CarMax Reports Fourth Quarter and Fiscal Year 2022 Results

The Zacks Consensus Estimate for CarMax's fiscal Q4 earnings and revenues is pegged at $1.28 per share and $7.58 billion, respectively.

Can CarMax (KMX) Robust Sales Offset Cost Woes in Q4 Earnings?

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The auto retailer is aiming for market share growth over short-term profits.

What Will CarMax Say About Used Car Prices on Tuesday?

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Earnings Previews: Albertsons, CarMax, OrganiGram

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The overall outlook for the auto industry has changed since January, according to analysts John Murphy, Aileen Smith and T.T.

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KMX is the largest online buyer of used cars directly from consumers.

CarMax, Inc. Offers Unmatched Omnichannel Experience In The Used Car Market

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The Zacks Automotive- Retail and Wholesale- Parts industry looks poised for a rather smooth ride thanks to rapid digitization and aging vehicles. Keep a close eye on industry participants like ORLY, AZO, KMX and AAP.

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In the latest trading session, CarMax (KMX) closed at $105.80, marking a +0.53% move from the previous day.

CarMax (KMX) Gains But Lags Market: What You Should Know

CarMax gross profit has been highly elevated in the last 3 quarters.

The CarMax Business Model Is Being Proven True

Dow Inc

Dow Inc Dow Inc. (NYSE:DOW) is a leading provider of materials science solutions for packaging, infrastructure, and consumer applications in North America with operations across Europe to the Middle East Africa region as well India Pacific coastlines serving Asia Pacific markets including Latin American clientele. It offers more than 100 diverse product lines that include […] The post Dow v CarMax – Why does Dow have an edge in potential gains in 2022?

Dow v CarMax – Why does Dow have an edge in potential gains in 2022?￼

Evercore ISI analyst Michael Montani downgraded CarMax Inc (NYSE: KMX) to In-Line from Outperform with a price target of $120, down from $145, implying a 10% upside. Montani said CarMax took a profitable share throughout the calendar year 2021.

Evercore ISI Downgrades This Used-Vehicle Retailer - Read Why

CarMax reported net revenues of $8.5 billion from 415,054 units during third quarter ended November 30, 2021, an increase of 64.5% from the same quarter last year.

CarMax Stock Has Fallen To An Attractive Level

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CarMax (KMX) Down 16% Since Last Earnings Report: Can It Rebound?

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Carvana

While the market has sold off the two used-car behemoths amid a shortage of vehicles to sell, some analysts say they are attractive companies at the price.

Used-Car Prices Are Sure to Sputter. What Happens Then to Carvana and CarMax.

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Per its preliminary forecast, Cox Automotive envisions U.S. used vehicle sales to total 39.3 million for 2021, including 22.1 million retail purchases.

US Used Car Market Finishes Strong in 2021: What's Up for 2022?

CarMax's (KMX) store-expansion initiatives, fast delivery and high-quality products are enhancing its prospects amid the soaring capex and SG&A costs.

CarMax (KMX) to Bank on Expansion Plans Amid Cost Woes

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While the notion of rising auto-related stocks to buy seems ludicrous at first, this could be one of the surprising sectors of 2022. The post 7 Stocks to Buy as Used Car Prices Hit a Perfect Storm in 2022 appeared first on InvestorPlace.

7 Stocks to Buy as Used Car Prices Hit a Perfect Storm in 2022

Let's look at some highlights from the used-car giant's latest earnings report.

CarMax Stock Is Still Racing Ahead

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News for CarMax Stock (KMX)