Carmax (KMX) EBITDA Margin (2009 - 2026)

Carmax has reported EBITDA Margin for 18 years, with the latest figure at 2.74% in Q2 2026.

• On a quarterly basis, EBITDA Margin fell 36.0% year-over-year to 2.74% in Q2 2026; TTM through May 2026 was 1.28%, a 74.0% decrease from a year earlier, with the FY2026 full-year figure at 1.36%, down 39.0% from the prior year.
• EBITDA Margin was 2.74% for Q2 2026 at Carmax, 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.
• Average EBITDA Margin over 5 years is 1.4%, with a median of 1.37% recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: EBITDA Margin plunged 329 bps in 2022, then surged 109 bps in 2023.
• Over 5 years, EBITDA Margin stood at 0.23% in 2022, then jumped by 472 bps to 0.86% in 2023, then surged by 90 bps to 1.64% in 2024, then tumbled by 91 bps to 0.15% in 2025, then surged by 1726 bps to 2.74% in 2026.
• The last three EBITDA Margin figures came in at 2.74% (Q2 2026), 0.1% (Q1 2026), and 0.15% (Q4 2025), per Business Quant data.