Carmax (KMX) Debt Ratio (2010 - 2026)

Carmax has reported Debt Ratio for 17 years, with the latest figure at 0.68 in Q2 2026.

• On a quarterly basis, Debt Ratio fell 0.57% year-over-year to 0.68 in Q2 2026; TTM through May 2026 was 0.68, a 0.57% decrease from a year earlier, with the FY2026 full-year figure at 0.68, changed 0.36% from the prior year.
• Debt Ratio was 0.68 for Q2 2026 at Carmax, roughly flat from 0.68 in the prior quarter.
• The five-year high for Debt Ratio was 0.71 in Q1 2022, with the low at 0.68 in Q4 2025.
• Average Debt Ratio over 5 years is 0.69, with a median of 0.69 recorded in 2024.
• The sharpest annual moves came in 2022 and 2024: Debt Ratio rose 1.92% in 2022, then fell 2.67% in 2024.
• Over 5 years, Debt Ratio stood at 0.7 in 2022, then retreated by 0.9% to 0.7 in 2023, then decreased by 1.76% to 0.68 in 2024, then dropped by 0.92% to 0.68 in 2025, then rose by 0.47% to 0.68 in 2026.
• The last three Debt Ratio figures came in at 0.68 (Q2 2026), 0.68 (Q1 2026), and 0.68 (Q4 2025), per Business Quant data.