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% on a QoQ basis from 0.1% in Q1 2026.

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

Carmax (KMX) has reported EBITDA Margin for 18 consecutive years, with 2.74% the latest figure, recorded in 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 came in at 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.
  • Across the five-year window, EBITDA Margin slumped 329 bps in 2022 and jumped 109 bps in 2023, its largest moves.
  • Year by year, EBITDA Margin 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 sank by 91 bps to 0.15% in 2025, then jumped by 1726 bps to 2.74% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 2.74%, 0.1%, and 0.15% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 9.03%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 4.24%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 2.74%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 3.62%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 4.80%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 5.16%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 8.48%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 4.71%
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 4.49%

Historic Data

Download Data
DateValue
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%