Fundamental analysis · SEC EDGAR · as of 28/02/2026

Fundamental analysis of Carmax Inc

KMX · NYSE · Consumer

Fundamental quality

DEMANDING

32

out of 100

Breakdown by area

I.GrowthEPS growth: -17.8% · Revenue growth: -4.5%
8
II.ProfitabilityNet margin: 1% · ROE: 4.2%
30
III.Financial healthFCF: 4.8%
57

Source: SEC EDGAR · as of 28/02/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Strengths

  • No clearly standout strengths by the system's thresholds.

Risks and weaknesses

  • Thin margins (net margin of 1%).
  • Declining revenue (-4.5% annualized).
  • Declining earnings per share (-17.8% annualized).
  • Low return on equity (ROE of 4.2%).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
202231,9001,151-2,85818,084
202329,68548586117,572
202426,536479-717,699
202526,35350115717,907
202625,8812471,24317,355

Between 2022 and 2026, revenue went from $31,900M to $25,881M (-19%) and net income went from $1,151M to $247M (-79%).

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Carmax Inc a profitable company?

Carmax Inc is profitable, with a net margin of 1%, though a thin one.

Is Carmax Inc growing?

Its revenue has fallen 4.5% annualized in recent years.

Does Carmax Inc generate cash?

Yes. It converts about 4.8% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Carmax Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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