Carmax (KMX) EBITDA Margin (2009 - 2026)

Carmax's EBITDA Margin history runs 18 years deep, the most recent figure standing at 2.74% for Q2 2026.

• In Q2 2026, EBITDA Margin fell 36.0% year-over-year to 2.74%; the TTM figure through May 2026 stood at 1.28% (down 74.0% YoY), while the FY2026 annual figure was 1.36%, down 39.0% from the prior year.
• EBITDA Margin for Q2 2026 stood at 2.74%, up from 0.1% in the prior quarter.
• The five-year high for EBITDA Margin was 3.35% in Q2 2023, with the low at 0.23% in Q4 2022.
• The 5-year median for EBITDA Margin is 1.37% (2023), against an average of 1.4%.
• The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 329 bps in 2022, then soared 109 bps in 2023.
• Carmax's EBITDA Margin stood at 0.23% in 2022, then surged by 472 bps to 0.86% in 2023, then soared by 90 bps to 1.64% in 2024, then tumbled by 91 bps to 0.15% in 2025, then soared by 1726 bps to 2.74% in 2026.
• Business Quant data shows KMX's EBITDA Margin at 2.74% in Q2 2026, 0.1% in Q1 2026, and 0.15% in Q4 2025.