Carmax (KMX) Debt Ratio (2010 - 2026)
Carmax's Debt Ratio was 0.60 in fiscal Q2 2027 (quarter ended Aug 31, 2026), down 5.4% from 0.64 a year earlier and down 0.1% from the prior quarter.
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Analysis
Carmax (KMX) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Debt Ratio at Carmax came in at 0.61, down 2.6% from FY2025.
- In earlier fiscal years, Debt Ratio was 0.62 in FY2025 (+0.7%), 0.62 in FY2024 (-0.7%), 0.62 in FY2023 (+6.4%) and 0.59 in FY2022 (-11.1%).
- The fiscal Q2 2027 figure marks the lowest quarterly Debt Ratio since fiscal Q1 2023.
- Compared with a year earlier, Debt Ratio has declined for three straight quarters, with an average decline of 1.3% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was fiscal Q4 2023 (growth of 6.4%); the worst was fiscal Q4 2022 (a decline of 11.1%).
- Per Business Quant data, KMX's Debt Ratio in the three fiscal quarters before Q2 2027 was 0.60 (Q1 2027), 0.61 (Q4 2026) and 0.63 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,826.22 Bn | 2,342.91 Bn | 104.83 Bn | 0.12 |
| 2 | Home Depot | 312.87 Bn | 306.11 Bn | 16.12 Bn | 0.48 |
| 3 | Tjx Companies | 162.20 Bn | 139.75 Bn | 5.07 Bn | 0.08 |
| 4 | Lowes Companies | 110.98 Bn | 103.94 Bn | 8.58 Bn | 0.67 |
| 5 | Ross Stores | 75.30 Bn | 58.23 Bn | 2.12 Bn | 0.06 |
| 6 | O Reilly Automotive | 74.25 Bn | 73.33 Bn | 2.52 Bn | 0.40 |
| 7 | Target | 70.03 Bn | 64.62 Bn | 8.94 Bn | 0.25 |
| 8 | Autozone | 52.03 Bn | 50.93 Bn | 2.52 Bn | 0.43 |
| 9 | Carvana | 43.27 Bn | 33.76 Bn | 1.38 Bn | 0.36 |
| 10 | Carmax | 7.63 Bn | 7.00 Bn | 799.46 Mn | 0.60 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 0.60 |
| May 31, 2026 | 0.60 |
| Feb 28, 2026 | 0.61 |
| Nov 30, 2025 | 0.63 |
| Aug 31, 2025 | 0.64 |
| May 31, 2025 | 0.63 |
| Feb 28, 2025 | 0.62 |
| Nov 30, 2024 | 0.63 |
| Aug 31, 2024 | 0.63 |
| May 31, 2024 | 0.63 |
| Feb 29, 2024 | 0.63 |
| Nov 30, 2023 | 0.64 |
| Aug 31, 2023 | 0.63 |
| May 31, 2023 | 0.62 |
| Feb 28, 2023 | 0.63 |
| Nov 30, 2022 | 0.63 |
| Aug 31, 2022 | 0.61 |
| May 31, 2022 | 0.60 |
| Feb 28, 2022 | 0.59 |
| Nov 30, 2021 | 0.62 |
API Access
Carmax Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=KMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();