CarMax Inc (KMX) — Cash Flow Quality Index
Latest as of November 2025:
20.14x
CarMax Inc (KMX) has a Cash Flow Quality Index of 20.14x as of November 2025. Operating cash flow of $1.25 Billion exceeds net income of $62.22 Million, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of CarMax Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
20.14x
Operating CF / Net Income
Operating Cash Flow
$1.25 Billion
USD
Net Income
$62.22 Million
USD
Data as of
Nov 2025
Most recent filing
CarMax Inc Cash Flow Quality Index (2000–2026)
Historical Cash Flow Quality Index for CarMax Inc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of CarMax Inc.
Annual Cash Flow Quality Index for CarMax Inc (2000–2026)
Year-by-year earnings quality comparison for CarMax Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 7.21x | $1.78 Billion | $247.29 Million | ▲ +478.2% |
| 2025 | 1.25x | $624.44 Million | $500.56 Million | ▲ +30.3% |
| 2024 | 0.96x | $458.62 Million | $479.20 Million | ▼ -63.8% |
| 2023 | 2.65x | $1.28 Billion | $484.76 Million | ▲ +219.6% |
| 2022 | -2.21x | $-2.55 Billion | $1.15 Billion | ▼ -347.7% |
| 2021 | 0.89x | $667.76 Million | $746.92 Million | ▲ +435.7% |
| 2020 | -0.27x | $-236.61 Million | $888.43 Million | ▼ -237.7% |
| 2019 | 0.19x | $162.97 Million | $842.41 Million | ▲ +259.5% |
| 2018 | -0.12x | $-80.55 Million | $664.11 Million | ▲ +83.8% |
| 2017 | -0.75x | $-468.14 Million | $626.97 Million | ▼ -212.6% |
| 2016 | -0.24x | $-148.89 Million | $623.43 Million | ▲ +85.3% |
| 2015 | -1.62x | $-968.13 Million | $597.36 Million | ▼ -30.2% |
| 2014 | -1.24x | $-613.16 Million | $492.59 Million | ▲ +30.6% |
| 2013 | -1.79x | $-778.44 Million | $434.28 Million | ▼ -1093.2% |
| 2012 | -0.15x | $-62.16 Million | $413.80 Million | ▼ -232.7% |
| 2011 | -0.05x | $-17.20 Million | $380.88 Million | ▼ -125.3% |
| 2010 | 0.18x | $50.29 Million | $281.67 Million | ▼ -96.0% |
| 2009 | 4.47x | $264.59 Million | $59.21 Million | ▲ +922.9% |
| 2008 | 0.44x | $79.52 Million | $182.03 Million | ▼ -36.6% |
| 2007 | 0.69x | $136.80 Million | $198.60 Million | ▼ -16.6% |
| 2006 | 0.83x | $122.30 Million | $148.06 Million | ▲ +108.5% |
| 2005 | 0.40x | $44.74 Million | $112.93 Million | ▼ -68.9% |
| 2004 | 1.27x | $148.46 Million | $116.45 Million | ▲ +67.9% |
| 2003 | 0.76x | $71.97 Million | $94.80 Million | ▲ +61.7% |
| 2002 | 0.47x | $42.64 Million | $90.80 Million | ▲ +20.2% |
| 2001 | 0.39x | $17.81 Million | $45.56 Million | ▲ +101.7% |
| 2000 | -22.44x | $-25.09 Million | $1.12 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.