CarMax Balance Sheet
NYSE: KMXConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CarMax financial position
At the end of fiscal 2026, CarMax reported total assets of $26.37 billion, down 3.8% from a year earlier against total liabilities of $20.48 billion. Shareholders' equity stood at $5.89 billion, or 22.3% of assets. The company held $122.8 million in cash and equivalents against $2.77 billion of debt, a net debt position of $2.65 billion.
The current ratio (current assets divided by current liabilities) was 2.20, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.47.
Summary generated from market data by MetaCap's automated system. Methodology
CarMax balance sheet (annual)
| Fiscal year (USD) | FY 20262026-02-28 | FY 20252025-02-28 | FY 20242024-02-29 | FY 20232023-02-28 | FY 20222022-02-28 | FY 20212021-02-28 | FY 20202020-02-29 | FY 20192019-02-28 | FY 20182018-02-28 | FY 20172017-02-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 122.83M | 246.96M | 574.14M | 314.76M | 102.72M | 132.32M | 58.21M | 46.94M | 44.52M | 38.42M |
| Receivables | 204.45M | 188.73M | 221.15M | 298.78M | 560.98M | 239.07M | 191.09M | 139.85M | 133.32M | 152.39M |
| Inventory | 4.14B | 3.93B | 3.68B | 3.73B | 5.12B | 3.16B | 2.85B | 2.52B | 2.39B | 2.26B |
| Total Current Assets | 5.31B | 5.08B | 5.23B | 5.04B | 6.55B | 4.12B | 3.66B | 3.21B | 3.06B | 2.87B |
| Property, Plant & Equipment | 4.07B | 3.84B | 3.67B | 3.43B | 3.21B | 3.06B | 3.07B | 2.83B | 2.67B | 2.52B |
| Goodwill | 0 | 141.26M | 141.26M | 141.26M | 141.26M | 653.00K | — | — | — | — |
| Intangible Assets | 144.89M | 160.28M | 175.67M | 191.06M | 206.46M | — | — | — | — | — |
| Total Assets | 26.37B | 27.40B | 27.20B | 26.18B | 26.34B | 21.54B | 21.08B | 18.72B | 17.49B | 16.28B |
| Accounts Payable | 1.12B | 977.85M | 933.71M | 826.59M | 937.72M | 799.33M | 737.14M | 593.17M | 529.73M | 494.99M |
| Short-Term Debt | 761.97M | 543.34M | 797.45M | 579.47M | 532.27M | 452.58M | 433.46M | 10.18M | 365.55M | 343.27M |
| Total Current Liabilities | 2.41B | 2.20B | 2.31B | 1.94B | 2.05B | 1.70B | 1.53B | 1.31B | 1.17B | 1.11B |
| Long-Term Debt | 2.01B | 1.57B | 1.60B | 1.91B | 3.26B | 1.32B | 1.78B | 14.20B | 13.14B | 12.19B |
| Total Liabilities | 20.48B | 21.16B | 21.12B | 20.57B | 21.10B | 17.18B | 17.31B | 15.36B | 14.17B | 13.17B |
| Shareholders' Equity | 5.89B | 6.24B | 6.07B | 5.61B | 5.24B | 4.36B | 3.77B | 3.36B | 3.32B | 3.11B |
| Retained Earnings | 4.04B | 4.27B | 4.13B | 3.72B | 3.52B | 2.89B | 2.49B | 2.10B | 2.05B | 1.88B |
| Total Debt | 2.77B | 2.11B | 2.40B | 2.49B | 3.79B | 1.77B | 2.21B | 14.21B | 13.51B | 12.54B |
| Net Cash (Debt) | -2.65B | -1.87B | -1.83B | -2.17B | -3.68B | -1.64B | -2.15B | -14.16B | -13.46B | -12.50B |
| Shares Outstanding | 141.80M | 153.32M | 157.61M | 158.08M | 161.05M | 163.17M | 163.08M | 167.48M | 179.75M | 186.55M |
This table shows 10 annual periods of CarMax's balance sheet, from FY 2026 back to FY 2017, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow KMX's reporting calendar. What is a balance sheet?