What is CarMax's capex?

CarMax (KMX) reported capex of $103.34M in Q1 2026.

How has CarMax's capex changed year-over-year?

CarMax's capex decreased by 24.4% year-over-year, from $136.74M to $103.34M.

What is the long-term trend for CarMax's capex?

Over 4 years (2022 to 2026), CarMax's capex has grown at a 15.1% compound annual growth rate (CAGR), from $308.53M to $540.99M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

CarMax KMX CapEx

CapEx at other companies

AutoNationAN

$56.4M-25.0%

LAD

Lithia MotorsLAD

$97.1M+41.3%

Group 1 AutomotiveGPI

$84M+60.9%

CarvanaCVNA

$51M+88.9%

Credit AcceptanceCACC

$1.3M+333%

Penske Automotive GroupPAG

$62.6M-26.1%

Other financials

Income statement

See full

Revenue$8.0B+6.2%

Gross profit$854.4M-4.4%

Net income$185.6M-11.8%

EPS (diluted)$1.31-5.1%

Balance sheet

See full

Cash & equivalents$132.2M-49.7%

Total debt$2.8B+20.0%

Total assets$26.6B-2.8%

Cash flow

See full

Operating cash flow$17.6M-94.1%

Free cash flow-$85.7M-153%

Valuation

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Market cap$7.61B-34.0%

Enterprise value$10.26B-22.9%

P/E13.8×-17.7×

P/S0.3×-0.1×

Profitability

See full

Gross margin10.5%-0.7pp

Net margin1.8%0.0pp

FCF margin7.5%—

Returns & leverage

See full

Current ratio2.7×+0.3×

Where this comes from

Reported directly by CarMax in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: CarMax’s 10-Q, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CarMax's capex?: CarMax (KMX) reported capex of $103.34M in Q1 2026.
How has CarMax's capex changed year-over-year?: CarMax's capex decreased by 24.4% year-over-year, from $136.74M to $103.34M.
What is the long-term trend for CarMax's capex?: Over 4 years (2022 to 2026), CarMax's capex has grown at a 15.1% compound annual growth rate (CAGR), from $308.53M to $540.99M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.