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CarMax KMX Goodwill

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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$8.24B-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:Goodwill.

The source filing: CarMax’s 10-K, filed April 15, 2026.

Filed
Apr 15, 2026, 12:12 PM EDT
Fiscal year
FY2026
Accession
0001170010-26-000021
(In thousands except share data)As of February 28 / 2026As of February 28 / 2025
Property and equipment, net4,070,2933,841,833
Deferred income taxes78,479140,332
Operating lease assets459,514493,355
Goodwill141,258
Other assets496,924467,003
TOTAL ASSETS$26,367,903$27,404,206
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:

Item 8. Consolidated Financial Statements and Supplementary Data.

FAQ

What is CarMax's goodwill?
CarMax (KMX) reported goodwill of $0 in Q4 2025.
How has CarMax's goodwill changed year-over-year?
CarMax's goodwill decreased by 100.0% year-over-year, from $141.26M to $0.
What is the long-term trend for CarMax's goodwill?
Over 5 years (2021 to 2026), CarMax's goodwill has grown at a -100.0% compound annual growth rate (CAGR), from $653K to $0.
What does goodwill mean?
The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

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