CarMax Inc
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles… Read more
CarMax Inc (KMX) - Total Assets
Latest total assets as of November 2025: $25.56 Billion USD
Based on the latest financial reports, CarMax Inc (KMX) holds total assets worth $25.56 Billion USD as of November 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
CarMax Inc - Total Assets Trend (1997–2025)
This chart illustrates how CarMax Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
CarMax Inc - Asset Composition Analysis
Current Asset Composition (February 2025)
CarMax Inc's total assets of $25.56 Billion consist of 18.5% current assets and 81.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $246.96 Million | 0.9% |
| Accounts Receivable | $188.73 Million | 0.7% |
| Inventory | $3.93 Billion | 14.4% |
| Property, Plant & Equipment | $4.34 Billion | 15.8% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $141.26 Million | 0.5% |
Asset Composition Trend (1997–2025)
This chart illustrates how CarMax Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: CarMax Inc's current assets represent 18.5% of total assets in 2025, a decrease from 78.0% in 1997.
- Cash Position: Cash and equivalents constituted 0.9% of total assets in 2025, down from 39.9% in 1997.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1997.
- Asset Diversification: The largest asset category is property, plant & equipment at 15.8% of total assets.
CarMax Inc Competitors by Total Assets
Key competitors of CarMax Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prestige Cars International Inc
PINK:PREC
|
USA | $788.54K |
|
Fujian Zhangzhou Development Co Ltd
SHE:000753
|
China | CN¥12.42 Billion |
|
Deutsch Motors Inc
KQ:067990
|
Korea | ₩1.68 Trillion |
|
CarGurus Inc
F:0C6
|
Germany | €660.47 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
Germany | €25.97 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
Taiwan | NT$512.01 Billion |
|
Pan German Universal Motors Ltd.
TW:2247
|
Taiwan | NT$21.81 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.44 Billion |
CarMax Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - CarMax Inc generates 1.03x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, CarMax Inc generates $ 1.83 in net profit.
CarMax Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.99 | 2.30 | 2.42 |
| Quick Ratio | 0.51 | 0.55 | 0.56 |
| Cash Ratio | 0.10 | 0.13 | 0.00 |
| Working Capital | $2.09 Billion | $ 2.72 Billion | $ 2.42 Billion |
CarMax Inc - Advanced Valuation Insights
This section examines the relationship between CarMax Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.09 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 0.8% |
| Total Assets | $27.40 Billion |
| Market Capitalization | $5.97 Billion USD |
Valuation Analysis
Below Book Valuation: The market values CarMax Inc's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: CarMax Inc's assets grew by 0.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for CarMax Inc (1997–2025)
The table below shows the annual total assets of CarMax Inc from 1997 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-02-28 | $27.40 Billion | +0.76% |
| 2024-02-29 | $27.20 Billion | +3.87% |
| 2023-02-28 | $26.18 Billion | -0.59% |
| 2022-02-28 | $26.34 Billion | +22.27% |
| 2021-02-28 | $21.54 Billion | +2.18% |
| 2020-02-29 | $21.08 Billion | +12.63% |
| 2019-02-28 | $18.72 Billion | +7.04% |
| 2018-02-28 | $17.49 Billion | +7.41% |
| 2017-02-28 | $16.28 Billion | +12.41% |
| 2016-02-29 | $14.48 Billion | +9.72% |
| 2015-02-28 | $13.20 Billion | +12.74% |
| 2014-02-28 | $11.71 Billion | +18.39% |
| 2013-02-28 | $9.89 Billion | +18.69% |
| 2012-02-29 | $8.33 Billion | +21.81% |
| 2011-02-28 | $6.84 Billion | +167.58% |
| 2010-02-28 | $2.56 Billion | +7.44% |
| 2009-02-28 | $2.38 Billion | +1.97% |
| 2008-02-29 | $2.33 Billion | +23.74% |
| 2007-02-28 | $1.89 Billion | +24.90% |
| 2006-02-28 | $1.51 Billion | +16.75% |
| 2005-02-28 | $1.29 Billion | +24.69% |
| 2004-02-29 | $1.04 Billion | +13.01% |
| 2003-02-28 | $917.62 Million | +27.41% |
| 2002-02-28 | $720.22 Million | +1.30% |
| 2001-02-28 | $710.95 Million | +5.25% |
| 2000-02-29 | $675.50 Million | +18.26% |
| 1999-02-28 | $571.20 Million | +27.41% |
| 1998-02-28 | $448.30 Million | +4.94% |
| 1997-02-28 | $427.20 Million | -- |