CarMax, Inc.

NYSE:KMX Stock Report

Market Cap: US$13.0b

CarMax Future Growth

Future criteria checks 2/6

CarMax is forecast to grow earnings and revenue by 17.7% and 2.6% per annum respectively. EPS is expected to grow by 19.1% per annum. Return on equity is forecast to be 14.4% in 3 years.

Key information

17.7%

Earnings growth rate

19.1%

EPS growth rate

Specialty Retail earnings growth9.2%
Revenue growth rate2.6%
Future return on equity14.4%
Analyst coverage

Good

Last updated20 Dec 2024

Recent future growth updates

Recent updates

CarMax Delivers Despite Lower Car Prices, Lock In Gains

Dec 19

Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price

Nov 08
Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price

Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?

Oct 18
Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?

CarMax: Still Overvalued Relative To Peers

Sep 27

CarMax (NYSE:KMX) May Have Issues Allocating Its Capital

Sep 21
CarMax (NYSE:KMX) May Have Issues Allocating Its Capital

CarMax: Mixed Signs Of Stabilization

Sep 05

Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)

Aug 09
Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)

Is There Now An Opportunity In CarMax, Inc. (NYSE:KMX)?

Jul 19
Is There Now An Opportunity In CarMax, Inc. (NYSE:KMX)?

Are Investors Undervaluing CarMax, Inc. (NYSE:KMX) By 47%?

Jun 28
Are Investors Undervaluing CarMax, Inc. (NYSE:KMX) By 47%?

CarMax: Continued Share Loss Should Drive De-Rating

Jun 19

Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price

Apr 30
Why We're Not Concerned About CarMax, Inc.'s (NYSE:KMX) Share Price

CarMax: Buy The Q4 Earnings Dip, Here's Why

Apr 11

Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?

Apr 03
Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?

CarMax (NYSE:KMX) May Have Issues Allocating Its Capital

Mar 12
CarMax (NYSE:KMX) May Have Issues Allocating Its Capital

CarMax: The Anticipated Earnings Recovery Is Reflected In Valuation

Mar 06

Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)

Jan 30
Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)

CarMax Q3 2024 Earnings: Still Too Cheap

Dec 22

CarMax: Potential Credit Losses Make Shares Unattractive

Dec 03

CarMax: We Bought Amidst The UAW Strike

Sep 27

CarMax Is Substantially Overvalued And Its Fundamentals Are Deteriorating

Aug 23

CarMax: I Would Not Make A Long-Term Investment

Jun 19

CarMax: A Great, But Pricey, Company

Feb 24

CarMax and UVeye tie-up to provide tech solutions for wholesale vehicles

Jan 24

CarMax gains on activist investor speculation

Jan 17

CarMax Q3 2023 Earnings Preview

Dec 21

CarMax: Near-Term Headwinds Present Long-Term Opportunity

Nov 01

Alphyn Capital - CarMax: An Attractive Compounder In A Cyclical Industry

Oct 26

CarMax FQ2 2023 Earnings Preview

Sep 28

CarMax: The Right Business Model For Any Environment

Sep 07

CarMax: Tailwinds Weakening, Headwinds On The Horizon

Jun 27

Earnings and Revenue Growth Forecasts

NYSE:KMX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
2/28/202728,6326655061,22713
2/28/202627,11559018563218
2/28/202526,19051111054618
11/30/202427,796461338788N/A
8/31/202427,6794185531,021N/A
5/31/202427,69240394526N/A
2/29/202428,213479-7459N/A
11/30/202328,248498-688-230N/A
8/31/202328,544454314743N/A
5/31/202329,556461102567N/A
2/28/202331,1264858611,283N/A
11/30/202233,0515767941,195N/A
8/31/202235,037807-1,060-685N/A
5/31/202234,848967-2,251-1,907N/A
2/28/202233,1971,151-2,858-2,549N/A
11/30/202130,6331,201-2,551-2,283N/A
8/31/202127,2491,167-1,818-1,607N/A
5/31/202124,5891,179-854-694N/A
2/28/202120,092747503668N/A
11/30/202019,883752543750N/A
8/31/202019,478690526779N/A
5/31/202019,303627654970N/A
2/29/202021,424888-569-237N/A
11/30/201920,747866-380-70N/A
8/31/201920,222883-378-73N/A
5/31/201919,754871-329-25N/A
2/28/201919,146842-142163N/A
11/30/201818,880772-85227N/A
8/31/201818,661731N/A-51N/A
5/31/201818,253691N/A-41N/A
2/28/201817,977664N/A-81N/A
11/30/201717,918695N/A-312N/A
8/31/201717,488682N/A-341N/A
5/31/201717,076663N/A-351N/A
2/28/201716,637627N/A-455N/A
11/30/201616,274615N/A-103N/A
8/31/201616,096607N/A-97N/A
5/31/201615,963617N/A-179N/A
2/29/201615,833623N/A-117N/A
11/30/201515,619626N/A-565N/A
8/31/201515,461627N/A-616N/A
5/31/201515,156610N/A-641N/A
2/28/201514,874597N/A-968N/A
11/30/201414,420553N/A-905N/A
8/31/201413,942530N/A-786N/A
5/31/201413,575516N/A-745N/A
2/28/201413,122493N/A-613N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KMX's forecast earnings growth (17.7% per year) is above the savings rate (2.6%).

Earnings vs Market: KMX's earnings (17.7% per year) are forecast to grow faster than the US market (15.2% per year).

High Growth Earnings: KMX's earnings are forecast to grow, but not significantly.

Revenue vs Market: KMX's revenue (2.6% per year) is forecast to grow slower than the US market (9.1% per year).

High Growth Revenue: KMX's revenue (2.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: KMX's Return on Equity is forecast to be low in 3 years time (14.4%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:06
End of Day Share Price 2024/12/20 00:00
Earnings2024/11/30
Annual Earnings2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CarMax, Inc. is covered by 45 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullArgus Research Company
Craig KennisonBaird
Ishan MajumdarBaptista Research