Carmax (KMX) Return on Capital Employed (2010 - 2026)

Carmax's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 1.5% for Q1 2026.

• In Q1 2026, Return on Capital Employed fell 34.0% year-over-year to 1.5%; the TTM figure through Feb 2026 stood at 1.5% (down 34.0% YoY), while the FY2026 annual figure was 0.14%, down 55.0% from the prior year.
• Return on Capital Employed was 1.5% for Q1 2026 at Carmax, down from 1.72% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 4.02% in Q1 2022 to a low of 1.28% in Q2 2024.
• Historically, Return on Capital Employed has averaged 1.94% across 5 years, with a median of 1.72% in 2024.
• The sharpest annual moves came in 2022 and 2025: Return on Capital Employed slumped 288 bps in 2022, then soared 88 bps in 2025.
• A 5-year view of Return on Capital Employed shows it stood at 1.5% in 2022, then rose by 22 bps to 1.83% in 2023, then slipped by 11 bps to 1.63% in 2024, then increased by 6 bps to 1.72% in 2025, then declined by 13 bps to 1.5% in 2026.
• The last three Return on Capital Employed figures came in at 1.5% (Q1 2026), 1.72% (Q4 2025), and 2.04% (Q3 2025), per Business Quant data.