Carmax KMX
NYSE KMX
$57.18 -1.19 (-2.04%)
At close: Sep 18, 2026 · 4:00 PM EDT

Carmax (KMX) Asset Utilization Ratio (2010 - 2026)

Carmax (KMX) posted Asset Utilization Ratio of 0.99 for Q2 2026, little changed on a QoQ basis from 1.0 in Q1 2026, and up 1.7% year-over-year from 0.98 in Q2 2025.

Analysis

Carmax (KMX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Carmax has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.99 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 1.7% year-over-year to 0.99 in Q2 2026; TTM through May 2026 was 0.99, a 1.7% increase from a year earlier, with the FY2026 full-year figure at 0.96, changed 0.28% from the prior year.
  • Asset Utilization Ratio was 0.99 for Q2 2026 at Carmax, roughly flat from 1.0 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.28 in Q3 2022, with the low at 0.95 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 1.05, with a median of 0.99 recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio soared 37.73% in 2022, then dropped 21.99% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 1.21 in 2022, then declined by 19.04% to 0.98 in 2023, then fell by 2.67% to 0.95 in 2024, then climbed by 3.55% to 0.99 in 2025, then increased by 0.9% to 0.99 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.99 (Q2 2026), 1.0 (Q1 2026), and 0.99 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Carvana 71.60 Bn 69.97 Bn 1.38 Bn 1.77
2 Penske Automotive 13.96 Bn 13.91 Bn 1.36 Bn 1.75
3 Carmax 8.11 Bn 7.52 Bn 854.41 Mn 0.99
4 Lithia Motors 6.96 Bn 6.62 Bn 1.50 Bn 1.46
5 Autonation 5.57 Bn 5.51 Bn 1.23 Bn 1.82
6 Sonic Automotive 5.24 Bn 5.22 Bn 616.20 Mn 2.47
7 Uxin 5.15 Bn 5.21 Bn 10.88 Mn 1.63
8 Asbury Automotive 3.29 Bn 3.25 Bn 753.10 Mn 1.58
9 Group 1 Automotive 2.94 Bn 2.77 Bn 860.60 Mn 2.18
10 Marinemax 1.16 Bn 996.41 Mn 218.08 Mn 0.92
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 0.99
Feb 28, 2026 1.00
Nov 30, 2025 0.99
Aug 31, 2025 0.97
May 31, 2025 0.98
Feb 28, 2025 0.96
Nov 30, 2024 0.95
Aug 31, 2024 0.95
May 31, 2024 0.95
Feb 29, 2024 0.98
Nov 30, 2023 0.98
Aug 31, 2023 0.99
May 31, 2023 1.06
Feb 28, 2023 1.14
Nov 30, 2022 1.21
Aug 31, 2022 1.28
May 31, 2022 1.27
Feb 28, 2022 1.23
Nov 30, 2021 1.17
Aug 31, 2021 1.10