Carmax Inc Stock Net Income

KMX Stock  USD 83.97  0.62  0.73%   
CarMax Inc fundamentals help investors to digest information that contributes to CarMax's financial success or failures. It also enables traders to predict the movement of CarMax Stock. The fundamental analysis module provides a way to measure CarMax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CarMax stock.
Last ReportedProjected for Next Year
Net Income479.2 M396.4 M
Net Income Applicable To Common Shares888.4 M932.9 M
Net Income From Continuing Ops479.2 M714.5 M
Net Income Per Share 3.03  1.54 
Net Income Per E B T 0.75  0.52 
At this time, CarMax's Net Income Applicable To Common Shares is fairly stable compared to the past year. Net Income From Continuing Ops is likely to rise to about 714.5 M in 2024, whereas Net Income is likely to drop slightly above 396.4 M in 2024.
  
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CarMax Inc Company Net Income Analysis

CarMax's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current CarMax Net Income

    
  479.2 M  
Most of CarMax's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CarMax Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CarMax Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for CarMax is extremely important. It helps to project a fair market value of CarMax Stock properly, considering its historical fundamentals such as Net Income. Since CarMax's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CarMax's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CarMax's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

CarMax Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

62.24 Million

At this time, CarMax's Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, CarMax Inc reported net income of 479.2 M. This is 6.16% lower than that of the Specialty Retail sector and 72.38% higher than that of the Consumer Discretionary industry. The net income for all United States stocks is 16.07% higher than that of the company.

CarMax Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CarMax's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics of similar companies.
CarMax is currently under evaluation in net income category among its peers.

CarMax ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CarMax's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CarMax's managers, analysts, and investors.
Environmental
Governance
Social

CarMax Institutional Holders

Institutional Holdings refers to the ownership stake in CarMax that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of CarMax's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing CarMax's value.
Shares
Fiduciary Management, Inc. Of Milwaukee2024-09-30
2.9 M
Baird Financial Group, Inc.2024-09-30
2.8 M
Turtle Creek Asset Management Inc.2024-09-30
2.5 M
London Company Of Virginia2024-06-30
2.4 M
First Pacific Advisors, Lp2024-09-30
2.4 M
Dimensional Fund Advisors, Inc.2024-09-30
M
Cooke & Bieler Lp2024-09-30
1.9 M
Wellington Management Company Llp2024-06-30
1.9 M
Ruane, Cunniff & Goldfarb L.p.2024-09-30
1.8 M
Vanguard Group Inc2024-09-30
18.2 M
Blackrock Inc2024-06-30
11.2 M

CarMax Fundamentals

About CarMax Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CarMax Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CarMax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CarMax Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for CarMax Stock Analysis

When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.