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CarMax Inc (KMX)
:KMX
US Market
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CarMax (KMX) Ratios

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CarMax Ratios

KMX's free cash flow for Q2 2026 was $0.11. For the 2026 fiscal year, KMX's free cash flow was decreased by $ and operating cash flow was $0.00. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
2.46 2.26 2.60 3.20 2.42
Quick Ratio
1.06 0.67 0.68 0.70 0.56
Cash Ratio
0.24 0.25 0.16 0.05 0.08
Solvency Ratio
0.04 0.04 0.04 0.07 0.06
Operating Cash Flow Ratio
0.54 0.20 0.66 -1.25 0.39
Short-Term Operating Cash Flow Coverage
1.41 0.58 2.21 -4.79 0.00
Net Current Asset Value
$ -15.34B$ -15.90B$ -15.53B$ -14.55B$ -13.06B
Leverage Ratios
Debt-to-Assets Ratio
0.66 0.72 0.72 0.73 0.72
Debt-to-Equity Ratio
2.87 3.22 3.37 3.68 3.56
Debt-to-Capital Ratio
0.74 0.76 0.77 0.79 0.78
Long-Term Debt-to-Capital Ratio
0.73 0.75 0.76 0.78 0.76
Financial Leverage Ratio
4.37 4.48 4.66 5.03 4.94
Debt Service Coverage Ratio
0.96 0.54 0.86 1.74 12.38
Interest Coverage Ratio
0.65 1.12 2.48 5.62 12.20
Debt to Market Cap
2.75 1.50 1.67 1.05 0.71
Interest Debt Per Share
119.84 128.75 121.93 120.67 95.68
Net Debt to EBITDA
13.47 18.17 18.21 10.50 11.98
Profitability Margins
Gross Profit Margin
11.21%10.22%9.43%10.31%12.55%
EBIT Margin
4.66%2.89%3.60%5.69%7.21%
EBITDA Margin
4.85%3.93%3.44%5.72%6.78%
Operating Profit Margin
0.73%3.55%3.60%5.69%5.55%
Pretax Profit Margin
2.64%2.42%2.15%4.68%5.09%
Net Profit Margin
1.98%1.81%1.63%3.61%3.94%
Continuous Operations Profit Margin
0.82%1.81%1.63%3.61%3.94%
Net Income Per EBT
74.96%74.69%76.12%77.15%77.38%
EBT Per EBIT
361.20%68.10%59.65%82.21%91.80%
Return on Assets (ROA)
1.92%1.76%1.85%4.37%3.47%
Return on Equity (ROE)
8.36%7.89%8.64%21.99%17.11%
Return on Capital Employed (ROCE)
0.78%3.79%4.40%7.47%5.30%
Return on Invested Capital (ROIC)
0.56%2.73%3.27%5.63%4.09%
Return on Tangible Assets
1.93%1.77%1.86%4.39%3.47%
Earnings Yield
8.14%3.83%4.42%6.48%3.77%
Efficiency Ratios
Receivables Turnover
151.93 119.99 99.35 56.87 79.27
Payables Turnover
25.63 25.51 32.52 30.51 20.73
Inventory Turnover
7.43 6.48 7.22 5.58 5.25
Fixed Asset Turnover
5.93 6.34 7.46 8.51 5.43
Asset Turnover
0.97 0.98 1.13 1.21 0.88
Working Capital Turnover Ratio
8.16 8.82 7.81 9.22 8.33
Cash Conversion Cycle
37.27 45.09 43.04 59.83 56.54
Days of Sales Outstanding
2.40 3.04 3.67 6.42 4.60
Days of Inventory Outstanding
49.11 56.35 50.59 65.37 69.54
Days of Payables Outstanding
14.24 14.31 11.22 11.96 17.61
Operating Cycle
51.51 59.40 54.26 71.79 74.15
Cash Flow Ratios
Operating Cash Flow Per Share
8.02 2.90 8.08 -15.70 4.09
Free Cash Flow Per Share
4.55 -0.04 5.42 -17.60 3.08
CapEx Per Share
3.47 2.94 2.66 1.90 1.01
Free Cash Flow to Operating Cash Flow
0.57 -0.01 0.67 1.12 0.75
Dividend Paid and CapEx Coverage Ratio
2.31 0.99 3.04 -8.26 4.06
Capital Expenditure Coverage Ratio
2.31 0.99 3.04 -8.26 4.06
Operating Cash Flow Coverage Ratio
0.07 0.02 0.07 -0.13 0.04
Operating Cash Flow to Sales Ratio
0.05 0.02 0.04 -0.08 0.04
Free Cash Flow Yield
10.58%-0.05%7.85%-16.10%2.54%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
12.28 26.08 22.62 15.42 26.52
Price-to-Sales (P/S) Ratio
0.25 0.47 0.37 0.56 1.05
Price-to-Book (P/B) Ratio
1.03 2.06 1.95 3.39 4.54
Price-to-Free Cash Flow (P/FCF) Ratio
9.45 -1.87K 12.74 -6.21 39.36
Price-to-Operating Cash Flow Ratio
5.30 27.25 8.54 -6.96 29.66
Price-to-Earnings Growth (PEG) Ratio
-2.11 -39.78 -0.40 0.28 -1.76
Price-to-Fair Value
1.03 2.06 1.95 3.39 4.54
Enterprise Value Multiple
18.53 30.15 28.93 20.23 27.39
Enterprise Value
23.70B 31.46B 29.58B 36.93B 35.20B
EV to EBITDA
18.53 30.15 28.93 20.23 27.39
EV to Sales
0.90 1.19 1.00 1.16 1.86
EV to Free Cash Flow
34.60 -4.70K 34.37 -12.92 69.96
EV to Operating Cash Flow
19.62 68.59 23.05 -14.48 52.72
Tangible Book Value Per Share
40.20 37.50 34.46 31.37 26.74
Shareholders’ Equity Per Share
41.14 38.39 35.35 32.24 26.75
Tax and Other Ratios
Effective Tax Rate
0.25 0.25 0.24 0.23 0.23
Revenue Per Share
174.95 167.72 186.93 196.42 116.13
Net Income Per Share
3.46 3.03 3.05 7.09 4.58
Tax Burden
0.75 0.75 0.76 0.77 0.77
Interest Burden
0.57 0.84 0.60 0.82 0.71
Research & Development to Revenue
0.00 0.00 <0.01 <0.01 0.00
SG&A to Revenue
0.09 0.08 0.07 0.06 0.09
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
2.32 0.96 2.65 -2.21 0.89
Currency in USD
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