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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
May 31, 2025
May 31, 2024
SALES AND OPERATING REVENUES:    
NET SALES AND OPERATING REVENUES $ 7,546,541 $ 7,113,397
TOTAL COST OF SALES 6,652,918 6,321,502
GROSS PROFIT  893,623 791,895
CARMAX AUTO FINANCE INCOME  141,650 146,970
Selling, general and administrative expenses 659,643 638,578
Depreciation, Depletion and Amortization, Nonproduction 65,739 61,869
Interest expense 27,070 31,362
Other (income) expense (309) 416
Earnings before income taxes 283,130 206,640
Income tax provision 72,749 54,200
NET EARNINGS  $ 210,381 $ 152,440
WEIGHTED AVERAGE COMMON SHARES:    
Basic, shares 152,137 157,161
Diluted, shares 152,607 157,706
NET EARNINGS PER SHARE:    
Basic (in dollars per share) $ 1.38 $ 0.97
Diluted (in dollars per share) $ 1.38 $ 0.97
Used vehicle sales    
SALES AND OPERATING REVENUES:    
NET SALES AND OPERATING REVENUES $ 6,103,440 $ 5,677,476
TOTAL COST OF SALES 5,549,257 5,181,979
Wholesale vehicle sales    
SALES AND OPERATING REVENUES:    
NET SALES AND OPERATING REVENUES 1,252,738 1,256,439
TOTAL COST OF SALES 1,096,167 1,099,311
Total other sales and revenues    
SALES AND OPERATING REVENUES:    
NET SALES AND OPERATING REVENUES 190,363 179,482
TOTAL COST OF SALES $ 7,494 $ 40,212
NET SALES AND OPERATING REVENUES    
Percentage of Sales    
Item as a percent of net sales and operating revenues 100.00% 100.00%
TOTAL COST OF SALES    
Percentage of Sales    
Item as a percent of net sales and operating revenues 88.20% 88.90%
GROSS PROFIT     
Percentage of Sales    
Item as a percent of net sales and operating revenues 11.80% 11.10%
CARMAX AUTO FINANCE INCOME     
Percentage of Sales    
Item as a percent of net sales and operating revenues 1.90% 2.10%
Selling, general and administrative expenses    
Percentage of Sales    
Item as a percent of net sales and operating revenues 8.70% 9.00%
Depreciation and Amortization, Nonproduction    
Percentage of Sales    
Item as a percent of net sales and operating revenues 0.90% 0.90%
Interest expense    
Percentage of Sales    
Item as a percent of net sales and operating revenues 0.40% 0.40%
Other (income) expense    
Percentage of Sales    
Item as a percent of net sales and operating revenues 0.00% 0.00%
Earnings before income taxes    
Percentage of Sales    
Item as a percent of net sales and operating revenues 3.80% 2.90%
Income tax provision    
Percentage of Sales    
Item as a percent of net sales and operating revenues 1.00% 0.80%
NET EARNINGS     
Percentage of Sales    
Item as a percent of net sales and operating revenues 2.80% 2.10%
NET SALES AND OPERATING REVENUES | Used vehicle sales    
Percentage of Sales    
Item as a percent of net sales and operating revenues 80.90% 79.80%
NET SALES AND OPERATING REVENUES | Wholesale vehicle sales    
Percentage of Sales    
Item as a percent of net sales and operating revenues 16.60% 17.70%
NET SALES AND OPERATING REVENUES | Total other sales and revenues    
Percentage of Sales    
Item as a percent of net sales and operating revenues 2.50% 2.50%
TOTAL COST OF SALES | Used vehicle sales    
Percentage of Sales    
Item as a percent of net sales and operating revenues 73.50% 72.80%
TOTAL COST OF SALES | Wholesale vehicle sales    
Percentage of Sales    
Item as a percent of net sales and operating revenues 14.50% 15.50%
TOTAL COST OF SALES | Total other sales and revenues    
Percentage of Sales    
Item as a percent of net sales and operating revenues 0.10% 0.60%