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KMXCarMax, Inc.

KMX FCF Payout Ratio Metrics

FCF PAYOUT RATIO

N/A

Payout Ratio Comparison

FCF Payout Ratio TTM

N/A

Earnings Payout Ratio

N/A

Dividend Yield

N/A

FCF Yield

13.26%

Annual FCF Payout Ratio History

YearFree Cash FlowDividends PaidFCF Payout Ratio
2026$1.24B$00.0%
2025$156.50M$00.0%
2024($6.69M)$0N/A (Loss)
2023$860.62M$00.0%
2022($2.86B)$0N/A (Loss)
2021$503.22M$00.0%
2020($568.50M)$0N/A (Loss)
2019($141.66M)$0N/A (Loss)
2018($377.37M)$0N/A (Loss)
2017($886.28M)$0N/A (Loss)
2016($464.48M)$0N/A (Loss)
2015($1.28B)$0N/A (Loss)
2014($923.48M)$0N/A (Loss)
2013($1.01B)$0N/A (Loss)
2012($234.78M)$0N/A (Loss)
2011($93.78M)$0N/A (Loss)
2010$23.39M$00.0%
2009$78.89M$00.0%
2008($173.59M)$0N/A (Loss)
2007($54.96M)$0N/A (Loss)
2006($72.14M)$0N/A (Loss)
2005($185.34M)$0N/A (Loss)
2004($32.87M)$0N/A (Loss)
2003($50.06M)$28.40MN/A (Loss)
2002$1.22M$00.0%
2001$6.97M$00.0%
2000($70.49M)$0N/A (Loss)
1999($261.90M)$0N/A (Loss)
1998($320.40M)$0N/A (Loss)
1997($115.80M)$0N/A (Loss)

Formula: FCF Payout Ratio TTM = trailing 4Q dividends paid / trailing 4Q free cash flow × 100

FCF payout and earnings payout:

  • FCF represents operating cash flow after capital expenditures
  • FCF payout compares dividends paid with free cash flow
  • FCF payout above 100% means dividends paid exceeded free cash flow for the period
  • Earnings payout compares dividends paid with net income

Reading the series: Use the chart and table to compare dividend payments with cash generation over time.

FCF Payout Ratio Formula & Definition

FCF Payout Ratio measures trailing dividends paid as a percentage of trailing free cash flow. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

About CarMax, Inc.

CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.

Richmond, VA
30,048 employees
Consumer Cyclical / Auto - Dealerships
Sector
Consumer Cyclical
Industry
Auto - Dealerships
CEO
Keith Barr