CarMax 2005 Annual Report Download - page 15

SINCE OPENING OUR FIRST STORE IN SEPTEMBER 1993, WE HAVE GROWN TO MORE THAN
$5 BILLION IN ANNUAL SALES IN THE SHORT SPAN OF 11 YEARS. OUR ECONOMIC RETURNS
ARE SIMILAR TO MANY INDUSTRY-LEADING, BIG-BOX RETAILERS AND SIGNIFICANTLY BETTER
THAN THE PUBLICLY TRADED NEW CAR DEALER GROUPS. 5
CARMAX 2005 13
REGION MANAGEMENT TEAMS
STRONG
RESULTS
EARNINGS
(In millions)
REVENUES
(In millions)
RETURN ON INVESTED CAPITAL
(Unleveraged)
RETURN ON SHAREHOLDERS’ EQUITY
$93.5
$327.1
$566.7
$950.7
$1,607.3
$2,201.2
$2,758.5
$3,533.8
$3,969.9
$4,597.7
$5,260.3
FY05FY04FY03FY02
FY01FY00FY99FY98FY97FY96FY95
$(4.1)
$(5.2)
$(9.3)
$(34.2)
$(23.5)
$1.1
$45.6
$90.8
$94.8
$116.5
$112.9
FY 05 FY 04 FY 03 FY 02 FY 01
FY 00
FY 99 FY 98 FY 97 FY 96 FY 95
(4.1)%
(0.5)%
(0.8)%
(5.3)%
(0.8)%
3.5%
8.5%
12.7%
12.1%
12.4%
10.8%
FY 05
FY 04 FY 03 FY 02 FY 01 FY 00
FY 99 FY 98 FY 97 FY 96 FY 95
FY 05 FY 04 FY 03
FY 02
FY 01 FY 00
FY 99 FY 98 FY 97
18.9%
15.2%
18.2%
20.7%
12.4%
0.3%
(6.7)%
(9.1)%
(4.9)%
ROE calculations not meaningful for
periods prior to fiscal 1997.