Carmax (KMX) Operating Leases (2019 - 2026)
Carmax (KMX) posted quarterly Operating Leases of $453.4 million for Q2 2026, down 14.34% year-over-year from $529.2 million in Q2 2025, and down 2.44% quarter-over-quarter from $464.7 million in Q1 2026.
Carmax (KMX) Operating Leases (2019 - 2026) Analysis & Trends
Carmax's Operating Leases history runs 8 years deep, the most recent figure standing at $453.4 million for Q2 2026.
- In Q2 2026, Operating Leases fell 14.34% year-over-year to $453.4 million; the TTM figure through May 2026 stood at $453.4 million (down 14.34% YoY), while the FY2026 annual figure was $464.7 million, down 3.58% from the prior year.
- Operating Leases for Q2 2026 stood at $453.4 million, down 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 $453.4 million in Q2 2026.
- The 5-year median for Operating Leases is $502.7 million (2023), against an average of $504.4 million.
- The sharpest annual moves came in 2022 and 2024: Operating Leases rose 23.52% in 2022, then fell 15.61% in 2024.
- Carmax's Operating Leases stood at $560.3 million in 2022, then dropped by 9.13% to $509.1 million in 2023, then decreased by 5.46% to $481.3 million in 2024, then declined by 3.94% to $462.4 million in 2025, then fell by 1.95% to $453.4 million in 2026.
- Business Quant data shows KMX's Operating Leases at $453.4 million in Q2 2026, $464.7 million in Q1 2026, and $462.4 million in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - |
| 2 | Carvana | 51.31 Bn | 48.57 Bn | 1.38 Bn |
| 3 | Penske Automotive | 14.31 Bn | 14.24 Bn | 1.36 Bn |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn |
| 6 | Autonation | 7.02 Bn | 6.97 Bn | 1.23 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 6.34 Bn | 6.08 Bn | 361.67 Mn |
| 8 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn |
| 10 | Openlane | 4.29 Bn | 4.10 Bn | 248.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 453.35 Mn |
| Feb 28, 2026 | 464.70 Mn |
| Nov 30, 2025 | 462.39 Mn |
| Aug 31, 2025 | 463.84 Mn |
| May 31, 2025 | 529.24 Mn |
| Feb 28, 2025 | 481.96 Mn |
| Nov 30, 2024 | 481.34 Mn |
| Aug 31, 2024 | 473.16 Mn |
| May 31, 2024 | 484.63 Mn |
| Feb 29, 2024 | 496.21 Mn |
| Nov 30, 2023 | 509.14 Mn |
| Aug 31, 2023 | 516.84 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 | 519.82 Mn |
| Feb 28, 2022 | 523.27 Mn |
| Nov 30, 2021 | 572.97 Mn |
| Aug 31, 2021 | 581.97 Mn |