CarMax Quarterly Balance Sheet
NYSE: KMXConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CarMax financial position
As of Aug 31, 2026, CarMax reported total assets of $26.07 billion, down 3.7% from a year earlier against total liabilities of $19.76 billion. Shareholders' equity stood at $6.30 billion, or 24.2% of assets. The company held $170.5 million in cash and equivalents against $2.25 billion of debt, a net debt position of $2.08 billion.
The current ratio (current assets divided by current liabilities) was 2.33, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.36.
Summary generated from market data by MetaCap's automated system. Methodology
CarMax balance sheet (quarterly)
| Quarter (USD) | Q2 20272026-08-31 | Q1 20272026-05-31 | Q4 20262026-02-28 | Q3 20262025-11-30 | Q2 20262025-08-31 | Q1 20262025-05-31 | Q4 20252025-02-28 | Q3 20252024-11-30 | Q2 20252024-08-31 | Q1 20252024-05-31 | Q4 20242024-02-29 | Q3 20242023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 170.53M | 132.22M | 122.83M | 204.94M | 540.37M | 262.82M | 246.96M | 271.91M | 524.67M | 218.93M | 574.14M | 605.38M |
| Receivables | 224.63M | 263.92M | 204.45M | 151.10M | 173.56M | 200.31M | 188.73M | 213.59M | 228.11M | 212.37M | 221.15M | 212.41M |
| Inventory | 3.85B | 4.06B | 4.14B | 3.13B | 3.15B | 3.62B | 3.93B | 3.67B | 3.40B | 3.77B | 3.68B | 3.64B |
| Total Current Assets | 5.11B | 5.83B | 5.31B | 4.20B | 5.54B | 5.45B | 5.08B | 4.82B | 4.86B | 4.97B | 5.23B | 5.11B |
| Property, Plant & Equipment | 4.08B | 4.08B | 4.07B | 4.02B | 3.97B | 3.91B | 3.84B | 3.80B | 3.76B | 3.73B | 3.67B | 3.62B |
| Goodwill | — | — | 0 | 141.26M | 141.26M | 141.26M | 141.26M | 141.26M | 141.26M | 141.26M | 141.26M | 141.26M |
| Intangible Assets | — | — | 144.89M | — | — | — | 160.28M | — | — | — | 175.67M | — |
| Total Assets | 26.07B | 26.63B | 26.37B | 25.56B | 27.08B | 27.39B | 27.40B | 27.30B | 27.30B | 27.24B | 27.20B | 27.17B |
| Accounts Payable | 989.46M | 1.06B | 1.12B | 887.50M | 913.35M | 980.50M | 977.85M | 985.89M | 1.01B | 911.35M | 933.71M | 762.59M |
| Short-Term Debt | 589.38M | 571.32M | 761.97M | 739.47M | 797.87M | 750.11M | 543.34M | 524.71M | 571.82M | 535.94M | 797.45M | 759.29M |
| Total Current Liabilities | 2.19B | 2.16B | 2.41B | 2.11B | 2.25B | 2.28B | 2.20B | 2.10B | 2.16B | 1.99B | 2.31B | 2.08B |
| Long-Term Debt | 1.66B | 2.06B | 2.01B | 1.17B | 1.37B | 1.37B | 1.57B | 1.59B | 1.59B | 1.59B | 1.60B | 1.61B |
| Total Liabilities | 19.76B | 20.51B | 20.48B | 19.50B | 20.88B | 21.10B | 21.16B | 21.09B | 21.12B | 21.08B | 21.12B | 21.13B |
| Shareholders' Equity | 6.30B | 6.12B | 5.89B | 6.06B | 6.20B | 6.29B | 6.24B | 6.21B | 6.18B | 6.17B | 6.07B | 6.04B |
| Retained Earnings | 4.39B | 4.23B | 4.04B | 4.20B | 4.27B | 4.32B | 4.27B | 4.27B | 4.24B | 4.19B | 4.13B | 4.12B |
| Total Debt | 2.25B | 2.63B | 2.77B | 1.91B | 2.17B | 2.12B | 2.11B | 2.11B | 2.16B | 2.13B | 2.40B | 2.36B |
| Net Cash (Debt) | -2.08B | -2.50B | -2.65B | -1.70B | -1.63B | -1.85B | -1.87B | -1.84B | -1.64B | -1.91B | -1.83B | -1.76B |
| Shares Outstanding | 141.93M | 141.91M | 141.80M | 143.06M | 147.67M | 150.58M | 153.32M | 153.91M | 155.33M | 156.35M | 157.61M | 158.02M |
This table shows 12 quarterly periods of CarMax's balance sheet, from Q2 2027 back to Q3 2024, 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?