Carmax (KMX) Change in Inventory (2009 - 2026)
Carmax (KMX) posted Change in Inventory of -$74.2 million for Q2 2026, down 107.36% on a QoQ basis from $1.0 billion in Q1 2026, and up 76.07% year-over-year from -$42.2 million in Q2 2025.
Analysis
Carmax (KMX) Change in Inventory (2009 - 2026) Analysis & Trends
Carmax has reported Change in Inventory for 18 years, with the latest figure at -$74.2 million in Q2 2026.
- On a quarterly basis, Change in Inventory rose 76.07% year-over-year to -$74.2 million in Q2 2026; TTM through May 2026 was $438.4 million, a 395.16% increase from a year earlier, with the FY2026 full-year figure at $202.4 million, down 21.11% from the prior year.
- Change in Inventory was -$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.
- The sharpest annual moves came in 2023 and 2025: Change in Inventory plunged 1147.08% in 2023, then surged 588.73% in 2025.
- Over 5 years, Change in Inventory stood at -$1.3 billion in 2022, then surged by 84.06% to -$200.3 million in 2023, then surged by 233.48% to $267.4 million in 2024, then plunged by 108.09% to -$21.6 million in 2025, then plunged by 243.35% to -$74.2 million in 2026.
- The last three Change in Inventory figures came in at -$74.2 million (Q2 2026), $1.0 billion (Q1 2026), and -$21.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 586.00 Mn |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 260.30 Mn |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | -74.24 Mn |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 336.60 Mn |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 215.30 Mn |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 187.70 Mn |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 12.40 Mn |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 27.90 Mn |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | -56.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -74.24 Mn |
| Feb 28, 2026 | 1.01 Bn |
| Nov 30, 2025 | -21.62 Mn |
| Aug 31, 2025 | -474.78 Mn |
| May 31, 2025 | -310.27 Mn |
| Feb 28, 2025 | 269.46 Mn |
| Nov 30, 2024 | 267.42 Mn |
| Aug 31, 2024 | -375.14 Mn |
| May 31, 2024 | 94.82 Mn |
| Feb 29, 2024 | 39.12 Mn |
| Nov 30, 2023 | -200.34 Mn |
| Aug 31, 2023 | -241.93 Mn |
| May 31, 2023 | 355.08 Mn |
| Feb 28, 2023 | 311.21 Mn |
| Nov 30, 2022 | -1.26 Bn |
| Aug 31, 2022 | -19.40 Mn |
| May 31, 2022 | -433.48 Mn |
| Feb 28, 2022 | 465.11 Mn |
| Nov 30, 2021 | 554.02 Mn |
| Aug 31, 2021 | 856.61 Mn |