CarMax Gross Profit 2010-2024 | KMX

CarMax annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • CarMax gross profit for the quarter ending August 31, 2024 was $0.760B, a 9.14% increase year-over-year.
  • CarMax gross profit for the twelve months ending August 31, 2024 was $2.751B, a 1.84% increase year-over-year.
  • CarMax annual gross profit for 2024 was $2.713B, a 3.11% decline from 2023.
  • CarMax annual gross profit for 2023 was $2.8B, a 14.82% decline from 2022.
  • CarMax annual gross profit for 2022 was $3.288B, a 38.18% increase from 2021.
CarMax Annual Gross Profit
(Millions of US $)
2024 $2,713
2023 $2,800
2022 $3,288
2021 $2,379
2020 $2,722
2019 $2,481
2018 $2,329
2017 $2,183
2016 $2,019
2015 $1,888
2014 $1,649
2013 $1,464
2012 $1,379
2011 $1,301
2010 $1,099
2009 $968
CarMax Quarterly Gross Profit
(Millions of US $)
2024-08-31 $760
2024-05-31 $792
2024-02-29 $586
2023-11-30 $613
2023-08-31 $697
2023-05-31 $817
2023-02-28 $611
2022-11-30 $577
2022-08-31 $737
2022-05-31 $875
2022-02-28 $711
2021-11-30 $837
2021-08-31 $815
2021-05-31 $925
2021-02-28 $641
2020-11-30 $631
2020-08-31 $752
2020-05-31 $354
2020-02-29 $673
2019-11-30 $614
2019-08-31 $693
2019-05-31 $742
2019-02-28 $599
2018-11-30 $569
2018-08-31 $651
2018-05-31 $661
2018-02-28 $537
2017-11-30 $539
2017-08-31 $604
2017-05-31 $649
2017-02-28 $562
2016-11-30 $503
2016-08-31 $545
2016-05-31 $573
2016-02-29 $489
2015-11-30 $464
2015-08-31 $521
2015-05-31 $544
2015-02-28 $476
2014-11-30 $447
2014-08-31 $463
2014-05-31 $502
2014-02-28 $384
2013-11-30 $382
2013-08-31 $435
2013-05-31 $448
2013-02-28 $369
2012-11-30 $345
2012-08-31 $368
2012-05-31 $382
2012-02-29 $338
2011-11-30 $303
2011-08-31 $354
2011-05-31 $383
2011-02-28 $321
2010-11-30 $298
2010-08-31 $349
2010-05-31 $334
2010-02-28 $265
2009-11-30 $243
2009-08-31 $315
2009-05-31 $276
2009-02-28 $230
Sector Industry Market Cap Revenue
Retail/Wholesale Retail & Wholesale Auto Parts $13.049B $26.536B
CarMax Inc. is the largest retailer of used vehicles in the U.S. and one of the nation's largest operators of wholesale vehicle auctions. CarMax is engaged in providing related services including financing of vehicle purchases and sale of extended warranties, accessories and vehicle repair services. It has acquired its used-vehicle inventory directly from consumers through its in-store appraisal process as well as from other sources including local and regional auctions, wholesalers, franchised and independent dealers and fleet owners. A seamless integration of a world-class in-store experience and an online experience improves the shopping experience of the buyers. CarMax operates under two reportable segments: CarMax Sales Operations and CarMax Auto Finance (CAF). Under the CarMax Sales Operations segment, the company undertakes all auto merchandising and service operations, excluding financing. The CAF segment provides vehicle financing services to customers buying through CarMax stores.
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