Carmax (KMX) EBITDA Margin (2009 - 2026)

Carmax's EBITDA Margin history runs 18 years deep, the most recent figure standing at 0.1% for Q1 2026.

• In Q1 2026, EBITDA Margin fell 106.0% year-over-year to 0.1%; the TTM figure through Feb 2026 stood at 1.36% (down 39.0% YoY), while the FY2026 annual figure was 1.36%, down 39.0% from the prior year.
• EBITDA Margin was 0.1% for Q1 2026 at Carmax, down from 0.15% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 3.35% in Q2 2023 to a low of 0.23% in Q4 2022.
• Historically, EBITDA Margin has averaged 1.32% across 5 years, with a median of 1.17% in 2022.
• The sharpest annual moves came in 2022 and 2023: EBITDA Margin sank 329 bps in 2022, then jumped 109 bps in 2023.
• A 5-year view of EBITDA Margin shows it stood at 0.23% in 2022, then soared by 472 bps to 0.86% in 2023, then jumped by 90 bps to 1.64% in 2024, then plunged by 91 bps to 0.15% in 2025, then sank by 168 bps to 0.1% in 2026.
• The last three EBITDA Margin figures came in at 0.1% (Q1 2026), 0.15% (Q4 2025), and 1.77% (Q3 2025), per Business Quant data.