Carmax (KMX) Net Margin (2009 - 2026)

Carmax (KMX) has reported Net Margin for 18 consecutive years, with 2.32% the latest figure, recorded in Q2 2026.

• In Q2 2026, Net Margin fell 47.0% year-over-year to 2.32%; the TTM figure through May 2026 stood at 0.84% (down 124.0% YoY), while the FY2026 annual figure was 0.96%, down 94.0% from the prior year.
• Net Margin came in at 2.32% for Q2 2026 at Carmax, up from 2.03% in the prior quarter.
• The five-year high for Net Margin was 2.97% in Q2 2023, with the low at 2.03% in Q1 2026.
• Average Net Margin over 5 years is 1.56%, with a median of 1.61% recorded in 2023.
• Across the five-year window, Net Margin soared 76 bps in 2023 and tumbled 353 bps in 2026, its largest moves.
• Year by year, Net Margin stood at 0.58% in 2022, then jumped by 131 bps to 1.33% in 2023, then jumped by 51 bps to 2.02% in 2024, then slumped by 47 bps to 1.07% in 2025, then soared by 116 bps to 2.32% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 2.32%, 2.03%, and 1.07% for Q2 2026, Q1 2026, and Q4 2025 respectively.