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) Return on invested capital

Alert me on Return on invested capital

CarMax, Inc.'s return on invested capital over the twelve months to 31 August 2026 was 1.58%, up 0.2 percentage points from fiscal 2026 (1.38%). Over the past ten years it has ranged from 0.00% (fiscal 2020) to 5.34% (fiscal 2015); the current reading is higher than 15% of that period. That is below the Auto & Truck Dealerships industry median of 6.38% and below the Consumer Cyclical sector median of 3.42%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2026 1.38% (0.71)
FY2025 2.09% 0.06
FY2024 2.03% (0.03)
FY2023 2.06% (2.20)
FY2022 4.26% 0.71
FY2021 3.55% (0.71)
FY2020 4.26% 4.26
FY2020 0.00% (4.46)
FY2019 4.46% 0.03
FY2018 4.43% (0.04)

Against its own ten years

Low 0.00% High 5.34%
Ten-year median 4.26%
Current reading's percentile 15

Return on invested capital against peers

Company Return on invested capital
VVV Valvoline compare 9.72%
RUSHB Rush Enterprises, Inc. compare 9.44%
RUSHA Rush Enterprises, Inc. compare 9.32%
PAG Penske Automotive Group, Inc. compare 9.11%
AN AutoNation, Inc. compare 8.69%
OPLN OPENLANE, Inc. compare 8.68%
ABG Asbury Automotive Group, Inc. compare 6.38%
LAD Lithia Motors, Inc. compare 6.05%
KMX CarMax, Inc. 1.58%
Auto & Truck Dealerships industry median 6.38%
Consumer Cyclical sector median 3.42%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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