CarMax › Financials
CarMax financials
KMXTen years from CarMax’s own SEC filings. Fiscal years end in February.
Income statement
| Feb 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Feb 2021fiscal year | Feb 2022fiscal year | Feb 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Feb 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.88B | $17.12B | $18.17B | $20.32B | $18.95B | $31.90B | $29.68B | $26.54B | $26.35B | $25.88B | $27.63B | — |
| Gross profit | $2.18B | $2.33B | $2.48B | $2.72B | $2.38B | $3.29B | $2.80B | $2.71B | $2.90B | $2.81B | $2.85B | — |
| Net income | $627.0M | $664.1M | $842.4M | $888.4M | $746.9M | $1.15B | $484.8M | $479.2M | $500.6M | $247.3M | $292.4M | — |
| Earnings per share, diluted | $3.26 | $3.60 | $4.79 | $5.33 | $4.52 | $6.97 | $3.03 | $3.02 | $3.21 | $1.68 | — | — |
Balance sheet
| Feb 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Feb 2021fiscal year | Feb 2022fiscal year | Feb 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Feb 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $38.4M | $44.5M | $46.9M | $58.2M | $132.3M | $102.7M | $314.8M | $574.1M | $247.0M | $122.8M | — | $170.5M |
| Total assets | $16.28B | $17.49B | $18.72B | $21.08B | $21.54B | $26.34B | $26.18B | $27.20B | $27.40B | $26.37B | — | $26.07B |
| Debt | $12.54B | $13.51B | $13.78B | $14.94B | $14.62B | $18.18B | $17.78B | $17.96B | $18.14B | $17.26B | — | $16.79B |
| Total liabilities | $13.17B | $14.17B | $15.36B | $17.31B | $17.18B | $21.10B | $20.57B | $21.12B | $21.16B | $20.48B | — | $19.76B |
| Shareholders' equity | $3.11B | $3.32B | $3.36B | $3.77B | $4.36B | $5.24B | $5.61B | $6.07B | $6.24B | $5.89B | — | $6.30B |
Cash flow
| Feb 2017fiscal year | Feb 2018fiscal year | Feb 2019fiscal year | Feb 2020fiscal year | Feb 2021fiscal year | Feb 2022fiscal year | Feb 2023fiscal year | Feb 2024fiscal year | Feb 2025fiscal year | Feb 2026fiscal year | Last 12 monthsto Aug 2026 | Latest quarterAug 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −$455.3M | −$80.5M | $163.0M | −$236.6M | $667.8M | −$2.55B | $1.28B | $458.6M | $624.4M | $1.78B | $1.60B | — |
| Capital spending | $418.1M | $296.8M | $304.6M | $331.9M | $164.5M | $308.5M | $422.7M | $465.3M | $467.9M | $541.0M | $453.2M | — |
| Free cash flow | −$873.5M | −$377.4M | −$141.7M | −$568.5M | $503.2M | −$2.86B | $860.6M | −$6.7M | $156.5M | $1.24B | $1.15B | — |
| Buybacks | $564.3M | $579.6M | $904.7M | $567.7M | $229.9M | $576.5M | $333.9M | $94.1M | $428.5M | $642.8M | $260.5M | — |
| Returned to shareholders | $564.3M | $579.6M | $904.7M | $567.7M | $229.9M | $576.5M | $333.9M | $94.1M | $428.5M | $642.8M | $260.5M | — |
| Stock-based pay | $91.6M | $61.9M | $75.0M | $108.9M | $121.9M | $109.2M | $85.6M | $119.7M | $134.7M | $99.0M | $102.1M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
CarMax financials, answered
What is CarMax's market cap?
$7.57B at $53.33 a share, with 141,942,807 shares outstanding as of Sep 28, 2026, from the cover of its latest SEC filing.
How much does CarMax earn?
Revenue of $27.63B and net income of $292.4M in the last 12 months to Aug 2026.
How much debt does CarMax have?
CarMax reported $16.79B of debt and $170.5M of cash and equivalents on its balance sheet in Aug 2026.
Does CarMax make free cash flow?
Yes. Operating cash flow minus capital spending was $1.15B in the last 12 months to Aug 2026.
How much cash does CarMax return to shareholders?
$642.8M in buybacks and dividends in fiscal 2026, from the cash flow statement.