CarMax Reports $25B in Used Vehicle Sales for FY25
Ticker: KMX · Form: 10-K · Filed: Apr 11, 2025 · CIK: 1170010
Sentiment: neutral
Topics: annual-report, financials, automotive, revenue
Related Tickers: VRSN, GM, F, STLA
TL;DR
CarMax FY25: $25B used car sales, $15.76B total assets. Full financials out.
AI Summary
CarMax Inc. filed its 10-K for the fiscal year ending February 28, 2025, reporting net sales and operating revenues of $25.00 billion for its used vehicles segment. The company's total assets were $15.76 billion as of February 28, 2025. This filing provides a comprehensive overview of CarMax's financial performance and business operations for the fiscal year.
Why It Matters
This 10-K filing details CarMax's financial health and operational performance, offering insights into the used car market and the company's strategic direction for investors and consumers.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags, but the automotive retail sector can be subject to economic fluctuations.
Key Numbers
- $25.00B — Net Sales (Used Vehicles) (Represents the total revenue generated from used vehicle sales for the fiscal year ending February 28, 2025.)
- $15.76B — Total Assets (Indicates the total value of assets owned by CarMax as of February 28, 2025.)
- $350,000,000 — Debt (Likely represents a significant debt issuance or outstanding debt amount, requiring further context from the full filing.)
Key Players & Entities
- CARMAX INC (company) — Filer of the 10-K
- 20250228 (date) — Fiscal year end
- $25.00 billion (dollar_amount) — Net sales and operating revenues for used vehicles in FY25
- $15.76 billion (dollar_amount) — Total assets as of February 28, 2025
FAQ
What were CarMax's total revenues for the fiscal year ending February 28, 2025?
The filing indicates net sales and operating revenues for used vehicles were $25.00 billion, but total company revenues would include other segments not detailed in this snippet.
How has CarMax's total asset value changed compared to the previous fiscal year?
Total assets were $15.76 billion as of February 28, 2025, compared to $15.33 billion as of February 29, 2024, showing an increase.
What is the company's primary business segment as indicated by the revenue figures?
The used vehicles segment is highlighted with $25.00 billion in net sales and operating revenues for the fiscal year ending February 28, 2025.
What is the company's fiscal year end date?
CarMax Inc.'s fiscal year ends on February 28th.
What was the reported net income or loss for the fiscal year ending February 28, 2025?
This specific snippet does not contain information on net income or loss; it focuses on revenue and asset figures.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on April 11, 2025 regarding CARMAX INC (KMX).