financial statements

The full income statement, balance sheet, and cash-flow statement for CarMax (KMX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofFeb 28 ’26	as ofFeb 28 ’25	as ofFeb 29 ’24	as ofFeb 28 ’23	as ofFeb 28 ’22
Revenue	25.9B YoY-1.8%	26.4B YoY-0.7%	26.5B YoY-10.6%	29.7B YoY-6.9%	31.9B YoY+68.3%
	2.81B YoY-3.2%	2.90B YoY+6.8%	2.71B YoY-3.1%	2.80B YoY-14.8%	3.29B YoY+38.2%
Cost of revenue	23.1B YoY-1.6%	23.5B YoY-1.5%	23.8B YoY-11.4%	26.9B YoY-6.0%	28.6B YoY+72.7%
Selling, general & administrative	2.45B YoY+0.7%	2.44B YoY+6.5%	2.29B YoY-8.1%	2.49B YoY+7.0%	2.33B YoY+36.4%
Amortization of intangibles	15.4M YoY+0.0%	15.4M YoY+0.0%	15.4M YoY+0.0%	15.4M YoY+33.9%	11.5M
Provision for credit losses	391M YoY+16.9%	335M YoY+7.8%	311M YoY-2.1%	317M YoY+123.7%	142M YoY-11.8%
Interest expense	110M YoY+2.3%	108M YoY-13.5%	125M YoY+3.6%	120M YoY+28.0%	94.1M YoY+9.2%
Net interest income	1.09B YoY+0.4%	1.09B YoY+5.0%	1.04B YoY-8.2%	1.13B YoY+5.9%	1.07B YoY+29.0%
Other non-operating income	7.07M YoY-39.2%	11.6M YoY+213.2%	-10.3M YoY-9.3%	-9.40M YoY+72.8%	-34.6M YoY-1471.3%
Pre-tax income	383M YoY-42.7%	669M YoY+4.3%	642M YoY+0.8%	637M YoY-57.3%	1.49B YoY+54.6%
Income tax	136M YoY-19.3%	169M YoY+3.9%	162M YoY+6.8%	152M YoY-55.4%	341M YoY+56.2%
Net income	247M YoY-50.7%	501M YoY+4.6%	479M YoY-1.2%	485M YoY-57.9%	1.15B YoY+54.1%
	$1.68 YoY-47.7%	$3.21 YoY+6.3%	$3.02 YoY-0.3%	$3.03 YoY-56.5%	$6.97 YoY+54.2%
EPS (basic)	$1.68 YoY-47.8%	$3.22 YoY+6.3%	$3.03 YoY-0.7%	$3.05 YoY-57.0%	$7.09 YoY+54.8%
Weighted-avg shares (basic)	147M YoY-5.2%	155M YoY-1.8%	158M YoY-0.4%	159M YoY-2.2%	162M YoY-0.5%
Weighted-avg shares (diluted)	148M YoY-5.4%	156M YoY-1.7%	159M YoY-0.7%	160M YoY-3.3%	165M YoY+0.0%
Balance Sheet	as ofFeb 28 ’26	as ofFeb 28 ’25	as ofFeb 29 ’24	as ofFeb 28 ’23	as ofFeb 28 ’22
	5.31B YoY+4.6%	5.08B YoY-2.9%	5.23B YoY+3.7%	5.04B YoY-23.0%	6.55B YoY+59.1%
Cash & equivalents	123M YoY-50.3%	247M YoY-57.0%	574M YoY+82.4%	315M YoY+206.4%	103M YoY-22.4%
Cash & short-term investments	8.10M YoY-93.6%	127M YoY-73.8%	484M YoY+111.0%	230M	0.00 YoY-100.0%
Accounts receivable	204M YoY+8.3%	189M YoY-14.7%	221M YoY-26.0%	299M YoY-46.7%	561M YoY+134.7%
Inventory	4.14B YoY+5.1%	3.93B YoY+7.0%	3.68B YoY-1.3%	3.73B YoY-27.3%	5.12B YoY+62.3%
Other current assets	154M YoY+3.6%	148M YoY-39.9%	247M YoY+6.8%	231M YoY+8.4%	213M YoY+131.9%
	26.4B YoY-3.8%	27.4B YoY+0.8%	27.2B YoY+3.9%	26.2B YoY-0.6%	26.3B YoY+22.3%
Property, plant & equipment	4.07B YoY+5.9%	3.84B YoY+4.8%	3.67B YoY+6.8%	3.43B YoY+6.9%	3.21B YoY+5.0%
Operating lease right-of-use	460M YoY-6.9%	493M YoY-5.3%	521M YoY-4.6%	546M YoY+1.5%	537M YoY+24.5%
Goodwill	0.00 YoY-100.0%	141M YoY+0.0%	141M YoY+0.0%	141M YoY+0.0%	141M YoY+21532.2%
Intangible assets	145M YoY-9.6%	160M YoY-8.8%	176M YoY-8.1%	191M YoY-7.5%	206M
Deferred tax assets	78.5M YoY-44.1%	140M YoY+42.1%	98.8M YoY+22.4%	80.7M YoY-33.2%	121M YoY-26.4%
Other non-current assets	497M YoY+6.4%	467M YoY-12.2%	532M YoY-11.5%	601M YoY+22.5%	491M YoY+73.5%
	2.41B YoY+9.9%	2.20B YoY-4.9%	2.31B YoY+19.3%	1.94B YoY-5.3%	2.05B YoY+20.5%
Accounts payable	1.12B YoY+14.3%	978M YoY+4.7%	934M YoY+13.0%	827M YoY-11.9%	938M YoY+17.3%
Accrued liabilities	475M YoY-10.3%	530M YoY+1.1%	524M YoY+9.4%	479M YoY-10.2%	533M YoY+28.4%
Short-term & current debt	217M YoY+1192.0%	16.8M YoY-94.6%	313M YoY+180.1%	112M YoY+898.5%	11.2M YoY+12.9%
Current lease liability	57.3M YoY-3.4%	59.3M YoY+3.8%	57.2M YoY+7.3%	53.3M YoY+20.6%	44.2M YoY+42.8%
	20.5B YoY-3.2%	21.2B YoY+0.2%	21.1B YoY+2.7%	20.6B YoY-2.5%	21.1B YoY+22.9%
Long-term debt	17.3B YoY-4.8%	18.1B YoY+1.0%	18.0B YoY+1.0%	17.8B YoY-2.2%	18.2B YoY+24.3%
Non-current lease liability	465M YoY-3.6%	482M YoY-2.9%	496M YoY-5.3%	524M YoY+0.1%	523M YoY+23.5%
Other non-current liabilities	339M YoY-1.4%	344M YoY-3.1%	355M YoY+6.8%	332M YoY-6.9%	357M YoY-17.9%
	5.89B YoY-5.7%	6.24B YoY+2.8%	6.07B YoY+8.2%	5.61B YoY+7.2%	5.24B YoY+20.0%
Common stock	70.9M YoY-7.5%	76.7M YoY-2.7%	78.8M YoY-0.3%	79.0M YoY-1.8%	80.5M YoY-1.3%
Additional paid-in capital	1.81B YoY-4.3%	1.89B YoY+4.5%	1.81B YoY+5.6%	1.71B YoY+2.1%	1.68B YoY+10.8%
Retained earnings	4.04B YoY-5.4%	4.27B YoY+3.5%	4.13B YoY+10.8%	3.72B YoY+5.6%	3.52B YoY+22.0%
Accumulated other comprehensive income	-34.1M YoY-1208.0%	3.08M YoY-94.8%	59.3M YoY-39.4%	97.9M YoY+310.8%	-46.4M YoY+60.9%
Total equity incl. non-controlling	5.89B YoY-5.7%	6.24B YoY+2.8%	6.07B YoY+8.2%	5.61B YoY+7.2%	5.24B YoY+20.0%
Total liabilities & equity	26.4B YoY-3.8%	27.4B YoY+0.8%	27.2B YoY+3.9%	26.2B YoY-0.6%	26.3B YoY+22.3%
Common shares issued	142M YoY-7.5%	153M YoY-2.7%	158M YoY-0.3%	158M YoY-1.8%	161M YoY-1.3%
Common shares outstanding	142M YoY-7.5%	153M YoY-2.7%	158M YoY-0.3%	158M YoY-1.8%	161M YoY-1.3%
Shares outstanding (cover)	142M YoY-5.5%	150M YoY-5.0%	158M YoY-0.1%	158M YoY-2.3%	162M YoY-0.5%
Cash Flow	as ofFeb 28 ’26	as ofFeb 28 ’25	as ofFeb 29 ’24	as ofFeb 28 ’23	as ofFeb 28 ’22
	1.78B YoY+185.7%	624M YoY+36.2%	459M YoY-64.3%	1.28B YoY+150.3%	-2.55B YoY-481.8%
Depreciation & amortization	346M YoY+17.4%	295M YoY+13.2%	260M YoY-1.8%	265M YoY-2.9%	273M YoY+12.8%
Share-based compensation	99.0M YoY-26.5%	135M YoY+12.5%	120M YoY+39.9%	85.6M YoY-21.6%	109M YoY-10.4%
Deferred income taxes	73.8M YoY+411.1%	-23.7M YoY-394.3%	-4.80M YoY+26.7%	-6.55M YoY-143.7%	15.0M YoY+141.9%
Change in receivables	15.7M YoY+148.5%	-32.4M YoY+58.2%	-77.6M YoY+70.4%	-262M YoY-191.0%	288M YoY+562.4%
Change in inventory	202M YoY-21.1%	257M YoY+633.7%	-48.1M YoY+96.6%	-1.40B YoY-171.1%	1.97B YoY+508.5%
	-540M YoY-17.1%	-461M YoY+1.3%	-467M YoY-9.7%	-426M YoY+18.7%	-524M YoY-308.6%
Capital expenditure	541M YoY+15.6%	468M YoY+0.6%	465M YoY+10.1%	423M YoY+37.0%	309M YoY+87.5%
Acquisitions	—	—	0.00	0.00 YoY+100.0%	-242M
Purchases of investments	10.0M YoY-6.8%	10.7M YoY+73.4%	6.19M YoY-50.6%	12.5M YoY-49.1%	24.6M YoY+560.1%
Proceeds from sale of PP&E	418K YoY+25.5%	333K YoY-75.4%	1.35M YoY-74.0%	5.19M YoY+1896.2%	260K YoY-85.9%
	-1.34B YoY-195.7%	-454M YoY-247.4%	308M YoY+143.3%	-710M YoY-122.9%	3.10B YoY+832.2%
Net short-term debt	—	—	—	0.00	0.00 YoY+100.0%
Common stock repurchased	643M YoY+50.0%	428M YoY+355.4%	94.1M YoY-71.8%	334M YoY-42.1%	576M YoY+150.7%
Interest paid	106M YoY+1.4%	105M YoY-15.1%	124M YoY+1.1%	122M YoY+33.2%	91.7M YoY+6.1%
Income taxes paid	172M YoY+146.9%	69.6M YoY-57.7%	165M YoY+7.9%	153M YoY-59.1%	373M YoY+50.7%
Valuation Ratios	as ofFeb 28 ’26	as ofFeb 28 ’25	as ofFeb 29 ’24	as ofFeb 28 ’23	as ofFeb 28 ’22
Market cap	6.12B YoY-50.8%	12.5B YoY-0.2%	12.5B YoY+14.4%	10.9B YoY-38.3%	17.7B YoY-9.0%
P/E	13.8× YoY-44.3%	24.9× YoY-4.6%	26.0× YoY+15.8%	22.5× YoY+46.5%	15.4× YoY-41.1%
P/S	0.2× YoY-48.3%	0.5× YoY+0.5%	0.5× YoY+27.9%	0.4× YoY-33.7%	0.6× YoY-47.0%
P/B	1.0× YoY-47.6%	2.0× YoY-2.9%	2.1× YoY+5.7%	1.9× YoY-42.4%	3.4× YoY-28.9%
P/FCF	3.3× YoY-95.9%	79.6×	—	12.7×	—
Earnings yield	7.2% YoY+79.7%	4.0% YoY+4.8%	3.8% YoY-13.6%	4.4% YoY-31.7%	6.5% YoY+69.8%
FCF yield	30.7% YoY+2346.0%	1.3%	—	7.9%	—
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: KMX's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all KMX filings on SEC EDGAR → Not investment advice.

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About this data

financial statements