Carmax (KMX) EBITDA (2009 - 2026)

Carmax (KMX) recorded quarterly EBITDA of -$6.1 million in Q1 2026, down 169.72% quarter-over-quarter from $8.7 million in Q4 2025, and down 110.54% on a YoY basis from $57.4 million in Q1 2025.

Carmax (KMX) EBITDA (2009 - 2026) Analysis & Trends

Carmax's EBITDA history runs 18 years deep, the most recent figure standing at -$6.1 million for Q1 2026.

  • In Q1 2026, EBITDA fell 110.54% year-over-year to -$6.1 million; the TTM figure through Feb 2026 stood at $353.2 million (down 23.64% YoY), while the FY2026 annual figure was $353.2 million, down 23.64% from the prior year.
  • EBITDA was -$6.1 million for Q1 2026 at Carmax, down from $8.7 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $257.6 million in Q2 2023 to a low of -$15.0 million in Q4 2022.
  • Historically, EBITDA has averaged $96.8 million across 5 years, with a median of $90.1 million in 2022.
  • The sharpest annual moves came in 2025 and 2026: EBITDA surged 981.66% in 2025, then sank 110.54% in 2026.
  • A 5-year view of EBITDA shows it stood at -$15.0 million in 2022, then surged by 451.76% to $52.9 million in 2023, then surged by 92.59% to $101.9 million in 2024, then plunged by 91.48% to $8.7 million in 2025, then sank by 169.72% to -$6.1 million in 2026.
  • The last three EBITDA figures came in at -$6.1 million (Q1 2026), $8.7 million (Q4 2025), and $116.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -11.79 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 581.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -6.05 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 335.80 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 314.30 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 82.21 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 42.70 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 73.80 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 242.60 Mn
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 193.90 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -6.05 Mn
Nov 30, 2025 8.68 Mn
Aug 31, 2025 116.57 Mn
May 31, 2025 233.98 Mn
Feb 28, 2025 57.39 Mn
Nov 30, 2024 101.88 Mn
Aug 31, 2024 149.91 Mn
May 31, 2024 153.32 Mn
Feb 29, 2024 5.31 Mn
Nov 30, 2023 52.90 Mn
Aug 31, 2023 111.07 Mn
May 31, 2023 257.55 Mn
Feb 28, 2023 38.13 Mn
Nov 30, 2022 -15.04 Mn
Aug 31, 2022 71.10 Mn
May 31, 2022 218.65 Mn
Feb 28, 2022 90.05 Mn
Nov 30, 2021 260.63 Mn
Aug 31, 2021 241.20 Mn
May 31, 2021 370.44 Mn