CarMax Operating Income vs Ebitda Analysis

0HTQ Stock   85.15  0.15  0.18%   
CarMax financial indicator trend analysis is way more than just evaluating CarMax Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarMax Inc is a good investment. Please check the relationship between CarMax Operating Income and its Ebitda accounts. 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.

Operating Income vs Ebitda

Operating Income vs Ebitda Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Operating Income account and Ebitda. At this time, the significance of the direction appears to have almost identical trend.
The correlation between CarMax's Operating Income and Ebitda is 0.98. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Ebitda in the same time period over historical financial statements of CarMax Inc, assuming nothing else is changed. The correlation between historical values of CarMax's Operating Income and Ebitda is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of CarMax Inc are associated (or correlated) with its Ebitda. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebitda has no effect on the direction of Operating Income i.e., CarMax's Operating Income and Ebitda go up and down completely randomly.

Correlation Coefficient

0.98
Relationship DirectionPositive 
Relationship StrengthVery Strong

Operating Income

Operating Income is the amount of profit realized from CarMax Inc operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of CarMax Inc is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Ebitda

Most indicators from CarMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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.
Selling General Administrative is likely to drop to about 1.6 B in 2024. Tax Provision is likely to drop to about 244.5 M in 2024
 2021 2022 2023 2024 (projected)
Total Revenue31.9B29.7B26.5B27.9B
Depreciation And Amortization273.2M265.2M260.4M273.4M

CarMax fundamental ratios Correlations

0.640.970.940.990.990.970.341.00.230.120.28-0.831.00.940.970.831.00.941.00.680.92-0.810.32-0.30.84
0.640.60.520.670.650.65-0.010.65-0.14-0.140.13-0.670.650.590.590.620.650.550.64-0.070.51-0.65-0.03-0.40.57
0.970.60.960.980.940.990.460.960.220.210.39-0.80.950.920.950.770.960.950.950.750.95-0.760.32-0.410.82
0.940.520.960.930.890.950.60.930.230.410.28-0.670.910.880.870.740.910.930.910.771.0-0.620.33-0.480.72
0.990.670.980.930.980.980.340.980.20.10.33-0.870.980.920.970.810.980.920.980.670.91-0.840.3-0.380.87
0.990.650.940.890.980.950.230.990.220.010.27-0.871.00.940.970.841.00.921.00.630.87-0.850.32-0.210.85
0.970.650.990.950.980.950.380.960.120.160.42-0.830.960.950.950.810.960.960.960.680.93-0.790.34-0.380.83
0.34-0.010.460.60.340.230.380.340.510.92-0.110.040.280.210.240.070.280.360.290.620.620.12-0.16-0.560.17
1.00.650.960.930.980.990.960.340.270.110.22-0.841.00.920.960.821.00.911.00.670.91-0.810.27-0.310.85
0.23-0.140.220.230.20.220.120.510.270.29-0.490.040.240.030.22-0.090.230.060.250.440.220.04-0.510.070.19
0.12-0.140.210.410.10.010.160.920.110.29-0.210.250.060.03-0.01-0.050.060.180.060.410.450.32-0.11-0.52-0.07
0.280.130.390.280.330.270.42-0.110.22-0.49-0.21-0.440.260.520.350.320.280.510.260.330.27-0.380.750.050.3
-0.83-0.67-0.8-0.67-0.87-0.87-0.830.04-0.840.040.25-0.44-0.85-0.8-0.87-0.88-0.85-0.76-0.85-0.43-0.640.99-0.380.22-0.86
1.00.650.950.910.981.00.960.281.00.240.060.26-0.850.940.970.831.00.921.00.650.89-0.830.31-0.240.85
0.940.590.920.880.920.940.950.210.920.030.030.52-0.80.940.920.830.940.990.940.640.87-0.780.52-0.130.77
0.970.590.950.870.970.970.950.240.960.22-0.010.35-0.870.970.920.80.970.90.970.680.84-0.850.33-0.210.85
0.830.620.770.740.810.840.810.070.82-0.09-0.050.32-0.880.830.830.80.830.80.830.430.73-0.890.43-0.240.69
1.00.650.960.910.981.00.960.281.00.230.060.28-0.851.00.940.970.830.931.00.650.89-0.840.32-0.250.85
0.940.550.950.930.920.920.960.360.910.060.180.51-0.760.920.990.90.80.930.930.70.93-0.730.51-0.220.75
1.00.640.950.910.981.00.960.291.00.250.060.26-0.851.00.940.970.831.00.930.660.89-0.830.31-0.240.85
0.68-0.070.750.770.670.630.680.620.670.440.410.33-0.430.650.640.680.430.650.70.660.76-0.390.37-0.210.54
0.920.510.951.00.910.870.930.620.910.220.450.27-0.640.890.870.840.730.890.930.890.76-0.590.32-0.490.69
-0.81-0.65-0.76-0.62-0.84-0.85-0.790.12-0.810.040.32-0.380.99-0.83-0.78-0.85-0.89-0.84-0.73-0.83-0.39-0.59-0.370.13-0.83
0.32-0.030.320.330.30.320.34-0.160.27-0.51-0.110.75-0.380.310.520.330.430.320.510.310.370.32-0.370.130.22
-0.3-0.4-0.41-0.48-0.38-0.21-0.38-0.56-0.310.07-0.520.050.22-0.24-0.13-0.21-0.24-0.25-0.22-0.24-0.21-0.490.130.13-0.23
0.840.570.820.720.870.850.830.170.850.19-0.070.3-0.860.850.770.850.690.850.750.850.540.69-0.830.22-0.23
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CarMax Account Relationship Matchups

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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.