Carmax (KMX) Return on Equity [ROE] (2010 - 2026)
Carmax's Return on Equity [ROE] came in at 4.71% for fiscal Q2 2027 (quarter ended Aug 31, 2026), down 3.64 percentage points from 8.35% a year earlier but up 1.00 percentage points from the prior quarter.
Carmax (KMX) Return on Equity [ROE] (2010 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Carmax's Return on Equity [ROE] was 4.08%, down 4.05 percentage points from FY2025.
- Return on Equity [ROE] has declined in each of the last four fiscal years, with a five-year change of -14.29 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Return on Equity [ROE] was 8.13% in FY2025 (-0.07 pp), 8.20% in FY2024 (-0.74 pp), 8.94% in FY2023 (-15.05 pp) and 23.99% in FY2022 (+5.62 pp).
- The five-year range for quarterly Return on Equity [ROE] is 3.71% (fiscal Q1 2027) to 23.97% (fiscal Q3 2022).
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of -1.19 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in fiscal Q3 2022 (a gain of 5.43 percentage points), and the weakest in fiscal Q4 2023 (a drop of 13.52 percentage points).
- Business Quant data shows KMX's Return on Equity [ROE] at 3.71% (Q1 2027), 4.14% (Q4 2026) and 7.47% (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,828.15 Bn | 2,344.85 Bn | 104.83 Bn | 26.64% |
| 2 | Home Depot | 312.02 Bn | 305.26 Bn | 16.12 Bn | 93.32% |
| 3 | Tjx Companies | 160.78 Bn | 138.32 Bn | 5.07 Bn | 57.63% |
| 4 | Lowes Companies | 109.83 Bn | 102.79 Bn | 8.58 Bn | - |
| 5 | Ross Stores | 74.49 Bn | 57.42 Bn | 2.12 Bn | 40.76% |
| 6 | O Reilly Automotive | 73.51 Bn | 72.60 Bn | 2.52 Bn | - |
| 7 | Target | 69.38 Bn | 63.97 Bn | 8.94 Bn | 25.85% |
| 8 | Autozone | 52.02 Bn | 50.92 Bn | 2.52 Bn | - |
| 9 | Carvana | 42.62 Bn | 33.11 Bn | 1.38 Bn | 43.64% |
| 10 | Carmax | 7.33 Bn | 6.70 Bn | 799.46 Mn | 4.71% |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 4.71% |
| May 31, 2026 | 3.71% |
| Feb 28, 2026 | 4.14% |
| Nov 30, 2025 | 7.47% |
| Aug 31, 2025 | 8.35% |
| May 31, 2025 | 8.91% |
| Feb 28, 2025 | 8.04% |
| Nov 30, 2024 | 7.44% |
| Aug 31, 2024 | 6.76% |
| May 31, 2024 | 6.59% |
| Feb 29, 2024 | 7.91% |
| Nov 30, 2023 | 8.26% |
| Aug 31, 2023 | 7.67% |
| May 31, 2023 | 8.06% |
| Feb 28, 2023 | 8.73% |
| Nov 30, 2022 | 10.56% |
| Aug 31, 2022 | 14.93% |
| May 31, 2022 | 18.18% |
| Feb 28, 2022 | 22.26% |
| Nov 30, 2021 | 23.97% |
Carmax Return on Equity [ROE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=KMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-equity-%5Broe%5D&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();