KMX
CarMax, Inc.
NYSEUSDEQUITY
Consumer Cyclical
DELAYED
Neutral
+6/100
Last price
55.29
▲ 0.43 (0.78%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
55.83
Prev close
54.86
Day high
55.94
Day low
54.69
Volume
1.71M
Market cap
$7.85B
P/E (TTM)
25.96
52W range
30.26 – 65.28
Day trading desk
Gap from prior close
+1.77%
Prior close 54.86
VWAP
55.32
-0.05% from price
Relative volume
1.33×
Normal
Session range
3.83%
54.03 – 56.10
Position in range
61%
Mid range
ATR (14D)
2.95
5.33% of price
Prior day high
55.61
PDH
Prior day low
52.76
PDL
Bid / ask spread
—
Quote not published
Session volume
3.42M
Avg 2.56M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
-6.65%
-8.6%
1M
-12.64%
-13.8%
3M
+9.92%
+5.4%
6M
+27.66%
+9.5%
YTD
+43.09%
+28.8%
1Y
+19.11%
+2.7%
3Y
-21.83%
-104.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on KMX open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
674.23K
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Jun 26, 26 | MCCREIGHT DAVID W Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | KESSLER JAMES FRANCIS Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | SHINDER MARCELLA Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | SATRIANO PIETRO Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | O NEIL MARK F Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | O SHAUGHNESSY ROBERT T Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | BENSEN PETER J Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | CHAWLA SONA Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | FOLLIARD THOMAS J Director |
STOCK | 3.70K | $0 | Direct |
| Jun 26, 26 | COBB WILLIAM C Director |
STOCK | 3.70K | $0 | Direct |
| Jun 25, 26 | SHINDER MARCELLA Director |
BUY | 574 | $29.85K | Direct |
| Jun 25, 26 | CHAWLA SONA Director |
BUY | 2.00K | $106.78K | Direct |
| Jun 24, 26 | O NEIL MARK F Director |
BUY | 9.60K | $502.66K | |
| Jun 23, 26 | FOLLIARD THOMAS J Director |
CONVERSION | 14.86K | $771.12K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BARR KEITH |
Chief Executive Officer | 33.38K | Purchase |
BENSEN PETER J |
Director | 28.49K | Stock Award(Grant) |
CHAWLA SONA |
Director | 25.40K | Stock Award(Grant) |
FOLLIARD THOMAS J |
Director | 227.75K | Stock Award(Grant) |
GOODMAN SHIRA D |
Director | 39.33K | Stock Award(Grant) |
MCCREIGHT DAVID W |
Director | 39.53K | Stock Award(Grant) |
NASH WILLIAM D |
Chief Executive Officer | 181.68K | Sale |
O NEIL MARK F |
Director | 54.67K | Stock Award(Grant) |
SHINDER MARCELLA |
Director | 28.69K | Stock Award(Grant) |
STEENROD MITCHELL D |
Director | 38.33K | Purchase |
Fundamentals
Market cap$7.85B
Enterprise value$25.75B
Revenue (TTM)$29.46B
Gross profit$3.44B
EBITDA$1.13B
Net income$292.44M
EPS (TTM)$2.13
Free cash flow$632.31M
Total cash$170.52M
Total debt$18.07B
Book value / share$43.12
Shares outstanding141.94M
Float141.10M
Short % of float7.86%
Dividend yield0.00%
Beta (5Y)1.23
Valuation & profitability ratios
Trailing P/E25.96
Forward P/E15.50
PEG ratio0.71
Price / sales—
Price / book1.28
EV / revenue0.87
EV / EBITDA22.84
Gross margin11.69%
Operating margin2.83%
Profit margin0.99%
Return on equity4.68%
Return on assets1.78%
Debt / equity286.62
Current ratio2.33
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Total revenue | $25.88B | $26.35B | $26.54B | $29.68B | -1.8% |
| Operating revenue | $25.21B | $25.67B | $25.90B | $29.02B | -1.8% |
| Cost of revenue | $23.07B | $23.46B | $23.82B | $26.88B | -1.6% |
| Gross profit | $2.81B | $2.90B | $2.71B | $2.80B | -3.2% |
| Selling, general & admin | $2.53B | $2.51B | $2.35B | $2.55B | +0.9% |
| Total operating expense | $3.22B | $3.12B | $2.92B | $3.11B | +3.1% |
| Operating income | -$409.76M | -$220.52M | -$205.72M | -$310.95M | -85.8% |
| Net interest income | $941.51M | $901.46M | $837.05M | $938.40M | +4.4% |
| Pre-tax income | $383.43M | $669.36M | $641.60M | $636.80M | -42.7% |
| Tax provision | $136.14M | $168.80M | $162.39M | $152.04M | -19.3% |
| Net income | $247.29M | $500.56M | $479.20M | $484.76M | -50.6% |
| Net income to common | $247.29M | $500.56M | $479.20M | $484.76M | -50.6% |
| Basic EPS | 1.68 | 3.22 | 3.03 | 3.05 | -47.8% |
| Diluted EPS | 1.68 | 3.21 | 3.02 | 3.03 | -47.7% |
| EBIT | $1.26B | $1.54B | $1.41B | $1.07B | -18.0% |
| EBITDA | $1.61B | $1.84B | $1.67B | $1.33B | -12.3% |
| Basic shares | 147.26M | 155.33M | 158.22M | 158.80M | -5.2% |
| Diluted shares | 147.61M | 156.06M | 158.71M | 159.77M | -5.4% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $122.83M | $246.96M | $574.14M | $314.76M | -50.3% |
| Cash & short-term investments | $122.83M | $246.96M | $574.14M | $314.76M | -50.3% |
| Accounts receivable | $204.45M | $188.73M | $221.15M | $298.78M | +8.3% |
| Inventory | $4.14B | $3.93B | $3.68B | $3.73B | +5.1% |
| Total current assets | $5.31B | $5.08B | $5.23B | $5.04B | +4.6% |
| Property, plant & equipment | $4.53B | $4.34B | $4.19B | $3.98B | +4.5% |
| Goodwill & intangibles | $0 | $141.26M | $141.26M | $141.26M | -100.0% |
| Total assets | $26.37B | $27.40B | $27.20B | $26.18B | -3.8% |
| Total current liabilities | $2.41B | $2.20B | $2.31B | $1.94B | +9.9% |
| Long-term debt | $17.26B | $18.14B | $17.96B | $17.78B | -4.8% |
| Total debt | $18.54B | $19.22B | $19.31B | $18.93B | -3.5% |
| Total liabilities | $20.48B | $21.16B | $21.12B | $20.57B | -3.2% |
| Retained earnings | $4.04B | $4.27B | $4.13B | $3.72B | -5.4% |
| Shareholder equity | $5.89B | $6.24B | $6.07B | $5.61B | -5.7% |
| Working capital | $2.90B | $2.88B | $2.91B | $3.10B | +0.6% |
| Net tangible assets | $5.89B | $6.10B | $5.93B | $5.47B | -3.5% |
| Shares issued | 141.80M | 153.32M | 157.61M | 158.08M | -7.5% |
| Line item | 2026 | 2025 | 2024 | 2023 | YoY |
|---|---|---|---|---|---|
| Net income | $247.29M | $500.56M | $479.20M | $484.76M | -50.6% |
| Depreciation & amortisation | $345.96M | $294.80M | $260.41M | $265.22M | +17.4% |
| Stock-based compensation | $99.02M | $134.71M | $119.72M | $85.59M | -26.5% |
| Change in working capital | -$508.78M | -$735.05M | -$796.00M | $34.38M | +30.8% |
| Operating cash flow | $1.78B | $624.44M | $458.62M | $1.28B | +185.7% |
| Capital expenditure | -$540.99M | -$467.94M | -$465.31M | -$422.71M | -15.6% |
| Investing cash flow | -$540.04M | -$461.00M | -$467.00M | -$425.77M | -17.1% |
| Share buybacks | -$642.79M | -$428.45M | -$94.09M | -$333.93M | -50.0% |
| Financing cash flow | -$1.34B | -$453.54M | $307.79M | -$710.18M | -195.7% |
| Free cash flow | $1.24B | $156.50M | -$6.69M | $860.62M | +694.2% |
| End cash position | $862.85M | $960.31M | $1.25B | $951.00M | -10.1% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $8.01B | $5.95B | $5.79B | $6.59B | $7.55B | +34.8% |
| Operating revenue | $7.82B | $5.79B | $5.64B | $6.42B | $7.36B | +35.1% |
| Cost of revenue | $7.16B | $5.34B | $5.20B | $5.88B | $6.65B | +34.0% |
| Gross profit | $854.41M | $605.26M | $590.05M | $717.67M | $893.62M | +41.2% |
| Selling, general & admin | $653.40M | $691.70M | $581.40M | $621.60M | $679.60M | -5.5% |
| Total operating expense | $822.71M | $854.98M | $723.74M | $835.49M | $851.34M | -3.8% |
| Operating income | $31.70M | -$249.73M | -$133.69M | -$117.82M | $42.28M | +112.7% |
| Net interest income | $224.69M | $286.85M | $221.98M | $241.25M | $240.63M | -21.7% |
| Pre-tax income | $258.56M | -$110.68M | $83.89M | $127.10M | $283.13M | +333.6% |
| Tax provision | $72.93M | $10.00M | $21.67M | $31.72M | $72.75M | +629.1% |
| Net income | $185.63M | -$120.68M | $62.22M | $95.38M | $210.38M | +253.8% |
| Net income to common | $185.63M | -$120.68M | $62.22M | $95.38M | $210.38M | +253.8% |
| Basic EPS | 1.31 | -0.85 | 0.43 | 0.64 | 1.38 | +254.1% |
| Diluted EPS | 1.31 | -0.85 | 0.43 | 0.64 | 1.38 | +254.1% |
| EBITDA | $569.46M | $196.03M | $386.79M | $438.68M | $587.48M | +190.5% |
| Basic shares | 141.85M | 141.92M | 145.55M | 149.29M | 152.14M | -0.1% |
| Diluted shares | 142.15M | 141.92M | 145.86M | 149.64M | 152.61M | +0.2% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $132.22M | $122.83M | $204.94M | $540.37M | $262.82M | +7.7% |
| Cash & short-term investments | $132.22M | $122.83M | $204.94M | $540.37M | $262.82M | +7.7% |
| Accounts receivable | $263.92M | $204.45M | $151.10M | $173.56M | $200.31M | +29.1% |
| Inventory | $4.06B | $4.14B | $3.13B | $3.15B | $3.62B | -1.8% |
| Total current assets | $5.83B | $5.31B | $4.20B | $5.54B | $5.45B | +9.9% |
| Property, plant & equipment | $4.53B | $4.53B | $4.50B | $4.45B | $4.39B | +0.0% |
| Goodwill & intangibles | $0 | $0 | $141.26M | $141.26M | $141.26M | — |
| Total assets | $26.63B | $26.37B | $25.56B | $27.08B | $27.39B | +1.0% |
| Total current liabilities | $2.16B | $2.41B | $2.11B | $2.25B | $2.28B | -10.7% |
| Current debt | $571.32M | $761.97M | $739.47M | $797.87M | $750.11M | -25.0% |
| Long-term debt | $17.56B | $17.26B | $16.59B | $17.82B | $18.01B | +1.7% |
| Total debt | $18.64B | $18.54B | $17.85B | $19.14B | $19.29B | +0.5% |
| Total liabilities | $20.51B | $20.48B | $19.50B | $20.88B | $21.10B | +0.1% |
| Retained earnings | $4.23B | $4.04B | $4.20B | $4.27B | $4.32B | +4.6% |
| Shareholder equity | $6.12B | $5.89B | $6.06B | $6.20B | $6.29B | +3.9% |
| Working capital | $3.68B | $2.90B | $2.09B | $3.29B | $3.18B | +27.0% |
| Net tangible assets | $6.12B | $5.89B | $5.92B | $6.06B | $6.15B | +3.9% |
| Shares issued | 141.91M | 141.80M | 143.06M | 147.67M | 150.58M | +0.1% |
| Line item | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | YoY |
|---|---|---|---|---|---|---|
| Net income | $185.63M | -$120.68M | $62.22M | $95.38M | $210.38M | +253.8% |
| Depreciation & amortisation | $92.89M | $93.76M | $88.48M | $83.93M | $79.78M | -0.9% |
| Stock-based compensation | $41.95M | $11.66M | $16.11M | $24.27M | $46.98M | +259.8% |
| Change in working capital | -$420.39M | -$798.04M | $74.57M | $382.89M | -$168.21M | +47.3% |
| Operating cash flow | $17.59M | -$554.27M | $1.25B | $785.49M | $299.54M | +103.2% |
| Capital expenditure | -$103.33M | -$133.03M | -$139.76M | -$131.47M | -$136.74M | +22.3% |
| Investing cash flow | -$99.63M | -$128.77M | -$138.81M | -$131.28M | -$141.19M | +22.6% |
| Share buybacks | -$2.31M | -$54.35M | -$203.57M | -$180.85M | -$204.03M | +95.8% |
| Financing cash flow | $90.52M | $633.08M | -$1.51B | -$338.28M | -$129.43M | -85.7% |
| Free cash flow | -$85.75M | -$687.29M | $1.11B | $654.03M | $162.81M | +87.5% |
| End cash position | $871.33M | $862.85M | $912.80M | $1.31B | $989.24M | +1.0% |
Options analytics
Put / call volume
1.76
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
30.00
-45.7% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
197
Contracts, this expiry
Put volume
347
Contracts, this expiry
Heaviest call OI
20.00
0 contracts
Heaviest put OI
30.00
292 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Aug 2026 | 0.73 | 1.16 | +58.6% |
| Feb 2026 | 0.22 | -0.85 | -479.7% |
| Nov 2025 | 0.32 | 0.43 | +36.1% |
| Aug 2025 | 1.05 | 0.64 | -39.3% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 0.73 | 13 | $7.03B | +6.6% |
| Next quarter | 0.43 | 13 | $6.47B | +8.8% |
| Current year | 3.22 | 14 | $29.00B | +12.0% |
| Next year | 3.49 | 15 | $29.34B | +1.2% |
Analyst targets & ownership
Mean target$62.62
High target$96.00
Low target$43.00
Implied upside13.25%
Analyst count13
ConsensusHOLD
Strong buy / Buy1 / 2
Hold15
Sell / Strong sell0 / 2
Held by insiders0.47%
Held by institutions105.08%
Institutions holding705
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
56.29
-1.77% from price
SMA 20
57.78
-4.31% from price
SMA 50
59.16
-6.54% from price
SMA 100
54.33
+1.77% from price
SMA 200
48.33
+14.39% from price
EMA 12
56.51
-2.16% from price
EMA 26
57.73
-4.23% from price
EMA 50
57.53
-3.89% from price
RSI (14)
41.0
Neutral
MACD (12,26,9)
-1.22
Hist -0.34
ATR (14)
2.95
5.33% of price
Realised vol 30D
34.6%
Annualised
Bollinger upper
61.98
20, 2σ
Bollinger lower
53.58
20, 2σ
50 / 200 cross
Golden
59.16 vs 48.33
Trend bias
Above 200
+14.39%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
1.24
More volatile than market
Correlation to SPY
0.31
Loosely linked
Realised vol 30D
34.6%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-34.0%
Peak to trough
Max drawdown 5Y
-80.1%
Peak to trough
ATR 14
2.95
5.33% of price
Beta (reported)
1.23
5Y monthly, from filing
Short interest
Shares short
9.82M
Prior 12.61M
Change vs prior
-22.1%
Shorts covering
% of float
7.86%
Normal
% of shares out
6.92%
Against total outstanding
Days to cover
6.0
Crowded exit
Float
141.10M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 30, 26 | Barclays | MAINTAINED | Equal-Weight | Equal-Weight |
| Sep 30, 26 | UBS | MAINTAINED | Neutral | Neutral |
| Sep 30, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Sep 30, 26 | Truist Securities | MAINTAINED | Hold | Hold |
| Sep 30, 26 | RBC Capital | MAINTAINED | Sector Perform | Sector Perform |
| Sep 30, 26 | Baird | MAINTAINED | Outperform | Outperform |
| Sep 30, 26 | BNP Paribas | MAINTAINED | Underperform | Underperform |
| Sep 30, 26 | B of A Securities | MAINTAINED | Underperform | Underperform |
| Sep 25, 26 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Sep 23, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Sep 18, 26 | JP Morgan | MAINTAINED | Neutral | Neutral |
| Jul 29, 26 | JP Morgan | UPGRADE | Underweight | Neutral |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio0.00%
Ex-dividend date—
Next pay date—
Last split2:1
Split dateMar 27, 2007
SEC filings
Periodic Financial Reports
10-Q · 2026-09-30
Corporate Changes & Voting Matters
8-K · 2026-09-29
Corporate Changes & Voting Matters
8-K · 2026-07-31
Offering Registrations
S-8 · 2026-06-24
Corporate Changes & Voting Matters
8-K · 2026-06-17
Corporate Changes & Voting Matters
8-K · 2026-06-08
Proxy Statements
DEF 14A · 2026-05-12
Periodic Financial Reports
10-K · 2026-04-15
Headlines
CarMax (KMX) Earnings Show Turnaround Progress, But Margin Pressure Remains
Insider Monkey · 1d ago
CarMax sales surge, buoyed by cost-cutting
Wards Auto · 2d ago
Carnival and CarMax Pop on Strong Earnings, but Challenges Remain
MarketBeat · 4d ago
MarketBeat Week in Review – 09/28 - 10/02
MarketBeat · 4d ago
Carvana Stock Is the ‘Best Story’ in Autos. One Thing Could Slow It Down.
Barrons.com · 5d ago
Is Carmax a Buy After Its Latest Earnings Report?
Motley Fool · 6d ago
Carvana, CarMax jockey as agentic AI tools look to fix the worst parts of car buying
TheStreet · 6d ago
CarMax to Host Strategic Update Webcast on November 3, 2026
Business Wire · 6d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.