CarMax Inc (KMX)
Profitability ratios
Return on sales
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 10.22% | 10.28% | 10.01% | 9.77% | 9.43% | 9.16% | 9.39% | 9.66% | 10.31% | 10.95% | 11.57% | 12.59% | 12.55% | 12.86% | 13.04% | 12.84% | 13.40% | 13.46% | 13.58% | 13.66% |
| Operating profit margin | 0.42% | 0.55% | 0.31% | 0.17% | 0.04% | 0.21% | 1.03% | 1.56% | 2.14% | 2.50% | 2.62% | 3.22% | 2.19% | 2.86% | 2.80% | 2.55% | 3.62% | 3.65% | 3.92% | 3.94% |
| Pretax margin | 2.42% | 2.47% | 2.22% | 2.16% | 2.15% | 2.39% | 3.15% | 3.76% | 4.68% | 5.29% | 5.79% | 6.53% | 5.09% | 5.23% | 4.89% | 4.48% | 5.71% | 5.79% | 6.05% | 6.10% |
| Net profit margin | 1.81% | 1.87% | 1.68% | 1.64% | 1.63% | 1.82% | 2.40% | 2.88% | 3.61% | 4.09% | 4.48% | 5.03% | 3.94% | 4.01% | 3.76% | 3.45% | 4.37% | 4.40% | 4.60% | 4.64% |
CarMax Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin has ranged from 9.16% to 13.66%, with a recent decrease from 10.95% to 10.22%. The operating profit margin has varied from 0.04% to 3.94%, with a recent decline from 1.56% to 0.42%. The pretax margin has ranged from 2.15% to 6.53%, with a recent decrease from 2.47% to 2.42%. Lastly, the net profit margin has shown a range of 1.63% to 5.03%, with a recent decrease from 1.87% to 1.81%.
Overall, CarMax Inc's profitability margins have experienced some fluctuation, indicating potential challenges in maintaining profitability. Further analysis would be needed to understand the factors driving these fluctuations and assess the company's long-term profitability outlook.
Return on investment
| Feb 29, 2024 | Nov 30, 2023 | Aug 31, 2023 | May 31, 2023 | Feb 28, 2023 | Nov 30, 2022 | Aug 31, 2022 | May 31, 2022 | Feb 28, 2022 | Nov 30, 2021 | Aug 31, 2021 | May 31, 2021 | Feb 28, 2021 | Nov 30, 2020 | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | May 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 0.41% | 0.54% | 0.30% | 0.17% | 0.05% | 0.26% | 1.31% | 1.98% | 2.59% | 2.87% | 2.79% | 3.31% | 1.93% | 2.56% | 2.42% | 2.32% | 3.49% | 3.50% | 3.73% | 3.75% |
| Return on assets (ROA) | 1.76% | 1.83% | 1.66% | 1.71% | 1.85% | 2.22% | 3.05% | 3.67% | 4.37% | 4.70% | 4.77% | 5.16% | 3.47% | 3.59% | 3.25% | 3.14% | 4.21% | 4.23% | 4.39% | 4.42% |
| Return on total capital | 9.98% | 10.21% | 9.44% | 9.44% | 10.07% | 11.82% | 14.81% | 17.11% | 18.68% | 21.28% | 22.38% | 26.75% | 18.49% | 19.60% | 16.79% | 17.13% | 22.42% | 22.62% | 23.38% | 24.27% |
| Return on equity (ROE) | 7.89% | 8.24% | 7.55% | 7.91% | 8.64% | 10.49% | 14.91% | 17.90% | 21.99% | 23.51% | 23.75% | 25.06% | 17.11% | 18.21% | 17.32% | 17.51% | 23.57% | 23.42% | 24.46% | 25.21% |
CarMax Inc's profitability ratios show varying trends over the recent quarters. The Operating return on assets (Operating ROA) has been fluctuating, ranging from 0.05% to 2.87% over the period. This ratio indicates the company's ability to generate profits from its assets before interest and taxes.
The Return on assets (ROA) has also shown fluctuations, ranging from 1.66% to 4.70%. This ratio reflects the company's overall efficiency in generating profits from its total assets.
Return on total capital and Return on equity both display a similar fluctuating pattern, ranging from 9.44% to 26.75% and 7.55% to 25.21%, respectively. These ratios assess the company's profitability in relation to its total capital and shareholder equity, indicating how effectively the company is using its capital to generate profits for shareholders.
Overall, CarMax Inc's profitability ratios suggest that the company has experienced some variability in its profitability performance over the analyzed period, which may require further investigation and analysis to identify underlying factors contributing to these fluctuations.