Income Statement (TTM)
CarMax, Inc. Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.
All numbers are times 1,000,000 except per share units.
|
2020 11-30 |
2021 02-28 |
2021 05-31 |
2021 08-31 |
2021 11-30 |
2022 02-28 |
2022 05-31 |
2022 08-31 |
2022 11-30 |
2023 02-28 |
2023 05-31 |
2023 08-31 |
2023 11-30 |
2024 02-29 |
2024 05-31 |
2024 08-31 |
2024 11-30 |
2025 02-28 |
2025 05-31 |
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19,883 | 20,092 | 24,589 | 27,249 | 30,633 | 33,197 | 34,848 | 35,037 | 33,051 | 31,126 | 29,556 | 28,544 | 28,248 | 28,213 | 27,692 | 27,679 | 27,796 | 28,207 | 28,673 |
| Change (%) | 1.05 | 22.38 | 10.82 | 12.42 | 8.37 | 4.97 | 0.54 | -5.67 | -5.82 | -5.05 | -3.42 | -1.04 | -0.12 | -1.85 | -0.05 | 0.42 | 1.48 | 1.65 | |
| % of Revenue | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 | 100.00 |
| Cost Of Sales | 16,986 | 17,150 | 20,886 | 23,430 | 26,619 | 29,108 | 30,845 | 31,130 | 29,417 | 27,663 | 26,217 | 25,294 | 24,966 | 24,932 | 24,426 | 24,369 | 24,410 | 24,728 | 25,097 |
| Change (%) | 0.97 | 21.78 | 12.18 | 13.61 | 9.35 | 5.97 | 0.92 | -5.50 | -5.96 | -5.23 | -3.52 | -1.30 | -0.13 | -2.03 | -0.23 | 0.17 | 1.30 | 1.49 | |
| % of Revenue | 85.43 | 85.36 | 84.94 | 85.98 | 86.90 | 87.68 | 88.51 | 88.85 | 89.01 | 88.87 | 88.70 | 88.61 | 88.38 | 88.37 | 88.21 | 88.04 | 87.82 | 87.66 | 87.53 |
| Gross Operating Profit | 2,897 | 2,942 | 3,703 | 3,819 | 4,014 | 4,089 | 4,003 | 3,907 | 3,634 | 3,464 | 3,338 | 3,250 | 3,283 | 3,281 | 3,266 | 3,310 | 3,386 | 3,480 | 3,576 |
| Change (%) | 1.55 | 25.87 | 3.14 | 5.10 | 1.87 | -2.11 | -2.39 | -7.00 | -4.68 | -3.61 | -2.64 | 1.00 | -0.04 | -0.48 | 1.36 | 2.30 | 2.77 | 2.77 | |
| % of Revenue | 14.57 | 14.64 | 15.06 | 14.02 | 13.10 | 12.32 | 11.49 | 11.15 | 10.99 | 11.13 | 11.30 | 11.39 | 11.62 | 11.63 | 11.79 | 11.96 | 12.18 | 12.34 | 12.47 |
| SG&A | 1,723 | 1,704 | 1,934 | 2,058 | 2,226 | 2,325 | 2,442 | 2,542 | 2,535 | 2,487 | 2,450 | 2,310 | 2,278 | 2,354 | 2,373 | 2,390 | 2,406 | 2,435 | 2,456 |
| Change (%) | -1.06 | 13.45 | 6.43 | 8.15 | 4.47 | 5.04 | 4.08 | -0.27 | -1.90 | -1.51 | -5.70 | -1.38 | 3.30 | 0.83 | 0.72 | 0.66 | 1.23 | 0.86 | |
| % of Revenue | 8.66 | 8.48 | 7.86 | 7.55 | 7.27 | 7.00 | 7.01 | 7.26 | 7.67 | 7.99 | 8.29 | 8.09 | 8.07 | 8.34 | 8.57 | 8.63 | 8.66 | 8.63 | 8.57 |
| R&D | |||||||||||||||||||
| Change (%) | |||||||||||||||||||
| % of Revenue | |||||||||||||||||||
| OpEx | 18,853 | 19,049 | 23,015 | 25,688 | 29,051 | 31,645 | 33,505 | 33,895 | 32,178 | 30,379 | 28,898 | 27,837 | 27,480 | 27,525 | 27,042 | 27,007 | 27,068 | 27,418 | 27,813 |
| Change (%) | 1.04 | 20.82 | 11.61 | 13.10 | 8.93 | 5.88 | 1.16 | -5.06 | -5.59 | -4.87 | -3.67 | -1.28 | 0.16 | -1.75 | -0.13 | 0.23 | 1.30 | 1.44 | |
| % of Revenue | 94.82 | 94.81 | 93.60 | 94.27 | 94.84 | 95.33 | 96.15 | 96.74 | 97.36 | 97.60 | 97.78 | 97.52 | 97.28 | 97.56 | 97.65 | 97.57 | 97.38 | 97.20 | 97.00 |
| Operating Income | 1,029 | 1,043 | 1,574 | 1,561 | 1,582 | 1,552 | 1,342 | 1,142 | 873 | 748 | 658 | 708 | 769 | 689 | 650 | 672 | 729 | 789 | 860 |
| Change (%) | 1.34 | 50.89 | -0.81 | 1.31 | -1.89 | -13.49 | -14.91 | -23.62 | -14.29 | -12.07 | 7.64 | 8.64 | -10.41 | -5.63 | 3.42 | 8.38 | 8.27 | 9.06 | |
| % of Revenue | 5.18 | 5.19 | 6.40 | 5.73 | 5.16 | 4.67 | 3.85 | 3.26 | 2.64 | 2.40 | 2.22 | 2.48 | 2.72 | 2.44 | 2.35 | 2.43 | 2.62 | 2.80 | 3.00 |
| Interest Expense | -88 | -86 | -83 | -83 | -88 | -94 | -102 | -113 | -119 | -120 | -122 | -121 | -122 | -125 | -126 | -121 | -115 | -108 | -104 |
| Change (%) | -2.29 | -3.97 | -0.07 | 5.85 | 7.49 | 8.76 | 10.10 | 5.19 | 1.59 | 1.40 | -0.95 | 0.92 | 2.22 | 0.72 | -3.63 | -4.83 | -6.33 | -3.98 | |
| % of Revenue | -0.44 | -0.43 | -0.34 | -0.30 | -0.29 | -0.28 | -0.29 | -0.32 | -0.36 | -0.39 | -0.41 | -0.42 | -0.43 | -0.44 | -0.45 | -0.44 | -0.41 | -0.38 | -0.36 |
| Net Income | 752 | 747 | 1,179 | 1,167 | 1,201 | 1,151 | 967 | 807 | 576 | 485 | 461 | 454 | 498 | 479 | 403 | 418 | 461 | 501 | 558 |
| Change (%) | -0.66 | 57.81 | -0.97 | 2.92 | -4.17 | -16.02 | -16.48 | -28.72 | -15.78 | -4.94 | -1.58 | 9.80 | -3.76 | -15.83 | 3.51 | 10.40 | 8.59 | 11.58 | |
| % of Revenue | 3.78 | 3.72 | 4.79 | 4.28 | 3.92 | 3.47 | 2.77 | 2.30 | 1.74 | 1.56 | 1.56 | 1.59 | 1.76 | 1.70 | 1.46 | 1.51 | 1.66 | 1.77 | 1.95 |
Source: Capital IQ
