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Carmax Inc

Common Name
Carmax
Country
United States
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships
Employees
30,048
Ticker
KMX
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
CarMax Inc. is the largest used-car retailer in the United States, revolutionizing the automotive sales industry with its no-haggle pricing model. This model offers customers a straightforward and tra...

Carmax's Financial Statements Preview

Below are the financial statements of Carmax, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2025
2024
2023
Sales and operating revenues
Used vehicle sales
21,079.65a
20,922.28a
23,034.29a
Wholesale vehicle sales
4,587.46a
4,975.8a
5,989.8a
Other sales and revenues
686.31a
637.96a
660.79a
Net sales and operating revenues
26,353.42a
26,536.04a
29,684.87a
Cost of sales
Used vehicle cost of sales
-19,256.48a
-19,170.32a
-21,186.14a
Wholesale vehicle cost of sales
-4,029.88a
-4,419.04a
-5,399.97a
Other cost of sales
-169.16a
-233.47a
-298.57a
Total cost of sales
-23,455.52a
-23,822.83a
-26,884.67a
Gross profit
2,897.9a
2,713.21a
2,800.2a
CarMax Auto Finance income
581.75a
568.27a
663.4a
Selling, general and administrative expenses
-2,435.4a
-2,286.38a
-2,487.36a
Depreciation and amortization
-255.32a
-239.03a
-228.45a
Interest expense
-107.94a
-124.75a
-120.4a
Other expense (income)
11.62a
-10.27a
-9.4a
Earnings before income taxes
669.36a
641.6a
636.8a
Income tax provision
-168.8a
-162.39a
-152.04a
Net earnings
500.56a
479.2a
484.76a
Used vehicle sales
21,079.65b
20,922.28b
23,034.29b
Wholesale vehicle sales
4,587.46b
4,975.8b
5,989.8b
Other sales and revenues
686.31b
637.96b
660.79b
Net sales and operating revenues
26,353.42b
26,536.04b
29,684.87b
Used vehicle cost of sales
-19,256.48b
-19,170.32b
-21,186.14b
Wholesale vehicle cost of sales
-4,029.88b
-4,419.04b
-5,399.97b
Other cost of sales
-169.16b
-233.47b
-298.57b
Total cost of sales
-23,455.52b
-23,822.83b
-26,884.67b
Gross profit
2,897.9b
2,713.21b
2,800.2b
CarMax Auto Finance income
581.75b
568.27b
663.4b
Selling, general and administrative expenses
-2,435.4b
-2,286.38b
-2,487.36b
Depreciation and amortization
-255.32b
-239.03b
-228.45b
Interest expense
-107.94b
-124.75b
-120.4b
Other expense (income)
11.62b
-10.27b
-9.4b
Earnings before income taxes
669.36b
641.6b
636.8b
Income tax provision
-168.8b
-162.39b
-152.04b
Net earnings
500.56b
479.2b
484.76b
Limited Data Preview
You are viewing a limited preview of Carmax’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Carmax’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Carmax’s data sources below and access millions more through our Disclosure Search.

a. Carmax's 10-K 2025
b. Carmax's Annual Report 2025
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