CarMax (LTS:0HTQ) Accumulated Depreciation: $-2,286 Mil (As of May. 2026)

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Founder & CEO of GuruFocus
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LTS:0HTQ CarMax Inc LTS:0HTQ
65 GF Score
Price $61.40
GF Value $77.06
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CarMax Accumulated Depreciation?

CarMax LTS:0HTQ +1.89% 65 Accumulated Depreciation is $-2,286 Mil as of May. 2026. GuruFocus rates LTS:0HTQ with a GF Score™ of 65/100 and a GF Value™ of $77.06 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

CarMax's quarterly accumulated depreciation increased from Nov. 2025 ($-2,202 Mil) to Feb. 2026 ($-2,217 Mil) and increased from Feb. 2026 ($-2,217 Mil) to May. 2026 ($-2,286 Mil).

CarMax's annual accumulated depreciation increased from Feb. 2024 ($-1,814 Mil) to Feb. 2025 ($-2,015 Mil) and increased from Feb. 2025 ($-2,015 Mil) to Feb. 2026 ($-2,217 Mil).

CarMax Accumulated Depreciation Related Terms

CarMax Accumulated Depreciation Historical Data

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The historical data trend for CarMax's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CarMax Accumulated Depreciation Chart

CarMax Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,437.55 -1,614.92 -1,813.78 -2,014.56 -2,217.49

CarMax Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,071.39 -2,138.88 -2,201.89 -2,217.49 -2,285.97
LTS:0HTQ
65GF Score
CarMax Inc LTS:0HTQ
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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CarMax Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-2,286 Mil mean?
CarMax (LTS:0HTQ) has a Accumulated Depreciation of $-2,286 Mil as of May. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on CarMax and its competitors.
Is CarMax's Accumulated Depreciation too high?
CarMax's current Accumulated Depreciation is $-2,286 Mil. Overall, CarMax has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CarMax's Accumulated Depreciation compare to RUSHA and LAD?
CarMax's Accumulated Depreciation of $-2,286 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for a Vehicles & Parts company?
A good Accumulated Depreciation depends on the Vehicles & Parts industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on CarMax and its competitors. CarMax's current Accumulated Depreciation is $-2,286 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarMax stock overvalued right now?
Based on GuruFocus' analysis, CarMax (LTS:0HTQ) is currently considered Modestly Undervalued. The stock's GF Value™ is $77.06, compared to a current price of $61.40 — trading 20.3% below its estimated fair value. The current Accumulated Depreciation is $-2,286 Mil. CarMax's overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For CarMax (LTS:0HTQ), the current Accumulated Depreciation is $-2,286 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CarMax (LTS:0HTQ) Overvalued in 2026?

Based on GuruFocus' analysis, CarMax stock appears to be undervalued. The current stock price of $61.40 is trading 20.3% below its estimated GF Value™ of $77.06. GuruFocus considers CarMax to be Modestly Undervalued.

Key valuation signals for LTS:0HTQ:

  • Accumulated Depreciation: $-2,286 Mil
  • GF Value™: $77.06 vs. price of $61.40 (20.3% below fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the LTS:0HTQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CarMax Business Description

Address 12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238
CarMax sells, finances, and services used and new cars through a chain of over about 260 retail stores. It was formed in 1993 as a unit of Circuit City and spun off into an independent company in late 2002. Used-vehicle sales were 80% of fiscal 2026 revenue and wholesale about 17%, with the remaining portion composed of extended service plans and repair. In fiscal 2026, the company retailed and wholesaled 780,684 and 538,203 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US, but still estimates that it had only about 3.6% US market share of vehicles zero to 10 years old in calendar 2025. CarMax is based in Richmond, Virginia.
65GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$61.40
Price
$77.06
GF Value