CarMax Inc

CarMax Inc

51.60
USD
-1.30
(-2.46%)
1.54EPS
29.45P/E
6.43BMarket Cap
Dec 17Next Earn

Total Valuation

USD

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 Cap6.43B
Enterprise Value24.94B

Important Dates

CarMax, Inc.'s next confirmed earnings release is scheduled for December 17, 2026.

Earnings Date12/17/2026

Share Statistics

As of May 31, 2026, CarMax, Inc. has 141.91M shares outstanding.

Shares Outstanding141.91M

Valuation Ratios

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 Ratio29.45
PS Ratio0.25
PB Ratio1.05
P/TBV Ratio1.05
P/FCF Ratio4.37
P/OCF Ratio4.36

Enterprise Valuation

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 / Sales0.95
EV / FCF12.21

Financial Position

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 Ratio2.70
Quick Ratio0.18
Debt / Equity304.69
Debt / EBITDA-168.76
Interest Coverage-0.13

Financial Efficiency

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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 Employee911,005.77
Employee Count28,922.00
Inventory Turnover6.14

Taxes

USD

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 Tax136.32M
Effective Tax Rate37.99

Stock Price Statistics

USD

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 Change16.71%
50-Day Moving Average57.70
200-Day Moving Average48.99

Income Statement

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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.

Revenue26.35B
Gross Profit2.77B
Operating Income-469.54M
Pretax Income358.86M
Net Income222.54M
EBITDA-110.47M
EBIT-469.54M
Earnings Per Share (EPS)1.54

Balance Sheet

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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 Equivalents132.22M
Total Debt18.64B
Net Debt18.00B
Equity (Book Value)6.12B
Book Value Per Share43.12
Working Capital3.68B

Cash Flow

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CarMax, Inc. produced 1.50B in operating cash flow over the twelve months ended May 31, 2026.

Operating Cash Flow1.50B
Free Cash Flow1.50B
FCF Per Share10.38

Margins

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 Margin10.50
Operating Margin-1.78
Pretax Margin1.36
Profit Margin0.84
EBITDA Margin-0.42

Dividends & Yields

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 Yield17.44
FCF Yield22.88

Stock Splits

CarMax, Inc.'s most recent stock split took place on March 27, 2007 with a 1:2 split ratio.

Last Split Date3/27/2007
Split Ratio1:2

Scores

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-Score1.51