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

Smith & Wesson Brands

In the first half-hour of Wednesday's trading, the Dow Jones industrials were down 0.42%, the S&P 500 down 0.38% and the Nasdaq down 0.30%.

Earnings Previews: CarMax, Smith & Wesson

The Zacks Consensus Estimate for CarMax's (KMX) fiscal Q1 earnings and revenues is pegged at 73 cents per share and $7.28 billion, respectively.

CarMax (KMX) to Report Q1 Earnings: What's in the Offing?

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.

Earnings Preview: CarMax (KMX) Q1 Earnings Expected to Decline

AutoNation

One of the biggest contributors to the 4% year-over-year rise in consumer prices was more expensive used cars and trucks. That's odd.

Used-Car Data Confusion Has Auto-Dealer Stocks Rising

Alarm.com

Akre Capital Management recently disclosed its 13F portfolio updates for the first quarter of 2023, which ended on March 31.

Akre Capital Slashes CarMax, Sells Alarm.com in 1st Quarter

Report Cites Company's Efforts to Achieve Climate Commitments, Advance Disclosure of Climate-Related Issues, and Expand Workforce Inclusivity Report Cites Company's Efforts to Achieve Climate Commitments, Advance Disclosure of Climate-Related Issues, and Expand Workforce Inclusivity

CarMax Releases 2023 Responsibility Report

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

CarMax (KMX) Up 7% Since Last Earnings Report: Can It Continue?

General Motors

UVeye's automated vehicle inspection technology may have started out as a system to detect security threats, but the six-year-old Israeli startup has found deep interest and investment from the automotive sector.

UVeye's ‘MRI for cars' system lands startup $100M from GM, CarMax

Stitch Fix

The market correction is offering some incredible bargains for long-term investors. Stitch Fix has the potential to disrupt the apparel industry with its personalized styling service.

2 Absurdly Cheap Stocks That Could Double Your Money

Amazon

Alphabet

Microsoft

Revenue growth slowed for cloud computing giants again in the first quarter. Now, they're using artificial intelligence to re-accelerate sales.

As Cloud Computing Growth Slows, Tech Titans Turn To AI For A Boost

Did filing your taxes stress you out? You're not alone.

What CarMax's Recent Report Tells Us About the Car-Buying Industry

The used car industry is about to enter a recession. Both AutoNation, Inc. and CarMax, Inc. were reacting to the recession environment and had solid plans for positioning themselves for long-term success.

AutoNation Vs. CarMax: The Future Of Dealerships Amid Recession Uncertainty

Carvana

Carvana and CarMax were both crushed by rising rates and slowing auto sales. Both retailers will face more macro headwinds this year.

Better Stock Buy: Carvana vs. CarMax

CarMax's (KMX) Q4 earnings beat estimates on higher-than-anticipated gross profit per unit in the used and wholesale vehicle segments.

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

CarMax Inc. signaled that higher interest rates at the Fed have started trickling down into the realm of car buying, as the used vehicle seller added tightening lending standards to a list of headwinds its business faces.

CarMax says tighter lending hits its car sales due to Fed rate hikes and bank jitters

The used-car retailer has managed to increase its gross margins in a tough selling environment.

CarMax Picks the Profit Lane

The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation's largest used car dealer, as the effects of inflation and consumer credit delinquencies continue to shadow the sector.

CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course

Tough year-over-year comparisons led to some ugly declines in key financial metrics. The nation's largest used car retailer reaffirmed its long-term financial targets.

Why CarMax Stock Jumped on Tuesday

Carmax (NASDAQ: KMX) and the rest of the used car industry have suffered, and the hard times are not over. The good news is that conditions may not worsen, and this company is well-positioned and still positioned for the rebound.

Carmax Bottoms And Shifts Gears For Reversal

CarMax (NYSE: KMX ) stock is accelerating higher after the used vehicle retailer reported its fourth-quarter earnings. During Q4, revenue tallied in at $5.7 billion, down 25.6% year-over-year (YOY) and falling short of the analyst estimate for $6.04 billion.

5 Investors Betting Big on CarMax (KMX) Stock

CarMax dished out a pleasant fiscal Q4 earnings surprise. The overall used car business itself, however, is still on the defensive.

Why Carvana Followed CarMax Shares Today

CarMax Inc (NYSE: KMX) opened about 10% up this morning after reporting profit for its fourth financial quarter that topped Street expectations by a massive margin. CarMax shares up on robust margins The Richmond-headquartered firm recorded a 21.1% decline in used vehicles sales and 41.6% in wholesale vehicles sales.

CarMax share price is up 10% on Tuesday: find out why

CarMax Inc (KMX) stock soaring this morning, after the retailer posted better-than-expected earnings for the fiscal fourth quarter.

CarMax Stock Cruising Toward Best Day in 3 Years

CarMax, Inc (NYSE:KMX) has reported fourth-quarter earnings that beat expectations after it took steps to increase efficiencies in the face of declining demand for pre-owned vehicles, sending its shares more than 10% higher in early trade.  The company's sales declined by 25.6% to $5.7 billion in the three months ended February 28, 2023, missing analyst estimates of $6.04 billion while net earnings per diluted share came in at $0.44, down from $0.98 a year earlier but well ahead of Refinitiv estimates of 24 cents per share.

CarMax stock accelerates on 4Q earnings beat

ADTRAN Holdings Inc

Markets were little changed as investors wait for economic data and the official start of earnings season. CarMax's quarterly results showed falling sales and profits but some margin improvement.

News for CarMax Stock (KMX)