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| Date | Value |
|---|---|
| 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 |