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

52.81 2.33 −4.23%
Market cap
$7.5B
P/E
25.8×
Fwd P/E
17.2×
Dividend yield
—
F-score
5/9
Altman Z
1.58
Beneish M
−2.73
Dividend safety
n/a

CarMax, Inc. (KMX) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, CarMax, Inc. (KMX) trades at a EV/EBITDA of 21.8×. Over the past ten years it has ranged from 14.9× (March 2020) to 33.5× (August 2024); the current reading is higher than 61% of that period. That is above the Auto & Truck Dealerships industry median of 8.6× and above the Consumer Cyclical sector median of 9.8×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2026 23.2× (16.86%)
FY2025 27.9× (4.48%)
FY2024 29.2× 5.43%
FY2023 27.7× 43.27%
FY2022 19.3× (26.49%)
FY2021 26.3× 30.96%
FY2020 20.1× 0.09%
FY2020 20.1× 14.02%
FY2019 17.6× (2.21%)
FY2018 18.0× (6.40%)

Quarterly newest first

Period EV/EBITDA Change
Aug 2026 23.0× (3.02%)
May 2026 23.7× 2.06%
Feb 2026 23.2× 13.35%
Nov 2025 20.5× (10.54%)
43 more quarters

Against its own ten years

Low 14.9× High 33.5×
Ten-year median 20.5×
Current reading's percentile 61

EV/EBITDA against peers

Company EV/EBITDA
ABG Asbury Automotive Group, Inc. compare 7.7×
LAD Lithia Motors, Inc. compare 8.1×
AN AutoNation, Inc. compare 8.5×
RUSHA Rush Enterprises, Inc. compare 8.6×
OPLN OPENLANE, Inc. compare 10.5×
RUSHB Rush Enterprises, Inc. compare 11.1×
PAG Penske Automotive Group, Inc. compare 11.7×
VVV Valvoline compare 13.7×
KMX CarMax, Inc. 21.8×
Auto & Truck Dealerships industry median 8.6×
Consumer Cyclical sector median 9.8×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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