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Side-by-side financial comparison of IMPERIAL OIL LTD (IMO) and CarMax (KMX). Click either name above to swap in a different company.
IMPERIAL OIL LTD is the larger business by last-quarter revenue ($8.2B vs $5.8B, roughly 1.4× CarMax). IMPERIAL OIL LTD runs the higher net margin — 4.4% vs 1.1%, a 3.3% gap on every dollar of revenue. On growth, CarMax posted the faster year-over-year revenue change (-6.9% vs -10.5%). CarMax produced more free cash flow last quarter ($1.1B vs $938.8M). Over the past eight quarters, CarMax's revenue compounded faster (1.5% CAGR vs -4.2%).
Imperial Oil Limited is a Canadian petroleum company. It is Canada's second-largest integrated oil company that is also occasionally known as Imperial Esso. It is majority-owned by American oil company ExxonMobil, with a 69.6% ownership stake in the company. It is a producer of crude oil, diluted bitumen, and natural gas. Imperial Oil is one of Canada's major petroleum refiners and petrochemical producers. It supplies Esso-brand service stations.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations.
IMO vs KMX — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.2B | $5.8B |
| Net Profit | $359.2M | $62.2M |
| Gross Margin | — | 10.2% |
| Operating Margin | 5.6% | — |
| Net Margin | 4.4% | 1.1% |
| Revenue YoY | -10.5% | -6.9% |
| Net Profit YoY | -59.8% | -50.4% |
| EPS (diluted) | — | $0.43 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $8.2B | $5.8B | ||
| Q3 25 | $8.8B | $6.6B | ||
| Q2 25 | $8.2B | $7.5B | ||
| Q1 25 | $9.1B | $6.0B | ||
| Q4 24 | $9.2B | $6.2B | ||
| Q3 24 | $9.7B | $7.0B | ||
| Q2 24 | $9.8B | $7.1B | ||
| Q1 24 | $9.0B | $5.6B |
| Q4 25 | $359.2M | $62.2M | ||
| Q3 25 | $393.5M | $95.4M | ||
| Q2 25 | $692.8M | $210.4M | ||
| Q1 25 | $940.2M | $89.9M | ||
| Q4 24 | $894.3M | $125.4M | ||
| Q3 24 | $903.0M | $132.8M | ||
| Q2 24 | $827.1M | $152.4M | ||
| Q1 24 | $872.4M | $50.3M |
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | — | 11.8% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | — | 11.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | 5.6% | — | ||
| Q3 25 | 5.8% | — | ||
| Q2 25 | 11.1% | — | ||
| Q1 25 | 13.5% | 2.0% | ||
| Q4 24 | 12.5% | 2.7% | ||
| Q3 24 | 12.1% | 2.5% | ||
| Q2 24 | 11.1% | 2.9% | ||
| Q1 24 | 12.8% | 1.2% |
| Q4 25 | 4.4% | 1.1% | ||
| Q3 25 | 4.5% | 1.4% | ||
| Q2 25 | 8.4% | 2.8% | ||
| Q1 25 | 10.3% | 1.5% | ||
| Q4 24 | 9.7% | 2.0% | ||
| Q3 24 | 9.3% | 1.9% | ||
| Q2 24 | 8.5% | 2.1% | ||
| Q1 24 | 9.7% | 0.9% |
| Q4 25 | — | $0.43 | ||
| Q3 25 | — | $0.64 | ||
| Q2 25 | — | $1.38 | ||
| Q1 25 | — | $0.58 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | — | $0.85 | ||
| Q2 24 | — | $0.97 | ||
| Q1 24 | — | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $833.7M | $204.9M |
| Total DebtLower is stronger | $2.9B | $16.6B |
| Stockholders' EquityBook value | $16.2B | $6.1B |
| Total Assets | $30.9B | $25.6B |
| Debt / EquityLower = less leverage | 0.18× | 2.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $833.7M | $204.9M | ||
| Q3 25 | $1.4B | $540.4M | ||
| Q2 25 | $1.7B | $262.8M | ||
| Q1 25 | $1.3B | $247.0M | ||
| Q4 24 | $714.7M | $271.9M | ||
| Q3 24 | $1.1B | $524.7M | ||
| Q2 24 | $1.5B | $218.9M | ||
| Q1 24 | $858.5M | $574.1M |
| Q4 25 | $2.9B | $16.6B | ||
| Q3 25 | $2.9B | $17.8B | ||
| Q2 25 | $2.9B | $18.0B | ||
| Q1 25 | $2.9B | $18.1B | ||
| Q4 24 | $2.9B | $18.1B | ||
| Q3 24 | $2.9B | $18.1B | ||
| Q2 24 | $2.9B | $18.2B | ||
| Q1 24 | $2.9B | $18.0B |
| Q4 25 | $16.2B | $6.1B | ||
| Q3 25 | $17.3B | $6.2B | ||
| Q2 25 | $18.2B | $6.3B | ||
| Q1 25 | $17.8B | $6.2B | ||
| Q4 24 | $17.1B | $6.2B | ||
| Q3 24 | $17.3B | $6.2B | ||
| Q2 24 | $17.5B | $6.2B | ||
| Q1 24 | $16.9B | $6.1B |
| Q4 25 | $30.9B | $25.6B | ||
| Q3 25 | $31.4B | $27.1B | ||
| Q2 25 | $32.2B | $27.4B | ||
| Q1 25 | $32.0B | $27.4B | ||
| Q4 24 | $31.3B | $27.3B | ||
| Q3 24 | $31.0B | $27.3B | ||
| Q2 24 | $32.2B | $27.2B | ||
| Q1 24 | $31.0B | $27.2B |
| Q4 25 | 0.18× | 2.74× | ||
| Q3 25 | 0.17× | 2.87× | ||
| Q2 25 | 0.16× | 2.86× | ||
| Q1 25 | 0.16× | 2.91× | ||
| Q4 24 | 0.17× | 2.92× | ||
| Q3 24 | 0.17× | 2.93× | ||
| Q2 24 | 0.17× | 2.95× | ||
| Q1 24 | 0.17× | 2.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.4B | $1.3B |
| Free Cash FlowOCF − Capex | $938.8M | $1.1B |
| FCF MarginFCF / Revenue | 11.4% | 19.2% |
| Capex IntensityCapex / Revenue | 5.6% | 2.4% |
| Cash ConversionOCF / Net Profit | 3.90× | 20.14× |
| TTM Free Cash FlowTrailing 4 quarters | $3.4B | $1.9B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $1.3B | ||
| Q3 25 | $1.3B | $785.5M | ||
| Q2 25 | $1.1B | $299.5M | ||
| Q1 25 | $1.1B | $146.4M | ||
| Q4 24 | $1.3B | $-23.4M | ||
| Q3 24 | $1.1B | $619.1M | ||
| Q2 24 | $1.2B | $-117.7M | ||
| Q1 24 | $785.5M | $309.6M |
| Q4 25 | $938.8M | $1.1B | ||
| Q3 25 | $944.6M | $654.0M | ||
| Q2 25 | $725.6M | $162.8M | ||
| Q1 25 | $824.2M | $18.8M | ||
| Q4 24 | $997.2M | $-150.6M | ||
| Q3 24 | $730.7M | $509.9M | ||
| Q2 24 | $852.6M | $-221.6M | ||
| Q1 24 | $422.7M | $199.8M |
| Q4 25 | 11.4% | 19.2% | ||
| Q3 25 | 10.7% | 9.9% | ||
| Q2 25 | 8.8% | 2.2% | ||
| Q1 25 | 9.0% | 0.3% | ||
| Q4 24 | 10.8% | -2.4% | ||
| Q3 24 | 7.5% | 7.3% | ||
| Q2 24 | 8.7% | -3.1% | ||
| Q1 24 | 4.7% | 3.6% |
| Q4 25 | 5.6% | 2.4% | ||
| Q3 25 | 4.2% | 2.0% | ||
| Q2 25 | 4.2% | 1.8% | ||
| Q1 25 | 3.2% | 2.1% | ||
| Q4 24 | 3.4% | 2.0% | ||
| Q3 24 | 3.7% | 1.6% | ||
| Q2 24 | 3.4% | 1.5% | ||
| Q1 24 | 4.0% | 2.0% |
| Q4 25 | 3.90× | 20.14× | ||
| Q3 25 | 3.34× | 8.24× | ||
| Q2 25 | 1.54× | 1.42× | ||
| Q1 25 | 1.19× | 1.63× | ||
| Q4 24 | 1.46× | -0.19× | ||
| Q3 24 | 1.20× | 4.66× | ||
| Q2 24 | 1.44× | -0.77× | ||
| Q1 24 | 0.90× | 6.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IMO
Segment breakdown not available.
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
