CarMax Gross Profit from 2010 to 2024

KMX Stock  USD 83.97  0.62  0.73%   
CarMax Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 1.5 B in 2024. Gross Profit is the profit CarMax Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1997-05-31
Previous Quarter
725.8 M
Current Value
760.5 M
Quarterly Volatility
239.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check CarMax financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CarMax's main balance sheet or income statement drivers, such as Depreciation And Amortization of 273.4 M, Interest Expense of 882.4 M or Total Revenue of 27.9 B, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0146 or PTB Ratio of 2.33. CarMax financial statements analysis is a perfect complement when working with CarMax Valuation or Volatility modules.
  
Check out the analysis of CarMax Correlation against competitors.

Latest CarMax's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of CarMax Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of CarMax Inc minus its cost of goods sold. It is profit before CarMax operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. CarMax's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in CarMax's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.8 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

CarMax Gross Profit Regression Statistics

Arithmetic Mean2,050,513,707
Geometric Mean1,646,513,621
Coefficient Of Variation37.39
Mean Deviation570,749,151
Median2,183,294,000
Standard Deviation766,789,057
Sample Variance587965.5T
Range3.2B
R-Value0.69
Mean Square Error331062.5T
R-Squared0.48
Significance0
Slope118,437,804
Total Sum of Squares8231516.4T

CarMax Gross Profit History

20241.5 B
20232.7 B
20222.8 B
20213.3 B
20192.4 B
20182.5 B
20172.3 B

Other Fundumenentals of CarMax Inc

CarMax Gross Profit component correlations

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About CarMax Financial Statements

CarMax investors use historical fundamental indicators, such as CarMax's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in CarMax. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.7 B1.5 B
Gross Profit Margin 0.10  0.10 

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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.