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
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%