KMX: Carmax Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Carmax Inc (KMX).
$12.76B Market Cap.
KMX Market Cap. (MRY)
KMX Shares Outstanding (MRY)
KMX Assets (MRY)
Total Assets
$27.40B
Total Liabilities
$21.16B
Total Investments
$17.80B
KMX Income (MRY)
Revenue
$26.35B
Net Income
$500.56M
Operating Expense
$2.11B
KMX Cash Flow (MRY)
CF Operations
$624.44M
CF Investing
-$461.00M
CF Financing
-$453.54M
KMX Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $27,404,206,000 (0.76%) | $27,196,797,000 (3.87%) | $26,182,736,000 (-0.59%) | $26,338,264,000 (22.27%) |
Assets Current | $5,077,636,000 (-2.85%) | $5,226,594,000 (3.67%) | $5,041,367,000 (-23.02%) | $6,549,290,000 (59.09%) |
Assets Non-Current | $22,326,570,000 (1.62%) | $21,970,203,000 (3.92%) | $21,141,369,000 (6.83%) | $19,788,974,000 (13.57%) |
Goodwill & Intangible Assets | $141,258,000 (0.00%) | $141,258,000 (0.00%) | $141,258,000 (0.00%) | $141,258,000 (21532.16%) |
Shareholders Equity | $6,242,988,000 (2.79%) | $6,073,740,000 (8.21%) | $5,613,077,000 (7.21%) | $5,235,439,000 (19.95%) |
Property Plant & Equipment Net | $4,335,188,000 (3.56%) | $4,186,247,000 (5.27%) | $3,976,591,000 (6.14%) | $3,746,425,000 (7.43%) |
Cash & Equivalents | $246,960,000 (-56.99%) | $574,142,000 (82.41%) | $314,758,000 (206.44%) | $102,716,000 (-22.37%) |
Accumulated Other Comprehensive Income | $3,080,000 (-94.80%) | $59,279,000 (-39.43%) | $97,869,000 (310.82%) | -$46,422,000 (60.89%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $17,801,907,000 (1.62%) | $17,518,492,000 (4.20%) | $16,812,680,000 (6.16%) | $15,837,800,000 (13.24%) |
Investments Current | $559,118,000 (10.36%) | $506,648,000 (7.59%) | $470,889,000 (-14.09%) | $548,099,000 (10.41%) |
Investments Non-Current | $17,242,789,000 (1.36%) | $17,011,844,000 (4.10%) | $16,341,791,000 (6.88%) | $15,289,701,000 (13.34%) |
Inventory | $3,934,622,000 (6.98%) | $3,678,070,000 (-1.29%) | $3,726,142,000 (-27.29%) | $5,124,569,000 (62.32%) |
Trade & Non-Trade Receivables | $188,733,000 (-14.66%) | $221,153,000 (-25.98%) | $298,783,000 (-46.74%) | $560,984,000 (134.65%) |
Trade & Non-Trade Payables | $977,845,000 (4.73%) | $933,708,000 (12.96%) | $826,592,000 (-11.85%) | $937,717,000 (17.31%) |
Accumulated Retained Earnings (Deficit) | $4,272,236,000 (3.52%) | $4,126,909,000 (10.85%) | $3,723,094,000 (5.65%) | $3,524,066,000 (22.03%) |
Tax Assets | $140,332,000 (42.05%) | $98,790,000 (22.36%) | $80,740,000 (-33.23%) | $120,931,000 (-26.38%) |
Tax Liabilities | $87,526,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $19,221,977,000 (-0.46%) | $19,310,476,000 (2.00%) | $18,931,720,000 (-1.78%) | $19,274,757,000 (24.14%) |
Debt Current | $602,674,000 (-29.48%) | $854,610,000 (35.06%) | $632,755,000 (9.76%) | $576,469,000 (19.22%) |
Debt Non-Current | $18,619,303,000 (0.89%) | $18,455,866,000 (0.86%) | $18,298,965,000 (-2.14%) | $18,698,288,000 (24.29%) |
Total Liabilities | $21,161,218,000 (0.18%) | $21,123,057,000 (2.69%) | $20,569,659,000 (-2.53%) | $21,102,825,000 (22.86%) |
Liabilities Current | $2,197,971,000 (-4.94%) | $2,312,289,000 (19.29%) | $1,938,311,000 (-5.33%) | $2,047,457,000 (20.54%) |
Liabilities Non-Current | $18,963,247,000 (0.81%) | $18,810,768,000 (0.96%) | $18,631,348,000 (-2.23%) | $19,055,368,000 (23.11%) |
KMX Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $26,353,420,000 (-0.69%) | $26,536,040,000 (-10.61%) | $29,684,873,000 (-6.95%) | $31,900,412,000 (68.34%) |
Cost of Revenue | $23,455,519,000 (-1.54%) | $23,822,831,000 (-11.39%) | $26,884,670,000 (-6.04%) | $28,612,870,000 (72.67%) |
Selling General & Administrative Expense | $2,435,404,000 (6.52%) | $2,286,378,000 (-8.08%) | $2,487,357,000 (6.97%) | $2,325,220,000 (36.42%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $2,108,976,000 (7.76%) | $1,957,135,000 (-4.64%) | $2,052,402,000 (18.25%) | $1,735,669,000 (29.92%) |
Interest Expense | $107,941,000 (-13.47%) | $124,750,000 (3.61%) | $120,398,000 (27.95%) | $94,095,000 (9.19%) |
Income Tax Expense | $168,804,000 (3.95%) | $162,391,000 (6.81%) | $152,042,000 (-55.42%) | $341,049,000 (56.20%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $500,556,000 (4.46%) | $479,204,000 (-1.15%) | $484,762,000 (-57.89%) | $1,151,297,000 (54.14%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $500,556,000 (4.46%) | $479,204,000 (-1.15%) | $484,762,000 (-57.89%) | $1,151,297,000 (54.14%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $500,556,000 (4.46%) | $479,204,000 (-1.15%) | $484,762,000 (-57.89%) | $1,151,297,000 (54.14%) |
Weighted Average Shares | $155,330,000 (-1.82%) | $158,216,000 (-0.37%) | $158,800,000 (-2.22%) | $162,410,000 (-0.47%) |
Weighted Average Shares Diluted | $156,061,000 (-1.67%) | $158,707,000 (-0.67%) | $159,771,000 (-3.27%) | $165,176,000 (0.03%) |
Earning Before Interest & Taxes (EBIT) | $777,301,000 (1.43%) | $766,345,000 (1.21%) | $757,202,000 (-52.27%) | $1,586,441,000 (50.88%) |
Gross Profit | $2,897,901,000 (6.81%) | $2,713,209,000 (-3.11%) | $2,800,203,000 (-14.82%) | $3,287,542,000 (38.18%) |
Operating Income | $788,925,000 (4.34%) | $756,074,000 (1.11%) | $747,801,000 (-51.81%) | $1,551,873,000 (48.77%) |
KMX Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$461,002,000 (1.28%) | -$466,998,000 (-9.68%) | -$425,766,000 (18.71%) | -$523,745,000 (-308.59%) |
Net Cash Flow from Financing | -$453,537,000 (-247.35%) | $307,787,000 (143.34%) | -$710,180,000 (-122.87%) | $3,104,866,000 (832.25%) |
Net Cash Flow from Operations | $624,439,000 (36.16%) | $458,617,000 (-64.26%) | $1,283,332,000 (150.34%) | -$2,549,450,000 (-481.79%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$290,100,000 (-196.89%) | $299,406,000 (103.14%) | $147,386,000 (365.37%) | $31,671,000 (-72.59%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | -$229,265,000 (-866.49%) |
Net Cash Flow - Investment Acquisitions and Disposals | $6,604,000 (317.09%) | -$3,042,000 (63.11%) | -$8,246,000 (-159.78%) | $13,794,000 (200.13%) |
Capital Expenditure | -$467,606,000 (-0.79%) | -$463,956,000 (-11.12%) | -$417,520,000 (-35.44%) | -$308,274,000 (-89.49%) |
Issuance (Repayment) of Debt Securities | -$98,825,000 (-127.67%) | $357,107,000 (190.79%) | -$393,341,000 (-110.92%) | $3,601,539,000 (1167.98%) |
Issuance (Purchase) of Equity Shares | -$354,712,000 (-619.21%) | -$49,320,000 (84.43%) | -$316,839,000 (36.21%) | -$496,673,000 (-472.27%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $134,709,000 (12.52%) | $119,720,000 (39.87%) | $85,592,000 (-21.62%) | $109,197,000 (-10.42%) |
Depreciation Amortization & Accretion | $294,801,000 (13.20%) | $260,414,000 (-1.81%) | $265,224,000 (-2.92%) | $273,188,000 (12.81%) |
KMX Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 11.00% (7.84%) | 10.20% (8.51%) | 9.40% (-8.74%) | 10.30% (-18.25%) |
Profit Margin | 1.90% (5.56%) | 1.80% (12.50%) | 1.60% (-55.56%) | 3.60% (-7.69%) |
EBITDA Margin | 4.10% (5.13%) | 3.90% (14.71%) | 3.40% (-41.38%) | 5.80% (-14.71%) |
Return on Average Equity (ROAE) | 8.10% (1.25%) | 8.00% (-9.09%) | 8.80% (-61.90%) | 23.10% (24.19%) |
Return on Average Assets (ROAA) | 1.80% (0.00%) | 1.80% (0.00%) | 1.80% (-60.87%) | 4.60% (27.78%) |
Return on Sales (ROS) | 2.90% (0.00%) | 2.90% (11.54%) | 2.60% (-48.00%) | 5.00% (-9.09%) |
Return on Invested Capital (ROIC) | 1.80% (0.00%) | 1.80% (0.00%) | 1.80% (-53.85%) | 3.90% (30.00%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 25.77 (-1.17%) | 26.07 (15.18%) | 22.64 (46.80%) | 15.42 (-40.91%) |
Price to Sales Ratio (P/S) | 0.49 (3.82%) | 0.47 (27.64%) | 0.37 (-33.75%) | 0.56 (-45.87%) |
Price to Book Ratio (P/B) | 2.04 (-0.49%) | 2.05 (5.66%) | 1.94 (-42.42%) | 3.38 (-24.15%) |
Debt to Equity Ratio (D/E) | 3.39 (-2.53%) | 3.48 (-5.10%) | 3.67 (-9.08%) | 4.03 (2.44%) |
Earnings Per Share (EPS) | 3.22 (6.27%) | 3.03 (-0.66%) | 3.05 (-56.98%) | 7.09 (54.80%) |
Sales Per Share (SPS) | 169.66 (1.16%) | 167.72 (-10.28%) | 186.93 (-4.83%) | 196.42 (69.14%) |
Free Cash Flow Per Share (FCFPS) | 1.01 (3070.59%) | -0.03 (-100.62%) | 5.45 (130.98%) | -17.6 (-668.53%) |
Book Value Per Share (BVPS) | 40.19 (4.70%) | 38.39 (8.61%) | 35.35 (9.65%) | 32.24 (20.52%) |
Tangible Assets Book Value Per Share (TABVPS) | 175.52 (2.64%) | 171 (4.28%) | 163.99 (1.67%) | 161.3 (22.19%) |
Enterprise Value Over EBIT (EV/EBIT) | 41 (0.00%) | 41 (7.89%) | 38 (65.22%) | 23 (-30.30%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 29.57 (-3.18%) | 30.54 (7.64%) | 28.37 (45.79%) | 19.46 (-27.19%) |
Asset Turnover | 0.96 (-1.23%) | 0.98 (-13.69%) | 1.13 (-11.98%) | 1.29 (41.94%) |
Current Ratio | 2.31 (2.21%) | 2.26 (-13.11%) | 2.6 (-18.69%) | 3.2 (31.97%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $156,833,000 (3037.50%) | -$5,339,000 (-100.62%) | $865,812,000 (130.30%) | -$2,857,724,000 (-665.81%) |
Enterprise Value (EV) | $31,704,486,843 (1.10%) | $31,358,930,511 (8.10%) | $29,009,182,371 (-19.85%) | $36,191,732,750 (4.67%) |
Earnings Before Tax (EBT) | $669,360,000 (4.33%) | $641,595,000 (0.75%) | $636,804,000 (-57.33%) | $1,492,346,000 (54.61%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $1,072,102,000 (4.42%) | $1,026,759,000 (0.42%) | $1,022,426,000 (-45.02%) | $1,859,629,000 (43.76%) |
Invested Capital | $44,039,994,000 (1.29%) | $43,479,584,000 (1.78%) | $42,720,129,000 (-1.39%) | $43,321,590,000 (22.94%) |
Working Capital | $2,879,665,000 (-1.19%) | $2,914,305,000 (-6.08%) | $3,103,056,000 (-31.07%) | $4,501,833,000 (86.16%) |
Tangible Asset Value | $27,262,948,000 (0.77%) | $27,055,539,000 (3.89%) | $26,041,478,000 (-0.59%) | $26,197,006,000 (21.62%) |
Market Capitalization | $12,760,783,843 (2.28%) | $12,475,775,511 (14.35%) | $10,909,942,371 (-38.28%) | $17,676,459,750 (-9.00%) |
Average Equity | $6,200,169,250 (3.57%) | $5,986,733,000 (9.27%) | $5,478,878,500 (9.78%) | $4,990,973,750 (24.35%) |
Average Assets | $27,309,811,000 (0.56%) | $27,158,141,000 (3.53%) | $26,232,728,500 (5.78%) | $24,799,923,500 (18.53%) |
Invested Capital Average | $43,978,998,750 (0.64%) | $43,698,883,250 (2.26%) | $42,733,794,500 (5.68%) | $40,435,495,500 (17.17%) |
Shares | 153,799,974 (-2.61%) | 157,921,209 (-0.06%) | 158,023,499 (-2.26%) | 161,679,866 (-0.53%) |
