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) Net margin

Alert me on Net margin

CarMax, Inc.'s net margin over the twelve months to 31 August 2026 was 1.06%, up 0.1 percentage points from fiscal 2026 (0.96%). Over the past ten years it has ranged from 0.96% (fiscal 2026) to 4.64% (fiscal 2019) — the current reading is the lowest in ten years. That is below the Auto & Truck Dealerships industry median of 1.20% and below the Consumer Cyclical sector median of 2.12%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 0.96% (0.94)
FY2025 1.90% 0.09
FY2024 1.81% 0.18
FY2023 1.63% (1.98)
FY2022 3.61% (0.33)
FY2021 3.94% (0.43)
FY2020 4.37% 0.00
FY2020 4.37% (0.27)
FY2019 4.64% 0.76
FY2018 3.88% (0.07)

Quarterly newest first

Period Net margin Change (points)
Aug 2026 2.10% (0.22)
May 2026 2.32% 4.35
Feb 2026 −2.03% (3.10)
Nov 2025 1.07% (0.38)
43 more quarters

Against its own ten years

Low 0.96% High 4.64%
Ten-year median 3.94%
Current reading's percentile 7

Net margin against peers

Company Net margin
VVV Valvoline compare 5.17%
RUSHA Rush Enterprises, Inc. compare 3.70%
RUSHB Rush Enterprises, Inc. compare 3.67%
PAG Penske Automotive Group, Inc. compare 2.77%
ABG Asbury Automotive Group, Inc. compare 2.66%
AN AutoNation, Inc. compare 2.63%
LAD Lithia Motors, Inc. compare 2.06%
KMX CarMax, Inc. 1.06%
OPLN OPENLANE, Inc. compare −2.19%
Auto & Truck Dealerships industry median 1.20%
Consumer Cyclical sector median 2.12%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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