CarMax Inc (KMX)
Net profit margin
Feb 28, 2025 | Feb 29, 2024 | Feb 28, 2023 | Feb 28, 2022 | Feb 28, 2021 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 500,556 | 479,204 | 484,762 | 1,151,300 | 746,919 |
Revenue | US$ in thousands | 26,353,400 | 26,536,000 | 29,684,900 | 31,900,400 | 18,950,100 |
Net profit margin | 1.90% | 1.81% | 1.63% | 3.61% | 3.94% |
February 28, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $500,556K ÷ $26,353,400K
= 1.90%
CarMax Inc's net profit margin has shown a slight decline over the past five years, ranging from 3.94% on February 28, 2021, to 1.90% on February 28, 2025. The decreasing trend indicates that the company's profitability in relation to its revenue has been weakening over this period. A lower net profit margin could imply higher operating expenses, lower pricing power, or inefficiencies in cost management. It is important for CarMax Inc to closely monitor and address the factors contributing to this decline to sustain and improve its overall financial performance in the future.
Peer comparison
Feb 28, 2025
Company name
Symbol
Net profit margin
CarMax Inc
KMX
1.90%
Asbury Automotive Group Inc
ABG
2.50%
AutoNation Inc
AN
2.59%
Caseys General Stores Inc
CASY
3.38%
Copart Inc
CPRT
32.02%
Group 1 Automotive Inc
GPI
2.50%
KAR Auction Services Inc
KAR
6.14%
Lithia Motors Inc
LAD
2.21%
Murphy USA Inc
MUSA
2.48%
Penske Automotive Group Inc
PAG
3.02%
Rush Enterprises A Inc
RUSHA
3.90%