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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Uxin 78.07 Bn 78.06 Bn - -
2 Carvana 51.62 Bn 48.87 Bn 1.38 Bn 18.45%
3 Penske Automotive 14.25 Bn 14.18 Bn 1.36 Bn 10.60%
4 Lithia Motors 8.52 Bn 8.16 Bn 1.50 Bn 8.72%
5 Carmax 8.26 Bn 7.67 Bn 854.41 Mn 1.39%
6 Autonation 6.97 Bn 6.91 Bn 1.23 Bn 14.90%
7 Rush Enterprises Inc \Tx\ 6.35 Bn 6.09 Bn 361.67 Mn 54.25%
8 Autozi Internet Technology (Global) 6.17 Bn 5.99 Bn - -
9 Valvoline 4.21 Bn 4.13 Bn 214.90 Mn 9.88%
10 Openlane 4.18 Bn 3.99 Bn 248.20 Mn 11.36%

Historic Data

Download Data
DateValue
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%