Carmax (KMX) Invested Capital (2010 - 2026)
Carmax (KMX) recorded Invested Capital of $22.02 billion in fiscal Q2 2027 (quarter ended Aug 31, 2026), down 6.1% from $23.45 billion a year earlier and down 0.8% from the prior quarter.
Carmax (KMX) Invested Capital (2010 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Carmax reported Invested Capital of $21.91 billion, down 6.1% from FY2025.
- Annual Invested Capital has a five-year compound annual growth rate of 3.4% (FY2021 to FY2026).
- Across earlier fiscal years, Invested Capital came in at $23.34 billion in FY2025 (+1.8%), $22.92 billion in FY2024 (+4.4%), $21.95 billion in FY2023 (+6.1%) and $20.68 billion in FY2022 (+11.3%).
- Quarterly Invested Capital has ranged from $20.68 billion in fiscal Q4 2022 to $23.68 billion in fiscal Q1 2026 over the past five years.
- On a year-over-year basis, Invested Capital has declined for four consecutive quarters, with an average decline of 2.4% over the last eight quarters.
- Peak year-over-year performance for Invested Capital in the last five years was growth of 15.8% in fiscal Q3 2022, against a decline of 6.3% in fiscal Q1 2027 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $22.19 billion (Q1 2027), $21.91 billion (Q4 2026) and $22.22 billion (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,682.13 Bn | 2,198.82 Bn | 104.83 Bn | 680.51 Bn |
| 2 | Home Depot | 324.95 Bn | 318.19 Bn | 16.12 Bn | 69.51 Bn |
| 3 | Tjx Companies | 162.62 Bn | 140.17 Bn | 5.07 Bn | 13.52 Bn |
| 4 | Lowes Companies | 113.80 Bn | 106.76 Bn | 8.58 Bn | 30.12 Bn |
| 5 | O Reilly Automotive | 75.79 Bn | 74.87 Bn | 2.52 Bn | 5.18 Bn |
| 6 | Ross Stores | 75.13 Bn | 58.06 Bn | 2.12 Bn | 7.76 Bn |
| 7 | Target | 71.58 Bn | 66.17 Bn | 8.94 Bn | 33.20 Bn |
| 8 | Autozone | 53.75 Bn | 52.65 Bn | 2.52 Bn | 6.27 Bn |
| 9 | Carvana | 42.42 Bn | 32.91 Bn | 1.38 Bn | 10.37 Bn |
| 10 | Carmax | 7.47 Bn | 6.84 Bn | 799.46 Mn | 22.02 Bn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 22.02 Bn |
| May 31, 2026 | 22.19 Bn |
| Feb 28, 2026 | 21.91 Bn |
| Nov 30, 2025 | 22.22 Bn |
| Aug 31, 2025 | 23.45 Bn |
| May 31, 2025 | 23.68 Bn |
| Feb 28, 2025 | 23.35 Bn |
| Nov 30, 2024 | 23.30 Bn |
| Aug 31, 2024 | 23.27 Bn |
| May 31, 2024 | 23.33 Bn |
| Feb 29, 2024 | 23.23 Bn |
| Nov 30, 2023 | 23.36 Bn |
| Aug 31, 2023 | 23.30 Bn |
| May 31, 2023 | 22.59 Bn |
| Feb 28, 2023 | 22.06 Bn |
| Nov 30, 2022 | 21.81 Bn |
| Aug 31, 2022 | 21.62 Bn |
| May 31, 2022 | 21.25 Bn |
| Feb 28, 2022 | 20.69 Bn |
| Nov 30, 2021 | 21.08 Bn |
Carmax Invested Capital 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=invested-capital&ticker=KMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();