CARMAX INC KMX
CARMAX INC statistics & valuation
Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($38.83); a green figure means the price is below it.
Profitability & efficiency
Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).
P / E vs its own history
CARMAX INC trades at about 34.9× earnings — above its 10-year norm (10-year range 10.1×–29.3×, median 21.2×).
Shaded band = 10-year range (10.1×–29.3×); dot = today's 34.9×.
Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.
Key ratios (by fiscal year)
| Ratio | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin | 10.8% | 11.0% | 10.2% | 9.4% | 10.3% | 12.6% | 13.4% | 13.6% | 13.6% | 13.8% |
| Net margin | 1.0% | 1.9% | 1.8% | 1.6% | 3.6% | 3.9% | 4.4% | 4.6% | 3.9% | 3.9% |
| FCF margin | 4.8% | 0.6% | -0.0% | 2.9% | -9.0% | 2.7% | -2.8% | -0.8% | -2.2% | -5.5% |
| Return on assets | 0.9% | 1.8% | 1.8% | 1.9% | 4.4% | 3.5% | 4.2% | 4.5% | 3.8% | 3.9% |
| Return on equity | 4.2% | 8.0% | 7.9% | 8.6% | 22.0% | 17.1% | 23.6% | 25.1% | 20.0% | 20.2% |
| Debt / equity | 2.93× | 2.91× | 2.96× | 3.17× | 3.47× | 3.35× | 3.97× | 4.10× | — | — |
| Current ratio | 2.20 | 2.31 | 2.26 | 2.60 | 3.20 | 2.42 | 2.39 | 2.45 | 2.61 | 2.60 |
Computed from company filings · US · as of 2026-02-28. Facts plus Stocktoria's own computed scores — not investment advice.