Company profile

Ticker
KMX
Exchange
Website
CEO
William D. Nash
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
541821055

KMX stock data

(
)

Calendar

4 Oct 19
7 Dec 19
1 Mar 20

News

Company financial data Financial data

Quarter (USD) Aug 19 May 19 Feb 19 Nov 18
Revenue 5.2B 5.37B 4.32B 4.3B
Net income 233.6M 266.74M 192.56M 190.31M
Diluted EPS 1.4 1.59 1.13 1.09
Net profit margin 4.49% 4.97% 4.46% 4.43%
Net change in cash -1.46M -4.74M 11.89M -2.1M
Cash on hand 40.74M 42.2M 46.94M 35.05M
Cost of revenue 4.51B 4.62B 3.72B 3.73B
Annual (USD) Feb 19 Feb 18 Feb 17 Feb 16
Revenue 18.17B 17.12B 15.88B 15.15B
Net income 842.41M 664.11M 626.97M 623.43M
Diluted EPS 4.79 3.6 3.26 3.03
Net profit margin 4.64% 3.88% 3.95% 4.12%
Net change in cash 2.41M 6.11M 1.02M 9.79M
Cash on hand 46.94M 44.53M 38.42M 37.39M
Cost of revenue 15.69B 14.79B 13.69B 13.13B

Financial data from CarMax earnings reports

Financial report summary

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Risks
  • The automotive retail industry in general and our business in particular are sensitive to economic conditions. These conditions could adversely affect our business, sales, results of operations and financial condition.
  • Our failure to realize the benefits associated with our omni-channel initiatives could have a material adverse effect on our business, sales and results of operations.
  • We collect sensitive confidential information from our customers. A breach of this confidentiality, whether due to a cyber-security or other incident, could result in harm to our customers and damage to our brand.
  • Our business is sensitive to changes in the prices of new and used vehicles.
  • We may experience greater credit losses in CAF’s portfolio of auto loan receivables than anticipated.
  • Our business is dependent upon access to vehicle inventory. Obstacles to acquiring inventory—whether because of supply, competition, or other factors—or a failure to expeditiously liquidate that inventory could have a material adverse effect on our business, sales and results of operations.
  • Our business is sensitive to conditions affecting automotive manufacturers, including manufacturer recalls.
  • Our results of operations and financial condition are subject to management’s accounting judgments and estimates, as well as changes in accounting policies.
  • The market price of our common stock may be volatile and could expose us to securities class action litigation.
  • We rely on third-party vendors for key components of our business.
  • Our business is subject to seasonal fluctuations.
  • Our business is sensitive to weather events.
  • We are subject to local conditions in the geographic areas in which we are concentrated.
Management Discussion
  • Item 7.  Management’s Discussion and Analysis of Financial Condition and Results of Operations.
  • See Part I, Item 1 for a detailed description and discussion of the company’s business.
  • CarMax is the nation’s largest retailer of used vehicles.  We operate in two reportable segments:  CarMax Sales Operations and CarMax Auto Finance (“CAF”).  Our CarMax Sales Operations segment consists of all aspects of our auto merchandising and service operations, excluding financing provided by CAF.  Our CAF segment consists solely of our own finance operation that provides financing to customers buying retail vehicles from CarMax.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
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Removed: adjustment, assessment, capitalizing, classification, cloud, comparative, computing, criteria, distinguish, Eastern, expire, gradual, guidance, implementation, recognition, retained, retrospective, Rowland, Sacramento, software, statement, transition, turn, ultimately