Carmax (KMX) Free Cash Flow (2009 - 2026)
Carmax (KMX) posted Free Cash Flow of -$85.7 million for Q2 2026, up 87.52% on a QoQ basis from -$687.3 million in Q1 2026, and down 152.67% year-over-year from $162.8 million in Q2 2025.
Analysis
Carmax (KMX) Free Cash Flow (2009 - 2026) Analysis & Trends
Carmax has reported Free Cash Flow for 18 years, with the latest figure at -$85.7 million in Q2 2026.
- On a quarterly basis, Free Cash Flow fell 152.67% year-over-year to -$85.7 million in Q2 2026; TTM through May 2026 was $994.3 million, a 83.82% increase from a year earlier, with the FY2026 full-year figure at $1.2 billion, up 694.16% from the prior year.
- Free Cash Flow was -$85.7 million for Q2 2026 at Carmax, up from -$687.3 million in the prior quarter.
- The five-year high for Free Cash Flow was $1.1 billion in Q4 2025, with the low at -$687.3 million in Q1 2026.
- Average Free Cash Flow over 5 years is $90.0 million, with a median of $34.7 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2026: Free Cash Flow jumped 905.37% in 2024, then tumbled 3763.61% in 2026.
- Over 5 years, Free Cash Flow stood at $1.1 billion in 2022, then tumbled by 93.93% to $64.8 million in 2023, then tumbled by 332.25% to -$150.6 million in 2024, then surged by 839.5% to $1.1 billion in 2025, then sank by 107.7% to -$85.7 million in 2026.
- The last three Free Cash Flow figures came in at -$85.7 million (Q2 2026), -$687.3 million (Q1 2026), and $1.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 234.00 Mn |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 131.80 Mn |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | -85.75 Mn |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | -122.00 Mn |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | -140.70 Mn |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | -217.80 Mn |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 58.40 Mn |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 19.80 Mn |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 77.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -85.75 Mn |
| Feb 28, 2026 | -687.29 Mn |
| Nov 30, 2025 | 1.11 Bn |
| Aug 31, 2025 | 654.03 Mn |
| May 31, 2025 | 162.81 Mn |
| Feb 28, 2025 | 18.76 Mn |
| Nov 30, 2024 | -150.55 Mn |
| Aug 31, 2024 | 509.89 Mn |
| May 31, 2024 | -221.60 Mn |
| Feb 29, 2024 | 199.77 Mn |
| Nov 30, 2023 | 64.82 Mn |
| Aug 31, 2023 | 50.72 Mn |
| May 31, 2023 | -322.00 Mn |
| Feb 28, 2023 | -481.97 Mn |
| Nov 30, 2022 | 1.07 Bn |
| Aug 31, 2022 | -161.02 Mn |
| May 31, 2022 | 436.14 Mn |
| Feb 28, 2022 | -548.44 Mn |
| Nov 30, 2021 | -786.39 Mn |
| Aug 31, 2021 | -1.35 Bn |