Symbols / KMX Stock $39.58 +1.38% CarMax, Inc.

Consumer Cyclical • Auto & Truck Dealerships • United States • NYQ
KMX (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

Stock Fundamentals
Scroll to Statements
Market Cap 5.61B Enterprise Value 24.23B Income 247.29M Sales 27.76B Book/sh 41.53 Cash/sh 0.87
Dividend Yield — Payout 0.00% Employees 27796 IPO — P/E 23.56 Forward P/E 12.52
PEG 0.70 P/S 0.20 P/B 0.95 P/C — EV/EBITDA 23.34 EV/Sales 0.87
Quick Ratio 0.14 Current Ratio 2.20 Debt/Eq 318.18 LT Debt/Eq — EPS (ttm) 1.68 EPS next Y 3.16
EPS Growth — Revenue Growth -1.20% Earnings 2026-06-17 ROA 1.61% ROE 4.08% ROIC —
Gross Margin 12.14% Oper. Margin 1.81% Profit Margin 0.89% Shs Outstand 141.82M Shs Float 133.15M Short Float 12.25%
Short Ratio 4.81 Short Interest — 52W High 71.99 52W Low 30.26 Beta 1.30 Avg Volume 3.48M
Volume 3.21M Target Price $41.69 Recom Hold Prev Close $39.04 Price $39.58 Change 1.38%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$41.69
Mean price target
2. Current target
$39.58
Latest analyst target
3. DCF / Fair value
$-11.25
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$39.58
Low
$19.00
High
$99.00
Mean
$41.69

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-16 main Barclays Underweight → Underweight $26
2026-04-15 main JP Morgan Underweight → Underweight $35
2026-04-10 main Evercore ISI Group In-Line → In-Line $45
2026-04-07 main Evercore ISI Group In-Line → In-Line $40
2026-04-02 main Stephens & Co. Equal-Weight → Equal-Weight $43
2026-03-17 main Evercore ISI Group In-Line → In-Line $39
2026-02-18 main Baird Outperform → Outperform $48
2026-02-10 main Evercore ISI Group In-Line → In-Line $42
2026-02-03 main Evercore ISI Group In-Line → In-Line $40
2026-01-21 main Barclays Underweight → Underweight $28
2025-12-19 main Barclays Underweight → Underweight $24
2025-12-19 main Truist Securities Hold → Hold $37
2025-12-19 main B of A Securities Underperform → Underperform $31
2025-12-19 main JP Morgan Underweight → Underweight $28
2025-12-19 main RBC Capital Sector Perform → Sector Perform $37
2025-12-19 main Stephens & Co. Equal-Weight → Equal-Weight $36
2025-12-19 main Wedbush Neutral → Neutral $36
2025-12-19 main Mizuho Neutral → Neutral $36
2025-12-09 main Evercore ISI Group In-Line → In-Line $37
2025-11-18 reit Wedbush Neutral → Neutral $40
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-16 MCCREIGHT DAVID W Director — 30,558 — —
2026-03-16 BARR KEITH Chief Executive Officer — 23,975 $0.00 $0
2025-12-26 WILSON CHARLES JOSEPH Chief Operating Officer — 160 — —
2025-10-02 O NEIL MARK F Director — 10,816 $46.21 $499,807
2025-10-02 STEENROD MITCHELL D Director — 2,000 $45.57 $91,140
2025-07-08 STUCKEY JOHN M. III General Counsel — 70 $0.00 $0
2025-07-07 STUCKEY JOHN M. III General Counsel — 90 $0.00 $0
2025-07-02 DANIELS JON G Officer — 1,540 $70.64 $108,786
2025-06-30 FOLLIARD THOMAS J Director — 2,753 $0.00 $0
2025-06-30 MCCREIGHT DAVID W Director — 2,753 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2026-02-28 2025-02-28 2024-02-29 2023-02-28
Total Revenue
25,881.13
-1.79%
26,353.42
-0.69%
26,536.04
-10.61%
29,684.87
Operating Revenue
25,206.92
-1.79%
25,667.11
-0.89%
25,898.08
-10.77%
29,024.08
Cost Of Revenue
23,074.54
-1.62%
23,455.52
-1.54%
23,822.83
-11.39%
26,884.67
Reconciled Cost Of Revenue
23,019.93
-1.76%
23,433.14
-1.62%
23,817.94
-11.34%
26,863.40
Gross Profit
2,806.59
-3.15%
2,897.90
+6.81%
2,713.21
-3.11%
2,800.20
Operating Expense
3,216.35
+3.14%
3,118.42
+6.83%
2,918.93
-6.18%
3,111.15
Selling General And Administration
2,533.80
+0.90%
2,511.30
+6.73%
2,352.90
-7.74%
2,550.20
Selling And Marketing Expense
283.00
+8.55%
260.70
-1.40%
264.40
-8.35%
288.50
General And Administrative Expense
2,250.80
+0.01%
2,250.60
+7.76%
2,088.50
-7.66%
2,261.70
Salaries And Wages
1,466.20
-1.76%
1,492.50
+6.05%
1,407.40
-1.50%
1,428.80
Other Gand A
479.10
+1.33%
472.80
+15.40%
409.70
-27.56%
565.60
Other Operating Expenses
—
334.70
+7.79%
310.50
-2.05%
317.00
Total Expenses
26,290.89
-1.07%
26,573.94
-0.63%
26,741.76
-10.85%
29,995.82
Operating Income
-409.76
-85.81%
-220.52
-7.19%
-205.72
+33.84%
-310.95
EBITDA
1,608.99
-12.33%
1,835.30
+10.20%
1,665.46
+24.97%
1,332.73
Normalized EBITDA
1,750.25
-4.63%
1,835.30
+10.20%
1,665.46
+24.97%
1,332.73
Reconciled Depreciation
345.96
+17.35%
294.80
+13.20%
260.41
-1.81%
265.22
EBIT
1,263.03
-18.01%
1,540.50
+9.64%
1,405.05
+31.62%
1,067.50
Total Unusual Items
-141.26
0.00
0.00
—
Total Unusual Items Excluding Goodwill
-141.26
0.00
0.00
—
Special Income Charges
-141.26
0.00
0.00
—
Impairment Of Capital Assets
141.26
0.00
0.00
—
Net Income
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Pretax Income
383.43
-42.72%
669.36
+4.33%
641.60
+0.75%
636.80
Net Non Operating Interest Income Expense
941.51
+4.44%
901.46
+7.69%
837.05
-10.80%
938.40
Interest Expense Non Operating
879.59
+0.97%
871.14
+14.11%
763.45
+77.26%
430.70
Net Interest Income
941.51
+4.44%
901.46
+7.69%
837.05
-10.80%
938.40
Interest Expense
879.59
+0.97%
871.14
+14.11%
763.45
+77.26%
430.70
Interest Income Non Operating
1,864.20
+0.56%
1,853.90
+10.52%
1,677.40
+16.36%
1,441.50
Interest Income
1,864.20
+0.56%
1,853.90
+10.52%
1,677.40
+16.36%
1,441.50
Other Income Expense
-148.32
-1176.02%
-11.62
-213.17%
10.27
+9.25%
9.40
Other Non Operating Income Expenses
-7.07
+39.20%
-11.62
-213.17%
10.27
+9.25%
9.40
Tax Provision
136.14
-19.35%
168.80
+3.95%
162.39
+6.81%
152.04
Tax Rate For Calcs
0.00
+40.87%
0.00
-0.40%
0.00
+5.86%
0.00
Tax Effect Of Unusual Items
-50.15
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Net Income From Continuing Operation Net Minority Interest
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Net Income From Continuing And Discontinued Operation
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Net Income Continuous Operations
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Normalized Income
338.40
-32.39%
500.56
+4.46%
479.20
-1.15%
484.76
Net Income Common Stockholders
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Diluted EPS
1.68
-47.66%
3.21
+6.29%
3.02
-0.33%
3.03
Basic EPS
1.68
-47.83%
3.22
+6.27%
3.03
-0.66%
3.05
Basic Average Shares
147.26
-5.20%
155.33
-1.82%
158.22
-0.37%
158.80
Diluted Average Shares
147.61
-5.41%
156.06
-1.67%
158.71
-0.67%
159.77
Diluted NI Availto Com Stockholders
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Depreciation Amortization Depletion Income Statement
291.35
+6.95%
272.42
+6.61%
255.53
+4.75%
243.95
Depreciation And Amortization In Income Statement
291.35
+6.95%
272.42
+6.61%
255.53
+4.75%
243.95
Provision For Doubtful Accounts
391.20
+16.88%
334.70
+7.79%
310.50
-2.05%
317.00
Rent And Landing Fees
305.50
+7.08%
285.30
+5.12%
271.40
+1.53%
267.30
Rent Expense Supplemental
305.50
+7.08%
285.30
+5.12%
271.40
+1.53%
267.30
Total Other Finance Cost
43.10
-46.99%
81.30
+5.72%
76.90
+6.22%
72.40
Line Item Trend 2026-02-28 2025-02-28 2024-02-29 2023-02-28
Total Assets
26,367.90
-3.78%
27,404.21
+0.76%
27,196.80
+3.87%
26,182.74
Current Assets
5,310.40
+4.58%
5,077.64
-2.85%
5,226.59
+3.67%
5,041.37
Cash Cash Equivalents And Short Term Investments
122.83
-50.26%
246.96
-56.99%
574.14
+82.41%
314.76
Cash And Cash Equivalents
122.83
-50.26%
246.96
-56.99%
574.14
+82.41%
314.76
Receivables
204.45
+8.33%
188.73
-14.66%
221.15
-25.98%
298.78
Accounts Receivable
204.45
+8.33%
188.73
-14.66%
221.15
-25.98%
298.78
Inventory
4,137.01
+5.14%
3,934.62
+6.98%
3,678.07
-1.29%
3,726.14
Restricted Cash
592.03
+5.89%
559.12
+10.36%
506.65
+7.59%
470.89
Assets Held For Sale Current
100.49
0.00
—
—
Other Current Assets
153.59
+3.64%
148.20
-39.90%
246.58
+6.84%
230.79
Total Non Current Assets
21,057.50
-5.68%
22,326.57
+1.62%
21,970.20
+3.92%
21,141.37
Net PPE
4,529.81
+4.49%
4,335.19
+3.56%
4,186.25
+5.27%
3,976.59
Gross PPE
6,747.29
+6.26%
6,349.75
+5.83%
6,000.03
+7.31%
5,591.52
Accumulated Depreciation
-2,217.49
-10.07%
-2,014.56
-11.07%
-1,813.78
-12.31%
-1,614.92
Properties
0.00
0.00
0.00
0.00
Land And Improvements
1,291.88
+7.61%
1,200.49
+1.38%
1,184.15
+17.18%
1,010.50
Buildings And Improvements
2,929.61
+9.24%
2,681.93
+2.65%
2,612.75
+6.43%
2,454.94
Machinery Furniture Equipment
1,210.67
+12.22%
1,078.84
+10.91%
972.68
+11.24%
874.38
Construction In Progress
260.01
-13.37%
300.14
+155.76%
117.35
-25.22%
156.93
Other Properties
679.32
-5.85%
721.52
-3.96%
751.25
+1.82%
737.79
Leases
375.80
+2.44%
366.84
+1.38%
361.85
+1.37%
356.97
Goodwill And Other Intangible Assets
0.00
-100.00%
141.26
+0.00%
141.26
+0.00%
141.26
Goodwill
0.00
-100.00%
141.26
+0.00%
141.26
+0.00%
141.26
Non Current Deferred Assets
78.48
-44.08%
140.33
+42.05%
98.79
+22.36%
80.74
Non Current Deferred Taxes Assets
78.48
-44.08%
140.33
+42.05%
98.79
+22.36%
80.74
Other Non Current Assets
496.92
+6.41%
467.00
-12.23%
532.06
-11.47%
600.99
Total Liabilities Net Minority Interest
20,479.05
-3.22%
21,161.22
+0.18%
21,123.06
+2.69%
20,569.66
Current Liabilities
2,414.80
+9.87%
2,197.97
-4.94%
2,312.29
+19.29%
1,938.31
Payables
1,119.99
+5.13%
1,065.37
+14.10%
933.71
+12.96%
826.59
Accounts Payable
1,117.98
+14.33%
977.85
+4.73%
933.71
+12.96%
826.59
Current Accrued Expenses
475.50
-10.27%
529.93
+1.14%
523.97
+9.40%
478.96
Total Tax Payable
2.02
-97.69%
87.53
0.00
—
Income Tax Payable
2.02
-97.69%
87.53
0.00
—
Current Debt And Capital Lease Obligation
819.32
+35.95%
602.67
-29.48%
854.61
+35.06%
632.75
Other Current Borrowings
761.97
+40.24%
543.34
-31.87%
797.45
+37.62%
579.47
Current Capital Lease Obligation
57.34
-3.36%
59.34
+3.80%
57.16
+7.27%
53.29
Total Non Current Liabilities Net Minority Interest
18,064.24
-4.74%
18,963.25
+0.81%
18,810.77
+0.96%
18,631.35
Long Term Debt And Capital Lease Obligation
17,725.24
-4.80%
18,619.30
+0.89%
18,455.87
+0.86%
18,298.97
Long Term Debt
17,260.55
-4.83%
18,137.34
+0.99%
17,959.66
+1.04%
17,775.14
Long Term Capital Lease Obligation
464.70
-3.58%
481.96
-2.87%
496.21
-5.27%
523.83
Other Non Current Liabilities
339.00
-1.44%
343.94
-3.09%
354.90
+6.78%
332.38
Stockholders Equity
5,888.86
-5.67%
6,242.99
+2.79%
6,073.74
+8.21%
5,613.08
Common Stock Equity
5,888.86
-5.67%
6,242.99
+2.79%
6,073.74
+8.21%
5,613.08
Capital Stock
70.90
-7.51%
76.66
-2.72%
78.81
-0.30%
79.04
Common Stock
70.90
-7.51%
76.66
-2.72%
78.81
-0.30%
79.04
Share Issued
141.80
-7.51%
153.32
-2.72%
157.61
-0.30%
158.08
Ordinary Shares Number
141.80
-7.51%
153.32
-2.72%
157.61
-0.30%
158.08
Additional Paid In Capital
1,810.22
-4.27%
1,891.01
+4.55%
1,808.75
+5.58%
1,713.07
Retained Earnings
4,041.86
-5.39%
4,272.24
+3.52%
4,126.91
+10.85%
3,723.09
Gains Losses Not Affecting Retained Earnings
-34.13
-1207.99%
3.08
-94.80%
59.28
-39.43%
97.87
Other Equity Adjustments
-34.13
-1207.99%
3.08
-94.80%
59.28
-39.43%
97.87
Total Equity Gross Minority Interest
5,888.86
-5.67%
6,242.99
+2.79%
6,073.74
+8.21%
5,613.08
Total Capitalization
23,149.40
-5.05%
24,380.33
+1.44%
24,033.40
+2.76%
23,388.21
Working Capital
2,895.60
+0.55%
2,879.66
-1.19%
2,914.30
-6.08%
3,103.06
Invested Capital
23,911.38
-4.06%
24,923.67
+0.37%
24,830.85
+3.60%
23,967.68
Total Debt
18,544.56
-3.52%
19,221.98
-0.46%
19,310.48
+2.00%
18,931.72
Net Debt
17,899.69
-2.90%
18,433.72
+1.38%
18,182.96
+0.79%
18,039.85
Capital Lease Obligations
522.04
-3.56%
541.30
-2.18%
553.37
-4.11%
577.12
Net Tangible Assets
5,888.86
-3.49%
6,101.73
+2.85%
5,932.48
+8.42%
5,471.82
Tangible Book Value
5,888.86
-3.49%
6,101.73
+2.85%
5,932.48
+8.42%
5,471.82
Non Current Note Receivables
15,952.29
-7.48%
17,242.79
+1.36%
17,011.84
+4.10%
16,341.79
Line Item Trend 2026-02-28 2025-02-28 2024-02-29 2023-02-28
Operating Cash Flow
1,783.85
+185.67%
624.44
+36.16%
458.62
-64.26%
1,283.33
Cash Flow From Continuing Operating Activities
1,783.85
+185.67%
624.44
+36.16%
458.62
-64.26%
1,283.33
Net Income From Continuing Operations
247.29
-50.60%
500.56
+4.46%
479.20
-1.15%
484.76
Depreciation Amortization Depletion
345.96
+17.35%
294.80
+13.20%
260.41
-1.81%
265.22
Depreciation And Amortization
345.96
+17.35%
294.80
+13.20%
260.41
-1.81%
265.22
Other Non Cash Items
918.27
+4318.81%
20.78
+124.61%
9.25
+93.84%
4.77
Stock Based Compensation
99.02
-26.49%
134.71
+12.52%
119.72
+39.87%
85.59
Provisionand Write Offof Assets
467.03
+8.02%
432.37
+10.63%
390.83
-5.86%
415.15
Asset Impairment Charge
141.26
0.00
0.00
—
Deferred Tax
73.80
+411.08%
-23.72
-394.25%
-4.80
+26.72%
-6.55
Deferred Income Tax
73.80
+411.08%
-23.72
-394.25%
-4.80
+26.72%
-6.55
Change In Working Capital
-508.78
+30.78%
-735.05
+7.66%
-796.00
-2415.23%
34.38
Change In Receivables
-147.52
+72.33%
-533.19
+40.95%
-902.94
+18.43%
-1,106.90
Changes In Account Receivables
-15.72
-148.49%
32.42
-58.24%
77.63
-70.39%
262.20
Change In Inventory
-202.38
+21.11%
-256.55
-633.68%
48.07
-96.56%
1,398.43
Change In Payables And Accrued Expense
-43.78
-161.05%
71.71
-39.49%
118.51
+159.95%
-197.69
Change In Payable
-43.78
-161.05%
71.71
-39.49%
118.51
+159.95%
-197.69
Change In Account Payable
-43.78
-161.05%
71.71
-39.49%
118.51
+159.95%
-197.69
Change In Other Current Assets
-39.77
-144.22%
89.93
+245.40%
26.04
-48.88%
50.94
Change In Other Current Liabilities
-75.32
+29.57%
-106.95
-24.83%
-85.68
+22.39%
-110.39
Investing Cash Flow
-540.04
-17.15%
-461.00
+1.28%
-467.00
-9.68%
-425.77
Cash Flow From Continuing Investing Activities
-540.04
-17.15%
-461.00
+1.28%
-467.00
-9.68%
-425.77
Net PPE Purchase And Sale
0.42
+25.53%
0.33
-75.35%
1.35
-73.97%
5.19
Sale Of PPE
0.42
+25.53%
0.33
-75.35%
1.35
-73.97%
5.19
Capital Expenditure
-540.99
-15.61%
-467.94
-0.57%
-465.31
-10.08%
-422.71
Capital Expenditure Reported
-540.99
-15.61%
-467.94
-0.57%
-465.31
-10.08%
-422.71
Net Investment Purchase And Sale
-7.01
-206.19%
6.60
+317.09%
-3.04
+63.11%
-8.25
Purchase Of Investment
-10.01
+6.81%
-10.74
-73.39%
-6.19
+50.56%
-12.53
Sale Of Investment
2.99
-82.74%
17.34
+450.36%
3.15
-26.38%
4.28
Net Business Purchase And Sale
—
—
0.00
0.00
Purchase Of Business
—
—
0.00
0.00
Net Other Investing Changes
7.54
—
—
—
Financing Cash Flow
-1,341.26
-195.73%
-453.54
-247.35%
307.79
+143.34%
-710.18
Cash Flow From Continuing Financing Activities
-1,341.26
-195.73%
-453.54
-247.35%
307.79
+143.34%
-710.18
Net Issuance Payments Of Debt
-682.60
-779.95%
-77.57
-120.48%
378.74
+201.39%
-373.56
Issuance Of Debt
14,598.77
+8.21%
13,491.29
+7.80%
12,514.65
-27.89%
17,354.60
Repayment Of Debt
-15,281.37
-12.62%
-13,568.86
-11.81%
-12,135.91
+31.54%
-17,728.16
Long Term Debt Issuance
14,598.77
+8.21%
13,491.29
+7.80%
12,514.65
-27.89%
17,354.60
Long Term Debt Payments
-15,281.37
-12.62%
-13,568.86
-11.81%
-12,135.91
+31.54%
-17,728.16
Net Long Term Debt Issuance
-682.60
-779.95%
-77.57
-120.48%
378.74
+201.39%
-373.56
Short Term Debt Payments
—
—
—
0.00
Net Short Term Debt Issuance
—
—
—
0.00
Net Common Stock Issuance
-634.44
-78.86%
-354.71
-619.21%
-49.32
+84.43%
-316.84
Common Stock Payments
-642.79
-50.02%
-428.45
-355.38%
-94.09
+71.82%
-333.93
Repurchase Of Capital Stock
-642.79
-50.02%
-428.45
-355.38%
-94.09
+71.82%
-333.93
Net Other Financing Charges
-24.23
-13.99%
-21.25
+1.76%
-21.63
-9.36%
-19.78
Changes In Cash
-97.46
+66.40%
-290.10
-196.89%
299.41
+103.14%
147.39
Beginning Cash Position
960.31
-23.20%
1,250.41
+31.48%
951.00
+18.34%
803.62
End Cash Position
862.85
-10.15%
960.31
-23.20%
1,250.41
+31.48%
951.00
Free Cash Flow
1,242.86
+694.16%
156.50
+2439.31%
-6.69
-100.78%
860.62
Interest Paid Supplemental Data
106.45
+1.45%
104.93
-15.06%
123.55
+1.14%
122.15
Income Tax Paid Supplemental Data
171.83
+146.88%
69.60
-57.72%
164.61
+7.85%
152.63
Common Stock Issuance
8.35
-88.68%
73.74
+64.73%
44.77
+161.90%
17.09
Issuance Of Capital Stock
8.35
-88.68%
73.74
+64.73%
44.77
+161.90%
17.09
Sale Of Business
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
Posts
Published Title Author Category