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CarMax KMX Payments On Non-Recourse Debt

Payments On Non-Recourse Debt at other companies

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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$8.26B-1.7%
Enterprise value$10.9B+4.4%
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 kmx:PaymentsOnNonRecourseDebt.

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

Filed
Jun 24, 2026, 11:08 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001170010-26-000055

FAQ

What is CarMax's payments on non-recourse debt?
CarMax (KMX) reported payments on non-recourse debt of $3.01B in Q1 2026.
How has CarMax's payments on non-recourse debt changed year-over-year?
CarMax's payments on non-recourse debt decreased by 23.0% year-over-year, from $3.91B to $3.01B.
What is the long-term trend for CarMax's payments on non-recourse debt?
Over 4 years (2022 to 2026), CarMax's payments on non-recourse debt has grown at a 3.3% compound annual growth rate (CAGR), from $12.63B to $14.35B.
What does payments on non-recourse debt mean?
This represents the cash outflows used to pay down principal on non-recourse debt obligations, typically associated with the amortization of securitized loan pools. It reflects the natural runoff of the debt as the underlying collateral is collected or liquidated. Consistent payments are essential for maintaining the company's standing in the asset-backed securities market.

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