Carmax (KMX) EBITDA Margin (2009 - 2026)
Carmax (KMX) posted quarterly EBITDA Margin of 2.74% for Q2 2026, down 36.0% year-over-year from 4.27% in Q2 2025, and up 2787.93% quarter-over-quarter from 0.1% in Q1 2026.
Carmax (KMX) EBITDA Margin (2009 - 2026) Analysis & Trends
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - | - |
| 2 | Carvana | 51.31 Bn | 48.57 Bn | 1.38 Bn | 9.22% |
| 3 | Penske Automotive | 14.31 Bn | 14.24 Bn | 1.36 Bn | 3.97% |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn | 4.58% |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | 2.74% |
| 6 | Autonation | 7.02 Bn | 6.97 Bn | 1.23 Bn | 4.60% |
| 7 | Rush Enterprises Inc \Tx\ | 6.34 Bn | 6.08 Bn | 361.67 Mn | 5.12% |
| 8 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - | - |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn | 20.60% |
| 10 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn | 12.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 2.74% |
| Feb 28, 2026 | -0.10% |
| Nov 30, 2025 | 0.15% |
| Aug 31, 2025 | 1.77% |
| May 31, 2025 | 3.10% |
| Feb 28, 2025 | 0.96% |
| Nov 30, 2024 | 1.64% |
| Aug 31, 2024 | 2.14% |
| May 31, 2024 | 2.16% |
| Feb 29, 2024 | 0.09% |
| Nov 30, 2023 | 0.86% |
| Aug 31, 2023 | 1.57% |
| May 31, 2023 | 3.35% |
| Feb 28, 2023 | 0.67% |
| Nov 30, 2022 | -0.23% |
| Aug 31, 2022 | 0.87% |
| May 31, 2022 | 2.35% |
| Feb 28, 2022 | 1.17% |
| Nov 30, 2021 | 3.06% |
| Aug 31, 2021 | 3.02% |