Growth Metrics

Carmax (KMX) Gross Margin (2016 - 2025)

Historic Gross Margin for Carmax (KMX) over the last 17 years, with Q4 2025 value amounting to 10.18%.

  • Carmax's Gross Margin fell 7000.0% to 10.18% in Q4 2025 from the same period last year, while for Nov 2025 it was 11.06%, marking a year-over-year increase of 2200.0%. This contributed to the annual value of 11.0% for FY2025, which is 7700.0% up from last year.
  • As of Q4 2025, Carmax's Gross Margin stood at 10.18%, which was down 7000.0% from 10.88% recorded in Q3 2025.
  • Over the past 5 years, Carmax's Gross Margin peaked at 12.42% during Q1 2021, and registered a low of 8.86% during Q4 2022.
  • For the 5-year period, Carmax's Gross Margin averaged around 10.47%, with its median value being 10.53% (2024).
  • In the last 5 years, Carmax's Gross Margin crashed by -37900bps in 2021 and then skyrocketed by 14300bps in 2023.
  • Quarter analysis of 5 years shows Carmax's Gross Margin stood at 9.81% in 2021, then decreased by -10bps to 8.86% in 2022, then increased by 12bps to 9.97% in 2023, then rose by 9bps to 10.89% in 2024, then decreased by -6bps to 10.18% in 2025.
  • Its Gross Margin was 10.18% in Q4 2025, compared to 10.88% in Q3 2025 and 11.84% in Q2 2025.