As of May 31, 2026, CarMax, Inc. carries a market capitalization of 6.43B, placing it among publicly traded companies globally. Its enterprise value stands at 24.94B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 6.43B |
| Enterprise Value | 24.94B |
CarMax, Inc.'s next confirmed earnings release is scheduled for December 17, 2026.
| Earnings Date | 12/17/2026 |
As of May 31, 2026, CarMax, Inc. has 141.91M shares outstanding.
| Shares Outstanding | 141.91M |
As of May 31, 2026, CarMax, Inc. trades at a trailing price-to-earnings ratio of 29.45. The price-to-sales ratio is 0.25, and the price-to-book ratio stands at 1.05.
| PE Ratio | 29.45 |
| PS Ratio | 0.25 |
| PB Ratio | 1.05 |
| P/TBV Ratio | 1.05 |
| P/FCF Ratio | 4.37 |
| P/OCF Ratio | 4.36 |
These figures are as of May 31, 2026. The EV/Sales ratio of 0.95 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. CarMax, Inc. trades at an EV/FCF ratio of 12.21, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 24.94B versus a market cap of 6.43B, with the gap driven by net debt and cash on the balance sheet.
| EV / Sales | 0.95 |
| EV / FCF | 12.21 |
As of May 31, 2026, CarMax, Inc. maintains a current ratio of 2.70, meaning it holds 2.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 304.69, indicating elevated leverage, while an interest coverage ratio of -0.13 demonstrates limited ability to service its debt obligations.
| Current Ratio | 2.70 |
| Quick Ratio | 0.18 |
| Debt / Equity | 304.69 |
| Debt / EBITDA | -168.76 |
| Interest Coverage | -0.13 |
Over the twelve months ended May 31, 2026, CarMax, Inc. posted a return on equity (ROE) of 3.59, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) is negative at -1.15, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) stands at 0.82, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 3.04, useful for judging operating efficiency across full business cycles. The company generates approximately 911,005.77 in revenue per employee across its workforce of 28,922.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.14 indicates how many times CarMax, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.
| Return on Equity (ROE) | 3.59 |
| Return on Assets (ROA) | 0.82 |
| Return on Invested Capital (ROIC) | -1.15 |
| Return on Capital Employed (ROCE) | 3.04 |
| Revenue Per Employee | 911,005.77 |
| Employee Count | 28,922.00 |
| Inventory Turnover | 6.14 |
Over the twelve months ended May 31, 2026, CarMax, Inc. recorded 136.32M in income tax expense. That works out to an effective tax rate of 37.99, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 358.86M, leaving 222.54M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.
| Income Tax | 136.32M |
| Effective Tax Rate | 37.99 |
As of the close on October 22, 2026, CarMax, Inc.'s stock has gained approximately 16.71% over the past 52 weeks. The 50-day moving average sits at 57.70, while the 200-day moving average is 48.99.
| 52-Week Price Change | 16.71% |
| 50-Day Moving Average | 57.70 |
| 200-Day Moving Average | 48.99 |
Over the twelve months ended May 31, 2026, CarMax, Inc. generated 26.35B in revenue and converted that into 222.54M in net income, yielding earnings per share of 1.54. EBITDA reached -110.47M, while operating income came in at -469.54M.
| Revenue | 26.35B |
| Gross Profit | 2.77B |
| Operating Income | -469.54M |
| Pretax Income | 358.86M |
| Net Income | 222.54M |
| EBITDA | -110.47M |
| EBIT | -469.54M |
| Earnings Per Share (EPS) | 1.54 |
As of May 31, 2026, CarMax, Inc. holds 132.22M in cash and equivalents against 18.64B in total debt, resulting in a net debt position of 18.00B. Total book value stands at 6.12B, with working capital of 3.68B providing operational flexibility.
| Cash & Cash Equivalents | 132.22M |
| Total Debt | 18.64B |
| Net Debt | 18.00B |
| Equity (Book Value) | 6.12B |
| Book Value Per Share | 43.12 |
| Working Capital | 3.68B |
CarMax, Inc. produced 1.50B in operating cash flow over the twelve months ended May 31, 2026.
| Operating Cash Flow | 1.50B |
| Free Cash Flow | 1.50B |
| FCF Per Share | 10.38 |
Over the twelve months ended May 31, 2026, CarMax, Inc. posted a gross margin of 10.50, reflecting its pricing power and cost economics. The operating margin of -1.78 and net profit margin of 0.84 provide insight into operational efficiency.
| Gross Margin | 10.50 |
| Operating Margin | -1.78 |
| Pretax Margin | 1.36 |
| Profit Margin | 0.84 |
| EBITDA Margin | -0.42 |
These figures cover the twelve months ended May 31, 2026. Free cash flow yield stands at 22.88, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 17.44, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to CarMax, Inc. shareholders.
| Shareholder Yield | 17.44 |
| FCF Yield | 22.88 |
CarMax, Inc.'s most recent stock split took place on March 27, 2007 with a 1:2 split ratio.
| Last Split Date | 3/27/2007 |
| Split Ratio | 1:2 |
As of May 31, 2026, CarMax, Inc. has an Altman Z-Score of 1.51, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 1.51 |