CarMax, Inc. (KMX)
NYSE: KMX · Real-Time Price · USD
38.64
-0.67 (-1.70%)
At close: Dec 31, 2025, 4:00 PM EST
38.65
+0.01 (0.03%)
After-hours: Dec 31, 2025, 7:36 PM EST

CarMax Statistics

Total Valuation

CarMax has a market cap or net worth of $5.48 billion. The enterprise value is $23.32 billion.

Market Cap5.48B
Enterprise Value 23.32B

Important Dates

The last earnings date was Thursday, December 18, 2025, before market open.

Earnings Date Dec 18, 2025
Ex-Dividend Date n/a

Share Statistics

CarMax has 141.80 million shares outstanding. The number of shares has decreased by -3.96% in one year.

Current Share Class 141.80M
Shares Outstanding 141.80M
Shares Change (YoY) -3.96%
Shares Change (QoQ) -2.52%
Owned by Insiders (%) 0.51%
Owned by Institutions (%) 109.90%
Float 140.92M

Valuation Ratios

The trailing PE ratio is 12.70 and the forward PE ratio is 16.65. CarMax's PEG ratio is 2.35.

PE Ratio 12.70
Forward PE 16.65
PS Ratio 0.21
Forward PS 0.21
PB Ratio 0.91
P/TBV Ratio 0.93
P/FCF Ratio 2.81
P/OCF Ratio 2.21
PEG Ratio 2.35
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.05, with an EV/FCF ratio of 11.96.

EV / Earnings 50.93
EV / Sales 0.84
EV / EBITDA 22.05
EV / EBIT 32.03
EV / FCF 11.96

Financial Position

The company has a current ratio of 1.99, with a Debt / Equity ratio of 2.98.

Current Ratio 1.99
Quick Ratio 0.17
Debt / Equity 2.98
Debt / EBITDA 13.51
Debt / FCF 9.26
Interest Coverage 6.88

Financial Efficiency

Return on equity (ROE) is 7.46% and return on invested capital (ROIC) is 1.83%.

Return on Equity (ROE) 7.46%
Return on Assets (ROA) 1.72%
Return on Invested Capital (ROIC) 1.83%
Return on Capital Employed (ROCE) 3.10%
Revenue Per Employee $932,906
Profits Per Employee $15,345
Employee Count29,836
Asset Turnover 1.05
Inventory Turnover 6.79

Taxes

In the past 12 months, CarMax has paid $154.68 million in taxes.

Income Tax 154.68M
Effective Tax Rate 25.25%

Stock Price Statistics

The stock price has decreased by -52.91% in the last 52 weeks. The beta is 1.29, so CarMax's price volatility has been higher than the market average.

Beta (5Y) 1.29
52-Week Price Change -52.91%
50-Day Moving Average 38.73
200-Day Moving Average 56.44
Relative Strength Index (RSI) 46.72
Average Volume (20 Days) 4,187,058

Short Selling Information

The latest short interest is 13.25 million, so 9.34% of the outstanding shares have been sold short.

Short Interest 13.25M
Short Previous Month 14.68M
Short % of Shares Out 9.34%
Short % of Float 9.40%
Short Ratio (days to cover) 3.50

Income Statement

In the last 12 months, CarMax had revenue of $27.83 billion and earned $457.84 million in profits. Earnings per share was $3.04.

Revenue27.83B
Gross Profit 3.45B
Operating Income 727.96M
Pretax Income 612.52M
Net Income 457.84M
EBITDA 1.06B
EBIT 727.96M
Earnings Per Share (EPS) $3.04
Full Income Statement

Balance Sheet

The company has $204.94 million in cash and $18.04 billion in debt, giving a net cash position of -$17.84 billion or -$125.80 per share.

Cash & Cash Equivalents 204.94M
Total Debt 18.04B
Net Cash -17.84B
Net Cash Per Share -$125.80
Equity (Book Value) 6.06B
Book Value Per Share 42.39
Working Capital 2.09B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.48 billion and capital expenditures -$535.58 million, giving a free cash flow of $1.95 billion.

Operating Cash Flow 2.48B
Capital Expenditures -535.58M
Free Cash Flow 1.95B
FCF Per Share $13.74
Full Cash Flow Statement

Margins

Gross margin is 12.39%, with operating and profit margins of 2.62% and 1.64%.

Gross Margin 12.39%
Operating Margin 2.62%
Pretax Margin 2.20%
Profit Margin 1.64%
EBITDA Margin 3.80%
EBIT Margin 2.62%
FCF Margin 7.00%

Dividends & Yields

CarMax does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 3.96%
Shareholder Yield 3.96%
Earnings Yield 8.36%
FCF Yield 35.57%
Dividend Details

Analyst Forecast

The average price target for CarMax is $42.08, which is 8.90% higher than the current price. The consensus rating is "Hold".

Price Target $42.08
Price Target Difference 8.90%
Analyst Consensus Hold
Analyst Count 18
Revenue Growth Forecast (5Y) 0.09%
EPS Growth Forecast (5Y) 24.14%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on March 27, 2007. It was a forward split with a ratio of 2:1.

Last Split Date Mar 27, 2007
Split Type Forward
Split Ratio 2:1

Scores

CarMax has an Altman Z-Score of 1.82 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.82
Piotroski F-Score 7