Last 7 days
-1.2%
Last 30 days
-16.8%
Last 90 days
-4.0%
Trailing 12 Months
-41.8%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
HD | 287.5B | 157.4B | -4.48% | -8.67% | 16.81 | 1.83 | 4.13% | 4.09% |
ORLY | 50.6B | 14.4B | -3.77% | 15.78% | 23.27 | 3.51 | 8.12% | 0.37% |
AZO | 44.3B | 16.6B | -9.27% | 15.68% | 18.34 | 2.67 | 9.40% | 5.72% |
KMX | 9.1B | 31.6B | -16.85% | -41.80% | 15.86 | 0.29 | 7.73% | -52.09% |
MID-CAP | ||||||||
PAG | 9.3B | 27.8B | -10.01% | 32.05% | 6.71 | 0.33 | 8.84% | 16.18% |
AAP | 6.6B | 11.2B | -22.83% | -47.92% | 13.09 | 0.59 | 1.43% | -18.54% |
AN | 5.9B | 27.0B | -13.37% | 9.90% | 4.31 | 0.22 | 4.41% | 0.32% |
LAD | 5.8B | 28.2B | -17.52% | -33.88% | 4.63 | 0.21 | 23.46% | 18.01% |
MUSA | 5.7B | 23.4B | -7.70% | 29.37% | 8.48 | 0.24 | 35.05% | 69.54% |
ABG | 4.4B | 15.4B | -13.37% | 14.02% | 4.4 | 0.28 | 66.05% | 78.54% |
SMALL-CAP | ||||||||
TA | 1.3B | 10.8B | 2.29% | 92.05% | 7.94 | 0.12 | 47.82% | 180.33% |
CWH | 804.4M | 7.0B | -18.57% | -34.19% | 5.87 | 0.12 | 0.77% | -50.82% |
CRMT | 473.8M | 1.3B | -4.64% | -13.46% | 7.61 | 0.35 | 25.02% | -44.81% |
LAZY | 129.1M | 1.3B | -8.86% | -41.55% | 1.94 | 0.1 | 7.44% | -19.05% |
LMPX | 92.2M | - | 64.08% | -52.53% | 1.2K | 0.29 | - | - |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | -6.0% | 31,649 | 33,671 | 33,514 | 31,900 | 29,378 |
Cost Of Revenue | -5.8% | 28,749 | 30,511 | 30,276 | 28,613 | 26,160 |
Gross Profit | -8.2% | 2,900 | 3,160 | 3,238 | 3,288 | 3,218 |
S&GA Expenses | 0.6% | 2,535 | 2,520 | 2,428 | 2,325 | 2,211 |
EBITDA | -21.3% | 1,100 | 1,397 | 1,582 | - | - |
EBITDA Margin | -16.2% | 0.03* | 0.04* | 0.05* | - | - |
Earnings Before Taxes | -28.8% | 755 | 1,061 | 1,262 | 1,492 | 1,553 |
EBT Margin | -24.3% | 0.02* | 0.03* | 0.04* | - | - |
Interest Expenses | 5.2% | 119 | 113 | 102 | 94.00 | 88.00 |
Net Income | -28.7% | 576 | 807 | 967 | 1,151 | 1,201 |
Net Income Margin | -24.2% | 0.02* | 0.02* | 0.03* | - | - |
Free Cahsflow | 174.9% | 794 | -1,059 | -2,250 | - | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -2.0% | 25,939 | 26,471 | 26,339 | 26,338 | 25,575 |
Current Assets | -15.1% | 4,984 | 5,872 | 6,118 | 6,549 | 5,955 |
Cash Equivalents | 1113.0% | 689 | 57.00 | 95.00 | 103 | 63.00 |
Inventory | -26.9% | 3,415 | 4,672 | 4,691 | 5,125 | 4,659 |
Net PPE | 1.9% | 3,375 | 3,313 | 3,259 | 3,209 | 3,176 |
Goodwill | 0% | 141 | 141 | 141 | 141 | 141 |
Liabilities | -2.9% | 20,451 | 21,056 | 20,938 | 21,103 | 20,465 |
Current Liabilities | -9.2% | 1,937 | 2,132 | 2,252 | 2,047 | 2,057 |
LT Debt, Current | 0.2% | 113 | 113 | 112 | 11.00 | 11.00 |
Shareholder's Equity | 1.4% | 5,488 | 5,414 | 5,401 | 5,235 | 5,110 |
Retained Earnings | 1.0% | 3,654 | 3,619 | 3,637 | 3,524 | 3,456 |
Additional Paid-In Capital | 0.8% | 1,697 | 1,684 | 1,678 | 1,677 | 1,673 |
Accumulated Depreciation | 2.6% | 1,585 | 1,545 | 1,494 | 1,438 | 1,542 |
Shares Outstanding | 0.0% | 158 | 158 | 160 | 161 | 162 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 274.6% | 1,195 | -684 | -1,906 | -2,549 | -2,283 |
Share Based Compensation | -21.8% | 65.00 | 83.00 | 91.00 | 109 | 157 |
Cashflow From Investing | -16.8% | -409 | -350 | -559 | -523 | -438 |
Cashflow From Financing | -122.7% | -230 | 1,013 | 2,175 | 3,105 | 2,618 |
Buy Backs | -21.0% | 424 | 536 | 594 | 576 | 531 |
72.7%
43.9%
38.5%
Y-axis is the maximum loss one would have experienced if Carmax was unfortunately bought at previous high price.
3.5%
2.4%
-0.5%
0.9%
FIve years rolling returns for Carmax.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | BAILLIE GIFFORD & CO | added | 224 | 5,541,210 | 8,324,210 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 19.33 | 472,577 | 5,166,580 | 0.01% |
2023-03-08 | SHEETS SMITH WEALTH MANAGEMENT | reduced | -17.41 | -632,452 | 2,021,550 | 0.32% |
2023-03-06 | Rockefeller Capital Management L.P. | reduced | -25.96 | -127,000 | 274,000 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 3,653 | 3,653 | -% |
2023-03-01 | Lakewood Asset Management LLC | new | - | 1,377,000 | 1,377,000 | 1.11% |
2023-02-28 | Voya Investment Management LLC | reduced | -2.14 | -544,594 | 5,045,410 | 0.01% |
2023-02-27 | ST GERMAIN D J CO INC | new | - | 44,145 | 44,145 | 0.01% |
2023-02-24 | NATIXIS | sold off | -100 | -2,438,000 | - | -% |
2023-02-24 | National Pension Service | reduced | -91.15 | -17,138,200 | 1,544,660 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 15, 2023 | principal global investors | 6.34% | 10,022,302 | SC 13G/A | |
Feb 13, 2023 | capital research global investors | 5.1% | 7,997,343 | SC 13G | |
Feb 09, 2023 | vanguard group inc | 11.28% | 17,821,225 | SC 13G/A | |
Feb 01, 2023 | blackrock inc. | 6.6% | 10,449,547 | SC 13G/A | |
Feb 15, 2022 | principal global investors | 5.33% | 8,631,463 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 10.74% | 17,386,633 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 6.3% | 10,200,300 | SC 13G/A | |
Nov 08, 2021 | primecap management co/ca/ | 4.49% | 7,278,317 | SC 13G/A | |
Feb 16, 2021 | principal global investors | 5.64% | 9,174,243 | SC 13G | |
Feb 12, 2021 | primecap management co/ca/ | 5.26% | 8,582,253 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 124.42 115.33% | 150.75 160.90% | 208.54 260.92% | 317.68 449.81% | 446.73 673.16% |
Current Inflation | 114.19 97.63% | 136.49 136.22% | 185.20 220.53% | 277.42 380.13% | 386.53 568.97% |
Very High Inflation | 101.58 75.80% | 119.24 106.37% | 157.64 172.83% | 230.74 299.34% | 317.27 449.10% |
Date Filed | Form Type | Document | |
---|---|---|---|
Feb 15, 2023 | SC 13G/A | Major Ownership Report | |
Feb 13, 2023 | SC 13G | Major Ownership Report | |
Feb 09, 2023 | SC 13G/A | Major Ownership Report | |
Feb 01, 2023 | SC 13G/A | Major Ownership Report | |
Jan 06, 2023 | 10-Q | Quarterly Report | |
Jan 03, 2023 | 4 | Insider Trading | |
Dec 30, 2022 | 4 | Insider Trading | |
Dec 28, 2022 | 4 | Insider Trading | |
Dec 28, 2022 | 4 | Insider Trading | |
Dec 22, 2022 | 8-K | Current Report |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2022-12-30 | Nash William D | bought | 501,256 | 60.98 | 8,220 | president & ceo |
2022-12-26 | Mayor-Mora Enrique N | acquired | - | - | 331 | evp & cfo |
2022-12-26 | Livesay Jill A | sold (taxes) | -61,363 | 60.16 | -1,020 | vp, controller & pao |
2022-12-26 | Mayor-Mora Enrique N | sold (taxes) | -9,024 | 60.16 | -150 | evp & cfo |
2022-07-21 | Cafritz Diane L | sold | -1,473,840 | 94.75 | -15,555 | evp, general counsel & chro |
2022-07-21 | Cafritz Diane L | acquired | 908,101 | 58.38 | 15,555 | evp, general counsel & chro |
2022-07-18 | Shamim Mohammad | sold | -324,553 | 93.91 | -3,456 | evp and cito |
2022-07-01 | Satriano Pietro | acquired | - | - | 1,996 | - |
2022-07-01 | FOLLIARD THOMAS J | acquired | - | - | 1,996 | - |
2022-07-01 | Cafritz Diane L | acquired | 875,700 | 58.38 | 15,000 | evp, general counsel & chro |
Consolidated Statements Of Earnings - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Nov. 30, 2022 | Nov. 30, 2021 | Nov. 30, 2022 | Nov. 30, 2021 | |
SALES AND OPERATING REVENUES: | ||||
NET SALES AND OPERATING REVENUES | $ 6,505,956 | $ 8,527,759 | $ 23,962,380 | $ 24,213,717 |
TOTAL COST OF SALES | 5,929,268 | 7,691,199 | 21,773,156 | 21,637,164 |
GROSS PROFIT | 576,688 | 836,560 | 2,189,224 | 2,576,553 |
CARMAX AUTO FINANCE INCOME | 152,196 | 165,968 | 539,538 | 607,732 |
Selling, general and administrative expenses | 591,727 | 575,930 | 1,914,508 | 1,704,285 |
Depreciation, Depletion and Amortization, Nonproduction | 57,377 | 54,428 | 170,717 | 157,107 |
Interest expense | 30,150 | 24,303 | 91,670 | 67,247 |
Other income | (363) | (8,094) | (2,303) | (35,453) |
Earnings before income taxes | 49,993 | 355,961 | 554,170 | 1,291,099 |
Income tax provision | 12,413 | 86,523 | 138,420 | 299,638 |
NET EARNINGS | $ 37,580 | $ 269,438 | $ 415,750 | $ 991,461 |
WEIGHTED AVERAGE COMMON SHARES: | ||||
Basic, shares | 158,003 | 162,006 | 159,044 | 162,710 |
Diluted, shares | 158,536 | 164,873 | 160,195 | 165,606 |
NET EARNINGS PER SHARE: | ||||
Basic (in dollars per share) | $ 0.24 | $ 1.66 | $ 2.61 | $ 6.09 |
Diluted (in dollars per share) | $ 0.24 | $ 1.63 | $ 2.60 | $ 5.99 |
Used vehicle sales | ||||
SALES AND OPERATING REVENUES: | ||||
NET SALES AND OPERATING REVENUES | $ 5,204,584 | $ 6,435,590 | $ 18,503,159 | $ 18,697,300 |
TOTAL COST OF SALES | 4,801,790 | 5,927,237 | 17,041,898 | 17,085,416 |
Wholesale vehicle sales | ||||
SALES AND OPERATING REVENUES: | ||||
NET SALES AND OPERATING REVENUES | 1,152,207 | 1,922,283 | 4,959,050 | 4,998,212 |
TOTAL COST OF SALES | 1,037,534 | 1,710,103 | 4,512,053 | 4,411,175 |
Total other sales and revenues | ||||
SALES AND OPERATING REVENUES: | ||||
NET SALES AND OPERATING REVENUES | 149,165 | 169,886 | 500,171 | 518,205 |
TOTAL COST OF SALES | $ 89,944 | $ 53,859 | $ 219,205 | $ 140,573 |
NET SALES AND OPERATING REVENUES | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 100.00% | 100.00% | 100.00% | 100.00% |
TOTAL COST OF SALES | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 91.10% | 90.20% | 90.90% | 89.40% |
GROSS PROFIT | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 8.90% | 9.80% | 9.10% | 10.60% |
CARMAX AUTO FINANCE INCOME | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 2.30% | 1.90% | 2.30% | 2.50% |
Selling, general and administrative expenses | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 9.10% | 6.80% | 8.00% | 7.00% |
Depreciation and Amortization, Nonproduction | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.90% | 0.60% | 0.70% | 0.60% |
Interest expense | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.50% | 0.30% | 0.40% | 0.30% |
Other income | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.00% | (0.10%) | 0.00% | (0.10%) |
Earnings before income taxes | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.80% | 4.20% | 2.30% | 5.30% |
Income tax provision | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.20% | 1.00% | 0.60% | 1.20% |
NET EARNINGS | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 0.60% | 3.20% | 1.70% | 4.10% |
NET SALES AND OPERATING REVENUES | Used vehicle sales | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 80.00% | 75.50% | 77.20% | 77.20% |
NET SALES AND OPERATING REVENUES | Wholesale vehicle sales | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 17.70% | 22.50% | 20.70% | 20.60% |
NET SALES AND OPERATING REVENUES | Total other sales and revenues | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 2.30% | 2.00% | 2.10% | 2.10% |
TOTAL COST OF SALES | Used vehicle sales | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 73.80% | 69.50% | 71.10% | 70.60% |
TOTAL COST OF SALES | Wholesale vehicle sales | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 15.90% | 20.10% | 18.80% | 18.20% |
TOTAL COST OF SALES | Total other sales and revenues | ||||
Percentage of Sales | ||||
Item as a percent of net sales and operating revenues | 1.40% | 0.60% | 0.90% | 0.60% |
Consolidated Balance Sheets - USD ($) $ in Thousands | Nov. 30, 2022 | Feb. 28, 2022 |
---|---|---|
CURRENT ASSETS: | ||
Cash and cash equivalents | $ 688,618 | $ 102,716 |
Restricted cash from collections on auto loans receivable | 466,525 | 548,099 |
Accounts receivable, net | 246,794 | 560,984 |
Inventory | 3,414,937 | 5,124,569 |
Other current assets | 167,143 | 212,922 |
TOTAL CURRENT ASSETS | 4,984,017 | 6,549,290 |
Auto loans receivable, net of allowance for loan losses of $491,047 and $433,030 as of November 30, 2022 and February 28, 2022, respectively | 16,240,832 | 15,289,701 |
Property and equipment, net of accumulated depreciation of $1,585,271 and $1,437,548 as of November 30, 2022 and February 28, 2022, respectively | 3,375,001 | 3,209,068 |
Deferred Income Tax Assets, Net | 87,262 | 120,931 |
Operating lease assets | 529,781 | 537,357 |
Goodwill | 141,258 | 141,258 |
Other assets | 580,790 | 490,659 |
TOTAL ASSETS | 25,938,941 | 26,338,264 |
CURRENT LIABILITIES: | ||
Accounts payable | 802,780 | 937,717 |
Accrued expenses and other current liabilities | 496,202 | 533,271 |
Current portion of operating lease liabilities | 51,215 | 44,197 |
Current portion of long-term debt | 112,708 | 11,203 |
Current portion of non-recourse notes payable | 474,147 | 521,069 |
TOTAL CURRENT LIABILITIES | 1,937,052 | 2,047,457 |
Long-term debt, excluding current portion | 1,903,223 | 3,255,304 |
Non-recourse notes payable, excluding current portion | 15,737,459 | 14,919,715 |
Operating lease liabilities, excluding current portion | 509,106 | 523,269 |
Other liabilities | 364,528 | 357,080 |
TOTAL LIABILITIES | 20,451,368 | 21,102,825 |
Commitments and contingent liabilities | ||
SHAREHOLDERS’ EQUITY: | ||
Common stock, $0.50 par value; 350,000,000 shares authorized; 158,019,398 and 161,053,983 shares issued and outstanding as of November 30, 2022 and February 28, 2022, respectively | 79,010 | 80,527 |
Capital in excess of par value | 1,697,062 | 1,677,268 |
Accumulated other comprehensive income (loss) | 57,420 | (46,422) |
Retained earnings | 3,654,081 | 3,524,066 |
TOTAL SHAREHOLDERS’ EQUITY | 5,487,573 | 5,235,439 |
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | $ 25,938,941 | $ 26,338,264 |