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

Why Is CarMax (KMX) Up 8% Since Last Earnings Report?

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE: KMX), the nation's largest and most profitable retailer of used autos, issued a reminder that the Company will host its Virtual Analyst Day on Thursday, May 6, 2021 beginning at 9:00 a.m. Eastern Time (ET). The event is expected to conclude at 11:30 a.m. ET. This event is designed for financial analysts and institutional investors and will highlight the company's omni-channel strategy, digital initiatives and the road ahead. Program highlights

CarMax to Host Virtual Analyst Day on May 6, 2021

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CarMax, Inc. (NYSE:KMX) is one of the largest used-car retailers in the United States.

What's Next for CarMax Stock After New Partnership Announcement

RICHMOND, Va.--(BUSINESS WIRE)--Today CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used cars, and Dunkin', America's favorite all-day, everyday stop for coffee and baked goods, are inviting people to “do donuts” during their 24-Hour Test Drive — the delicious kind with frosting and sprinkles. Starting today through May 16, CarMax customers who participate in the 24-Hour Test Drive will receive a $10 Dunkin' gift card to keep their daily routine running during their test drive — an

CarMax and Dunkin' are “Doin' Donuts” for New 24-Hour Test Drive Experience

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Why CarMax Stock Gained 11% in March

Shares of used car retailer CarMax Inc. (NYSE:KMX) pulled back more than 7% on Thursday to trade at around $123 following the announcement of its fourth-quarter 2021 results.

Should You Buy CarMax After Pullback?

In a move to advance its online capabilities, CarMax agrees to acquire all of Edmunds.

CarMax Improves Online Capabilities With No-brainer Acquisition

CarMax, Inc. (KMX) CEO William Nash on Q4 2021 Results - Earnings Call Transcript

Sales have slowed a bit, and margins are being pinched as the company pushes for volumes. Federal stimulus has been a benefit and will boost Q1.

CarMax: Buy Yourself Something Nice

CarMax, the country's largest chain of over 200 used car dealerships, said Thursday (April 1) it planned to return capital investment to pre-pandemic levels with plans to open 10 additional stores, grow its digital efforts and fund the $400 million full acquisition of auto-industry data provider Edmunds. In announcing its fourth quarter and fiscal 2021 […]

CarMax Investing In Digital And Adding Stores As Finance Unit Soars

CarMax (KMX) Q4 revenues increase 4.1%, year on year.

CarMax's (KMX) Q4 Earnings Surpass Estimates, Down Y/Y

The shares of CarMax, Inc (NYSE:KMX) are down 4% at $127.50 before the bell, after the car retailer posted fourth-quarter profits of $1.27 per share, which topped analysts forecasts by two cents.

CarMax Stock Skids to a Halt After Earnings, Acquisition News

CarMax Inc. (NYSE: KMX) reported its financial results for the fiscal fourth quarter on Thursday that topped analysts' estimates for earnings and revenue, despite the renewed COVID-19 restrictions. The health emergency has so far infected more than 31 million people in the United States and caused over half a million deaths.

CarMax tops analysts' estimates for earnings and revenue in Q4

CarMax (KMX) delivered earnings and revenue surprises of 2.42% and 0.53%, respectively, for the quarter ended February 2021. Do the numbers hold clues to what lies ahead for the stock?

CarMax (KMX) Q4 Earnings and Revenues Top Estimates

Shares of CarMax (NYSE:KMX) rose 0.6% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 2.31% year over year to $1.27, which beat the estimate of $1.26.

CarMax: Q4 Earnings Insights

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX), the nation's largest and most profitable retailer of used autos, today announced it has signed a definitive agreement to acquire Edmunds, one of the most well established and trusted online guides for automotive information and a recognized industry leader in digital car shopping innovations. With this acquisition, CarMax and Edmunds accelerate their respective capabilities to deliver an enhanced digital experience to their customers by l

CarMax to Acquire Remaining Stake in Edmunds

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX), the nation's largest and most profitable retailer of used cars, today reported results for the fourth quarter and fiscal year ended February 28, 2021. Fourth Quarter Highlights and Recent Developments: Net sales and operating revenues increased 4.1% to $5.16 billion when compared with the prior year fourth quarter. Net earnings decreased 2.3% to $209.9 million and net earnings per diluted share decreased 2.3% to $1.27 compared with the pr

CarMax Reports Fourth Quarter and Fiscal Year 2021 Results

On Thursday, April 01, CarMax (NYSE:KMX) will release its latest earnings report. Here is Benzinga's outlook for the company.

CarMax's Earnings: A Preview

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Earnings Previews: Micron, CarMax

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Earnings reports from Chewy, Lululemon, McCormick, Micron, Walgreens, and CarMax. Plus, jobs Friday, manufacturing PMIs, and consumer confidence data.

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CarMax's (KMX) fiscal Q4 2021 results are likely to reflect rising demand for used cars and robust omni-channel marketing. However, high costs might have dented margins.

News for CarMax Stock (KMX)