CarMax Historical Income Statement
| 0HTQ Stock | 85.00 1.48 1.77% |
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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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.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of CarMax Inc. It is also known as CarMax overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.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.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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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.