Carmax finance number the CarMax Finance Number statistics

The CarMax Finance Number statistics for FY2024 show stable debt-to-equity ratios, indicating balanced leverage practices, which could keep the company’s stock volatility relatively contained. Overall KMX ranks 42nd on our list of stocks with the highest consensus ROE according to Goldman Sachs. While we acknowledge the potential of KMX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than KMX but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock . The company’s fiscal Q4 net earnings per share was $0.58, up 81% versus a year ago, but missed analyst expectations of $0.66. And, the withdrawal of CarMax’s timeline to reach 2 million units of sales, $33 billion of annual revenue, and more than a 5% market share of up to 10-year-old vehicles “adds further uncertainty to high market uncertainty around U.S. tariff policy,” David Whiston, a strategist for Morningstar, wrote in an analyst note on Thursday. In addition, the company only updates its long-term goals at fiscal year-end. “We are maintaining our fair value estimate but will reassess all modeling inputs once the 10-K is filed,” he writes.