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CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
52.61
-1.18 (-2.19%)
At close: Oct 9, 2026, 4:00 PM EDT
52.28
-0.33 (-0.63%)
After-hours: Oct 9, 2026, 7:30 PM EDT

CarMax Cash Flow Statement

Millions USD. Fiscal year is Mar - Feb.

Operating Activities

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Net Income
165.29185.63-120.6862.2295.38210.3889.87125.44132.81152.4450.2782118.64228.369.0137.58125.91252.27159.84269.44
Depreciation & Amortization
95.292.993.7688.4883.9379.7877.4775.3772.7269.2466.8966.5663.976349.3464.7567.4370.4766.771.52
Other Amortization
--------------13.23---5.67-
Asset Writedown & Restructuring Costs
--141.26-----------------
Stock-Based Compensation
32.3641.9511.6616.1124.2746.9827.5924.4234.6148.129.2421.0333.0636.3820.6217.9624.5722.440.2436.18
Other Operating Activities
558.7821.9243.92938.2756.8228.933.5321.6814.724.8541.9318.614.319.929.7416.921.148.6226.438.86
Change in Accounts Receivable
39.98-59.47-53.3522.4526.75-11.5712.5526.83-15.748.78-8.7559.4749.35-22.44-51.99155.66208.14-49.62.15-45.88
Change in Inventory
207.9874.24-1,00921.62474.78310.27-269.46-267.42375.14-94.82-39.12200.34241.93-355.08-311.211,25719.4433.48-465.11-554.02
Change in Accounts Payable
6.71-58.27277.23-90.55-88.6-141.8765.02-16.7898.68-75.21178.88-192.93-106.71239.28-2.53-120.17-180.43105.454.6354.93
Change in Other Net Operating Assets
-336.76-376.89-12.87121.04-30.03-325.0441.56-85.5-206.38-332.31-81.26-113.26-370.16-475.53-273-332.57-412.97-410.02-321.7-614.59
Operating Cash Flow
882.9317.59-554.271,253785.49299.54146.38-23.35619.1-117.69309.64210.1124.17-185.29-378.751,182-51.36530.95-466.81-697.32
Operating Cash Flow Growth (YoY)
12.40%-94.13%--26.88%--52.73%-398.61%---82.23%--------

Investing Activities

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Capital Expenditures
-77.11-103.34-133.03-139.76-131.47-136.74-127.62-127.2-109.21-103.91-109.87-145.28-73.45-136.72-103.22-115.02-109.66-94.81-81.63-89.07
Sale of Property, Plant & Equipment
0.190.060.030.040.30.050.180.020.1300.050.050.081.171.383.720.08---
Divestitures
------------------0.0111.68
Investment in Securities
0.23-0.82-0.18-2.22-0.11-4.514.36-5.29-0.51-1.960.04-0.25-1.62-1.21-5.27-0.041.29-4.23-9.4524.94
Other Investing Activities
6.064.474.413.13----------------
Investing Cash Flow
-70.63-99.63-128.77-138.81-131.28-141.19-113.08-132.46-109.59-105.87-109.78-145.47-74.99-136.76-107.11-111.34-108.28-99.04-91.06-52.45

Financing Activities

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Long-Term Debt Issued
-4,779---4,076---3,676---3,225---4,613--
Total Debt Issued
5,0374,7794,9352,7292,8594,0763,7362,7843,2953,6763,2802,9203,0903,2253,1393,5726,0314,6134,9916,571
Long-Term Debt Repaid
--4,680----4,001----3,684----2,911----4,904--
Total Debt Repaid
-5,799-4,680-4,242-4,027-3,012-4,001-3,720-2,791-3,374-3,684-3,450-2,905-2,869-2,911-3,020-4,064-5,739-4,904-4,292-5,724
Net Debt Issued (Repaid)
-762.5198.88693.1-1,298-153.0775.1716.06-6.56-79-8.08-170.0114.53221.08313.15119.15-492.61291.38-291.49699.62847.92
Issuance of Common Stock
0.08---0.028.3338.375.0722.098.2116.340.926.550.993.590.229.843.443.516.22
Repurchase of Common Stock
-0.31-2.31-54.35-203.57-180.85-204.03-98.87-116.28-106.46-106.85-49.8-40.14-0.21-3.93-0.12-8.65-162.19-162.97-100.53-120.46
Other Financing Activities
-5.11-6.05-5.67-5.28-4.38-8.9-4.39-3.88-7.32-5.67-6.06-4.93-7.04-3.61-5.79-3.75-6.3-3.94-5.66-4.93
Financing Cash Flow
-767.8590.52633.08-1,507-338.28-129.43-48.83-121.64-170.68-112.38-209.53-29.65240.37306.6116.83-504.78132.73-454.96596.93738.77

Net Cash Flow

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Net Cash Flow
44.458.48-49.95-392.37315.9428.93-15.53-277.46338.83-335.94-9.6734.98289.54-15.45-369.03566.37-26.91-23.0439.06-11.01

Free Cash Flow

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Free Cash Flow
805.83-85.75-687.291,113654.03162.8118.76-150.55509.89-221.6199.7764.8250.72-322-481.971,067-161.02436.14-548.44-786.39
Free Cash Flow Growth (YoY)
23.21%---28.27%--90.61%-905.37%---93.93%--------
Free Cash Flow Margin
9.66%-1.01%-10.75%17.82%9.23%2.03%0.29%-2.25%6.82%-2.93%3.30%0.99%0.68%-3.98%-7.91%15.53%-1.89%4.52%-6.84%-8.88%
Free Cash Flow Per Share
5.66-0.60-4.847.634.371.070.12-0.973.26-1.411.260.410.32-2.03-3.046.73-1.002.70-3.35-4.77
Levered Free Cash Flow
961.45-390.12-880.92941.89169.14-318.79-143.8-136.26655.93-20.8824.26193.63255.09-15.78-397.41,406123.62736.34-433.29-281.06
Unlevered Free Cash Flow
981.34-368.99-862.95958.22186.93-301.88-128.72-120.38672.82-1.2743.91213.17274.833.26-379.441,425144.08754.32-416.51-265.87

Additional Metrics

Fiscal Quarter
Q2 2027Q1 2027Q4 2026Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022
Period Ending
Aug '26 May '26 Feb '26 Nov '25 Aug '25 May '25 Feb '25 Nov '24 Aug '24 May '24 Feb '24 Nov '23 Aug '23 May '23 Feb '23 Nov '22 Aug '22 May '22 Feb '22 Nov '21
Cash Interest Paid
--106.45---104.93---123.55---122.15---91.69-
Cash Income Tax Paid
--171.83---69.6---164.61---152.63---373.23-
Change in Working Capital
-82.09-420.39-798.0474.57382.9-168.21-150.33-342.87251.7-493.5549.75-46.38-185.59-613.77-638.73959.66-365.8779.31-780.02-1,160
SEC Filings: 10-K · 10-Q