cash flow reconciliationreview2018-02-28
Operating, investing and financing flows differ from the reported change in cash by 24924000, beyond tolerance 4134460.00.
Revenue
$25.88B
Fiscal year ended 2026-02-28Operating income
Unavailable
Fiscal year ended 2026-02-28Free cash flow
$1.24B
Fiscal year ended 2026-02-28CARMAX INC (KMX) reported revenue of $25.88B and net income of $247.29M for the fiscal year ended 2026-02-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from CARMAX INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Auto Dealers & Gasoline Stations.
Income
| Metric | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.88B | $26.35B | $26.54B | $29.68B | $31.90B | $18.95B | $20.32B | $18.17B | $17.12B | $15.88B |
| Cost of revenue | $23.07B | $23.46B | $23.82B | $26.88B | $28.61B | $16.57B | $17.60B | $15.69B | $14.79B | $13.69B |
| Gross profit | $2.81B | $2.90B | $2.71B | $2.80B | $3.29B | $2.38B | $2.72B | $2.48B | $2.33B | $2.18B |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $247.29M | $500.56M | $479.20M | $484.76M | $1.15B | $746.92M | $888.43M | $842.41M | $664.11M | $626.97M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 147.61M | shares 156.06M | shares 158.71M | shares 159.77M | shares 165.18M | shares 165.13M | shares 166.82M | shares 175.88M | shares 184.47M | shares 192.22M |
| Pretax income | $383.43M | $669.36M | $641.60M | $636.80M | $1.49B | $965.26M | $1.16B | $1.11B | $1.06B | $1.01B |
| Income tax expense | $136.14M | $168.80M | $162.39M | $152.04M | $341.05M | $218.34M | $272.55M | $270.39M | $399.50M | $379.44M |
| Diluted EPS | $1.68 | $3.21 | $3.02 | $3.03 | $6.97 | $4.52 | $5.33 | $4.79 | $3.60 | $3.26 |
| Selling, general & administrative | $2.45B | $2.44B | $2.29B | $2.49B | $2.33B | $1.70B | $1.75B | $1.73B | $1.62B | $1.49B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $122.83M | $246.96M | $574.14M | $314.76M | $102.72M | $132.32M | $58.21M | $46.94M | $44.52M | $38.42M |
| Total assets | $26.37B | $27.40B | $27.20B | $26.18B | $26.34B | $21.54B | $21.08B | $18.72B | $17.49B | $16.28B |
| Current assets | $5.31B | $5.08B | $5.23B | $5.04B | $6.55B | $4.12B | $3.66B | $3.21B | $3.06B | $2.87B |
| Total liabilities | $20.48B | $21.16B | $21.12B | $20.57B | $21.10B | $17.18B | $17.31B | $15.36B | $14.17B | $13.17B |
| Current liabilities | $2.41B | $2.20B | $2.31B | $1.94B | $2.05B | $1.70B | $1.53B | $1.31B | $1.17B | $1.11B |
| Total equity incl. NCI | $5.89B | $6.24B | $6.07B | $5.61B | $5.24B | $4.36B | $3.77B | $3.36B | $3.32B | $3.11B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $4.14B | $3.93B | $3.68B | $3.73B | $5.12B | $3.16B | $2.85B | $2.52B | $2.39B | $2.26B |
| Accounts receivable | $204.45M | $188.73M | $221.15M | $298.78M | $560.98M | $239.07M | $191.09M | $139.85M | $133.32M | $152.39M |
| Goodwill | $0 | $141.26M | $141.26M | $141.26M | $141.26M | $653.00K | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | $17.26B | $18.14B | $17.96B | $17.78B | $18.18B | $14.62B | $14.94B | $13.78B | $13.14B | $12.19B |
| Accounts payable | $1.12B | $977.84M | $933.71M | $826.59M | $937.72M | $799.33M | $737.14M | $593.17M | $529.73M | $494.99M |
Cash flow
| Metric | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.78B | $624.44M | $458.62M | $1.28B | -$2.55B | $667.76M | -$236.61M | $162.97M | -$80.55M | Unavailable |
| Capital expenditures | $540.99M | $467.94M | $465.31M | $422.71M | $308.53M | $164.54M | $331.90M | $304.64M | $296.82M | $418.14M |
| Investing cash flow | -$540.04M | -$461.00M | -$467.00M | -$425.77M | -$523.74M | -$128.18M | -$389.36M | -$308.51M | -$301.86M | Unavailable |
| Financing cash flow | -$1.34B | -$453.54M | $307.79M | -$710.18M | $3.10B | -$424.02M | $686.98M | $186.02M | $413.45M | Unavailable |
| Net change in cash | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $6.11M | $1.02M |
| Stock-based compensation | $99.02M | $134.71M | $119.72M | $85.59M | $109.20M | $121.90M | $108.86M | $75.01M | $61.88M | $91.60M |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | $642.79M | $428.45M | $94.09M | $333.93M | $576.48M | $229.94M | $567.75M | $904.73M | $579.57M | $564.34M |
| Depreciation & amortization | $345.96M | $294.80M | $260.41M | $265.22M | $273.19M | $242.16M | $215.81M | $182.25M | $179.94M | $168.88M |
Derived
| Metric | 2026-02-28 | 2025-02-28 | 2024-02-29 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-29 | 2019-02-28 | 2018-02-28 | 2017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $1.24B | $156.50M | -$6.69M | $860.62M | -$2.86B | $503.22M | -$568.50M | -$141.66M | -$377.37M | Unavailable |
| Gross margin | 10.8% | 11.0% | 10.2% | 9.4% | 10.3% | 12.6% | 13.4% | 13.6% | 13.6% | 13.8% |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 4.8% | 0.6% | -0.0% | 2.9% | -9.0% | 2.7% | -2.8% | -0.8% | -2.2% | Unavailable |
| SBC / revenue | 0.4% | 0.5% | 0.5% | 0.3% | 0.3% | 0.6% | 0.5% | 0.4% | 0.4% | 0.6% |
| Current ratio | 2.20x | 2.31x | 2.26x | 2.60x | 3.20x | 2.42x | 2.39x | 2.45x | 2.61x | 2.60x |
| Revenue YoY growth | -1.8% | -0.7% | -10.6% | -6.9% | 68.3% | -6.7% | 11.8% | 6.1% | 7.8% | Unavailable |
| Net margin | 1.0% | 1.9% | 1.8% | 1.6% | 3.6% | 3.9% | 4.4% | 4.6% | 3.9% | 3.9% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 2.1% | 1.8% | 1.8% | 1.4% | 1.0% | 0.9% | 1.6% | 1.7% | 1.7% | 2.6% |
| Long-term debt / equity | 2.93x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 35.5% | 25.2% | 25.3% | 23.9% | 22.9% | 22.6% | 23.5% | 24.3% | 37.6% | 37.7% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open KMX in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-06-24View SEC filing
10-K · Filed 2026-04-15View SEC filing
10-Q · Filed 2025-12-23View SEC filing
10-Q · Filed 2025-09-26View SEC filing
10-Q · Filed 2025-06-26View SEC filing
10-K · Filed 2025-04-11View SEC filing
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.