Carmax (KMX) Debt Ratio (2010 - 2026)

Carmax's Debt Ratio history runs 17 years deep, the most recent figure standing at 0.68 for Q2 2026.

• In Q2 2026, Debt Ratio rose 8.5% year-over-year to 0.68; the TTM figure through May 2026 stood at 0.68 (up 8.5% YoY), while the FY2026 annual figure was 0.59, down 3.04% from the prior year.
• Debt Ratio for Q2 2026 stood at 0.68, up from 0.59 in the prior quarter.
• The five-year high for Debt Ratio was 0.7 in Q1 2023, with the low at 0.09 in Q4 2022.
• The 5-year median for Debt Ratio is 0.62 (2023), against an average of 0.6.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio slipped 15.18% in 2022, then surged 595.34% in 2023.
• Carmax's Debt Ratio stood at 0.09 in 2022, then surged by 595.34% to 0.64 in 2023, then advanced by 7.34% to 0.68 in 2024, then fell by 10.6% to 0.61 in 2025, then rose by 11.24% to 0.68 in 2026.
• Business Quant data shows KMX's Debt Ratio at 0.68 in Q2 2026, 0.59 in Q1 2026, and 0.61 in Q4 2025.