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

Carmax (KMX) posted quarterly Free Cash Flow of -$85.7 million for Q2 2026, down 152.67% year-over-year from $162.8 million in Q2 2025, and up 87.52% on a QoQ basis from -$687.3 million in Q1 2026.

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

Carmax (KMX) has reported Free Cash Flow for 18 consecutive years, with -$85.7 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Free Cash Flow fell 152.67% year-over-year to -$85.7 million; the TTM figure through May 2026 stood at $994.3 million (up 83.82% YoY), while the FY2026 annual figure was $1.2 billion, up 694.16% from the prior year.
  • Free Cash Flow came in at -$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.
  • Across the five-year window, Free Cash Flow soared 905.37% in 2024 and sank 3763.61% in 2026, its largest moves.
  • Year by year, Free Cash Flow stood at $1.1 billion in 2022, then sank by 93.93% to $64.8 million in 2023, then sank by 332.25% to -$150.6 million in 2024, then jumped by 839.5% to $1.1 billion in 2025, then tumbled by 107.7% to -$85.7 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$85.7 million, -$687.3 million, and $1.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 56.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 152.40 Mn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -85.75 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -205.50 Mn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -34.20 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -5.63 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 37.60 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 220.70 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 8.40 Mn

Historic Data

Download Data
DateValue
May 31, 2026 -85.75 Mn
May 31, 2026 -85.75 Mn
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