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| Date | Value |
|---|---|
| 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 |