CARMAX, INC.
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.12B | $15.88B | $15.15B | $14.27B | $12.57B | $10.96B | $10.00B | $8.98B |
| Cost of Revenue | $14.79B | $13.69B | $13.13B | $12.38B | $10.93B | $9.50B | $8.62B | $7.67B |
| Gross Profit | $2.33B | $2.18B | $2.02B | $1.89B | $1.65B | $1.46B | $1.38B | $1.30B |
| Gross Margin | 13.6% | 13.8% | 13.3% | 13.2% | 13.1% | 13.4% | 13.8% | 14.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $1.62B | $1.49B | $1.35B | $1.26B | $1.16B | $1.03B | $940.8M | $878.8M |
| Operating Income | $1.13B | $1.06B | $1.05B | $993.8M | $828.2M | $733.7M | $700.6M | $642.9M |
| Operating Margin | 6.6% | 6.7% | 6.9% | 7.0% | 6.6% | 6.7% | 7.0% | 7.2% |
| Interest Expense | $70.7M | $56.4M | $36.4M | $24.5M | $30.8M | $32.4M | $33.7M | $34.7M |
| Pretax Income | $1.06B | $1.01B | $1.01B | $969.3M | $797.3M | $701.4M | $666.9M | $608.2M |
| Income Tax Expense | $399.5M | $379.4M | $386.5M | $372.0M | $304.7M | $267.1M | $253.1M | $230.7M |
| Net Income | $664.1M | $627.0M | $623.4M | $597.4M | $492.6M | $434.3M | $413.8M | $377.5M |
| Net Margin | 3.9% | 3.9% | 4.1% | 4.2% | 3.9% | 4.0% | 4.1% | 4.2% |
| EPS (Basic) | $3.64 | $3.29 | $3.07 | $2.77 | $2.20 | $1.90 | $1.83 | $1.68 |
| EPS (Diluted) | $3.60 | $3.26 | $3.03 | $2.73 | $2.16 | $1.87 | $1.79 | $1.65 |
| Shares Outstanding (Basic) | 182.7M | 190.3M | 203.3M | 215.6M | 223.6M | 228.1M | 226.3M | 223.4M |
| Shares Outstanding (Diluted) | 184.5M | 192.2M | 205.5M | 218.7M | 227.6M | 231.8M | 230.7M | 227.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |