Carmax (KMX) FCF Margin (2009 - 2026)
Carmax (KMX) posted quarterly FCF Margin of 1.07% for Q2 2026, down 323.0% year-over-year from 0.48% in Q2 2025, and up 90.74% quarter-over-quarter from 11.56% in Q1 2026.
Analysis
Carmax (KMX) FCF Margin (2009 - 2026) Analysis & Trends
Carmax's FCF Margin history runs 18 years deep, the most recent figure standing at 1.07% for Q2 2026.
- In Q2 2026, FCF Margin fell 323.0% year-over-year to 1.07%; the TTM figure through May 2026 stood at 3.77% (up 8.0% YoY), while the FY2026 annual figure was 4.8%, up 251.0% from the prior year.
- FCF Margin for Q2 2026 stood at 1.07%, up from 11.56% in the prior quarter.
- The five-year high for FCF Margin was 19.22% in Q4 2025, with the low at 11.56% in Q1 2026.
- The 5-year median for FCF Margin is 0.89% (2023), against an average of 2.39%.
- The sharpest annual moves came in 2022 and 2026: FCF Margin surged 2563 bps in 2022, then slumped 1935 bps in 2026.
- Carmax's FCF Margin stood at 16.41% in 2022, then sank by 94 bps to 1.05% in 2023, then slumped by 329 bps to 2.42% in 2024, then jumped by 894 bps to 19.22% in 2025, then sank by 106 bps to 1.07% in 2026.
- Business Quant data shows KMX's FCF Margin at 1.07% in Q2 2026, 11.56% in Q1 2026, and 19.22% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | 3.17% |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 1.55% |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 2.68% |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | -1.07% |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | -1.25% |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | -2.03% |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | - |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | 12.36% |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 7.03% |
| 10 | Asbury Automotive | 3.86 Bn | 3.83 Bn | 753.10 Mn | 1.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -1.07% |
| Feb 28, 2026 | -11.56% |
| Nov 30, 2025 | 19.22% |
| Aug 31, 2025 | 9.92% |
| May 31, 2025 | 2.16% |
| Feb 28, 2025 | 0.31% |
| Nov 30, 2024 | -2.42% |
| Aug 31, 2024 | 7.27% |
| May 31, 2024 | -3.12% |
| Feb 29, 2024 | 3.55% |
| Nov 30, 2023 | 1.05% |
| Aug 31, 2023 | 0.72% |
| May 31, 2023 | -4.19% |
| Feb 28, 2023 | -8.42% |
| Nov 30, 2022 | 16.41% |
| Aug 31, 2022 | -1.98% |
| May 31, 2022 | 4.68% |
| Feb 28, 2022 | -7.13% |
| Nov 30, 2021 | -9.22% |
| Aug 31, 2021 | -16.93% |