Carmax (KMX) Debt Ratio (2010 - 2026)

Carmax (KMX) posted quarterly Debt Ratio of 0.6 for Q2 2026, up 943.86% year-over-year from 0.06 in Q2 2025, and up 474.91% on a QoQ basis from 0.1 in Q1 2026.

Carmax (KMX) Debt Ratio (2010 - 2026) Analysis & Trends

Carmax (KMX) has reported Debt Ratio for 17 consecutive years, with 0.6 the latest figure, recorded in Q2 2026.

  • In Q2 2026, Debt Ratio rose 943.86% year-over-year to 0.6; the TTM figure through May 2026 stood at 0.6 (up 943.86% YoY), while the FY2026 annual figure was 0.1, down 82.65% from the prior year.
  • Debt Ratio came in at 0.6 for Q2 2026 at Carmax, up from 0.1 in the prior quarter.
  • The five-year high for Debt Ratio was 0.64 in Q4 2023, with the low at 0.06 in Q2 2025.
  • Average Debt Ratio over 5 years is 0.47, with a median of 0.61 recorded in 2024.
  • Across the five-year window, Debt Ratio tumbled 90.54% in 2025 and surged 943.86% in 2026, its largest moves.
  • Year by year, Debt Ratio stood at 0.63 in 2022, then increased by 1.26% to 0.64 in 2023, then declined by 4.72% to 0.61 in 2024, then grew by 4.09% to 0.63 in 2025, then retreated by 4.51% to 0.6 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.6, 0.1, and 0.63 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 0.14
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 0.36
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 0.14
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 0.60
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 0.25
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 0.15
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 0.06
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 0.48
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 0.31
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 0.31

Historic Data

Download Data
DateValue
May 31, 2026 0.60
Feb 28, 2026 0.10
Nov 30, 2025 0.63
Aug 31, 2025 0.62
May 31, 2025 0.06
Feb 28, 2025 0.61
Nov 30, 2024 0.61
Aug 31, 2024 0.61
May 31, 2024 0.61
Feb 29, 2024 0.08
Nov 30, 2023 0.64
Aug 31, 2023 0.61
May 31, 2023 0.60
Feb 28, 2023 0.61
Nov 30, 2022 0.63
Aug 31, 2022 0.12
May 31, 2022 0.12
Feb 28, 2022 0.59
Nov 30, 2021 0.62
Aug 31, 2021 0.61