CarMax, Inc. KMX NYSE

CarMax, Inc. (KMX) generated $624.44M in operating cash flow for fiscal year 2025. After capital expenditures of $467.94M, free cash flow was $156.5M.

Free cash flow margin was 0.6% of revenue. Cash conversion ratio was 1.25x, indicating earnings are backed by cash.

The company returned $428.45M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (46/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (30/100) — Cash conversion ratio was 1.25x confirms earnings are backed by real cash flow

Overall SharesGrow Score: 45/100 with 1/7 criteria passed.