CarMax Cash Flow Statement
NYSE: KMXConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CarMax free cash flow
In fiscal 2026, CarMax generated $1.78 billion of operating cash flow and spent $541.0 million on capital expenditures. That left free cash flow of $1.24 billion, a free-cash-flow margin of 4.8% of revenue. Free cash flow was up 694.2% from the prior year's $156.5 million.
CarMax returned $642.8 million to shareholders through share repurchases, equal to 52% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
CarMax cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 247.29M | 500.56M | 479.20M | 484.76M | 1.15B | 746.92M | 888.43M | 842.41M | 664.11M | 626.97M |
| Net Income growth (YoY) | -50.60% | +4.46% | -1.15% | -57.89% | +54.14% | -15.93% | +5.46% | +26.85% | +5.92% | +0.57% |
| Depreciation & Amortization | 345.96M | 294.80M | 260.41M | 265.22M | 273.19M | 242.16M | 215.81M | 182.25M | 179.94M | 168.88M |
| Stock-Based Compensation | 99.02M | 134.71M | 119.72M | 85.59M | 109.20M | 121.90M | 108.86M | 75.01M | 61.88M | 91.59M |
| Change in Working Capital | -337.21M | -259.37M | 158.53M | 1.35B | -2.28B | -325.21M | -402.59M | -145.87M | -157.29M | -351.40M |
| Operating Cash Flow | 1.78B | 624.44M | 458.62M | 1.28B | -2.55B | 667.76M | -236.61M | 162.97M | -80.55M | -455.31M |
| Capital Expenditures | -540.99M | -467.94M | -465.31M | -422.71M | -308.53M | -164.54M | -331.90M | -304.64M | -296.82M | -418.14M |
| Investing Cash Flow | -540.04M | -461.00M | -467.00M | -425.77M | -523.75M | -128.18M | -389.36M | -308.51M | -301.86M | -419.96M |
| Share Repurchases | -642.79M | -428.45M | -94.09M | -333.93M | -576.48M | -229.94M | -567.75M | -904.73M | -579.57M | -564.34M |
| Financing Cash Flow | -1.34B | -453.54M | 307.79M | -710.18M | 3.10B | -424.02M | 686.98M | 186.02M | 413.45M | 921.91M |
| Net Change in Cash | -97.46M | -290.10M | 299.41M | 147.39M | 31.67M | 115.56M | 61.01M | 40.48M | 6.11M | 1.02M |
| Free Cash Flow | 1.24B | 156.50M | -6.69M | 860.62M | -2.86B | 503.22M | -568.50M | -141.66M | -377.37M | -873.46M |
This table shows 10 annual periods of CarMax's cash flow statement, from FY 2026 back to FY 2017, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow KMX's reporting calendar. What is a cash flow statement?