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CarMax KMX Finance Lease Liabilities

Finance Lease Liabilities at other companies

Sonic Automotive logo
Sonic AutomotiveSAH
$357.9M+4.8%
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CarvanaCVNA
$118M-24.4%
Consumer Portfolio Services logo
Consumer Portfolio ServicesCPSS
$743K

Other financials

Income statement

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Revenue$8.0B+6.2%
Gross profit$854.4M-4.4%
Net income$185.6M-11.8%
EPS (diluted)$1.31-5.1%

Balance sheet

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Cash & equivalents$132.2M-49.7%
Total debt$2.8B+20.0%
Total assets$26.6B-2.8%

Cash flow

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Operating cash flow$17.6M-94.1%
CapEx$103.3M-24.4%
Free cash flow-$85.7M-153%

Valuation

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Market cap$8.24B-2.3%
Enterprise value$10.89B+3.8%
P/E14.9×-19.2×
P/S0.3×0.0×

Profitability

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Gross margin10.5%-0.7pp
Net margin1.8%0.0pp
FCF margin7.5%

Returns & leverage

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Current ratio2.7×+0.3×

Where this comes from

Reported directly by CarMax in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityNoncurrent.

The source filing: CarMax’s 10-Q, filed June 24, 2026.

Filed
Jun 24, 2026, 11:08 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001170010-26-000055
(In thousands)ClassificationAs of May 31 / 2026As of February 28 / 2026
Liabilities:
Current:
Operating leasesCurrent portion of operating lease liabilities$56,988$57,341
Finance leasesAccrued expenses and other current liabilities18,02716,779
Long-term:
Operating leasesOperating lease liabilities, excluding current portion453,352464,696
Finance leasesOther liabilities171,554175,548
Total lease liabilities$699,921$714,364

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CarMax's finance lease liabilities?
CarMax (KMX) reported finance lease liabilities of $171.55M in Q1 2026.
How has CarMax's finance lease liabilities changed year-over-year?
CarMax's finance lease liabilities decreased by 7.8% year-over-year, from $186.03M to $171.55M.
What is the long-term trend for CarMax's finance lease liabilities?
Over 5 years (2021 to 2026), CarMax's finance lease liabilities has grown at a 7.9% compound annual growth rate (CAGR), from $120.09M to $175.55M.
What does finance lease liabilities mean?
Present value of future payments on leases classified as finance leases under ASC 842 — treated similarly to debt on the balance sheet.

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