Carmax (KMX) Debt to Equity (2010 - 2026)
Carmax (KMX) posted quarterly Debt to Equity of $2.63 for Q2 2026, up 942.83% year-over-year from $0.25 in Q2 2025, and up 458.76% on a QoQ basis from $0.47 in Q1 2026.
Carmax (KMX) Debt to Equity (2010 - 2026) Analysis & Trends
Carmax (KMX) has reported Debt to Equity for 17 consecutive years, with $2.63 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt to Equity rose 942.83% year-over-year to $2.63; the TTM figure through May 2026 stood at $2.63 (up 942.83% YoY), while the FY2026 annual figure was $0.47, down 82.3% from the prior year.
- Debt to Equity came in at $2.63 for Q2 2026 at Carmax, up from $0.47 in the prior quarter.
- The five-year high for Debt to Equity was $2.97 in Q4 2022, with the low at $0.25 in Q2 2025.
- Average Debt to Equity over 5 years is $2.12, with a median of $2.67 recorded in 2024.
- Across the five-year window, Debt to Equity tumbled 90.67% in 2025 and soared 942.83% in 2026, its largest moves.
- Year by year, Debt to Equity stood at $2.97 in 2022, then decreased by 3.69% to $2.87 in 2023, then fell by 6.86% to $2.67 in 2024, then decreased by 0.17% to $2.66 in 2025, then decreased by 1.41% to $2.63 in 2026.
- According to Business Quant data, Debt to Equity over the past three periods registered $2.63, $0.47, and $2.66 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 1.06 |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 0.47 |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 2.63 |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 1.02 |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 0.98 |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 0.12 |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 4.69 |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 0.90 |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 1.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.63 |
| Feb 28, 2026 | 0.47 |
| Nov 30, 2025 | 2.66 |
| Aug 31, 2025 | 2.69 |
| May 31, 2025 | 0.25 |
| Feb 28, 2025 | 2.66 |
| Nov 30, 2024 | 2.67 |
| Aug 31, 2024 | 2.68 |
| May 31, 2024 | 2.70 |
| Feb 29, 2024 | 0.34 |
| Nov 30, 2023 | 2.87 |
| Aug 31, 2023 | 2.80 |
| May 31, 2023 | 2.79 |
| Feb 28, 2023 | 2.85 |
| Nov 30, 2022 | 2.97 |
| Aug 31, 2022 | 0.59 |
| May 31, 2022 | 0.57 |
| Feb 28, 2022 | 2.95 |
| Nov 30, 2021 | 3.12 |
| Aug 31, 2021 | 3.04 |