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
DateValue
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%