CarMax (LTS:0HTQ) Other Operating Expense : $606 Mil (TTM As of Nov. 2024)

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What is CarMax Other Operating Expense?

CarMax's Other Operating Expense for the three months ended in Nov. 2024 was $141 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Nov. 2024 was $606 Mil.

CarMax's quarterly Other Operating Expense increased from May. 2024 ($147 Mil) to Aug. 2024 ($181 Mil) but then declined from Aug. 2024 ($181 Mil) to Nov. 2024 ($141 Mil).

CarMax's annual Other Operating Expense increased from Feb. 2022 ($360 Mil) to Feb. 2023 ($561 Mil) and increased from Feb. 2023 ($561 Mil) to Feb. 2024 ($566 Mil).

CarMax Other Operating Expense Historical Data

The historical data trend for CarMax's Other Operating Expense 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.

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CarMax Other Operating Expense Chart

CarMax Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Other Operating Expense

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376.30

355.86

360.26

560.95

566.03

CarMax Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Other Operating Expense	Get a 7-Day Free Trial															133.02	136.87	147.27	180.80	141.41

CarMax Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $606 Mil.

CarMax Other Operating Expense Related Terms

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CarMax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarMax Inc (LTS:0HTQ) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

KMX:USA KMX:Mexico XA4:Germany

Address

12800 Tuckahoe Creek Parkway, Richmond, VA, USA, 23238

Website

https://www.carmax.com

CarMax sells, finances, and services used and new cars through a chain of around 250 used 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 typically account for about 83% of revenue (79% in fiscal 2024 due to the chip shortage) and wholesale about 13% (19% in fiscal 2024), with the remaining portion composed of extended service plans and repair. In fiscal 2024, the company retailed and wholesaled 765,572, and 546,331 used vehicles, respectively. CarMax is the largest used-vehicle retailer in the US but still estimates that it had only about 3.7% US market share of vehicles 0-10 years old in 2023. It seeks over 5% share a few years from now. CarMax is based in Richmond, Virginia.

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