we always knew there had to be a better way to buy used cars. one that would make the process easy and fun. so we created carmax, and we've been changing the way america buys cars since we opened our first store in richmond, virginia in 1993. through hard work and dedication, we've grown from that one store in richmond to more than 150 stores across the country. we are selling almost 600,000 vehicles a year. and the news is buzzing with stories about carmax, the experience we offer our customers, and the work environment we provide for our associates. in fact, we know our associates are fundamental to our success and are the key to our future growth. in fact, carmax is listed on the fortune® 500 list, and we've been named one of fortune's "100 best companies to work for" 11 years running. we're also named as one of training magazine's top training 125 year after year. in 2015, we were also recognized by great place to work® and fortune as one of the 50 best workplaces for diversity
Company profile
Ticker
KMX
Exchange
Website
CEO
William Nash
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
CarMax Auto Superstores, Inc. • CarMax Business Services, LLC • CarMax Enterprise Services, LLC • Glen Allen Insurance, Ltd. ...
IRS number
541821055
KMX stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
5 Jan 24
8-K
Carmax Reports Third Quarter Fiscal 2024 Results
21 Dec 23
8-K
Amendments to Articles of Incorporation or Bylaws
26 Oct 23
10-Q
2024 Q2
Quarterly report
29 Sep 23
8-K
Carmax Reports Second Quarter Fiscal 2024 Results
28 Sep 23
S-8
Registration of securities for employees
29 Jun 23
8-K
Departure of Directors or Certain Officers
28 Jun 23
10-Q
2024 Q1
Quarterly report
26 Jun 23
8-K
Carmax Reports First Quarter Fiscal 2024 Results
23 Jun 23
DEFA14A
Additional proxy soliciting materials
13 Jun 23
Transcripts
KMX
Earnings call transcript
2024 Q3
21 Dec 23
KMX
Earnings call transcript
2024 Q2
28 Sep 23
KMX
Earnings call transcript
2024 Q1
23 Jun 23
KMX
Earnings call transcript
2023 Q4
11 Apr 23
KMX
Earnings call transcript
2023 Q3
22 Dec 22
KMX
Earnings call transcript
2023 Q2
29 Sep 22
KMX
Earnings call transcript
2023 Q1
24 Jun 22
KMX
Earnings call transcript
2022 Q4
12 Apr 22
KMX
Earnings call transcript
2022 Q3
22 Dec 21
KMX
Earnings call transcript
2022 Q2
30 Sep 21
Latest ownership filings
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
PRINCIPAL GLOBAL INVESTORS
13 Feb 24
SC 13G/A
Capital Research Global Investors
9 Feb 24
4
Jill A Livesay
30 Jan 24
4
Diane L Cafritz
29 Jan 24
SC 13G/A
BlackRock Inc.
26 Jan 24
144
Notice of proposed sale of securities
26 Jan 24
4
Diane L Cafritz
24 Jan 24
144
Notice of proposed sale of securities
23 Jan 24
4
Enrique N Mayor-Mora
29 Dec 23
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Feb 23 | Feb 22 | Feb 21 | Feb 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.26 bn | 1.26 bn | 1.26 bn | 1.26 bn | 1.26 bn | 1.26 bn |
Cash burn (monthly) | (no burn) | 5.00 mm | (no burn) | (no burn) | (no burn) | 19.15 mm |
Cash used (since last report) | n/a | 19.87 mm | n/a | n/a | n/a | 76.14 mm |
Cash remaining | n/a | 1.24 bn | n/a | n/a | n/a | 1.18 bn |
Runway (months of cash) | n/a | 248.2 | n/a | n/a | n/a | 61.8 |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 678 |
Opened positions | 70 |
Closed positions | 78 |
Increased positions | 229 |
Reduced positions | 250 |
13F shares | Current |
---|---|
Total value | 11.58 tn |
Total shares | 163.64 mm |
Total puts | 5.10 mm |
Total calls | 2.42 mm |
Total put/call ratio | 2.1 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 17.85 mm | $1.26 tn |
BLK Blackrock | 10.64 mm | $752.73 bn |
PFG Principal Financial Group Inc - Registered Shares | 9.89 mm | $699.37 bn |
STT State Street | 6.09 mm | $431.05 bn |
Primecap Management | 5.71 mm | $403.57 bn |
Ruane, Cunniff & Goldfarb | 5.57 mm | $393.64 bn |
Diamond Hill Capital Management | 5.55 mm | $392.46 bn |
JHG Janus Henderson | 4.59 mm | $324.36 bn |
Capital Research Global Investors | 4.15 mm | $293.55 bn |
Wellington Management | 3.60 mm | $254.47 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
29 Jan 24 | Livesay Jill A | Common Stock | Sell | Dispose S | No | No | 70.89 | 14,199 | 1.01 mm | 9,068 |
29 Jan 24 | Livesay Jill A | Common Stock | Option exercise | Acquire M | No | No | 58.38 | 14,199 | 828.94 k | 23,267 |
29 Jan 24 | Livesay Jill A | Stock Options Common Stock | Option exercise | Dispose M | No | No | 58.38 | 14,199 | 828.94 k | 0 |
26 Jan 24 | Cafritz Diane L | Common Stock | Sell | Dispose S | No | No | 70.08 | 22,000 | 1.54 mm | 5,073 |
26 Jan 24 | Cafritz Diane L | Common Stock | Option exercise | Acquire M | No | No | 63.04 | 22,000 | 1.39 mm | 27,073 |
26 Jan 24 | Cafritz Diane L | Stock Options Common Stock | Option exercise | Dispose M | No | No | 63.04 | 22,000 | 1.39 mm | 15,356 |
23 Jan 24 | Cafritz Diane L | Common Stock | Sell | Dispose S | No | No | 70.54 | 2,730 | 192.57 k | 5,073 |
23 Jan 24 | Cafritz Diane L | Common Stock | Option exercise | Acquire M | No | No | 63.04 | 2,730 | 172.10 k | 7,803 |
23 Jan 24 | Cafritz Diane L | Stock Options Common Stock | Option exercise | Dispose M | No | No | 63.04 | 2,730 | 172.10 k | 37,356 |
28 Dec 23 | Mayor-Mora Enrique N | Common Stock | Payment of exercise | Dispose F | No | No | 77.84 | 51 | 3.97 k | 17,552 |
News
Evercore ISI Group Maintains In-Line on CarMax, Raises Price Target to $85
26 Mar 24
Looking Into CarMax's Recent Short Interest
22 Mar 24
CarMax On The Fast Track, Analyst Upgrades Stock Citing Recovery Signs
20 Mar 24
What Analysts Are Saying About CarMax Stock
19 Mar 24
Mizuho Initiates Coverage On CarMax with Neutral Rating, Announces Price Target of $80
19 Mar 24