CarMax KMX Ratios & Valuation
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 10.5%-0.3pp | 10.8%-0.2pp | 11.1%-0.2pp | 11.2%0.0pp | 11.2%+0.2pp | |
| Efficiency | ||||||
| Asset turnover | 1×0.0× | 1×0.0× | 1×0.0× | 1×0.0× | 1×0.0× | |
| Inventory turnover | 6.1×+0.4× | 5.7×-1.1× | 6.8×-0.4× | 7.2×+0.7× | 6.4×+0.3× | |
| Liquidity | ||||||
| Current ratio | 2.7×+0.5× | 2.2×+0.2× | 2×-0.5× | 2.5×+0.1× | 2.4×+0.1× | |
| Quick ratio | 0.8×+0.3× | 0.5×0.0× | 0.5×-0.6× | 1.1×+0.3× | 0.8×+0.3× | |
| Cash ratio | 0.1×0.0× | 0.1×0.0× | 0.1×-0.1× | 0.2×+0.1× | 0.1×0.0× | |
| Leverage | ||||||
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Valuation | ||||||
| Market capitalization | $6.33B+3.4% | $6.12B+7.8% | $5.68B-38.3% | $9.21B-4.0% | $9.59B-24.8% | |
| Enterprise value | $8.97B+0.4% | $8.94B+18.0% | $7.58B-31.0% | $10.97B-5.7% | $11.64B-21.6% | |
| Price / sales | 0.2×0.0× | 0.2×0.0× | 0.2×-0.1× | 0.3×0.0× | 0.4×-0.1× | |
| EV / sales | 0.3×0.0× | 0.3×+0.1× | 0.3×-0.1× | 0.4×0.0× | 0.4×-0.1× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do CarMax's ratios come from?
- Every ratio is computed from CarMax's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.