CarMax KMX Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 10.8%-0.2pp | 11%+0.8pp | 10.2%+0.8pp | 9.4%-0.9pp | |
| Efficiency | |||||
| Asset turnover | 1×0.0× | 1×0.0× | 1×-0.1× | 1.1×-0.2× | |
| Inventory turnover | 5.7×-0.4× | 6.2×-0.3× | 6.4×+0.4× | 6.1×-0.8× | |
| Liquidity | |||||
| Current ratio | 2.2×-0.1× | 2.3×0.0× | 2.3×-0.3× | 2.6×-0.6× | |
| Quick ratio | 0.5×0.0× | 0.5×-0.1× | 0.7×0.0× | 0.7×0.0× | |
| Cash ratio | 0.1×-0.1× | 0.1×-0.1× | 0.2×+0.1× | 0.2×+0.1× | |
| Leverage | |||||
| Debt-to-assets | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Valuation | |||||
| Market capitalization | $6.12B-52.0% | $12.76B+2.3% | $12.47B+14.2% | $10.92B-38.2% | |
| Enterprise value | $8.94B-39.8% | $14.85B+1.8% | $14.58B+9.0% | $13.38B-37.9% | |
| Price / sales | 0.2×-0.2× | 0.5×0.0× | 0.5×+0.1× | 0.4×-0.2× | |
| EV / sales | 0.3×-0.2× | 0.6×0.0× | 0.5×+0.1× | 0.5×-0.2× |
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.