Saturday 17 October 2026
Export KMX’s income statement to Excel — free account
CarMax, Inc.
KMX Consumer Cyclical Auto & Truck Dealerships
CarMax, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $25.9 billion, down 1.79% from fiscal 2025. In the quarter to August 2026, revenue grew 19.5%, EPS grew 82.0%, free cash flow grew 23.2% and total debt fell 6.82%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
53.33
0.71
+1.35%
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| Feb '18 | Feb '19 | Feb '20 | Feb '20 | Feb '21 | Feb '22 | Feb '23 | Feb '24 | Feb '25 | Feb '26 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 5 | 3 | 4 | 5 | 5 | 5 | 5 | 8 | 5 |
P/E ratio |
17.06 | 12.88 | 16.79 | 16.68 | 26.50 | 15.44 | 22.71 | 26.07 | 25.85 | 26.13 |
P/S ratio |
0.66 | 0.60 | 0.73 | 0.73 | 1.05 | 0.56 | 0.37 | 0.47 | 0.49 | 0.24 |
Altman Z-Score |
1.97 | 1.88 | 1.92 | 1.94 | 2.04 | 2.30 | 1.89 | 1.76 | 1.77 | 1.58 |
Altman Z″-Score (non-manufacturers) |
1.77 | 1.69 | 1.64 | 1.67 | 1.77 | 2.21 | 1.72 | 1.69 | 1.70 | 1.65 |
P/FCF ratio |
0.00 | 0.00 | 0.00 | 0.00 | 39.22 | 0.00 | 12.66 | 0.00 | 82.17 | 4.95 |
Beneish M-Score |
(2.38) | (2.27) | (1.91) | (1.89) | (2.19) | (0.74) | (3.01) | (2.76) | (2.69) | (2.73) |
P/Operating CF |
100.47 | 224.12 | 1,899.69 | (124.62) | (98.73) | (38.04) | (28.95) | 40.37 | 88.04 | (11.11) |
P/B ratio |
3.41 | 3.23 | 3.88 | 3.92 | 4.54 | 3.39 | 1.95 | 2.06 | 2.06 | 1.05 |
Price to Tangible BV |
3.41 | 3.23 | 3.88 | 3.92 | 4.54 | 3.49 | 2.00 | 2.11 | 2.11 | 1.07 |
EV/Sales |
1.38 | 1.33 | 1.45 | 1.44 | 1.78 | 1.11 | 0.95 | 1.12 | 1.15 | 0.89 |
EV/EBITDA |
18.00 | 17.60 | 20.07 | 20.09 | 26.30 | 19.34 | 27.70 | 29.21 | 27.90 | 23.20 |
EV/Operating CF |
(293.35) | 148.08 | (408.83) | (123.44) | 50.63 | (13.84) | 21.87 | 64.74 | 48.42 | 12.85 |
EV/FCF |
(62.63) | (171.19) | (74.83) | (51.37) | 66.94 | (12.35) | 32.41 | (5,561.19) | 192.79 | 18.44 |
Quick Ratio |
0.49 | 0.48 | 0.48 | 0.48 | 0.51 | 0.59 | 0.56 | 0.56 | 0.45 | 0.38 |
Current Ratio |
2.61 | 2.45 | 2.39 | 2.39 | 2.42 | 3.20 | 2.60 | 2.26 | 2.31 | 2.20 |
Net Debt/EBITDA |
9.65 | 9.70 | 18.96 | 9.91 | 10.89 | 9.61 | 16.88 | 16.91 | 16.01 | 16.96 |
Debt/Assets |
75.02% | 73.66% | 74.80% | 70.93% | 67.91% | 69.05% | 68.32% | 67.19% | 66.25% | 66.28% |
Debt/Equity |
3.96 | 4.11 | 4.23 | 3.97 | 3.35 | 3.47 | 3.19 | 3.01 | 2.91 | 2.97 |
Asset Turnover |
1.01 | 1.00 | 0.00 | 1.02 | 0.89 | 1.33 | 1.13 | 0.99 | 0.97 | 0.96 |
Operating CF/Net income |
(0.12) | 0.19 | (0.27) | (0.27) | 0.89 | (2.21) | 2.65 | 0.96 | 1.25 | 7.21 |
Capex/Depreciation |
(1.65) | (1.67) | 0.00 | (1.54) | (0.67) | (1.13) | (1.57) | (1.78) | (1.59) | (1.11) |
Interest Coverage |
16.02 | 15.69 | — | 14.92 | 12.10 | 16.49 | 6.21 | 6.06 | 7.31 | 4.54 |
| 20.67% | 25.25% | 0.00% | 24.94% | 18.37% | 23.99% | 8.94% | 8.20% | 8.13% | 4.08% | |
| 3.93% | 4.65% | 0.00% | 4.46% | 3.50% | 4.81% | 1.85% | 1.80% | 1.83% | 0.92% | |
ROIC |
4.43% | 4.46% | 0.00% | 4.26% | 3.55% | 4.26% | 2.06% | 2.03% | 2.09% | 1.38% |
Return on Tangible Assets |
14.58% | 17.81% | 15.73% | 17.09% | 13.65% | 14.93% | 7.42% | 7.28% | 7.45% | 3.55% |
Average Days of Receivables |
2.84 | 2.81 | 3.43 | 3.43 | 4.60 | 6.42 | 3.67 | 3.04 | 2.61 | 2.88 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
9.45% | 9.52% | 9.55% | 8.61% | 8.99% | 7.29% | 8.38% | 8.62% | 9.24% | 9.48% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
Share Based Compensation of Revenue |
0.36% | 0.41% | 0.00% | 0.54% | 0.64% | 0.34% | 0.29% | 0.45% | 0.51% | 0.38% |
Graham Net Nets |
(0.98) | (1.12) | (0.93) | (0.92) | (0.66) | (0.82) | (1.42) | (1.27) | (1.25) | (2.46) |
Graham Number |
38.51 | 45.68 | 0.00 | 52.61 | 52.50 | 71.66 | 49.17 | 51.16 | 53.88 | 37.94 |
Earnings Yield |
5.86% | 7.76% | 5.96% | 6.00% | 3.77% | 6.48% | 4.40% | 3.84% | 3.87% | 3.83% |
Free Cash Flow Yield |
(3.34%) | (1.30%) | (2.65%) | (3.84%) | 2.55% | (16.09%) | 7.90% | (0.04%) | 1.22% | 20.19% |
Revenue per Share |
93.73 | 104.17 | 123.15 | 123.27 | 116.13 | 196.42 | 186.93 | 167.72 | 169.66 | 175.75 |
Operating CF per Share |
(0.44) | 0.93 | (1.44) | (1.44) | 4.09 | (15.70) | 8.08 | 2.90 | 4.02 | 12.11 |
Capex per Share |
(1.62) | (1.74) | 0.00 | (2.01) | (1.00) | (1.90) | (2.63) | (2.93) | (3.01) | (3.67) |
Free Cash Flow per Share |
(2.07) | (0.81) | (1.44) | (3.45) | 3.10 | (17.60) | 5.45 | (0.03) | 1.01 | 8.44 |
Cash per Share |
2.43 | 2.79 | 3.27 | 3.27 | 3.85 | 4.01 | 4.95 | 6.83 | 5.19 | 4.85 |
Shareholders Equity per Share |
18.16 | 19.24 | 22.84 | 22.86 | 26.75 | 32.24 | 35.35 | 38.39 | 40.19 | 39.99 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
18.16 | 19.24 | 22.84 | 22.86 | 26.75 | 32.24 | 35.35 | 38.39 | 40.19 | 39.99 |
Free Cash Flow |
(377.27) | (140.97) | (237.00) | (568.50) | 505.07 | (2,857.72) | 865.81 | (5.34) | 156.83 | 1,243.28 |
Working Capital |
1,887.39 | 1,902.50 | 2,129.00 | 2,128.98 | 2,418.25 | 4,501.83 | 3,103.06 | 2,914.31 | 2,879.67 | 2,895.60 |
Capital Expenditures |
(296.72) | (303.94) | (332.00) | (331.89) | (162.69) | (308.27) | (417.52) | (463.96) | (467.61) | (540.57) |
Net Current Asset Value |
(11,107.98) | (12,146.83) | (13,869.00) | (13,649.62) | (13,060.13) | (14,553.53) | (15,528.29) | (15,896.47) | (16,083.58) | (15,168.65) |
EV/EBIT |
20.86 | 20.30 | 23.46 | 23.59 | 32.41 | 22.74 | 37.53 | 39.27 | 38.33 | 45.76 |
Capex to Sales |
0.02 | 0.02 | 0.00 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
Price to Operating Income |
9.98 | 9.11 | 11.83 | 11.95 | 18.99 | 11.44 | 14.66 | 16.53 | 16.34 | 12.29 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.07 | 0.06 | 0.06 | 0.07 | 0.08 | 0.09 | 0.08 | 0.07 | 0.08 | 0.12 |
Cash ROIC |
(2.24%) | (0.80%) | (1.17%) | (2.95%) | 2.57% | (11.87%) | 3.57% | (0.02%) | 0.62% | 5.16% |
Accounts Receivable Turnover |
119.84 | 133.05 | 0.00 | 122.80 | 88.11 | 79.75 | 69.05 | 102.07 | 128.59 | 131.65 |
Accounts Payable Turnover |
28.87 | 27.95 | 0.00 | 26.46 | 21.57 | 32.94 | 30.48 | 27.07 | 24.54 | 22.02 |
Inventory Turnover |
6.36 | 6.39 | 0.00 | 6.56 | 5.52 | 6.91 | 6.08 | 6.43 | 6.16 | 5.72 |
Average Days of Payables |
13.07 | 13.80 | 15.29 | 15.29 | 17.61 | 11.96 | 11.22 | 14.31 | 15.22 | 17.68 |
Days of Inventory on Hand |
58.99 | 58.60 | 59.03 | 59.04 | 69.54 | 65.37 | 50.59 | 56.35 | 61.23 | 65.44 |
Average Receivables |
142.85 | 136.59 | 165.43 | 165.47 | 215.08 | 400.03 | 429.88 | 259.97 | 204.94 | 196.59 |
Average Payables |
512.36 | 561.45 | 665.09 | 665.16 | 768.24 | 868.53 | 882.15 | 880.15 | 955.78 | 1,047.91 |
Average Inventory |
2,325.63 | 2,455.07 | 2,682.73 | 2,682.94 | 3,001.79 | 4,140.86 | 4,425.36 | 3,702.11 | 3,806.35 | 4,035.81 |
Average Assets |
16,882.82 | 18,102.07 | 20,009.94 | 19,900.03 | 21,311.86 | 23,939.90 | 26,260.50 | 26,689.77 | 27,300.51 | 26,886.06 |
Average Common Equity |
3,212.71 | 3,336.94 | 3,563.01 | 3,562.95 | 4,066.74 | 4,800.03 | 5,424.26 | 5,843.41 | 6,158.36 | 6,065.92 |
Columns are period end dates · fundamentals updated 6 Oct 2026