Carmax (KMX) Asset Utilization Ratio (2010 - 2026)
Carmax (KMX) posted quarterly Asset Utilization Ratio of 0.99 for Q2 2026, up 1.7% year-over-year from 0.98 in Q2 2025, and little changed on a QoQ basis from 1.0 in Q1 2026.
Carmax (KMX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Carmax (KMX) has reported Asset Utilization Ratio for 17 consecutive years, with 0.99 the latest figure, recorded in Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 1.7% year-over-year to 0.99; the TTM figure through May 2026 stood at 0.99 (up 1.7% YoY), while the FY2026 annual figure was 0.96, changed 0.28% from the prior year.
- Asset Utilization Ratio came in at 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.
- Across the five-year window, Asset Utilization Ratio surged 37.73% in 2022 and fell 21.99% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.21 in 2022, then retreated by 19.04% to 0.98 in 2023, then decreased by 2.67% to 0.95 in 2024, then increased by 3.55% to 0.99 in 2025, then gained by 0.9% to 0.99 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.99, 1.0, and 0.99 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 1.67 |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 1.77 |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 0.99 |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 1.48 |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 1.90 |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 1.50 |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 0.54 |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 1.57 |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 2.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |