Carmax (KMX) Return on Invested Capital [ROIC] (2010 - 2026)
Carmax's Return on Invested Capital [ROIC] was 1.14% in fiscal Q2 2027 (quarter ended Aug 31, 2026), down 0.48 percentage points from 1.62% a year earlier but up 0.19 percentage points from the prior quarter.
Powered by 
Analysis
Carmax (KMX) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Return on Invested Capital [ROIC] at Carmax came in at 0.10%, down 0.47 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a five-year change of -1.94 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 0.56% in FY2025 (+0.01 pp), 0.55% in FY2024 (+0.31 pp), 0.24% in FY2023 (-2.69 pp) and 2.94% in FY2022 (+0.90 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between 0.95% (fiscal Q1 2027) and 3.75% (fiscal Q3 2022) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has declined for three straight quarters, with an average year-over-year change of -0.07 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was fiscal Q4 2022 (a gain of 0.72 percentage points); the worst was fiscal Q3 2023 (a drop of 2.47 percentage points).
- Per Business Quant data, KMX's Return on Invested Capital [ROIC] in the three fiscal quarters before Q2 2027 was 0.95% (Q1 2027), 1.03% (Q4 2026) and 1.36% (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,674.18 Bn | 2,190.88 Bn | 104.83 Bn | 11.04% |
| 2 | Home Depot | 319.00 Bn | 312.24 Bn | 16.12 Bn | 23.31% |
| 3 | Tjx Companies | 159.67 Bn | 137.22 Bn | 5.07 Bn | 44.55% |
| 4 | Lowes Companies | 111.47 Bn | 104.43 Bn | 8.58 Bn | 26.54% |
| 5 | O Reilly Automotive | 73.39 Bn | 72.48 Bn | 2.52 Bn | 54.96% |
| 6 | Ross Stores | 73.30 Bn | 56.23 Bn | 2.12 Bn | 33.92% |
| 7 | Target | 69.39 Bn | 63.98 Bn | 8.94 Bn | 14.40% |
| 8 | Carvana | 63.54 Bn | 55.14 Bn | 1.38 Bn | 0.00% |
| 9 | Autozone | 52.26 Bn | 51.16 Bn | 2.52 Bn | 46.31% |
| 10 | Carmax | 7.32 Bn | 6.69 Bn | 799.46 Mn | 1.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 1.14% |
| May 31, 2026 | 0.95% |
| Feb 28, 2026 | 1.03% |
| Nov 30, 2025 | 1.36% |
| Aug 31, 2025 | 1.62% |
| May 31, 2025 | 1.73% |
| Feb 28, 2025 | 1.48% |
| Nov 30, 2024 | 1.32% |
| Aug 31, 2024 | 1.16% |
| May 31, 2024 | 1.03% |
| Feb 29, 2024 | 1.37% |
| Nov 30, 2023 | 1.49% |
| Aug 31, 2023 | 1.29% |
| May 31, 2023 | 1.20% |
| Feb 28, 2023 | 1.09% |
| Nov 30, 2022 | 1.28% |
| Aug 31, 2022 | 2.27% |
| May 31, 2022 | 2.96% |
| Feb 28, 2022 | 3.56% |
| Nov 30, 2021 | 3.75% |
API Access
Carmax Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=KMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();