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
Download Data
Historic 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 |