Carmax (KMX) FCF Margin (2009 - 2026)
Carmax (KMX) recorded quarterly FCF Margin of 11.56% in Q1 2026, down 160.16% quarter-over-quarter from 19.22% in Q4 2025, and down 1187.0% on a YoY basis from 1.06% in Q1 2025.
Carmax (KMX) FCF Margin (2009 - 2026) Analysis & Trends
Carmax's FCF Margin history runs 18 years deep, the most recent figure standing at 11.56% for Q1 2026.
- In Q1 2026, FCF Margin fell 1187.0% year-over-year to 11.56%; the TTM figure through Feb 2026 stood at 4.8% (up 421.0% YoY), while the FY2026 annual figure was 4.8%, up 421.0% from the prior year.
- FCF Margin was 11.56% for Q1 2026 at Carmax, down from 19.22% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 19.22% in Q4 2025 to a low of 11.56% in Q1 2026.
- Historically, FCF Margin has averaged 1.56% across 5 years, with a median of 0.72% in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Margin soared 2563 bps in 2022, then plunged 1535 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 16.41% in 2022, then slumped by 94 bps to 1.05% in 2023, then tumbled by 329 bps to 2.42% in 2024, then surged by 894 bps to 19.22% in 2025, then plunged by 160 bps to 11.56% in 2026.
- The last three FCF Margin figures came in at 11.56% (Q1 2026), 19.22% (Q4 2025), and 9.92% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | - |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 0.87% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -11.56% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | -2.22% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | -0.52% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | -0.35% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 7.46% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 27.75% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 0.16% |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | 5.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| May 31, 2021 | -2.22% |