What is the Return on Assets (ROA) of Carmax this year?
The Return on Assets (ROA) of Carmax is 0.02 undefined this year.
Carmax ROA 2024
Carmax ROA
0.02
Carmax Dividend yield
Ticker
KMX
ISIN
US1431301027
WKN
662604
In 2024, Carmax's return on assets (ROA) was 0.02, a -59.69% increase from the 0.04 ROA in the previous year.
Carmax Aktienanalyse
What does Carmax do?
Carmax Inc. is an American company that specializes in the sale of used vehicles. Founded in the 1990s, the company is headquartered in Richmond, Virginia, and currently operates over 220 locations in the USA. Carmax was created in response to the need for a specialized company focused on selling used vehicles. The business model aims to revolutionize the used car market by making the process of buying a vehicle as easy and stress-free as possible for customers. Carmax offers a wide selection of used vehicles from various brands and models at competitive prices. Additionally, the company provides warranties, returns, and financing options to make the purchasing process as convenient as possible. The company also offers vehicle evaluations and inspection services to ensure that every vehicle is in excellent condition and meets customer expectations. Carmax has its own mechanics and workshops for vehicle repairs and maintenance. They also offer service packages to ensure that customers' vehicles are well-maintained and long-lasting. In addition to vehicle sales and services, Carmax offers a range of products and services to enhance the customer buying experience, including warranties, returns, financing, insurance, and brokerage services. Customers can also use online tools to select, buy, and sell their used vehicles. Carmax has become one of the leading providers of used vehicles in the USA, offering a wide range of vehicles from different brands and models at competitive prices. The company continues to innovate and provide customers with the best vehicle deals. Carmax ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding Carmax's Return on Assets (ROA)
Carmax's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing Carmax's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider Carmax's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in Carmax’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about Carmax Stock
What was the ROA of Carmax compared to the previous year?
The ROA of Carmax has increased by -59.69% compared to the previous year.
What consequences do high ROA have for investors of Carmax?
A high ROA is advantageous for investors of Carmax, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in Carmax?
A low ROA can be unfavorable for investors of Carmax as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of Carmax affect the company?
An increase in ROA of Carmax can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of Carmax impact the company?
A reduction in the ROA of Carmax can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of Carmax?
Some factors that can influence the ROA of Carmax include revenue, operating costs, asset structure, and industry average.
Why is the ROA of Carmax important for investors?
The ROA of Carmax is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can Carmax take to improve ROA?
To improve ROA, Carmax can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does Carmax pay?
Over the past 12 months, Carmax paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Carmax is expected to pay a dividend of 0 USD.
What is the dividend yield of Carmax?
The current dividend yield of Carmax is .
When does Carmax pay dividends?
Carmax pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of Carmax?
Carmax paid dividends every year for the past 0 years.
What is the dividend of Carmax?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Carmax located?
Carmax is assigned to the 'Cyclical consumption' sector.
Wann musste ich die Aktien von Carmax kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Carmax from 4/28/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 4/28/2024.
When did Carmax pay the last dividend?
The last dividend was paid out on 4/28/2024.
What was the dividend of Carmax in the year 2023?
In the year 2023, Carmax distributed 0 USD as dividends.
In which currency does Carmax pay out the dividend?
The dividends of Carmax are distributed in USD.
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Our stock analysis for Carmax Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Carmax Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
