Growth Metrics

Carmax (KMX) Debt to Equity (2016 - 2025)

Carmax (KMX) has 16 years of Debt to Equity data on record, last reported at $2.63 in Q4 2025.

  • For Q4 2025, Debt to Equity fell 4.36% year-over-year to $2.63; the TTM value through Nov 2025 reached $2.63, down 4.36%, while the annual FY2025 figure was $2.74, 1.16% down from the prior year.
  • Debt to Equity reached $2.63 in Q4 2025 per KMX's latest filing, down from $2.69 in the prior quarter.
  • Across five years, Debt to Equity topped out at $3.25 in Q1 2021 and bottomed at $0.35 in Q3 2024.
  • Average Debt to Equity over 5 years is $2.39, with a median of $2.78 recorded in 2024.
  • Peak YoY movement for Debt to Equity: crashed 87.76% in 2024, then surged 676.7% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $2.91 in 2021, then grew by 1.54% to $2.95 in 2022, then crashed by 86.76% to $0.39 in 2023, then surged by 602.39% to $2.75 in 2024, then fell by 4.36% to $2.63 in 2025.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were $2.63 in Q4 2025, $2.69 in Q3 2025, and $2.73 in Q2 2025.