CarMax, Inc.
KMX Consumer Cyclical Auto & Truck Dealerships
CarMax, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $25.9 billion, down 1.79% from fiscal 2025.
- Revenue
- +19.5%
- EPS
- +81.3%
- Free cash flow
- +23.2%
- Total debt
- −6.82%
Quarter to August 2026, against a year earlier
Follow KMX
Alert me
CarMax, Inc. (KMX) Debt to equity
CarMax, Inc.'s debt to equity at the end of the quarter to 31 August 2026 was 2.7×, down 0.3× from fiscal 2026 (3.0×). Over the past ten years it has ranged from 2.8× (fiscal 2015) to 4.2× (fiscal 2020); the current reading is higher than 23% of that period. That is above the Auto & Truck Dealerships industry median of 0.6× and above the Consumer Cyclical sector median of 0.2×.
Debt to equity, annual
Embed this chart
Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2026 | 3.0× | 2.07% |
| FY2025 | 2.9× | (3.34%) |
| FY2024 | 3.0× | (5.59%) |
| FY2023 | 3.2× | (8.26%) |
| FY2022 | 3.5× | 3.63% |
| FY2021 | 3.4× | (15.52%) |
| FY2020 | 4.0× | (6.15%) |
| FY2020 | 4.2× | 2.94% |
| FY2019 | 4.1× | 3.83% |
| FY2018 | 4.0× | 1.03% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Aug 2026 | 2.7× | (7.23%) |
| May 2026 | 2.9× | (3.20%) |
| Feb 2026 | 3.0× | 7.12% |
| Nov 2025 | 2.8× | (4.73%) |
| 43 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| RUSHA Rush Enterprises, Inc. compare | 0.1× |
| RUSHB Rush Enterprises, Inc. compare | 0.2× |
| OPLN OPENLANE, Inc. compare | 0.3× |
| PAG Penske Automotive Group, Inc. compare | 0.4× |
| ABG Asbury Automotive Group, Inc. compare | 0.8× |
| LAD Lithia Motors, Inc. compare | 1.5× |
| KMX CarMax, Inc. | 2.7× |
| AN AutoNation, Inc. compare | 3.0× |
| VVV Valvoline compare | 3.8× |
| Auto & Truck Dealerships industry median | 0.6× |
| Consumer Cyclical sector median | 0.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on KMX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement