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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Uxin 79.73 Bn 79.73 Bn - -
2 Carvana 51.31 Bn 48.57 Bn 1.38 Bn 3.17%
3 Penske Automotive 14.31 Bn 14.24 Bn 1.36 Bn 1.55%
4 Lithia Motors 8.61 Bn 8.25 Bn 1.50 Bn -1.25%
5 Carmax 8.33 Bn 7.73 Bn 854.41 Mn -1.07%
6 Autonation 7.02 Bn 6.97 Bn 1.23 Bn -2.03%
7 Rush Enterprises Inc \Tx\ 6.34 Bn 6.08 Bn 361.67 Mn 2.68%
8 Autozi Internet Technology (Global) 6.33 Bn 6.14 Bn - -
9 Valvoline 4.30 Bn 4.22 Bn 214.90 Mn 12.36%
10 Openlane 4.29 Bn 4.10 Bn 248.20 Mn 7.03%

Historic Data

Download Data
DateValue
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 7.79%
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 -1.95%
Nov 30, 2022 16.41%
Aug 31, 2022 -1.98%
May 31, 2022 4.68%
Feb 28, 2022 -3.54%
Nov 30, 2021 -9.22%
Aug 31, 2021 -16.93%