Carmax (KMX) Debt Ratio (2010 - 2026)

Carmax's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.59 for Q1 2026.

• In Q1 2026, Debt Ratio rose 666.86% year-over-year to 0.59; the TTM figure through Feb 2026 stood at 0.59 (up 666.86% YoY), while the FY2026 annual figure was 0.59, up 666.86% from the prior year.
• Debt Ratio was 0.59 for Q1 2026 at Carmax, down from 0.63 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.63 in Q2 2025 to a low of 0.06 in Q3 2025.
• Historically, Debt Ratio has averaged 0.4 across 5 years, with a median of 0.59 in 2026.
• The sharpest annual moves came in 2023 and 2025: Debt Ratio plunged 87.92% in 2023, then surged 721.9% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.62 in 2022, then plunged by 87.92% to 0.08 in 2023, then climbed by 1.82% to 0.08 in 2024, then surged by 721.9% to 0.63 in 2025, then fell by 7.16% to 0.59 in 2026.
• The last three Debt Ratio figures came in at 0.59 (Q1 2026), 0.63 (Q4 2025), and 0.06 (Q3 2025), per Business Quant data.