Carmax Inc Stock Gross Profit

KMX Stock  USD 78.03  0.18  0.23%   
CarMax Inc fundamentals help investors to digest information that contributes to CarMax's financial success or failures. It also enables traders to predict the movement of CarMax Stock. The fundamental analysis module provides a way to measure CarMax's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to CarMax stock.
Last ReportedProjected for Next Year
Gross Profit2.5 B1.5 B
Gross Profit Margin 0.10  0.10 
Gross Profit is likely to drop to about 1.5 B in 2024. Gross Profit Margin is likely to drop to 0.10 in 2024.
  
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CarMax Inc Company Gross Profit Analysis

CarMax's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

-

Cost of Revenue

More About Gross Profit | All Equity Analysis

Current CarMax Gross Profit

    
  2.8 B  
Most of CarMax's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CarMax Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

CarMax Gross Profit Driver Correlations

Understanding the fundamental principles of building solid financial models for CarMax is extremely important. It helps to project a fair market value of CarMax Stock properly, considering its historical fundamentals such as Gross Profit. Since CarMax's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of CarMax's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of CarMax's interrelated accounts and indicators.
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CarMax Gross Profit Historical Pattern

Today, most investors in CarMax Stock are looking for potential investment opportunities by analyzing not only static indicators but also various CarMax's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's gross profit growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of CarMax gross profit as a starting point in their analysis.
   CarMax Gross Profit   
       Timeline  
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, CarMax Inc reported 2.8 B of gross profit. This is 81.74% lower than that of the Specialty Retail sector and 80.76% higher than that of the Consumer Discretionary industry. The gross profit for all United States stocks is 89.77% higher than that of the company.

CarMax Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CarMax's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CarMax could also be used in its relative valuation, which is a method of valuing CarMax by comparing valuation metrics of similar companies.
CarMax is currently under evaluation in gross profit category among its peers.

CarMax ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, CarMax's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to CarMax's managers, analysts, and investors.
Environmental
Governance
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CarMax Fundamentals

About CarMax Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze CarMax Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CarMax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CarMax Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for CarMax Stock Analysis

When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.