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

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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) will report its financial results for the fourth quarter ended February 29, 2024 before the market opens on April 11, 2024, 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, executive vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed by dialing (.

CarMax Announces Fourth Quarter Conference Call

Announcement part of expanded partnership with CarMax to elevate women in sports Announcement part of expanded partnership with CarMax to elevate women in sports

Gotham FC Announces CarMax as Jersey-Front and Marquee Partner

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Nike Inc (NYSE:NKE) stock fell nearly 11% in extended trading Thursday after the footwear retailer said it expects weak second-half revenue following its fiscal second-quarter results.

Nike's $2B savings plan, BlackBerry guidance disappoints, CarMax sales rev higher: earnings roundup

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Despite the holiday season, markets and the news cycle aren't slowing down. As we approach the New Year, information related to stocks and publicly traded companies continues to move quickly.

3 Growth Stocks Ready for a 2024 Breakout

While CarMax's (KMX) bottom line improves year over year and surpasses estimates, the top line contracts year over year and misses the Zacks Consensus Estimate.

CarMax (KMX) Tops Q3 Earnings Expectations, Lags Sales Mark

CarMax handily beat earnings expectations for its fiscal third quarter. The used-vehicle retailer also resumed share repurchases during the quarter and has $2.41 billion remaining under its buyback authorization.

Why CarMax Stock Popped Today

CarMax, Inc (NYSE:KMX) stock railled 4% Thursday afternoon on fiscal third-quarter earnings that beta expectations.  The largest US used car dealer posted earnings of $0.52 per share, topping expectations of $0.43 per share.

Carmax stock revs up on rising 3Q retail and wholesale sales

Options traders are targeting CarMax Inc (NYSE:KMX), after the used-car retailer reported better-than-expected third-quarter earnings of 52 cents per share, more than doubling the 24 cents per share from the same quarter a year ago.

Options Traders Target Surging CarMax Stock

CarMax (KMX) shares took off after the biggest U.S. used car dealer beat profit forecasts as it sold more vehicles in the wholesale market. The company also reinstated its share repurchase program.

CarMax Stock Jumps As Earnings Top Expectations, Company Restarts Stock Buyback Program

CarMax, Inc. (KMX) Q3 2024 Earnings Call Transcript

U.S. equities brushed off Wednesday's selloff and went back to their winning ways at midday on Thursday after several companies reported better-than-expected results. The Dow, S&P 500, and Nasdaq all advanced.

Midday Movers: CarMax Helps Drive the S&P 500 Higher

Although the revenue and EPS for CarMax (KMX) give a sense of how its business performed in the quarter ended November 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CarMax (KMX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Used-car retailer CarMax resumed stock repurchases after pausing for a year. Third-quarter earnings topped views, but sales came in light.

CarMax Stock Is Soaring. Buybacks Resumed, and Earnings Beat.

Shares of CarMax Inc. KMX, -2.56% rallied 5.2% toward a three-month high in premarket trading Thursday, after the used car seller reported fiscal third-quarter profit that beat expectations, overshadowing a sales miss as vehicles sold and average prices fell. Net income for the quarter to Nov. 30 jumped to $82.0 million, or 52 cents a share, from $37.6 million, or 24 cents a share, in the year-ago period.

CarMax's stock jumps after profit beat expectations, while sales fell short

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) today reported results for the third quarter ended November 30, 2023. Highlights: Net revenues were $6.1 billion, down 5.5% compared with the prior year third quarter. Retail used unit sales decreased 2.9% and comparable store used unit sales declined 4.1% from the prior year's third quarter; strong gross profit per retail used unit of $2,277, in line with last year's third quarter. Wholesale units increased 7.7% from the prior year's thir.

CarMax Reports Third Quarter Fiscal 2024 Results

Beyond analysts' top -and-bottom-line estimates for CarMax (KMX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended November 2023.

Unveiling CarMax (KMX) Q3 Outlook: Wall Street Estimates for Key Metrics

CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CarMax (KMX) Reports Next Week: Wall Street Expects Earnings Growth

Initiative part of company's commitment to reduce greenhouse gas emissions by 50% by 2025 and achieve net zero carbon emissions by 2050 Initiative part of company's commitment to reduce greenhouse gas emissions by 50% by 2025 and achieve net zero carbon emissions by 2050

CarMax Introduces its First All-Electric Semi-Truck into Logistics Fleet

CarMax's declining revenue phase is expected to reverse as year-over-year comparisons become easier in the coming quarters. The margin prospects also look good thanks to management's productivity initiatives and potential volume recovery. Valuation is reasonable.

CarMax: Moving To A Buy Rating As Sales Bottom

RICHMOND, Va.--(BUSINESS WIRE)--CarMax, Inc. (NYSE:KMX) will report its financial results for the third quarter ended November 30, 2023 before the market opens on December 21, 2023, 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, executive vice president, CFO and Jon Daniels, senior vice president, CAF Operations. The live conference call can be accessed by dialing.

CarMax Announces Third Quarter Conference Call

Amazon

Carvana

Amazon.com Inc (NASDAQ:AMZN) has greenlit car sellers to use the e-commerce site to directly sell to customers, launching via a partnership with Hyundai. The South Korean automaker will deliver a digital showroom on Amazon in 2024 through the new team-up.

Amazon deal with Hydundai to disrupt online car selling market, Carvana and CarMax investors react

Shares of online car sellers tumbled on Thursday after Amazon (AMZN) announced it will begin selling vehicles to U.S. customers starting in 2024.

CarMax, Carvana Shares Tumble After Amazon Says It Will Sell Cars

In 2024, auto dealers for the first time will be able to sell vehicles on Amazon.com in the U.S.

Carvana Stock, CarMax Sink As Amazon Enters Online Car Sales

Amazon.com Inc. AMZN, -0.27% announced Thursday that it will launch online vehicles sales in the U.S., starting in 2024 with sales of Hyundai Motor Co. 005380, +1.26% vehicles. That sent shares of auto retailers CarMax Inc. KMX, -5.86% and Carvana Co. CVNA, -6.79% diving in afternoon trading.

News for CarMax Stock (KMX)