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