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

Carmax's Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 1.0 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio rose 3.45% year-over-year to 1.0; the TTM figure through Feb 2026 stood at 1.0 (up 3.45% YoY), while the FY2026 annual figure was 0.96, changed 0.28% from the prior year.
• Asset Utilization Ratio was 1.0 for Q1 2026 at Carmax, up from 0.99 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 1.28 in Q3 2022 to a low of 0.95 in Q3 2024.
• Historically, Asset Utilization Ratio has averaged 1.05 across 5 years, with a median of 0.99 in 2025.
• The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 37.73% in 2022, then slipped 21.99% in 2023.
• A 5-year view of Asset Utilization Ratio shows it stood at 1.21 in 2022, then dropped by 19.04% to 0.98 in 2023, then declined by 2.67% to 0.95 in 2024, then advanced by 3.55% to 0.99 in 2025, then rose by 1.15% to 1.0 in 2026.
• The last three Asset Utilization Ratio figures came in at 1.0 (Q1 2026), 0.99 (Q4 2025), and 0.97 (Q3 2025), per Business Quant data.