CarMax Historical Income Statement
0HTQ Stock | 85.15 0.15 0.18% |
Historical analysis of CarMax income statement accounts such as Total Revenue of 27.9 B, Gross Profit of 1.5 B or Other Operating Expenses of 27.4 B can show how well CarMax Inc performed in making a profits. Evaluating CarMax income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of CarMax's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining CarMax Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether CarMax Inc is a good buy for the upcoming year.
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About CarMax Income Statement Analysis
CarMax Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to CarMax shareholders. The income statement also shows CarMax investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
CarMax Income Statement Chart
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Depreciation And Amortization
The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.Total Revenue
Total revenue comprises all receipts CarMax Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Cost Of Revenue
Cost of Revenue is found on CarMax Inc income statement and represents the costs associated with goods and services CarMax provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Most accounts from CarMax's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into CarMax Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, CarMax's Depreciation And Amortization is comparatively stable compared to the past year. Total Revenue is likely to gain to about 27.9 B in 2024, whereas Operating Income is likely to drop slightly above 623.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 31.9B | 29.7B | 26.5B | 27.9B | Depreciation And Amortization | 273.2M | 265.2M | 260.4M | 273.4M |
CarMax income statement Correlations
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CarMax Account Relationship Matchups
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.