Carmax (KMX) Change in Inventory (2009 - 2026)
Carmax (KMX) posted quarterly Change in Inventory of -$74.2 million for Q2 2026, up 76.07% year-over-year from -$42.2 million in Q2 2025, and down 107.36% on a QoQ basis from $1.0 billion in Q1 2026.
Carmax (KMX) Change in Inventory (2009 - 2026) Analysis & Trends
Carmax (KMX) has reported Change in Inventory for 18 consecutive years, with -$74.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Inventory rose 76.07% year-over-year to -$74.2 million; the TTM figure through May 2026 stood at $438.4 million (up 395.16% YoY), while the FY2026 annual figure was $202.4 million, down 21.11% from the prior year.
- Change in Inventory came in at -$74.2 million for Q2 2026 at Carmax, down from $1.0 billion in the prior quarter.
- The five-year high for Change in Inventory was $1.0 billion in Q1 2026, with the low at -$1.3 billion in Q4 2022.
- Average Change in Inventory over 5 years is -$33.1 million, with a median of -$20.5 million recorded in 2022.
- Across the five-year window, Change in Inventory slumped 1147.08% in 2023 and jumped 588.73% in 2025, its largest moves.
- Year by year, Change in Inventory stood at -$1.3 billion in 2022, then jumped by 84.06% to -$200.3 million in 2023, then jumped by 233.48% to $267.4 million in 2024, then slumped by 108.09% to -$21.6 million in 2025, then slumped by 243.35% to -$74.2 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$74.2 million, $1.0 billion, and -$21.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 247.00 Mn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 74.70 Mn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | -74.24 Mn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 97.20 Mn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 43.90 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 85.49 Mn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | -1.00 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | -26.50 Mn |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 40.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -74.24 Mn |
| May 31, 2026 | -74.24 Mn |
| Feb 28, 2026 | 1.01 Bn |
| Feb 28, 2026 | 1.01 Bn |
| Nov 30, 2025 | -21.62 Mn |
| Nov 30, 2025 | -21.62 Mn |
| Aug 31, 2025 | -474.78 Mn |
| Aug 31, 2025 | -474.78 Mn |
| May 31, 2025 | -310.27 Mn |
| May 31, 2025 | -310.27 Mn |
| Feb 28, 2025 | 269.46 Mn |
| Feb 28, 2025 | 269.46 Mn |
| Nov 30, 2024 | 267.42 Mn |
| Nov 30, 2024 | 267.42 Mn |
| Aug 31, 2024 | -375.14 Mn |
| Aug 31, 2024 | -375.14 Mn |
| May 31, 2024 | 94.82 Mn |
| May 31, 2024 | 94.82 Mn |
| Feb 29, 2024 | 39.12 Mn |
| Feb 29, 2024 | 39.12 Mn |