Carmax (KMX) Interest Coverage Ratio (2009 - 2026)
Carmax's Interest Coverage Ratio came in at 5.37 for fiscal Q2 2027 (quarter ended Aug 31, 2026), up 31.0% from 4.10 a year earlier but down 17.2% from the prior quarter.
Carmax (KMX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Carmax reported Interest Coverage Ratio of 3.26, down 32.8% year-over-year; for FY2026 (ended Feb 28, 2026), it came in at 0.32, down 80.5% from FY2025.
- Going back by fiscal year, Interest Coverage Ratio was 1.62 in FY2025 (+22.0%), 1.33 in FY2024 (+133.3%), 0.57 in FY2023 (-92.8%) and 7.94 in FY2022 (+42.7%).
- The five-year range for quarterly Interest Coverage Ratio is -0.50 (fiscal Q3 2023) to 10.72 (fiscal Q3 2022).
- Year-over-year, Interest Coverage Ratio increased in three of the last six quarters, with growth averaging 17.0%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q3 2025 (growth of 136.9%), and the weakest in fiscal Q3 2026 (a decline of 91.7%).
- Business Quant data shows KMX's Interest Coverage Ratio at 6.48 (Q1 2027), -0.21 (Q4 2026) and 0.33 (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,826.00 Bn | 2,342.70 Bn | 104.83 Bn | 20.90 |
| 2 | Home Depot | 313.43 Bn | 306.67 Bn | 16.12 Bn | 11.73 |
| 3 | Tjx Companies | 162.19 Bn | 139.73 Bn | 5.07 Bn | - |
| 4 | Lowes Companies | 111.17 Bn | 104.13 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 75.20 Bn | 58.12 Bn | 2.12 Bn | - |
| 6 | O Reilly Automotive | 74.10 Bn | 73.19 Bn | 2.52 Bn | 14.11 |
| 7 | Target | 70.01 Bn | 64.60 Bn | 8.94 Bn | 26.12 |
| 8 | Autozone | 51.96 Bn | 50.86 Bn | 2.52 Bn | - |
| 9 | Carvana | 43.45 Bn | 33.94 Bn | 1.38 Bn | 6.73 |
| 10 | Carmax | 7.61 Bn | 6.98 Bn | 799.46 Mn | 5.37 |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 5.37 |
| May 31, 2026 | 6.48 |
| Feb 28, 2026 | -0.21 |
| Nov 30, 2025 | 0.33 |
| Aug 31, 2025 | 4.10 |
| May 31, 2025 | 8.64 |
| Feb 28, 2025 | 2.38 |
| Nov 30, 2024 | 4.01 |
| Aug 31, 2024 | 5.55 |
| May 31, 2024 | 4.89 |
| Feb 29, 2024 | 0.17 |
| Nov 30, 2023 | 1.69 |
| Aug 31, 2023 | 3.52 |
| May 31, 2023 | 8.45 |
| Feb 28, 2023 | 1.33 |
| Nov 30, 2022 | -0.50 |
| Aug 31, 2022 | 2.17 |
| May 31, 2022 | 7.60 |
| Feb 28, 2022 | 3.35 |
| Nov 30, 2021 | 10.72 |
Carmax Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=KMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();