Carmax (KMX) Return on Capital Employed (2010 - 2026)
Carmax (KMX) posted quarterly Return on Capital Employed of 1.39% for Q2 2026, down 77.0% year-over-year from 6.05% in Q2 2025, and down 7.28% quarter-over-quarter from 1.5% in Q1 2026.
Analysis
Carmax (KMX) Return on Capital Employed (2010 - 2026) Analysis & Trends
Carmax's Return on Capital Employed history runs 17 years deep, the most recent figure standing at 1.39% for Q2 2026.
- In Q2 2026, Return on Capital Employed fell 77.0% year-over-year to 1.39%; the TTM figure through May 2026 stood at 1.39% (down 77.0% YoY), while the FY2026 annual figure was 1.44%, down 40.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 1.39%, down from 1.5% in the prior quarter.
- The five-year high for Return on Capital Employed was 4.02% in Q1 2022, with the low at 1.28% in Q2 2024.
- The 5-year median for Return on Capital Employed is 1.67% (2024), against an average of 1.91%.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed sank 288 bps in 2022, then surged 88 bps in 2025.
- Carmax's Return on Capital Employed stood at 1.5% in 2022, then increased by 22 bps to 1.83% in 2023, then decreased by 11 bps to 1.63% in 2024, then grew by 6 bps to 1.72% in 2025, then decreased by 19 bps to 1.39% in 2026.
- Business Quant data shows KMX's Return on Capital Employed at 1.39% in Q2 2026, 1.5% in Q1 2026, and 1.72% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 51.72 Bn | 48.97 Bn | 1.38 Bn | 18.45% |
| 2 | Penske Automotive | 14.26 Bn | 14.20 Bn | 1.36 Bn | 10.60% |
| 3 | Carmax | 8.64 Bn | 8.05 Bn | 854.41 Mn | 1.39% |
| 4 | Lithia Motors | 8.32 Bn | 7.95 Bn | 1.50 Bn | 8.72% |
| 5 | Autonation | 6.85 Bn | 6.79 Bn | 1.23 Bn | 14.90% |
| 6 | Rush Enterprises Inc \Tx\ | 5.69 Bn | 5.42 Bn | 361.67 Mn | 12.34% |
| 7 | Uxin | 5.54 Bn | 5.54 Bn | - | - |
| 8 | Valvoline | 4.06 Bn | 3.98 Bn | 214.90 Mn | 9.88% |
| 9 | Openlane | 4.01 Bn | 3.82 Bn | 248.20 Mn | 11.36% |
| 10 | Asbury Automotive | 3.83 Bn | 3.79 Bn | 753.10 Mn | 9.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.39% |
| Feb 28, 2026 | 1.50% |
| Nov 30, 2025 | 1.72% |
| Aug 31, 2025 | 2.04% |
| May 31, 2025 | 2.16% |
| Feb 28, 2025 | 1.84% |
| Nov 30, 2024 | 1.63% |
| Aug 31, 2024 | 1.44% |
| May 31, 2024 | 1.28% |
| Feb 29, 2024 | 1.72% |
| Nov 30, 2023 | 1.83% |
| Aug 31, 2023 | 1.58% |
| May 31, 2023 | 1.44% |
| Feb 28, 2023 | 1.30% |
| Nov 30, 2022 | 1.50% |
| Aug 31, 2022 | 2.64% |
| May 31, 2022 | 3.37% |
| Feb 28, 2022 | 4.02% |
| Nov 30, 2021 | 4.39% |
| Aug 31, 2021 | 4.37% |