CarMax Inc (KMX) Financial Statements (2024 and earlier)

Company Profile

Business Address 12800 TUCKAHOE CREEK PARKWAY
RICHMOND, VA 23238
State of Incorp. VA
Fiscal Year End February 28
Industry (SIC) 55 - Automotive Dealers And Gasoline Service Stations (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

8/31/2023
MRQ
2/28/2023
11/30/2022
MRQ
2/28/2022
2/28/2021
2/29/2020
2/28/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments, including:230689103475847
Cash and cash equivalents3156891031325847
Other undisclosed cash, cash equivalents, and short-term investments (85)  (85)  
Restricted cash and investments471467548496481441
Receivables299247561239191140
Inventory, net of allowances, customer advances and progress billings3,7263,4155,1253,1572,8462,519
Inventory3,7263,4155,1253,1572,8462,519
Other current assets231167213928767
Other undisclosed current assets 85  85  
Total current assets:5,0414,9846,5494,1173,6643,214
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization14514712711075
Operating lease, right-of-use asset546530537432449
Property, plant and equipment3,4313,3753,2093,0563,0692,828
Long-term investments and receivables838832630   
Accounts and financing receivable, after allowance for credit loss838832630   
Intangible assets, net (including goodwill)332141348   
Goodwill141141141   
Intangible assets, net (excluding goodwill) 191 206   
Regulated entity, other noncurrent assets282727262525
Restricted cash and investments165165153143117108
Deferred income tax assets818712116490
Other noncurrent assets601581491283259186
Other undisclosed noncurrent assets14,97515,07114,14613,21113,33412,357
Total noncurrent assets:21,14120,95519,78917,42517,41815,504
TOTAL ASSETS:26,18325,93926,33821,54221,08218,718
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3061,2991,4711,2151,070913
Taxes payable 014
Accounts payable827803938799737593
Accrued liabilities479496533415332316
Debt579587  01
Other undisclosed current liabilities5351576484464397
Total current liabilities:1,9381,9372,0471,6991,5351,312
Noncurrent Liabilities
Long-term debt and lease obligation2,0742,0653,9241,8662,2991,164
Long-term debt, excluding current maturities1,9091,9033,2551,3221,7791,164
Finance lease, liability16516214512079
Liabilities, other than long-term debt884874426532535243
Liability, pension and other postretirement and postemployment benefits 28 6998141 
Other liabilities332365357435394243
Operating lease, liability524509523424441
Other undisclosed noncurrent liabilities15,67315,57514,70613,08012,94512,643
Total noncurrent liabilities:18,63118,51419,05515,47815,77914,049
Total liabilities:20,57020,45121,10317,17717,31315,361
Equity
Equity, attributable to parent5,6135,4885,2354,3653,7693,357
Common stock797981828284
Additional paid in capital1,7131,6971,6771,5141,3491,237
Accumulated other comprehensive income (loss)9857(46)(119)(150)(68)
Retained earnings3,7233,6543,5242,8882,4882,104
Total equity:5,6135,4885,2354,3653,7693,357
TOTAL LIABILITIES AND EQUITY:26,18325,93926,33821,54221,08218,718

Income Statement (P&L) ($ in millions)

8/31/2023
TTM
2/28/2023
11/30/2022
TTM
2/28/2022
2/28/2021
2/29/2020
2/28/2019
Revenues29,68542,07731,90018,95020,32018,173
Cost of revenue(26,885)(38,338)(28,613)(16,571)(17,598)(15,693)
Gross profit:2,8003,7393,2882,3792,7222,481
Operating expenses(2,793)(3,340)(2,586)(1,955)(2,002)(1,783)
Operating income (loss):7399702424720698
Nonoperating income (expense)(9)(32)(35)86(0)
Other nonoperating expense    (2) (0)
Interest and debt expense(120)(120)(94)(86)(83)(76)
Other undisclosed income from continuing operations before equity method investments, income taxes7591,096919619518491
Income (loss) from continuing operations before income taxes:6371,3441,4929651,1611,113
Income tax expense (benefit)(152)(313)(341)(218)(273)(270)
Income (loss) from continuing operations:4851,0301,151747888842
Income before gain (loss) on sale of properties:9921,151747888842
Net income (loss) available to common stockholders, diluted:4851,0301,151747888842

Comprehensive Income ($ in millions)

8/31/2023
TTM
2/28/2023
11/30/2022
TTM
2/28/2022
2/28/2021
2/29/2020
2/28/2019
Net income (loss):4851,0301,151747888842
Other comprehensive income (loss)1441797231(82)(14)
Comprehensive income, net of tax, attributable to parent:6291,2091,224778806829

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: