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% on a QoQ basis from 1.5% in Q1 2026.
Carmax (KMX) Return on Capital Employed (2010 - 2026) Analysis & Trends
Carmax (KMX) has reported Return on Capital Employed for 17 consecutive years, with 1.39% the latest figure, recorded in 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 0.14%, down 55.0% from the prior year.
- Return on Capital Employed came in at 1.39% for Q2 2026 at Carmax, 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.
- Average Return on Capital Employed over 5 years is 1.91%, with a median of 1.67% recorded in 2024.
- Across the five-year window, Return on Capital Employed tumbled 288 bps in 2022 and soared 88 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 1.5% in 2022, then climbed by 22 bps to 1.83% in 2023, then fell by 11 bps to 1.63% in 2024, then advanced by 6 bps to 1.72% in 2025, then fell by 19 bps to 1.39% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 1.39%, 1.5%, and 1.72% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 17.64% |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 11.00% |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 1.39% |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 8.85% |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 13.72% |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 12.97% |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 9.32% |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 9.96% |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 11.42% |
Historic Data
Download 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% |