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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Carmax (KMX) Debt to Equity (2016 - 2026)

Carmax has reported Debt to Equity over the past 17 years, most recently at $2.63 for Q1 2026.

  • For Q1 2026, Debt to Equity rose 682.24% year-over-year to $2.63; the TTM value through Feb 2026 reached $2.63, up 682.24%, while the annual FY2026 figure was $2.63, 682.24% up from the prior year.
  • Debt to Equity for Q1 2026 was $2.63 at Carmax, down from $2.66 in the prior quarter.
  • Over five years, Debt to Equity peaked at $2.95 in Q4 2022 and troughed at $0.26 in Q3 2025.
  • A 5-year average of $1.82 and a median of $2.66 in 2025 define the central range for Debt to Equity.
  • Biggest five-year swings in Debt to Equity: plummeted 88.51% in 2023 and later surged 688.29% in 2025.
  • Year by year, Debt to Equity stood at $2.95 in 2022, then tumbled by 88.51% to $0.34 in 2023, then dropped by 0.46% to $0.34 in 2024, then surged by 688.29% to $2.66 in 2025, then decreased by 1.38% to $2.63 in 2026.
  • Business Quant data shows Debt to Equity for KMX at $2.63 in Q1 2026, $2.66 in Q4 2025, and $0.26 in Q3 2025.