CarMax (LTS:0HTQ) Pre-Tax Income: $359 Mil (TTM As of May. 2026)

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LTS:0HTQ CarMax Inc LTS:0HTQ
65 GF Score
Price $59.63
GF Value $77.27
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is CarMax Pre-Tax Income?

CarMax LTS:0HTQ -1.19% 65 Pre-Tax Income is $359 Mil as of May. 2026. GuruFocus rates LTS:0HTQ with a GF Score™ of 65/100 and a GF Value™ of $77.27 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Pretax income is the income that a company earns before paying income taxes. CarMax's pretax income for the three months ended in May. 2026 was $259 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2026 was $359 Mil. CarMax's pretax margin was 3.05%.

During the past 13 years, CarMax's highest Pretax Margin was 6.34%. The lowest was 1.36%. And the median was 4.89%.


CarMax  (LTS:0HTQ) Pre-Tax Income Explanation

CarMax's Pretax Margin for the quarter that ended in May. 2026 is calculated as

Pretax Margin=Pretax Income/Revenue
=258.557/8474.46
=3.05%

During the past 13 years, CarMax's highest Pretax Margin was 6.34%. The lowest was 1.36%. And the median was 4.89%.

* 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 Pre-Tax Income Related Terms


CarMax Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for CarMax's Pre-Tax Income 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 Pre-Tax Income Chart

CarMax Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,492.35 636.80 641.60 669.36 383.43

CarMax Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Pre-Tax Income 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 283.13 127.10 83.89 -110.68 258.56

LTS:0HTQ vs RUSHA, LAD, ALTB: Pre-Tax Income Comparison

For the Auto & Truck Dealerships subindustry, CarMax's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CarMax Pre-Tax Income vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CarMax's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where CarMax's Pre-Tax Income falls into.


LTS:0HTQ
65GF Score
CarMax Inc LTS:0HTQ
Pre-Tax Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CarMax Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

CarMax's Pretax Income for the fiscal year that ended in Feb. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=605.352++-110.394+0+-111.525
=383

CarMax's Pretax Income for the quarter that ended in May. 2026 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=286.067++-33.811+0+6.301
=259

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $359 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $359 Mil mean?
CarMax (LTS:0HTQ) has a Pre-Tax Income of $359 Mil as of May. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on CarMax and its competitors.
Is CarMax's Pre-Tax Income too high?
CarMax's current Pre-Tax Income is $359 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 Pre-Tax Income compare to RUSHA and LAD?
CarMax's Pre-Tax Income of $359 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 Pre-Tax Income for a Vehicles & Parts company?
A good Pre-Tax Income depends on the Vehicles & Parts industry context. However, Pre-Tax Income 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on CarMax and its competitors. CarMax's current Pre-Tax Income is $359 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 $77.27, compared to a current price of $59.63 — trading 22.8% below its estimated fair value. The current Pre-Tax Income is $359 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 Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For CarMax (LTS:0HTQ), the current Pre-Tax Income is $359 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 $59.63 is trading 22.8% below its estimated GF Value™ of $77.27. GuruFocus considers CarMax to be Modestly Undervalued.

Key valuation signals for LTS:0HTQ:

  • Pre-Tax Income: $359 Mil
  • GF Value™: $77.27 vs. price of $59.63 (22.8% 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

Get the complete analysis for LTS:0HTQ

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

$59.63
Price
$77.27
GF Value