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Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Aug. 31, 2024
Aug. 31, 2023
Aug. 31, 2024
Aug. 31, 2023
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES $ 7,013,529 $ 7,073,836 $ 14,126,926 $ 14,760,899
TOTAL COST OF SALES 6,253,062 6,377,071 12,574,564 13,246,744
GROSS PROFIT  760,467 696,765 1,552,362 1,514,155
CARMAX AUTO FINANCE INCOME  115,580 134,987 262,550 272,345
Selling, general and administrative expenses 610,562 585,694 1,249,140 1,145,531
Depreciation, Depletion and Amortization, Nonproduction 63,901 58,817 125,770 117,236
Interest expense 27,021 31,585 58,383 62,051
Other income (3,281) (2,630) (2,865) (3,844)
Earnings before income taxes 177,844 158,286 384,484 465,526
Income tax provision 45,035 39,651 99,235 118,593
NET EARNINGS  $ 132,809 $ 118,635 $ 285,249 $ 346,933
WEIGHTED AVERAGE COMMON SHARES:        
Basic, shares 155,866 158,479 156,513 158,298
Diluted, shares 156,526 159,238 157,116 158,900
NET EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.85 $ 0.75 $ 1.82 $ 2.19
Diluted (in dollars per share) $ 0.85 $ 0.75 $ 1.82 $ 2.18
Used vehicle sales        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES $ 5,677,081 $ 5,591,143 $ 11,354,557 $ 11,592,614
TOTAL COST OF SALES 5,198,315 5,139,034 10,380,294 10,625,880
Wholesale vehicle sales        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES 1,154,465 1,321,975 2,410,904 2,836,338
TOTAL COST OF SALES 1,016,590 1,185,359 2,115,901 2,531,897
Total other sales and revenues        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES 181,983 160,718 361,465 331,947
TOTAL COST OF SALES $ 38,157 $ 52,678 $ 78,369 $ 88,967
NET SALES AND OPERATING REVENUES        
Percentage of Sales        
Item as a percent of net sales and operating revenues 100.00% 100.00% 100.00% 100.00%
TOTAL COST OF SALES        
Percentage of Sales        
Item as a percent of net sales and operating revenues 89.20% 90.20% 89.00% 89.70%
GROSS PROFIT         
Percentage of Sales        
Item as a percent of net sales and operating revenues 10.80% 9.80% 11.00% 10.30%
CARMAX AUTO FINANCE INCOME         
Percentage of Sales        
Item as a percent of net sales and operating revenues 1.60% 1.90% 1.90% 1.80%
Selling, general and administrative expenses        
Percentage of Sales        
Item as a percent of net sales and operating revenues 8.70% 8.30% 8.80% 7.80%
Depreciation and Amortization, Nonproduction        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.90% 0.80% 0.90% 0.80%
Interest expense        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.40% 0.40% 0.40% 0.40%
Other income        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.00% 0.00% 0.00% 0.00%
Earnings before income taxes        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.50% 2.20% 2.70% 3.20%
Income tax provision        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.60% 0.60% 0.70% 0.80%
NET EARNINGS         
Percentage of Sales        
Item as a percent of net sales and operating revenues 1.90% 1.70% 2.00% 2.40%
NET SALES AND OPERATING REVENUES | Used vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 80.90% 79.00% 80.40% 78.50%
NET SALES AND OPERATING REVENUES | Wholesale vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 16.50% 18.70% 17.10% 19.20%
NET SALES AND OPERATING REVENUES | Total other sales and revenues        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.60% 2.30% 2.60% 2.20%
TOTAL COST OF SALES | Used vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 74.10% 72.60% 73.50% 72.00%
TOTAL COST OF SALES | Wholesale vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 14.50% 16.80% 15.00% 17.20%
TOTAL COST OF SALES | Total other sales and revenues        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.50% 0.70% 0.60% 0.60%