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| Date | Value |
|---|---|
| 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 |