CarMax Ebit Per Revenue vs Cost Of Revenue Analysis

KMX Stock  USD 84.59  0.50  0.59%   
CarMax financial indicator trend analysis is way more than just evaluating CarMax Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether CarMax Inc is a good investment. Please check the relationship between CarMax Ebit Per Revenue and its Cost Of Revenue accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Ebit Per Revenue vs Cost Of Revenue

Ebit Per Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of CarMax Inc Ebit Per Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between CarMax's Ebit Per Revenue and Cost Of Revenue is -0.12. Overlapping area represents the amount of variation of Ebit Per Revenue that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of CarMax Inc, assuming nothing else is changed. The correlation between historical values of CarMax's Ebit Per Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebit Per Revenue of CarMax Inc are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Ebit Per Revenue i.e., CarMax's Ebit Per Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.12
Relationship DirectionNegative 
Relationship StrengthInsignificant

Ebit Per Revenue

Cost Of Revenue

Cost of Revenue is found on CarMax Inc income statement and represents the costs associated with goods and services CarMax provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most indicators from CarMax's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into CarMax Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in CarMax Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
At this time, CarMax's Tax Provision is fairly stable compared to the past year. Issuance Of Capital Stock is likely to rise to about 62.3 M in 2024, whereas Selling General Administrative is likely to drop slightly above 1.1 B in 2024.
 2021 2022 2023 2024 (projected)
Gross Profit3.3B2.8B2.7B1.5B
Total Revenue31.9B29.7B26.5B27.9B

CarMax fundamental ratios Correlations

0.760.990.951.00.990.990.331.00.250.110.720.111.00.950.861.00.961.00.720.630.311.00.80.94-0.07
0.760.770.70.80.760.830.090.76-0.18-0.050.59-0.060.760.730.80.760.720.750.140.840.440.760.690.69-0.22
0.990.770.970.980.960.990.430.980.270.20.70.060.980.940.910.980.960.980.740.590.240.980.720.96-0.09
0.950.70.970.940.910.960.540.940.280.370.640.230.930.90.870.930.940.930.760.540.270.930.661.00.1
1.00.80.980.940.990.980.321.00.250.090.680.080.990.930.860.990.930.990.680.670.290.990.790.92-0.1
0.990.760.960.910.990.970.220.990.23-0.010.730.071.00.950.831.00.941.00.690.650.331.00.840.89-0.12
0.990.830.990.960.980.970.360.980.180.150.750.090.980.960.910.980.970.980.660.650.330.980.780.95-0.08
0.330.090.430.540.320.220.360.320.510.92-0.030.140.270.210.440.270.340.280.62-0.13-0.430.26-0.180.570.24
1.00.760.980.941.00.990.980.320.280.090.670.111.00.930.841.00.931.00.720.650.281.00.80.93-0.07
0.25-0.180.270.280.250.230.180.510.280.29-0.280.340.250.07-0.050.240.110.260.63-0.13-0.730.24-0.060.260.35
0.11-0.050.20.370.09-0.010.150.920.090.29-0.140.250.040.020.250.040.160.050.39-0.21-0.280.04-0.30.410.38
0.720.590.70.640.680.730.75-0.030.67-0.28-0.14-0.150.720.880.780.720.850.720.430.340.620.730.720.64-0.3
0.11-0.060.060.230.080.070.090.140.110.340.25-0.150.080.09-0.210.080.110.080.110.170.10.090.10.240.97
1.00.760.980.930.991.00.980.271.00.250.040.720.080.950.841.00.941.00.70.640.311.00.830.91-0.11
0.950.730.940.90.930.950.960.210.930.070.020.880.090.950.860.950.990.950.650.560.460.950.830.89-0.09
0.860.80.910.870.860.830.910.440.84-0.050.250.78-0.210.840.860.850.90.840.570.50.340.840.590.87-0.31
1.00.760.980.930.991.00.980.271.00.240.040.720.081.00.950.850.951.00.70.640.321.00.820.91-0.11
0.960.720.960.940.930.940.970.340.930.110.160.850.110.940.990.90.950.940.70.520.410.950.770.94-0.05
1.00.750.980.930.991.00.980.281.00.260.050.720.081.00.950.841.00.940.710.630.31.00.820.91-0.11
0.720.140.740.760.680.690.660.620.720.630.390.430.110.70.650.570.70.70.710.01-0.150.70.360.750.06
0.630.840.590.540.670.650.65-0.130.65-0.13-0.210.340.170.640.560.50.640.520.630.010.50.640.790.53-0.04
0.310.440.240.270.290.330.33-0.430.28-0.73-0.280.620.10.310.460.340.320.410.3-0.150.50.320.60.27-0.05
1.00.760.980.930.991.00.980.261.00.240.040.730.091.00.950.841.00.951.00.70.640.320.830.91-0.1
0.80.690.720.660.790.840.78-0.180.8-0.06-0.30.720.10.830.830.590.820.770.820.360.790.60.830.64-0.15
0.940.690.961.00.920.890.950.570.930.260.410.640.240.910.890.870.910.940.910.750.530.270.910.640.12
-0.07-0.22-0.090.1-0.1-0.12-0.080.24-0.070.350.38-0.30.97-0.11-0.09-0.31-0.11-0.05-0.110.06-0.04-0.05-0.1-0.150.12
Click cells to compare fundamentals

CarMax Account Relationship Matchups

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for CarMax Stock Analysis

When running CarMax's price analysis, check to measure CarMax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CarMax is operating at the current time. Most of CarMax's value examination focuses on studying past and present price action to predict the probability of CarMax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CarMax's price. Additionally, you may evaluate how the addition of CarMax to your portfolios can decrease your overall portfolio volatility.