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KMX Financial Statements and Analysis

NYSE : KMX

CarMax, Inc.

$82.61
-2.99-3.49%
At Close 4:00 PM
56.1
B-ESG ScoreESG Rating

KMX FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

KMX Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-11-302024-08-312024-05-312024-02-292023-11-30
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202520242024
periodQ3Q2Q1Q4Q3
revenue6.223B7.014B7.113B5.627B6.149B
cost of revenue5.546B6.253B6.388B5.106B5.536B
gross profit677.646M760.467M725.826M520.822M612.863M
gross profit ratio0.1090.1080.1020.0930.10
research and development expenses00052.90M0
general and administrative expenses541.00M547.562M585.50M534.90M496.70M
selling and marketing expenses53.80M63.00M71.70M62.90M63.30M
selling general and administrative expenses594.80M610.562M638.578M580.885M560.00M
other expenses82.846M0-77.00M-67.40M886.00K
operating expenses677.646M610.562M715.578M648.285M688.923M
cost and expenses6.223B6.864B7.103B5.754B6.225B
interest income449.00M464.50M452.50M433.10M426.90M
interest expense218.618M240.021M213.662M205.334M201.465M
depreciation and amortization75.368M72.72M69.244M83.272M66.557M
ebitda460.458M274.304M307.662M180.217M207.494M
ebitda ratio0.0740.0390.011-0.0080.062
operating income753.765M149.905M10.248M-127.463M52.901M
operating income ratio0.1210.0210.001-0.0230.009
total other income expenses net-587.293M27.939M-93.647M-34.162M-91.002M
income before tax166.472M177.844M206.64M65.511M110.558M
income before tax ratio0.0270.0250.0290.0120.018
income tax expense41.031M45.035M54.20M15.243M28.555M
net income125.441M132.809M152.44M50.268M82.003M
net income ratio0.020.0190.0210.0090.013
eps0.800.850.970.320.52
eps diluted0.810.850.970.320.52
weighted average shs out155.874M155.866M157.161M157.821M158.446M
weighted average shs out dil155.265M156.526M157.706M158.228M158.799M
Graph

KMX Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-11-302024-08-312024-05-312024-02-292023-11-30
reported currencyUSDUSDUSDUSDUSD
calendar year20252025202520242024
periodQ3Q2Q1Q4Q3
cash and cash equivalents271.91M524.667M755.338M1.081B605.375M
short term investments00000
cash and short term investments271.91M524.667M755.338M1.081B605.375M
net receivables213.593M228.112M212.37M221.153M212.406M
inventory3.665B3.398B3.773B3.678B3.639B
other current assets667.97M708.531M229.714M246.581M653.223M
total current assets4.819B4.859B4.97B5.227B5.11B
property plant equipment net4.304B4.259B4.244B4.186B4.157B
goodwill141.258M141.258M141.258M141.258M141.258M
intangible assets00000
goodwill and intangible assets141.258M141.258M141.258M141.258M141.258M
long term investments0017.427B17.267B17.082B
tax assets133.258M126.883M100.104M426.693M121.219M
other non current assets17.90B17.91B359.196M276.564M561.848M
total non current assets22.478B22.437B22.272B22.298B22.063B
other assets00000
total assets27.297B27.296B27.242B27.525B27.173B
account payables985.891M1.008B911.348M933.708M762.594M
short term debt585.044M629.775M57.534M799.295M815.698M
tax payables69.816M34.063M24.792M010.581M
deferred revenue023.608M24.792M010.581M
other current liabilities456.541M483.922M992.221M579.286M494.365M
total current liabilities2.097B2.156B1.986B2.312B2.083B
long term debt17.041B18.578B18.93B18.456B18.673B
deferred revenue non current000694.969M0
deferred tax liabilities non current000327.903M0
other non current liabilities1.948B382.044M159.792M682.805M372.815M
total non current liabilities18.989B18.96B19.089B19.139B19.046B
other liabilities001.0000
capital lease obligations541.682M531.117M712.16M694.969M565.551M
total liabilities21.086B21.116B21.075B21.451B21.129B
preferred stock00000
common stock76.954M77.666M78.176M78.806M79.011M
retained earnings4.266B4.237B4.193B4.127B4.118B
accumulated other comprehensive income loss14.827M9.057M61.678M59.279M60.667M
other total stockholders equity1.853B1.856B1.834B1.809B1.787B
total stockholders equity6.211B6.18B6.167B6.074B6.044B
total equity6.211B6.18B6.167B6.074B6.044B
total liabilities and stockholders equity27.297B27.296B27.242B27.525B27.173B
minority interest00000
total investments017.414B17.427B17.267B17.082B
total debt17.626B19.208B19.544B19.53B19.489B
net debt17.354B18.683B18.789B18.449B18.883B
Graph

KMX Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-02-292023-11-302023-08-312023-05-312023-02-28
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420242023
periodQ4Q3Q2Q1Q4
deferred income tax23.49M-3.445M-17.718M-7.127M-4.372M
stock based compensation29.241M21.034M33.061M36.384M20.618M
change in working capital49.747M-46.384M-185.589M-613.774M-638.725M
accounts receivables-10.264M59.468M49.348M-22.439M-51.989M
inventory-39.124M200.34M241.934M-355.078M-311.205M
accounts payables178.876M-192.931M-106.71M239.276M-2.533M
other working capital-79.741M-113.261M-370.161M-475.533M-272.998M
other non cash items73.62M90.334M111.803M107.936M112.153M
net cash provided by operating activities309.638M210.099M124.165M-185.285M-378.745M
investments in property plant and equipment-109.865M-145.275M-73.448M-136.719M-103.224M
acquisitions net52.00K145.275M73.448M1.171M1.384M
purchases of investments-1.552M-1.405M-2.008M-1.228M-6.066M
sales maturities of investments1.589M1.157M388.00K17.00K794.00K
other investing activites89.00K-145.223M-73.372M-40.00K0
net cash used for investing activites-109.776M-145.471M-74.992M-136.759M-107.112M
debt repayment-176.065M-2.905B-2.869B-2.911B-3.02B
common stock issued16.336M896.00K26.545M989.00K3.589M
common stock repurchased-49.799M-40.144M-212.00K-3.931M-118.00K
dividends paid00000
other financing activites-6.057M5.835B6.173B6.445B3.134B
net cash used provided by financing activities-209.528M-29.649M240.369M306.595M116.828M
effect of forex changes on cash1.511M0000
net change in cash-8.155M34.979M289.542M-15.449M-369.029M
cash at end of period1.081B1.26B1.225B935.555M951.004M
cash at beginning of period1.089B1.225B935.555M951.004M1.32B
operating cashflow309.638M210.099M124.165M-185.285M-378.745M
capital expenditure-109.865M-145.275M-73.448M-136.719M-103.224M
free cash flow199.773M64.824M50.717M-322.004M-481.969M
Graph

Frequently Asked Questions

How did CarMax, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, KMX generated $6.22B in revenue last quarter, while its costs came in at $5.55B.

Last quarter, how much Gross Profit did CarMax, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. CarMax, Inc. reported a $677.65M Gross Profit for the quarter ended Feb 29, 2024.

Have KMX's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. KMX incurred $677.65M worth of Operating Expenses, while it generated $753.77M worth of Operating Income.

How much Net Income has KMX posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from CarMax, Inc., the company generated $125.44M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did CarMax, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to CarMax, Inc. as of the end of the last quarter was $271.91M.

What are KMX's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, KMX had Total Net Receivables of $213.59M.

In terms of Total Assets and Current Assets, where did CarMax, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of KMX were $4.82B, while the Total Assets stand at $27.30B.

As of the last quarter, how much Total Debt did CarMax, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of KMX's debt was $17.63B at the end of the last quarter.

What were KMX's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, KMX reported total liabilities of $21.09B.

How much did KMX's Working Capital change over the last quarter?

Working Capital Change for KMX was $49.75M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

KMX generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. KMX generated $309.64M of Cash from Operating Activities during its recently reported quarter.

What was KMX's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. KMX reported a -$8.16M Net Change in Cash in the most recent quarter.

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