Carmax (KMX) Equity Ratio (2010 - 2026)

Carmax's Equity Ratio history runs 17 years deep, the most recent figure standing at 0.22 for Q1 2026.

• In Q1 2026, Equity Ratio fell 1.97% year-over-year to 0.22; the TTM figure through Feb 2026 stood at 0.22 (down 1.97% YoY), while the FY2026 annual figure was 0.22, down 1.97% from the prior year.
• Equity Ratio was 0.22 for Q1 2026 at Carmax, down from 0.24 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.24 in Q4 2025 to a low of 0.2 in Q1 2022.
• Historically, Equity Ratio has averaged 0.22 across 5 years, with a median of 0.22 in 2024.
• The sharpest annual moves came in 2023 and 2026: Equity Ratio gained 7.85% in 2023, then retreated 1.97% in 2026.
• A 5-year view of Equity Ratio shows it stood at 0.21 in 2022, then rose by 5.14% to 0.22 in 2023, then rose by 2.29% to 0.23 in 2024, then grew by 4.26% to 0.24 in 2025, then dropped by 5.86% to 0.22 in 2026.
• The last three Equity Ratio figures came in at 0.22 (Q1 2026), 0.24 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.