Carmax (KMX) Invested Capital (2010 - 2026)

Carmax's Invested Capital history runs 17 years deep, the most recent figure standing at $23.1 billion for Q1 2026.

• In Q1 2026, Invested Capital fell 5.05% year-over-year to $23.1 billion; the TTM figure through Feb 2026 stood at $23.1 billion (down 5.05% YoY), while the FY2026 annual figure was $23.1 billion, down 5.05% from the prior year.
• Invested Capital was $23.1 billion for Q1 2026 at Carmax, up from $22.7 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $24.4 billion in Q2 2024 to a low of $22.7 billion in Q4 2025.
• Historically, Invested Capital has averaged $23.8 billion across 5 years, with a median of $24.0 billion in 2025.
• The sharpest annual moves came in 2022 and 2025: Invested Capital increased 23.31% in 2022, then slipped 7.02% in 2025.
• A 5-year view of Invested Capital shows it stood at $23.1 billion in 2022, then climbed by 4.67% to $24.2 billion in 2023, then increased by 0.63% to $24.4 billion in 2024, then slipped by 7.02% to $22.7 billion in 2025, then climbed by 2.2% to $23.1 billion in 2026.
• The last three Invested Capital figures came in at $23.1 billion (Q1 2026), $22.7 billion (Q4 2025), and $24.0 billion (Q3 2025), per Business Quant data.