Carmax (KMX) Free Cash Flow (2009 - 2026)

Carmax (KMX) recorded quarterly Free Cash Flow of -$687.3 million in Q1 2026, down 161.73% quarter-over-quarter from $1.1 billion in Q4 2025, and down 3763.61% on a YoY basis from $18.8 million in Q1 2025.

Carmax (KMX) Free Cash Flow (2009 - 2026) Analysis & Trends

Carmax's Free Cash Flow history runs 18 years deep, the most recent figure standing at -$687.3 million for Q1 2026.

  • In Q1 2026, Free Cash Flow fell 3763.61% year-over-year to -$687.3 million; the TTM figure through Feb 2026 stood at $1.2 billion (up 694.16% YoY), while the FY2026 annual figure was $1.2 billion, up 694.16% from the prior year.
  • Free Cash Flow was -$687.3 million for Q1 2026 at Carmax, down from $1.1 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $1.1 billion in Q4 2025 to a low of -$687.3 million in Q1 2026.
  • Historically, Free Cash Flow has averaged $100.3 million across 5 years, with a median of $50.7 million in 2023.
  • The sharpest annual moves came in 2024 and 2026: Free Cash Flow soared 905.37% in 2024, then plunged 3763.61% in 2026.
  • A 5-year view of Free Cash Flow shows it stood at $1.1 billion in 2022, then plunged by 93.93% to $64.8 million in 2023, then plunged by 332.25% to -$150.6 million in 2024, then jumped by 839.5% to $1.1 billion in 2025, then tumbled by 161.73% to -$687.3 million in 2026.
  • The last three Free Cash Flow figures came in at -$687.3 million (Q1 2026), $1.1 billion (Q4 2025), and $654.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 56.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -687.29 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn -205.50 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn -34.20 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn -5.63 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 37.60 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 146.50 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 8.40 Mn
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 220.70 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -687.29 Mn
Feb 28, 2026 -687.29 Mn
Nov 30, 2025 1.11 Bn
Nov 30, 2025 1.11 Bn
Aug 31, 2025 654.03 Mn
Aug 31, 2025 654.03 Mn
May 31, 2025 162.81 Mn
May 31, 2025 162.81 Mn
Feb 28, 2025 18.76 Mn
Feb 28, 2025 18.76 Mn
Nov 30, 2024 -150.55 Mn
Nov 30, 2024 -150.55 Mn
Aug 31, 2024 509.89 Mn
Aug 31, 2024 509.89 Mn
May 31, 2024 -221.60 Mn
May 31, 2024 -221.60 Mn
Feb 29, 2024 199.77 Mn
Feb 29, 2024 199.77 Mn
Nov 30, 2023 64.82 Mn
Nov 30, 2023 64.82 Mn