Carmax KMX
NYSE KMX
$57.18 -1.19 (-2.04%)
At close: Sep 18, 2026 · 4:00 PM EDT

Carmax (KMX) Operating Leases (2019 - 2026)

Carmax (KMX) posted Operating Leases of $510.3 million for Q2 2026, up 9.82% on a QoQ basis from $464.7 million in Q1 2026, and down 3.57% year-over-year from $529.2 million in Q2 2025.

Analysis

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

Carmax has reported Operating Leases for 8 years, with the latest figure at $510.3 million in Q2 2026.

  • On a quarterly basis, Operating Leases fell 3.57% year-over-year to $510.3 million in Q2 2026; TTM through May 2026 was $510.3 million, a 3.57% decrease from a year earlier, with the FY2026 full-year figure at $464.7 million, down 3.58% from the prior year.
  • Operating Leases was $510.3 million for Q2 2026 at Carmax, up from $464.7 million in the prior quarter.
  • The five-year high for Operating Leases was $574.3 million in Q2 2023, with the low at $464.7 million in Q1 2026.
  • Average Operating Leases over 5 years is $532.4 million, with a median of $530.2 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Leases advanced 23.52% in 2022, then fell 7.19% in 2024.
  • Over 5 years, Operating Leases stood at $560.3 million in 2022, then advanced by 0.93% to $565.6 million in 2023, then decreased by 4.22% to $541.7 million in 2024, then decreased by 4.08% to $519.6 million in 2025, then slipped by 1.78% to $510.3 million in 2026.
  • The last three Operating Leases figures came in at $510.3 million (Q2 2026), $464.7 million (Q1 2026), and $519.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Carvana 71.60 Bn 69.97 Bn 1.38 Bn
2 Penske Automotive 13.96 Bn 13.91 Bn 1.36 Bn
3 Carmax 8.11 Bn 7.52 Bn 854.41 Mn
4 Lithia Motors 6.96 Bn 6.62 Bn 1.50 Bn
5 Autonation 5.57 Bn 5.51 Bn 1.23 Bn
6 Sonic Automotive 5.24 Bn 5.22 Bn 616.20 Mn
7 Uxin 5.15 Bn 5.21 Bn 10.88 Mn
8 Asbury Automotive 3.29 Bn 3.25 Bn 753.10 Mn
9 Group 1 Automotive 2.94 Bn 2.77 Bn 860.60 Mn
10 Marinemax 1.16 Bn 996.41 Mn 218.08 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 510.34 Mn
Feb 28, 2026 464.70 Mn
Nov 30, 2025 519.56 Mn
Aug 31, 2025 521.79 Mn
May 31, 2025 529.24 Mn
Feb 28, 2025 481.96 Mn
Nov 30, 2024 541.68 Mn
Aug 31, 2024 531.12 Mn
May 31, 2024 542.17 Mn
Feb 29, 2024 496.21 Mn
Nov 30, 2023 565.55 Mn
Aug 31, 2023 572.28 Mn
May 31, 2023 574.31 Mn
Feb 28, 2023 523.83 Mn
Nov 30, 2022 560.32 Mn
Aug 31, 2022 561.33 Mn
May 31, 2022 564.20 Mn
Feb 28, 2022 523.27 Mn
Nov 30, 2021 572.97 Mn
Aug 31, 2021 581.97 Mn