Carmax (KMX) EBT Margin (2009 - 2026)
Carmax (KMX) posted quarterly EBT Margin of 3.23% for Q2 2026, down 53.0% year-over-year from 6.86% in Q2 2025, and up 273.33% on a QoQ basis from 1.86% in Q1 2026.
Carmax (KMX) EBT Margin (2009 - 2026) Analysis & Trends
Carmax (KMX) has reported EBT Margin for 18 consecutive years, with 3.23% the latest figure, recorded in Q2 2026.
- In Q2 2026, EBT Margin fell 53.0% year-over-year to 3.23%; the TTM figure through May 2026 stood at 1.36% (down 142.0% YoY), while the FY2026 annual figure was 1.48%, down 106.0% from the prior year.
- EBT Margin came in at 3.23% for Q2 2026 at Carmax, up from 1.86% in the prior quarter.
- The five-year high for EBT Margin was 4.0% in Q2 2023, with the low at 1.86% in Q1 2026.
- Average EBT Margin over 5 years is 2.13%, with a median of 2.15% recorded in 2023.
- Across the five-year window, EBT Margin surged 103 bps in 2023 and tumbled 383 bps in 2026, its largest moves.
- Year by year, EBT Margin stood at 0.77% in 2022, then surged by 134 bps to 1.8% in 2023, then jumped by 49 bps to 2.67% in 2024, then sank by 46 bps to 1.45% in 2025, then surged by 123 bps to 3.23% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 3.23%, 1.86%, and 1.45% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 6.86% |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 4.12% |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 3.23% |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 1.53% |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 4.21% |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 4.74% |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 11.81% |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 6.09% |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 3.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 3.23% |
| Feb 28, 2026 | -1.86% |
| Nov 30, 2025 | 1.45% |
| Aug 31, 2025 | 1.93% |
| May 31, 2025 | 3.75% |
| Feb 28, 2025 | 1.97% |
| Nov 30, 2024 | 2.67% |
| Aug 31, 2024 | 2.54% |
| May 31, 2024 | 2.90% |
| Feb 29, 2024 | 1.16% |
| Nov 30, 2023 | 1.80% |
| Aug 31, 2023 | 2.24% |
| May 31, 2023 | 4.00% |
| Feb 28, 2023 | 1.44% |
| Nov 30, 2022 | 0.77% |
| Aug 31, 2022 | 2.06% |
| May 31, 2022 | 3.61% |
| Feb 28, 2022 | 2.62% |
| Nov 30, 2021 | 4.17% |
| Aug 31, 2021 | 4.60% |