Growth Metrics

Carmax (KMX) Net Margin (2016 - 2026)

Carmax has reported Net Margin over the past 18 years, most recently at 2.03% for Q1 2026.

  • For Q1 2026, Net Margin fell 353.0% year-over-year to 2.03%; the TTM value through Feb 2026 reached 0.96%, down 94.0%, while the annual FY2026 figure was 0.96%, 94.0% down from the prior year.
  • Net Margin for Q1 2026 was 2.03% at Carmax, down from 1.07% in the prior quarter.
  • Over five years, Net Margin peaked at 2.97% in Q2 2023 and troughed at 2.03% in Q1 2026.
  • A 5-year average of 1.52% and a median of 1.55% in 2022 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: soared 76bps in 2023 and later tumbled -353bps in 2026.
  • Year by year, Net Margin stood at 0.58% in 2022, then soared by 131bps to 1.33% in 2023, then soared by 51bps to 2.02% in 2024, then plummeted by -47bps to 1.07% in 2025, then plummeted by -289bps to 2.03% in 2026.
  • Business Quant data shows Net Margin for KMX at 2.03% in Q1 2026, 1.07% in Q4 2025, and 1.45% in Q3 2025.