Carmax (KMX) EBT Margin (2009 - 2026)
Carmax (KMX) recorded quarterly EBT Margin of 1.86% in Q1 2026, down 228.57% quarter-over-quarter from 1.45% in Q4 2025, and down 383.0% on a YoY basis from 0.66% in Q1 2025.
Carmax (KMX) EBT Margin (2009 - 2026) Analysis & Trends
Carmax's EBT Margin history runs 18 years deep, the most recent figure standing at 1.86% for Q1 2026.
- In Q1 2026, EBT Margin fell 383.0% year-over-year to 1.86%; the TTM figure through Feb 2026 stood at 1.48% (down 106.0% YoY), while the FY2026 annual figure was 1.48%, down 106.0% from the prior year.
- EBT Margin was 1.86% for Q1 2026 at Carmax, down from 1.45% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 4.0% in Q2 2023 to a low of 1.86% in Q1 2026.
- Historically, EBT Margin has averaged 2.06% across 5 years, with a median of 2.06% in 2022.
- The sharpest annual moves came in 2023 and 2026: EBT Margin surged 103 bps in 2023, then slumped 383 bps in 2026.
- A 5-year view of EBT Margin shows it 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 plunged by 46 bps to 1.45% in 2025, then slumped by 229 bps to 1.86% in 2026.
- The last three EBT Margin figures came in at 1.86% (Q1 2026), 1.45% (Q4 2025), and 1.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -6.91% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 6.86% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -1.86% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.53% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 4.21% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 4.74% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 11.81% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 12.37% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 3.15% |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 6.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 31, 2021 | 7.37% |