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

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The markets are currently in the quiet period between earnings seasons, but a few major companies will be sharing their results this week.

Nike, Micron, BlackBerry, Carnival and More Major Earnings Coming This Week

While used vehicle retail revenues are likely to aid CarMax (KMX), high SG&A costs amid increased store openings may hamper overall fiscal second-quarter results.

Will Rising SG&A Expenses Mar CarMax's (KMX) Q2 Earnings?

Now Offering Home Delivery and Expedited Pick-Up Now Offering Home Delivery and Expedited Pick-Up

CarMax Rolls into Texas with New Online Experience

Richmond, VA, Sept.  10, 2019  (GLOBE NEWSWIRE) -- CarMax, the nation’s largest retailer of used cars, will create 430 new jobs for their new Customer Experience Center opening in Tempe this December. The company is now hiring to fill the open positions at the contact center. Candidates can apply now at CarMaxPhoenix.com.

Fortune 500 Retailer CarMax Creating More Than 400 Jobs for New Contact Center in Tempe

Advance Auto Parts

O'Reilly Automotive

Auto Retail & Wholesale Parts Industry Prospects Encouraging

Fortune 500 retailer holding nationwide hiring event on September 12 Fortune 500 retailer holding nationwide hiring event on September 12

CarMax Hiring More Than 850 Automotive Technicians and Detailers Nationwide

We believe CarMax can capture 5% of the total addressable market with the continued roll out of its omni channel platform.

Carmax Has Plenty Of Gas Left In The Tank

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is CarMax (KMX) a Great Value Stock Right Now?

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5 Undervalued Stocks Growing Their Book Values

CarMax (KMX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

CarMax (KMX) Hits Fresh High: Is There Still Room to Run?

EVP, Gen. Counsel & Secretary of Carmax Inc (30-Year Financial, Insider Trades) Eric M Margolin (insider trades) sold 14,699 shares of KMX on 07/25/2019 at an average price of $89.06 a share.

Carmax Inc (KMX) EVP, Gen. Counsel & Secretary Eric M Margolin Sold $1.3 million of Shares

CarMax (KMX) stock may be a good choice for value-oriented investors right now from multiple angles.

Can Value Investors Consider CarMax (KMX) a Worthy Pick?

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

Why Is CarMax (KMX) Up 2.2% Since Last Earnings Report?

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Does CarMax (KMX) have what it takes to be a top stock pick for momentum investors? Let's find out.

CarMax (KMX) Is Up 1.39% in One Week: What You Should Know

The used-car retailer is enjoying strong demand for its services.

Why CarMax Stock Popped 10.9% in June

Is CarMax (KMX) Stock Undervalued Right Now?

President & CEO of Carmax Inc (NYSE:KMX) William D Nash sold 86,762 shares of KMX on 06/25/2019 at an average price of $83.53 a share.

Carmax Inc (KMX) President & CEO William D Nash Sold $7.2 million of Shares

The used-car retailer recently explained the key factors driving its latest growth rebound.

What CarMax Wants Investors to Know

Aggressive store expansion and digital initiatives aid CarMax (KMX) to cater to a larger customer group. But rising selling, general and administrative expenses are concerns.

CarMax (KMX) Rides on Store Expansion Amid Expense Woes

CarMax just released outstanding first-quarter results.

How To Trade CarMax

Although CarMax, Inc (NYSE: KMX) delivered its strongest comps since 2013 in its first-quarter report Friday, the majority of the performance was driven by temporary catalysts, according to Wedbush.

CarMax Analyst Raises Price Target After Strong Q1, But Says Comp Growth Could Slow

Investors finally saw the revenue rebound they've been seeking for more than a year.

News for CarMax Stock (KMX)