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America's Car-Mart (CRMT) Financials

America's Car-Mart logo
$48.05 -0.15 (-0.31%)
Closing price 05/5/2025 04:00 PM Eastern
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$47.92 -0.13 (-0.27%)
As of 05/5/2025 04:05 PM Eastern
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Annual Income Statements for America's Car-Mart

Annual Income Statements for America's Car-Mart

This table shows America's Car-Mart's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 4/30/2022 4/30/2023 4/30/2024
Net Income / (Loss) Attributable to Common Shareholders		 95 20 -31
Consolidated Net Income / (Loss)		 95 20 -31
Net Income / (Loss) Continuing Operations		 95 20 -31
Total Pre-Tax Income 		123 26 -40
Total Operating Income		 134 64 25
Total Gross Profit		 532 600 635
Total Revenue		 1,191 1,400 1,394
Operating Revenue		 1,191 1,400 1,394
Total Cost of Revenue		 659 801 759
Operating Cost of Revenue		 659 801 759
Total Operating Expenses		 398 536 610
Selling, General & Admin Expense		 156 177 179
Depreciation Expense		 4.03 5.60 6.87
Other Operating Expenses / (Income)		 238 353 423
Other Special Charges / (Income)		 0.15 0.36 0.44
Total Other Income / (Expense), net		 -11 -38 -65
Interest Expense		 11 38 65
Income Tax Expense		 28 5.36 -8.74
Preferred Stock Dividends Declared		 0.04 0.04 0.04
Basic Earnings per Share		 $14.59 $3.20 ($4.92)
Weighted Average Basic Shares Outstanding		 6.51M 6.37M 6.39M
Diluted Earnings per Share		 $13.92 $3.11 ($4.92)
Weighted Average Diluted Shares Outstanding		 6.82M 6.57M 6.39M
Weighted Average Basic & Diluted Shares Outstanding		 6.37M 6.37M 6.40M

Quarterly Income Statements for America's Car-Mart

This table shows America's Car-Mart's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q2 2025 Q3 2025
Period end date 1/31/2022 4/30/2022 7/31/2023 10/31/2022 1/31/2023 4/30/2023 7/31/2024 10/31/2023 1/31/2024 10/31/2024 1/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 19 27 4.18 3.13 1.50 2.08 -0.97 -27 -8.55 5.09 3.15
Consolidated Net Income / (Loss)		 19 27 4.19 3.14 1.51 2.09 -0.96 -27 -8.54 5.10 3.16
Net Income / (Loss) Continuing Operations		 19 27 4.19 3.14 1.51 2.09 -0.96 -27 -8.54 5.10 3.16
Total Pre-Tax Income 		25 35 5.22 4.06 1.76 2.25 -1.18 -36 -10 7.12 4.39
Total Operating Income		 28 39 19 12 12 15 17 -19 -10 25 4.39
Total Gross Profit		 130 201 164 146 144 165 161 163 141 174 156
Total Revenue		 287 338 367 352 325 384 348 360 300 347 326
Operating Revenue		 287 338 367 352 325 384 348 360 300 347 326
Total Cost of Revenue		 157 137 203 206 182 220 187 197 158 173 169
Operating Cost of Revenue		 157 191 203 206 182 220 187 197 158 173 169
Total Operating Expenses		 102 162 145 133 132 150 144 182 152 149 152
Selling, General & Admin Expense		 39 41 46 43 45 46 47 45 44 47 46
Depreciation Expense		 0.95 1.21 1.69 1.31 1.54 1.61 1.88 1.70 1.71 1.93 1.89
Other Operating Expenses / (Income)		 62 - 96 89 86 102 95 135 106 100 104
Other Special Charges / (Income)		 0.04 0.06 0.17 0.24 0.07 0.04 0.05 0.07 0.12 0.04 0.04
Total Other Income / (Expense), net		 -2.94 -3.48 -14 -8.35 -9.77 -13 -18 -17 0.00 -18 0.00
Income Tax Expense		 6.14 7.91 1.03 0.92 0.25 0.17 -0.22 -8.13 -1.80 2.02 1.23
Preferred Stock Dividends Declared		 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
Basic Earnings per Share		 $2.95 $4.27 $0.65 $0.49 $0.24 $0.32 ($0.15) ($4.30) ($1.34) $0.62 $0.38
Weighted Average Basic Shares Outstanding		 6.49M 6.51M 6.38M 6.37M 6.37M 6.37M 6.40M 6.39M 6.39M 8.15M 8.26M
Diluted Earnings per Share		 $2.82 $4.12 $0.63 $0.48 $0.23 $0.33 ($0.15) ($4.30) ($1.34) $0.61 $0.37
Weighted Average Diluted Shares Outstanding		 6.78M 6.82M 6.64M 6.55M 6.54M 6.57M 6.40M 6.39M 6.39M 8.29M 8.41M
Weighted Average Basic & Diluted Shares Outstanding		 6.44M 6.37M 6.38M 6.37M 6.37M 6.37M 6.40M 6.39M 6.39M 8.25M 8.26M

Annual Cash Flow Statements for America's Car-Mart

This table details how cash moves in and out of America's Car-Mart's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 4/30/2022 4/30/2023 4/30/2024
Net Change in Cash & Equivalents		 40 25 26
Net Cash From Operating Activities		 -119 -136 -74
Net Cash From Continuing Operating Activities		 -119 -136 -74
Net Income / (Loss) Continuing Operations		 95 20 -31
Consolidated Net Income / (Loss)		 95 20 -31
Depreciation Expense		 4.03 5.60 6.87
Amortization Expense		 0.78 5.46 5.14
Non-Cash Adjustments To Reconcile Net Income		 -327 -343 -161
Changes in Operating Assets and Liabilities, net		 108 176 107
Net Cash From Investing Activities		 -17 -28 -11
Net Cash From Continuing Investing Activities		 -17 -28 -11
Purchase of Property, Plant & Equipment		 -16 -22 -6.15
Purchase of Investments		 -1.57 -5.55 -4.82
Sale of Property, Plant & Equipment		 0.02 0.08 0.32
Net Cash From Financing Activities		 176 189 111
Net Cash From Continuing Financing Activities		 176 189 111
Repayment of Debt		 -517 -732 -1,053
Repurchase of Common Equity		 -35 -5.20 -0.37
Payment of Dividends		 -0.04 -0.04 -0.04
Issuance of Debt		 729 925 1,165
Issuance of Common Equity		 0.29 0.29 0.28
Other Financing Activities, net		 -1.49 1.22 -0.46

Quarterly Cash Flow Statements for America's Car-Mart

This table details how cash moves in and out of America's Car-Mart's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q3 2025
Period end date 1/31/2022 4/30/2022 7/31/2023 10/31/2022 1/31/2023 4/30/2023 7/31/2024 10/31/2023 1/31/2024 4/30/2024 1/31/2025
Net Change in Cash & Equivalents		 0.48 40 24 -4.79 28 2.56 4.17 22 0.10 -0.14 -3.33
Net Cash From Operating Activities		 -33 -17 -45 -35 -29 -12 -15 -61 13 -11 -31
Net Cash From Continuing Operating Activities		 -33 -17 -45 -35 -29 -12 -15 -61 13 -11 -31
Net Income / (Loss) Continuing Operations		 19 26 4.19 3.14 1.51 2.09 -0.96 -22 -8.54 0.43 3.16
Consolidated Net Income / (Loss)		 19 26 4.19 3.14 1.51 2.09 -0.96 -22 -8.54 0.43 3.16
Depreciation Expense		 0.95 1.21 1.69 1.31 1.54 1.61 1.88 1.51 1.71 1.77 1.89
Amortization Expense		 0.21 0.22 1.29 1.38 0.85 1.27 1.27 1.52 1.21 1.15 1.41
Non-Cash Adjustments To Reconcile Net Income		 -76 -90 -82 -96 -65 -83 -53 -60 -7.49 -41 -44
Changes in Operating Assets and Liabilities, net		 23 46 29 55 32 67 36 18 26 27 6.73
Net Cash From Investing Activities		 -8.13 -2.15 -0.85 -7.35 -10 -3.15 -8.51 6.93 -7.74 -1.32 -0.75
Net Cash From Continuing Investing Activities		 -8.13 -2.15 -0.85 -7.35 -10 -3.15 -8.51 6.93 -7.74 -1.32 -0.75
Purchase of Property, Plant & Equipment		 -7.04 -1.92 -1.38 -7.13 -4.95 -3.10 -0.99 -1.16 -2.72 -1.28 -0.75
Net Cash From Financing Activities		 41 59 70 37 67 17 28 77 -5.12 12 28
Net Cash From Continuing Financing Activities		 41 59 70 37 67 17 28 77 -5.12 12 28
Repayment of Debt		 -34 -415 -394 -84 -444 -125 -259 -273 -388 -136 -335
Repurchase of Common Equity		 -6.54 -8.20 -0.07 - - - -0.02 -0.04 -0.27 -0.03 -0.02
Payment of Dividends		 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01 -0.01
Issuance of Debt		 82 482 465 122 511 143 287 350 383 148 363
Issuance of Common Equity		 0.08 0.07 0.08 0.06 0.07 0.06 0.08 0.07 0.08 0.06 0.07

Annual Balance Sheets for America's Car-Mart

This table presents America's Car-Mart's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2022 2023 2024
Period end date 4/30/2022 4/30/2023 4/30/2024
Total Assets		 1,155 1,415 1,478
Total Current Assets		 178 219 243
Cash & Equivalents		 6.92 9.80 5.52
Restricted Cash		 36 58 89
Accounts Receivable		 4.93 6.12 6.91
Inventories, net		 115 109 107
Prepaid Expenses		 15 26 31
Current Deferred & Refundable Income Taxes		 0.27 9.26 2.96
Plant, Property, & Equipment, net		 45 62 60
Total Noncurrent Assets		 931 1,134 1,174
Noncurrent Note & Lease Receivables		 864 1,063 1,099
Goodwill		 8.62 12 14
Other Noncurrent Operating Assets		 59 59 61
Total Liabilities & Shareholders' Equity		 1,155 1,415 1,478
Total Liabilities		 678 916 1,006
Total Current Liabilities		 53 55 49
Accounts Payable		 20 27 21
Accrued Expenses		 33 28 28
Current Deferred & Payable Income Tax Liabilities		 - - 0.00
Other Current Liabilities		 0.00 0.00 0.00
Total Noncurrent Liabilities		 625 861 957
Long-Term Debt		 441 471 554
Noncurrent Deferred Revenue		 92 120 121
Noncurrent Deferred & Payable Income Tax Liabilities		 30 39 18
Other Noncurrent Operating Liabilities		 61 230 265
Commitments & Contingencies		 0.00 0.00 0.00
Redeemable Noncontrolling Interest		 0.40 0.40 0.40
Total Equity & Noncontrolling Interests		 477 499 471
Total Preferred & Common Equity		 476 498 471
Preferred Stock		 0.00 0.00 0.00
Total Common Equity		 476 498 471
Common Stock		 103 110 114
Retained Earnings		 665 686 654
Treasury Stock		 -292 -297 -298
Noncontrolling Interest		 0.10 0.10 0.10

Quarterly Balance Sheets for America's Car-Mart

This table presents America's Car-Mart's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q2 2025 Q3 2025
Period end date 1/31/2022 7/31/2023 10/31/2022 1/31/2023 7/31/2024 10/31/2023 1/31/2024 10/31/2024 1/31/2025
Total Assets		 1,045 1,505 1,306 81 1,531 1,487 1,467 1,575 1,607
Total Current Assets		 136 244 1,174 0.00 255 1,265 243 295 316
Cash & Equivalents		 2.60 6.31 4.53 0.00 4.75 4.31 4.24 8.01 8.53
Restricted Cash		 - 86 33 - 94 - 90 122 118
Accounts Receivable		 4.22 6.76 992 - 7.51 1,113 7.37 7.57 7.06
Inventories, net		 120 117 130 0.00 115 114 109 122 144
Prepaid Expenses		 9.13 22 9.49 - 33 30 31 35 38
Current Deferred & Refundable Income Taxes		 0.04 5.14 4.39 - 0.94 3.40 0.81 0.00 0.00
Plant, Property, & Equipment, net		 46 61 65 69 60 60 61 59 58
Total Noncurrent Assets		 863 1,200 67 12 1,217 163 1,163 1,221 1,234
Noncurrent Note & Lease Receivables		 797 1,127 - - 1,126 - 1,086 1,133 1,146
Goodwill		 8.60 12 8.85 12 23 12 15 23 23
Other Noncurrent Operating Assets		 58 62 59 0.00 68 151 63 66 64
Total Liabilities & Shareholders' Equity		 1,045 1,505 1,306 0.00 1,531 1,487 1,467 1,575 1,607
Total Liabilities		 594 1,000 813 0.00 1,060 1,010 998 1,021 1,049
Total Current Liabilities		 52 62 58 36 68 51 53 69 69
Accounts Payable		 23 32 25 - 36 22 26 34 33
Accrued Expenses		 29 30 33 36 33 28 27 34 36
Current Deferred & Payable Income Tax Liabilities		 0.00 - - - - - - 1.56 0.53
Other Current Liabilities		 0.00 0.00 0.00 - 0.00 - 0.00 0.00 0.00
Total Noncurrent Liabilities		 542 938 755 616 992 960 945 952 980
Long-Term Debt		 373 712 552 616 597 579 685 656 722
Noncurrent Deferred Revenue		 82 126 107 - 122 126 118 107 108
Noncurrent Deferred & Payable Income Tax Liabilities		 26 36 36 0.00 17 25 20 12 9.46
Other Noncurrent Operating Liabilities		 60 65 61 - 256 230 121 176 141
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Redeemable Noncontrolling Interest		 0.40 0.40 0.40 0.00 0.40 0.40 0.40 0.40 0.40
Total Equity & Noncontrolling Interests		 451 505 492 495 471 477 469 554 558
Total Preferred & Common Equity		 450 505 492 0.00 471 477 469 554 558
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 450 505 492 0.00 471 477 469 554 558
Common Stock		 103 112 107 0.00 115 111 113 193 194
Retained Earnings		 632 690 682 0.00 653 663 654 658 662
Treasury Stock		 -284 -297 -297 0.00 -298 -297 -298 -298 -298
Noncontrolling Interest		 0.10 0.10 0.10 0.00 0.10 0.10 0.10 0.10 0.10

Annual Metrics and Ratios for America's Car-Mart

This table displays calculated financial ratios and metrics derived from America's Car-Mart's official financial filings.

Metric 2022 2023 2024
Period end date 4/30/2022 4/30/2023 4/30/2024
Growth Metrics		 - - -
Revenue Growth		 30.87% 17.63% -0.47%
EBITDA Growth		 -5.40% -45.67% -50.48%
EBIT Growth		 -6.05% -52.00% -60.67%
NOPAT Growth		 -6.02% -50.92% -65.24%
Net Income Growth		 -9.36% -78.50% -253.65%
EPS Growth		 -7.51% -77.66% -258.20%
Operating Cash Flow Growth		 -121.47% -13.89% 45.55%
Free Cash Flow Firm Growth		 -477.11% 116.60% -144.26%
Invested Capital Growth		 38.91% 3.12% 3.11%
Revenue Q/Q Growth		 6.08% 3.40% 0.00%
EBITDA Q/Q Growth		 -11.97% -22.89% 0.00%
EBIT Q/Q Growth		 -12.55% -27.04% 0.00%
NOPAT Q/Q Growth		 -12.94% -25.69% 0.00%
Net Income Q/Q Growth		 -14.95% -55.41% 0.00%
EPS Q/Q Growth		 -13.65% -54.93% 0.00%
Operating Cash Flow Q/Q Growth		 -1.84% 3.37% 1.40%
Free Cash Flow Firm Q/Q Growth		 -6.75% -97.22% 0.00%
Invested Capital Q/Q Growth		 6.51% 1,892.45% 0.00%
Profitability Metrics		 - - -
Gross Margin		 44.68% 42.82% 45.58%
EBITDA Margin		 11.62% 5.37% 2.67%
Operating Margin		 11.22% 4.58% 1.81%
EBIT Margin		 11.22% 4.58% 1.81%
Profit (Net Income) Margin		 7.98% 1.46% -2.25%
Tax Burden Percent		 77.48% 79.21% 78.22%
Interest Burden Percent		 91.82% 40.24% -159.18%
Effective Tax Rate		 22.52% 20.79% 0.00%
Return on Invested Capital (ROIC)		 13.75% 5.71% 1.93%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.03% -1.86% -9.45%
Return on Net Nonoperating Assets (RNNOA)		 7.75% -1.53% -8.40%
Return on Equity (ROE)		 21.50% 4.19% -6.47%
Cash Return on Invested Capital (CROIC)		 -18.82% 2.64% -1.14%
Operating Return on Assets (OROA)		 13.51% 4.99% 1.74%
Return on Assets (ROA)		 9.61% 1.59% -2.17%
Return on Common Equity (ROCE)		 21.48% 4.18% -6.47%
Return on Equity Simple (ROE_SIMPLE)		 19.94% 4.10% -6.67%
Net Operating Profit after Tax (NOPAT)		 103 51 18
NOPAT Margin		 8.69% 3.63% 1.27%
Net Nonoperating Expense Percent (NNEP)		 2.72% 7.57% 11.37%
Cost of Revenue to Revenue		 55.32% 57.18% 54.42%
SG&A Expenses to Revenue		 13.11% 12.62% 12.87%
R&D to Revenue		 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 33.46% 38.24% 43.77%
Earnings before Interest and Taxes (EBIT)		 134 64 25
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 138 75 37
Valuation Ratios		 - - -
Price to Book Value (P/BV)		 1.09 1.03 0.78
Price to Tangible Book Value (P/TBV)		 1.11 1.05 0.80
Price to Revenue (P/Rev)		 0.44 0.37 0.26
Price to Earnings (P/E)		 5.48 25.11 0.00
Dividend Yield		 0.00% 0.00% 0.00%
Earnings Yield		 18.24% 3.98% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.05 1.02 0.89
Enterprise Value to Revenue (EV/Rev)		 0.77 0.65 0.59
Enterprise Value to EBITDA (EV/EBITDA)		 6.64 12.18 22.18
Enterprise Value to EBIT (EV/EBIT)		 6.88 14.29 32.74
Enterprise Value to NOPAT (EV/NOPAT)		 8.88 18.04 46.78
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 38.97 0.00
Leverage & Solvency		 - - -
Debt to Equity		 0.92 0.94 1.18
Long-Term Debt to Equity		 0.92 0.94 1.18
Financial Leverage		 0.70 0.82 0.89
Leverage Ratio		 2.24 2.63 2.98
Compound Leverage Factor		 2.05 1.06 -4.75
Debt to Total Capital		 48.02% 48.58% 54.02%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 48.02% 48.58% 54.02%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.05% 0.05% 0.05%
Common Equity to Total Capital		 51.92% 51.37% 45.93%
Debt to EBITDA		 3.18 6.27 14.87
Net Debt to EBITDA		 2.88 5.37 12.34
Long-Term Debt to EBITDA		 3.18 6.27 14.87
Debt to NOPAT		 4.26 9.28 31.37
Net Debt to NOPAT		 3.85 7.94 26.02
Long-Term Debt to NOPAT		 4.26 9.28 31.37
Altman Z-Score		 2.81 2.29 2.00
Noncontrolling Interest Sharing Ratio		 0.11% 0.10% 0.10%
Liquidity Ratios		 - - -
Current Ratio		 3.38 3.97 4.94
Quick Ratio		 0.22 0.29 0.25
Cash Flow Metrics		 - - -
Free Cash Flow to Firm (FCFF)		 -142 24 -10
Operating Cash Flow to CapEx		 -755.44% -616.33% -1,267.55%
Free Cash Flow to Firm to Interest Expense		 -12.97 0.61 -0.16
Operating Cash Flow to Interest Expense		 -10.91 -3.54 -1.13
Operating Cash Flow Less CapEx to Interest Expense		 -12.36 -4.12 -1.22
Efficiency Ratios		 - - -
Asset Turnover		 1.20 1.09 0.96
Accounts Receivable Turnover		 287.12 253.68 214.08
Inventory Turnover		 6.67 7.13 7.00
Fixed Asset Turnover		 29.71 26.15 22.84
Accounts Payable Turnover		 34.43 33.90 31.23
Days Sales Outstanding (DSO)		 1.27 1.44 1.70
Days Inventory Outstanding (DIO)		 54.74 51.18 52.15
Days Payable Outstanding (DPO)		 10.60 10.77 11.69
Cash Conversion Cycle (CCC)		 45.41 41.86 42.17
Capital & Investment Metrics		 - - -
Invested Capital		 875 902 930
Invested Capital Turnover		 1.58 1.58 1.52
Increase / (Decrease) in Invested Capital		 245 27 28
Enterprise Value (EV)		 919 916 826
Market Capitalization		 521 512 366
Book Value per Share		 $73.98 $78.25 $73.63
Tangible Book Value per Share		 $72.65 $76.41 $71.37
Total Capital		 918 970 1,025
Total Debt		 441 471 554
Total Long-Term Debt		 441 471 554
Net Debt		 398 403 459
Capital Expenditures (CapEx)		 16 22 5.83
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 83 96 99
Debt-free Net Working Capital (DFNWC)		 125 164 194
Net Working Capital (NWC)		 125 164 194
Net Nonoperating Expense (NNE)		 8.46 30 49
Net Nonoperating Obligations (NNO)		 398 403 459
Total Depreciation and Amortization (D&A)		 4.81 11 12
Debt-free, Cash-free Net Working Capital to Revenue		 6.96% 6.83% 7.13%
Debt-free Net Working Capital to Revenue		 10.54% 11.68% 13.91%
Net Working Capital to Revenue		 10.54% 11.68% 13.91%
Earnings Adjustments		 - - -
Adjusted Basic Earnings per Share		 $14.33 $3.20 ($4.92)
Adjusted Weighted Average Basic Shares Outstanding		 6.51M 6.37M 6.39M
Adjusted Diluted Earnings per Share		 $13.67 $3.11 ($4.92)
Adjusted Weighted Average Diluted Shares Outstanding		 6.82M 6.57M 6.39M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.37M 6.37M 6.40M
Normalized Net Operating Profit after Tax (NOPAT)		 104 51 18
Normalized NOPAT Margin		 8.70% 3.65% 1.29%
Pre Tax Income Margin		 10.30% 1.84% -2.88%
Debt Service Ratios		 - - -
EBIT to Interest Expense		 12.23 1.67 0.39
NOPAT to Interest Expense		 9.48 1.33 0.27
EBIT Less CapEx to Interest Expense		 10.79 1.10 0.30
NOPAT Less CapEx to Interest Expense		 8.03 0.75 0.18
Payout Ratios		 - - -
Dividend Payout Ratio		 0.04% 0.20% -0.13%
Augmented Payout Ratio		 36.56% 25.63% -1.29%

Quarterly Metrics and Ratios for America's Car-Mart

This table displays calculated financial ratios and metrics derived from America's Car-Mart's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q2 2025 Q3 2025
Period end date 1/31/2022 4/30/2022 7/31/2023 10/31/2022 1/31/2023 4/30/2023 7/31/2024 10/31/2023 1/31/2024 10/31/2024 1/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 25.86% 25.26% 30.84% 23.65% 13.24% 13.61% -5.19% 2.26% -7.91% -3.48% 8.72%
EBITDA Growth		 3.25% -31.82% -35.38% -55.48% -52.65% -55.37% -9.77% -205.91% -153.35% 269.39% 203.65%
EBIT Growth		 2.82% -33.02% -42.22% -62.08% -59.17% -61.14% -12.13% -253.20% -189.74% 232.35% 142.45%
NOPAT Growth		 0.80% -33.72% -41.07% -62.17% -53.77% -53.62% -23.30% -238.64% -173.28% 235.48% 143.68%
Net Income Growth		 -3.73% -37.79% -83.23% -86.60% -92.12% -92.40% -123.03% -974.90% -666.45% 118.57% 137.02%
EPS Growth		 -1.05% -34.81% -82.35% -85.92% -91.84% -91.99% -123.81% -995.83% -682.61% 114.19% 127.61%
Operating Cash Flow Growth		 -236.42% -15.01% -44.61% 9.93% 11.90% 28.68% 67.02% -76.10% 144.95% 0.00% -337.51%
Free Cash Flow Firm Growth		 -554.56% -141.19% -138.17% -21.13% 441.58% 93.82% 139.66% 75.77% -229.94% 80.85% 91.04%
Invested Capital Growth		 44.12% 38.91% 62.53% 32.58% -94.49% 3.12% -13.64% 4.40% 2,239.64% 2.76% 8.94%
Revenue Q/Q Growth		 0.97% 17.78% 8.40% 3.84% -7.53% 18.16% -9.53% 3.46% -16.72% 0.00% -6.20%
EBITDA Q/Q Growth		 -13.35% 37.14% -44.23% -46.17% -7.84% 29.26% 12.76% -178.85% 53.58% 0.00% -71.60%
EBIT Q/Q Growth		 -13.73% 37.70% -49.85% -50.50% -7.12% 31.07% 13.40% -210.98% 45.59% 0.00% -82.55%
NOPAT Q/Q Growth		 -15.78% 41.26% -48.21% -50.46% 2.93% 41.69% -14.35% -210.98% 45.59% 0.00% -82.46%
Net Income Q/Q Growth		 -18.29% 43.58% -84.77% -77.08% -51.96% 38.46% -146.17% -2,748.86% 68.90% 0.00% -37.99%
EPS Q/Q Growth		 -17.30% 46.10% -84.71% -76.81% -52.08% 43.48% -145.45% -2,766.67% 68.84% 0.00% -39.34%
Operating Cash Flow Q/Q Growth		 15.14% 49.55% -175.03% 42.50% 17.00% 59.16% -27.18% -308.48% 121.19% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 -17.16% 6.62% -93.89% 42.38% 430.37% -101.69% 1,344.49% -134.90% -1,671.39% 0.00% -728.93%
Invested Capital Q/Q Growth		 8.12% 6.51% 28.42% -10.35% -95.50% 1,892.45% 7.55% 8.38% 0.74% 0.00% 6.79%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 45.27% 59.42% 44.75% 41.41% 44.11% 42.85% 46.35% 45.31% 47.18% 50.12% 48.00%
EBITDA Margin		 10.23% 11.91% 6.13% 4.29% 4.28% 4.68% 5.83% -4.44% -2.48% 7.80% 2.36%
Operating Margin		 9.83% 11.49% 5.31% 3.53% 3.54% 3.93% 4.93% -5.28% -3.45% 7.24% 1.35%
EBIT Margin		 9.83% 11.49% 5.31% 3.53% 3.54% 3.93% 4.93% -5.28% -3.45% 7.24% 1.35%
Profit (Net Income) Margin		 6.66% 8.12% 1.14% 0.89% 0.46% 0.54% -0.28% -7.63% -2.85% 1.47% 0.97%
Tax Burden Percent		 75.70% 77.66% 80.19% 77.35% 85.73% 92.68% 81.49% 77.16% 82.60% 71.66% 72.03%
Interest Burden Percent		 89.57% 91.05% 26.78% 32.70% 15.26% 14.92% -6.91% 187.23% 100.00% 28.29% 100.00%
Effective Tax Rate		 24.30% 22.34% 19.81% 22.65% 14.27% 7.32% 0.00% 0.00% 0.00% 28.34% 27.97%
Return on Invested Capital (ROIC)		 12.00% 14.11% 6.00% 4.06% 9.49% 5.74% 4.55% -4.99% -5.96% 0.00% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 11.23% 13.24% 3.42% 2.52% 30.58% 2.77% 2.23% -7.59% -7.82% 0.00% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 7.95% 9.31% 3.27% 2.27% -2.57% 2.27% 2.55% -8.53% -1.14% 0.00% 0.00%
Return on Equity (ROE)		 19.95% 23.42% 9.27% 6.33% 6.92% 8.01% 7.10% -13.52% -7.10% 0.00% 0.00%
Cash Return on Invested Capital (CROIC)		 -19.07% -18.82% -37.48% -18.91% 194.87% 2.64% 19.28% -2.25% -182.53% 0.00% 0.00%
Operating Return on Assets (OROA)		 12.34% 13.84% 5.64% 4.07% 8.53% 4.28% 4.48% -5.26% -6.08% 0.00% 0.00%
Return on Assets (ROA)		 8.37% 9.78% 1.21% 1.03% 1.12% 0.59% -0.25% -7.59% -5.02% 0.00% 0.00%
Return on Common Equity (ROCE)		 19.92% 23.39% 9.26% 6.32% 3.30% 8.00% 7.09% -13.50% -3.45% 0.00% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 24.80% 0.00% 14.71% 12.89% 0.00% 0.00% 3.24% -3.22% -5.41% 0.00% 0.00%
Net Operating Profit after Tax (NOPAT)		 21 30 16 9.60 9.88 14 12 -13 -7.24 18 3.16
NOPAT Margin		 7.44% 8.92% 4.26% 2.73% 3.04% 3.64% 3.45% -3.70% -2.42% 5.19% 0.97%
Net Nonoperating Expense Percent (NNEP)		 0.77% 0.87% 2.58% 1.54% -21.09% 2.97% 2.32% 2.60% 1.86% 2.35% 0.00%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - - -0.63% - 0.25%
Cost of Revenue to Revenue		 54.73% 40.58% 55.25% 58.59% 55.89% 57.15% 53.65% 54.69% 52.82% 49.88% 52.00%
SG&A Expenses to Revenue		 13.64% 12.11% 12.67% 12.20% 13.75% 11.92% 13.43% 12.47% 14.54% 13.65% 14.26%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 35.44% 47.93% 39.44% 37.88% 40.57% 38.92% 41.43% 50.59% 50.63% 42.88% 46.65%
Earnings before Interest and Taxes (EBIT)		 28 39 19 12 12 15 17 -19 -10 25 4.39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 29 40 22 15 14 18 20 -16 -7.42 27 7.69
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.37 1.09 1.50 0.88 0.00 1.03 0.94 0.90 0.83 0.45 0.72
Price to Tangible Book Value (P/TBV)		 1.40 1.11 1.54 0.90 0.00 1.05 0.99 0.92 0.86 0.47 0.75
Price to Revenue (P/Rev)		 0.55 0.44 0.59 0.33 0.41 0.37 0.32 0.31 0.29 0.00 0.00
Price to Earnings (P/E)		 5.53 5.48 10.23 6.86 11.98 25.11 29.06 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 18.07% 18.24% 9.78% 14.57% 8.35% 3.98% 3.44% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)		 1.20 1.05 1.23 0.94 25.72 1.02 0.97 0.95 0.92 0.72 0.86
Enterprise Value to Revenue (EV/Rev)		 0.88 0.77 1.08 0.72 0.86 0.65 0.68 0.72 0.72 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 6.29 6.64 10.94 8.41 11.95 12.18 12.91 24.01 47.97 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 6.48 6.88 11.56 9.09 13.25 14.29 15.26 33.07 115.85 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 8.32 8.88 14.96 11.81 17.05 18.04 19.37 47.24 165.50 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 1.38 38.97 4.67 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.83 0.92 1.41 1.12 1.24 0.94 1.27 1.21 1.46 1.18 1.29
Long-Term Debt to Equity		 0.83 0.92 1.41 1.12 1.24 0.94 1.27 1.21 1.46 1.18 1.29
Financial Leverage		 0.71 0.70 0.96 0.90 -0.08 0.82 1.14 1.12 0.15 1.07 1.15
Leverage Ratio		 2.19 2.24 2.59 2.45 1.19 2.63 3.11 2.88 1.60 2.97 2.99
Compound Leverage Factor		 1.96 2.04 0.69 0.80 0.18 0.39 -0.21 5.39 1.60 0.84 2.99
Debt to Total Capital		 45.28% 48.02% 58.49% 52.83% 55.44% 48.58% 55.89% 54.83% 59.33% 54.23% 56.40%
Short-Term Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital		 45.28% 48.02% 58.49% 52.83% 55.44% 48.58% 55.89% 54.83% 59.33% 54.23% 56.40%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.06% 0.05% 0.04% 0.05% 0.00% 0.05% 0.05% 0.05% 0.04% 0.04% 0.04%
Common Equity to Total Capital		 54.66% 51.92% 41.47% 47.13% 0.00% 51.37% 44.06% 45.12% 40.63% 45.73% 43.56%
Debt to EBITDA		 2.37 3.18 5.65 4.88 6.32 6.27 8.19 13.87 33.52 0.00 0.00
Net Debt to EBITDA		 2.36 2.88 4.92 4.56 6.32 5.37 6.84 13.76 28.89 0.00 0.00
Long-Term Debt to EBITDA		 2.37 3.18 5.65 4.88 6.32 6.27 8.19 13.87 33.52 0.00 0.00
Debt to NOPAT		 3.14 4.26 7.72 6.86 9.02 9.28 12.28 27.28 115.65 0.00 0.00
Net Debt to NOPAT		 3.12 3.85 6.72 6.39 9.02 7.94 10.25 27.08 99.67 0.00 0.00
Long-Term Debt to NOPAT		 3.14 4.26 7.72 6.86 9.02 9.28 12.28 27.28 115.65 0.00 0.00
Altman Z-Score		 2.73 2.54 2.13 3.12 0.00 2.18 1.93 2.75 1.92 0.00 0.00
Noncontrolling Interest Sharing Ratio		 0.12% 0.11% 0.11% 0.11% 52.39% 0.10% 0.10% 0.10% 51.39% 0.00% 0.00%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 2.63 3.38 3.91 20.20 0.00 3.97 3.74 24.99 4.60 4.25 4.59
Quick Ratio		 0.13 0.22 0.21 17.16 0.00 0.29 0.18 22.07 0.22 0.22 0.23
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -230 -215 -417 -238 786 -13 165 -58 -1,021 -11 -92
Operating Cash Flow to CapEx		 -464.97% -871.08% -5,341.06% -487.77% -590.92% -379.25% -1,518.46% -10,159.14% 442.86% 0.00% -4,098.00%
Free Cash Flow to Firm to Interest Expense		 -78.17 -61.75 -29.19 -28.50 80.50 -1.03 9.02 -3.48 0.00 -0.61 0.00
Operating Cash Flow to Interest Expense		 -11.11 -4.74 -3.18 -4.16 -2.95 -0.92 -0.82 -3.69 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 -13.50 -5.29 -3.24 -5.01 -3.45 -1.16 -0.87 -3.72 0.00 0.00 0.00
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.26 1.20 1.06 1.15 2.41 1.09 0.91 0.99 1.76 0.00 0.00
Accounts Receivable Turnover		 0.00 287.12 0.00 1.51 0.00 253.68 193.69 1.32 0.00 0.00 0.00
Inventory Turnover		 5.77 6.67 6.11 5.80 0.00 7.13 6.77 6.35 0.00 0.00 0.00
Fixed Asset Turnover		 28.23 29.71 26.56 25.12 23.60 26.15 22.94 22.25 20.98 0.00 0.00
Accounts Payable Turnover		 26.24 34.43 24.86 29.84 0.00 33.90 23.26 32.88 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 0.00 1.27 0.00 241.92 0.00 1.44 1.88 276.50 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 63.30 54.74 59.74 62.94 0.00 51.18 53.89 57.47 0.00 0.00 0.00
Days Payable Outstanding (DPO)		 13.91 10.60 14.68 12.23 0.00 10.77 15.69 11.10 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 49.39 45.41 45.06 292.63 0.00 41.86 40.09 322.86 0.00 0.00 0.00
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 821 875 1,124 1,007 45 902 970 1,052 1,060 1,081 1,154
Invested Capital Turnover		 1.61 1.58 1.41 1.49 3.13 1.58 1.32 1.35 2.47 0.00 0.00
Increase / (Decrease) in Invested Capital		 252 245 432 248 -776 27 -153 44 1,014 29 95
Enterprise Value (EV)		 989 919 1,379 950 1,165 916 942 1,003 980 777 998
Market Capitalization		 618 521 759 435 549 512 443 427 389 250 402
Book Value per Share		 $69.20 $73.98 $79.20 $77.30 $0.00 $78.25 $73.64 $74.66 $73.35 $86.54 $67.59
Tangible Book Value per Share		 $67.88 $72.65 $77.36 $75.91 ($1.84) $76.41 $70.06 $72.84 $71.08 $82.96 $64.83
Total Capital		 824 918 1,217 1,044 1,111 970 1,069 1,056 1,154 1,210 1,281
Total Debt		 373 441 712 552 616 471 597 579 685 656 722
Total Long-Term Debt		 373 441 712 552 616 471 597 579 685 656 722
Net Debt		 371 398 620 515 616 403 499 575 590 527 596
Capital Expenditures (CapEx)		 7.04 1.90 0.85 7.12 4.88 3.10 0.99 0.60 2.93 0.00 0.75
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 81 83 89 1,078 -36 96 88 1,210 95 96 120
Debt-free Net Working Capital (DFNWC)		 84 125 181 1,115 -36 164 187 1,214 190 225 247
Net Working Capital (NWC)		 84 125 181 1,115 -36 164 187 1,214 190 225 247
Net Nonoperating Expense (NNE)		 2.23 2.70 11 6.46 8.37 12 13 14 1.30 13 0.00
Net Nonoperating Obligations (NNO)		 371 398 619 515 -450 403 499 575 590 527 596
Total Depreciation and Amortization (D&A)		 1.16 1.43 2.98 2.69 2.39 2.88 3.15 3.02 2.92 1.93 3.30
Debt-free, Cash-free Net Working Capital to Revenue		 7.25% 6.96% 6.98% 81.92% -2.62% 6.83% 6.37% 87.07% 7.00% 0.00% 0.00%
Debt-free Net Working Capital to Revenue		 7.48% 10.54% 14.20% 84.74% -2.62% 11.68% 13.51% 87.38% 13.94% 0.00% 0.00%
Net Working Capital to Revenue		 7.48% 10.54% 14.20% 84.74% -2.62% 11.68% 13.51% 87.38% 13.94% 0.00% 0.00%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $2.89 $4.27 $0.00 $0.49 $0.24 $0.32 ($0.15) ($4.30) ($1.34) $0.62 $0.38
Adjusted Weighted Average Basic Shares Outstanding		 6.49M 6.51M 0.00 6.37M 6.37M 6.37M 6.40M 6.39M 6.39M 8.15M 8.26M
Adjusted Diluted Earnings per Share		 $2.77 $4.12 $0.00 $0.48 $0.23 $0.33 ($0.15) ($4.30) ($1.34) $0.61 $0.37
Adjusted Weighted Average Diluted Shares Outstanding		 6.78M 6.82M 0.00 6.55M 6.54M 6.57M 6.40M 6.39M 6.39M 8.29M 8.41M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 6.44M 6.37M 0.00 6.37M 6.37M 6.37M 6.40M 6.39M 6.39M 8.25M 8.26M
Normalized Net Operating Profit after Tax (NOPAT)		 21 30 16 9.79 9.94 14 12 -13 -7.16 18 3.19
Normalized NOPAT Margin		 7.45% 8.93% 4.30% 2.78% 3.05% 3.65% 3.46% -3.68% -2.39% 5.20% 0.98%
Pre Tax Income Margin		 8.80% 10.46% 1.42% 1.15% 0.54% 0.59% -0.34% -9.89% -3.45% 2.05% 1.35%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 9.59 11.17 1.37 1.49 1.18 1.18 0.94 -1.15 0.00 1.39 0.00
NOPAT to Interest Expense		 7.26 8.67 1.10 1.15 1.01 1.09 0.65 -0.80 0.00 1.00 0.00
EBIT Less CapEx to Interest Expense		 7.20 10.62 1.31 0.63 0.68 0.93 0.88 -1.18 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense		 4.87 8.13 1.04 0.30 0.51 0.85 0.60 -0.84 0.00 0.00 0.00
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.04% 0.04% 0.05% 0.06% 0.09% 0.20% 0.26% -0.26% -0.16% 0.00% 0.00%
Augmented Payout Ratio		 24.47% 36.56% 31.24% 31.47% 29.31% 25.63% 33.97% -0.71% -1.48% 0.00% 0.00%

Frequently Asked Questions About America's Car-Mart's Financials

When does America's Car-Mart's financial year end?

According to the most recent income statement we have on file, America's Car-Mart's fiscal year ends in April. Their fiscal year 2024 ended on April 30, 2024.

How has America's Car-Mart's net income changed over the last 2 years?

America's Car-Mart's net income appears to be on a downward trend, with a most recent value of -$31.39 million in 2024, falling from $95.01 million in 2022. The previous period was $20.43 million in 2023. Find out what analysts predict for America's Car-Mart in the coming months.

What is America's Car-Mart's operating income?
America's Car-Mart's total operating income in 2024 was $25.21 million, based on the following breakdown:
  • Total Gross Profit: $635.35 million
  • Total Operating Expenses: $610.14 million
How has America's Car-Mart revenue changed over the last 2 years?

Over the last 2 years, America's Car-Mart's total revenue changed from $1.19 billion in 2022 to $1.39 billion in 2024, a change of 17.1%.

How much debt does America's Car-Mart have?

America's Car-Mart's total liabilities were at $1.01 billion at the end of 2024, a 9.9% increase from 2023, and a 48.5% increase since 2022.

How much cash does America's Car-Mart have?

In the past 2 years, America's Car-Mart's cash and equivalents has ranged from $5.52 million in 2024 to $9.80 million in 2023, and is currently $5.52 million as of their latest financial filing in 2024.

How has America's Car-Mart's book value per share changed over the last 2 years?

Over the last 2 years, America's Car-Mart's book value per share changed from 73.98 in 2022 to 73.63 in 2024, a change of -0.5%.


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This page (NASDAQ:CRMT) was last updated on 5/6/2025 by MarketBeat.com Staff
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