CarMax Financial Statements FY2022-FY2027Q2

CarMax, Inc. (KMX) Financial Statements in Beancount — Open Ledger

CarMax's income statement and balance sheet, FY2022 through FY2027Q2, as a public, auditable plain-text Beancount ledger — reconstructed line by line from the company's own Form 10-K and 10-Q filings and version-controlled in git. Part of the Open Ledger project on beancount.io.

Browse it live: beancount.io/ledger/open_ledger/carmax

Latest analysis: CarMax FY2027 Q2: $1.16 EPS on Cars Sold Cheaper

Key Figures

Amounts in MUSD (millions of US dollars), exactly as the ledger records them.

What's Inside

Fiscal years end on the last day of February and are labeled by the ending year (FY2024 ended February 29, 2024); SEC CIK 0001170010. FY2027Q2 is the quarter June 1–August 31, 2026 alone (FY2027Q1 is not included). CarMax Auto Finance income is carried in its own Income:CarMaxAutoFinance account, net of funding costs and loan-loss provision as filed, and the non-recourse notes that fund it in Liabilities:Current:FundingDebt / Liabilities:NonCurrent:FundingDebt; source amounts in thousands carry three decimals here.

Quick Start

uvx --from beancount bean-check main.bean
uvx --from beanquery bean-query main.bean \
  "SELECT year, sum(position) WHERE account ~ '^Income:Revenue' GROUP BY year ORDER BY year"

Zero output from bean-check means the ledger is internally consistent: every
income statement sums to zero and every balance-sheet snapshot reconciles to
the filed totals. The query prints revenue by calendar year; income is a
credit, so it shows as a negative number. Open main.bean in Fava
or import it into beancount.io to explore it visually.

Methodology

• Balance sheet — pad / balance directives assert each period-end
  figure against the filing named in that period file's source banner.
• Income statement — one zero-sum transaction per period: Income
  negative (credit), Expenses positive (debit), with the arithmetic check in
  a comment directly above it.
• Unit — MUSD; 7,877.91 MUSD means 7,877.91 million US dollars.
• Additional accounts — Assets:Current:RestrictedCash,
  Assets:Current:LoansHeldForSale, Assets:NonCurrent:Loans,
  Assets:NonCurrent:OperatingLeaseRightOfUse,
  Liabilities:Current:FundingDebt, Liabilities:NonCurrent:FundingDebt,
  Liabilities:Current:OperatingLeases,
  Liabilities:NonCurrent:OperatingLeases, Income:CarMaxAutoFinance,
  Expenses:DepreciationAndAmortization, Expenses:Interest,
  Expenses:GoodwillImpairment, opened beyond the standard chart (see each
  account's open line in main.bean).

Analysis

• CarMax FY2027 Q2: $1.16 EPS on Cars Sold Cheaper — FY2027Q2

Corrections

Found a figure that does not match the filing? Email
[email protected] with the period, the account
and the filing page. Corrections are committed with the source cited.

About Open Ledger

Open Ledger is a growing library of public-company financial statements
published as plain-text accounting at
beancount.io/ledger — git-versioned, diffable
across companies, and auditable against primary filings. Read the analysis
behind the numbers on the beancount.io blog.

Disclaimer

This ledger is an independent reconstruction of CarMax, Inc.'s publicly filed
financial statements, provided for educational and informational purposes
only. It is not investment, financial, legal, tax, or accounting advice, and
is not an offer or recommendation to buy or sell any security. Beancount.io is
not affiliated with, endorsed by, or sponsored by CarMax, Inc.; all trademarks
belong to their respective owners. Figures may contain errors, omissions, or
simplifications and may lag the latest filings — the company's own regulatory
filings are the authoritative source. Provided "as is" without warranty of any
kind; use at your own risk.