CarMax Return On Assets from 2010 to 2024

KMX Stock  USD 84.14  1.02  1.23%   
CarMax Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets will likely drop to 0.02 in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit CarMax Inc earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.01761987
Current Value
0.0167
Quarterly Volatility
0.01047139
 
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 Return On Assets Growth Pattern

Below is the plot of the Return On Assets of CarMax Inc over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. CarMax's Return On Assets 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.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

CarMax Return On Assets Regression Statistics

Arithmetic Mean0.04
Geometric Mean0.03
Coefficient Of Variation29.86
Mean Deviation0.01
Median0.04
Standard Deviation0.01
Sample Variance0.0001
Range0.0286
R-Value(0.56)
Mean Square Error0.000081
R-Squared0.32
Significance0.03
Slope(0)
Total Sum of Squares0

CarMax Return On Assets History

2024 0.0167
2023 0.0176
2022 0.0185
2021 0.0437
2019 0.0347
2018 0.045
2017 0.038

About CarMax Financial Statements

CarMax investors use historical fundamental indicators, such as CarMax's Return On Assets, 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
Return On Assets 0.02  0.02 

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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.