Carmax (KMX) Leases (2019 - 2026)

Carmax (KMX) recorded quarterly Leases of $459.5 million in Q1 2026, down 3.28% quarter-over-quarter from $475.1 million in Q4 2025, and down 6.86% on a YoY basis from $493.4 million in Q1 2025.

Carmax (KMX) Leases (2019 - 2026) Analysis & Trends

Carmax's Leases history runs 8 years deep, the most recent figure standing at $459.5 million for Q1 2026.

  • In Q1 2026, Leases fell 6.86% year-over-year to $459.5 million; the TTM figure through Feb 2026 stood at $459.5 million (down 6.86% YoY), while the FY2026 annual figure was $459.5 million, down 6.86% from the prior year.
  • Leases was $459.5 million for Q1 2026 at Carmax, down from $475.1 million in the prior quarter.
  • In the past five years, Leases ranged from a high of $545.7 million in Q1 2023 to a low of $459.5 million in Q1 2026.
  • Historically, Leases has averaged $512.3 million across 5 years, with a median of $520.7 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Leases climbed 24.49% in 2022, then slipped 8.31% in 2024.
  • A 5-year view of Leases shows it stood at $529.8 million in 2022, then grew by 0.68% to $533.4 million in 2023, then decreased by 5.33% to $505.0 million in 2024, then retreated by 5.92% to $475.1 million in 2025, then retreated by 3.28% to $459.5 million in 2026.
  • The last three Leases figures came in at $459.5 million (Q1 2026), $475.1 million (Q4 2025), and $476.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn 38.11 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 431.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 459.51 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 708.10 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 441.10 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 119.75 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 395.30 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 57.50 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 256.00 Mn
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 231.20 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 459.51 Mn
Nov 30, 2025 475.08 Mn
Aug 31, 2025 476.37 Mn
May 31, 2025 482.61 Mn
Feb 28, 2025 493.36 Mn
Nov 30, 2024 504.98 Mn
Aug 31, 2024 495.78 Mn
May 31, 2024 509.04 Mn
Feb 29, 2024 520.72 Mn
Nov 30, 2023 533.39 Mn
Aug 31, 2023 540.72 Mn
May 31, 2023 541.91 Mn
Feb 28, 2023 545.68 Mn
Nov 30, 2022 529.78 Mn
Aug 31, 2022 530.29 Mn
May 31, 2022 533.36 Mn
Feb 28, 2022 537.36 Mn
Nov 30, 2021 543.65 Mn
Aug 31, 2021 553.73 Mn
May 31, 2021 453.85 Mn