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CarMax KMX Financing Receivables

Financing Receivables at other companies

Atlanticus Holdings Corporation logo
Atlanticus Holdings CorporationATLC
$77.73M-5.2%
AutoNation logo
AutoNationAN
Credit Acceptance logo
Credit AcceptanceCACC
Ally Financial logo
Ally FinancialALLY

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 us-gaap:NotesReceivableNet.

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 except share data)As of May 31 / 2026As of February 28 / 2026
Inventory4,062,7654,137,005
Other current assets161,340153,594
TOTAL CURRENT ASSETS5,834,3295,310,402
Auto loans held for investment, net of allowance for loan losses of $474,986 and $453,027 as of May 31, 2026 and February 28, 2026, respectively15,689,95215,952,291
Property and equipment, net of accumulated depreciation of $2,285,968 and $2,217,485 as of May 31, 2026 and February 28, 2026, respectively4,079,9934,070,293
Deferred income taxes72,91778,479
Operating lease assets451,441459,514
Other assets498,266496,924

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CarMax's financing receivables?
CarMax (KMX) reported financing receivables of $15.69B in Q1 2026.
How has CarMax's financing receivables changed year-over-year?
CarMax's financing receivables decreased by 6.6% year-over-year, from $16.8B to $15.69B.
What is the long-term trend for CarMax's financing receivables?
Over 5 years (2021 to 2026), CarMax's financing receivables has grown at a 3.4% compound annual growth rate (CAGR), from $13.49B to $15.95B.

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