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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |